Radel Electronics Private Limited

This company manufactures and sells digital Indian musical instruments, exporting them worldwide.

1994 | Bangalore, Karnataka (India) | Active
Last Updated: July 06, 2024

Radel Electronics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.73 M
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -29.71%
  • Profit Growth -78.20%
  • Ebitda 157.32%
  • Net Worth 0.54%
  • Total Assets 3.77%

About Radel Electronics

Radel Electronics Private Limited (REPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 1994 and has a history of 30 years and ten months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 9.73 M.

The company has closed loans amounting to ₹5.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Radhika Rajnarayan and Gorur Rajnarayan serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33209KA1994PTC015451

  • Company No.

    015451

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1994

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Radel Electronics Private Limited offer?

Radel Electronics Private Limited offers a wide range of products and services, including Musical Equipment & Accessories, Indian Musical Instruments, Music Instruments, Garden & Landscaping Products, Garden Lighting, Drills, Grinders, Saws & Power Tools, Power Saw, Electronic Musical Instruments, Electronic Tabla, Electronic Tanpura.

Who are the key members and board of directors at Radel Electronics?

Board Members (2)

Name Designation Appointment Date Status
Radhika Rajnarayan Country flag representing In Director 31-Mar-1994 Current
Gorur Rajnarayan Country flag representing In Director 31-Mar-1994 Current

Financial Performance of Radel Electronics.

Radel Electronics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.71% decrease. The company also saw a substantial fall in profitability, with a 78.2% decrease in profit. The company's net worth moved up by a moderate rise of 0.54%.

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
-29.71%
Revenue from Operations
-12.40%
Total Assets
3.77%
Profit or Loss
-78.20%
Net Worth
0.54%
EBITDA
157.32%

What is the Ownership and Shareholding Structure of Radel Electronics?

In 2023, Radel Electronics had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
20 May 1996 State Bank Of India ₹2.50 M Satisfied
20 May 1996 State Bank Of India ₹2.50 M Satisfied

How Many Employees Work at Radel Electronics?

Radel Electronics has a workforce of 37 employees as of Apr 04, 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 Radel Electronics, 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 Radel Electronics'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 Radel Electronics

Recent activity within the organization

  • Annual General Meeting

    Radel Electronics Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Radel Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 20 May 1996 via Charge ID 90197028 with State Bank Of India was fully satisfied on 24 Jun 2019.

    24 Jun 2019

  • Charges

    A charge registered on 20 May 1996 via Charge ID 90200088 with State Bank Of India was fully satisfied on 24 Jun 2019.

    24 Jun 2019

  • Charges

    A charge with State Bank Of India of Rs. 0.25 Cr registered on 20 May 1996 with Charge ID 90197028 was modified on 07 Oct 2004.

    07 Oct 2004

  • Charges

    A charge with State Bank Of India of Rs. 0.25 Cr registered on 20 May 1996 with Charge ID 90200088 was modified on 07 Oct 2004.

    07 Oct 2004

Frequently asked questions

  • Radel Electronics Private Limited was incorporated on 31 Mar 1994.

  • The authorized share capital of Radel Electronics Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.73 M.

  • Currently 2 directors are associated with Radel Electronics Private Limited.

    • Radhika Rajnarayan
    • Gorur Rajnarayan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Radel Electronics Private Limited is No.74/D Keonics Electronic City Police Station Hosur Road, Bangalore, Karnataka, India, 560100.

  • The corporate identification number (CIN) of Radel Electronics Private Limited is U33209KA1994PTC015451 and the company number is 015451 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Radel Electronics Private Limited is https://www.radel.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Radel Electronics Private Limited has fallen by -29.71%.

  • As Per 2023 financial reports, 37 employees are currently employed by Radel Electronics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Radel Electronics Private Limited has experienced an upsurge of 0.54%.

  • The most recent Balance Sheet for Radel Electronics Private Limited was filed with the ROC on 31 Mar 2023.

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