Rashi Granite Exports India Limited

Exports granite and marble slabs to US, Europe, Middle East, and Africa.

2001 | Bangalore, Karnataka (India) | Active
Last Updated: July 05, 2024

Rashi Granite Exports India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 23 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.00 Cr
  • Satisfied Charges ₹ 40.98 Cr
  • Revenue Growth 68.74%
  • Profit Growth 16638.17%
  • Ebitda -136.67%
  • Net Worth 15.02%
  • Total Assets -7.42%

About Rashi Granite Exports India

Rashi Granite Exports India Limited (RGEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 December 2001 and has a history of 23 years and two months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Rashi Granite Exports India Private Limited. The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹12.00 Cr. The company has closed loans amounting to ₹40.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ratan Kandoi, Madhu Kandoi, and Gourishankar Agarwal serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indiagranite.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U14101KA2001PLC029900

  • Company No.

    029900

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Dec 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Rashi Granite Exports India Limited offer?

Rashi Granite Exports India Limited offers a wide range of products and services, including Granite, Marble, Sandstone & Others, Granite, Floor Tiles, Brown Granite.

Who are the key members and board of directors at Rashi Granite Exports India?

Board Members (3)

NameDesignationAppointment DateStatus
Ratan Kandoi Country flag representing In Director 18-Dec-2001Current
Madhu Kandoi Country flag representing In Director 18-Dec-2001Current
Gourishankar Agarwal Country flag representing In Director 10-Sep-2016Current

Financial Performance of Rashi Granite Exports India.

Rashi Granite Exports India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 68.74% increase. The company also saw a substantial improvement in profitability, with a 16638.17% increase in profit. The company's net worth Soared by an impressive increase of 15.02%.

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
68.74%
Revenue from Operations
19.51%
Total Assets
-7.42%
Profit or Loss
16638.17%
Net Worth
15.02%
EBITDA
-136.67%

What is the Ownership and Shareholding Structure of Rashi Granite Exports India?

In 2023, Rashi Granite Exports India had a promoter holding of 63.70% and a public holding of 36.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.00 Cr

Satisfied Charges

₹40.98 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 12.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Aug 2019State Bank Of India₹12.00 CrOpen
29 May 2018Others₹19.02 CrSatisfied
27 Feb 2003State Bank Of India₹21.96 CrSatisfied

How Many Employees Work at Rashi Granite Exports India?

Rashi Granite Exports India has a workforce of 8 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rashi Granite Exports India, 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 Rashi Granite Exports India'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 Rashi Granite Exports India

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 12.00 Cr registered on 05 Aug 2019 with Charge ID 100287772 was modified on 16 Feb 2024.

    16 Feb 2024

  • Annual General Meeting

    Rashi Granite Exports India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Rashi Granite Exports India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 29 May 2018 via Charge ID 100194049 with Others was fully satisfied on 17 Mar 2020.

    17 Mar 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 12.00 Cr with Charge ID 100287772 was registered on 05 Aug 2019.

    05 Aug 2019

  • Charges

    A charge registered on 27 Feb 2003 via Charge ID 90195687 with State Bank Of India was fully satisfied on 01 Aug 2018.

    01 Aug 2018

Frequently asked questions

  • Rashi Granite Exports India Limited was incorporated on 18 Dec 2001.

  • The authorized share capital of Rashi Granite Exports India Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 3 directors are associated with Rashi Granite Exports India Limited.

    • Ratan Kumar Kandoi
    • Madhu Kandoi
    • Gourishankar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rashi Granite Exports India Limited is #117 118 Bommasandra Ind Areaiv Phase Anekal Taluk Hosur Road, Bangalore, Karnataka, India, 560041.

  • The corporate identification number (CIN) of Rashi Granite Exports India Limited is U14101KA2001PLC029900 and the company number is 029900 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rashi Granite Exports India Limited is https://www.indiagranite.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rashi Granite Exports India Limited has risen by 68.74%.

  • As Per 2023 financial reports, 8 employees are currently employed by Rashi Granite Exports India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rashi Granite Exports India Limited has experienced an upsurge of 15.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rashi Granite Exports India Limited amount to ₹ 12.00 Cr.

  • The most recent Balance Sheet for Rashi Granite Exports India Limited was filed with the ROC on 31 Mar 2023.