Rao Insulating Company Private Limited

Manufactures insulating materials, specifically those containing mica, for real estate purposes.

1962 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Rao Insulating Company Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 5.73 Cr
  • Company Age 62 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -43.82%
  • Profit Growth -107.37%
  • Ebitda -114.65%
  • Net Worth -0.87%
  • Total Assets -1.13%

About Rao Insulating Company

Rao Insulating Company Private Limited (RICPL) was founded in India on 16 October 1962 and has a glorious history of 62 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Rao Insulating Co.Ltd.. The Company is engaged in the Real Estate And Construction 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 15.00 Cr and a paid-up capital of Rs 5.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pavan Gogineni, Saranya Gogineni, Venkat Gogineni, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U21101KA1962PTC001467

  • Company No.

    001467

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1962

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Rao Insulating Company?

Board Members (4)

Name Designation Appointment Date Status
Venkata Gogineni Country flag representing Us Director 13-Dec-2021 Current
Saranya Gogineni Country flag representing In Director 30-Sep-1993 Current
Pavan Gogineni Country flag representing In Director 01-Jun-1992 Current
Venkat Gogineni Country flag representing In Director 01-Feb-2021 Current

Financial Performance of Rao Insulating Company.

Rao Insulating Company Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.82% decrease. The company also saw a substantial fall in profitability, with a 107.37% decrease in profit. The company's net worth dipped by a decrease of 0.87%.

Graph illustrating revenue growth over time
Graph showing 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
-43.82%
Revenue from Operations
-47.53%
Total Assets
-1.13%
Profit or Loss
-107.37%
Net Worth
-0.87%
EBITDA
-114.65%

What is the Ownership and Shareholding Structure of Rao Insulating Company?

In 2023, Rao Insulating Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Rao Insulating Company?

Unlock and access historical data on people associated with Rao Insulating Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rao Insulating Company, 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 Rao Insulating Company'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 Rao Insulating Company

Recent activity within the organization

  • Annual General Meeting

    Rao Insulating Company Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Rao Insulating Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Venkata Mohan Gogineni was appointed as a Director was appointed as a Director on 13 Dec 2021 & has been associated with this company since 3 years 1 month .

    13 Dec 2021

  • Director Appointment

    Venkat Ishwar Gogineni was appointed as a Director was appointed as a Director on 01 Feb 2021 & has been associated with this company since 3 years 11 months .

    01 Feb 2021

  • Director Appointment

    Saranya Gogineni was appointed as a Director was appointed as a Director on 30 Sep 1993 & has been associated with this company since 31 years 4 months .

    30 Sep 1993

  • Director Appointment

    Pavan Gogineni was appointed as a Director was appointed as a Director on 01 Jun 1992 & has been associated with this company since 32 years 8 months .

    01 Jun 1992

Frequently asked questions

  • Rao Insulating Company Private Limited was incorporated on 16 Oct 1962.

  • The authorized share capital of Rao Insulating Company Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 5.73 Cr.

  • Currently 4 directors are associated with Rao Insulating Company Private Limited.

    • Pavan Gogineni
    • Saranya Gogineni
    • Venkat Ishwar Gogineni
    • Venkata Mohan Gogineni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rao Insulating Company Private Limited is 327 7Th A Main 4Th Block Koramangala India, Bangalore South, Karnataka, 560034.

  • The corporate identification number (CIN) of Rao Insulating Company Private Limited is U21101KA1962PTC001467 and the company number is 001467 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rao Insulating Company Private Limited has fallen by -43.82%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rao Insulating Company Private Limited has experienced an downturn of -0.87%.

  • The most recent Balance Sheet for Rao Insulating Company Private Limited was filed with the ROC on 31 Mar 2024.

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