Rane Pvt Ltd
Specializing in trading auto parts for replacement market.
1920 | Mumbai, Maharashtra (India) | Active
Rane Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
- Paid Up Capital ₹ 0.48 M
- Company Age 104 Year, 10 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 ten 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51220MH1920PTC000753
- Company No.
000753
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 May 1920
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
Rane Pvt Ltd
Explore comprehensive data for Rane Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rane?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jamil Merchant  | Managing Director | 01-Oct-2002 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sakib Maskati | Director | 29-Sep-2001 | Current |
| Yogesh Vadgaonkar | 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
- Atem Enterprises Llp
Sakib Maskati and Jamil Merchant are mutual person
- Maskati Investment Private Limited
Sakib Maskati and Jamil Merchant are mutual person
- Maharashtra Motor Parts Dealers Association
Jamil Merchant is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Rane
Recent activity within the organization
- Annual General Meeting
Rane Pvt Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Rane Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Yogesh Shashikant Vadgaonkar was appointed as a Director was appointed as a Director on 27 Jul 2022 & has been associated with this company since 2 years 8 months .
- Charges
A charge registered on 25 May 1998 via Charge ID 90213195 with Uco Bank was fully satisfied on 29 Nov 2019.
- Charges
A charge registered on 25 Jul 1994 via Charge ID 90212526 with Uco Bank was fully satisfied on 29 Nov 2019.
- Director Appointment
Jamil Kaiyumbhoy Merchant was appointed as a Managing Director was appointed as a Managing Director on 01 Oct 2002 & has been associated with this company since 22 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Rane Pvt Ltd?
Rane Pvt Ltd was incorporated on 11 May 1920.
What is authorized share capital and paid-up capital of Rane Pvt Ltd?
The authorized share capital of Rane Pvt Ltd is ₹ 7.00 M and paid-up capital is ₹ 0.48 M.
Who are the current board members & directors of Rane Pvt Ltd?
Currently 3 directors are associated with Rane Pvt Ltd.
- Sakib Rasheed Maskati
- Jamil Kaiyumbhoy Merchant
- Yogesh Shashikant Vadgaonkar
What is the registered address of Rane Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Rane Pvt Ltd is 461 Dr Dadasaheb Bhadkamarnear Royal Opera House India, Mumbai, Maharashtra, 400004.
What is the corporate identification number (CIN) and company number of Rane Pvt Ltd?
The corporate identification number (CIN) of Rane Pvt Ltd is U51220MH1920PTC000753 and the company number is 000753 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Rane Pvt Ltd?
According to the financial reports for the fiscal year 2021, the revenue trend for Rane Pvt Ltd has fallen by -36.94%.
How many employees does Rane Pvt Ltd currently have?
As Per 2021 financial reports, 11 employees are currently employed by Rane Pvt Ltd.
What change has been observed in the net worth of Rane Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Rane Pvt Ltd has experienced an upsurge of 1.57%.
When was the last Balance Sheet of Rane Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Rane Pvt Ltd was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
RM
Rasheed MaskatiDirectorZM
Ziya MaskatiWholetime DirectorAK
Abdemannan KajijiDirector
Similar Companies Based on Auto Dealership & Trading
Renault India Private Limited Kanchipuram, Tamil Nadu, India
Pps Motors Private Limited Hyderabad, Telangana, India
My Car (Pune) Private Limited Pune, Maharashtra, India
Mobis India Limited Kanchipuram, Tamil Nadu, India
Varun Motors Private Limited Visakhapatnam, Andhra Pradesh, India
Automotive Manufacturers Private Limited Mumbai, Maharashtra, India
Cie Automotive India Limited Mumbai, Maharashtra, India
Sai Service Private Limited Pune, Maharashtra, India