Radiant Synthetics Pvt Ltd

Textile company specializing in yarn trading and cashew processing, offering a variety of elastic and ribbon products.

1989 | Surat, Gujarat (India) | Active
Last Updated: July 25, 2024

Radiant Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 35 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.64 M
  • Satisfied Charges ₹ 10.80 Cr
  • Revenue Growth -83.85%
  • Profit Growth -75.64%
  • Ebitda -63.29%
  • Net Worth 0.67%
  • Total Assets -15.47%

About Radiant Synthetics

Radiant Synthetics Pvt Ltd (RSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 October 1989 and has a history of 35 years and three months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Home & Lifestyle 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 4.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹2.64 M. The company has closed loans amounting to ₹10.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shrigopal Deora, Vinay Deora, and Sangeeta Bajaj serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1989PTC012937

  • Company No.

    012937

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle
Food and Beverages

What products or services does Radiant Synthetics Pvt Ltd offer?

Radiant Synthetics Pvt Ltd offers a wide range of products and services, including Motifs, Badges, Emblems & Lanyards, Ribbons, Home Decor Fabric, Cushion Fabric, Face Mask & Medical PPE Kits, Elastic Tapes, Apparel Fabrics & Clothing Textiles, Apparel & Clothing Fabric, Cotton Textile, Yarns & Threads.

Who are the key members and board of directors at Radiant Synthetics?

Board Members (3)

Name Designation Appointment Date Status
Shrigopal Deora Country flag representing In Director 29-May-2000 Current
Vinay Deora Country flag representing In Director 29-May-2000 Current
Sangeeta Bajaj Country flag representing In Director 02-Dec-2016 Current

Financial Performance of Radiant Synthetics.

Radiant Synthetics Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 83.85% decrease. The company also saw a substantial fall in profitability, with a 75.64% decrease in profit. The company's net worth moved up by a moderate rise of 0.67%.

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
-83.85%
Revenue from Operations
-86.76%
Total Assets
-15.47%
Profit or Loss
-75.64%
Net Worth
0.67%
EBITDA
-63.29%

What is the Ownership and Shareholding Structure of Radiant Synthetics?

In 2023, Radiant Synthetics had a promoter holding of 68.36% and a public holding of 31.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.64 M

Satisfied Charges

₹107.96 M

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 0.26 Cr

Latest Charge Details

Date Lender Amount Status
07 Jun 2017 The South Indian Bank Limited ₹2.23 M Open
02 Jun 2017 The South Indian Bank Limited ₹0.41 M Open
10 Oct 2018 Others ₹4.19 Cr Satisfied
29 Sep 2018 Others ₹1.00 Cr Satisfied
29 Sep 2018 Others ₹2.00 Cr Satisfied

How Many Employees Work at Radiant Synthetics?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Radiant Synthetics, 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 Radiant Synthetics'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 Radiant Synthetics

Recent activity within the organization

  • Annual General Meeting

    Radiant Synthetics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Radiant Synthetics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 10 Oct 2018 via Charge ID 100213493 with Others was fully satisfied on 04 Mar 2023.

    04 Mar 2023

  • Charges

    A charge registered on 29 Sep 2018 via Charge ID 100212017 with Others was fully satisfied on 04 Mar 2023.

    04 Mar 2023

  • Charges

    A charge registered on 29 Sep 2018 via Charge ID 100212018 with Others was fully satisfied on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge registered on 29 Sep 2018 via Charge ID 100212019 with Others was fully satisfied on 28 Feb 2023.

    28 Feb 2023

Frequently asked questions

  • Radiant Synthetics Pvt Ltd was incorporated on 25 Oct 1989.

  • The authorized share capital of Radiant Synthetics Pvt Ltd is ₹ 4.00 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Radiant Synthetics Pvt Ltd.

    • Shrigopal Ramkumar Deora
    • Vinay Deora
    • Sangeeta Bajaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Radiant Synthetics Pvt Ltd is 602 Jeevan Deep Complexopp- J K Tower Ring Road, Surat, Gujarat, India.

  • The corporate identification number (CIN) of Radiant Synthetics Pvt Ltd is U17110GJ1989PTC012937 and the company number is 012937 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Radiant Synthetics Pvt Ltd has fallen by -83.85%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Radiant Synthetics Pvt Ltd has experienced an upsurge of 0.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Radiant Synthetics Pvt Ltd amount to ₹ 2.64 M.

  • The most recent Balance Sheet for Radiant Synthetics Pvt Ltd was filed with the ROC on 31 Mar 2023.