Xlerate Driveline India Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 16.13 Cr
as on 24-10-2024
- Company Age 29 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.61 Cr
as on 24-10-2024
- Satisfied Charges ₹ 1.10 M
as on 24-10-2024
- Revenue -32.74%
(FY 2023)
- Profit -74.19%
(FY 2023)
- Ebitda -58.18%
(FY 2023)
- Net Worth 6.43%
(FY 2023)
- Total Assets -14.52%
(FY 2023)
About Xlerate Driveline India
The Corporate was formerly known as Raunaq Driveline India Limited. The Company is engaged in the Automotive 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 20.00 Cr and a paid-up capital of Rs 16.13 Cr.
The company currently has active open charges totaling ₹9.61 Cr. The company has closed loans amounting to ₹1.10 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Xlerate Driveline India Limited India are Sumit Sharma as COMPANY SECRETARY and Manish Jain as Cfo. Sachit Kanwar, Kushagra Gupta, and Afsheen Kanwar serve as directors at the Company.
- CIN/LLPIN
U35990HR1995PLC050123
- Company No.
050123
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Oct 1995
- Date of AGM
03 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Faridabad, Haryana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Xlerate Driveline India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sachit Kanwar  | Managing Director | 26-Sep-2012 | Current |
| Sumit Sharma | Company Secretary | 20-Mar-2024 | Current |
| Manish Jain | CFO | 03-Mar-2023 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kushagra Gupta  | Director | 07-Jan-2022 | Current |
| Afsheen Kanwar | Director | 20-Dec-2021 | Current |
Financial Performance and Corporate Structure Insights of Xlerate Driveline India.
Xlerate Driveline India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.74% decrease. The company also saw a substantial fall in profitability, with a 74.19% decrease in profit. The company's net worth moved up by a moderate rise of 6.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Xlerate Driveline India?
In 2023, Xlerate Driveline 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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 09 Feb 2023 | ₹6.10 M | Open |
Others Creation Date: 11 Sep 2013 | ₹9.00 Cr | Open |
Others Creation Date: 30 Nov 2021 | ₹1.10 M | Satisfied |
How Many Employees Work at Xlerate Driveline India?
Xlerate Driveline India has a workforce of 31 employees as of Apr 03, 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 Xlerate Driveline 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 Xlerate Driveline India'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.
