Rane Holdings Limited

Provides support services and acts as holding company for Rane Group, established in 1936.

1936 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Rane Holdings Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 14.28 Cr
  • Company Age 89 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 80.00 Cr
  • Satisfied Charges ₹ 449.80 Cr
  • Revenue Growth 8.19%
  • Profit Growth 42.56%
  • Ebitda 32.17%
  • Net Worth 6.12%
  • Total Assets 3.50%

About Rane Holdings

Rane Holdings Limited (RHL) was founded in India on 03 March 1936 and has a glorious history of 89 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505800 and on the National Stock Exchange(NSE) under RANEHOLDIN.

The Corporate was formerly known as Rane (Madras) Limited. The Company is engaged in the Financial Services 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 20.00 Cr and a paid-up capital of Rs 14.28 Cr.

The company currently has active open charges totaling ₹80.00 Cr. The company has closed loans amounting to ₹449.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rane Holdings Limited India are Jayaraman Ananth as CFO and Siva Chandrasekaran as Company Secretary. Ganesh Lakshminarayan, Harish Lakshman, Murugappan Muthiah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L35999TN1936PLC002202

  • Company No.

    002202

  • Stock Symbol

    BSE : 505800 NSE : RANEHOLDIN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 1936

  • Date of AGM

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services

What products or services does Rane Holdings Limited offer?

Rane Holdings Limited offers a wide range of products and services, including Power Steering Parts, Power Steering, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears.

Company report

Rane Holdings Limited

Explore comprehensive data for Rane Holdings Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Rane Holdings?

Executive Team (4)

NameDesignationAppointment DateStatus
Siva Chandrasekaran Country flag representing In Company Secretary06-Jun-2005Current
Harish Lakshman Country flag representing In Managing Director19-May-2004Current
Ganesh Lakshminarayan Country flag representing In Managing Director01-Apr-2011Current
Jayaraman Ananth Country flag representing In CFO06-Jul-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Brinda Jagirdar Country flag representing In Director 12-May-2023Current
Murugappan Muthiah Country flag representing In Director 02-Aug-2024Current
Rajeev Gupta Country flag representing In Director 31-Aug-2017Current
Pradip Bishnoi Country flag representing In Director 08-Aug-2019Current

Financial Performance of Rane Holdings.

Rane Holdings Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.19% increase. The company also saw a substantial improvement in profitability, with a 42.56% increase in profit. The company's net worth moved up by a moderate rise of 6.12%.

Rane Holdings revenue growth over time
Rane Holdings 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
8.19%
Revenue from Operations
32.50%
Total Assets
3.50%
Profit or Loss
42.56%
Net Worth
6.12%
EBITDA
32.17%

What is the Ownership and Shareholding Structure of Rane Holdings?

In 2023, Rane Holdings had a promoter holding of 46.58% and a public holding of 53.43%. The company had 4 Subsidiaries, 2 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹80.00 Cr

Satisfied Charges

₹449.80 Cr

Charges Breakdown by Lending Institutions

  • Others : 75.00 Cr
  • Hdfc Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 2024Others₹75.00 CrOpen
05 Feb 2021Hdfc Bank Limited₹5.00 CrOpen
27 Jul 2022Hdfc Bank Limited₹10.00 CrSatisfied
02 Feb 2021Others₹65.00 CrSatisfied
16 Apr 2019Others₹20.00 CrSatisfied

How Many Employees Work at Rane Holdings?

Rane Holdings has a workforce of 120 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.

Employee growth trends for Rane Holdings Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rane Holdings, 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 Holdings'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 Holdings

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101007999 was registered on 21 Nov 2024.

  • Annual General Meeting

    Rane Holdings Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

  • Director Appointment

    Murugappan Murugappan Muthiah was appointed as a Director was appointed as a Director on 02 Aug 2024 & has been associated with this company since 8 months 11 days .

  • Director Appointment

    Jayaraman Ananth was appointed as a Cfo was appointed as a Cfo on 06 Jul 2024 & has been associated with this company since 9 months 8 days .

  • Charges

    A charge registered on 02 Feb 2021 via Charge ID 100414099 with Others was fully satisfied on 08 May 2024.

  • Balance Sheet

    Rane Holdings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Rane Holdings Limited?

    Rane Holdings Limited was incorporated on 03 Mar 1936.

  • What is authorized share capital and paid-up capital of Rane Holdings Limited?

    The authorized share capital of Rane Holdings Limited is ₹ 20.00 Cr and paid-up capital is ₹ 14.28 Cr.

  • Who are the current board members & directors of Rane Holdings Limited?

    Currently 8 directors are associated with Rane Holdings Limited.

    • Ganesh Lakshminarayan
    • Harish Lakshman
    • Murugappan Murugappan Muthiah
    • Rajeev Gupta
    • Pradip Kumar Bishnoi
    • Brinda Jagirdar
    • Jayaraman Ananth
    • Siva Chandrasekaran

  • What is the registered address of Rane Holdings Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rane Holdings Limited is Maithrino132Cathedralroad India, Chennai, Tamil Nadu, 600086.

  • What is the corporate identification number (CIN) and company number of Rane Holdings Limited?

    The corporate identification number (CIN) of Rane Holdings Limited is L35999TN1936PLC002202 and the company number is 002202 as per Ministry of Corporate Affairs (MCA).

  • Is Rane Holdings Limited registered with any stock exchange in India?

    Yes, Rane Holdings Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): RANEHOLDIN.

  • What is the official website of Rane Holdings Limited?

    The Official website of Rane Holdings Limited is https://www.ranegroup.com

  • What has been the recent revenue trend for Rane Holdings Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rane Holdings Limited has risen by 8.19%.

  • How many employees does Rane Holdings Limited currently have?

    As Per 2023 financial reports, 120 employees are currently employed by Rane Holdings Limited.

  • What change has been observed in the net worth of Rane Holdings Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rane Holdings Limited has experienced an upsurge of 6.12%.

  • What are the total open charges for Rane Holdings Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rane Holdings Limited amount to ₹ 80.00 Cr.

  • When was the last Balance Sheet of Rane Holdings Limited filed with the ROC?

    The most recent Balance Sheet for Rane Holdings Limited was filed with the ROC on 31 Mar 2024.

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