Rama Sacks N Bags Private Limited

Manufacturer of woven fabrics and bags with a large annual production capacity.

1987 | Panipat Haryana, Haryana (India) | Active
Last Updated: November 04, 2024

Rama Sacks N Bags Profile

Key Indicators

  • Authorised Capital ₹ 9.50 M
  • Paid Up Capital ₹ 8.18 M
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.50 Cr
  • Satisfied Charges ₹ 11.13 Cr
  • Revenue Growth -14.66%
  • Profit Growth -57.56%
  • Ebitda -36.38%
  • Net Worth 6.02%
  • Total Assets -9.88%

About Rama Sacks N Bags

Rama Sacks N Bags Private Limited (RSNBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 October 1987 and has a history of 37 years and four months. Its registered office is in Panipat Haryana, Haryana.

The Corporate was formerly known as Friends Spinners Private Limited. The Company is engaged in the Packaging 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 9.50 M and a paid-up capital of Rs 8.18 M.

The company currently has active open charges totaling ₹16.50 Cr. The company has closed loans amounting to ₹11.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Jindal, Sheel Jindal, Radhey Jindal, and Four other members serve as directors at the Company.

Company Details

  • Location Panipat Haryana, Haryana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ramabags.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74120HR1987PTC029504

  • Company No.

    029504

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Packaging

Who are the key members and board of directors at Rama Sacks N Bags?

Board Members (7)

NameDesignationAppointment DateStatus
Suresh Jindal Country flag representing In Director 09-Aug-2001Current
Sheel Jindal Country flag representing In Director 09-Aug-2001Current
Radhey Jindal Country flag representing In Director 20-Mar-2001Current
Ankur Jindal Country flag representing In Director 29-Sep-2020Current
Anil Bansal Country flag representing In Director 13-May-2019Current
Meenu Bansal Country flag representing In Director 14-May-2012Current

Financial Performance of Rama Sacks N Bags.

Rama Sacks N Bags Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.66% decrease. The company also saw a substantial fall in profitability, with a 57.56% decrease in profit. The company's net worth moved up by a moderate rise of 6.02%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-14.66%
Revenue from Operations
-14.65%
Total Assets
-9.88%
Profit or Loss
-57.56%
Net Worth
6.02%
EBITDA
-36.38%

What is the Ownership and Shareholding Structure of Rama Sacks N Bags?

In 2023, Rama Sacks N Bags had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹165.00 M

Satisfied Charges

₹111.30 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 16.50 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2021Axis Bank Limited₹2.00 CrOpen
04 Oct 2019Axis Bank Limited₹4.50 CrOpen
24 Sep 2015Axis Bank Limited₹10.00 CrOpen
17 Oct 2020Hdfc Bank Limited₹2.20 MSatisfied
22 Dec 2017Axis Bank Limited₹5.60 MSatisfied

How Many Employees Work at Rama Sacks N Bags?

Rama Sacks N Bags has a workforce of 56 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rama Sacks N Bags, 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 Rama Sacks N Bags's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Rama Sacks N Bags

Recent activity within the organization

  • Annual General Meeting

    Rama Sacks N Bags Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Rama Sacks N Bags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 17 Oct 2020 via Charge ID 100411298 with Hdfc Bank Limited was fully satisfied on 07 Oct 2023.

    07 Oct 2023

  • Charges

    A charge registered on 22 Dec 2017 via Charge ID 100154410 with Axis Bank Limited was fully satisfied on 14 Oct 2022.

    14 Oct 2022

  • Charges

    A charge registered on 24 Sep 2015 via Charge ID 10597658 with Axis Bank Limited was fully satisfied on 14 Oct 2022.

    14 Oct 2022

  • Charges

    A charge registered on 24 Sep 2015 via Charge ID 10597660 with Axis Bank Limited was fully satisfied on 15 Jul 2022.

    15 Jul 2022

Frequently asked questions

  • Rama Sacks N Bags Private Limited was incorporated on 14 Oct 1987.

  • The authorized share capital of Rama Sacks N Bags Private Limited is ₹ 9.50 M and paid-up capital is ₹ 8.18 M.

  • Currently 7 directors are associated with Rama Sacks N Bags Private Limited.

    • Suresh Kumar Jindal
    • Sheel Jindal
    • Radhey Shyam Jindal
    • Ankur Jindal
    • Anil Bansal
    • Meenu Bansal
    • Ashok Kumar Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rama Sacks N Bags Private Limited is G T Roadsewah India, Panipat Haryana.

  • The corporate identification number (CIN) of Rama Sacks N Bags Private Limited is U74120HR1987PTC029504 and the company number is 029504 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rama Sacks N Bags Private Limited is https://www.ramabags.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rama Sacks N Bags Private Limited has fallen by -14.66%.

  • As Per 2023 financial reports, 56 employees are currently employed by Rama Sacks N Bags Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rama Sacks N Bags Private Limited has experienced an upsurge of 6.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rama Sacks N Bags Private Limited amount to ₹ 16.50 Cr.

  • The most recent Balance Sheet for Rama Sacks N Bags Private Limited was filed with the ROC on 31 Mar 2024.

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