The Rayon Mills Commercial Corporation Limited

Provides financial support and assistance to silk and art silk mills.

1956 | Mumbai, Maharashtra (India) | Active
Last Updated: December 07, 2024

The Rayon Mills Commercial Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.71 M
  • Company Age 68 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -5.81%
  • Profit Growth -9.36%
  • Ebitda -4.81%
  • Net Worth -66.52%
  • Total Assets -28.98%

About The Rayon Mills Commercial Corporation

The Rayon Mills Commercial Corporation Limited (TRMCCL) was founded in India on 16 November 1956 and has a glorious history of 68 years and three months.Its registered office is in Mumbai, Maharashtra, India.

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 5.00 M and a paid-up capital of Rs 0.71 M, as per Ministry of Corporate Affairs (MCA) records.

Mihir Mehta, Bharat Mehta, Rohit Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100MH1956PLC009890

  • Company No.

    009890

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1956

  • Date of AGM

    25 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 The Rayon Mills Commercial Corporation?

Board Members (4)

NameDesignationAppointment DateStatus
Mihir Mehta Country flag representing In Director 30-Sep-2009Current
Bharat Mehta Country flag representing In Director 30-Sep-2015Current
Rohit Patel Country flag representing In Director 26-Sep-2018Current
Viresh Kamdar Country flag representing In Director 30-Sep-2015Current

Financial Performance of The Rayon Mills Commercial Corporation.

The Rayon Mills Commercial Corporation Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 5.81% decrease. The company also saw a slight decrease in profitability, with a 9.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 66.52%.

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
-5.81%
Revenue from Operations
Total Assets
-28.98%
Profit or Loss
-9.36%
Net Worth
-66.52%
EBITDA
-4.81%

What is the Ownership and Shareholding Structure of The Rayon Mills Commercial Corporation?

In 2019, The Rayon Mills Commercial Corporation had a promoter holding of 6.03% and a public holding of 93.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at The Rayon Mills Commercial Corporation?

Unlock and access historical data on people associated with The Rayon Mills Commercial Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Rayon Mills Commercial Corporation, 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 The Rayon Mills Commercial Corporation'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 The Rayon Mills Commercial Corporation

Recent activity within the organization

  • Annual General Meeting

    The Rayon Mills Commercial Corporation Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    The Rayon Mills Commercial Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Rohit Chhotalal Patel was appointed as a Director was appointed as a Director on 26 Sep 2018 & has been associated with this company since 6 years 4 months .

    26 Sep 2018

  • Director Appointment

    Bharat Harshad Mehta was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 4 months .

    30 Sep 2015

  • Director Appointment

    Viresh Tansukhlal Kamdar was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 4 months .

    30 Sep 2015

  • Director Appointment

    Mihir Rameshchandra Mehta was appointed as a Director was appointed as a Director on 30 Sep 2009 & has been associated with this company since 15 years 4 months .

    30 Sep 2009

Frequently asked questions

  • The Rayon Mills Commercial Corporation Limited was incorporated on 16 Nov 1956.

  • The authorized share capital of The Rayon Mills Commercial Corporation Limited is ₹ 5.00 M and paid-up capital is ₹ 0.71 M.

  • Currently 4 directors are associated with The Rayon Mills Commercial Corporation Limited.

    • Mihir Rameshchandra Mehta
    • Bharat Harshad Mehta
    • Rohit Chhotalal Patel
    • Viresh Tansukhlal Kamdar
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Rayon Mills Commercial Corporation Limited is Resham Bhavan78 Veer Nariman Road India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of The Rayon Mills Commercial Corporation Limited is U17100MH1956PLC009890 and the company number is 009890 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for The Rayon Mills Commercial Corporation Limited has fallen by -5.81%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of The Rayon Mills Commercial Corporation Limited has experienced an downturn of -66.52%.

  • The most recent Balance Sheet for The Rayon Mills Commercial Corporation Limited was filed with the ROC on 31 Mar 2024.

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