Rashitech Vending Systems Profile
Key Indicators
- Authorised Capital ₹ 3.08 M
- Paid Up Capital ₹ 2.63 M
- Company Age 28 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.93 M
- Satisfied Charges ₹ 4.00 M
- Revenue Growth -71.76%
- Profit Growth 51.79%
- Ebitda 0.32%
- Net Worth -6.51%
- Total Assets -1.56%
About Rashitech Vending Systems
Rashitech Vending Systems Limited (RVSL) is a Public Limited Indian Non-Government Company incorporated in India on 29 March 1996 and has a history of 28 years and 11 months. Its registered office is in Indore, Madhya Pradesh, India.
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.
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Machinery and Equipment
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
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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.
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- Dholagiri Industries Private Limited
Rajeev Ghuwalewala and Asha Ghuwalewala are mutual person
- Dholagiri Foods & Beverages Limited
Rajeev Ghuwalewala and Asha Ghuwalewala are mutual person
- Rng Global Foundation
Rajeev Ghuwalewala and Asha Ghuwalewala are mutual person
Charges (Loans)
Open Charges
₹9.93 M
Satisfied Charges
₹4.00 M
Charges Breakdown by Lending Institutions
- Canara Bank : 0.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 2022 | Canara Bank | ₹0.93 M | Open |
| 02 Nov 2022 | Canara Bank | ₹1.50 M | Open |
| 04 Aug 2017 | Canara Bank | ₹7.50 M | Open |
| 20 Jun 2008 | Vijaya Bank | ₹1.20 M | Satisfied |
| 19 Jul 2006 | Vijaya Bank | ₹2.30 M | Satisfied |
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.
Latest Updates, News, and FAQs on Rashitech Vending Systems
Recent activity within the organization
- Annual General Meeting
Rashitech Vending Systems Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Rashitech Vending Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
- Charges
A charge with Canara Bank amounted to Rs. 0.93 M with Charge ID 100625961 was registered on 05 Nov 2022.
- Charges
A charge with Canara Bank amounted to Rs. 1.50 M with Charge ID 100625965 was registered on 02 Nov 2022.
- Charges
A charge with Canara Bank amounted to Rs. 7.50 M with Charge ID 100130875 was registered on 04 Aug 2017.
- Director Appointment
Aditya Ghuwaliwala was appointed as a Director was appointed as a Director on 15 Jan 2015 & has been associated with this company since 10 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Rashitech Vending Systems Limited?
Rashitech Vending Systems Limited was incorporated on 29 Mar 1996.
What is authorized share capital and paid-up capital of Rashitech Vending Systems Limited?
The authorized share capital of Rashitech Vending Systems Limited is ₹ 3.08 M and paid-up capital is ₹ 2.63 M.
Who are the current board members & directors of Rashitech Vending Systems Limited?
Currently 4 directors are associated with Rashitech Vending Systems Limited.
- Rajeev Nayan Ghuwalewala
- Asha Ghuwalewala
- Ganesh Prasad Chaturvedi
- Aditya Ghuwaliwala
What is the registered address of Rashitech Vending Systems Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rashitech Vending Systems Limited is 122 Shagun Tower Scheme No. 54, Pu-4 India, Indore, Madhya Pradesh, 452001.
What is the corporate identification number (CIN) and company number of Rashitech Vending Systems Limited?
The corporate identification number (CIN) of Rashitech Vending Systems Limited is U74210MP1996PLC010670 and the company number is 010670 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rashitech Vending Systems Limited?
The Official website of Rashitech Vending Systems Limited is https://www.rashitech.com
What has been the recent revenue trend for Rashitech Vending Systems Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rashitech Vending Systems Limited has fallen by -71.76%.
What change has been observed in the net worth of Rashitech Vending Systems Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rashitech Vending Systems Limited has experienced an downturn of -6.51%.
What are the total open charges for Rashitech Vending Systems Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rashitech Vending Systems Limited amount to ₹ 9.93 M.
When was the last Balance Sheet of Rashitech Vending Systems Limited filed with the ROC?
The most recent Balance Sheet for Rashitech Vending Systems Limited was filed with the ROC on 31 Mar 2024.
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