Raki Avenues Profile
Key Indicators
- Authorised Capital ₹ 4.80 Cr
- Paid Up Capital ₹ 3.32 Cr
- Company Age 10 Year, 6 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 5.90 Cr
- Revenue Growth -49.30%
- Profit Growth -66.52%
- Ebitda -49.57%
- Net Worth 12.56%
- Total Assets 12.44%
About Raki Avenues
Raki Avenues Private Limited (RAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 August 2014 and has a history of Ten years and six months. Its registered office is in Godavari, Andhra Pradesh, India.
The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 4.80 Cr and a paid-up capital of Rs 3.32 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹5.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venu Ramaiah, Chandrakantha Venu, and Ragini Venu serve as directors at the Company.
Company Details
- Location
Godavari, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70100AP2014PTC095143
- Company No.
095143
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Aug 2014
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Real Estate and Construction
What products or services does Raki Avenues Private Limited offer?
Raki Avenues Private Limited offers a wide range of products and services, including Construction Service, Residential Construction Projects, Building Construction, Building Construction Project, Apartment Construction, Real Estate Services, Real Estate Agent & Property Dealers, Residential Property Rentals, Commercial Residential Plots, Residential Plots.
Who are the key members and board of directors at Raki Avenues?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venu Ramaiah  | Managing Director | 25-Aug-2014 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chandrakantha Venu | Director | 25-Aug-2014 | Current |
| Ragini Venu | Additional Director | 01-Apr-2019 | Current |
Financial Performance of Raki Avenues.
Raki Avenues Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 49.3% decrease. The company also saw a substantial fall in profitability, with a 66.52% decrease in profit. The company's net worth Soared by an impressive increase of 12.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Raki Avenues?
In 2020, Raki Avenues 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)
V K Farms & Resorts Private LimitedVenu Ramaiah is a mutual person
Charges (Loans)
Open Charges
₹5.00 Cr
Satisfied Charges
₹5.90 Cr
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2020 | Others | ₹5.00 Cr | Open |
| 25 Oct 2017 | State Bank Of India | ₹3.60 Cr | Satisfied |
| 20 Dec 2016 | State Bank Of India | ₹2.30 Cr | Satisfied |
How Many Employees Work at Raki Avenues?
Raki Avenues has a workforce of 62 employees as of Apr 06, 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 Raki Avenues, 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 Raki Avenues'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 Raki Avenues
Recent activity within the organization
- Annual General Meeting
Raki Avenues Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100363028 was registered on 08 Jun 2020.
- Balance Sheet
Raki Avenues Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Vijayawada.
- Charges
A charge registered on 25 Oct 2017 via Charge ID 100139583 with State Bank Of India was fully satisfied on 19 Oct 2019.
- Director Appointment
Ragini Venu was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2019 & has been associated with this company since 5 years 11 months .
- Charges
A charge registered on 20 Dec 2016 via Charge ID 100075336 with State Bank Of India was fully satisfied on 20 Mar 2019.
Frequently asked questions
What is the Incorporation or founding date of Raki Avenues Private Limited?
Raki Avenues Private Limited was incorporated on 25 Aug 2014.
What is authorized share capital and paid-up capital of Raki Avenues Private Limited?
The authorized share capital of Raki Avenues Private Limited is ₹ 4.80 Cr and paid-up capital is ₹ 3.32 Cr.
Who are the current board members & directors of Raki Avenues Private Limited?
Currently 3 directors are associated with Raki Avenues Private Limited.
- Venu Ramaiah
- Chandrakantha Venu
- Ragini Venu
What is the registered address of Raki Avenues Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Raki Avenues Private Limited is Plot No : 28 Behind Gail Office, Balaramakrishnam A.V. Apparao Road India, Rajahmundry, Andhra Pradesh, 533103.
What is the corporate identification number (CIN) and company number of Raki Avenues Private Limited?
The corporate identification number (CIN) of Raki Avenues Private Limited is U70100AP2014PTC095143 and the company number is 095143 as per Ministry of Corporate Affairs (MCA).
What is the official website of Raki Avenues Private Limited?
The Official website of Raki Avenues Private Limited is https://www.rakiavenues.com
What has been the recent revenue trend for Raki Avenues Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Raki Avenues Private Limited has fallen by -49.30%.
How many employees does Raki Avenues Private Limited currently have?
As Per 2020 financial reports, 62 employees are currently employed by Raki Avenues Private Limited.
What change has been observed in the net worth of Raki Avenues Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Raki Avenues Private Limited has experienced an upsurge of 12.56%.
What are the total open charges for Raki Avenues Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Raki Avenues Private Limited amount to ₹ 5.00 Cr.
When was the last Balance Sheet of Raki Avenues Private Limited filed with the ROC?
The most recent Balance Sheet for Raki Avenues Private Limited was filed with the ROC on 31 Mar 2020.