Reep Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 18-07-2024
- Paid Up Capital ₹ 1.00 Cr
as on 18-07-2024
- Company Age 27 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 149.28 Cr
as on 18-07-2024
- Satisfied Charges ₹ 2.00 M
as on 18-07-2024
- Revenue 0.55%
(FY 2023)
- Profit -63.51%
(FY 2023)
- Ebitda -12.60%
(FY 2023)
- Net Worth 1.03%
(FY 2023)
- Total Assets 44.56%
(FY 2023)
About Reep Industries
The Corporate was formerly known as Delta Switchgears Private Limited. The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹149.28 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.
Medabalimi Showreelu, Chandra Priya, Srinivasa Uppuluri, and Two other members serve as directors at the Company.
- CIN/LLPIN
U32201TN1997PTC037428
- Company No.
037428
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jan 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Kanchipuram Dist, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Reep Industries Private Limited offer?
Reep Industries Private Limited offers a wide range of products and services, including E Vehicles, Electric Three Wheeler, Parts and Kits.
Who are the key members and board of directors at Reep Industries?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Durairaj  | Additional Director | 05-Sep-2016 | Current |
| Medabalimi Showreelu | Whole-Time Director | 31-Jan-2007 | Current |
| Chandra Priya | Whole-Time Director | 05-Sep-2016 | Current |
| Srinivasa Uppuluri | Whole-Time Director | 22-Aug-2023 | Current |
| Durairaj Xavier | Whole-Time Director | 31-Jan-1997 | Current |
Financial Performance of Reep Industries.
Reep Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.55% increase. The company also saw a substantial fall in profitability, with a 63.51% decrease in profit. The company's net worth moved up by a moderate rise of 1.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Reep Industries?
In 2023, Reep Industries had a promoter holding of 93.51% and a public holding of 6.49%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Powergear LimitedActive 44 years 9 monthsSrinivasa Uppuluri, Rajesh Durairaj and 1 more are mutual person
Gilt Sterling Private LimitedActive 1 year 1 monthMedabalimi Showreelu and Durairaj Xavier are mutual person
- Hercules Logistics Private LimitedActive 17 years 2 months
Medabalimi Showreelu, Rajesh Durairaj and 1 more are mutual person
- Powergear Sustainability Private LimitedActive 2 years 20 days
Srinivasa Uppuluri, Rajesh Durairaj and 1 more are mutual person
- Lei Powergear Private LimitedActive 5 years 1 month
Rajesh Durairaj and Durairaj Xavier are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 29 Mar 2023 | ₹2.90 M | Open |
State Bank Of India Creation Date: 14 Feb 2022 | ₹79.64 Cr | Open |
Canara Bank Creation Date: 27 Apr 1994 | ₹69.35 Cr | Open |
How Many Employees Work at Reep Industries?
Reep Industries has a workforce of 42 employees as of Apr 05, 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 Reep Industries, 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 Reep Industries'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.
