Radiance Alloy & Electricals Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 5 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 19.34 Cr
- Satisfied Charges ₹ 10.00 Cr
- Revenue Growth 59.00%
- Profit Growth 59.36%
- Ebitda 64.15%
- Net Worth 54.18%
- Total Assets 30.31%
About Radiance Alloy & Electricals
Radiance Alloy & Electricals Private Limited (RAEPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 February 2019 (Five years and 11 months 12 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹19.34 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Reshma Duggad, Rajesh Duggad, and Varun Duggad serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U28999MH2019PTC322038
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Company No.
322038
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Feb 2019
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Radiance Alloy & Electricals Private Limited offer?
Radiance Alloy & Electricals Private Limited offers a wide range of products and services, including Electrical & Electronic Connectors, Power Connectors, Switches & Switch Boxes, Switch Parts, Metal Rivet, Copper Rivets, Nails, Fasteners, Rivets & Shackles, Industrial Rivets, Electrical Contact Assemblies, Bimetal Rivet.
Who are the key members and board of directors at Radiance Alloy & Electricals?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Duggad
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Director | 28-Feb-2019 | Current |
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Reshma Duggad
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Director | 28-Feb-2019 | Current |
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Varun Duggad
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Director | 28-Feb-2019 | Current |
Financial Performance of Radiance Alloy & Electricals.
Radiance Alloy & Electricals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59% increase. The company also saw a substantial improvement in profitability, with a 59.36% increase in profit. The company's net worth Soared by an impressive increase of 54.18%.
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What is the Ownership and Shareholding Structure of Radiance Alloy & Electricals?
In 2023, Radiance Alloy & Electricals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Shree Hasti Developers Private LimitedReshma Duggad, Rajesh Duggad and 1 more are mutual person
Charges (Loans)
₹19.34 Cr
₹10.00 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 19.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2022 | Bank Of India | ₹13.93 Cr | Open |
| 27 Aug 2021 | Bank Of India | ₹5.41 Cr | Open |
| 22 Mar 2021 | Others | ₹9.50 M | Satisfied |
| 22 Mar 2021 | Others | ₹9.50 M | Satisfied |
| 22 Mar 2021 | Others | ₹5.10 Cr | Satisfied |
How Many Employees Work at Radiance Alloy & Electricals?
Radiance Alloy & Electricals has a workforce of 18 employees as of Mar 30, 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 Radiance Alloy & Electricals, 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 Radiance Alloy & Electricals'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.