Racing Promotions Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.25 M
- Company Age 7 Year, 4 Days
- Last Filing with ROC 31 Mar 2021
- Revenue Growth -44.31%
- Profit Growth 123.06%
- Ebitda 115.29%
- Net Worth 137.90%
- Total Assets 327.64%
About Racing Promotions
Racing Promotions Private Limited (RPPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 May 2018 (Seven years 4 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Events And Entertainment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.25 M, as per Ministry of Corporate Affairs (MCA) records.
Armaan Ebrahim, Jamuna Selvaraj, Viresh Reddy, and Three other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TN2018PTC122628
- Company No.
122628
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 May 2018
- Date of AGM
29 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Events and Entertainment
Racing Promotions Private Limited
Explore comprehensive data for Racing Promotions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Racing Promotions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akhilesh Nandaluri  | Managing Director | 15-Jun-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Viresh Reddy | Director | 12-Sep-2018 | Current |
| Armaan Ebrahim | Director | 11-May-2018 | Current |
| Aditya Patel | Director | 11-May-2018 | Current |
| Jamuna Selvaraj | Director | 11-May-2018 | Current |
| Navjeet Gadhoke | Director | 12-Aug-2021 | Current |
Financial Performance of Racing Promotions.
Racing Promotions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 44.31% decrease. The company also saw a substantial improvement in profitability, with a 123.06% increase in profit. The company's net worth Soared by an impressive increase of 137.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Racing Promotions?
In 2021, Racing Promotions had a public holding of 79.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Roadway Solutions India Infra LimitedNavjeet Gadhoke is a mutual person
Innxt Aviation Private LimitedNavjeet Gadhoke is a mutual person
Icomm Tele LimitedAkhilesh Nandaluri is a mutual person
Manira Energy Private LimitedArmaan Ebrahim is a mutual person
- Oil And Gas Services Bharat Private Limited
Armaan Ebrahim is a mutual person
- Lng Bharat Private Limited
Armaan Ebrahim is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Racing Promotions?
Unlock and access historical data on people associated with Racing Promotions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Racing Promotions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Racing Promotions's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Racing Promotions
Recent activity within the organization
- Annual General Meeting
Racing Promotions Private Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records.
- Director Appointment
Navjeet Singh Gadhoke was appointed as a Director was appointed as a Director on 12 Aug 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Akhilesh Reddy Nandaluri was appointed as a Managing Director was appointed as a Managing Director on 15 Jun 2021 & has been associated with this company since 3 years 10 months .
- Balance Sheet
Racing Promotions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
- Director Appointment
Viresh Reddy was appointed as a Director was appointed as a Director on 12 Sep 2018 & has been associated with this company since 6 years 8 months .
- Director Appointment
Armaan Ebrahim was appointed as a Director was appointed as a Director on 11 May 2018 & has been associated with this company since 7 years 4 days .
Frequently asked questions
What is the Incorporation or founding date of Racing Promotions Private Limited?
Racing Promotions Private Limited was incorporated on 11 May 2018.
What is authorized share capital and paid-up capital of Racing Promotions Private Limited?
The authorized share capital of Racing Promotions Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.25 M.
Who are the current board members & directors of Racing Promotions Private Limited?
Currently 6 directors are associated with Racing Promotions Private Limited.
- Armaan Ebrahim
- Jamuna Selvaraj
- Viresh Reddy
- Navjeet Singh Gadhoke
- Akhilesh Reddy Nandaluri
- Aditya Kamlesh Patel
What is the registered address of Racing Promotions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Racing Promotions Private Limited is No.8/20 Rutland Gate 4Th Street, Nungambakkam India, Chennai, Tamil Nadu, 600006.
What is the corporate identification number (CIN) and company number of Racing Promotions Private Limited?
The corporate identification number (CIN) of Racing Promotions Private Limited is U74999TN2018PTC122628 and the company number is 122628 as per Ministry of Corporate Affairs (MCA).
What is the official website of Racing Promotions Private Limited?
The Official website of Racing Promotions Private Limited is https://www.rpplind.com
What has been the recent revenue trend for Racing Promotions Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Racing Promotions Private Limited has fallen by -44.31%.
What change has been observed in the net worth of Racing Promotions Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Racing Promotions Private Limited has experienced an upsurge of 137.90%.
When was the last Balance Sheet of Racing Promotions Private Limited filed with the ROC?
The most recent Balance Sheet for Racing Promotions Private Limited was filed with the ROC on 31 Mar 2021.
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