Right Engineers & Equipment India Private Limited

Designs, manufactures, and supplies material handling equipment and storage solutions for industrial and logistics sectors.

2008 | Bangalore, Karnataka (India) | Under Liquidation
Last Updated: April 19, 2024

Right Engineers & Equipment India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 14.80 Cr
  • Satisfied Charges ₹ 10.81 Cr
  • Revenue Growth 43.87%
  • Profit Growth 20.44%
  • Ebitda -299.25%
  • Net Worth -199.11%
  • Total Assets -7.63%

About Right Engineers & Equipment India

Right Engineers & Equipment India Private Limited (REEIPL) is Under Liquidation company established on 25 Jun 2008 with its office registered at Bangalore, Karnataka, India and has been running since 16 Year, 8 Months with a paid up capital of 1.00 Cr. According to MCA records, 2 Directors are linked to this company as of 19 Apr 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rightengineers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29253KA2008PTC046899

  • Company No.

    046899

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 2008

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Right Engineers & Equipment India Private Limited offer?

Right Engineers & Equipment India Private Limited offers a wide range of products and services, including Carts, Dollies & Trolleys, Tool Trolley, Computer and Networking Solutions, Networking Solutions, Computer and Mobile Softwares & Apps, Asset Management Software, Doors and Windows, Cabinet Doors.

Who are the key members and board of directors at Right Engineers & Equipment India?

Board Members (2)

NameDesignationAppointment DateStatus
Haravinagandi Kumar Country flag representing In Director 25-Jun-2008Current
Chikkamagaravalli Nagaraja Country flag representing In Director 25-Jun-2008Current

Financial Performance of Right Engineers & Equipment India.

Right Engineers & Equipment India Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 43.87% increase. The company also saw a substantial improvement in profitability, with a 20.44% increase in profit. The company's net worth observed a substantial decline by a decrease of 199.11%.

Graph illustrating revenue growth over time
Graph showing 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
43.87%
Revenue from Operations
42.94%
Total Assets
-7.63%
Profit or Loss
20.44%
Net Worth
-199.11%
EBITDA
-299.25%

What is the Ownership and Shareholding Structure of Right Engineers & Equipment India?

In 2018, Right Engineers & Equipment India 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

₹148.00 M

Satisfied Charges

₹108.12 M

Charges Breakdown by Lending Institutions

  • Others : 14.80 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2016Others₹14.80 CrOpen
27 Aug 2014Syndicate Bank₹3.00 CrSatisfied
27 Aug 2014Syndicate Bank₹6.75 CrSatisfied
10 Mar 2014Canara Bank₹0.62 MSatisfied
10 Sep 2008Canara Bank₹1.00 CrSatisfied

How Many Employees Work at Right Engineers & Equipment India?

Right Engineers & Equipment India has a workforce of 20 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Right Engineers & Equipment India, 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 Right Engineers & Equipment India'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 Right Engineers & Equipment India

Recent activity within the organization

  • Annual General Meeting

    Right Engineers & Equipment India Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

  • Balance Sheet

    Right Engineers & Equipment India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.

    31 Mar 2018

  • Charges

    A charge registered on 27 Aug 2014 via Charge ID 10525816 with Syndicate Bank was fully satisfied on 05 Nov 2016.

    05 Nov 2016

  • Charges

    A charge registered on 27 Aug 2014 via Charge ID 10525808 with Syndicate Bank was fully satisfied on 05 Nov 2016.

    05 Nov 2016

  • Charges

    A charge with Others amounted to Rs. 148.00 M with Charge ID 100066328 was registered on 25 Oct 2016.

    25 Oct 2016

  • Charges

    A charge with Syndicate Bank of Rs. 30.00 M registered on 27 Aug 2014 with Charge ID 10525808 was modified on 31 Mar 2016.

    31 Mar 2016

Frequently asked questions

  • Right Engineers & Equipment India Private Limited was incorporated on 25 Jun 2008.

  • The authorized share capital of Right Engineers & Equipment India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Right Engineers & Equipment India Private Limited.

    • Haravinagandi Paramashiva Arun Kumar
    • Chikkamagaravalli Manjappashetty Nagaraja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Right Engineers & Equipment India Private Limited is No.25 D CrossBilekahalli Industrial Area, Banneraghatta Road, Bangalore, Karnataka, India, 560076.

  • The corporate identification number (CIN) of Right Engineers & Equipment India Private Limited is U29253KA2008PTC046899 and the company number is 046899 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Right Engineers & Equipment India Private Limited is https://www.rightengineers.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Right Engineers & Equipment India Private Limited has risen by 43.87%.

  • As Per 2018 financial reports, 20 employees are currently employed by Right Engineers & Equipment India Private Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Right Engineers & Equipment India Private Limited has experienced an downturn of -199.11%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Right Engineers & Equipment India Private Limited amount to ₹ 14.80 Cr.

  • The most recent Balance Sheet for Right Engineers & Equipment India Private Limited was filed with the ROC on 31 Mar 2018.