Ratnaveer Precision Engineering Profile
Key Indicators
- Authorised Capital ₹ 53.00 Cr
as on 29-01-2024
- Paid Up Capital ₹ 48.50 Cr
as on 29-01-2024
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 410.24 Cr
as on 29-01-2024
- Satisfied Charges ₹ 406.60 Cr
as on 29-01-2024
- Revenue 17.04%
(FY 2022)
- Profit 50.25%
(FY 2022)
- Ebitda -55.23%
(FY 2022)
- Net Worth 11.70%
(FY 2022)
- Total Assets 19.71%
(FY 2022)
About Ratnaveer Precision Engineering
The Corporate was formerly known as Ratnaveer Metals Private Limited. The Company is engaged in the Metals And Minerals 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 53.00 Cr and a paid-up capital of Rs 48.50 Cr.
The company currently has active open charges totaling ₹410.24 Cr. The company has closed loans amounting to ₹406.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ratnaveer Precision Engineering Limited India are Prerana Trivedi as COMPANY SECRETARY and Vijay Sanghavi as Cfo. Binita Verdia, Sreeram Rishinaradamangalam, Babulal Chaplot, and Three other members serve as directors at the Company.
- CIN/LLPIN
U27108GJ2002PLC040488
- Company No.
040488
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Feb 2002
- Date of AGM
10 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Ratnaveer Precision Engineering Limited offer?
Ratnaveer Precision Engineering Limited offers a wide range of products and services, including Stainless Steel Sheet, Mirror Finish Stainless Steel Sheet, Steel Bars, Rods, Plates & Sheets, Designer Stainless Steel Sheet, Metal & Metal Made Products, Metal Washers, Stainless Steel Washers, Mounting Accessories, Mounting Hardware, Stainless Steel Pipes.
Who are the key members and board of directors at Ratnaveer Precision Engineering?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Sanghavi  | Managing Director | 20-Feb-2002 | Current |
| Prerana Trivedi | Company Secretary | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sreeram Rishinaradamangalam | Director | 16-Apr-2022 | Current |
| Binita Verdia | Director | 07-Sep-2022 | Current |
| Babulal Chaplot | Whole-Time Director | 13-Jun-2011 | Current |
| Bharatbhai Shah | Director | 16-Apr-2022 | Current |
| Karuna Advani | Additional Director | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ratnaveer Precision Engineering?
In 2021, Ratnaveer Precision Engineering 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)
Parth Electricals & Engineering Private LimitedActive 17 years 7 monthsKaruna Advani is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Jun 2023 | ₹1.09 M | Open |
Others Creation Date: 14 Sep 2022 | ₹12.00 Cr | Open |
Others Creation Date: 03 Mar 2022 | ₹25.25 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ratnaveer Precision Engineering, 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 Ratnaveer Precision Engineering'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.
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