Rave Gears India Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.99 Cr
- Company Age 7 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.17 Cr
- Revenue Growth 489.77%
- Profit Growth -172.75%
- Ebitda -179.62%
- Net Worth 46.16%
- Total Assets 45.51%
About Rave Gears India
Rave Gears India Limited (RGIL) is a Public Limited Indian Non-Government Company incorporated in India on 15 May 2017 (Seven years and ten months 12 days old ). Its registered office is in 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 3.00 Cr and a paid-up capital of Rs 1.99 Cr.
The company currently has active open charges totaling ₹2.17 Cr.
Vipin Jain, Vishnu Patel, Dilip Patel, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34100MH2017PLC294855
- Company No.
294855
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 May 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
Business Outsourcing
Who are the key members and board of directors at Rave Gears India?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipin Jain  | Director | 01-Apr-2022 | Current |
Vishnu Patel  | Director | 01-Apr-2022 | Current |
| Dilip Patel | Director | 01-Apr-2022 | Current |
| Nimish Mehta | Director | 15-May-2017 | Current |
Financial Performance of Rave Gears India.
Rave Gears India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 489.77% increase. The company also saw a substantial fall in profitability, with a 172.75% decrease in profit. The company's net worth Soared by an impressive increase of 46.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rave Gears India?
In 2023, Rave Gears India had a promoter holding of 43.94% and a public holding of 56.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Skanda Aerospace Technology Private LimitedNimish Mehta is a mutual person
- Ansox Industries Private Limited
Vipin Jain is a mutual person
- Daksh Investments Advisory Services Limited
Vipin Jain is a mutual person
- Dilvish Realties Private Limited
Vishnu Patel and Dilip Patel are mutual person
Charges (Loans)
Open Charges
₹2.17 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2023 | Axis Bank Limited | ₹2.17 Cr | Open |
How Many Employees Work at Rave Gears India?
Unlock and access historical data on people associated with Rave Gears India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rave Gears India, 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 Rave Gears India'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.
Latest Updates, News, and FAQs on Rave Gears India
Recent activity within the organization
- Annual General Meeting
Rave Gears India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Axis Bank Limited amounted to Rs. 2.17 Cr with Charge ID 100747473 was registered on 30 Jun 2023.
- Balance Sheet
Rave Gears India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Vipin Naginlal Jain was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 11 months .
- Director Appointment
Vishnu P Patel was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 11 months .
- Director Appointment
Dilip Punambhai Patel was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 11 months .
Recent News, Updates & Announcement
Adani Defence, Punj Lloyd, Rave Gears join hands to make aerospace gears | Mint.The collaboration between Adani Defence, Punj Lloyd and Rave Gears intends to manufacture gears and gear assemblies mainly for rotary platforms, currently under production in India.
Frequently asked questions
What is the Incorporation or founding date of Rave Gears India Limited?
Rave Gears India Limited was incorporated on 15 May 2017.
What is authorized share capital and paid-up capital of Rave Gears India Limited?
The authorized share capital of Rave Gears India Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.99 Cr.
Who are the current board members & directors of Rave Gears India Limited?
Currently 4 directors are associated with Rave Gears India Limited.
- Vipin Naginlal Jain
- Vishnu P Patel
- Dilip Punambhai Patel
- Nimish Shashikant Mehta
What is the registered address of Rave Gears India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rave Gears India Limited is 7 Floor-Grd Plot-147 7/7A Shree Ram Estate Tokersey Jivraj Road Sewree, India, Mumbai, Maharashtra, 400015.
What is the corporate identification number (CIN) and company number of Rave Gears India Limited?
The corporate identification number (CIN) of Rave Gears India Limited is U34100MH2017PLC294855 and the company number is 294855 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rave Gears India Limited?
The Official website of Rave Gears India Limited is https://www.ravegears.com
What has been the recent revenue trend for Rave Gears India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rave Gears India Limited has risen by 489.77%.
What change has been observed in the net worth of Rave Gears India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rave Gears India Limited has experienced an upsurge of 46.16%.
What are the total open charges for Rave Gears India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rave Gears India Limited amount to ₹ 2.17 Cr.
When was the last Balance Sheet of Rave Gears India Limited filed with the ROC?
The most recent Balance Sheet for Rave Gears India Limited was filed with the ROC on 31 Mar 2023.
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