Rushas Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 8.50 M
- Paid Up Capital ₹ 7.51 M
- Company Age 46 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.70 Cr
- Satisfied Charges ₹ 18.84 Cr
- Revenue Growth 50.49%
- Profit Growth 111.69%
- Ebitda 18.49%
- Net Worth 38.30%
- Total Assets 18.92%
About Rushas Engineering Company
Rushas Engineering Company Private Limited (RECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 September 1978 and has a history of 46 years and seven months. Its registered office is in Ahmed Nagar, Maharashtra, India.
The Corporate was formerly known as Rushas Engineering Company Ltd. 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 8.50 M and a paid-up capital of Rs 7.51 M.
The company currently has active open charges totaling ₹14.70 Cr. The company has closed loans amounting to ₹18.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
Satish Salvekar, Vasudha Salvekar, and Girish Salvekar serve as directors at the Company.
Company Details
- Location
Ahmed Nagar, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29199MH1978PTC020628
- Company No.
020628
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Sep 1978
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Manufacturing
Machinery and Equipment
What products or services does Rushas Engineering Company Private Limited offer?
Rushas Engineering Company Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Globe Valves, Doors and Windows, Door, Fire Doors, Fire Resistant Doors, Gate & Sluice Valves, Industrial Valves, Industrial Furnaces & Ovens, Furnace Parts.
Rushas Engineering Company Private Limited
Explore comprehensive data for Rushas Engineering Company Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rushas Engineering Company?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satish Salvekar  | Director | 25-Sep-1998 | Current |
| Vasudha Salvekar | Director | 18-Feb-2002 | Current |
| Girish Salvekar | Director | 10-Jul-2011 | Current |
Financial Performance of Rushas Engineering Company.
Rushas Engineering Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.49% increase. The company also saw a substantial improvement in profitability, with a 111.69% increase in profit. The company's net worth Soared by an impressive increase of 38.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rushas Engineering Company?
In 2023, Rushas Engineering Company had a promoter holding of 73.94% and a public holding of 26.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ahmednagar Auto & Engineering AssociationSatish Salvekar is a mutual person
- Onkar Foundry And Engineering Company Private Limited
Girish Salvekar is a mutual person
Charges (Loans)
Open Charges
₹147.00 M
Satisfied Charges
₹188.45 M
Charges Breakdown by Lending Institutions
- Others : 14.50 Cr
- Hdfc Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Dec 2022 | Hdfc Bank Limited | ₹2.00 M | Open |
| 18 Oct 2022 | Others | ₹14.50 Cr | Open |
| 20 Nov 2018 | Others | ₹8.50 M | Satisfied |
| 04 Jul 2013 | Ahmednagar Shahar Sahakari Bank Maryadit | ₹8.50 M | Satisfied |
| 20 Jan 2012 | Small Industries Development Bank Of India | ₹5.00 M | Satisfied |
How Many Employees Work at Rushas Engineering Company?
Unlock and access historical data on people associated with Rushas Engineering Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rushas Engineering Company, 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 Rushas Engineering Company'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 Rushas Engineering Company
Recent activity within the organization
- Annual General Meeting
Rushas Engineering Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Rushas Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Others of Rs. 145.00 M registered on 18 Oct 2022 with Charge ID 100640205 was modified on 17 May 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100658081 was registered on 02 Dec 2022.
- Charges
A charge registered on 31 Dec 2006 via Charge ID 10032199 with Others was fully satisfied on 10 Nov 2022.
- Charges
A charge registered on 20 Nov 2018 via Charge ID 100221514 with Others was fully satisfied on 29 Oct 2022.
Frequently asked questions
What is the Incorporation or founding date of Rushas Engineering Company Private Limited?
Rushas Engineering Company Private Limited was incorporated on 11 Sep 1978.
What is authorized share capital and paid-up capital of Rushas Engineering Company Private Limited?
The authorized share capital of Rushas Engineering Company Private Limited is ₹ 8.50 M and paid-up capital is ₹ 7.51 M.
Who are the current board members & directors of Rushas Engineering Company Private Limited?
Currently 3 directors are associated with Rushas Engineering Company Private Limited.
- Satish Dattatraya Salvekar
- Vasudha Girish Salvekar
- Girish Dattatraya Salvekar
What is the registered address of Rushas Engineering Company Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rushas Engineering Company Private Limited is B-6 Midc, India, Ahmednagar, Maharashtra, 414111.
What is the corporate identification number (CIN) and company number of Rushas Engineering Company Private Limited?
The corporate identification number (CIN) of Rushas Engineering Company Private Limited is U29199MH1978PTC020628 and the company number is 020628 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rushas Engineering Company Private Limited?
The Official website of Rushas Engineering Company Private Limited is https://www.rushasvalves.com
What has been the recent revenue trend for Rushas Engineering Company Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rushas Engineering Company Private Limited has risen by 50.49%.
What change has been observed in the net worth of Rushas Engineering Company Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rushas Engineering Company Private Limited has experienced an upsurge of 38.30%.
What are the total open charges for Rushas Engineering Company Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rushas Engineering Company Private Limited amount to ₹ 14.70 Cr.
When was the last Balance Sheet of Rushas Engineering Company Private Limited filed with the ROC?
The most recent Balance Sheet for Rushas Engineering Company Private Limited was filed with the ROC on 31 Mar 2024.
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