Rainbow Foundations Limited

A real estate development company in Tamil Nadu, building flats, commercial complexes, and resorts.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Rainbow Foundations Profile

Key Indicators

  • Authorised Capital ₹ 110.00 Cr
  • Paid Up Capital ₹ 49.62 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 461.57 Cr
  • Satisfied Charges ₹ 186.75 Cr
  • Revenue Growth 15.20%
  • Profit Growth 350.59%
  • Ebitda 147.53%
  • Net Worth 260.58%
  • Total Assets 53.38%

About Rainbow Foundations

Rainbow Foundations Limited (RFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 June 1994 and has a history of 30 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531694.

The Corporate was formerly known as Rainbow Holiday Resorts International Limited. The Company is engaged in the Real Estate And Construction 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 110.00 Cr and a paid-up capital of Rs 49.62 Cr.

The company currently has active open charges totaling ₹461.57 Cr. The company has closed loans amounting to ₹186.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rainbow Foundations Limited India are Nitesh Jain as CFO and Ikkapadath Mohammadali as Company Secretary. Gajraj Jain, Pushpala Manjith, Navin Jain, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L55101TN1994PLC027739

  • Company No.

    027739

  • Stock Symbol

    BSE : 531694

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction
Company report

Rainbow Foundations Limited

Explore comprehensive data for Rainbow Foundations Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Rainbow Foundations?

Executive Team (4)

NameDesignationAppointment DateStatus
Gajraj Jain Country flag representing In Managing Director07-Jun-1994Current
Anop Jain Country flag representing In Managing Director07-Jun-1994Current
Nitesh Jain Country flag representing In CFO30-May-2016Current
Ikkapadath Mohammadali Company Secretary01-Nov-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Pushpala Manjith Country flag representing In Director 13-Aug-2019Current
Navin Jain Country flag representing In Director 30-Jun-2020Current
Rikin Gandhi Country flag representing In Director 30-Sep-2024Current
Maithri Jayakkar Country flag representing In Director 14-Feb-2019Current

Financial Performance of Rainbow Foundations.

Rainbow Foundations Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.2% increase. The company also saw a substantial improvement in profitability, with a 350.59% increase in profit. The company's net worth Soared by an impressive increase of 260.58%.

Rainbow Foundations revenue growth over time
Rainbow Foundations 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
15.20%
Revenue from Operations
11.72%
Total Assets
53.38%
Profit or Loss
350.59%
Net Worth
260.58%
EBITDA
147.53%

What is the Ownership and Shareholding Structure of Rainbow Foundations?

In 2022, Rainbow Foundations had a promoter holding of 33.93% and a public holding of 66.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹461.57 Cr

Satisfied Charges

₹186.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 285.10 Cr
  • Tata Capital Housing Finance Limited : 165.00 Cr
  • Axis Bank Limited : 11.47 Cr

Latest Charge Details

DateLenderAmountStatus
24 Feb 2025Others₹70.00 CrOpen
30 Sep 2024Others₹6.50 CrOpen
25 Jul 2024Tata Capital Housing Finance Limited₹50.00 CrOpen
28 Jul 2023Others₹62.50 CrOpen
28 Jul 2023Others₹62.50 CrOpen

How Many Employees Work at Rainbow Foundations?

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

Employee growth trends for Rainbow Foundations Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rainbow Foundations, 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 Rainbow Foundations'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 Rainbow Foundations

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 70.00 Cr with Charge ID 101056148 was registered on 24 Feb 2025.

  • Charges

    A charge with Others amounted to Rs. 6.50 Cr with Charge ID 101010281 was registered on 30 Sep 2024.

  • Annual General Meeting

    Rainbow Foundations Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Rikin Dilip Gandhi was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 6 months 14 days .

  • Charges

    A charge with Tata Capital Housing Finance Limited amounted to Rs. 50.00 Cr with Charge ID 100965874 was registered on 25 Jul 2024.

  • Balance Sheet

    Rainbow Foundations Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

Frequently asked questions

  • What is the Incorporation or founding date of Rainbow Foundations Limited?

    Rainbow Foundations Limited was incorporated on 07 Jun 1994.

  • What is authorized share capital and paid-up capital of Rainbow Foundations Limited?

    The authorized share capital of Rainbow Foundations Limited is ₹ 110.00 Cr and paid-up capital is ₹ 49.62 Cr.

  • Who are the current board members & directors of Rainbow Foundations Limited?

    Currently 8 directors are associated with Rainbow Foundations Limited.

    • Gajraj Jain
    • Pushpala Motiram Manjith
    • Navin Jain
    • Anop Chand Jain
    • Rikin Dilip Gandhi
    • Maithri Jayakkar
    • Nitesh Jain
    • Ikkapadath Bilal Mohammadali

  • What is the registered address of Rainbow Foundations Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rainbow Foundations Limited is No. 4 Thanikachalam Road T. Nagar, India, Chennai, Tamil Nadu, 600017.

  • What is the corporate identification number (CIN) and company number of Rainbow Foundations Limited?

    The corporate identification number (CIN) of Rainbow Foundations Limited is L55101TN1994PLC027739 and the company number is 027739 as per Ministry of Corporate Affairs (MCA).

  • Is Rainbow Foundations Limited registered with any stock exchange in India?

    Yes, Rainbow Foundations Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Rainbow Foundations Limited?

    The Official website of Rainbow Foundations Limited is https://www.rainbowfoundations.in

  • What has been the recent revenue trend for Rainbow Foundations Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rainbow Foundations Limited has risen by 15.20%.

  • What change has been observed in the net worth of Rainbow Foundations Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rainbow Foundations Limited has experienced an upsurge of 260.58%.

  • What are the total open charges for Rainbow Foundations Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rainbow Foundations Limited amount to ₹ 461.57 Cr.

  • When was the last Balance Sheet of Rainbow Foundations Limited filed with the ROC?

    The most recent Balance Sheet for Rainbow Foundations Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Real Estate Builders & Developers