Rinac India Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
- Paid Up Capital ₹ 10.46 Cr
- Company Age 31 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 93.00 Cr
- Satisfied Charges ₹ 23.09 Cr
- Revenue Growth 32.99%
- Profit Growth 101.62%
- Ebitda 69.11%
- Net Worth 17.29%
- Total Assets 30.82%
About Rinac India
Rinac India Limited (RIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 January 1994 and has a history of 31 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Engineering 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 14.00 Cr and a paid-up capital of Rs 10.46 Cr.
The company currently has active open charges totaling ₹93.00 Cr. The company has closed loans amounting to ₹23.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rinac India Limited India are Manikandan Rajalingam as COMPANY SECRETARY and Dinesh Bhandary as Cfo. Nedungat Sivasankaran, Sukumaran Parakkel, Yasho Verma, and Four other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52334KA1994PLC015169
- Company No.
015169
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Jan 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Engineering
Transport and Logistics
What products or services does Rinac India Limited offer?
Rinac India Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Heat Exchangers, Graphic Design & Animation Services, Designing Services, Industrial Air Conditioner & Devices, Industrial Cooling System, Industrial Racks & Storage System, Warehouse Racks, Warehouses and Warehousing Agents, Freezers.
Who are the key members and board of directors at Rinac India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manikandan Rajalingam  | Company Secretary | 28-Nov-2011 | Current |
| Balasubramanian Puthucode | Managing Director | 01-Apr-2012 | Current |
| Dinesh Bhandary | CFO | 29-Mar-2019 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yasho Verma | Director | 30-Sep-2015 | Current |
| Nedungat Sivasankaran | Director | 30-Sep-2015 | Current |
| Ambujam Kapoor | Director | 17-Dec-2022 | Current |
| Sukumaran Parakkel | Whole-Time Director | 13-Jun-2007 | Current |
| Krishnan Parasuraman | Nominee Director | 05-Sep-2017 | Current |
| Puthucode Vadiyanathan | Nominee Director | 13-Jun-2007 | Current |
Financial Performance of Rinac India.
Rinac India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.99% increase. The company also saw a substantial improvement in profitability, with a 101.62% increase in profit. The company's net worth Soared by an impressive increase of 17.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rinac India?
In 2024, Rinac India had a promoter holding of 55.45% and a public holding of 44.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Intech Organics LimitedYasho Verma is a mutual person
Navneet Futuretech LimitedYasho Verma is a mutual person
Trois Infotech Private LimitedAmbujam Kapoor is a mutual person
Indiannica Learning Private LimitedYasho Verma is a mutual person
Modular Cold Rooms Private LimitedSukumaran Parakkel and Balasubramanian Puthucode are mutual person
- Panasonic Avc Networks India Company Limited
Yasho Verma is a mutual person
Charges (Loans)
Open Charges
₹93.00 Cr
Satisfied Charges
₹23.09 Cr
Charges Breakdown by Lending Institutions
- Others : 84.00 Cr
- Development Credit Bank Limited : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2024 | Others | ₹50.00 Cr | Open |
| 08 Dec 2005 | Others | ₹34.00 Cr | Open |
| 14 Feb 2005 | Development Credit Bank Limited | ₹9.00 Cr | Open |
| 12 Feb 2008 | The Hongkong And Shanghai Banking Corporation Ltd | ₹7.00 Cr | Satisfied |
| 10 Jan 2007 | The Hongkong And Shanghai Banking Corporation Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Rinac India?
Rinac India has a workforce of 353 employees as of Mar 22, 2025. 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 Rinac 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 Rinac India'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.
Latest Updates, News, and FAQs on Rinac India
Recent activity within the organization
- Annual General Meeting
Rinac India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100960546 was registered on 02 Jul 2024.
- Balance Sheet
Rinac India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Ambujam Nair Kapoor was appointed as a Director was appointed as a Director on 17 Dec 2022 & has been associated with this company since 2 years 3 months .
- Director Appointment
Dinesh Bhandary was appointed as a Cfo was appointed as a Cfo on 29 Mar 2019 & has been associated with this company since 5 years 11 months .
- Charges
A charge with Others of Rs. 34.00 Cr registered on 08 Dec 2005 with Charge ID 80013021 was modified on 23 Nov 2017.
Frequently asked questions
What is the Incorporation or founding date of Rinac India Limited?
Rinac India Limited was incorporated on 31 Jan 1994.
What is authorized share capital and paid-up capital of Rinac India Limited?
The authorized share capital of Rinac India Limited is ₹ 14.00 Cr and paid-up capital is ₹ 10.46 Cr.
Who are the current board members & directors of Rinac India Limited?
Currently 9 directors are associated with Rinac India Limited.
- Nedungat Sivasankaran
- Sukumaran Parakkel
- Yasho Verdhan Verma
- Ambujam Nair Kapoor
- Manikandan Rajalingam
- Balasubramanian Vaidyanathan Puthucode
- Dinesh Bhandary
- Krishnan Parasuraman
- Puthucode Venkiteswaran Vadiyanathan
What is the registered address of Rinac India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rinac India Limited is No 5 Saraswathi Nivas Main Channel Road Saraswathipuram, Ulsoor India, Bangalore, Karnataka, 560008.
What is the corporate identification number (CIN) and company number of Rinac India Limited?
The corporate identification number (CIN) of Rinac India Limited is U52334KA1994PLC015169 and the company number is 015169 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rinac India Limited?
The Official website of Rinac India Limited is https://www.rinac.com
What has been the recent revenue trend for Rinac India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rinac India Limited has risen by 32.99%.
How many employees does Rinac India Limited currently have?
As Per 2023 financial reports, 353 employees are currently employed by Rinac India Limited.
What change has been observed in the net worth of Rinac India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rinac India Limited has experienced an upsurge of 17.29%.
What are the total open charges for Rinac India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rinac India Limited amount to ₹ 93.00 Cr.
When was the last Balance Sheet of Rinac India Limited filed with the ROC?
The most recent Balance Sheet for Rinac India Limited was filed with the ROC on 31 Mar 2024.
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