Raga Tex India Private Limited

Textile company specializing in home textiles manufacturing and exporting, with a focus on quality and sourcing.

2008 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Raga Tex India Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 17 Year, 16 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 16.21 Cr
  • Revenue Growth -9.53%
  • Profit Growth 47.59%
  • Ebitda 185.62%
  • Net Worth 17.07%
  • Total Assets 27.53%

About Raga Tex India

Raga Tex India Private Limited (RTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 January 2008 and has a history of 17 years. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Raga Textile India Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹16.21 Cr.

Vellalur Thirumagal and Kanagaraj Bharathi serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2008PTC014171

  • Company No.

    014171

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Goods

Who are the key members and board of directors at Raga Tex India?

Executive Team (1)

Name Designation Appointment Date Status
Vellalur Thirumagal Country flag representing In Managing Director 21-Jan-2008 Current

Board Members (1)

Name Designation Appointment Date Status
Kanagaraj Bharathi Country flag representing In Director 21-Jan-2008 Current

Financial Performance of Raga Tex India.

Raga Tex India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.53% decrease. The company also saw a substantial improvement in profitability, with a 47.59% increase in profit. The company's net worth Soared by an impressive increase of 17.07%.

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
-9.53%
Revenue from Operations
-10.64%
Total Assets
27.53%
Profit or Loss
47.59%
Net Worth
17.07%
EBITDA
185.62%

What is the Ownership and Shareholding Structure of Raga Tex India?

In 2023, Raga Tex India 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

₹16.21 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 16.21 Cr

Latest Charge Details

Date Lender Amount Status
28 Jun 2013 State Bank Of India ₹16.21 Cr Open

How Many Employees Work at Raga Tex India?

Raga Tex India has a workforce of 233 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raga Tex 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 Raga Tex 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 Raga Tex India

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 16.21 Cr registered on 28 Jun 2013 with Charge ID 10438046 was modified on 09 Feb 2024.

    09 Feb 2024

  • Annual General Meeting

    Raga Tex India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Raga Tex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 16.21 Cr with Charge ID 10438046 was registered on 28 Jun 2013.

    28 Jun 2013

  • Director Appointment

    Vellalur Arumugam Thirumagal was appointed as a Managing Director was appointed as a Managing Director on 21 Jan 2008 & has been associated with this company since 17 years 16 days .

    21 Jan 2008

  • Director Appointment

    Kanagaraj Bharathi was appointed as a Director was appointed as a Director on 21 Jan 2008 & has been associated with this company since 17 years 16 days .

    21 Jan 2008

Frequently asked questions

  • Raga Tex India Private Limited was incorporated on 21 Jan 2008.

  • The authorized share capital of Raga Tex India Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 2 directors are associated with Raga Tex India Private Limited.

    • Vellalur Arumugam Thirumagal
    • Kanagaraj Bharathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raga Tex India Private Limited is 7/172, Aandakkapalayam Vallanaipatty (Post) India, Coimbatore, Tamil Nadu, 641035.

  • The corporate identification number (CIN) of Raga Tex India Private Limited is U17111TZ2008PTC014171 and the company number is 014171 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Raga Tex India Private Limited has fallen by -9.53%.

  • As Per 2023 financial reports, 233 employees are currently employed by Raga Tex India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Raga Tex India Private Limited has experienced an upsurge of 17.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Raga Tex India Private Limited amount to ₹ 16.21 Cr.

  • The most recent Balance Sheet for Raga Tex India Private Limited was filed with the ROC on 31 Mar 2023.