Rasvick Apparels Private Limited

Trading ready-made garments since 1981, based in Mumbai, Maharashtra.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Rasvick Apparels Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 43 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.37 Cr
  • Satisfied Charges ₹ 1.28 M
  • Revenue Growth 32.40%
  • Profit Growth -60.49%
  • Ebitda 65.79%
  • Net Worth 6.54%
  • Total Assets -0.21%

About Rasvick Apparels

Rasvick Apparels Private Limited (RAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 June 1981 and has a history of 43 years and eight months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 1.60 M.

The company currently has active open charges totaling ₹4.37 Cr. The company has closed loans amounting to ₹1.28 M, as per Ministry of Corporate Affairs (MCA) records.

Hiren Zaveri and Vikram Zaveri serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rasvick.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101MH1981PTC024589

  • Company No.

    024589

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile

Who are the key members and board of directors at Rasvick Apparels?

Board Members (2)

NameDesignationAppointment DateStatus
Hiren Zaveri Country flag representing In Director 09-Jun-1981Current
Vikram Zaveri Country flag representing In Director 09-Jun-1983Current

Financial Performance of Rasvick Apparels.

Rasvick Apparels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.4% increase. The company also saw a substantial fall in profitability, with a 60.49% decrease in profit. The company's net worth moved up by a moderate rise of 6.54%.

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
32.40%
Revenue from Operations
56.23%
Total Assets
-0.21%
Profit or Loss
-60.49%
Net Worth
6.54%
EBITDA
65.79%

What is the Ownership and Shareholding Structure of Rasvick Apparels?

In 2023, Rasvick Apparels 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

₹43.73 M

Satisfied Charges

₹1.28 M

Charges Breakdown by Lending Institutions

  • Others : 3.42 Cr
  • Punjaba & Sind Bank : 0.75 Cr
  • Punjab & Sind Bank : 0.15 Cr
  • Bank Of India : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2020Others₹3.70 MOpen
02 Jun 2007Punjab & Sind Bank₹1.50 MOpen
27 Sep 1995Punjaba & Sind Bank₹7.50 MOpen
07 Jan 1993Others₹3.05 CrOpen
19 Feb 1983Bank Of India₹0.50 MOpen

How Many Employees Work at Rasvick Apparels?

Rasvick Apparels has a workforce of 98 employees as of Apr 05, 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 Rasvick Apparels, 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 Rasvick Apparels'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 Rasvick Apparels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Rasvick Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3.70 M with Charge ID 100392187 was registered on 15 Jul 2020.

    15 Jul 2020

  • Charges

    A charge with Others of Rs. 30.53 M registered on 07 Jan 1993 with Charge ID 90222136 was modified on 21 Dec 2017.

    21 Dec 2017

  • Charges

    A charge with Punjab & Sind Bank amounted to Rs. 1.50 M with Charge ID 10059930 was registered on 02 Jun 2007.

    02 Jun 2007

  • Charges

    A charge with Punjaba & Sind Bank amounted to Rs. 7.50 M with Charge ID 90222545 was registered on 27 Sep 1995.

    27 Sep 1995

Frequently asked questions

  • Rasvick Apparels Private Limited was incorporated on 09 Jun 1981.

  • The authorized share capital of Rasvick Apparels Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.60 M.

  • Currently 2 directors are associated with Rasvick Apparels Private Limited.

    • Hiren Kumudbhai Zaveri
    • Vikram Kumudchandra Zaveri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rasvick Apparels Private Limited is C-17 Shreeram Industrial Estate G.D Ambekar Marg, Opp Wadala Udyog Bhavan India, Mumbai, Maharashtra, 400031.

  • The corporate identification number (CIN) of Rasvick Apparels Private Limited is U18101MH1981PTC024589 and the company number is 024589 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rasvick Apparels Private Limited is https://www.rasvick.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rasvick Apparels Private Limited has risen by 32.40%.

  • As Per 2023 financial reports, 98 employees are currently employed by Rasvick Apparels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rasvick Apparels Private Limited has experienced an upsurge of 6.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rasvick Apparels Private Limited amount to ₹ 4.37 Cr.

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