Rane Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
- Paid Up Capital ₹ 0.48 M
- Company Age 104 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 4.70 M
- Revenue Growth -36.94%
- Profit Growth -96.18%
- Ebitda 83.42%
- Net Worth 1.57%
- Total Assets -14.91%
About Rane
Rane Pvt Ltd (RPL) was founded in India on 11 May 1920 and has a glorious history of 104 years and eight months. Its registered office is in Mumbai, 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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 M and a paid-up capital of Rs 0.48 M.
The company has closed loans amounting to ₹4.70 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sakib Maskati, Jamil Merchant, and Yogesh Vadgaonkar serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51220MH1920PTC000753
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Company No.
000753
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 May 1920
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Date of AGM
28 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Rane?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jamil Merchant
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Managing Director | 01-Oct-2002 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Sakib Maskati
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Director | 29-Sep-2001 | Current |
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Yogesh Vadgaonkar
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Director | 27-Jul-2022 | Current |
Financial Performance of Rane.
Rane Pvt Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 36.94% decrease. The company also saw a substantial fall in profitability, with a 96.18% decrease in profit. The company's net worth moved up by a moderate rise of 1.57%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Rane?
In 2021, Rane had a promoter holding of 97.97% and a public holding of 2.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Atem Enterprises LlpSakib Maskati and Jamil Merchant are mutual person
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Maskati Investment Private Limited
Sakib Maskati and Jamil Merchant are mutual person
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Maharashtra Motor Parts Dealers Association
Jamil Merchant is a mutual person
Charges (Loans)
₹0
₹4.70 M
Charges Breakdown by Lending Institutions
- Uco Bank : 0.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 1998 | Uco Bank | ₹3.50 M | Satisfied |
| 25 Jul 1994 | Uco Bank | ₹1.20 M | Satisfied |
How Many Employees Work at Rane?
Rane has a workforce of 11 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, 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'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.
