Rainbow Spinners Profile
Key Indicators
- Authorised Capital ₹ 10.60 Cr
- Paid Up Capital ₹ 10.60 Cr
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 73.63 Cr
- Revenue Growth 11.39%
- Profit Growth 0.26%
- Ebitda 10.49%
- Net Worth 10.85%
- Total Assets -0.96%
About Rainbow Spinners
Rainbow Spinners Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 June 2006 and has a history of 18 years and eight months. Its registered office is in Pallipalayam, Tamil Nadu, India.
The Corporate was formerly known as Rainbow Spinners Limited. 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 10.60 Cr and a paid-up capital of Rs 10.60 Cr.
The company currently has active open charges totaling ₹73.63 Cr.
Muniappan Venkatachalam, Subramani Muthusamy, and Pongiannan Chinnusamy serve as directors at the Company.
Company Details
- Location
Pallipalayam, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ2006PTC012808
- Company No.
012808
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Jun 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Rainbow Spinners?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muniappan Venkatachalam  | Managing Director | 01-Jun-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subramani Muthusamy | Director | 01-Jun-2006 | Current |
| Pongiannan Chinnusamy | Director | 01-Jun-2006 | Current |
Financial Performance of Rainbow Spinners.
Rainbow Spinners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.39% increase. The company also saw a slight improvement in profitability, with a 0.26% increase in profit. The company's net worth Soared by an impressive increase of 10.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rainbow Spinners?
In 2023, Rainbow Spinners 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)
Venkatachalam Textiles (India) Private LimitedMuniappan Venkatachalam is a mutual person
- Vee Two Solar Power Energy Private Limited
Muniappan Venkatachalam is a mutual person
- Ve Square Solar Power Energy Private Limited
Muniappan Venkatachalam is a mutual person
- Venkatachalam Solar Energy Private Limited
Muniappan Venkatachalam is a mutual person
Charges (Loans)
₹73.63 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 71.63 Cr
- Idbi Bank Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2024 | Others | ₹10.00 Cr | Open |
| 29 Sep 2022 | Others | ₹1.75 M | Open |
| 29 Oct 2021 | Others | ₹1.73 M | Open |
| 29 Feb 2020 | Others | ₹34.61 Cr | Open |
| 07 Feb 2020 | Others | ₹0.60 M | Open |
How Many Employees Work at Rainbow Spinners?
Rainbow Spinners has a workforce of 86 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rainbow Spinners, 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 Spinners'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.