Rakesh Credits Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.24 Cr
- Company Age 31 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.10 Cr
- Satisfied Charges ₹ 8.35 Cr
- Revenue Growth 103.98%
- Profit Growth 3.14%
- Ebitda 130.19%
- Net Worth -19.74%
- Total Assets 38.73%
About Rakesh Credits
Rakesh Credits Limited (RCL) is a Public Limited Indian Non-Government Company incorporated in India on 26 July 1993 and has a history of 31 years and six months. Its registered office is in Tamilnadu, Tamil Nadu.
The Corporate was formerly known as Rakesh Trade Credits Private Limited. The Company is engaged in the Financial Services 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 3.00 Cr and a paid-up capital of Rs 1.24 Cr.
The company currently has active open charges totaling ₹4.10 Cr. The company has closed loans amounting to ₹8.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tejraj Jain, Tejraj Kumar, Tejraj Jain, and One other member serve as directors at the Company.
Company Details
- Location Tamilnadu, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U71309TN1993PLC025498
- Company No.
025498
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Jul 1993
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Rakesh Credits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tejraj Jain  | Managing Director | 26-Jul-1993 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tejraj Kumar | Director | 27-Mar-2004 | Current |
| Tejraj Jain | Director | 31-Mar-1997 | Current |
| Hemalatha | Director | 15-Apr-2016 | Current |
Financial Performance of Rakesh Credits.
Rakesh Credits Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 103.98% increase. The company also saw a slight improvement in profitability, with a 3.14% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.74%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Rakesh Credits?
In 2023, Rakesh Credits 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)
Germa Construction Private LimitedTejraj Jain and Tejraj Kumar are mutual person
Germa Sanitaryware Private LimitedTejraj Jain and Tejraj Kumar are mutual person
Germa Bazar LlpTejraj Jain and Tejraj Kumar are mutual person
Charges (Loans)
₹4.10 Cr
₹8.35 Cr
Charges Breakdown by Lending Institutions
- Others : 4.00 Cr
- Hdfc Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2023 | Others | ₹1.00 Cr | Open |
| 31 May 2022 | Hdfc Bank Limited | ₹1.02 M | Open |
| 22 Apr 2022 | Others | ₹3.00 Cr | Open |
| 25 Nov 2019 | Others | ₹5.00 M | Satisfied |
| 06 Dec 2018 | Others | ₹2.00 Cr | Satisfied |
How Many Employees Work at Rakesh Credits?
Rakesh Credits has a workforce of 92 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rakesh Credits, 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 Rakesh Credits'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
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