Rane Engine Valve Profile
Key Indicators
- Authorised Capital ₹ 12.50 Cr
as on 27-06-2024
- Paid Up Capital ₹ 7.23 Cr
as on 27-06-2024
- Company Age 52 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 212.45 Cr
as on 27-06-2024
- Satisfied Charges ₹ 501.84 Cr
as on 27-06-2024
- Revenue 29.79%
(FY 2023)
- Profit 99.49%
(FY 2023)
- Ebitda 152.29%
(FY 2023)
- Net Worth 7.93%
(FY 2023)
- Total Assets 13.01%
(FY 2023)
About Rane Engine Valve
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532988 and on the National Stock Exchange(NSE) under RANEENGINE.
The Corporate was formerly known as Techcons Ltd. 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 12.50 Cr and a paid-up capital of Rs 7.23 Cr.
The company currently has active open charges totaling ₹212.45 Cr. The company has closed loans amounting to ₹501.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rane Engine Valve Limited India are Vettagiripalayam Vijayaraghavan as CFO and Sampathkumar Anand as Company Secretary. Ganesh Lakshminarayan, Harish Lakshman, Pradip Bishnoi, and Three other members serve as directors at the Company.
- CIN/LLPIN
L74999TN1972PLC006127
- Company No.
006127
- Stock Symbol
BSE : 532988 NSE : RANEENGINE
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Mar 1972
- Date of AGM
25 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Rane Engine Valve Limited offer?
Rane Engine Valve Limited offers a wide range of products and services, including Sheet Metal & Turned Components, Industrial Disc Brakes, Suspension Arm Assembly, Car Lower Control Arm, Steering Parts, Steering Systems, Automotive Oils, Power Steering Fluid, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears.
Who are the key members and board of directors at Rane Engine Valve?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vettagiripalayam Vijayaraghavan  | CFO | 16-Feb-2017 | Current |
| Sampathkumar Anand | Company Secretary | 14-Feb-2024 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harish Lakshman | Director | 23-Jul-2008 | Current |
| Ganesh Lakshminarayan | Director | 29-Mar-1999 | Current |
| Pradip Bishnoi | Director | 10-Sep-2022 | Current |
| Ramesh Natarajan | Director | 28-Jun-2022 | Current |
| Vasudha Sundararaman | Director | 04-May-2023 | Current |
| Vikram Hosangady | Director | 31-Oct-2023 | Current |
Financial Performance and Corporate Structure Insights of Rane Engine Valve.
Rane Engine Valve Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.79% increase. The company also saw a substantial improvement in profitability, with a 99.49% increase in profit. The company's net worth moved up by a moderate rise of 7.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Rane Engine Valve?
In 2023, Rane Engine Valve had a promoter holding of 57.31% and a public holding of 42.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rane Nsk Steering Systems Private LimitedActive 29 years 8 monthsGanesh Lakshminarayan and Harish Lakshman are mutual person
Young Presidents Organisation (Chennai Chapter)Active 25 years 9 monthsHarish Lakshman is a mutual person
Cholamandalam Financial Holdings LimitedActive 75 years 3 monthsVasudha Sundararaman is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 21 Jun 2023 | ₹40.00 Cr | Open |
Yes Bank Limited Creation Date: 23 Jun 2022 | ₹15.00 Cr | Open |
Hdfc Bank Limited Creation Date: 26 Mar 2021 | ₹21.79 Cr | Open |
How Many Employees Work at Rane Engine Valve?
Rane Engine Valve has a workforce of 1431 employees as of Apr 07, 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 Rane Engine Valve, 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 Engine Valve'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.
