Royal Art Impex (India) Private Limited

Manufactures and trades yarn, fabrics, and textiles in Surat, Gujarat.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Royal Art Impex (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.28 M
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.41 Cr
  • Satisfied Charges ₹ 4.21 Cr
  • Revenue Growth 33.40%
  • Profit Growth 3.27%
  • Ebitda -100.94%
  • Net Worth 15.75%
  • Total Assets 18.10%

About Royal Art Impex (India)

Royal Art Impex (India) Private Limited (RAIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 May 1996 and has a history of 28 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Art Marbles Private Limited. 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 2.50 M and a paid-up capital of Rs 2.28 M.

The company currently has active open charges totaling ₹13.41 Cr. The company has closed loans amounting to ₹4.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Murlimanohar Modani, Kailash Modani, and Akarsh Modani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    royalartimpex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51432MH1996PTC099461

  • Company No.

    099461

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 1996

  • Date of AGM

    30 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 Royal Art Impex (India)?

Board Members (3)

Name Designation Appointment Date Status
Murlimanohar Modani Country flag representing In Director 24-Jan-2002 Current
Kailash Modani Country flag representing In Director 30-Jul-2005 Current
Akarsh Modani Country flag representing In Director 19-Apr-2024 Current

Financial Performance of Royal Art Impex (India).

Royal Art Impex (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.4% increase. The company also saw a slight improvement in profitability, with a 3.27% increase in profit. The company's net worth Soared by an impressive increase of 15.75%.

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
33.40%
Revenue from Operations
32.84%
Total Assets
18.10%
Profit or Loss
3.27%
Net Worth
15.75%
EBITDA
-100.94%

What is the Ownership and Shareholding Structure of Royal Art Impex (India)?

In 2023, Royal Art Impex (India) 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

₹134.10 M

Satisfied Charges

₹42.15 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 13.41 Cr

Latest Charge Details

Date Lender Amount Status
05 Jan 2022 Axis Bank Limited ₹13.41 Cr Open
30 Mar 2017 Hdfc Bank Limited ₹2.31 Cr Satisfied
25 May 2006 Bank Of Baroda ₹1.90 Cr Satisfied

How Many Employees Work at Royal Art Impex (India)?

Royal Art Impex (India) has a workforce of 5 employees as of Apr 05, 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 Royal Art Impex (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 Royal Art Impex (India)'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 Royal Art Impex (India)

Recent activity within the organization

  • Annual General Meeting

    Royal Art Impex (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Akarsh Modani was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 9 months 30 days .

    19 Apr 2024

  • Balance Sheet

    Royal Art Impex (India) 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. 134.10 M registered on 05 Jan 2022 with Charge ID 100523753 was modified on 18 Mar 2023.

    18 Mar 2023

  • Charges

    A charge registered on 30 Mar 2017 via Charge ID 100095742 with Hdfc Bank Limited was fully satisfied on 16 Feb 2022.

    16 Feb 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 134.10 M with Charge ID 100523753 was registered on 05 Jan 2022.

    05 Jan 2022

Frequently asked questions

  • Royal Art Impex (India) Private Limited was incorporated on 13 May 1996.

  • The authorized share capital of Royal Art Impex (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.28 M.

  • Currently 3 directors are associated with Royal Art Impex (India) Private Limited.

    • Murlimanohar Modani
    • Kailash Narayan Modani
    • Akarsh Modani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Royal Art Impex (India) Private Limited is 425 The Summit Business Bay Omkar Tower Prakashwadi Andheri East, India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Royal Art Impex (India) Private Limited is U51432MH1996PTC099461 and the company number is 099461 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Royal Art Impex (India) Private Limited is https://www.royalartimpex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Royal Art Impex (India) Private Limited has risen by 33.40%.

  • As Per 2023 financial reports, 5 employees are currently employed by Royal Art Impex (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Royal Art Impex (India) Private Limited has experienced an upsurge of 15.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Royal Art Impex (India) Private Limited amount to ₹ 13.41 Cr.

  • The most recent Balance Sheet for Royal Art Impex (India) Private Limited was filed with the ROC on 31 Mar 2024.