Rashmi Yarns Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.60 Cr
- Company Age 27 Year, 7 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 83.80 Cr
- Satisfied Charges ₹ 68.10 Cr
- Revenue Growth -88.78%
- Profit Growth -3480.58%
- Ebitda -428.14%
- Net Worth -152.08%
- Total Assets -50.18%
About Rashmi Yarns
Rashmi Yarns Limited (RYL) is Under Liquidation company established on 26 Sep 1997 with its office registered at Surat, Gujarat, India and has been running since 27 Year, 7 Months with a paid up capital of 2.60 Cr. According to MCA records, 4 Directors are linked to this company as of 23 Apr 2024.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17110GJ1997PLC033075
- Company No.
033075
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Sep 1997
- Date of AGM
29 Sep 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
Rashmi Yarns Limited
Explore comprehensive data for Rashmi Yarns Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rashmi Yarns?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lakhabhai Vagh  | Managing Director | 26-Sep-1997 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pankaj Mehta | Director | 26-Sep-1997 | Current |
| Rajee Vagh | Director | 26-Sep-1997 | Current |
| Bharati Mehta | Director | 26-Sep-1997 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rashmi Yarns?
In 2018, Rashmi Yarns had a promoter holding of 74.51% and a public holding of 25.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹83.80 Cr
Satisfied Charges
₹68.10 Cr
Charges Breakdown by Lending Institutions
- Others : 83.20 Cr
- Punjab National Bank : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2018 | Others | ₹0.24 M | Open |
| 24 Dec 2018 | Others | ₹0.53 M | Open |
| 24 Dec 2018 | Others | ₹0.53 M | Open |
| 24 Dec 2018 | Others | ₹1.80 M | Open |
| 24 Dec 2018 | Others | ₹2.00 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rashmi Yarns, 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 Rashmi Yarns'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 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Frequently asked questions
What is the Incorporation or founding date of Rashmi Yarns Limited?
Rashmi Yarns Limited was incorporated on 26 Sep 1997.
What is authorized share capital and paid-up capital of Rashmi Yarns Limited?
The authorized share capital of Rashmi Yarns Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.60 Cr.
Who are the current board members & directors of Rashmi Yarns Limited?
Currently 4 directors are associated with Rashmi Yarns Limited.
- Pankaj Jayantilal Mehta
- Lakhabhai Bhikhabhai Vagh
- Rajee Lakhabhai Vagh
- Bharati Pankaj Mehta
What is the registered address of Rashmi Yarns Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rashmi Yarns Limited is 405Metro Tower, Ring Road, Surat, Gujarat, India, 395002.
What is the corporate identification number (CIN) and company number of Rashmi Yarns Limited?
The corporate identification number (CIN) of Rashmi Yarns Limited is U17110GJ1997PLC033075 and the company number is 033075 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rashmi Yarns Limited?
The Official website of Rashmi Yarns Limited is https://www.rashmiyarn.com
What has been the recent revenue trend for Rashmi Yarns Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Rashmi Yarns Limited has fallen by -88.78%.
How many employees does Rashmi Yarns Limited currently have?
As Per 2018 financial reports, 39 employees are currently employed by Rashmi Yarns Limited.
What change has been observed in the net worth of Rashmi Yarns Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Rashmi Yarns Limited has experienced an downturn of -152.08%.
What are the total open charges for Rashmi Yarns Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Rashmi Yarns Limited amount to ₹ 83.80 Cr.
When was the last Balance Sheet of Rashmi Yarns Limited filed with the ROC?
The most recent Balance Sheet for Rashmi Yarns Limited was filed with the ROC on 31 Mar 2018.
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