Rare Earth Conveyors Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 9.00 Cr
- Company Age 17 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 63.18 Cr
- Satisfied Charges ₹ 62.40 Cr
- Revenue Growth 26.23%
- Profit Growth 118.74%
- Ebitda 41.85%
- Net Worth 1.54%
- Total Assets 11.22%
About Rare Earth Conveyors
Rare Earth Conveyors Private Limited (RECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 September 2007 and has a history of 17 years and five months. Its registered office is in Delhi, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 9.00 Cr.
The company currently has active open charges totaling ₹63.18 Cr. The company has closed loans amounting to ₹62.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sarita Khurana and Rakesh Khurana serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900DL2007PTC167730
- Company No.
167730
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Sep 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Rare Earth Conveyors Private Limited offer?
Rare Earth Conveyors Private Limited offers a wide range of products and services, including Conveyor Systems & Components, Conveyor Belt, Rubber Conveyor Belt, PU Conveyor Belt.
Who are the key members and board of directors at Rare Earth Conveyors?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarita Khurana  | Additional Director | 21-Mar-2022 | Current |
| Rakesh Khurana | Director | 05-Sep-2007 | Current |
Financial Performance of Rare Earth Conveyors.
Rare Earth Conveyors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.23% increase. The company also saw a substantial improvement in profitability, with a 118.74% increase in profit. The company's net worth moved up by a moderate rise of 1.54%.
- 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 Rare Earth Conveyors?
In 2023, Rare Earth Conveyors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rare Earth Infrastructure Private LimitedSarita Khurana and Rakesh Khurana are mutual person
Rare Earth Industries Private LimitedRakesh Khurana is a mutual person
Charges (Loans)
₹63.18 Cr
₹62.40 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 38.18 Cr
- Yes Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Apr 2023 | Hdfc Bank Limited | ₹6.51 M | Open |
| 08 Jul 2021 | Yes Bank Limited | ₹25.00 Cr | Open |
| 27 Sep 2019 | Hdfc Bank Limited | ₹8.00 Cr | Open |
| 29 Aug 2018 | Hdfc Bank Limited | ₹29.53 Cr | Open |
| 31 Dec 2018 | Others | ₹20.40 Cr | Satisfied |
How Many Employees Work at Rare Earth Conveyors?
Unlock and access historical data on people associated with Rare Earth Conveyors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rare Earth Conveyors, 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 Rare Earth Conveyors'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.
