Rashmi Yarns Limited

Rashmi Yarns Limited

Manufacturer of polyester yarn, specializing in texturizing and twisting, with two production facilities.
1997 | Surat, Gujarat (India) | Under Liquidation

Last Updated:

April 23, 2024
HomeCompanyRashmi Yarns Limited

Who are the key members and board of directors at Rashmi Yarns?

Executive Team (1)

NameDesignationAppointment DateStatus
Lakhabhai Vagh InManaging Director26-Sep-1997Current

Board Members(3)

NameDesignationAppointment DateStatus
Pankaj Mehta In Director 26-Sep-1997Current
Rajee Vagh In Director 26-Sep-1997Current
Bharati Mehta In Director 26-Sep-1997Current

Financial Performance of Rashmi Yarns.

Rashmi Yarns Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 88.78% decrease. The company also saw a substantial fall in profitability, with a 3480.58% decrease in profit. The company's net worth observed a substantial decline by a decrease of 152.08%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-88.78%
Revenue from Operations
-88.96%
Total Assets
-50.18%
Profit or Loss
-3480.58%
Net Worth
-152.08%
EBITDA
-428.14%

Charges (Loans)

Open Charges Satisfied Charges

₹83.80 Cr

₹68.10 Cr

LenderAmountStatus

Others

Creation Date: 24 Dec 2018
₹0.24 MOpen

Others

Creation Date: 24 Dec 2018
₹0.53 MOpen

Others

Creation Date: 24 Dec 2018
₹0.53 MOpen

How Many Employees Work at Rashmi Yarns?

Rashmi Yarns has a workforce of 39 employees as of Apr 10, 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.

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Latest Updates, News, and FAQs on Rashmi Yarns

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 0.02 Cr registered on 24 Dec 2018 with Charge ID 100233013 was modified on 24 Mar 2020.

    24 Mar 2020

  • Charges

    A charge with Others of Rs. 0.05 Cr registered on 24 Dec 2018 with Charge ID 100233016 was modified on 24 Mar 2020.

    24 Mar 2020

  • Charges

    A charge with Others of Rs. 0.05 Cr registered on 24 Dec 2018 with Charge ID 100233019 was modified on 24 Mar 2020.

    24 Mar 2020

  • Charges

    A charge with Others of Rs. 0.18 Cr registered on 24 Dec 2018 with Charge ID 100233452 was modified on 24 Mar 2020.

    24 Mar 2020

  • Charges

    A charge with Others of Rs. 2.00 Cr registered on 24 Dec 2018 with Charge ID 100233457 was modified on 24 Mar 2020.

    24 Mar 2020

  • Charges

    A charge with Others of Rs. 4.50 Cr registered on 24 Dec 2018 with Charge ID 100233459 was modified on 24 Mar 2020.

    24 Mar 2020

Frequently asked questions

  • Rashmi Yarns Limited was incorporated on 26 Sep 1997.

  • The authorized share capital of Rashmi Yarns Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.60 Cr.

  • Currently 4 directors are associated with Rashmi Yarns Limited.

    • Pankaj Jayantilal Mehta
    • Lakhabhai Bhikhabhai Vagh
    • Rajee Lakhabhai Vagh
    • Bharati Pankaj Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rashmi Yarns Limited is 405Metro Tower, Ring Road, Surat, Gujarat, India, 395002.

  • The corporate identification number (CIN) of Rashmi Yarns Limited is U17110GJ1997PLC033075 and the company number is 033075 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rashmi Yarns Limited is https://www.rashmiyarn.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Rashmi Yarns Limited has fallen by -88.78%.

  • As Per 2018 financial reports, 39 employees are currently employed by Rashmi Yarns Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Rashmi Yarns Limited has experienced an downturn of -152.08%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Rashmi Yarns Limited amount to ₹ 83.80 Cr.

  • The most recent Balance Sheet for Rashmi Yarns Limited was filed with the ROC on 31 Mar 2018.

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