Ronak Radiators Private Limited

Manufactures pressed steel radiators for transformers up to 100 MVA.

1981 | Vadodara, Gujarat (India) | Active
Last Updated: November 16, 2024

Ronak Radiators Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 43 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.63 Cr
  • Satisfied Charges ₹ 7.40 M
  • Revenue Growth 24.19%
  • Profit Growth 25.31%
  • Ebitda 39.33%
  • Net Worth 23.59%
  • Total Assets 52.31%

About Ronak Radiators

Ronak Radiators Private Limited (RRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 July 1981 and has a history of 43 years and seven months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Maxtronix Private Limited. The Company is engaged in the Machinery And Equipment 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹5.63 Cr. The company has closed loans amounting to ₹7.40 M, as per Ministry of Corporate Affairs (MCA) records.

Smitaben Panchal, Ronak Panchal, Ilaxiben Panchal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ronakradiators.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ1981PTC004466

  • Company No.

    004466

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Ronak Radiators Private Limited offer?

Ronak Radiators Private Limited offers a wide range of products and services, including Transformers & Transformer Parts, Transformer Parts.

Who are the key members and board of directors at Ronak Radiators?

Financial Performance of Ronak Radiators.

Ronak Radiators Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.19% increase. The company also saw a substantial improvement in profitability, with a 25.31% increase in profit. The company's net worth Soared by an impressive increase of 23.59%.

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
24.19%
Revenue from Operations
24.20%
Total Assets
52.31%
Profit or Loss
25.31%
Net Worth
23.59%
EBITDA
39.33%

What is the Ownership and Shareholding Structure of Ronak Radiators?

In 2023, Ronak Radiators 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

₹56.30 M

Satisfied Charges

₹7.40 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.63 Cr

Latest Charge Details

DateLenderAmountStatus
08 Dec 2023Hdfc Bank Limited₹5.63 CrOpen
23 Oct 2007State Bank Of India₹7.40 MSatisfied

How Many Employees Work at Ronak Radiators?

Ronak Radiators has a workforce of 13 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ronak Radiators, 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 Ronak Radiators'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 Ronak Radiators

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 56.30 M registered on 08 Dec 2023 with Charge ID 100833713 was modified on 05 Oct 2024.

    05 Oct 2024

  • Annual General Meeting

    Ronak Radiators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ronak Radiators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 23 Oct 2007 via Charge ID 10078759 with State Bank Of India was fully satisfied on 17 Dec 2023.

    17 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 56.30 M with Charge ID 100833713 was registered on 08 Dec 2023.

    08 Dec 2023

  • Director Appointment

    Ronak Satishkumar Panchal was appointed as a Director was appointed as a Director on 14 May 2016 & has been associated with this company since 8 years 9 months .

    14 May 2016

Frequently asked questions

  • What is the Incorporation or founding date of Ronak Radiators Private Limited?

    Ronak Radiators Private Limited was incorporated on 02 Jul 1981.

  • What is authorized share capital and paid-up capital of Ronak Radiators Private Limited?

    The authorized share capital of Ronak Radiators Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of Ronak Radiators Private Limited?

    Currently 5 directors are associated with Ronak Radiators Private Limited.

    • Smitaben Shaileshbhai Panchal
    • Ronak Satishkumar Panchal
    • Ilaxiben Satishbhai Panchal
    • Satishbhai Ratilal Panchal
    • Shaileshkumar Ratilal Panchal
  • What is the registered address of Ronak Radiators Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ronak Radiators Private Limited is A1-974/3 Gidc Makarpura, India, Vadodara, Gujarat, 390010.

  • What is the corporate identification number (CIN) and company number of Ronak Radiators Private Limited?

    The corporate identification number (CIN) of Ronak Radiators Private Limited is U74999GJ1981PTC004466 and the company number is 004466 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ronak Radiators Private Limited?

    The Official website of Ronak Radiators Private Limited is https://www.ronakradiators.com

  • What has been the recent revenue trend for Ronak Radiators Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ronak Radiators Private Limited has risen by 24.19%.

  • How many employees does Ronak Radiators Private Limited currently have?

    As Per 2023 financial reports, 13 employees are currently employed by Ronak Radiators Private Limited.

  • What change has been observed in the net worth of Ronak Radiators Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ronak Radiators Private Limited has experienced an upsurge of 23.59%.

  • What are the total open charges for Ronak Radiators Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ronak Radiators Private Limited amount to ₹ 5.63 Cr.

  • When was the last Balance Sheet of Ronak Radiators Private Limited filed with the ROC?

    The most recent Balance Sheet for Ronak Radiators Private Limited was filed with the ROC on 31 Mar 2024.

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