Reco Storage Systems Private Limited

Manufactures and exports heavy duty storage racks, mezzanine floors, pallets, and industrial sheds.

2017 | Pune, Maharashtra (India) | Active
Last Updated:

Reco Storage Systems Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.20 M
  • Company Age 8 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.31 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 43.97%
  • Profit Growth 151.90%
  • Ebitda -1.10%
  • Net Worth 16.53%
  • Total Assets 32.60%

About Reco Storage Systems

Reco Storage Systems Private Limited (RSSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 March 2017 (Eight years 2 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 1.20 M.

The company currently has active open charges totaling ₹3.31 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepti Watharkar and Rohit Watharkar serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36999PN2017PTC169384

  • Company No.

    169384

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Reco Storage Systems Private Limited offer?

Reco Storage Systems Private Limited offers a wide range of products and services, including Industrial Racks & Storage System, Warehouse Mezzanines, Warehouse Racks, Crates, Trays and Pallets, Industrial Pallet, Tool Storage Rack, Pallet Racks, Furniture Racks & Shelves, Racks & Stands, Carts, Dollies & Trolleys.

Company report

Reco Storage Systems Private Limited

Explore comprehensive data for Reco Storage Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Reco Storage Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Deepti Watharkar Country flag representing In Director 14-Mar-2017Current
Rohit Watharkar Country flag representing In Director 14-Mar-2017Current

Financial Performance of Reco Storage Systems.

Reco Storage Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.97% increase. The company also saw a substantial improvement in profitability, with a 151.9% increase in profit. The company's net worth Soared by an impressive increase of 16.53%.

Reco Storage Systems revenue growth over time
Reco Storage Systems 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
43.97%
Revenue from Operations
43.98%
Total Assets
32.60%
Profit or Loss
151.90%
Net Worth
16.53%
EBITDA
-1.10%

What is the Ownership and Shareholding Structure of Reco Storage Systems?

In 2022, Reco Storage Systems 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

₹33.13 M

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • Others : 3.31 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jan 2023Others₹4.65 MOpen
22 Oct 2021Others₹2.25 CrOpen
31 Mar 2018Others₹6.00 MOpen
31 Mar 2018Others₹1.00 MSatisfied
31 Mar 2018Others₹9.00 MSatisfied

How Many Employees Work at Reco Storage Systems?

Reco Storage Systems has a workforce of 26 employees as of Apr 07, 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 Reco Storage Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reco Storage Systems, 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 Reco Storage Systems'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 Reco Storage Systems

Recent activity within the organization

  • Annual General Meeting

    Reco Storage Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 22.48 M registered on 22 Oct 2021 with Charge ID 100497240 was modified on 18 Jul 2024.

  • Balance Sheet

    Reco Storage Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Others of Rs. 4.65 M registered on 09 Jan 2023 with Charge ID 100711424 was modified on 20 Jan 2023.

  • Charges

    A charge with Others amounted to Rs. 4.65 M with Charge ID 100711424 was registered on 09 Jan 2023.

  • Charges

    A charge with Others amounted to Rs. 22.48 M with Charge ID 100497240 was registered on 22 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Reco Storage Systems Private Limited?

    Reco Storage Systems Private Limited was incorporated on 14 Mar 2017.

  • What is authorized share capital and paid-up capital of Reco Storage Systems Private Limited?

    The authorized share capital of Reco Storage Systems Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.20 M.

  • Who are the current board members & directors of Reco Storage Systems Private Limited?

    Currently 2 directors are associated with Reco Storage Systems Private Limited.

    • Deepti Rohit Watharkar
    • Rohit Sambhajirao Watharkar
  • What is the registered address of Reco Storage Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Reco Storage Systems Private Limited is Gat No79/80, Jyotiba Nagar Nr Bhalekar Chowk Talawde India, Pune, Maharashtra, 411062.

  • What is the corporate identification number (CIN) and company number of Reco Storage Systems Private Limited?

    The corporate identification number (CIN) of Reco Storage Systems Private Limited is U36999PN2017PTC169384 and the company number is 169384 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Reco Storage Systems Private Limited?

    The Official website of Reco Storage Systems Private Limited is https://www.recoengg.in

  • What has been the recent revenue trend for Reco Storage Systems Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Reco Storage Systems Private Limited has risen by 43.97%.

  • How many employees does Reco Storage Systems Private Limited currently have?

    As Per 2022 financial reports, 26 employees are currently employed by Reco Storage Systems Private Limited.

  • What change has been observed in the net worth of Reco Storage Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Reco Storage Systems Private Limited has experienced an upsurge of 16.53%.

  • What are the total open charges for Reco Storage Systems Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Reco Storage Systems Private Limited amount to ₹ 3.31 Cr.

  • When was the last Balance Sheet of Reco Storage Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Reco Storage Systems Private Limited was filed with the ROC on 31 Mar 2024.

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