Racold Thermo Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 26.21 Cr
- Company Age 20 Year, 3 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 three months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Racold Thermo 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. Paolo Cancellieri, Marcella Zacchei, Umberto Crovella, and One other member 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 (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gautam Karkal  | Director | 31-May-2019 | Current |
Paolo Cancellieri  | Director | 07-May-2012 | Current |
| Marcella Zacchei | Director | 18-Aug-2014 | Current |
| Umberto Crovella | Director | 31-May-2021 | 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.
