Rajit Paints Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
- Paid Up Capital ₹ 13.40 Cr
- Company Age 39 Year, 9 Months
- Last Filing with ROC 31 Mar 2015
- Open Charges ₹ 171.19 Cr
- Satisfied Charges ₹ 3.50 M
- Revenue Growth -99.07%
- Profit Growth 27.27%
- Ebitda 33.26%
- Net Worth -481.54%
- Total Assets -23.12%
About Rajit Paints
Rajit Paints Limited (RPL) is a Public Limited Indian Non-Government Company incorporated in India on 13 June 1985 and has a history of 39 years and nine months. Its registered office is in Punjab, Punjab.
The Corporate was formerly known as Rajit Paints Products India Private 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 2015. It's a company limited by shares with an authorized capital of Rs 14.00 Cr and a paid-up capital of Rs 13.40 Cr.
The company currently has active open charges totaling ₹171.19 Cr. The company has closed loans amounting to ₹3.50 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rajit Paints Limited India is Gaurav Jha as CFO. Rahat Mehra, Rajesh Mehra, and Rajit Mehra serve as directors at the Company.
Company Details
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24221PB1985PLC006310
- Company No.
006310
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Jun 1985
- Date of AGM
29 Sep 2015
- Date of Balance Sheet
31 Mar 2015
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
Who are the key members and board of directors at Rajit Paints?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gaurav Jha | CFO | 08-Mar-2015 | Current |
Rajesh Mehra  | Managing Director | 06-Jan-2003 | Current |
| Rajit Mehra | Managing Director | 01-Jan-2001 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rahat Mehra | Director | 15-Nov-2011 | Current |
Financial Performance of Rajit Paints.
Rajit Paints Limited, for the financial year ended 2014, experienced significant reduction in revenue, with a 99.07% decrease. The company also saw a substantial improvement in profitability, with a 27.27% increase in profit. The company's net worth observed a substantial decline by a decrease of 481.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rajit Paints?
In 2015, Rajit Paints had a promoter holding of 88.76% and a public holding of 11.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Rajit Milk Private Limited
Rahat Mehra, Rajesh Mehra and 1 more are mutual person
Charges (Loans)
Open Charges
₹171.19 Cr
Satisfied Charges
₹0.35 Cr
Charges Breakdown by Lending Institutions
- Others : 144.62 Cr
- Idbi Bank Limited : 25.50 Cr
- Indiabulls Housing Finance Limited : 1.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2012 | Idbi Bank Limited | ₹2.00 Cr | Open |
| 30 Apr 2012 | Indiabulls Housing Finance Limited | ₹1.07 Cr | Open |
| 08 Feb 2012 | Others | ₹2.00 Cr | Open |
| 23 Nov 2011 | Others | ₹54.25 Cr | Open |
| 20 Sep 2011 | Others | ₹2.50 Cr | Open |
How Many Employees Work at Rajit Paints?
Unlock and access historical data on people associated with Rajit Paints, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rajit Paints, 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 Rajit Paints'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 Rajit Paints
Recent activity within the organization
- Charges
A charge with Others of Rs. 2.00 Cr registered on 08 Feb 2012 with Charge ID 10340277 was modified on 28 Dec 2018.
- Charges
A charge with Others of Rs. 54.25 Cr registered on 23 Nov 2011 with Charge ID 10330498 was modified on 28 Dec 2018.
- Charges
A charge with Others of Rs. 2.50 Cr registered on 20 Sep 2011 with Charge ID 10311615 was modified on 28 Dec 2018.
- Charges
A charge with Others of Rs. 49.25 Cr registered on 06 Oct 2010 with Charge ID 10244744 was modified on 28 Dec 2018.
- Charges
A charge with Others of Rs. 36.62 Cr registered on 08 Jan 2003 with Charge ID 90167512 was modified on 28 Dec 2018.
- Annual General Meeting
Rajit Paints Limited last Annual general meeting of members was held on 29 Sep 2015 as per latest MCA records.
Frequently asked questions
What is the Incorporation or founding date of Rajit Paints Limited?
Rajit Paints Limited was incorporated on 13 Jun 1985.
What is authorized share capital and paid-up capital of Rajit Paints Limited?
The authorized share capital of Rajit Paints Limited is ₹ 14.00 Cr and paid-up capital is ₹ 13.40 Cr.
Who are the current board members & directors of Rajit Paints Limited?
Currently 4 directors are associated with Rajit Paints Limited.
- Gaurav Jha
- Rahat Mehra
- Rajesh Mehra
- Rajit Mehra
What is the registered address of Rajit Paints Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rajit Paints Limited is Gill Roadludhiana India, Punjab.
What is the corporate identification number (CIN) and company number of Rajit Paints Limited?
The corporate identification number (CIN) of Rajit Paints Limited is U24221PB1985PLC006310 and the company number is 006310 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rajit Paints Limited?
The Official website of Rajit Paints Limited is https://www.rajitpaints.com
What has been the recent revenue trend for Rajit Paints Limited?
According to the financial reports for the fiscal year 2014, the revenue trend for Rajit Paints Limited has fallen by -99.07%.
What change has been observed in the net worth of Rajit Paints Limited, and by what percentage?
The financial reports for the fiscal year 2014 indicates that The net worth of Rajit Paints Limited has experienced an downturn of -481.54%.
What are the total open charges for Rajit Paints Limited?
As per the financial statements for fiscal Year 2014, The total open charges for Rajit Paints Limited amount to ₹ 171.19 Cr.
When was the last Balance Sheet of Rajit Paints Limited filed with the ROC?
The most recent Balance Sheet for Rajit Paints Limited was filed with the ROC on 31 Mar 2015.
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