Raideep Synthetics Private Limited

Textile manufacturing and distribution company specializing in various fabrics and yarns.

1998 | Punjab, Punjab (India) | Active
Last Updated: November 15, 2024

Raideep Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.49 M
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.59 Cr
  • Satisfied Charges ₹ 9.58 Cr
  • Revenue Growth %
  • Profit Growth 3207.44%
  • Ebitda -4.24%
  • Net Worth 4.16%
  • Total Assets 4.21%

About Raideep Synthetics

Raideep Synthetics Private Limited (RSPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 June 1998 and has a history of 26 years and seven months. Its registered office is in Punjab, Punjab.

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 7.50 M and a paid-up capital of Rs 6.49 M.

The company currently has active open charges totaling ₹19.59 Cr. The company has closed loans amounting to ₹9.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rai Sahib and Paramjit Bhalla serve as directors at the Company.

Company Details

  • Location
    Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115PB1998PTC021493

  • Company No.

    021493

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Raideep Synthetics?

Board Members (2)

Name Designation Appointment Date Status
Rai Sahib Country flag representing In Director 12-Jun-1998 Current
Paramjit Bhalla Country flag representing In Director 12-Jun-1998 Current

Financial Performance of Raideep Synthetics.

Raideep Synthetics Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 3207.44% increase in profit. The company's net worth moved up by a moderate rise of 4.16%.

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
Revenue from Operations
Total Assets
4.21%
Profit or Loss
3207.44%
Net Worth
4.16%
EBITDA
-4.24%

What is the Ownership and Shareholding Structure of Raideep Synthetics?

In 2023, Raideep Synthetics 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

₹195.94 M

Satisfied Charges

₹95.79 M

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 19.59 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2011 Punjab & Sind Bank ₹19.59 Cr Open
16 May 2008 Punjab & Sind Bank ₹1.46 M Satisfied
13 Sep 2007 Canara Bank ₹8.29 Cr Satisfied
01 Sep 2006 Canara Bank ₹0.90 M Satisfied
18 Apr 2006 Canara Bank ₹8.00 M Satisfied

How Many Employees Work at Raideep Synthetics?

Unlock and access historical data on people associated with Raideep Synthetics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raideep Synthetics, 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 Raideep Synthetics'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 Raideep Synthetics

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Raideep Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 16 May 2008 via Charge ID 10105879 with Punjab & Sind Bank was fully satisfied on 09 May 2017.

    09 May 2017

  • Charges

    A charge with Punjab & Sind Bank of Rs. 195.94 M registered on 25 Aug 2011 with Charge ID 10303981 was modified on 31 Mar 2012.

    31 Mar 2012

  • Charges

    A charge with Punjab & Sind Bank amounted to Rs. 195.94 M with Charge ID 10303981 was registered on 25 Aug 2011.

    25 Aug 2011

  • Charges

    A charge registered on 13 Sep 2007 via Charge ID 10069983 with Canara Bank was fully satisfied on 25 Jun 2008.

    25 Jun 2008

Frequently asked questions

  • Raideep Synthetics Private Limited was incorporated on 12 Jun 1998.

  • The authorized share capital of Raideep Synthetics Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.49 M.

  • Currently 2 directors are associated with Raideep Synthetics Private Limited.

    • Rai Sahib
    • Paramjit Bhalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raideep Synthetics Private Limited is 46 Industrial Area Aludhiana India, Punjab.

  • The corporate identification number (CIN) of Raideep Synthetics Private Limited is U17115PB1998PTC021493 and the company number is 021493 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Raideep Synthetics Private Limited has experienced an upsurge of 4.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Raideep Synthetics Private Limited amount to ₹ 19.59 Cr.

  • The most recent Balance Sheet for Raideep Synthetics Private Limited was filed with the ROC on 31 Mar 2023.