Rasim Exports Private Limited

Manufactures and exports ready-made garments for recognized brands, based in Chennai, India.

2002 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 04, 2024

Rasim Exports Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.95 M
  • Company Age 23 Year, 6 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.49 Cr
  • Satisfied Charges ₹ 8.70 Cr
  • Revenue Growth 87.73%
  • Profit Growth 22.42%
  • Ebitda 289.10%
  • Net Worth -9.02%
  • Total Assets -3.88%

About Rasim Exports

Rasim Exports Private Limited (REPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 January 2002 and has a history of 23 years. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile 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 1.00 Cr and a paid-up capital of Rs 7.95 M.

The company currently has active open charges totaling ₹4.49 Cr. The company has closed loans amounting to ₹8.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Varusai Mohamed, Mohamed Rasim, and Fasulunnisa serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17309TN2002PTC048357

  • Company No.

    048357

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Fashion and Textile

Who are the key members and board of directors at Rasim Exports?

Executive Team (1)

Name Designation Appointment Date Status
Varusai Mohamed Country flag representing In Managing Director 28-Sep-2005 Current

Board Members (2)

Name Designation Appointment Date Status
Mohamed Rasim Country flag representing In Director 06-Nov-2019 Current
Fasulunnisa Country flag representing In Whole-Time Director 04-Feb-2008 Current

Financial Performance of Rasim Exports.

Rasim Exports Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.73% increase. The company also saw a substantial improvement in profitability, with a 22.42% increase in profit. The company's net worth dipped by a decrease of 9.02%.

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
87.73%
Revenue from Operations
99.95%
Total Assets
-3.88%
Profit or Loss
22.42%
Net Worth
-9.02%
EBITDA
289.10%

What is the Ownership and Shareholding Structure of Rasim Exports?

In 2023, Rasim Exports 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

₹4.49 Cr

Satisfied Charges

₹8.70 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.29 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
23 Feb 2023 Hdfc Bank Limited ₹2.00 M Open
29 Apr 2002 State Bank Of India ₹4.29 Cr Open
01 Jun 2016 Others ₹4.70 Cr Satisfied
20 Sep 2006 Small Industries Development Bank Of India ₹4.00 Cr Satisfied

How Many Employees Work at Rasim Exports?

Rasim Exports has a workforce of 115 employees as of Apr 07, 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 Rasim Exports, 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 Rasim Exports'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 Rasim Exports

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Rasim Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100697437 was registered on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge with State Bank Of India of Rs. 4.29 Cr registered on 29 Apr 2002 with Charge ID 90284128 was modified on 15 Dec 2021.

    15 Dec 2021

  • Charges

    A charge registered on 01 Jun 2016 via Charge ID 100039543 with Others was fully satisfied on 25 Aug 2021.

    25 Aug 2021

  • Director Appointment

    Mohamed Rasim was appointed as a Director was appointed as a Director on 06 Nov 2019 & has been associated with this company since 5 years 2 months .

    06 Nov 2019

Frequently asked questions

  • Rasim Exports Private Limited was incorporated on 28 Jan 2002.

  • The authorized share capital of Rasim Exports Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.95 M.

  • Currently 3 directors are associated with Rasim Exports Private Limited.

    • Varusai Mohamed
    • Mohamed Rasim
    • Fasulunnisa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rasim Exports Private Limited is 18/13 Zackariya Colony 1St Street Choolaimedu, Chennai, Tamil Nadu, India, 600094.

  • The corporate identification number (CIN) of Rasim Exports Private Limited is U17309TN2002PTC048357 and the company number is 048357 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rasim Exports Private Limited is https://www.rasims.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rasim Exports Private Limited has risen by 87.73%.

  • As Per 2023 financial reports, 115 employees are currently employed by Rasim Exports Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rasim Exports Private Limited has experienced an downturn of -9.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rasim Exports Private Limited amount to ₹ 4.49 Cr.

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

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