Ratna Gears Private Limited

Manufactures and supplies various types of gears and gear boxes for industrial and engineering purposes.

2005 | Pune, Maharashtra (India) | Active
Last Updated: December 28, 2024

Ratna Gears Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.79 Cr
  • Satisfied Charges ₹ 1.74 Cr
  • Revenue Growth 52.08%
  • Profit Growth 221.21%
  • Ebitda 33.00%
  • Net Worth 26.78%
  • Total Assets 19.98%

About Ratna Gears

Ratna Gears Private Limited (RGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 December 2005 and has a history of 19 years and one month. 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹5.79 Cr. The company has closed loans amounting to ₹1.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prakash Mahajan, Snehal Mahajan, Mahaveer Mahajan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29130PN2005PTC021673

  • Company No.

    021673

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Ratna Gears Private Limited offer?

Ratna Gears Private Limited offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Industrial Coupling, Industrial Gearboxes, Reduction Gear Boxes, Machine & Precision Tools, Assembly Tools, Gearbox, Axle, Sprocket & Gear Parts, Industrial Gears, Steel Plates, Pressure Vessel Steel Plate.

Who are the key members and board of directors at Ratna Gears?

Board Members (5)

NameDesignationAppointment DateStatus
Prakash Mahajan Country flag representing In Director 13-Dec-2005Current
Snehal Mahajan Country flag representing In Director 13-Dec-2005Current
Mahaveer Mahajan Country flag representing In Director 13-Dec-2005Current
Suvarna Mahajan Country flag representing In Director 15-Apr-2009Current
Nitish Mahajan Country flag representing In Additional Director 01-Apr-2012Current

Financial Performance of Ratna Gears.

Ratna Gears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.08% increase. The company also saw a substantial improvement in profitability, with a 221.21% increase in profit. The company's net worth Soared by an impressive increase of 26.78%.

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
52.08%
Revenue from Operations
51.88%
Total Assets
19.98%
Profit or Loss
221.21%
Net Worth
26.78%
EBITDA
33.00%

What is the Ownership and Shareholding Structure of Ratna Gears?

Unlock access to Ratna Gears's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.89 M

Satisfied Charges

₹17.38 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 2.47 Cr
  • Nkgsb Co-Op Bank Ltd : 1.81 Cr
  • Others : 1.04 Cr
  • Sidbi : 0.47 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jan 2024Sidbi₹4.75 MOpen
27 Jul 2020Yes Bank Limited₹4.72 MOpen
29 Jun 2020Others₹1.20 MOpen
11 Feb 2019Others₹5.07 MOpen
05 Sep 2018Yes Bank Limited₹2.00 CrOpen

How Many Employees Work at Ratna Gears?

Ratna Gears has a workforce of 56 employees as of Mar 27, 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 Ratna Gears, 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 Ratna Gears'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 Ratna Gears

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 4.75 M with Charge ID 100853563 was registered on 25 Jan 2024.

    25 Jan 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 4.72 M with Charge ID 100357313 was registered on 27 Jul 2020.

    27 Jul 2020

  • Charges

    A charge with Others amounted to Rs. 1.20 M with Charge ID 100368894 was registered on 29 Jun 2020.

    29 Jun 2020

  • Charges

    A charge with Yes Bank Limited of Rs. 20.00 M registered on 05 Sep 2018 with Charge ID 100213368 was modified on 30 Sep 2019.

    30 Sep 2019

Frequently asked questions

  • Ratna Gears Private Limited was incorporated on 13 Dec 2005.

  • The authorized share capital of Ratna Gears Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 5 directors are associated with Ratna Gears Private Limited.

    • Prakash Annasaheb Mahajan
    • Snehal Mahaveer Mahajan
    • Mahaveer Annasaheb Mahajan
    • Suvarna Annasaheb Mahajan
    • Nitish Prakash Mahajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ratna Gears Private Limited is 95 108 Swami Vivekanand Industrial Estate Handewadi Road, Hadapsar India, Pune, Maharashtra, 411028.

  • The corporate identification number (CIN) of Ratna Gears Private Limited is U29130PN2005PTC021673 and the company number is 021673 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ratna Gears Private Limited is https://www.ratnagears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ratna Gears Private Limited has risen by 52.08%.

  • As Per 2023 financial reports, 56 employees are currently employed by Ratna Gears Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ratna Gears Private Limited has experienced an upsurge of 26.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ratna Gears Private Limited amount to ₹ 5.79 Cr.

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

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