Rashitech Vending Systems Profile
Key Indicators
- Authorised Capital ₹ 3.08 M
as on 16-11-2024
- Paid Up Capital ₹ 2.63 M
as on 16-11-2024
- Company Age 28 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.93 M
as on 16-11-2024
- Satisfied Charges ₹ 4.00 M
as on 16-11-2024
- Revenue -71.76%
(FY 2023)
- Profit 51.79%
(FY 2023)
- Ebitda 0.32%
(FY 2023)
- Net Worth -6.51%
(FY 2023)
- Total Assets -1.56%
(FY 2023)
About Rashitech Vending Systems
The Corporate was formerly known as Rashi Mercantile Private Limited. The Company is engaged in the Machinery And Equipment 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 3.08 M and a paid-up capital of Rs 2.63 M.
The company currently has active open charges totaling ₹9.93 M. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.
Rajeev Ghuwalewala, Asha Ghuwalewala, Ganesh Chaturvedi, and One other member serve as directors at the Company.
- CIN/LLPIN
U74210MP1996PLC010670
- Company No.
010670
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Rashitech Vending Systems Limited offer?
Rashitech Vending Systems Limited offers a wide range of products and services, including Vending Machines & Dispensers, Vending Machine, Incinerator, Face Mask & Sanitary Napkin Incinerator, Sanitary Napkin Vending Machine.
Who are the key members and board of directors at Rashitech Vending Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeev Ghuwalewala  | Managing Director | 02-Dec-2009 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aditya Ghuwaliwala | Director | 15-Jan-2015 | Current |
| Asha Ghuwalewala | Director | 25-Jun-2006 | Current |
| Ganesh Chaturvedi | Director | 17-Feb-2009 | Current |
Financial Performance of Rashitech Vending Systems.
Rashitech Vending Systems Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 71.76% decrease. The company also saw a substantial improvement in profitability, with a 51.79% increase in profit. The company's net worth dipped by a decrease of 6.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Rashitech Vending Systems?
In 2023, Rashitech Vending Systems had a promoter holding of 92.12% and a public holding of 7.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Dholagiri Sales And Services LlpActive 9 years 11 monthsRajeev Ghuwalewala and Asha Ghuwalewala are mutual person
- Dholagiri Industries Private LimitedActive 32 years 7 months
Rajeev Ghuwalewala and Asha Ghuwalewala are mutual person
- Dholagiri Foods & Beverages LimitedActive 1 year 11 months
Rajeev Ghuwalewala and Asha Ghuwalewala are mutual person
- Rng Global FoundationActive 1 year 7 months
Rajeev Ghuwalewala and Asha Ghuwalewala are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 05 Nov 2022 | ₹0.93 M | Open |
Canara Bank Creation Date: 02 Nov 2022 | ₹1.50 M | Open |
Canara Bank Creation Date: 04 Aug 2017 | ₹7.50 M | Open |
How Many Employees Work at Rashitech Vending Systems?
Unlock and access historical data on people associated with Rashitech Vending Systems, 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 Rashitech Vending Systems, 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 Rashitech Vending Systems'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.
