Roots Industries India Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.60 Cr
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 131.80 Cr
- Satisfied Charges ₹ 40.76 Cr
- Revenue Growth -2.55%
- Profit Growth -5.90%
- Ebitda -9.32%
- Net Worth 11.29%
- Total Assets 3.67%
About Roots Industries India
Roots Industries India Private Limited (RIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 December 1990 and has a history of 34 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Roots Industries 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.60 Cr.
The company currently has active open charges totaling ₹131.80 Cr. The company has closed loans amounting to ₹40.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Roots Industries India Private Limited India is Sudhakar as COMPANY SECRETARY. Ramasamy, Mittur Sundararajan, Varun Ramaswamy, and Six other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U02520TZ1990PTC002987
- Company No.
002987
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Dec 1990
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
What products or services does Roots Industries India Private Limited offer?
Roots Industries India Private Limited offers a wide range of products and services, including E Vehicles, Electric Heavy and Medium Commercial Vehicles, Automobile Interiors & Accessories, Vehicle Horn, Automobile Horns, Air Pressure Horns, Limit Switches, Belt Sway Limit Switches, Electric Horns, Automotive Switches.
Who are the key members and board of directors at Roots Industries India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramasamy  | Managing Director | 27-Dec-1990 | Current |
| Sudhakar | Company Secretary | 01-Feb-2022 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vaidialingam Rajashekar | Director | 01-Oct-2018 | Current |
| Chidambaram Sivakumar | Director | 04-Nov-2019 | Current |
| Karunakaran Saravanasundaram | Whole-Time Director | 30-Mar-2009 | Current |
| Mittur Sundararajan | Director | 01-Apr-2022 | Current |
| Varun Ramaswamy | Director | 24-Aug-2006 | Current |
| Rajalakshmi Umaadhevi | Director | 01-Apr-2021 | Current |
Financial Performance of Roots Industries India.
Roots Industries India Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 2.55% decrease. The company also saw a slight decrease in profitability, with a 5.9% decrease in profit. The company's net worth Soared by an impressive increase of 11.29%.
- Key Matrics
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- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Roots Industries India?
In 2021, Roots Industries India had a promoter holding of 88.11% and a public holding of 11.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Roots Precision Products Private LimitedRamasamy, Varun Ramaswamy and 1 more are mutual person
- Roots Auto Products Private Limited
Ramasamy, Varun Ramaswamy and 1 more are mutual person
American Auto Service Private LimitedRamasamy and Varun Ramaswamy are mutual person
Roots Cast Private LimitedRamasamy, Varun Ramaswamy and 1 more are mutual person
Roots Multi Clean LimitedRamasamy, Varun Ramaswamy and 3 more are mutual person
Planys Technologies Private LimitedChidambaram Sivakumar is a mutual person
Charges (Loans)
₹131.80 Cr
₹40.76 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 87.00 Cr
- State Bank Of India : 26.70 Cr
- Others : 10.00 Cr
- Hdfc Bank Limited : 6.00 Cr
- Bank Of India : 1.25 Cr
- Others : 0.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2023 | Citi Bank N.A. | ₹15.00 Cr | Open |
| 10 Oct 2022 | Citi Bank N.A. | ₹20.00 Cr | Open |
| 30 Jun 2020 | Others | ₹5.00 Cr | Open |
| 03 Jun 2020 | Hdfc Bank Limited | ₹6.00 Cr | Open |
| 07 Dec 2018 | Citi Bank N.A. | ₹10.00 Cr | Open |
How Many Employees Work at Roots Industries India?
Roots Industries India has a workforce of 1728 employees as of Apr 10, 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 Roots Industries 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 Roots Industries 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.
