Racing Promotions Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.25 M
- Company Age 6 Year, 8 Months
- 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 (Six years and eight months 23 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
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74999TN2018PTC122628
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Company No.
122628
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 May 2018
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Date of AGM
29 Nov 2021
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Date of Balance Sheet
31 Mar 2021
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
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
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Director | 12-Sep-2018 | Current |
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Armaan Ebrahim
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Director | 11-May-2018 | Current |
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Aditya Patel
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Director | 11-May-2018 | Current |
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Jamuna Selvaraj
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Director | 11-May-2018 | Current |
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Navjeet Gadhoke
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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%.
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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)
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Roadway Solutions India Infra LimitedNavjeet Gadhoke is a mutual person
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Innxt Aviation Private LimitedNavjeet Gadhoke is a mutual person
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Icomm Tele LimitedAkhilesh Nandaluri is a mutual person
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Manira Energy Private LimitedArmaan Ebrahim is a mutual person
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Oil And Gas Services Bharat Private LimitedArmaan Ebrahim is a mutual person
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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.