Rane Holdings Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 28-06-2024
- Paid Up Capital ₹ 14.28 Cr
as on 28-06-2024
- Company Age 88 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 70.00 Cr
as on 28-06-2024
- Satisfied Charges ₹ 384.80 Cr
as on 28-06-2024
- Revenue 8.19%
(FY 2023)
- Profit 42.56%
(FY 2023)
- Ebitda 32.17%
(FY 2023)
- Net Worth 6.12%
(FY 2023)
- Total Assets 3.50%
(FY 2023)
About Rane Holdings
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 2023. 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 ₹70.00 Cr. The company has closed loans amounting to ₹384.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rane Holdings Limited India are Siva Chandrasekaran as COMPANY SECRETARY and Map Murthy as Cfo. Ganesh Lakshminarayan, Harish Lakshman, Rajeev Gupta, and Three other members serve as directors at the Company.
- 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
04 Aug 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 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.
Who are the key members and board of directors at Rane Holdings?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siva Chandrasekaran  | Company Secretary | 06-Jun-2005 | Current |
| Harish Lakshman | Managing Director | 19-May-2004 | Current |
| Ganesh Lakshminarayan | Managing Director | 26-Jun-1986 | Current |
| Map Murthy | CFO | 01-Feb-2022 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkataramani Sumantran | Director | 27-May-2016 | Current |
| Brinda Jagirdar | Director | 12-May-2023 | Current |
| Rajeev Gupta | Director | 31-Aug-2017 | Current |
| Pradip Bishnoi | Director | 08-Aug-2019 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Switch Mobility Automotive LimitedActive 3 years 11 monthsVenkataramani Sumantran is a mutual person
Rane Nsk Steering Systems Private LimitedActive 29 years 8 monthsGanesh Lakshminarayan and Harish Lakshman are mutual person
Greaves Electric Mobility Private LimitedActive 16 years 6 monthsVenkataramani Sumantran is a mutual person
Young Presidents Organisation (Chennai Chapter)Active 25 years 9 monthsHarish Lakshman is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 05 Feb 2021 | ₹5.00 Cr | Open |
Others Creation Date: 02 Feb 2021 | ₹65.00 Cr | Open |
Hdfc Bank Limited Creation Date: 27 Jul 2022 | ₹10.00 Cr | Satisfied |
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.
Deals i
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
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.
