Rational Handloom Company Private Limited

Retail company specializing in handicrafts, handloom, food, FMCG, apparel, and home furnishings.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Rational Handloom Company Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.37 Cr
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 51.00 Cr
  • Satisfied Charges ₹ 154.53 Cr
  • Revenue Growth 8.45%
  • Profit Growth 79.10%
  • Ebitda 9.38%
  • Net Worth 4.44%
  • Total Assets -12.76%

About Rational Handloom Company

Rational Handloom Company Private Limited (RHCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 1997 and has a history of 27 years and 11 months. Its registered office is in Mumbai, Maharashtra.

The Company is engaged in the Consumer Goods 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 20.00 Cr and a paid-up capital of Rs 19.37 Cr.

The company currently has active open charges totaling ₹51.00 Cr. The company has closed loans amounting to ₹154.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rational Handloom Company Private Limited India is Pramila Chopra as COMPANY SECRETARY. Sunita Mehta and Veer Mehta serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1997PTC106981

  • Company No.

    106981

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Rational Handloom Company Private Limited offer?

Rational Handloom Company Private Limited offers a wide range of products and services, including Casual Sandal, Men Sandals, Men, Women & Kids Footwear, Formal Shoes, School Shoes, Casual Shoes, Men Casual Shoes, Paragon Formal Shoes, Leather Belt, Men Leather Belt.

Who are the key members and board of directors at Rational Handloom Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Pramila Chopra Company Secretary16-May-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Sunita Mehta Country flag representing In Director 31-Mar-1997Current
Veer Mehta Director 02-Jan-2023Current

Financial Performance of Rational Handloom Company.

Rational Handloom Company Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.45% increase. The company also saw a substantial improvement in profitability, with a 79.1% increase in profit. The company's net worth moved up by a moderate rise of 4.44%.

Rational Handloom Company revenue growth over time
Rational Handloom Company 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
8.45%
Revenue from Operations
8.43%
Total Assets
-12.76%
Profit or Loss
79.10%
Net Worth
4.44%
EBITDA
9.38%

What is the Ownership and Shareholding Structure of Rational Handloom Company?

In 2023, Rational Handloom Company 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

₹51.00 Cr

Satisfied Charges

₹154.53 Cr

Charges Breakdown by Lending Institutions

  • Others : 51.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2024Others₹10.00 CrOpen
31 Jan 2024Others₹41.00 CrOpen
03 Jun 2022State Bank Of India₹10.00 CrSatisfied
04 Feb 2014Small Industries Development Bank Of India(Sidbi)₹9.50 CrSatisfied
30 Jul 2010State Bank Of India₹45.00 CrSatisfied

How Many Employees Work at Rational Handloom Company?

Rational Handloom Company has a workforce of 365 employees as of Mar 22, 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.

Employee growth trends for Rational Handloom Company Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rational Handloom Company, 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 Rational Handloom Company'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 Rational Handloom Company

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge registered on 30 Jul 2010 via Charge ID 10237903 with State Bank Of India was fully satisfied on 30 Apr 2024.

  • Charges

    A charge registered on 21 Jul 2010 via Charge ID 10238105 with State Bank Of India was fully satisfied on 30 Apr 2024.

  • Balance Sheet

    Rational Handloom Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 31 Jan 2024 with Charge ID 100863913 was modified on 16 Feb 2024.

  • Charges

    A charge with Others of Rs. 41.00 Cr registered on 31 Jan 2024 with Charge ID 100863914 was modified on 16 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Rational Handloom Company Private Limited?

    Rational Handloom Company Private Limited was incorporated on 31 Mar 1997.

  • What is authorized share capital and paid-up capital of Rational Handloom Company Private Limited?

    The authorized share capital of Rational Handloom Company Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 19.37 Cr.

  • Who are the current board members & directors of Rational Handloom Company Private Limited?

    Currently 3 directors are associated with Rational Handloom Company Private Limited.

    • Sunita Lalitkumar Mehta
    • Veer Mehta
    • Pramila Chopra
  • What is the registered address of Rational Handloom Company Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rational Handloom Company Private Limited is Flat No. 203 A Wing Raheja Solitaire Udyog Nagar Near Mtnl Off S.V. Road, Goregao N(West) India, Mumbai, Maharashtra, 400062.

  • What is the corporate identification number (CIN) and company number of Rational Handloom Company Private Limited?

    The corporate identification number (CIN) of Rational Handloom Company Private Limited is U99999MH1997PTC106981 and the company number is 106981 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rational Handloom Company Private Limited?

    The Official website of Rational Handloom Company Private Limited is https://www.nationalhandloomcorp.com

  • What has been the recent revenue trend for Rational Handloom Company Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rational Handloom Company Private Limited has risen by 8.45%.

  • How many employees does Rational Handloom Company Private Limited currently have?

    As Per 2023 financial reports, 365 employees are currently employed by Rational Handloom Company Private Limited.

  • What change has been observed in the net worth of Rational Handloom Company Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rational Handloom Company Private Limited has experienced an upsurge of 4.44%.

  • What are the total open charges for Rational Handloom Company Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rational Handloom Company Private Limited amount to ₹ 51.00 Cr.

  • When was the last Balance Sheet of Rational Handloom Company Private Limited filed with the ROC?

    The most recent Balance Sheet for Rational Handloom Company Private Limited was filed with the ROC on 31 Mar 2024.

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