Roots Air Systems Private Limited

Designs and manufactures energy-efficient air systems and miscellaneous products for various clients.

1988 | New Delhi, Delhi (India) | Active
Last Updated: July 08, 2024

Roots Air Systems Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.95 M
  • Company Age 37 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 17.90 Cr
  • Revenue Growth -24.96%
  • Profit Growth -98.78%
  • Ebitda -126.51%
  • Net Worth 0.09%
  • Total Assets -25.42%

About Roots Air Systems

Roots Air Systems Private Limited (RASPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 January 1988 and has a history of 37 years and one month. Its registered office is in New Delhi, Delhi, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.95 M.

The company has closed loans amounting to ₹17.90 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rakesh Modi and Shashi Modi serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rootsairsystems.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1988PTC030311

  • Company No.

    030311

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jan 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Roots Air Systems Private Limited offer?

Roots Air Systems Private Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, HVAC System, Ventilation Louvers, Aluminum Louvers, Fan Coil Unit, Industrial Air Cooler, Air Washer Cooler, Air Damper, Industrial project consultants, Wind Energy Project.

Who are the key members and board of directors at Roots Air Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Rakesh Modi Country flag representing In Director 14-Jan-1988Current
Shashi Modi Country flag representing In Director 22-Aug-1988Current

Financial Performance of Roots Air Systems.

Roots Air Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.96% decrease. The company also saw a substantial fall in profitability, with a 98.78% decrease in profit. The company's net worth moved up by a moderate rise of 0.09%.

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
-24.96%
Revenue from Operations
-31.23%
Total Assets
-25.42%
Profit or Loss
-98.78%
Net Worth
0.09%
EBITDA
-126.51%

What is the Ownership and Shareholding Structure of Roots Air Systems?

In 2023, Roots Air Systems 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

₹0

Satisfied Charges

₹178.95 M

Charges Breakdown by Lending Institutions

  • Punjab And Sind Bank : 15.58 Cr
  • Punjab & Sind Bank : 2.32 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2011Punjab And Sind Bank₹1.20 CrSatisfied
19 Apr 2011Punjab And Sind Bank₹1.20 CrSatisfied
19 Apr 2011Punjab & Sind Bank₹2.25 CrSatisfied
14 Aug 2008Punjab And Sind Bank₹2.20 CrSatisfied
14 Aug 2008Punjab And Sind Bank₹2.20 CrSatisfied

How Many Employees Work at Roots Air Systems?

Roots Air Systems has a workforce of 6 employees as of Apr 04, 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 Roots Air Systems, 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 Roots Air Systems'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 Roots Air Systems

Recent activity within the organization

  • Annual General Meeting

    Roots Air Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Roots Air Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 19 Apr 2011 via Charge ID 10284920 with Punjab And Sind Bank was fully satisfied on 25 May 2018.

    25 May 2018

  • Charges

    A charge registered on 19 Apr 2011 via Charge ID 10284935 with Punjab And Sind Bank was fully satisfied on 25 May 2018.

    25 May 2018

  • Charges

    A charge registered on 19 Apr 2011 via Charge ID 10284936 with Punjab & Sind Bank was fully satisfied on 25 May 2018.

    25 May 2018

  • Charges

    A charge registered on 14 Aug 2008 via Charge ID 10120252 with Punjab And Sind Bank was fully satisfied on 25 May 2018.

    25 May 2018

Frequently asked questions

  • Roots Air Systems Private Limited was incorporated on 14 Jan 1988.

  • The authorized share capital of Roots Air Systems Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.95 M.

  • Currently 2 directors are associated with Roots Air Systems Private Limited.

    • Rakesh Kumar Modi
    • Shashi Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Roots Air Systems Private Limited is Flat No: 552 Pkt A M KSfs Flat East Of Kailash Near Dps School, New Delhi, India, 110065.

  • The corporate identification number (CIN) of Roots Air Systems Private Limited is U74899DL1988PTC030311 and the company number is 030311 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Roots Air Systems Private Limited is https://www.rootsairsystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Roots Air Systems Private Limited has fallen by -24.96%.

  • As Per 2023 financial reports, 6 employees are currently employed by Roots Air Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Roots Air Systems Private Limited has experienced an upsurge of 0.09%.

  • The most recent Balance Sheet for Roots Air Systems Private Limited was filed with the ROC on 31 Mar 2023.

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