Rinac India Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
- Paid Up Capital ₹ 10.46 Cr
- Company Age 31 Year, 22 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 43.00 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. Its registered office is in Bangalore, 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 2023. 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 ₹43.00 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. Puthucode Vadiyanathan, Nedungat Sivasankaran, Balasubramanian Puthucode, and Four other members 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
U52334KA1994PLC015169
- Company No.
015169
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Jan 1994
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
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 | 31-Jan-1994 | 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 |
| Puthucode Vadiyanathan | Nominee Director | 05-Apr-1995 | Current |
| Sukumaran Parakkel | Whole-Time Director | 13-Jun-2007 | Current |
| Krishnan Parasuraman | Nominee Director | 05-Sep-2017 | 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
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What is the Ownership and Shareholding Structure of Rinac India?
In 2023, 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.
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- Panasonic Avc Networks India Company Limited
Yasho Verma is a mutual person
Charges (Loans)
₹43.00 Cr
₹23.09 Cr
Charges Breakdown by Lending Institutions
- Others : 34.00 Cr
- Development Credit Bank Limited : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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 |
| 09 Jul 2004 | H.D.F.C. Bank Limited | ₹7.50 Cr | Satisfied |
How Many Employees Work at Rinac India?
Rinac India has a workforce of 421 employees as of Apr 09, 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 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.
