Rakindo Kovai Township Profile
Key Indicators
- Authorised Capital ₹ 450.00 Cr
as on 17-06-2024
- Paid Up Capital ₹ 420.76 Cr
as on 17-06-2024
- Company Age 17 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 150.00 Cr
as on 17-06-2024
- Revenue -70.76%
(FY 2023)
- Profit 95.67%
(FY 2023)
- Ebitda 4.17%
(FY 2023)
- Net Worth -0.05%
(FY 2023)
- Total Assets 1.72%
(FY 2023)
About Rakindo Kovai Township
The Corporate was formerly known as Rakindo Developers Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 450.00 Cr and a paid-up capital of Rs 420.76 Cr.
The company has closed loans amounting to ₹150.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rakindo Kovai Township Private Limited India is Vinita as COMPANY SECRETARY. Benoy Kurien, Satish Sharma, Surendra Mohta, and One other member serve as directors at the Company.
- CIN/LLPIN
U70100TN2007PTC062429
- Company No.
062429
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Feb 2007
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Rakindo Kovai Township?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinita | Company Secretary | 01-Sep-2023 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Benoy Kurien  | Director | 05-Sep-2013 | Current |
| Satish Sharma | Director | 30-Aug-2022 | Current |
| Surendra Mohta | Director | 08-May-2018 | Current |
| Raman Garg | Director | 14-Dec-2022 | Current |
Financial Performance and Corporate Structure Insights of Rakindo Kovai Township.
Rakindo Kovai Township Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.76% decrease. The company also saw a substantial improvement in profitability, with a 95.67% increase in profit. The company's net worth dipped by a decrease of 0.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Rakindo Kovai Township?
In 2023, Rakindo Kovai Township had a promoter holding of 94.65% and a public holding of 5.35%. The company had 6 Subsidiaries and 1 Associate company. 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 |
|---|---|---|
State Bank Of India Creation Date: 16 May 2013 | ₹100.00 Cr | Satisfied |
State Bank Of India Creation Date: 21 Aug 2009 | ₹50.00 Cr | Satisfied |
How Many Employees Work at Rakindo Kovai Township?
Rakindo Kovai Township has a workforce of 9 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 Rakindo Kovai Township, 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 Rakindo Kovai Township'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.
