Ready Mix Concrete Limited

Leasing and investment company producing and selling ready-mix concrete and other construction products.

1996 | Raigarh, Maharashtra (India) | Active
Last Updated:

Ready Mix Concrete Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.48 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.00 Cr
  • Satisfied Charges ₹ 6.04 Cr
  • Revenue Growth 11.76%
  • Profit Growth 24.04%
  • Ebitda -15.27%
  • Net Worth 7.07%
  • Total Assets -12.34%

About Ready Mix Concrete

Ready Mix Concrete Limited (RMCL) is a Public Limited Indian Non-Government Company incorporated in India on 17 April 1996 and has a history of 28 years and 11 months. Its registered office is in Raigarh, Maharashtra, India.

The Corporate was formerly known as Ready Mix Concrete Private 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.48 M.

The company currently has active open charges totaling ₹23.00 Cr. The company has closed loans amounting to ₹6.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tarak Patel, Urmi Patel, Ashok Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26956MH1996PLC098884

  • Company No.

    098884

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Ready Mix Concrete?

Board Members (4)

NameDesignationAppointment DateStatus
Tarak Patel Country flag representing In Director 24-Aug-2002Current
Payal Patel Country flag representing In Director 02-Sep-2021Current
Ashok Patel Country flag representing In Director 17-Apr-1996Current
Urmi Patel Country flag representing In Director 28-Feb-2017Current

Financial Performance of Ready Mix Concrete.

Ready Mix Concrete Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.76% increase. The company also saw a substantial improvement in profitability, with a 24.04% increase in profit. The company's net worth moved up by a moderate rise of 7.07%.

Ready Mix Concrete revenue growth over time
Ready Mix Concrete 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
11.76%
Revenue from Operations
Total Assets
-12.34%
Profit or Loss
24.04%
Net Worth
7.07%
EBITDA
-15.27%

What is the Ownership and Shareholding Structure of Ready Mix Concrete?

In 2023, Ready Mix Concrete had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹230.00 M

Satisfied Charges

₹60.40 M

Charges Breakdown by Lending Institutions

  • Others : 23.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Dec 2023Others₹23.00 CrOpen
31 Oct 2015Icici Bank Limited₹4.04 CrSatisfied
24 Jan 2013State Bank Of India₹2.00 CrSatisfied

How Many Employees Work at Ready Mix Concrete?

Unlock and access historical data on people associated with Ready Mix Concrete, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Ready Mix Concrete Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ready Mix Concrete, 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 Ready Mix Concrete'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 Ready Mix Concrete

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 230.00 M with Charge ID 100851488 was registered on 15 Dec 2023.

  • Annual General Meeting

    Ready Mix Concrete Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 31 Oct 2015 via Charge ID 10611312 with Icici Bank Limited was fully satisfied on 30 Aug 2023.

  • Balance Sheet

    Ready Mix Concrete Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Payal Tarak Patel was appointed as a Director was appointed as a Director on 02 Sep 2021 & has been associated with this company since 3 years 6 months .

  • Director Appointment

    Urmi Ashok Patel was appointed as a Director was appointed as a Director on 28 Feb 2017 & has been associated with this company since 8 years 26 days .

Frequently asked questions

  • What is the Incorporation or founding date of Ready Mix Concrete Limited?

    Ready Mix Concrete Limited was incorporated on 17 Apr 1996.

  • What is authorized share capital and paid-up capital of Ready Mix Concrete Limited?

    The authorized share capital of Ready Mix Concrete Limited is ₹ 0.50 M and paid-up capital is ₹ 0.48 M.

  • Who are the current board members & directors of Ready Mix Concrete Limited?

    Currently 4 directors are associated with Ready Mix Concrete Limited.

    • Tarak Ashok Patel
    • Urmi Ashok Patel
    • Ashok Jethabhai Patel
    • Payal Tarak Patel

  • What is the registered address of Ready Mix Concrete Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ready Mix Concrete Limited is Churchgate House 4Th Floor32-34 Veer Nariman Road Fort India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Ready Mix Concrete Limited?

    The corporate identification number (CIN) of Ready Mix Concrete Limited is U26956MH1996PLC098884 and the company number is 098884 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ready Mix Concrete Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ready Mix Concrete Limited has risen by 11.76%.

  • What change has been observed in the net worth of Ready Mix Concrete Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ready Mix Concrete Limited has experienced an upsurge of 7.07%.

  • What are the total open charges for Ready Mix Concrete Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ready Mix Concrete Limited amount to ₹ 23.00 Cr.

  • When was the last Balance Sheet of Ready Mix Concrete Limited filed with the ROC?

    The most recent Balance Sheet for Ready Mix Concrete Limited was filed with the ROC on 31 Mar 2023.

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