Rainbow Ink And Varnish Manufacturing Company Limited

Founded in 1951 and headquartered in Maharashtra, India.

1951 | Mumbai, Maharashtra (India) | Under Dissolution
Last Updated: January 15, 2025

Rainbow Ink And Varnish Manufacturing Company Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.64 M
  • Company Age 74 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 10.17 Cr
  • Revenue Growth -18.99%
  • Profit Growth 71.12%
  • Ebitda 64.57%
  • Net Worth -15.31%
  • Total Assets -15.70%

About Rainbow Ink And Varnish Manufacturing Company

Rainbow Ink And Varnish Manufacturing Company Limited (RIAVMCL) is Under Process Of Striking Off company established on 16 Jan 1951 with its office registered at Mumbai, Maharashtra, India and has been running since 74 Year, 16 Days with a paid up capital of 4.64 M. According to MCA records, 3 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24223MH1951PLC008367

  • Company No.

    008367

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 1951

  • Date of AGM

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Rainbow Ink And Varnish Manufacturing Company?

Board Members (3)

Name Designation Appointment Date Status
Akil Contractor Country flag representing In Director 10-Sep-2011 Current
Khozem Contractor Country flag representing In Director 21-Sep-2023 Current
Huned Contractor Country flag representing In Director 01-Feb-1993 Current

Financial Performance of Rainbow Ink And Varnish Manufacturing Company.

Rainbow Ink And Varnish Manufacturing Company Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 18.99% decrease. The company also saw a substantial improvement in profitability, with a 71.12% increase in profit. The company's net worth observed a substantial decline by a decrease of 15.31%.

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
-18.99%
Revenue from Operations
Total Assets
-15.70%
Profit or Loss
71.12%
Net Worth
-15.31%
EBITDA
64.57%

What is the Ownership and Shareholding Structure of Rainbow Ink And Varnish Manufacturing Company?

In 2020, Rainbow Ink And Varnish Manufacturing Company had a promoter holding of 6.67% and a public holding of 93.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹101.65 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.17 Cr

Latest Charge Details

Date Lender Amount Status
01 Nov 1993 State Bank Of India ₹6.45 Cr Satisfied
15 Apr 1989 State Bank Of India ₹2.45 Cr Satisfied
15 Apr 1989 State Bank Of India ₹1.20 M Satisfied
30 Sep 1987 State Bank Of India ₹1.20 M Satisfied
23 Jul 1986 State Bank Of India ₹0.70 M Satisfied

How Many Employees Work at Rainbow Ink And Varnish Manufacturing Company?

Unlock and access historical data on people associated with Rainbow Ink And Varnish Manufacturing Company, 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 Rainbow Ink And Varnish Manufacturing Company, 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 Ink And Varnish Manufacturing Company'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 Ink And Varnish Manufacturing Company

Recent activity within the organization

  • Annual General Meeting

    Rainbow Ink And Varnish Manufacturing Company Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

    10 Sep 2024

  • Balance Sheet

    Rainbow Ink And Varnish Manufacturing Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Khozem Shiraj Contractor was appointed as a Director was appointed as a Director on 21 Sep 2023 & has been associated with this company since 1 year 4 months .

    21 Sep 2023

  • Director Appointment

    Akil Abbas Contractor was appointed as a Director was appointed as a Director on 10 Sep 2011 & has been associated with this company since 13 years 4 months .

    10 Sep 2011

  • Charges

    A charge registered on 23 Dec 1971 via Charge ID 80047043 with State Bank Of India was fully satisfied on 26 Mar 2009.

    26 Mar 2009

  • Charges

    A charge registered on 01 Nov 1993 via Charge ID 80045845 with State Bank Of India was fully satisfied on 09 Jun 2008.

    09 Jun 2008

Frequently asked questions

  • Rainbow Ink And Varnish Manufacturing Company Limited was incorporated on 16 Jan 1951.

  • The authorized share capital of Rainbow Ink And Varnish Manufacturing Company Limited is ₹ 5.00 M and paid-up capital is ₹ 4.64 M.

  • Currently 3 directors are associated with Rainbow Ink And Varnish Manufacturing Company Limited.

    • Akil Abbas Contractor
    • Khozem Shiraj Contractor
    • Huned Hatim Contractor
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rainbow Ink And Varnish Manufacturing Company Limited is 308 Floor No:3 Malvani Bhaktidham C.S.R.Complex New Link Road Near Charkop Naka, Kandiva Li (West) India, Mumbai, Maharashtra, 400067.

  • The corporate identification number (CIN) of Rainbow Ink And Varnish Manufacturing Company Limited is U24223MH1951PLC008367 and the company number is 008367 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Rainbow Ink And Varnish Manufacturing Company Limited has fallen by -18.99%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Rainbow Ink And Varnish Manufacturing Company Limited has experienced an downturn of -15.31%.

  • The most recent Balance Sheet for Rainbow Ink And Varnish Manufacturing Company Limited was filed with the ROC on 31 Mar 2024.