Rack N Space Storage Solutions Private Limited

Manufactures and supplies storage racks, purlins, and racking systems for various industries.

2014 | Baramati, Maharashtra (India) | Active
Last Updated: June 16, 2024

Rack N Space Storage Solutions Profile

Key Indicators

  • Authorised Capital ₹ 9.75 M
  • Paid Up Capital ₹ 9.75 M
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.02 Cr
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth -13.95%
  • Profit Growth 187.61%
  • Ebitda 91.02%
  • Net Worth 204.70%
  • Total Assets 15.96%

About Rack N Space Storage Solutions

Rack N Space Storage Solutions Private Limited (RNSSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 March 2014 and has a history of Ten years and 11 months. Its registered office is in Baramati, Maharashtra, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 9.75 M and a paid-up capital of Rs 9.75 M.

The company currently has active open charges totaling ₹7.02 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Nitant Kothari, Rahul Vora, and Prashant Nikam serve as directors at the Company.

Company Details

  • Location

    Baramati, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29242PN2014PTC150889

  • Company No.

    150889

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Engineering

Who are the key members and board of directors at Rack N Space Storage Solutions?

Board Members (3)

Name Designation Appointment Date Status
Nitant Kothari Country flag representing In Director 06-Mar-2014 Current
Rahul Vora Country flag representing In Director 14-Mar-2014 Current
Prashant Nikam Country flag representing In Director 06-Mar-2014 Current

Financial Performance of Rack N Space Storage Solutions.

Rack N Space Storage Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.95% decrease. The company also saw a substantial improvement in profitability, with a 187.61% increase in profit. The company's net worth Soared by an impressive increase of 204.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-13.95%
Revenue from Operations
-14.14%
Total Assets
15.96%
Profit or Loss
187.61%
Net Worth
204.70%
EBITDA
91.02%

What is the Ownership and Shareholding Structure of Rack N Space Storage Solutions?

In 2022, Rack N Space Storage Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.22 M

Satisfied Charges

₹2.00 M

Charges Breakdown by Lending Institutions

  • Others : 6.48 Cr
  • Axis Bank Limited : 0.55 Cr

Latest Charge Details

Date Lender Amount Status
15 Jan 2022 Axis Bank Limited ₹3.18 M Open
15 Jan 2022 Axis Bank Limited ₹2.28 M Open
29 Jun 2021 Others ₹8.70 M Open
27 Oct 2014 Others ₹5.61 Cr Open
07 Aug 2021 Others ₹2.00 M Satisfied

How Many Employees Work at Rack N Space Storage Solutions?

Rack N Space Storage Solutions has a workforce of 49 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rack N Space Storage Solutions, 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 Rack N Space Storage Solutions's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Rack N Space Storage Solutions

Recent activity within the organization

  • Annual General Meeting

    Rack N Space Storage Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Rack N Space Storage Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 07 Aug 2021 via Charge ID 100475404 with Others was fully satisfied on 04 Nov 2022.

    04 Nov 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.18 M with Charge ID 100528691 was registered on 15 Jan 2022.

    15 Jan 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.28 M with Charge ID 100528694 was registered on 15 Jan 2022.

    15 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100475404 was registered on 07 Aug 2021.

    07 Aug 2021

Frequently asked questions

  • Rack N Space Storage Solutions Private Limited was incorporated on 06 Mar 2014.

  • The authorized share capital of Rack N Space Storage Solutions Private Limited is ₹ 9.75 M and paid-up capital is ₹ 9.75 M.

  • Currently 3 directors are associated with Rack N Space Storage Solutions Private Limited.

    • Nitant Uday Kothari
    • Rahul Amogh Vora
    • Prashant Bajirao Nikam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rack N Space Storage Solutions Private Limited is Param Bunglow Near Khatri Gas Godown Shivaji Nagar Jalochi Baramati, Maharashtra, India, 413102.

  • The corporate identification number (CIN) of Rack N Space Storage Solutions Private Limited is U29242PN2014PTC150889 and the company number is 150889 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rack N Space Storage Solutions Private Limited has fallen by -13.95%.

  • As Per 2023 financial reports, 49 employees are currently employed by Rack N Space Storage Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rack N Space Storage Solutions Private Limited has experienced an upsurge of 204.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rack N Space Storage Solutions Private Limited amount to ₹ 7.02 Cr.

  • The most recent Balance Sheet for Rack N Space Storage Solutions Private Limited was filed with the ROC on 31 Mar 2023.