Rakon India Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 5.60 Cr
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 45.50 Cr
- Revenue Growth 22.63%
- Profit Growth 25.64%
- Ebitda 5.19%
- Net Worth 8.28%
- Total Assets 41.88%
About Rakon India
Rakon India Private Limited (RIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 December 2007 and has a history of 17 years and two months. Its registered office is in Devanahalli, Karnataka, India.
The Corporate was formerly known as Centum Frequency Products Private Limited. The Company is engaged in the Information Technology 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 7.00 Cr and a paid-up capital of Rs 5.60 Cr.
The company has closed loans amounting to ₹45.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Palakkal Mavilavalappil, Arun Parasnis, and Brent Robinson serve as directors at the Company.
Company Details
- Location
Devanahalli, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32109KA2007PTC044692
- Company No.
044692
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Dec 2007
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Rakon India Private Limited offer?
Rakon India Private Limited offers a wide range of products and services, including Electric Circuit Components & Spares, Amplifier IC.
Who are the key members and board of directors at Rakon India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arun Parasnis  | Managing Director | 30-Sep-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palakkal Mavilavalappil | Director | 02-May-2018 | Current |
Brent Robinson  | Director | 25-Mar-2008 | Current |
Financial Performance of Rakon India.
Rakon India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.63% increase. The company also saw a substantial improvement in profitability, with a 25.64% increase in profit. The company's net worth moved up by a moderate rise of 8.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Rakon India?
In 2023, Rakon India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹45.50 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 20.00 Cr
- State Bank Of India : 15.00 Cr
- Export-Import Bank Of India : 10.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2012 | Export-Import Bank Of India | ₹10.50 Cr | Satisfied |
| 27 May 2011 | Citi Bank N.A. | ₹20.00 Cr | Satisfied |
| 17 Sep 2008 | State Bank Of India | ₹15.00 Cr | Satisfied |
How Many Employees Work at Rakon India?
Rakon India has a workforce of 500 employees as of Mar 21, 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 Rakon India, 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 Rakon India'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.
