Radnik Knits Pvt Ltd

Manufacturer and exporter of cotton knit and woven garments since 1984.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated:

Radnik Knits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.79 M
  • Company Age 40 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 22.64 Cr
  • Satisfied Charges ₹ 4.09 Cr
  • Revenue Growth -49.57%
  • Profit Growth -88.77%
  • Ebitda 30.80%
  • Net Worth 0.25%
  • Total Assets 40.43%

About Radnik Knits

Radnik Knits Pvt Ltd (RKPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 December 1984 and has a history of 40 years and two months. Its registered office is in Mumbai, Maharashtra, 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 M and a paid-up capital of Rs 0.79 M.

The company currently has active open charges totaling ₹22.64 Cr. The company has closed loans amounting to ₹4.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prakash Karnani and Neha Karnani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U48101MH1984PTC034897

  • Company No.

    034897

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Radnik Knits Pvt Ltd

Explore comprehensive data for Radnik Knits Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Radnik Knits?

Board Members (2)

NameDesignationAppointment DateStatus
Prakash Karnani Country flag representing In Director 01-Jan-1993Current
Neha Karnani Country flag representing In Director 15-Sep-1999Current

Financial Performance of Radnik Knits.

Radnik Knits Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.57% decrease. The company also saw a substantial fall in profitability, with a 88.77% decrease in profit. The company's net worth moved up by a moderate rise of 0.25%.

Radnik Knits revenue growth over time
Radnik Knits 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
-49.57%
Revenue from Operations
-50.34%
Total Assets
40.43%
Profit or Loss
-88.77%
Net Worth
0.25%
EBITDA
30.80%

What is the Ownership and Shareholding Structure of Radnik Knits?

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

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹226.43 M

Satisfied Charges

₹40.87 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 19.60 Cr
  • Others : 1.82 Cr
  • Canara Bank : 1.22 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2022Others₹1.82 CrOpen
07 Jan 2003State Bank Of India₹6.00 MOpen
19 Jan 2000State Bank Of India₹4.50 CrOpen
19 Jan 2000State Bank Of India₹4.50 CrOpen
06 Nov 1998State Bank Of India₹9.50 CrOpen

How Many Employees Work at Radnik Knits?

Radnik Knits has a workforce of 0 employees as of Apr 08, 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.

Employee growth trends for Radnik Knits Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Radnik Knits, 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 Radnik Knits'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 Radnik Knits

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Radnik Knits Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 12 Nov 2020 via Charge ID 100391496 with Yes Bank Limited was fully satisfied on 24 Dec 2022.

  • Charges

    A charge with Others amounted to Rs. 18.20 M with Charge ID 100672100 was registered on 30 Nov 2022.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 14.77 M with Charge ID 100391496 was registered on 12 Nov 2020.

  • Charges

    A charge registered on 16 Apr 2019 via Charge ID 100260316 with Others was fully satisfied on 03 Nov 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Radnik Knits Pvt Ltd?

    Radnik Knits Pvt Ltd was incorporated on 22 Dec 1984.

  • What is authorized share capital and paid-up capital of Radnik Knits Pvt Ltd?

    The authorized share capital of Radnik Knits Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.79 M.

  • Who are the current board members & directors of Radnik Knits Pvt Ltd?

    Currently 2 directors are associated with Radnik Knits Pvt Ltd.

    • Prakash Govind Karnani
    • Neha Prakash Karnani
  • What is the registered address of Radnik Knits Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Radnik Knits Pvt Ltd is 303 Kewal Ind Estates B Marg Lower Parel India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Radnik Knits Pvt Ltd?

    The corporate identification number (CIN) of Radnik Knits Pvt Ltd is U48101MH1984PTC034897 and the company number is 034897 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Radnik Knits Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Radnik Knits Pvt Ltd has fallen by -49.57%.

  • What change has been observed in the net worth of Radnik Knits Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Radnik Knits Pvt Ltd has experienced an upsurge of 0.25%.

  • What are the total open charges for Radnik Knits Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Radnik Knits Pvt Ltd amount to ₹ 22.64 Cr.

  • When was the last Balance Sheet of Radnik Knits Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Radnik Knits Pvt Ltd was filed with the ROC on 31 Mar 2023.

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