Rakon India Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 5.60 Cr
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 42.20 Cr
- 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 three months. Its registered office is in Bangaluru, 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 2024. 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 currently has active open charges totaling ₹42.20 Cr. The company has closed loans amounting to ₹45.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Brent Robinson, Arun Parasnis, and Palakkal Mavilavalappil serve as directors at the Company.
Company Details
- Location
Bangaluru, 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
05 Nov 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
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.
Rakon India Private Limited
Explore comprehensive data for Rakon India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
|---|---|---|---|
Brent Robinson  | Director | 25-Mar-2008 | Current |
| Palakkal Mavilavalappil | Director | 02-May-2018 | 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
- Ratios
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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)
Open Charges
₹42.20 Cr
Satisfied Charges
₹45.50 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 42.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2023 | Hdfc Bank Limited | ₹20.20 Cr | Open |
| 31 Dec 2023 | Hdfc Bank Limited | ₹22.00 Cr | Open |
| 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.
Latest Updates, News, and FAQs on Rakon India
Recent activity within the organization
- Annual General Meeting
Rakon India Private Limited last Annual general meeting of members was held on 05 Nov 2024 as per latest MCA records.
- Balance Sheet
Rakon India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 17 Sep 2008 via Charge ID 10124041 with State Bank Of India was fully satisfied on 20 Mar 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.20 Cr with Charge ID 100924948 was registered on 31 Dec 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.00 Cr with Charge ID 100937575 was registered on 31 Dec 2023.
- Charges
A charge with State Bank Of India of Rs. 15.00 Cr registered on 17 Sep 2008 with Charge ID 10124041 was modified on 25 Mar 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Rakon India Private Limited?
Rakon India Private Limited was incorporated on 17 Dec 2007.
What is authorized share capital and paid-up capital of Rakon India Private Limited?
The authorized share capital of Rakon India Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.60 Cr.
Who are the current board members & directors of Rakon India Private Limited?
Currently 3 directors are associated with Rakon India Private Limited.
- Brent John Robinson
- Arun Mukund Parasnis
- Palakkal Unnikrishnan Mavilavalappil
What is the registered address of Rakon India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rakon India Private Limited is Plot No. 9 Aerospace Sez Hitech Defence Park Kiadb Industrial Area, India, Devanahalli, Karnataka, 562110.
What is the corporate identification number (CIN) and company number of Rakon India Private Limited?
The corporate identification number (CIN) of Rakon India Private Limited is U32109KA2007PTC044692 and the company number is 044692 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rakon India Private Limited?
The Official website of Rakon India Private Limited is https://www.rakon.com
What has been the recent revenue trend for Rakon India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rakon India Private Limited has risen by 22.63%.
How many employees does Rakon India Private Limited currently have?
As Per 2023 financial reports, 500 employees are currently employed by Rakon India Private Limited.
What change has been observed in the net worth of Rakon India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rakon India Private Limited has experienced an upsurge of 8.28%.
What are the total open charges for Rakon India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rakon India Private Limited amount to ₹ 42.20 Cr.
When was the last Balance Sheet of Rakon India Private Limited filed with the ROC?
The most recent Balance Sheet for Rakon India Private Limited was filed with the ROC on 31 Mar 2024.
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