Raineo Ventures Private Limited

Founded in 2021 and headquartered in Karnataka, India.

2021 | Bangalore, Karnataka (India) | Active
Last Updated: October 26, 2024

Raineo Ventures Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 3 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.70 Cr
  • Revenue Growth %
  • Profit Growth -494.80%
  • Ebitda -399.10%
  • Net Worth -74.11%
  • Total Assets 1129.60%

About Raineo Ventures

Raineo Ventures Private Limited (RVPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 May 2021 (Three years and nine months 0 days old ). Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Travel And Hospitality 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 1.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.70 Cr.

Sanjay Rai and Akshatha Rai serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55209KA2021PTC147091

  • Company No.

    147091

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 May 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

Who are the key members and board of directors at Raineo Ventures?

Board Members (2)

Name Designation Appointment Date Status
Sanjay Rai Country flag representing In Director 03-May-2021 Current
Akshatha Rai Country flag representing In Director 03-May-2021 Current

Financial Performance of Raineo Ventures.

Raineo Ventures Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 494.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 74.11%.

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
1129.60%
Profit or Loss
-494.80%
Net Worth
-74.11%
EBITDA
-399.10%

What is the Ownership and Shareholding Structure of Raineo Ventures?

Unlock access to Raineo Ventures'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

₹27.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 2.70 Cr

Latest Charge Details

Date Lender Amount Status
09 May 2023 Idbi Bank Limited ₹2.70 Cr Open

How Many Employees Work at Raineo Ventures?

Unlock and access historical data on people associated with Raineo Ventures, 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 Raineo Ventures, 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 Raineo Ventures'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 Raineo Ventures

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Idbi Bank Limited of Rs. 27.00 M registered on 09 May 2023 with Charge ID 100717661 was modified on 22 Sep 2023.

    22 Sep 2023

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 27.00 M with Charge ID 100717661 was registered on 09 May 2023.

    09 May 2023

  • Balance Sheet

    Raineo Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Sanjay Sudhakar Rai was appointed as a Director was appointed as a Director on 03 May 2021 & has been associated with this company since 3 years 9 months .

    03 May 2021

  • Director Appointment

    Akshatha Rai was appointed as a Director was appointed as a Director on 03 May 2021 & has been associated with this company since 3 years 9 months .

    03 May 2021

Frequently asked questions

  • Raineo Ventures Private Limited was incorporated on 03 May 2021.

  • The authorized share capital of Raineo Ventures Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Raineo Ventures Private Limited.

    • Sanjay Sudhakar Rai
    • Akshatha Rai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raineo Ventures Private Limited is No 41 2Nd Cross, Mekhri Circle Rajmahal Vilas Extension India, Bangalore, Karnataka, 560080.

  • The corporate identification number (CIN) of Raineo Ventures Private Limited is U55209KA2021PTC147091 and the company number is 147091 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Raineo Ventures Private Limited has experienced an downturn of -74.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Raineo Ventures Private Limited amount to ₹ 2.70 Cr.

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