Ratnaveer Precision Engineering Limited logo

Ratnaveer Precision Engineering Limited

Manufactures stainless steel products for various applications since 2002.
2002 | Vadodara, Gujarat (India) | Active

Last Updated:

January 29, 2024
HomeCompanyRatnaveer Precision Engineering Limited

Who are the key members and board of directors at Ratnaveer Precision Engineering?

Executive Team (2)

NameDesignationAppointment DateStatus
Vijay Sanghavi InManaging Director20-Feb-2002Current
Prerana TrivediCompany SecretaryCurrent

Board Members(5)

NameDesignationAppointment DateStatus
Sreeram Rishinaradamangalam In Director 16-Apr-2022Current
Binita Verdia In Director 07-Sep-2022Current
Babulal Chaplot In Whole-Time Director 13-Jun-2011Current
Bharatbhai Shah In Director 16-Apr-2022Current
Karuna Advani In Additional Director Current

Financial Performance of Ratnaveer Precision Engineering.

Ratnaveer Precision Engineering Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.04% increase. The company also saw a substantial improvement in profitability, with a 50.25% increase in profit. The company's net worth Soared by an impressive increase of 11.7%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.04%
Revenue from Operations
18.05%
Total Assets
19.71%
Profit or Loss
50.25%
Net Worth
11.70%
EBITDA
-55.23%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹410.24 Cr

₹406.60 Cr

LenderAmountStatus

Others

Creation Date: 22 Jun 2023
₹1.09 MOpen

Others

Creation Date: 14 Sep 2022
₹12.00 CrOpen

Others

Creation Date: 03 Mar 2022
₹25.25 CrOpen

How Many Employees Work at Ratnaveer Precision Engineering?

Ratnaveer Precision Engineering has a workforce of 136 employees as of Apr 03, 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.

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Latest Updates, News, and FAQs on Ratnaveer Precision Engineering

Recent activity within the organization

  • Annual General Meeting

    Ratnaveer Precision Engineering Limited last Annual general meeting of members was held on 10 Jul 2023 as per latest MCA records.

    10 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100736731 was registered on 22 Jun 2023.

    22 Jun 2023

  • Balance Sheet

    Ratnaveer Precision Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 12.00 Cr registered on 14 Sep 2022 with Charge ID 100614286 was modified on 20 Jan 2023.

    20 Jan 2023

  • Charges

    A charge with Others of Rs. 175.49 Cr registered on 15 May 2021 with Charge ID 100446823 was modified on 09 Jan 2023.

    09 Jan 2023

  • Charges

    A charge with Others of Rs. 175.49 Cr registered on 12 May 2021 with Charge ID 100446126 was modified on 09 Jan 2023.

    09 Jan 2023

Recent News, Updates & Announcement

  • news
    Ratnaveer IPO Set for Strong Debut with Predicted Premium of ₹60 on 11th September 2023.

    When Ratnaveer IPO will be listed on 11th September 2023, it will open at around ₹150 levels in bear case and ₹165 levels in bull case. The grey market is also predicting a strong debut with a premium of ₹60. Experts say that the company has shown good growth and the IPO was reasonably priced. In case of a strong market opening, the IPO may list at around ₹165 levels. In weak market, it may still give 50% listing gain at ₹150 levels..

    11 Sep 2023 mint

Frequently asked questions

  • Ratnaveer Precision Engineering Limited was incorporated on 20 Feb 2002.

  • The authorized share capital of Ratnaveer Precision Engineering Limited is ₹ 53.00 Cr and paid-up capital is ₹ 48.50 Cr.

  • Currently 8 directors are associated with Ratnaveer Precision Engineering Limited.

    • Binita Verdia
    • Sreeram Vishwanathan Rishinaradamangalam
    • Babulal Sohanlal Chaplot
    • Bharatbhai Kanchanlal Shah
    • Vijay Ramanlal Sanghavi
    • Prerana Trivedi
    • Vijay Ramanlal Sanghavi
    • Karuna Vinod Advani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ratnaveer Precision Engineering Limited is E- 77 G I D Csavli (Manjusar), Dist, Baroda, Gujarat, India, 391775.

  • The corporate identification number (CIN) of Ratnaveer Precision Engineering Limited is U27108GJ2002PLC040488 and the company number is 040488 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ratnaveer Precision Engineering Limited is https://www.ratnaveer.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ratnaveer Precision Engineering Limited has risen by 17.04%.

  • As Per 2022 financial reports, 136 employees are currently employed by Ratnaveer Precision Engineering Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ratnaveer Precision Engineering Limited has experienced an upsurge of 11.70%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ratnaveer Precision Engineering Limited amount to ₹ 410.24 Cr.

  • The most recent Balance Sheet for Ratnaveer Precision Engineering Limited was filed with the ROC on 31 Mar 2023.

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