R&R Salons Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.05 M
- Company Age 16 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.74 Cr
- Satisfied Charges ₹ 2.85 M
- Revenue Growth 52.34%
- Profit Growth 76.66%
- Ebitda 49.39%
- Net Worth 113.16%
- Total Assets 20.78%
About R&R Salons
R&R Salons Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 March 2008 and has a history of 16 years and 11 months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Consumer Goods 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 M and a paid-up capital of Rs 1.05 M.
The company currently has active open charges totaling ₹1.74 Cr. The company has closed loans amounting to ₹2.85 M, as per Ministry of Corporate Affairs (MCA) records.
Vaijayanti Bhalchandra and Rahul Bhalchandra serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U93020KA2008PTC045619
- Company No.
045619
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Goods
Health and Wellness Services
Who are the key members and board of directors at R&R Salons?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahul Bhalchandra  | Director | 14-Mar-2008 | Current |
| Vaijayanti Bhalchandra | Director | 17-Sep-2021 | Current |
Financial Performance of R&R Salons.
R&R Salons Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.34% increase. The company also saw a substantial improvement in profitability, with a 76.66% increase in profit. The company's net worth Soared by an impressive increase of 113.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of R&R Salons?
In 2023, R&R Salons had a promoter holding of 40.36% and a public holding of 59.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Niche Beaute Solutions Private LimitedVaijayanti Bhalchandra and Rahul Bhalchandra are mutual person
- Sonnet Beauty Private Limited
Vaijayanti Bhalchandra and Rahul Bhalchandra are mutual person
- Beauty United Private Limited
Vaijayanti Bhalchandra is a mutual person
- Beauty Wellness Association India
Vaijayanti Bhalchandra is a mutual person
Charges (Loans)
Open Charges
₹17.35 M
Satisfied Charges
₹2.85 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2017 | Axis Bank Limited | ₹1.74 Cr | Open |
| 03 Feb 2012 | Bank Of Baroda | ₹0.85 M | Satisfied |
| 30 Mar 2010 | Bank Of Baroda | ₹1.00 M | Satisfied |
| 04 Jan 2010 | Bank Of Baroda | ₹0.50 M | Satisfied |
| 04 Nov 2009 | Bank Of Baroda | ₹0.50 M | Satisfied |
How Many Employees Work at R&R Salons?
R&R Salons has a workforce of 142 employees as of Apr 02, 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 R&R Salons, 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 R&R Salons'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 R&R Salons
Recent activity within the organization
- Annual General Meeting
R&R Salons Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023
- Balance Sheet
R&R Salons Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
31 Mar 2023
- Director Appointment
Vaijayanti Bhalchandra was appointed as a Director was appointed as a Director on 17 Sep 2021 & has been associated with this company since 3 years 5 months .
17 Sep 2021
- Charges
A charge with Axis Bank Limited of Rs. 17.35 M registered on 27 Dec 2017 with Charge ID 100144426 was modified on 03 Aug 2020.
03 Aug 2020
- Charges
A charge with Axis Bank Limited amounted to Rs. 17.35 M with Charge ID 100144426 was registered on 27 Dec 2017.
27 Dec 2017
- Charges
A charge registered on 03 Feb 2012 via Charge ID 10337788 with Bank Of Baroda was fully satisfied on 06 Aug 2012.
06 Aug 2012
Recent News, Updates & Announcement
- YLG Salon Chain Expands to Hyderabad, Targets Rs 65 Crore Investment for 100 New Salons and International Expansion of 'Slogro' Products. Seeking PE Funding with 57 Salons Already Established in Bengaluru, Chennai, and Hyderabad. 8 More to Open by March 2018. IIT Grads' Success Story: Rs 50 Crore in FY17, Aiming for Rs 70 Crore in FY18. Home Salon Services and Professional Beauty Products Also Available..
YLG salon chain enters Hyderabad, plans to invest Rs 65 crore in 100 new salons. Also taking their 'Slogro' products international. Looking for PE funding. Currently have 57 salons in Bengaluru, Chennai, and Hyderabad. Adding 8 more by March 2018. Founded by IIT grads, made Rs 50 crore in FY17. Eyeing Rs 70 crore in FY18. Also offers home salon services and professional beauty products." #YLG #HyderabadExpansion #SlogroInternational #IITGrads #PEFunding #FY18Goals.
Frequently asked questions
What is the Incorporation or founding date of R&R Salons Private Limited?
R&R Salons Private Limited was incorporated on 14 Mar 2008.
What is authorized share capital and paid-up capital of R&R Salons Private Limited?
The authorized share capital of R&R Salons Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.05 M.
Who are the current board members & directors of R&R Salons Private Limited?
Currently 2 directors are associated with R&R Salons Private Limited.
- Vaijayanti Bhalchandra
- Rahul Bhalchandra
What is the registered address of R&R Salons Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of R&R Salons Private Limited is 55 5Th Cross Behind Hotel Leela Palace Kodihalli, Bangalore, Karnataka, India, 560008.
What is the corporate identification number (CIN) and company number of R&R Salons Private Limited?
The corporate identification number (CIN) of R&R Salons Private Limited is U93020KA2008PTC045619 and the company number is 045619 as per Ministry of Corporate Affairs (MCA).
What is the official website of R&R Salons Private Limited?
The Official website of R&R Salons Private Limited is https://www.ylgindia.com
What has been the recent revenue trend for R&R Salons Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for R&R Salons Private Limited has risen by 52.34%.
How many employees does R&R Salons Private Limited currently have?
As Per 2023 financial reports, 142 employees are currently employed by R&R Salons Private Limited.
What change has been observed in the net worth of R&R Salons Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of R&R Salons Private Limited has experienced an upsurge of 113.16%.
What are the total open charges for R&R Salons Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for R&R Salons Private Limited amount to ₹ 1.74 Cr.
When was the last Balance Sheet of R&R Salons Private Limited filed with the ROC?
The most recent Balance Sheet for R&R Salons Private Limited was filed with the ROC on 31 Mar 2023.
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