Rane Axle And Pressing Private Limited

Founded in 2007 and headquartered in Maharashtra, India.

2007 | Pune, Maharashtra (India) | Active
Last Updated:

Rane Axle And Pressing Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 66.99 Cr
  • Satisfied Charges ₹ 28.99 Cr
  • Revenue Growth -0.60%
  • Profit Growth -33.13%
  • Ebitda -11.12%
  • Net Worth 3.74%
  • Total Assets -3.02%

About Rane Axle And Pressing

Rane Axle And Pressing Private Limited (RAAPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 August 2007 and has a history of 17 years and seven months. Its registered office is in Pune, 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹66.99 Cr. The company has closed loans amounting to ₹28.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Rane, Bhiva Rane, Sushma Rane, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300PN2007PTC130632

  • Company No.

    130632

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive
Company report

Rane Axle And Pressing Private Limited

Explore comprehensive data for Rane Axle And Pressing Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Rane Axle And Pressing?

Board Members (4)

NameDesignationAppointment DateStatus
Manish Rane Country flag representing In Additional Director Current
Bhiva Rane Country flag representing In Additional Director Current
Sushma Rane Country flag representing In Additional Director Current
Darshana Rane Country flag representing In Director 29-Jan-2018Current

Financial Performance of Rane Axle And Pressing.

Rane Axle And Pressing Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.6% decrease. The company also saw a substantial fall in profitability, with a 33.13% decrease in profit. The company's net worth moved up by a moderate rise of 3.74%.

Rane Axle And Pressing revenue growth over time
Rane Axle And Pressing 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
-0.60%
Revenue from Operations
-0.80%
Total Assets
-3.02%
Profit or Loss
-33.13%
Net Worth
3.74%
EBITDA
-11.12%

What is the Ownership and Shareholding Structure of Rane Axle And Pressing?

In 2022, Rane Axle And Pressing 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

₹66.99 Cr

Satisfied Charges

₹28.99 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 38.50 Cr
  • Yes Bank Limited : 28.49 Cr

Latest Charge Details

DateLenderAmountStatus
24 Aug 2017Yes Bank Limited₹28.49 CrOpen
27 Jul 2015Axis Bank Limited₹38.50 CrOpen
13 Oct 2021Hdfc Bank Limited₹23.49 CrSatisfied
22 Jan 2008Centurion Bank Of Punjab Limited₹5.50 CrSatisfied

How Many Employees Work at Rane Axle And Pressing?

Unlock and access historical data on people associated with Rane Axle And Pressing, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Rane Axle And Pressing Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rane Axle And Pressing, 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 Rane Axle And Pressing'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 Rane Axle And Pressing

Recent activity within the organization

  • Charges

    A charge registered on 13 Oct 2021 via Charge ID 100544835 with Hdfc Bank Limited was fully satisfied on 06 Apr 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 38.50 Cr registered on 27 Jul 2015 with Charge ID 10590281 was modified on 15 Feb 2024.

  • Annual General Meeting

    Rane Axle And Pressing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Rane Axle And Pressing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 23.49 Cr with Charge ID 100544835 was registered on 13 Oct 2021.

  • Charges

    A charge with Yes Bank Limited of Rs. 28.49 Cr registered on 24 Aug 2017 with Charge ID 100151406 was modified on 06 Jan 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Rane Axle And Pressing Private Limited?

    Rane Axle And Pressing Private Limited was incorporated on 31 Aug 2007.

  • What is authorized share capital and paid-up capital of Rane Axle And Pressing Private Limited?

    The authorized share capital of Rane Axle And Pressing Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Rane Axle And Pressing Private Limited?

    Currently 4 directors are associated with Rane Axle And Pressing Private Limited.

    • Manish Bhiva Rane
    • Bhiva Shankarrao Rane
    • Sushma Bhiva Rane
    • Darshana Manish Rane

  • What is the registered address of Rane Axle And Pressing Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rane Axle And Pressing Private Limited is Plot No. A-21/4 Chakan Midc Phase-Ii Chakan Tal., Dist. Pune India, Khed, Maharashtra, 410501.

  • What is the corporate identification number (CIN) and company number of Rane Axle And Pressing Private Limited?

    The corporate identification number (CIN) of Rane Axle And Pressing Private Limited is U34300PN2007PTC130632 and the company number is 130632 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rane Axle And Pressing Private Limited?

    The Official website of Rane Axle And Pressing Private Limited is https://www.ratneshgroup.in

  • What has been the recent revenue trend for Rane Axle And Pressing Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rane Axle And Pressing Private Limited has fallen by -0.60%.

  • What change has been observed in the net worth of Rane Axle And Pressing Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rane Axle And Pressing Private Limited has experienced an upsurge of 3.74%.

  • What are the total open charges for Rane Axle And Pressing Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rane Axle And Pressing Private Limited amount to ₹ 66.99 Cr.

  • When was the last Balance Sheet of Rane Axle And Pressing Private Limited filed with the ROC?

    The most recent Balance Sheet for Rane Axle And Pressing Private Limited was filed with the ROC on 31 Mar 2023.

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