Randhawa Automobile Engineering Private Limited

Specializes in manufacturing and trading of automobile bodies and vehicles.

1998 | Thane, Maharashtra (India) | Active
Last Updated: November 15, 2024

Randhawa Automobile Engineering Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.89 Cr
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 162.99 Cr
  • Satisfied Charges ₹ 37.94 Cr
  • Revenue Growth 80.31%
  • Profit Growth -34.02%
  • Ebitda 87.61%
  • Net Worth 56.44%
  • Total Assets 58.07%

About Randhawa Automobile Engineering

Randhawa Automobile Engineering Private Limited (RAEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 1998 and has a history of 26 years and seven months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Automotive 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 8.00 Cr and a paid-up capital of Rs 7.89 Cr.

The company currently has active open charges totaling ₹162.99 Cr. The company has closed loans amounting to ₹37.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gurjitsingh Randhawa, Meharsingh Randhawa, and Gurprit Randhawa serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28920MH1998PTC115322

  • Company No.

    115322

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Randhawa Automobile Engineering Private Limited offer?

Randhawa Automobile Engineering Private Limited offers a wide range of products and services, including Commercial Vehicle Spare Parts, Truck Body Part, Storage Tanks, Drums & Containers, Cargo Containers, Van, Cash Van, Automobile Bodies, Bus, Mahindra School Bus, Trucks.

Who are the key members and board of directors at Randhawa Automobile Engineering?

Board Members (3)

Name Designation Appointment Date Status
Gurjitsingh Randhawa Country flag representing In Director 11-Jun-1998 Current
Meharsingh Randhawa Country flag representing In Director 11-Jun-1998 Current
Gurprit Randhawa Country flag representing In Director 03-Feb-2006 Current

Financial Performance of Randhawa Automobile Engineering.

Randhawa Automobile Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 80.31% increase. The company also saw a substantial fall in profitability, with a 34.02% decrease in profit. The company's net worth Soared by an impressive increase of 56.44%.

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
80.31%
Revenue from Operations
82.35%
Total Assets
58.07%
Profit or Loss
-34.02%
Net Worth
56.44%
EBITDA
87.61%

What is the Ownership and Shareholding Structure of Randhawa Automobile Engineering?

In 2023, Randhawa Automobile Engineering 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

₹162.99 Cr

Satisfied Charges

₹37.94 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 121.98 Cr
  • State Bank Of India : 22.39 Cr
  • Tata Capital Financial Services Limited : 8.78 Cr
  • Others : 6.84 Cr
  • Yes Bank Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
24 May 2024 Others ₹5.00 Cr Open
08 Nov 2023 Others ₹1.64 M Open
08 Nov 2023 Others ₹1.99 M Open
08 Nov 2023 Others ₹1.85 M Open
08 Nov 2023 Others ₹2.11 M Open

How Many Employees Work at Randhawa Automobile Engineering?

Randhawa Automobile Engineering has a workforce of 189 employees as of Apr 04, 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 Randhawa Automobile Engineering, 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 Randhawa Automobile Engineering'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 Randhawa Automobile Engineering

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 60.74 Cr registered on 23 Jun 2023 with Charge ID 100743230 was modified on 30 May 2024.

    30 May 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100928391 was registered on 24 May 2024.

    24 May 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 48.00 Cr registered on 01 Jul 2022 with Charge ID 100597034 was modified on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge registered on 24 Aug 2022 via Charge ID 100606267 with Tjsb Sahakari Bank Limited was fully satisfied on 06 Feb 2024.

    06 Feb 2024

  • Charges

    A charge registered on 29 Dec 2021 via Charge ID 100526514 with Tjsb Sahakari Bank Limited was fully satisfied on 06 Feb 2024.

    06 Feb 2024

  • Charges

    A charge registered on 21 Sep 2021 via Charge ID 100487086 with Tjsb Sahakari Bank Limited was fully satisfied on 06 Feb 2024.

    06 Feb 2024

Frequently asked questions

  • Randhawa Automobile Engineering Private Limited was incorporated on 11 Jun 1998.

  • The authorized share capital of Randhawa Automobile Engineering Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.89 Cr.

  • Currently 3 directors are associated with Randhawa Automobile Engineering Private Limited.

    • Gurjitsingh Meharsingh Randhawa
    • Meharsingh Sadhu Singh Randhawa
    • Gurprit Singh Mehar Singh Randhawa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Randhawa Automobile Engineering Private Limited is Plot No 70A Shirawane Cidco Industrial Area Sector-1, Nerul India, Navi Mumbai, Maharashtra, 400706.

  • The corporate identification number (CIN) of Randhawa Automobile Engineering Private Limited is U28920MH1998PTC115322 and the company number is 115322 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Randhawa Automobile Engineering Private Limited is https://www.randhawamotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Randhawa Automobile Engineering Private Limited has risen by 80.31%.

  • As Per 2023 financial reports, 189 employees are currently employed by Randhawa Automobile Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Randhawa Automobile Engineering Private Limited has experienced an upsurge of 56.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Randhawa Automobile Engineering Private Limited amount to ₹ 162.99 Cr.

  • The most recent Balance Sheet for Randhawa Automobile Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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