Resonance Specialties Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 11.54 Cr
- Company Age 35 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.00 Cr
- Satisfied Charges ₹ 12.15 Cr
- Revenue Growth -21.63%
- Profit Growth -59.54%
- Ebitda -55.14%
- Net Worth 7.51%
- Total Assets 15.89%
About Resonance Specialties
Resonance Specialties Limited (RSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 June 1989 and has a history of 35 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524218.
The Corporate was formerly known as Armour Polymers Ltd. The Company is engaged in the Chemicals And Materials 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 15.00 Cr and a paid-up capital of Rs 11.54 Cr.
The company currently has active open charges totaling ₹14.00 Cr. The company has closed loans amounting to ₹12.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Resonance Specialties Limited India are Vaibhavi Rajeshirke as COMPANY SECRETARY and Charchit Jain as Cfo. Prashant Godha, Ajay Patadia, Raj Verma, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L25209MH1989PLC051993
- Company No.
051993
- Stock Symbol
BSE : 524218
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Jun 1989
- Date of AGM
08 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
What products or services does Resonance Specialties Limited offer?
Resonance Specialties Limited offers a wide range of products and services, including Pharma Ingredients & Raw Materials, Pyridine Derivatives.
Who are the key members and board of directors at Resonance Specialties?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vaibhavi Rajeshirke | Company Secretary | 30-Aug-2023 | Current |
| Charchit Jain | CFO | 23-Jun-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Patadia  | Director | 27-Jun-2020 | Current |
| Prashant Godha | Director | 10-Nov-2020 | Current |
| Raj Verma | Director | 10-Nov-2020 | Current |
| Nilesh Jain | Director | 18-Mar-2023 | Current |
| Archana Yadav | Director | 08-Feb-2016 | Current |
| Charchit Jain | Whole-Time Director | 11-Aug-2022 | Current |
Financial Performance of Resonance Specialties.
Resonance Specialties Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.63% decrease. The company also saw a substantial fall in profitability, with a 59.54% decrease in profit. The company's net worth moved up by a moderate rise of 7.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Resonance Specialties?
In 2023, Resonance Specialties had a promoter holding of 54.25% and a public holding of 45.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Numantra Technologies Private LimitedRaj Verma is a mutual person
Ipca FoundationPrashant Godha is a mutual person
Ipca Laboratories LimitedPrashant Godha is a mutual person
Krebs Biochemicals And Industries LimitedRaj Verma is a mutual person
V2 Retail LimitedArchana Yadav is a mutual person
Capricoating Solutions Private LimitedPrashant Godha is a mutual person
Charges (Loans)
₹14.00 Cr
₹12.15 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 14.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2021 | Yes Bank Limited | ₹14.00 Cr | Open |
| 25 Jul 2016 | Others | ₹0.99 M | Satisfied |
| 11 Jan 2010 | Others | ₹7.40 Cr | Satisfied |
| 08 Oct 1994 | Bank Of Baroda | ₹3.00 Cr | Satisfied |
| 23 Sep 1992 | Bank Of Baroda | ₹1.65 Cr | Satisfied |
How Many Employees Work at Resonance Specialties?
Resonance Specialties has a workforce of 73 employees as of Mar 25, 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 Resonance Specialties, 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 Resonance Specialties'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.
