Reach Dredging Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 09-12-2024
- Paid Up Capital ₹ 5.78 Cr
as on 09-12-2024
- Company Age 14 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 105.97 Cr
as on 09-12-2024
- Satisfied Charges ₹ 28.00 Cr
as on 09-12-2024
- Revenue 12.03%
(FY 2022)
- Profit 34.14%
(FY 2022)
- Ebitda 5.57%
(FY 2022)
- Net Worth 32.90%
(FY 2022)
- Total Assets 19.68%
(FY 2022)
About Reach Dredging
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.
- 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
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Reach Dredging?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaiprakash Rai  | Director | 30-Nov-2017 | Current |
| Binoy Ghosh | Director | 19-Nov-2020 | Current |
| Surajit Pal | Additional Director | 21-Dec-2023 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 26 Apr 2023 | ₹25.00 Cr | Open |
Others Creation Date: 01 Jul 2020 | ₹2.98 M | Open |
Uco Bank Creation Date: 26 Jun 2020 | ₹1.75 Cr | Open |
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.
Deals i
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
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.
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