Rainbow Springs Private Limited

Manufacturer of springs and spring machines for various industries, with ISO certification and notable clients.

2004 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Rainbow Springs Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.86 Cr
  • Satisfied Charges ₹ 2.68 Cr
  • Revenue Growth 48.92%
  • Profit Growth 248.40%
  • Ebitda 56.27%
  • Net Worth 26.55%
  • Total Assets 6.79%

About Rainbow Springs

Rainbow Springs Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 2004 and has a history of 20 years and ten months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Automotive 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹4.86 Cr. The company has closed loans amounting to ₹2.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Balasubramanian Devar and Kamalakannan Desigamani serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U28999TN2004PTC052919

  • Company No.

    052919

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

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

Board Members (2)

Name Designation Appointment Date Status
Balasubramanian Devar Country flag representing In Director 07-Apr-2004 Current
Kamalakannan Desigamani Country flag representing In Director 07-Apr-2004 Current

Financial Performance of Rainbow Springs.

Rainbow Springs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.92% increase. The company also saw a substantial improvement in profitability, with a 248.4% increase in profit. The company's net worth Soared by an impressive increase of 26.55%.

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
48.92%
Revenue from Operations
48.99%
Total Assets
6.79%
Profit or Loss
248.40%
Net Worth
26.55%
EBITDA
56.27%

What is the Ownership and Shareholding Structure of Rainbow Springs?

Unlock access to Rainbow Springs's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹48.60 M

Satisfied Charges

₹26.80 M

Charges Breakdown by Lending Institutions

  • Others : 4.86 Cr

Latest Charge Details

Date Lender Amount Status
18 Oct 2023 Others ₹1.00 Cr Open
30 Sep 2023 Others ₹5.00 M Open
28 Jun 2023 Others ₹6.00 M Open
28 Jun 2023 Others ₹3.00 M Open
28 Jun 2023 Others ₹1.80 Cr Open

How Many Employees Work at Rainbow Springs?

Rainbow Springs has a workforce of 65 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 18.00 M registered on 28 Jun 2023 with Charge ID 100735278 was modified on 13 Aug 2024.

    13 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 23 Mar 2015 via Charge ID 10567044 with The Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 19 Oct 2023.

    19 Oct 2023

  • Charges

    A charge registered on 17 Mar 2014 via Charge ID 10483993 with Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 19 Oct 2023.

    19 Oct 2023

  • Charges

    A charge registered on 18 Apr 2013 via Charge ID 10420515 with Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 19 Oct 2023.

    19 Oct 2023

Frequently asked questions

  • Rainbow Springs Private Limited was incorporated on 07 Apr 2004.

  • The authorized share capital of Rainbow Springs Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Rainbow Springs Private Limited.

    • Balasubramanian Sevendhiya Devar
    • Kamalakannan Desigamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rainbow Springs Private Limited is No 3 C Jeevarathinam 2Nd Street K.S.R Nagar (Near Dunlop) Ambattur India, Chennai, Tamil Nadu, 600053.

  • The corporate identification number (CIN) of Rainbow Springs Private Limited is U28999TN2004PTC052919 and the company number is 052919 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rainbow Springs Private Limited is https://www.rainbowspringschennai.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rainbow Springs Private Limited has risen by 48.92%.

  • As Per 2023 financial reports, 65 employees are currently employed by Rainbow Springs Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rainbow Springs Private Limited has experienced an upsurge of 26.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rainbow Springs Private Limited amount to ₹ 4.86 Cr.

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