Raja Gears Private Limited

Founded in 1983 and headquartered in Chandigarh, India.

1983 | Chandigarh (India) | Active
Last Updated: November 16, 2024

Raja Gears Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.24 Cr
  • Company Age 41 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.01 Cr
  • Satisfied Charges ₹ 7.24 Cr
  • Revenue Growth 21.44%
  • Profit Growth 69.88%
  • Ebitda 53.66%
  • Net Worth 9.10%
  • Total Assets 18.18%

About Raja Gears

Raja Gears Private Limited (RGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 December 1983 and has a history of 41 years and one month. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Sugo Gears Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 2.24 Cr.

The company currently has active open charges totaling ₹15.01 Cr. The company has closed loans amounting to ₹7.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satya Goyal and Mahinder Singh serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300CH1983PTC005678

  • Company No.

    005678

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Raja Gears Private Limited offer?

Raja Gears Private Limited offers a wide range of products and services, including Commercial Vehicle Spare Parts, Axle, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears.

Who are the key members and board of directors at Raja Gears?

Executive Team (1)

Name Designation Appointment Date Status
Satya Goyal Country flag representing In Managing Director 18-Aug-2008 Current

Board Members (1)

Name Designation Appointment Date Status
Mahinder Singh Country flag representing In Director 15-Apr-2023 Current

Financial Performance of Raja Gears.

Raja Gears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.44% increase. The company also saw a substantial improvement in profitability, with a 69.88% increase in profit. The company's net worth moved up by a moderate rise of 9.1%.

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
21.44%
Revenue from Operations
21.69%
Total Assets
18.18%
Profit or Loss
69.88%
Net Worth
9.10%
EBITDA
53.66%

What is the Ownership and Shareholding Structure of Raja Gears?

In 2023, Raja Gears had a promoter holding of 53.78% and a public holding of 46.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.01 Cr

Satisfied Charges

₹7.24 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.01 Cr

Latest Charge Details

Date Lender Amount Status
25 Sep 2024 Others ₹0.83 M Open
18 Jul 2024 Others ₹1.39 M Open
27 Jun 2024 Others ₹1.13 Cr Open
24 Nov 2021 Others ₹1.39 M Open
06 Aug 2021 Others ₹4.37 M Open

How Many Employees Work at Raja Gears?

Raja Gears has a workforce of 75 employees as of Apr 04, 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 Raja Gears, 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 Raja Gears'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 Raja Gears

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 13.08 Cr registered on 29 Oct 2018 with Charge ID 100217373 was modified on 29 Oct 2024.

    29 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100984384 was registered on 25 Sep 2024.

    25 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100957924 was registered on 18 Jul 2024.

    18 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 1.13 Cr with Charge ID 100944913 was registered on 27 Jun 2024.

    27 Jun 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Mahinder Singh was appointed as a Director was appointed as a Director on 15 Apr 2023 & has been associated with this company since 1 year 9 months .

    15 Apr 2023

Frequently asked questions

  • Raja Gears Private Limited was incorporated on 22 Dec 1983.

  • The authorized share capital of Raja Gears Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.24 Cr.

  • Currently 2 directors are associated with Raja Gears Private Limited.

    • Satya Paul Goyal
    • Mahinder Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raja Gears Private Limited is Sco 80-81 3Rd Floor Sector 17C, India, Chandigarh, 160017.

  • The corporate identification number (CIN) of Raja Gears Private Limited is U34300CH1983PTC005678 and the company number is 005678 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raja Gears Private Limited is https://www.rajagears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Raja Gears Private Limited has risen by 21.44%.

  • As Per 2023 financial reports, 75 employees are currently employed by Raja Gears Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Raja Gears Private Limited has experienced an upsurge of 9.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Raja Gears Private Limited amount to ₹ 15.01 Cr.

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

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