Rajapalayam Textile Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.50 Cr
- Company Age 11 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 54.87 Cr
- Satisfied Charges ₹ 35.42 Cr
- Revenue Growth 0.53%
- Profit Growth -215.75%
- Ebitda -100.40%
- Net Worth -92.82%
- Total Assets -7.54%
About Rajapalayam Textile
Rajapalayam Textile Limited (RTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 January 2014 and has a history of 11 years and one month. Its registered office is in Virudhunagar, Tamil Nadu, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 4.50 Cr.
The company currently has active open charges totaling ₹54.87 Cr. The company has closed loans amounting to ₹35.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
Poosapadi Raja, Ramasubrahmaneya Sudarsanam, Poosapadi Rajha, and Two other members serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17120TN2014PLC094685
- Company No.
094685
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Jan 2014
- Date of AGM
28 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
Who are the key members and board of directors at Rajapalayam Textile?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramasubrahmaneya Sudarsanam  | Managing Director | 23-Jan-2014 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Poosapadi Raja | Director | 23-Jan-2014 | Current |
| Poosapadi Rajha | Director | 03-Mar-2014 | Current |
| Poosapadi Alagharraja | Director | 03-Mar-2014 | Current |
| Kanthimathinathan Subramanian | Director | 30-Jan-2014 | Current |
Financial Performance of Rajapalayam Textile.
Rajapalayam Textile Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.53% increase. The company also saw a substantial fall in profitability, with a 215.75% decrease in profit. The company's net worth observed a substantial decline by a decrease of 92.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rajapalayam Textile?
In 2023, Rajapalayam Textile 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)
Sri Vishnu Shankar Mills LimitedPoosapadi Raja, Poosapadi Alagharraja and 1 more are mutual person
Sandhya Spinning Mill LimitedPoosapadi Raja, Ramasubrahmaneya Sudarsanam and 1 more are mutual person
The Ramaraju Surgical Cotton Mills LimitedPoosapadi Raja and Poosapadi Alagharraja are mutual person
The Ramco Cements LimitedPoosapadi Raja is a mutual person
Rajapalayam Mills LimitedPoosapadi Raja and Poosapadi Alagharraja are mutual person
Ramco Systems LimitedPoosapadi Raja is a mutual person
Charges (Loans)
Open Charges
₹54.87 Cr
Satisfied Charges
₹35.42 Cr
Charges Breakdown by Lending Institutions
- Others : 54.87 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2024 | Others | ₹5.00 Cr | Open |
| 31 Jan 2022 | Others | ₹2.25 Cr | Open |
| 31 Jan 2022 | Others | ₹6.00 Cr | Open |
| 18 Jun 2021 | Others | ₹7.12 Cr | Open |
| 18 Jun 2021 | Others | ₹10.00 Cr | Open |
How Many Employees Work at Rajapalayam Textile?
Rajapalayam Textile has a workforce of 404 employees as of Apr 03, 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 Rajapalayam Textile, 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 Rajapalayam Textile'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.
Latest Updates, News, and FAQs on Rajapalayam Textile
Recent activity within the organization
- Charges
A charge with Others of Rs. 5.00 Cr registered on 22 Mar 2024 with Charge ID 100886065 was modified on 03 Sep 2024.
- Charges
A charge with Others of Rs. 2.25 Cr registered on 31 Jan 2022 with Charge ID 100536296 was modified on 03 Sep 2024.
- Charges
A charge with Others of Rs. 6.00 Cr registered on 31 Jan 2022 with Charge ID 100536304 was modified on 03 Sep 2024.
- Charges
A charge with Others of Rs. 20.00 Cr registered on 13 Apr 2017 with Charge ID 100091547 was modified on 03 Sep 2024.
- Annual General Meeting
Rajapalayam Textile Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.
- Balance Sheet
Rajapalayam Textile Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Frequently asked questions
What is the Incorporation or founding date of Rajapalayam Textile Limited?
Rajapalayam Textile Limited was incorporated on 23 Jan 2014.
What is authorized share capital and paid-up capital of Rajapalayam Textile Limited?
The authorized share capital of Rajapalayam Textile Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.50 Cr.
Who are the current board members & directors of Rajapalayam Textile Limited?
Currently 5 directors are associated with Rajapalayam Textile Limited.
- Poosapadi Ramasubrahmaneya Rajha Venketrama Raja
- Ramasubrahmaneya Rajha Sudarsanam
- Poosapadi Jagadeeswara Raja Ramkumar Rajha
- Poosapadi Sankarraja Alagharraja
- Kanthimathinathan Subramanian
What is the registered address of Rajapalayam Textile Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rajapalayam Textile Limited is Ramamandiram642, Tenkasiroad India, Rajapalayam, Tamil Nadu, 626117.
What is the corporate identification number (CIN) and company number of Rajapalayam Textile Limited?
The corporate identification number (CIN) of Rajapalayam Textile Limited is U17120TN2014PLC094685 and the company number is 094685 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rajapalayam Textile Limited?
The Official website of Rajapalayam Textile Limited is https://www.rajapalayammills.co.in
What has been the recent revenue trend for Rajapalayam Textile Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rajapalayam Textile Limited has risen by 0.53%.
How many employees does Rajapalayam Textile Limited currently have?
As Per 2023 financial reports, 404 employees are currently employed by Rajapalayam Textile Limited.
What change has been observed in the net worth of Rajapalayam Textile Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rajapalayam Textile Limited has experienced an downturn of -92.82%.
What are the total open charges for Rajapalayam Textile Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rajapalayam Textile Limited amount to ₹ 54.87 Cr.
When was the last Balance Sheet of Rajapalayam Textile Limited filed with the ROC?
The most recent Balance Sheet for Rajapalayam Textile Limited was filed with the ROC on 31 Mar 2024.
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