Radix Industries (India) Limited

Founded in 1993 and headquartered in Andhra Pradesh, India.

1993 | Godavari, Andhra Pradesh (India) | Active
Last Updated: November 16, 2024

Radix Industries (India) Profile

Key Indicators

  • Authorised Capital ₹ 27.00 Cr
  • Paid Up Capital ₹ 15.01 Cr
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.85 Cr
  • Satisfied Charges ₹ 2.10 Cr
  • Revenue Growth 3.35%
  • Profit Growth 1.39%
  • Ebitda -2.64%
  • Net Worth 0.15%
  • Total Assets -23.12%

About Radix Industries (India)

Radix Industries (India) Limited (RIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 December 1993 and has a history of 31 years and one month. Its registered office is in Godavari, Andhra Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531412.

The Corporate was formerly known as Ragsan Petrochem Ltd. The Company is engaged in the Musical Instruments 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 27.00 Cr and a paid-up capital of Rs 15.01 Cr.

The company currently has active open charges totaling ₹12.85 Cr. The company has closed loans amounting to ₹2.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Radix Industries (India) Limited India are Ganapathy Raju as CFO and Lenin Poppoppu as Company Secretary.

Company Details

  • Location

    Godavari, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L37200AP1993PLC016785

  • Company No.

    016785

  • Stock Symbol

    BSE : 531412

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 1993

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Vijayawada

Industry

Musical Instruments

Who are the key members and board of directors at Radix Industries (India)?

Executive Team (3)

Name Designation Appointment Date Status
Lenin Poppoppu Country flag representing In Company Secretary 11-Feb-2016 Current
Raghu Gokaraju Country flag representing In Managing Director 14-Feb-2011 Current
Ganapathy Raju Country flag representing In CFO 31-Mar-2015 Current

Board Members (5)

Name Designation Appointment Date Status
Parvathi Gokaraju Country flag representing In Director 18-Feb-2011 Current
Ganapati Gokaraju Country flag representing In Director and Cfo 14-Feb-2011 Current
Rama Gamini Country flag representing In Director 20-Sep-2024 Current
Siddhardha Kathari Country flag representing In Director 30-Oct-2014 Current
Sivarama Surapaneni Country flag representing In Director 14-Feb-2017 Current

Financial Performance of Radix Industries (India).

Radix Industries (India) Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.35% increase. The company also saw a slight improvement in profitability, with a 1.39% increase in profit. The company's net worth moved up by a moderate rise of 0.15%.

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
3.35%
Revenue from Operations
3.34%
Total Assets
-23.12%
Profit or Loss
1.39%
Net Worth
0.15%
EBITDA
-2.64%

What is the Ownership and Shareholding Structure of Radix Industries (India)?

In 2022, Radix Industries (India) had a promoter holding of 74.96% and a public holding of 25.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.85 Cr

Satisfied Charges

₹2.10 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 12.42 Cr
  • F. F. S. Ltd : 0.43 Cr

Latest Charge Details

Date Lender Amount Status
13 Aug 2012 State Bank Of India ₹12.42 Cr Open
20 Jun 1996 F. F. S. Ltd ₹4.30 M Open
17 Apr 1998 Pruthvi Securities Ltd ₹1.10 M Satisfied
17 Sep 1996 Pruthvi Securities Ltd ₹4.50 M Satisfied
27 Jul 1996 Madhupala Credit Capitals Ltd ₹1.14 Cr Satisfied

How Many Employees Work at Radix Industries (India)?

Radix Industries (India) has a workforce of 12 employees as of Mar 23, 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 Radix Industries (India), 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 Radix Industries (India)'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 Radix Industries (India)

Recent activity within the organization

  • Director Appointment

    Rama Lakshmi Narayana Rao Gamini was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 4 months 13 days .

    20 Sep 2024

  • Annual General Meeting

    Radix Industries (India) Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Radix Industries (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 12.42 Cr registered on 13 Aug 2012 with Charge ID 10374222 was modified on 29 Nov 2021.

    29 Nov 2021

  • Director Appointment

    Sivarama Prasad Surapaneni was appointed as a Director was appointed as a Director on 14 Feb 2017 & has been associated with this company since 7 years 11 months .

    14 Feb 2017

  • Director Appointment

    Siddhardha Kathari was appointed as a Director was appointed as a Director on 30 Oct 2014 & has been associated with this company since 10 years 3 months .

    30 Oct 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Radix Industries (India) Limited was incorporated on 23 Dec 1993.

  • The authorized share capital of Radix Industries (India) Limited is ₹ 27.00 Cr and paid-up capital is ₹ 15.01 Cr.

  • Currently 8 directors are associated with Radix Industries (India) Limited.

    • Raghu Rama Raju Gokaraju
    • Parvathi Gokaraju
    • Ganapati Rama Prabhakara Raju Gokaraju
    • Rama Lakshmi Narayana Rao Gamini
    • Siddhardha Kathari
    • Sivarama Prasad Surapaneni
    • Ganapathy Rama Prabhakara Raju
    • Lenin Babu Poppoppu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Radix Industries (India) Limited is Door No. 4-243 Chivatam, Near Nh-5 Road India, Tanuku, Andhra Pradesh, 534211.

  • The corporate identification number (CIN) of Radix Industries (India) Limited is L37200AP1993PLC016785 and the company number is 016785 as per Ministry of Corporate Affairs (MCA).

  • Yes, Radix Industries (India) Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Radix Industries (India) Limited is https://www.radixindustries.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Radix Industries (India) Limited has risen by 3.35%.

  • As Per 2023 financial reports, 12 employees are currently employed by Radix Industries (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Radix Industries (India) Limited has experienced an upsurge of 0.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Radix Industries (India) Limited amount to ₹ 12.85 Cr.

  • The most recent Balance Sheet for Radix Industries (India) Limited was filed with the ROC on 31 Mar 2023.

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