Roots Precision Products Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.00 M
- Company Age 18 Year, 12 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.22 Cr
- Satisfied Charges ₹ 9.60 M
- Revenue Growth 11.43%
- Profit Growth 9.15%
- Ebitda -14.03%
- Net Worth 3.83%
- Total Assets 28.66%
About Roots Precision Products
Roots Precision Products Private Limited (RPPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 2007 and has a history of 18 years. Its registered office is in Coimbatore, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 9.00 M.
The company currently has active open charges totaling ₹3.22 Cr. The company has closed loans amounting to ₹9.60 M, as per Ministry of Corporate Affairs (MCA) records.
Varun Ramaswamy, Rajalakshmi Umaadhevi, Duraisamy Sivaprakasam, and One other member 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
U29220TZ2007PTC013694
- Company No.
013694
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 May 2007
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Machinery and Equipment
Roots Precision Products Private Limited
Explore comprehensive data for Roots Precision Products Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Roots Precision Products?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Ramaswamy  | Director | 07-May-2007 | Current |
| Rajalakshmi Umaadhevi | Director | 07-May-2007 | Current |
| Duraisamy Sivaprakasam | Whole-Time Director | 01-Jul-2010 | Current |
| Ramasamy | Director | 07-May-2007 | Current |
Financial Performance of Roots Precision Products.
Roots Precision Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.43% increase. The company also saw a slight improvement in profitability, with a 9.15% increase in profit. The company's net worth moved up by a moderate rise of 3.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Roots Precision Products?
In 2023, Roots Precision Products had a promoter holding of 33.33% and a public holding of 66.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Roots Auto Products Private Limited
Varun Ramaswamy, Rajalakshmi Umaadhevi and 1 more are mutual person
Roots Industries India Private LimitedVarun Ramaswamy, Rajalakshmi Umaadhevi and 1 more are mutual person
- American Auto Service Private Limited
Varun Ramaswamy and Ramasamy are mutual person
Roots Cast Private LimitedVarun Ramaswamy, Duraisamy Sivaprakasam and 1 more are mutual person
Roots Multi Clean LimitedVarun Ramaswamy, Rajalakshmi Umaadhevi and 1 more are mutual person
Roots Holistic Health And Wellness Center LlpRajalakshmi Umaadhevi is a mutual person
Charges (Loans)
Open Charges
₹3.22 Cr
Satisfied Charges
₹0.96 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 2.72 Cr
- Indian Bank : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2008 | Indian Overseas Bank | ₹2.72 Cr | Open |
| 03 Aug 2007 | Indian Bank | ₹5.00 M | Open |
| 28 Sep 2017 | Idbi Bank Limited | ₹6.00 M | Satisfied |
| 03 Aug 2007 | Indian Bank | ₹3.60 M | Satisfied |
How Many Employees Work at Roots Precision Products?
Roots Precision Products has a workforce of 57 employees as of Apr 07, 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 Precision Products, 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 Precision Products'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.
Latest Updates, News, and FAQs on Roots Precision Products
Recent activity within the organization
- Annual General Meeting
Roots Precision Products Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Roots Precision Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge registered on 28 Sep 2017 via Charge ID 100126737 with Idbi Bank Limited was fully satisfied on 24 Sep 2020.
- Charges
A charge with Idbi Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100126737 was registered on 28 Sep 2017.
- Charges
A charge registered on 03 Aug 2007 via Charge ID 10063692 with Indian Bank was fully satisfied on 24 Aug 2015.
- Director Appointment
Duraisamy Sivaprakasam was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jul 2010 & has been associated with this company since 14 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Roots Precision Products Private Limited?
Roots Precision Products Private Limited was incorporated on 07 May 2007.
What is authorized share capital and paid-up capital of Roots Precision Products Private Limited?
The authorized share capital of Roots Precision Products Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.00 M.
Who are the current board members & directors of Roots Precision Products Private Limited?
Currently 4 directors are associated with Roots Precision Products Private Limited.
- Varun Karthikeyan Ramaswamy
- Rajalakshmi Kandaswamy Umaadhevi
- Duraisamy Sivaprakasam
- Ramasamy
What is the registered address of Roots Precision Products Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Roots Precision Products Private Limited is R.K.G.Industrial Estate Ganapathy India, Coimbatore, Tamil Nadu, 641006.
What is the corporate identification number (CIN) and company number of Roots Precision Products Private Limited?
The corporate identification number (CIN) of Roots Precision Products Private Limited is U29220TZ2007PTC013694 and the company number is 013694 as per Ministry of Corporate Affairs (MCA).
What is the official website of Roots Precision Products Private Limited?
The Official website of Roots Precision Products Private Limited is https://www.rootsindia.com
What has been the recent revenue trend for Roots Precision Products Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Roots Precision Products Private Limited has risen by 11.43%.
How many employees does Roots Precision Products Private Limited currently have?
As Per 2023 financial reports, 57 employees are currently employed by Roots Precision Products Private Limited.
What change has been observed in the net worth of Roots Precision Products Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Roots Precision Products Private Limited has experienced an upsurge of 3.83%.
What are the total open charges for Roots Precision Products Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Roots Precision Products Private Limited amount to ₹ 3.22 Cr.
When was the last Balance Sheet of Roots Precision Products Private Limited filed with the ROC?
The most recent Balance Sheet for Roots Precision Products Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records