About
Basic Data Updated:
8 days agoRane (Madras) Limited, formerly known as Rane Holdings Limited, is a Tier-I auto component supplier. The company's product portfolio is divided into three main segments: steering gears, die-cast products, and Rane Auto Parts (RAP). Within the steering gears segment, the company manufactures a variety of products including rack and pinions (R&P) and re-circulating balls (RCBs) for manual and mechanical gears, as well as steering and suspension linkages such as tie-rods, drag links, inner ball joints (IBJ), outer ball joints (OBJ), and suspension ball joints. Additionally, the company also produces hydraulic cylinders and hydrostatic steering units for tractors. The steering division of the company operates out of four manufacturing units located in Kanchipuram district (Tamil Nadu), Pantn... Read More
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Rane (Madras) Limited
Tie Rod Ends
Hydraulic Power Pack
Mahindra Tipper Trucks
Ball Joint
Financials of Rane (Madras) Limited
Rane (Madras) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.73% increase. The company also saw a substantial fall in profitability, with a 445.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 34.09%.
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Corporate Structure
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People in Rane (Madras) Limited
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Executive Team (2)
GB
Gnanasambandam B CFOAppointment Date: 21-Oct-2019
Status: Current
SS
Subha S
Company SecretaryAppointment Date: 19-Jul-2012
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 27 Nov 2023 | ₹100.00 Cr | Open |
Tata Capital Financial Services Limited Creation Date: 05 Aug 2023 | ₹60.00 Cr | Open |
Others Creation Date: 05 Aug 2023 | ₹50.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Rane Nsk Steering Systems Private Limited
Active
29 years 1 month Ganesh Lakshminarayan and Harish Lakshman are mutual person
Young Presidents Organisation (Chennai Chapter)
Active 25 years 2 months Harish Lakshman is a mutual person
Cholamandalam Financial Holdings Limited
Active 74 years 7 months Vasudha Sundararaman is a mutual person
Recent activity within the organization
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 cr with Charge ID 100831901 was registered on 27 Nov 2023.
27 Nov 2023Charges
A charge registered on 28 Nov 2019 via Charge ID 100304284 with Others was fully satisfied on 04 Sep 2023.
04 Sep 2023Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 60.00 cr with Charge ID 100765571 was registered on 05 Aug 2023.
05 Aug 2023Charges
A charge with Others amounted to Rs. 50.00 cr with Charge ID 100765786 was registered on 05 Aug 2023.
05 Aug 2023Annual General Meeting
Rane (Madras) Limited last Annual general meeting of members was held on 26 Jul 2023 as per latest MCA records.
26 Jul 2023
Recent News, Updates & Announcement
Rane Holdings to divest entire stake in arm Rane t4u.The Hindu 31 May 2023
- Rane Holdings consolidated Q3 net soars to 515 crore on strong growth.
TechiLive 17 Feb 2023
- Rane Engine Valve Q3 net loss narrows on strong sales volume.
TechiLive 08 Feb 2023
- Rane Brakes Q2 net down 8.
Business Line 24 Nov 2017
- Rane Engine Valve net dips on lower offtake.
The Hindu 20 Nov 2017
Frequently asked questions
What is the Incorporation or founding date of Rane (Madras) Limited?
