About Raceme Infotech Solutions Private Limited
Data last updated:
Raceme Infotech Solutions Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the scientific measuring equipment segment of the electronics sector. It was incorporated on 30 September 2003.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2003PTC122434. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ajay Sharma and Mukta Sharma.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at F – 20/18 Krishna Nagar, Delhi, India – 110051.
As per the financials filed for FY 2017, the company reported a revenue of ₹8.3 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.85 Lakh (net margin -22.3%) and EBITDA of -₹64,268 (EBITDA margin -7.7%).
The last known website on record is racemeinfotech.com.
Company details
Contact details
Raceme Infotech Solutions Private Limited's registered office is in Delhi, Delhi. Its website is racemeinfotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 20/18 Krishna Nagar, Delhi, India – 110051
- IndustryElectrnoics, Scientific Measuring Equipment, Electronic, Communication, Computer
To see the full contact details of Raceme Infotech Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Raceme Infotech Solutions is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Raceme Infotech Solutions Private Limited, buy the company report.
Financials of Raceme Infotech Solutions Private Limited
FY 2018 filings availableRaceme Infotech Solutions Private Limited reported revenue of ₹8.3 Lakh (down 85% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 85% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹8.3 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹64,268 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.85 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -7.7% | ||
| Net Profit Margin | -22.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Raceme Infotech Solutions Private Limited, buy the company report.
Board of directors of Raceme Infotech Solutions Private Limited
Raceme Infotech Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Sharma Also directs: Raceme Tenders LLP, 3C Itcians Private Limited | Director | 24 Nov 2008 | 17 Years 11 Months | As last reported |
| Mukta Sharma | Director | 24 Nov 2008 | 17 Years 11 Months | As last reported |
Auditor
Raceme Infotech Solutions Private Limited is audited by R C CHADDA & CO LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R C CHADDA & CO LLP | FY 2017 | 003151N/N50001 |
Shareholding
The shareholding of Raceme Infotech Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Raceme Infotech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Raceme Infotech Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Raceme Infotech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Raceme Infotech Solutions Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Raceme Infotech Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Raceme Infotech Solutions Private Limited, buy the company report.
Recent activity
Raceme Infotech Solutions Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Baldev Raj Sharma ceased to be Director on 05 May 2009.
Frequently asked questions
Raceme Infotech Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Raceme Infotech Solutions was a private limited company based in Delhi, India. The company worked in scientific measuring equipment, within the electronics industry. It was incorporated on 30 September 2003 and is registered under CIN U72900DL2003PTC122434. The company has been struck off by the Registrar of Companies and is no longer operational.
Raceme Infotech Solutions had 2 directors:
- Ajay Sharma - Director
- Mukta Sharma - Director
The CIN (Corporate Identification Number) of Raceme Infotech Solutions is U72900DL2003PTC122434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Raceme Infotech Solutions is at F – 2018 Krishna Nagar, Delhi, India – 110051.
Raceme Infotech Solutions was incorporated on 30 September 2003. It is registered with the Registrar of Companies, Delhi.
Raceme Infotech Solutions can be reached through the website racemeinfotech.com. Its registered office is in Delhi, India.
The latest financial statements of Raceme Infotech Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Raceme Infotech Solutions has 1 GST registration on record and it is cancelled or inactive.
Raceme Infotech Solutions operated in the electronics industry, in the scientific measuring equipment segment. It worked in this industry before it was struck off.
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