Rasika Motors Private Limited

Company deals in buying, selling, importing, and distributing motor vehicles of various types.

2005 | Kolhapur, Maharashtra (India) | Active
Last Updated: October 24, 2024

Rasika Motors Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.94 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.92 Cr
  • Satisfied Charges ₹ 26.26 Cr
  • Revenue Growth 20.98%
  • Profit Growth 1605.14%
  • Ebitda 42.31%
  • Net Worth 17.54%
  • Total Assets 15.06%

About Rasika Motors

Rasika Motors Private Limited (RMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 2005 and has a history of 19 years and 11 months. Its registered office is in Kolhapur, Maharashtra, India.

The Company is engaged in the Automotive 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 3.50 Cr and a paid-up capital of Rs 2.94 Cr.

The company currently has active open charges totaling ₹12.92 Cr. The company has closed loans amounting to ₹26.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

Indrajeet Konduskar, Prabhakar Konduskar, and Varsha Konduskar serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50102PN2005PTC020326

  • Company No.

    020326

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

What products or services does Rasika Motors Private Limited offer?

Rasika Motors Private Limited offers a wide range of products and services, including Motorcycles and Cars, Cars, Honda Car, Motor Cars.

Who are the key members and board of directors at Rasika Motors?

Board Members (3)

Name Designation Appointment Date Status
Indrajeet Konduskar Country flag representing In Director 24-Feb-2005 Current
Prabhakar Konduskar Country flag representing In Director 24-Feb-2005 Current
Varsha Konduskar Country flag representing In Director Current

Financial Performance of Rasika Motors.

Rasika Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.98% increase. The company also saw a substantial improvement in profitability, with a 1605.14% increase in profit. The company's net worth Soared by an impressive increase of 17.54%.

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
20.98%
Revenue from Operations
20.55%
Total Assets
15.06%
Profit or Loss
1605.14%
Net Worth
17.54%
EBITDA
42.31%

What is the Ownership and Shareholding Structure of Rasika Motors?

In 2023, Rasika Motors 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

₹12.92 Cr

Satisfied Charges

₹26.26 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 12.50 Cr
  • Kotak Mahindra Prime Ltd. : 0.19 Cr
  • Sundaram Finance Limited : 0.15 Cr
  • Icici Bank Ltd. : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
01 Jan 2015 State Bank Of India ₹12.50 Cr Open
21 May 2010 Sundaram Finance Limited ₹0.82 M Open
30 Jan 2010 Kotak Mahindra Prime Ltd. ₹1.20 M Open
21 Jul 2009 Kotak Mahindra Prime Ltd. ₹0.71 M Open
24 Apr 2009 Sundaram Finance Limited ₹0.70 M Open

How Many Employees Work at Rasika Motors?

Rasika Motors has a workforce of 58 employees as of Apr 06, 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 Rasika Motors, 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 Rasika Motors'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 Rasika Motors

Recent activity within the organization

  • Annual General Meeting

    Rasika Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 09 Oct 2009 via Charge ID 10179744 with Kotak Mahindra Bank Limited was fully satisfied on 21 Sep 2024.

    21 Sep 2024

  • Balance Sheet

    Rasika Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 01 Jan 2015 via Charge ID 10546541 with State Bank Of India was fully satisfied on 26 Dec 2023.

    26 Dec 2023

  • Charges

    A charge registered on 30 Jul 2007 via Charge ID 10061395 with Kotak Mahindra Prime Limited was fully satisfied on 13 Oct 2023.

    13 Oct 2023

  • Charges

    A charge registered on 21 Apr 2017 via Charge ID 100104858 with Others was fully satisfied on 03 Jun 2023.

    03 Jun 2023

Frequently asked questions

  • Rasika Motors Private Limited was incorporated on 24 Feb 2005.

  • The authorized share capital of Rasika Motors Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.94 Cr.

  • Currently 3 directors are associated with Rasika Motors Private Limited.

    • Indrajeet Prabhakar Konduskar
    • Prabhakar Marutirao Konduskar
    • Varsha Indrajeet Konduskar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rasika Motors Private Limited is Riverside Honda Plot No. 52 Opposite Shiroli Octroi Naka India, Kolhapur, Maharashtra, 416122.

  • The corporate identification number (CIN) of Rasika Motors Private Limited is U50102PN2005PTC020326 and the company number is 020326 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rasika Motors Private Limited has risen by 20.98%.

  • As Per 2023 financial reports, 58 employees are currently employed by Rasika Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rasika Motors Private Limited has experienced an upsurge of 17.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rasika Motors Private Limited amount to ₹ 12.92 Cr.

  • The most recent Balance Sheet for Rasika Motors Private Limited was filed with the ROC on 31 Mar 2024.

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