Rajvee Tractors Private Limited

Tractor trading and spare parts sales since 1982 in Gujarat.

1982 | Himatnagaar, Gujarat (India) | Active
Last Updated: July 16, 2024

Rajvee Tractors Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 7.00 M
  • Company Age 43 Year, 27 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.73 Cr
  • Satisfied Charges ₹ 9.37 Cr
  • Revenue Growth 31.73%
  • Profit Growth -7.62%
  • Ebitda -171.02%
  • Net Worth 5.98%
  • Total Assets -3.37%

About Rajvee Tractors

Rajvee Tractors Private Limited (RTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 January 1982 and has a history of 43 years. Its registered office is in Himatnagaar, Gujarat, India.

The Corporate was formerly known as R. K. Palasara & Sons P Ltd. 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 8.00 M and a paid-up capital of Rs 7.00 M.

The company currently has active open charges totaling ₹7.73 Cr. The company has closed loans amounting to ₹9.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jigneshbhai Patel and Narendrasinh Devda serve as directors at the Company.

Company Details

  • Location

    Himatnagaar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29210GJ1982PTC004997

  • Company No.

    004997

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

Who are the key members and board of directors at Rajvee Tractors?

Board Members (2)

NameDesignationAppointment DateStatus
Jigneshbhai Patel Country flag representing In Director 12-Jul-2022Current
Narendrasinh Devda Country flag representing In Additional Director 07-Feb-2024Current

Financial Performance of Rajvee Tractors.

Rajvee Tractors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.73% increase. The company also saw a slight decrease in profitability, with a 7.62% decrease in profit. The company's net worth moved up by a moderate rise of 5.98%.

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
31.73%
Revenue from Operations
22.85%
Total Assets
-3.37%
Profit or Loss
-7.62%
Net Worth
5.98%
EBITDA
-171.02%

What is the Ownership and Shareholding Structure of Rajvee Tractors?

In 2023, Rajvee Tractors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹77.29 M

Satisfied Charges

₹93.67 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 7.68 Cr
  • Others : 0.03 Cr
  • The Banaskantha Mercantile Co-Op . Bank Ltd : 0.01 Cr
  • The Banaskantha Mercsantile Co .Op Bank Ltd : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
16 Dec 2019Others₹0.27 MOpen
28 Nov 2018Axis Bank Limited₹7.68 CrOpen
11 Mar 1991The Banaskantha Mercantile Co-Op . Bank Ltd₹0.14 MOpen
26 Dec 1988The Banaskantha Mercsantile Co .Op Bank Ltd₹0.08 MOpen
29 Mar 2018Others₹2.60 CrSatisfied

How Many Employees Work at Rajvee Tractors?

Unlock and access historical data on people associated with Rajvee Tractors, 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 Rajvee Tractors, 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 Rajvee Tractors'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 Rajvee Tractors

Recent activity within the organization

  • Director Appointment

    Narendrasinh Prahladsinh Devda was appointed as a Additional Director was appointed as a Additional Director on 07 Feb 2024 & has been associated with this company since 1 year 17 days .

    07 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Rajvee Tractors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Jigneshbhai Punjabhai Patel was appointed as a Director was appointed as a Director on 12 Jul 2022 & has been associated with this company since 2 years 7 months .

    12 Jul 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 76.80 M registered on 28 Nov 2018 with Charge ID 100224056 was modified on 11 Nov 2021.

    11 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 0.27 M with Charge ID 100316343 was registered on 16 Dec 2019.

    16 Dec 2019

Frequently asked questions

  • Rajvee Tractors Private Limited was incorporated on 28 Jan 1982.

  • The authorized share capital of Rajvee Tractors Private Limited is ₹ 8.00 M and paid-up capital is ₹ 7.00 M.

  • Currently 2 directors are associated with Rajvee Tractors Private Limited.

    • Jigneshbhai Punjabhai Patel
    • Narendrasinh Prahladsinh Devda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rajvee Tractors Private Limited is N H No 8 Po Piplodi Near Hanuman Temple Boriya, Himatnagaar, Gujarat, India, 383001.

  • The corporate identification number (CIN) of Rajvee Tractors Private Limited is U29210GJ1982PTC004997 and the company number is 004997 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rajvee Tractors Private Limited has risen by 31.73%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rajvee Tractors Private Limited has experienced an upsurge of 5.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rajvee Tractors Private Limited amount to ₹ 7.73 Cr.

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

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