Rao World Fintrade Private Limited

Founded in 1996 and headquartered in Gujarat, India.

1996 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 25, 2024

Rao World Fintrade Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.65 M
  • Revenue Growth 720.69%
  • Profit Growth 77.76%
  • Ebitda 492.40%
  • Net Worth -1.89%
  • Total Assets -0.65%

About Rao World Fintrade

Rao World Fintrade Private Limited (RWFPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 February 1996 and has a history of 28 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹5.65 M.

Ilaxiben Rao, Bharatbhai Rao, Bhaktaprakash Rao, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U71290GJ1996PTC028939

  • Company No.

    028939

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Feb 1996

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services
Events and Entertainment

Who are the key members and board of directors at Rao World Fintrade?

Board Members (4)

Name Designation Appointment Date Status
Ilaxiben Rao Country flag representing In Director 05-Mar-2024 Current
Bharatbhai Rao Country flag representing In Director 05-Mar-2024 Current
Bhaktaprakash Rao Country flag representing In Director 01-Jul-2016 Current
Shyambhai Rao Country flag representing Us Additional Director 01-Jun-2020 Current

Financial Performance of Rao World Fintrade.

Rao World Fintrade Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 720.69% increase. The company also saw a substantial improvement in profitability, with a 77.76% increase in profit. The company's net worth dipped by a decrease of 1.89%.

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
720.69%
Revenue from Operations
852.50%
Total Assets
-0.65%
Profit or Loss
77.76%
Net Worth
-1.89%
EBITDA
492.40%

What is the Ownership and Shareholding Structure of Rao World Fintrade?

In 2019, Rao World Fintrade had a promoter holding of 61.41% and a public holding of 38.59%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.57 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.57 Cr

Latest Charge Details

Date Lender Amount Status
06 Dec 2017 Others ₹5.65 M Open

How Many Employees Work at Rao World Fintrade?

Unlock and access historical data on people associated with Rao World Fintrade, 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 World Fintrade, 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 World Fintrade'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 World Fintrade

Recent activity within the organization

  • Annual General Meeting

    Rao World Fintrade Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    Rao World Fintrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Ilaxiben Bhaktaprakash Rao was appointed as a Director was appointed as a Director on 05 Mar 2024 & has been associated with this company since 11 months 6 days .

    05 Mar 2024

  • Director Appointment

    Bharatbhai Manubhai Rao was appointed as a Director was appointed as a Director on 05 Mar 2024 & has been associated with this company since 11 months 6 days .

    05 Mar 2024

  • Charges

    A charge with Others of Rs. 0.57 Cr registered on 06 Dec 2017 with Charge ID 100149685 was modified on 01 Dec 2020.

    01 Dec 2020

  • Director Appointment

    Shyambhai Manubhai Rao was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2020 & has been associated with this company since 4 years 8 months .

    01 Jun 2020

Frequently asked questions

  • Rao World Fintrade Private Limited was incorporated on 29 Feb 1996.

  • The authorized share capital of Rao World Fintrade Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 4 directors are associated with Rao World Fintrade Private Limited.

    • Ilaxiben Bhaktaprakash Rao
    • Bharatbhai Manubhai Rao
    • Bhaktaprakash Manubhai Rao
    • Shyambhai Manubhai Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rao World Fintrade Private Limited is Plot No 385 Koba-Road Village-Kudasan Ta Dist- India, Gandhinagar, Gujarat, 380001.

  • The corporate identification number (CIN) of Rao World Fintrade Private Limited is U71290GJ1996PTC028939 and the company number is 028939 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Rao World Fintrade Private Limited has risen by 720.69%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Rao World Fintrade Private Limited has experienced an downturn of -1.89%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Rao World Fintrade Private Limited amount to ₹ 5.65 M.

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

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