Ras Bearings Private Limited

Manufacturer of automotive bearing parts for passenger and commercial vehicles, supplying to Texspin Bearings Limited.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Ras Bearings Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.25 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.92 Cr
  • Satisfied Charges ₹ 50.20 Cr
  • Revenue Growth 4.29%
  • Profit Growth 114.69%
  • Ebitda 0.87%
  • Net Worth -35.29%
  • Total Assets -1.37%

About Ras Bearings

Ras Bearings Private Limited (RBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 July 2007 and has a history of 17 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Rmp Automotive Systems Private Limited. The Company is engaged in the Automotive 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 3.50 Cr and a paid-up capital of Rs 3.25 Cr.

The company currently has active open charges totaling ₹28.92 Cr. The company has closed loans amounting to ₹50.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vijaybhai Gohel and Hareshkumar Makwana 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

    U29221GJ2007PTC051422

  • Company No.

    051422

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Ras Bearings Private Limited offer?

Ras Bearings Private Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Ball Bearings, Pedestal Bearing, Thrust Bearings, Cylindrical Roller Bearing, Roller Bearings, Groove Ball Bearings, Tapered Roller Bearings.

Company report

Ras Bearings Private Limited

Explore comprehensive data for Ras Bearings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ras Bearings?

Board Members (2)

NameDesignationAppointment DateStatus
Vijaybhai Gohel Country flag representing In Director 06-Mar-2012Current
Hareshkumar Makwana Country flag representing In Director 31-Jul-2007Current

Financial Performance of Ras Bearings.

Ras Bearings Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.29% increase. The company also saw a substantial improvement in profitability, with a 114.69% increase in profit. The company's net worth observed a substantial decline by a decrease of 35.29%.

Ras Bearings revenue growth over time
Ras Bearings 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
4.29%
Revenue from Operations
3.82%
Total Assets
-1.37%
Profit or Loss
114.69%
Net Worth
-35.29%
EBITDA
0.87%

What is the Ownership and Shareholding Structure of Ras Bearings?

In 2023, Ras Bearings 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)

Open Charges

₹28.92 Cr

Satisfied Charges

₹50.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 24.88 Cr
  • Axis Bank Limited : 4.04 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2024Others₹11.02 CrOpen
12 Jan 2024Axis Bank Limited₹9.03 MOpen
12 Jan 2024Axis Bank Limited₹3.13 CrOpen
21 May 2022Others₹1.88 MOpen
24 Dec 2020Others₹13.67 CrOpen

How Many Employees Work at Ras Bearings?

Ras Bearings has a workforce of 89 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ras Bearings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ras Bearings, 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 Ras Bearings'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 Ras Bearings

Recent activity within the organization

  • Annual General Meeting

    Ras Bearings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 11.02 Cr registered on 29 May 2024 with Charge ID 100949234 was modified on 15 Jul 2024.

  • Charges

    A charge registered on 03 Jul 2020 via Charge ID 100346173 with Sidbi was fully satisfied on 01 Jul 2024.

  • Charges

    A charge registered on 26 Aug 2019 via Charge ID 100288639 with Sidbi was fully satisfied on 01 Jul 2024.

  • Charges

    A charge registered on 27 Feb 2019 via Charge ID 100240316 with Sidbi was fully satisfied on 01 Jul 2024.

  • Charges

    A charge registered on 24 Oct 2016 via Charge ID 100056668 with Others was fully satisfied on 01 Jul 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Ras Bearings Private Limited?

    Ras Bearings Private Limited was incorporated on 31 Jul 2007.

  • What is authorized share capital and paid-up capital of Ras Bearings Private Limited?

    The authorized share capital of Ras Bearings Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.25 Cr.

  • Who are the current board members & directors of Ras Bearings Private Limited?

    Currently 2 directors are associated with Ras Bearings Private Limited.

    • Vijaybhai Rasikbhai Gohel
    • Hareshkumar Chunilal Makwana

  • What is the registered address of Ras Bearings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ras Bearings Private Limited is 16-17Abhivanarcade Nearbankofbaroda Pritamnagar Ellisbridge, India, Ahmedabad, Gujarat, 380006.

  • What is the corporate identification number (CIN) and company number of Ras Bearings Private Limited?

    The corporate identification number (CIN) of Ras Bearings Private Limited is U29221GJ2007PTC051422 and the company number is 051422 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ras Bearings Private Limited?

    The Official website of Ras Bearings Private Limited is https://www.rasbearings.com

  • What has been the recent revenue trend for Ras Bearings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ras Bearings Private Limited has risen by 4.29%.

  • How many employees does Ras Bearings Private Limited currently have?

    As Per 2023 financial reports, 89 employees are currently employed by Ras Bearings Private Limited.

  • What change has been observed in the net worth of Ras Bearings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ras Bearings Private Limited has experienced an downturn of -35.29%.

  • What are the total open charges for Ras Bearings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ras Bearings Private Limited amount to ₹ 28.92 Cr.

  • When was the last Balance Sheet of Ras Bearings Private Limited filed with the ROC?

    The most recent Balance Sheet for Ras Bearings Private Limited was filed with the ROC on 31 Mar 2024.

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