Raenco Mills Private Limited

Manufactures and supplies bed and bath linen products for hospitality, luxury hotels, resorts, spas, and hospitals.

2012 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Raenco Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 12 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.74 Cr
  • Revenue Growth 108.75%
  • Profit Growth -25.02%
  • Ebitda -272.58%
  • Net Worth 1.57%
  • Total Assets 48.82%

About Raenco Mills

Raenco Mills Private Limited (RMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 2012 and has a history of 12 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹2.74 Cr.

Ravindran Bhuvana, Dinesh Ankitha, Rajagopal Ravindran, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    raencomills.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17100TZ2012PTC018395

  • Company No.

    018395

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Goods

What products or services does Raenco Mills Private Limited offer?

Raenco Mills Private Limited offers a wide range of products and services, including Towels, Napkins & Handkerchieves, Face and Hand Towels, Cushion & Cushion Covers, Pillows, PU Foam, Coir & Jute Mattresses, Mattress Accessories, Kitchen Towels and Kitchen Textiles, Kitchen Linens, Door Mats & Bath Mats, Floor Mats.

Who are the key members and board of directors at Raenco Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Dinesh Ankitha Country flag representing In Managing Director25-Sep-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Ravindran Bhuvana Country flag representing In Director 27-Jan-2024Current
Rajagopal Ravindran Country flag representing In Director 19-Jun-2012Current
Rajagopal Dinesh Country flag representing In Director 19-Jun-2012Current

Financial Performance of Raenco Mills.

Raenco Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 108.75% increase. The company also saw a substantial fall in profitability, with a 25.02% decrease in profit. The company's net worth moved up by a moderate rise of 1.57%.

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
108.75%
Revenue from Operations
105.46%
Total Assets
48.82%
Profit or Loss
-25.02%
Net Worth
1.57%
EBITDA
-272.58%

What is the Ownership and Shareholding Structure of Raenco Mills?

In 2020, Raenco Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.38 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.59 Cr
  • Hdfc Bank Limited : 0.10 Cr
  • Bank Of Maharashtra : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
24 Aug 2022Hdfc Bank Limited₹1.04 MOpen
27 Jun 2016State Bank Of India₹2.59 CrOpen
19 Mar 2015Bank Of Maharashtra₹0.44 MOpen

How Many Employees Work at Raenco Mills?

Raenco Mills has a workforce of 44 employees as of Mar 27, 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 Raenco Mills, 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 Raenco Mills'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 Raenco Mills

Recent activity within the organization

  • Annual General Meeting

    Raenco Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Raenco Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Ravindran Bhuvana was appointed as a Director was appointed as a Director on 27 Jan 2024 & has been associated with this company since 1 year 29 days .

    27 Jan 2024

  • Director Appointment

    Dinesh Ankitha was appointed as a Managing Director was appointed as a Managing Director on 25 Sep 2023 & has been associated with this company since 1 year 5 months .

    25 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.04 M with Charge ID 100655198 was registered on 24 Aug 2022.

    24 Aug 2022

  • Charges

    A charge with State Bank Of India of Rs. 25.90 M registered on 27 Jun 2016 with Charge ID 100088044 was modified on 25 Mar 2022.

    25 Mar 2022

Frequently asked questions

  • Raenco Mills Private Limited was incorporated on 19 Jun 2012.

  • The authorized share capital of Raenco Mills Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Raenco Mills Private Limited.

    • Ravindran Bhuvana
    • Dinesh Ankitha
    • Rajagopal Ravindran
    • Rajagopal Dinesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raenco Mills Private Limited is Shanthi Cottage Thondamuthur Main Road, Sugarcane Institute Post India, Coimbatore, Tamil Nadu, 641007.

  • The corporate identification number (CIN) of Raenco Mills Private Limited is U17100TZ2012PTC018395 and the company number is 018395 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raenco Mills Private Limited is https://www.raencomills.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Raenco Mills Private Limited has risen by 108.75%.

  • As Per 2022 financial reports, 44 employees are currently employed by Raenco Mills Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Raenco Mills Private Limited has experienced an upsurge of 1.57%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Raenco Mills Private Limited amount to ₹ 2.74 Cr.

  • The most recent Balance Sheet for Raenco Mills Private Limited was filed with the ROC on 31 Mar 2024.

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