Rasik Products Private Limited

Designing, manufacturing, and marketing multi-layer coatings, films, foils, and laminates for packaging and security.

1998 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated: November 17, 2024

Rasik Products Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.03 Cr
  • Company Age 26 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 103.71 Cr
  • Satisfied Charges ₹ 52.84 Cr
  • Revenue Growth 20.60%
  • Profit Growth -24.21%
  • Ebitda 5.93%
  • Net Worth 23.29%
  • Total Assets 20.26%

About Rasik Products

Rasik Products Private Limited (RPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 December 1998 and has a history of 26 years and two months. Its registered office is in Uttar Pradesh, Uttar Pradesh.

The Company is engaged in the Packaging 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 4.50 Cr and a paid-up capital of Rs 4.03 Cr.

The company currently has active open charges totaling ₹103.71 Cr. The company has closed loans amounting to ₹52.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gopal Khandelwal, Girdhari Khandelwal, and Rasik Khandelwal serve as directors at the Company.

Company Details

  • Location
    Uttar Pradesh, Uttar Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U22211UP1998PTC024053

  • Company No.

    024053

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Packaging

What products or services does Rasik Products Private Limited offer?

Rasik Products Private Limited offers a wide range of products and services, including Paper & Paper Made Products, Printed Paper, Reflective Products & Holograms, Holographic Material, Laminated Paper, Sewing Threads, Laces & Accessories, Sequins, Packaging Films & Foils, Laminated Rolls, Holograms.

Who are the key members and board of directors at Rasik Products?

Board Members (3)

Name Designation Appointment Date Status
Rasik Khandelwal Country flag representing In Director 14-May-2004 Current
Gopal Khandelwal Country flag representing In Additional Director 18-Feb-2022 Current
Girdhari Khandelwal Country flag representing In Director 09-Dec-1998 Current

Financial Performance of Rasik Products.

Rasik Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.6% increase. The company also saw a substantial fall in profitability, with a 24.21% decrease in profit. The company's net worth Soared by an impressive increase of 23.29%.

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
20.60%
Revenue from Operations
19.59%
Total Assets
20.26%
Profit or Loss
-24.21%
Net Worth
23.29%
EBITDA
5.93%

What is the Ownership and Shareholding Structure of Rasik Products?

In 2023, Rasik Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹103.71 Cr

Satisfied Charges

₹52.84 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 63.19 Cr
  • Others : 18.51 Cr
  • Hdfc Bank Limited : 12.00 Cr
  • Syndicate Bank : 5.18 Cr
  • Sidbi : 4.82 Cr

Latest Charge Details

Date Lender Amount Status
05 Mar 2024 Others ₹5.00 M Open
04 Mar 2024 Others ₹6.00 M Open
10 Nov 2023 Canara Bank ₹4.00 M Open
06 Oct 2023 Hdfc Bank Limited ₹12.00 Cr Open
13 Sep 2023 Canara Bank ₹5.00 Cr Open

How Many Employees Work at Rasik Products?

Rasik Products has a workforce of 213 employees as of Jul 14, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rasik Products, 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 Rasik Products'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 Rasik Products

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100875223 was registered on 05 Mar 2024.

    05 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100875219 was registered on 04 Mar 2024.

    04 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.40 Cr with Charge ID 100827812 was registered on 10 Nov 2023.

    10 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100829936 was registered on 06 Oct 2023.

    06 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 5.00 Cr with Charge ID 100827813 was registered on 13 Sep 2023.

    13 Sep 2023

Frequently asked questions

  • Rasik Products Private Limited was incorporated on 09 Dec 1998.

  • The authorized share capital of Rasik Products Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.03 Cr.

  • Currently 3 directors are associated with Rasik Products Private Limited.

    • Gopal Khandelwal
    • Girdhari Lal Khandelwal
    • Rasik Khandelwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rasik Products Private Limited is 141Km Delhi Agra Bye Passnear Alwer Rly Briage Krishna Nagar Mathura India, Uttar Pradesh.

  • The corporate identification number (CIN) of Rasik Products Private Limited is U22211UP1998PTC024053 and the company number is 024053 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rasik Products Private Limited is https://www.rasikfoils.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rasik Products Private Limited has risen by 20.60%.

  • As Per 2023 financial reports, 213 employees are currently employed by Rasik Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rasik Products Private Limited has experienced an upsurge of 23.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rasik Products Private Limited amount to ₹ 103.71 Cr.

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

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