Restolex Coir Products Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 43 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.30 Cr
- Satisfied Charges ₹ 8.07 Cr
- Revenue Growth 44.30%
- Profit Growth 463.58%
- Ebitda 36.50%
- Net Worth 53.67%
- Total Assets 16.21%
About Restolex Coir Products
Restolex Coir Products Private Limited (RCPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 September 1981 and has a history of 43 years and four months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Consumer Goods 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 1.50 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹9.30 Cr. The company has closed loans amounting to ₹8.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vasantha Panambur and Daveed Kuruvilla serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17233KA1981PTC004407
- Company No.
004407
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Sep 1981
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Restolex Coir Products Private Limited offer?
Restolex Coir Products Private Limited offers a wide range of products and services, including PU Foam, Coir & Jute Mattresses, Bed Mattress, Orthopedic Equipmet Supplies, Spinal Instruments, Spine Rod, Corporate Event, Banquet Facilities, Cushion, Latex Cushion, Stoves Burners.
Who are the key members and board of directors at Restolex Coir Products?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vasantha Panambur  | Director | 13-Feb-2020 | Current |
| Daveed Kuruvilla | Director | 02-Nov-2017 | Current |
Financial Performance of Restolex Coir Products.
Restolex Coir Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.3% increase. The company also saw a substantial improvement in profitability, with a 463.58% increase in profit. The company's net worth Soared by an impressive increase of 53.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Restolex Coir Products?
In 2023, Restolex Coir Products had a promoter holding of 71.08% and a public holding of 28.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sleep Craft Retail Private LimitedDaveed Kuruvilla is a mutual person
Charges (Loans)
₹9.30 Cr
₹8.07 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 8.73 Cr
- Bank Of India : 0.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2023 | Hdfc Bank Limited | ₹2.50 M | Open |
| 11 Oct 2021 | Hdfc Bank Limited | ₹1.79 M | Open |
| 29 Aug 2021 | Hdfc Bank Limited | ₹8.30 Cr | Open |
| 15 Jun 2000 | Bank Of India | ₹2.00 M | Open |
| 06 Feb 1996 | Bank Of India | ₹2.63 M | Open |
How Many Employees Work at Restolex Coir Products?
Restolex Coir Products has a workforce of 140 employees as of Apr 08, 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 Restolex Coir Products, 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 Restolex Coir Products'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.
