Racon Bidding And Sourcing Private Limited

Founded in 2018 and headquartered in Tamil Nadu, India.

2018 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Racon Bidding And Sourcing Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 183.34%
  • Profit Growth 849.97%
  • Ebitda 560.43%
  • Net Worth 454.22%
  • Total Assets 849.36%

About Racon Bidding And Sourcing

Racon Bidding And Sourcing Private Limited (RBASPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 December 2018 (Six years and two months 15 days old ). Its registered office is in Kanchipuram, Tamil Nadu, India.

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 March 2021. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Neelakantapillai Ramaswamy and Geetha serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2018PTC126498

  • Company No.

    126498

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 2018

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Racon Bidding And Sourcing?

Board Members (2)

NameDesignationAppointment DateStatus
Neelakantapillai Ramaswamy Country flag representing In Director 21-Dec-2018Current
Geetha Country flag representing In Director 28-Jun-2021Current

Financial Performance of Racon Bidding And Sourcing.

Racon Bidding And Sourcing Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 183.34% increase. The company also saw a substantial improvement in profitability, with a 849.97% increase in profit. The company's net worth Soared by an impressive increase of 454.22%.

Racon Bidding And Sourcing revenue growth over time
Racon Bidding And Sourcing 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
183.34%
Revenue from Operations
183.25%
Total Assets
849.36%
Profit or Loss
849.97%
Net Worth
454.22%
EBITDA
560.43%

What is the Ownership and Shareholding Structure of Racon Bidding And Sourcing?

In 2021, Racon Bidding And Sourcing 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Racon Bidding And Sourcing?

Unlock and access historical data on people associated with Racon Bidding And Sourcing, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Racon Bidding And Sourcing Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Racon Bidding And Sourcing, 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 Racon Bidding And Sourcing'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 Racon Bidding And Sourcing

Recent activity within the organization

  • Annual General Meeting

    Racon Bidding And Sourcing Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Director Appointment

    Geetha was appointed as a Director was appointed as a Director on 28 Jun 2021 & has been associated with this company since 3 years 8 months .

  • Balance Sheet

    Racon Bidding And Sourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

  • Director Appointment

    Neelakantapillai Ramaswamy was appointed as a Director was appointed as a Director on 21 Dec 2018 & has been associated with this company since 6 years 2 months .

  • Company Incorporation

    Racon Bidding And Sourcing Private Limited was registered on 21 Dec 2018 with Roc Chennai & aged 6 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Racon Bidding And Sourcing Private Limited?

    Racon Bidding And Sourcing Private Limited was incorporated on 21 Dec 2018.

  • What is authorized share capital and paid-up capital of Racon Bidding And Sourcing Private Limited?

    The authorized share capital of Racon Bidding And Sourcing Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Racon Bidding And Sourcing Private Limited?

    Currently 2 directors are associated with Racon Bidding And Sourcing Private Limited.

    • Neelakantapillai Ramaswamy
    • Geetha
  • What is the registered address of Racon Bidding And Sourcing Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Racon Bidding And Sourcing Private Limited is Plot No.12 4A First Floor Maha Lakshmi Nagar 14Th Cross Street, India, Adambakkam Chennai, Tamil Nadu, 600088.

  • What is the corporate identification number (CIN) and company number of Racon Bidding And Sourcing Private Limited?

    The corporate identification number (CIN) of Racon Bidding And Sourcing Private Limited is U74999TN2018PTC126498 and the company number is 126498 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Racon Bidding And Sourcing Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Racon Bidding And Sourcing Private Limited has risen by 183.34%.

  • What change has been observed in the net worth of Racon Bidding And Sourcing Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Racon Bidding And Sourcing Private Limited has experienced an upsurge of 454.22%.

  • When was the last Balance Sheet of Racon Bidding And Sourcing Private Limited filed with the ROC?

    The most recent Balance Sheet for Racon Bidding And Sourcing Private Limited was filed with the ROC on 31 Mar 2021.

People also Viewed

Similar Companies Based on Electronic Appliances Retail & Distribution