Romit Resins Private Limited

Manufacturer of phenolic resins and industrial moldings, with ISO certification and located in Maharashtra.

1980 | Raigarh, Maharashtra (India) | Active
Last Updated: November 16, 2024

Romit Resins Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.44 M
  • Company Age 44 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.08 Cr
  • Revenue Growth 4.64%
  • Profit Growth -16.70%
  • Ebitda 0.51%
  • Net Worth 29.86%
  • Total Assets -9.88%

About Romit Resins

Romit Resins Private Limited (RRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 October 1980 and has a history of 44 years and three months. Its registered office is in Raigarh, Maharashtra, India.

The Company is engaged in the Manufacturing 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 1.50 M and a paid-up capital of Rs 1.44 M.

The company currently has active open charges totaling ₹3.08 Cr.

Nikhil Purohit, Subhash Purohit, and Uday Kaveri serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209MH1980PTC023375

  • Company No.

    023375

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 1980

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Romit Resins?

Executive Team (1)

Name Designation Appointment Date Status
Nikhil Purohit Country flag representing In Managing Director 04-May-2007 Current

Board Members (2)

Name Designation Appointment Date Status
Subhash Purohit Country flag representing In Director 01-Jan-1988 Current
Uday Kaveri Country flag representing In Director 05-Dec-2014 Current

Financial Performance of Romit Resins.

Romit Resins Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.64% increase. The company also saw a substantial fall in profitability, with a 16.7% decrease in profit. The company's net worth Soared by an impressive increase of 29.86%.

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
4.64%
Revenue from Operations
4.23%
Total Assets
-9.88%
Profit or Loss
-16.70%
Net Worth
29.86%
EBITDA
0.51%

What is the Ownership and Shareholding Structure of Romit Resins?

In 2023, Romit Resins 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

₹30.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.08 Cr

Latest Charge Details

Date Lender Amount Status
08 Feb 2021 Axis Bank Limited ₹3.08 Cr Open

How Many Employees Work at Romit Resins?

Romit Resins has a workforce of 65 employees as of Apr 06, 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 Romit Resins, 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 Romit Resins'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 Romit Resins

Recent activity within the organization

  • Annual General Meeting

    Romit Resins Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Balance Sheet

    Romit Resins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 30.80 M registered on 08 Feb 2021 with Charge ID 100420306 was modified on 28 Jun 2023.

    28 Jun 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 30.80 M with Charge ID 100420306 was registered on 08 Feb 2021.

    08 Feb 2021

  • Director Appointment

    Uday Madhavrao Kaveri was appointed as a Director was appointed as a Director on 05 Dec 2014 & has been associated with this company since 10 years 1 month .

    05 Dec 2014

  • Director Appointment

    Nikhil Subhash Purohit was appointed as a Managing Director was appointed as a Managing Director on 04 May 2007 & has been associated with this company since 17 years 9 months .

    04 May 2007

Frequently asked questions

  • Romit Resins Private Limited was incorporated on 30 Oct 1980.

  • The authorized share capital of Romit Resins Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.44 M.

  • Currently 3 directors are associated with Romit Resins Private Limited.

    • Nikhil Subhash Purohit
    • Subhash Laxman Purohit
    • Uday Madhavrao Kaveri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Romit Resins Private Limited is Plot No. 25 Gala 4 Community Building Chs, Bawan Bunglow India, Panvel, Maharashtra, 410206.

  • The corporate identification number (CIN) of Romit Resins Private Limited is U25209MH1980PTC023375 and the company number is 023375 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Romit Resins Private Limited is https://www.romitresins.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Romit Resins Private Limited has risen by 4.64%.

  • As Per 2023 financial reports, 65 employees are currently employed by Romit Resins Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Romit Resins Private Limited has experienced an upsurge of 29.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Romit Resins Private Limited amount to ₹ 3.08 Cr.

  • The most recent Balance Sheet for Romit Resins Private Limited was filed with the ROC on 31 Mar 2024.

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