Raki Avenues Profile
Key Indicators
- Authorised Capital ₹ 4.80 Cr
as on 29-06-2024
- Paid Up Capital ₹ 3.32 Cr
as on 29-06-2024
- Company Age 10 Year, 4 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 5.00 Cr
as on 29-06-2024
- Satisfied Charges ₹ 5.90 Cr
as on 29-06-2024
- Revenue -49.30%
(FY 2020)
- Profit -66.52%
(FY 2020)
- Ebitda -49.57%
(FY 2020)
- Net Worth 12.56%
(FY 2020)
- Total Assets 12.44%
(FY 2020)
About Raki Avenues
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.
- 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
Company Details
- Location
East Godavari, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
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
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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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 08 Jun 2020 | ₹5.00 Cr | Open |
State Bank Of India Creation Date: 25 Oct 2017 | ₹3.60 Cr | Satisfied |
State Bank Of India Creation Date: 20 Dec 2016 | ₹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.
