Reach Dredging Limited

Provides dredging and land reclamation services, sewage and waste management, and environmental protection.

2010 | Kolkata, West Bengal (India) | Active
Last Updated:

Reach Dredging Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 5.78 Cr
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 105.97 Cr
  • Satisfied Charges ₹ 28.00 Cr
  • Revenue Growth 12.03%
  • Profit Growth 34.14%
  • Ebitda 5.57%
  • Net Worth 32.90%
  • Total Assets 19.68%

About Reach Dredging

Reach Dredging Limited (RDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 January 2010 and has a history of 15 years and two months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Rashmi Bulk Shipping Private Limited. The Company is engaged in the Infrastructure And Utilities 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 20.00 Cr and a paid-up capital of Rs 5.78 Cr.

The company currently has active open charges totaling ₹105.97 Cr. The company has closed loans amounting to ₹28.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jaiprakash Rai, Binoy Ghosh, and Surajit Pal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U61200WB2010PLC141151

  • Company No.

    141151

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Infrastructure and Utilities
Company report

Reach Dredging Limited

Explore comprehensive data for Reach Dredging Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Reach Dredging?

Board Members (3)

NameDesignationAppointment DateStatus
Jaiprakash Rai Country flag representing In Director 30-Nov-2017Current
Binoy Ghosh Country flag representing In Director 19-Nov-2020Current
Surajit Pal Country flag representing In Additional Director 21-Dec-2023Current

Financial Performance of Reach Dredging.

Reach Dredging Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 12.03% increase. The company also saw a substantial improvement in profitability, with a 34.14% increase in profit. The company's net worth Soared by an impressive increase of 32.9%.

Reach Dredging revenue growth over time
Reach Dredging 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
12.03%
Revenue from Operations
7.46%
Total Assets
19.68%
Profit or Loss
34.14%
Net Worth
32.90%
EBITDA
5.57%

What is the Ownership and Shareholding Structure of Reach Dredging?

In 2023, Reach Dredging had a promoter holding of 99.99%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹105.97 Cr

Satisfied Charges

₹28.00 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 69.75 Cr
  • State Bank Of India : 25.00 Cr
  • Others : 11.22 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2023State Bank Of India₹25.00 CrOpen
01 Jul 2020Others₹2.98 MOpen
26 Jun 2020Uco Bank₹1.75 CrOpen
27 May 2019Uco Bank₹3.00 CrOpen
04 Jan 2018Uco Bank₹3.00 CrOpen

How Many Employees Work at Reach Dredging?

Reach Dredging has a workforce of 216 employees as of Dec 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.

Employee growth trends for Reach Dredging Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reach Dredging, 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 Dredging'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 Dredging

Recent activity within the organization

  • Director Appointment

    Surajit Pal was appointed as a Additional Director was appointed as a Additional Director on 21 Dec 2023 & has been associated with this company since 1 year 3 months .

  • Annual General Meeting

    Reach Dredging Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with State Bank Of India amounted to Rs. 25.00 Cr with Charge ID 100717264 was registered on 26 Apr 2023.

  • Balance Sheet

    Reach Dredging Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Uco Bank of Rs. 37.00 Cr registered on 27 Jun 2017 with Charge ID 100106086 was modified on 21 Jul 2022.

  • Director Appointment

    Binoy Ghosh was appointed as a Director was appointed as a Director on 19 Nov 2020 & has been associated with this company since 4 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Reach Dredging Limited?

    Reach Dredging Limited was incorporated on 21 Jan 2010.

  • What is authorized share capital and paid-up capital of Reach Dredging Limited?

    The authorized share capital of Reach Dredging Limited is ₹ 20.00 Cr and paid-up capital is ₹ 5.78 Cr.

  • Who are the current board members & directors of Reach Dredging Limited?

    Currently 3 directors are associated with Reach Dredging Limited.

    • Jaiprakash Rai
    • Binoy Ghosh
    • Surajit Pal

  • What is the registered address of Reach Dredging Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Reach Dredging Limited is 1 Garstin Place, Orbit Room No. 3B India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Reach Dredging Limited?

    The corporate identification number (CIN) of Reach Dredging Limited is U61200WB2010PLC141151 and the company number is 141151 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Reach Dredging Limited?

    The Official website of Reach Dredging Limited is https://www.reachdredging.com

  • What has been the recent revenue trend for Reach Dredging Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Reach Dredging Limited has risen by 12.03%.

  • How many employees does Reach Dredging Limited currently have?

    As Per 2022 financial reports, 216 employees are currently employed by Reach Dredging Limited.

  • What change has been observed in the net worth of Reach Dredging Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Reach Dredging Limited has experienced an upsurge of 32.90%.

  • What are the total open charges for Reach Dredging Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Reach Dredging Limited amount to ₹ 105.97 Cr.

  • When was the last Balance Sheet of Reach Dredging Limited filed with the ROC?

    The most recent Balance Sheet for Reach Dredging Limited was filed with the ROC on 31 Mar 2023.

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