Raichand And Sons (Electricals) Private Limited
Founded in 1989 and headquartered in Maharashtra, India.
1989 | Mumbai, Maharashtra (India) | Active
Raichand And Sons (Electricals) Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 36 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 3.14 Cr
- Revenue Growth 28.25%
- Profit Growth -80.83%
- Ebitda 7.62%
- Net Worth 2.27%
- Total Assets 10.38%
About Raichand And Sons (Electricals)
Raichand And Sons (Electricals) Private Limited (RASEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 1989 and has a history of 36 years and two months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company has closed loans amounting to ₹3.14 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Suketu Sanghvi, Jagat Sanghvi, Paresh Sanghvi, and Three other members 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
U31100MH1989PTC050237
- Company No.
050237
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jan 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
Who are the key members and board of directors at Raichand And Sons (Electricals)?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suketu Sanghvi  | Whole-Time Director | 03-Jan-1989 | Current |
| Jagat Sanghvi | Whole-Time Director | 03-Jan-1989 | Current |
| Paresh Sanghvi | Whole-Time Director | 03-Jan-1989 | Current |
| Tarulata Sanghvi | Director | 01-Apr-2007 | Current |
| Pratibha Sanghvi | Director | 01-Apr-2007 | Current |
| Ila Sanghvi | Director | 01-Apr-2007 | Current |
Financial Performance of Raichand And Sons (Electricals).
Raichand And Sons (Electricals) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.25% increase. The company also saw a substantial fall in profitability, with a 80.83% decrease in profit. The company's net worth moved up by a moderate rise of 2.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Raichand And Sons (Electricals)?
In 2023, Raichand And Sons (Electricals) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Shree Andheri Ghoghari Jain Foundation
Jagat Sanghvi is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹3.14 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.80 Cr
- Bank Of India : 1.30 Cr
- Union Bank Of India : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2013 | Hdfc Bank Limited | ₹1.80 Cr | Satisfied |
| 13 Oct 2006 | Bank Of India | ₹1.30 Cr | Satisfied |
| 20 Oct 1989 | Union Bank Of India | ₹0.40 M | Satisfied |
How Many Employees Work at Raichand And Sons (Electricals)?
Unlock and access historical data on people associated with Raichand And Sons (Electricals), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Raichand And Sons (Electricals), 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 Raichand And Sons (Electricals)'s trajectory.
Rating
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
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 Raichand And Sons (Electricals)
Recent activity within the organization
- Annual General Meeting
Raichand And Sons (Electricals) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Raichand And Sons (Electricals) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 12 Apr 2013 via Charge ID 10419775 with Hdfc Bank Limited was fully satisfied on 27 Apr 2017.
- Charges
A charge registered on 13 Oct 2006 via Charge ID 10026344 with Bank Of India was fully satisfied on 10 May 2013.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.80 Cr with Charge ID 10419775 was registered on 12 Apr 2013.
- Charges
A charge with Bank Of India of Rs. 1.30 Cr registered on 13 Oct 2006 with Charge ID 10026344 was modified on 30 Jul 2011.
Frequently asked questions
What is the Incorporation or founding date of Raichand And Sons (Electricals) Private Limited?
Raichand And Sons (Electricals) Private Limited was incorporated on 03 Jan 1989.
What is authorized share capital and paid-up capital of Raichand And Sons (Electricals) Private Limited?
The authorized share capital of Raichand And Sons (Electricals) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Raichand And Sons (Electricals) Private Limited?
Currently 6 directors are associated with Raichand And Sons (Electricals) Private Limited.
- Suketu Manubhai Sanghvi
- Jagat Manubhai Sanghvi
- Paresh Manubhai Sanghvi
- Tarulata Jagat Sanghvi
- Pratibha Paresh Sanghvi
- Ila Suketu Sanghvi
What is the registered address of Raichand And Sons (Electricals) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Raichand And Sons (Electricals) Private Limited is 7 Damji Shanji Indl Complexoff Kahakali Caves Road Andheri East India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Raichand And Sons (Electricals) Private Limited?
The corporate identification number (CIN) of Raichand And Sons (Electricals) Private Limited is U31100MH1989PTC050237 and the company number is 050237 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Raichand And Sons (Electricals) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Raichand And Sons (Electricals) Private Limited has risen by 28.25%.
What change has been observed in the net worth of Raichand And Sons (Electricals) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Raichand And Sons (Electricals) Private Limited has experienced an upsurge of 2.27%.
When was the last Balance Sheet of Raichand And Sons (Electricals) Private Limited filed with the ROC?
The most recent Balance Sheet for Raichand And Sons (Electricals) Private Limited was filed with the ROC on 31 Mar 2024.