Rathi Engineering Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 5 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.00 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth 36.41%
- Profit Growth -152.76%
- Ebitda -29.19%
- Net Worth -14.37%
- Total Assets 53.55%
About Rathi Engineering Solutions
Rathi Engineering Solutions Private Limited (RESPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 02 December 2019 (Five years and two months 2 days old ). Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹12.00 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Christian Gloor, Ajoy Rathi, Chandrakant Nanaware, and One other member serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29308PN2019PTC188129
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Company No.
188129
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Dec 2019
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
What products or services does Rathi Engineering Solutions Private Limited offer?
Rathi Engineering Solutions Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Industrial Valves, Separators, Strainers & Purifiers, Separating Machine, Rotary Valves, Industrial Mixers & Homogenizers, Powder Mixers, Knife Gate Valves, Milling & Grinding Tools, Milling Machines.
Who are the key members and board of directors at Rathi Engineering Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manan Rathi
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Managing Director | 02-Dec-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Christian Gloor
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Director | 30-Aug-2023 | Current |
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Ajoy Rathi
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Director | 02-Dec-2019 | Current |
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Chandrakant Nanaware
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Additional Director | 18-Dec-2020 | Current |
Financial Performance of Rathi Engineering Solutions.
Rathi Engineering Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.41% increase. The company also saw a substantial fall in profitability, with a 152.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.37%.
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What is the Ownership and Shareholding Structure of Rathi Engineering Solutions?
In 2023, Rathi Engineering Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Balkrishna Rathi Finance Pvt LtdAjoy Rathi is a mutual person
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Rathi Engineering LlpAjoy Rathi and Manan Rathi are mutual person
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Rathi Junglefever Llp
Ajoy Rathi and Manan Rathi are mutual person
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Unplggd Education Llp
Manan Rathi is a mutual person
Charges (Loans)
₹12.00 Cr
₹2.00 Cr
Charges Breakdown by Lending Institutions
- Others : 12.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2024 | Others | ₹8.50 Cr | Open |
| 23 May 2023 | Others | ₹3.50 Cr | Open |
| 06 Aug 2021 | Bank Of India | ₹2.00 Cr | Satisfied |
How Many Employees Work at Rathi Engineering Solutions?
Rathi Engineering Solutions has a workforce of 55 employees as of Apr 02, 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 Rathi Engineering Solutions, 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 Rathi Engineering Solutions'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.