Reach Distributors (India) Private Limited

Sells and distributes electronics, including own brand of LED TVs.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: December 03, 2024

Reach Distributors (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.52 Cr
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.50 Cr
  • Revenue Growth 15.44%
  • Profit Growth -14.85%
  • Ebitda -17.82%
  • Net Worth 12.36%
  • Total Assets 27.12%

About Reach Distributors (India)

Reach Distributors (India) Private Limited (RDIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 2008 and has a history of 16 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Reach Distrubutors (India) Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 1.75 Cr and a paid-up capital of Rs 1.52 Cr.

The company currently has active open charges totaling ₹10.50 Cr.

Simran Gosain and Ricky Gosain serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    reachindia.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51300KA2008PTC047967

  • Company No.

    047967

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Reach Distributors (India)?

Board Members (2)

Name Designation Appointment Date Status
Simran Gosain Country flag representing In Director 07-Oct-2008 Current
Ricky Gosain Country flag representing In Director 07-Oct-2008 Current

Financial Performance of Reach Distributors (India).

Reach Distributors (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.44% increase. The company also saw a substantial fall in profitability, with a 14.85% decrease in profit. The company's net worth Soared by an impressive increase of 12.36%.

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
15.44%
Revenue from Operations
12.95%
Total Assets
27.12%
Profit or Loss
-14.85%
Net Worth
12.36%
EBITDA
-17.82%

What is the Ownership and Shareholding Structure of Reach Distributors (India)?

Unlock access to Reach Distributors (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 10.50 Cr

Latest Charge Details

Date Lender Amount Status
17 Jun 2020 Others ₹1.50 Cr Open
21 Apr 2016 Others ₹9.00 Cr Open

How Many Employees Work at Reach Distributors (India)?

Reach Distributors (India) has a workforce of 6 employees as of Apr 09, 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 Reach Distributors (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 Reach Distributors (India)'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 Reach Distributors (India)

Recent activity within the organization

  • Annual General Meeting

    Reach Distributors (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 9.00 Cr registered on 21 Apr 2016 with Charge ID 100030026 was modified on 15 May 2023.

    15 May 2023

  • Balance Sheet

    Reach Distributors (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 1.50 Cr registered on 17 Jun 2020 with Charge ID 100344629 was modified on 04 Nov 2021.

    04 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100344629 was registered on 17 Jun 2020.

    17 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100030026 was registered on 21 Apr 2016.

    21 Apr 2016

Frequently asked questions

  • Reach Distributors (India) Private Limited was incorporated on 07 Oct 2008.

  • The authorized share capital of Reach Distributors (India) Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 1.52 Cr.

  • Currently 2 directors are associated with Reach Distributors (India) Private Limited.

    • Simran Gosain
    • Ricky Gosain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reach Distributors (India) Private Limited is No. 34 4Th B Cross 5Th Block, Industrial Layout Koramangala India, Bangalore, Karnataka, 560095.

  • The corporate identification number (CIN) of Reach Distributors (India) Private Limited is U51300KA2008PTC047967 and the company number is 047967 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reach Distributors (India) Private Limited is https://www.reachindia.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Reach Distributors (India) Private Limited has risen by 15.44%.

  • As Per 2022 financial reports, 6 employees are currently employed by Reach Distributors (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Reach Distributors (India) Private Limited has experienced an upsurge of 12.36%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Reach Distributors (India) Private Limited amount to ₹ 10.50 Cr.

  • The most recent Balance Sheet for Reach Distributors (India) Private Limited was filed with the ROC on 31 Mar 2023.