Raymond Luxury Cottons Limited

Produces high-quality cotton fabrics through a joint venture with Raymond Ltd and Cotonificio Honegger SPA.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Raymond Luxury Cottons Profile

Key Indicators

  • Authorised Capital ₹ 210.00 Cr
  • Paid Up Capital ₹ 127.68 Cr
  • Company Age 20 Year, 3 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 three 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

    raymond.in

  • 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)

NameDesignationAppointment DateStatus
Srinivasa Vajha Country flag representing In CFO23-Oct-2019Current
Mohammad Siddiqui Company Secretary22-Oct-2021Current

Board Members (3)

NameDesignationAppointment DateStatus
Anupam Dikshit Country flag representing In Whole-Time Director 22-Aug-2024Current
Vijay Patil Country flag representing In Director 08-Feb-2021Current
Rashmi Mundada Country flag representing In Director 16-Mar-2018Current

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%.

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
33.59%
Revenue from Operations
33.27%
Total Assets
-5.08%
Profit or Loss
986.10%
Net Worth
5.69%
EBITDA
36.94%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
26 Sep 2014Others₹40.00 CrOpen
07 Nov 2012Others₹117.50 CrOpen
19 Aug 2005State Bank Of India₹117.50 CrOpen
28 Mar 2023Others₹65.00 CrSatisfied
21 Dec 2021Others₹6.22 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    26 Sep 2024

  • 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 6 months 2 days .

    22 Aug 2024

  • 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.

    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.

    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.

    31 Mar 2024

  • Charges

    A charge registered on 01 Aug 2016 via Charge ID 100049867 with Others was fully satisfied on 20 Mar 2024.

    20 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Raymond Luxury Cottons Limited was incorporated on 27 Oct 2004.

  • The authorized share capital of Raymond Luxury Cottons Limited is ₹ 210.00 Cr and paid-up capital is ₹ 127.68 Cr.

  • Currently 5 directors are associated with Raymond Luxury Cottons Limited.

    • Anupam Dikshit
    • Vijay Nana Patil
    • Rashmi Brijgopal Mundada
    • Srinivasa Bharadwaja Vajha
    • Mohammad Waqar Siddiqui
  • 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.

  • 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).

  • The Official website of Raymond Luxury Cottons Limited is https://www.raymond.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Raymond Luxury Cottons Limited has risen by 33.59%.

  • As Per 2023 financial reports, 1588 employees are currently employed by Raymond Luxury Cottons Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Raymond Luxury Cottons Limited amount to ₹ 275.00 Cr.

  • The most recent Balance Sheet for Raymond Luxury Cottons Limited was filed with the ROC on 31 Mar 2024.

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