Raymond Luxury Cottons Profile
Key Indicators
- Authorised Capital ₹ 210.00 Cr
- Paid Up Capital ₹ 127.68 Cr
- Company Age 20 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 275.00 Cr
- Satisfied Charges ₹ 629.70 Cr
- Revenue Growth 33.59%
- Profit Growth 986.10%
- Ebitda 36.94%
- Net Worth 5.69%
- Total Assets -5.08%
About Raymond Luxury Cottons
Raymond Luxury Cottons Limited (RLCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 October 2004 and has a history of 20 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Raymond Zambaiti Limited. The Company is engaged in the Manufacturing 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 210.00 Cr and a paid-up capital of Rs 127.68 Cr.
The company currently has active open charges totaling ₹275.00 Cr. The company has closed loans amounting to ₹629.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Raymond Luxury Cottons Limited India are Srinivasa Vajha as CFO and Mohammad Siddiqui as Company Secretary. Anupam Dikshit, Vijay Patil, and Rashmi Mundada 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
U17120MH2004PLC149276
- Company No.
149276
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Oct 2004
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Raymond Luxury Cottons Limited offer?
Raymond Luxury Cottons Limited offers a wide range of products and services, including Apparel & Clothing Fabric, Shirting Fabrics, Apparel Fabrics & Clothing Textiles, Apparel Denim Fabric.
Who are the key members and board of directors at Raymond Luxury Cottons?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasa Vajha  | CFO | 23-Oct-2019 | Current |
| Mohammad Siddiqui | Company Secretary | 22-Oct-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anupam Dikshit | Whole-Time Director | 22-Aug-2024 | Current |
| Vijay Patil | Director | 08-Feb-2021 | Current |
| Rashmi Mundada | Director | 16-Mar-2018 | Current |
Financial Performance of Raymond Luxury Cottons.
Raymond Luxury Cottons Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.59% increase. The company also saw a substantial improvement in profitability, with a 986.1% increase in profit. The company's net worth moved up by a moderate rise of 5.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Raymond Luxury Cottons?
In 2023, Raymond Luxury Cottons had a promoter holding of 75.69% and a public holding of 24.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Retail Hub Solutions LimitedVijay Patil and Rashmi Mundada are mutual person
Jk Files & Engineering LimitedRashmi Mundada is a mutual person
Ring Plus Aqua LimitedRashmi Mundada is a mutual person
- Raymond Woollen Outerwear Limited
Vijay Patil is a mutual person
- Celebrations Apparel Limited
Vijay Patil is a mutual person
- Everblue Apparel Limited
Vijay Patil is a mutual person
Charges (Loans)
Open Charges
₹275.00 Cr
Satisfied Charges
₹629.70 Cr
Charges Breakdown by Lending Institutions
- Others : 157.50 Cr
- State Bank Of India : 117.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2014 | Others | ₹40.00 Cr | Open |
| 07 Nov 2012 | Others | ₹117.50 Cr | Open |
| 19 Aug 2005 | State Bank Of India | ₹117.50 Cr | Open |
| 28 Mar 2023 | Others | ₹65.00 Cr | Satisfied |
| 21 Dec 2021 | Others | ₹6.22 Cr | Satisfied |
How Many Employees Work at Raymond Luxury Cottons?
Raymond Luxury Cottons has a workforce of 1588 employees as of Apr 04, 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 Raymond Luxury Cottons, 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 Raymond Luxury Cottons'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 Raymond Luxury Cottons
Recent activity within the organization
- Annual General Meeting
Raymond Luxury Cottons Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Director Appointment
Anupam Dikshit was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Aug 2024 & has been associated with this company since 7 months 5 days .
- Charges
A charge with Others of Rs. 117.50 Cr registered on 07 Nov 2012 with Charge ID 10389791 was modified on 28 May 2024.
- Charges
A charge with State Bank Of India of Rs. 117.50 Cr registered on 19 Aug 2005 with Charge ID 80007223 was modified on 07 May 2024.
- Balance Sheet
Raymond Luxury Cottons Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 01 Aug 2016 via Charge ID 100049867 with Others was fully satisfied on 20 Mar 2024.
Recent News, Updates & Announcement
- Raymond is spending millions on SAP, Microsoft, PwC, and Accenture to rewire the company | Business Insider India.
The suits maker wants to become a lifestyle experience company targeting 'newly grown ups'. The investments are going into rebuilding the entire value chain and the biggest chunk of the money is being spent on technology and digital infrastructure..
- Raymond Ltd Sells 20-Acre Land Parcel in Thane to VRSA for ₹700 Crore, Boosting Development and Job Opportunities.
Raymond Ltd is selling a 20-acre land parcel in Thane to VRSA for ₹700 crore. This is part of their plan to monetize assets. The land will be used for commercial development and create job opportunities. Raymond is also launching a residential project in the area. This is a big investment and will bring more development to Thane. VRSA is excited to work with Raymond on this project..
- Raymond Aims To Have A Network Of 2,000 Stores By 2021.
Raymond, which opened its 1,000th Raymond branded store in Surat, has plans to add another 500 stores in the next two years..
Frequently asked questions
What is the Incorporation or founding date of Raymond Luxury Cottons Limited?
Raymond Luxury Cottons Limited was incorporated on 27 Oct 2004.
What is authorized share capital and paid-up capital of Raymond Luxury Cottons Limited?
The authorized share capital of Raymond Luxury Cottons Limited is ₹ 210.00 Cr and paid-up capital is ₹ 127.68 Cr.
Who are the current board members & directors of Raymond Luxury Cottons Limited?
Currently 5 directors are associated with Raymond Luxury Cottons Limited.
- Anupam Dikshit
- Vijay Nana Patil
- Rashmi Brijgopal Mundada
- Srinivasa Bharadwaja Vajha
- Mohammad Waqar Siddiqui
What is the registered address of Raymond Luxury Cottons Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Raymond Luxury Cottons Limited is New Hind House Narottammorarji Marg Ballard Estate Fort India, Mumbai, Maharashtra, 400001.
What is the corporate identification number (CIN) and company number of Raymond Luxury Cottons Limited?
The corporate identification number (CIN) of Raymond Luxury Cottons Limited is U17120MH2004PLC149276 and the company number is 149276 as per Ministry of Corporate Affairs (MCA).
What is the official website of Raymond Luxury Cottons Limited?
The Official website of Raymond Luxury Cottons Limited is https://www.raymond.in
What has been the recent revenue trend for Raymond Luxury Cottons Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Raymond Luxury Cottons Limited has risen by 33.59%.
How many employees does Raymond Luxury Cottons Limited currently have?
As Per 2023 financial reports, 1588 employees are currently employed by Raymond Luxury Cottons Limited.
What change has been observed in the net worth of Raymond Luxury Cottons Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Raymond Luxury Cottons Limited has experienced an upsurge of 5.69%.
What are the total open charges for Raymond Luxury Cottons Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Raymond Luxury Cottons Limited amount to ₹ 275.00 Cr.
When was the last Balance Sheet of Raymond Luxury Cottons Limited filed with the ROC?
The most recent Balance Sheet for Raymond Luxury Cottons Limited was filed with the ROC on 31 Mar 2024.
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