Rashi Sales Private Limited

Provides agency and representation services for buying, selling, and storing various goods and merchandise.

1999 | Patna, Bihar (India) | Active
Last Updated: July 18, 2024

Rashi Sales Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.58 M
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 29.34 Cr
  • Satisfied Charges ₹ 3.60 Cr
  • Revenue Growth 6.75%
  • Profit Growth -34.75%
  • Ebitda -50.64%
  • Net Worth 40.10%
  • Total Assets 4.64%

About Rashi Sales

Rashi Sales Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 1999 and has a history of 25 years and ten months. Its registered office is in Patna, Bihar, India.

The Company is engaged in the Engineering 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 M and a paid-up capital of Rs 2.58 M.

The company currently has active open charges totaling ₹29.34 Cr. The company has closed loans amounting to ₹3.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santosh Mandholia, Anita Mandholia, and Rishav Mandholia serve as directors at the Company.

Company Details

  • Location

    Patna, Bihar, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00064BR1999PTC008781

  • Company No.

    008781

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Engineering

Who are the key members and board of directors at Rashi Sales?

Executive Team (1)

NameDesignationAppointment DateStatus
Santosh Mandholia Country flag representing In Managing Director31-Mar-1999Current

Board Members (2)

NameDesignationAppointment DateStatus
Anita Mandholia Country flag representing In Director 31-Mar-1999Current
Rishav Mandholia Country flag representing In Additional Director 16-Oct-2023Current

Financial Performance of Rashi Sales.

Rashi Sales Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.75% increase. The company also saw a substantial fall in profitability, with a 34.75% decrease in profit. The company's net worth Soared by an impressive increase of 40.1%.

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
6.75%
Revenue from Operations
3.36%
Total Assets
4.64%
Profit or Loss
-34.75%
Net Worth
40.10%
EBITDA
-50.64%

What is the Ownership and Shareholding Structure of Rashi Sales?

In 2023, Rashi Sales had a promoter holding of 74.98% and a public holding of 25.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹293.41 M

Satisfied Charges

₹36.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 29.34 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2013Canara Bank₹29.34 CrOpen
15 Sep 2021Canara Bank₹3.00 CrSatisfied
03 Jul 2013Union Bank Of India₹1.00 MSatisfied
03 May 2000Union Bank Of India₹5.00 MSatisfied

How Many Employees Work at Rashi Sales?

Unlock and access historical data on people associated with Rashi Sales, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rashi Sales, 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 Sales'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 Sales

Recent activity within the organization

  • Charges

    A charge registered on 15 Sep 2021 via Charge ID 100489204 with Canara Bank was fully satisfied on 04 Nov 2023.

    04 Nov 2023

  • Director Appointment

    Rishav Mandholia was appointed as a Additional Director was appointed as a Additional Director on 16 Oct 2023 & has been associated with this company since 1 year 4 months .

    16 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Rashi Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 30.00 M with Charge ID 100489204 was registered on 15 Sep 2021.

    15 Sep 2021

  • Charges

    A charge registered on 03 Jul 2013 via Charge ID 10435134 with Union Bank Of India was fully satisfied on 13 Aug 2021.

    13 Aug 2021

Frequently asked questions

  • Rashi Sales Private Limited was incorporated on 31 Mar 1999.

  • The authorized share capital of Rashi Sales Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.58 M.

  • Currently 3 directors are associated with Rashi Sales Private Limited.

    • Santosh Kumar Mandholia
    • Anita Mandholia
    • Rishav Mandholia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rashi Sales Private Limited is Suprabhat Building Ceat Compound Ground Floor Exhibition Road, Patna, Bihar, India, 800001.

  • The corporate identification number (CIN) of Rashi Sales Private Limited is U00064BR1999PTC008781 and the company number is 008781 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rashi Sales Private Limited has risen by 6.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rashi Sales Private Limited has experienced an upsurge of 40.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rashi Sales Private Limited amount to ₹ 29.34 Cr.

  • The most recent Balance Sheet for Rashi Sales Private Limited was filed with the ROC on 31 Mar 2023.