Rare Equity Profile
Key Indicators
- Authorised Capital ₹ 91.70 Cr
as on 23-10-2024
- Paid Up Capital ₹ 52.75 Cr
as on 23-10-2024
- Company Age 31 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 500.00 Cr
as on 23-10-2024
- Revenue -93.77%
(FY 2023)
- Profit -162.10%
(FY 2023)
- Ebitda 75.39%
(FY 2023)
- Net Worth -16.43%
(FY 2023)
- Total Assets 0.22%
(FY 2023)
About Rare Equity
The Corporate was formerly known as Marganta Textiles P.Ltd.. 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 2023. It's a company limited by shares with an authorized capital of Rs 91.70 Cr and a paid-up capital of Rs 52.75 Cr.
The company currently has active open charges totaling ₹500.00 Cr.
The Key Managerial Personnel (KMP) at Rare Equity Private Limited India is Bijal Kakkad as COMPANY SECRETARY. Rekha Jhunjhunwala, Rajesh Dharamshi, Amit Goela, and Two other members serve as directors at the Company.
- CIN/LLPIN
U74110MH1993PTC074456
- Company No.
074456
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Oct 1993
- Date of AGM
08 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Rare Equity?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bijal Kakkad | Company Secretary | 31-Aug-2024 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinay Kanodia  | Director | 06-Mar-2022 | Current |
| Rajesh Dharamshi | Director | 06-Mar-2022 | Current |
| Rekha Jhunjhunwala | Director | 21-Sep-2022 | Current |
| Amit Goela | Director | 02-Jan-2008 | Current |
| Vrushali Deshpande | Director | 26-Jul-2020 | Current |
Financial Performance and Corporate Structure Insights of Rare Equity.
Rare Equity Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 93.77% decrease. The company also saw a substantial fall in profitability, with a 162.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Rare Equity?
In 2023, Rare Equity had a promoter holding of 98.79% and a public holding of 1.21%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jalaram Baba Children's Nest Education Private LimitedActive 18 years 1 monthRekha Jhunjhunwala is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 05 Jul 2021 | ₹500.00 Cr | Open |
How Many Employees Work at Rare Equity?
Unlock and access historical data on people associated with Rare Equity, 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 Equity, 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 Equity'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.
