Rare Earth Developers Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 21-06-2024
- Paid Up Capital ₹ 0.10 M
as on 21-06-2024
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 6.00 M
as on 21-06-2024
- Revenue 1284.28%
(FY 2020)
- Profit 3760.39%
(FY 2020)
- Ebitda 145390.55%
(FY 2020)
- Net Worth 57.15%
(FY 2020)
- Total Assets -0.18%
(FY 2020)
About Rare Earth Developers
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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹6.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Chendanda Thimmaiah, Terrins Mathews, and Basavaraj Deodurg serve as directors at the Company.
- CIN/LLPIN
U70102KA2007PTC041550
- Company No.
041550
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Jan 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Rare Earth Developers?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Terrins Mathews  | Director | 23-Jan-2007 | Current |
| Basavaraj Deodurg | Director | 23-Jan-2007 | Current |
| Chendanda Thimmaiah | Director | 23-Jan-2007 | Current |
Financial Performance of Rare Earth Developers.
Rare Earth Developers Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 1284.28% increase. The company also saw a substantial improvement in profitability, with a 3760.39% increase in profit. The company's net worth Soared by an impressive increase of 57.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Rare Earth Developers?
In 2019, Rare Earth Developers had a promoter holding of 99.94% and a public holding of 0.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Nitk Alumni Housing Development Private LimitedActive 4 years 1 month
Basavaraj Deodurg is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Karur Vysya Bank Limited Creation Date: 10 Jul 2015 | ₹4.00 M | Satisfied |
The Karur Vysya Bank Limited Creation Date: 08 Jun 2012 | ₹2.00 M | Satisfied |
How Many Employees Work at Rare Earth Developers?
Unlock and access historical data on people associated with Rare Earth Developers, 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 Developers, 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 Developers'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.
