Ratnesh Engineering Private Limited

Manufactures iron and steel products and offers storage and warehousing services.

2004 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: June 17, 2024

Ratnesh Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.02 M
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.50 Cr
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth 23.93%
  • Profit Growth 101.38%
  • Ebitda 25.72%
  • Net Worth 10.64%
  • Total Assets -1.32%

About Ratnesh Engineering

Ratnesh Engineering Private Limited (REPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 2004 and has a history of 20 years and ten months. Its registered office is in Navi Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 1.00 Cr and a paid-up capital of Rs 5.02 M.

The company currently has active open charges totaling ₹10.50 Cr. The company has closed loans amounting to ₹7.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Praveen Mathur, Jaynesh Parekh, and Abhay Mehta serve as directors at the Company.

Company Details

  • Location

    Navi Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH2004PTC145452

  • Company No.

    145452

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2004

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Ratnesh Engineering Private Limited offer?

Ratnesh Engineering Private Limited offers a wide range of products and services, including Industrial Steel, Mild Steel.

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

Board Members (3)

Name Designation Appointment Date Status
Praveen Mathur Country flag representing In Director 15-Sep-2023 Current
Jaynesh Parekh Country flag representing In Director 03-Jan-2020 Current
Abhay Mehta Country flag representing In Director 02-May-2023 Current

Financial Performance of Ratnesh Engineering.

Ratnesh Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.93% increase. The company also saw a substantial improvement in profitability, with a 101.38% increase in profit. The company's net worth Soared by an impressive increase of 10.64%.

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
23.93%
Revenue from Operations
25.03%
Total Assets
-1.32%
Profit or Loss
101.38%
Net Worth
10.64%
EBITDA
25.72%

What is the Ownership and Shareholding Structure of Ratnesh Engineering?

In 2023, Ratnesh 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.50 Cr

Satisfied Charges

₹7.50 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.50 Cr

Latest Charge Details

Date Lender Amount Status
03 Jul 2023 Axis Bank Limited ₹10.50 Cr Open
20 Oct 2016 Tata Capital Financial Services Limited ₹7.50 Cr Satisfied

How Many Employees Work at Ratnesh Engineering?

Unlock and access historical data on people associated with Ratnesh Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ratnesh 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 Ratnesh Engineering'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 Ratnesh Engineering

Recent activity within the organization

  • Charges

    A charge registered on 20 Oct 2016 via Charge ID 100058380 with Tata Capital Financial Services Limited was fully satisfied on 23 Nov 2023.

    23 Nov 2023

  • Annual General Meeting

    Ratnesh Engineering Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Praveen Mathur was appointed as a Director was appointed as a Director on 15 Sep 2023 & has been associated with this company since 1 year 4 months .

    15 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.50 Cr with Charge ID 100811242 was registered on 03 Jul 2023.

    03 Jul 2023

  • Director Appointment

    Abhay Navinbhai Mehta was appointed as a Director was appointed as a Director on 02 May 2023 & has been associated with this company since 1 year 9 months .

    02 May 2023

  • Balance Sheet

    Ratnesh Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Ratnesh Engineering Private Limited was incorporated on 31 Mar 2004.

  • The authorized share capital of Ratnesh Engineering Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.02 M.

  • Currently 3 directors are associated with Ratnesh Engineering Private Limited.

    • Praveen Mathur
    • Jaynesh Nilesh Parekh
    • Abhay Navinbhai Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ratnesh Engineering Private Limited is Plot No. L- 106Ttc Midc Taloja Tal. Panvel, Navi Mumbai, Maharashtra, India, 410208.

  • The corporate identification number (CIN) of Ratnesh Engineering Private Limited is U27100MH2004PTC145452 and the company number is 145452 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ratnesh Engineering Private Limited is https://www.ratneshgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ratnesh Engineering Private Limited has risen by 23.93%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ratnesh Engineering Private Limited has experienced an upsurge of 10.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ratnesh Engineering Private Limited amount to ₹ 10.50 Cr.

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

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