Racold Thermo Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 26.21 Cr
- Company Age 20 Year, 4 Months
- Last Filing with ROC 31 Dec 2023
- Open Charges ₹ 5.10 Cr
- Satisfied Charges ₹ 0.86 M
- Revenue Growth -15.74%
- Profit Growth -19.42%
- Ebitda -12.67%
- Net Worth -0.71%
- Total Assets -1.64%
About Racold Thermo
Racold Thermo Private Limited (RTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 November 2004 and has a history of 20 years and four months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Merloni Termosanitari Ssp Limited. The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 December 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 26.21 Cr.
The company currently has active open charges totaling ₹5.10 Cr. The company has closed loans amounting to ₹0.86 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Racold Thermo Private Limited India is Aryushi Agrawal as COMPANY SECRETARY. Gautam Karkal, Marcella Zacchei, and Paolo Cancellieri serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909PN2004PTC019938
- Company No.
019938
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Nov 2004
- Date of AGM
14 May 2024
- Date of Balance Sheet
31 Dec 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Consumer Electronics & Durables
What products or services does Racold Thermo Private Limited offer?
Racold Thermo Private Limited offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Industrial Heaters.
Who are the key members and board of directors at Racold Thermo?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aryushi Agrawal | Company Secretary | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gautam Karkal  | Director | 31-May-2019 | Current |
Marcella Zacchei  | Director | 26-May-2015 | Current |
| Paolo Cancellieri | Director | 07-May-2012 | Current |
Financial Performance of Racold Thermo.
Racold Thermo Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.74% decrease. The company also saw a substantial fall in profitability, with a 19.42% decrease in profit. The company's net worth dipped by a decrease of 0.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Racold Thermo?
In 2022, Racold Thermo had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹5.10 Cr
Satisfied Charges
₹0.09 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.35 Cr
- Bank Of Maharashtra : 0.70 Cr
- Canara Bank : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Apr 2000 | State Bank Of India | ₹4.35 Cr | Open |
| 11 Apr 1996 | Bank Of Maharashtra | ₹2.50 M | Open |
| 11 Apr 1996 | Bank Of Maharashtra | ₹3.00 M | Open |
| 18 Jul 1995 | Bank Of Maharashtra | ₹1.50 M | Open |
| 13 Oct 1994 | Canara Bank | ₹0.50 M | Open |
How Many Employees Work at Racold Thermo?
Racold Thermo has a workforce of 1 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Racold Thermo, 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 Racold Thermo'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 Racold Thermo
Recent activity within the organization
- Annual General Meeting
Racold Thermo Private Limited last Annual general meeting of members was held on 14 May 2024 as per latest MCA records.
- Balance Sheet
Racold Thermo Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Pune.
- Charges
A charge registered on 24 Sep 2014 via Charge ID 10529243 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 26 Dec 2022.
- Charges
A charge registered on 01 Aug 2018 via Charge ID 100194951 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 18 Feb 2020.
- Director Appointment
Gautam Gopalkrishna Karkal was appointed as a Director was appointed as a Director on 31 May 2019 & has been associated with this company since 5 years 9 months .
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.03 Cr with Charge ID 100194951 was registered on 01 Aug 2018.
Recent News, Updates & Announcement
- Racold in expansion mode, to tie up with Flipkart.
India Business News: Kolkata, Dec 1 () Racold Thermo, part of the Italian firm Ariston Thermo Group, is expanding its footprint to mini-metros, tier II and III towns to of.
Frequently asked questions
What is the Incorporation or founding date of Racold Thermo Private Limited?
Racold Thermo Private Limited was incorporated on 11 Nov 2004.
What is authorized share capital and paid-up capital of Racold Thermo Private Limited?
The authorized share capital of Racold Thermo Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 26.21 Cr.
Who are the current board members & directors of Racold Thermo Private Limited?
Currently 4 directors are associated with Racold Thermo Private Limited.
- Gautam Gopalkrishna Karkal
- Aryushi Agrawal
- Marcella Zacchei
- Paolo Cancellieri
What is the registered address of Racold Thermo Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Racold Thermo Private Limited is Gat No 265/374/376Kharabwadi, Chakan Taluka -Khed India, Pune, Maharashtra, 410501.
What is the corporate identification number (CIN) and company number of Racold Thermo Private Limited?
The corporate identification number (CIN) of Racold Thermo Private Limited is U31909PN2004PTC019938 and the company number is 019938 as per Ministry of Corporate Affairs (MCA).
What is the official website of Racold Thermo Private Limited?
The Official website of Racold Thermo Private Limited is https://www.racold.com
What has been the recent revenue trend for Racold Thermo Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Racold Thermo Private Limited has fallen by -15.74%.
How many employees does Racold Thermo Private Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Racold Thermo Private Limited.
What change has been observed in the net worth of Racold Thermo Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Racold Thermo Private Limited has experienced an downturn of -0.71%.
What are the total open charges for Racold Thermo Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Racold Thermo Private Limited amount to ₹ 5.10 Cr.
When was the last Balance Sheet of Racold Thermo Private Limited filed with the ROC?
The most recent Balance Sheet for Racold Thermo Private Limited was filed with the ROC on 31 Dec 2023.
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