DPIIT recognised startup Government of India
Startup India
Rack 37 Innotech Private Limited - business services in New Delhi, Delhi, India. Directors, charges & compliance details.
Revenue · FY 2020
₹1.75 Lakh
Latest filing
Net loss · FY 2020
₹54,621
Net margin -31.1%
EBITDA · FY 2020
-₹54,621
EBITDA margin -31.1%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.01 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Rack 37 Innotech Private Limited
Data last updated:
Rack 37 Innotech Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the wholesale trading and distribution segment of the business services sector. It was incorporated on 19 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51109DL2019PTC358962. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.01 Lakh. It is led by directors Aankit Handa and Sonia Handa.
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Flat No.73A Ground Floor Sector – 6 Dwarka New Delhi – 110065, Delhi, India – 110065.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.75 Lakh. For the same year it recorded a net loss of ₹54,621 (net margin -31.1%) and EBITDA of -₹54,621 (EBITDA margin -31.1%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Rack 37 Innotech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0000212). For more details, the company can be reached via its website rack37.com.
Company details
CIN U51109DL2019PTC358962
Registration Number 358962
Incorporation Date 19 December 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 December 2020
Date of Balance Sheet 31 March 2020
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-DL-03-0000212
CIN history
Rack 37 Innotech has one previous CIN (Corporate Identification Number): U51909DL2019PTC358962. The current CIN is U51109DL2019PTC358962, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109DL2019PTC358962 | Current |
| U51909DL2019PTC358962 | Previous |
Key People
Aankit Handa Director Sonia Handa Director Recognitions & Rankings of Rack 37 Innotech
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-DL-03-0000212
Contact details
Rack 37 Innotech Private Limited's registered office is in New Delhi, Delhi.
- Registered AddressFlat No.73A Ground Floor Sector – 6 Dwarka New Delhi – 110065, Delhi, India – 110065
- IndustryBusiness Services, Wholesale, Commission Agents, Contractual Work
Comprehensive company report
Rack 37 Innotech Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Rack 37 Innotech is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Rack 37 Innotech Private Limited, buy the company report.
Financials of Rack 37 Innotech Private Limited
FY 2020 filings availableRack 37 Innotech Private Limited reported revenue of ₹1.75 Lakh for FY 2020.
Revenue · FY 2020
₹1.75 Lakh
Net loss · FY 2020
₹54,621 margin -31.1%
EBITDA · FY 2020
-₹54,621 margin -31.1%
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹54,621 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹54,621 |
| 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 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | -31.1% |
| Net Profit Margin | -31.1% |
| 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 Rack 37 Innotech Private Limited, buy the company report.
Board of directors of Rack 37 Innotech Private Limited
Rack 37 Innotech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aankit Handa Also directs: Rack 37 Exports LLP, Handa Realtech Private Limited | Director | 19 Dec 2019 | 6 Years 10 Months | Current |
| Sonia Handa Also directs: Rack 37 Exports LLP, Four Its Private Limited | Director | 19 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Rack 37 Innotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahodar Vinimay Private Limited | ₹1.76 Lakh (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Farrino Lubricants Private Limited | ₹1.75 Lakh (FY 2024) | Kanpur, Uttar Pradesh, India | ||||
| Vappras Healthcare Private Limited | ₹1.75 Lakh (FY 2025) | 40.0% | Virar, Maharashtra, India | |||
| Bigbest Infotech Private Limited | ₹1.75 Lakh (FY 2025) | -24.0% | New Delhi, Delhi, India | |||
| Pet Trading Zone Private Limited | ₹1.75 Lakh (FY 2016) | -90.0% | Vadodara, Gujarat, India | |||
| Rack 37 Innotech Private Limitedthis company | ₹1.75 Lakh (FY 2020) | -₹54,621 | -31.1% | New Delhi, Delhi, India | ||
| Agile Fashions India Private Limited | ₹1.75 Lakh (FY 2019) | 58539.0% | Coimbatore, Tamil Nadu, India | |||
| Sutrushna Aqua Private Limited | ₹1.75 Lakh (FY 2021) | -75.0% | Bhubaneswar, Odisha, India | |||
| Binary Network Solutions Private Limited | ₹1.75 Lakh (FY 2016) | New Delhi, Delhi, India | ||||
| Lifeis World Enterprises Private Limited | ₹1.75 Lakh (FY 2017) | -98.0% | Bangalore, Karnataka, India | |||
| Padmika Infrastructure Private Limited | ₹1.75 Lakh (FY 2024) | 10.0% | Gmc, Assam, India |
To see the full peer comparison of Rack 37 Innotech Private Limited, buy the company report.
Legal cases
Rack 37 Innotech Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of Rack 37 Innotech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rack 37 Innotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rack 37 Innotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Rack 37 Innotech Private Limited, buy the company report.
Recent activity
Rack 37 Innotech Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Aankit Handa was appointed as Director on 19 Dec 2019.
AGM
Rack 37 Innotech Private Limited last Annual general meeting of members was held on 29 Dec 2020 as per latest MCA records.
Filing
Rack 37 Innotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.
Appointed
Aankit Handa was appointed as Director.
Appointed
Sonia Handa was appointed as Director.
Incorporation
19 Dec 2019
Rack 37 Innotech Private Limited was registered on 19 Dec 2019 with Roc Delhi & aged 6 years 10 months as per MCA records.
Frequently asked questions
Rack 37 Innotech is an active private limited company based in New Delhi, Delhi, India. The company works in wholesale, within the business services industry. It was incorporated on 19 December 2019 (7+ years old) and is registered under CIN U51109DL2019PTC358962.
Rack 37 Innotech has 2 current directors:
- Aankit Handa - Director
- Sonia Handa - Director
The latest financial statements of Rack 37 Innotech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from FY 2020 are in the company report.
No. Rack 37 Innotech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rack 37 Innotech is U51109DL2019PTC358962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rack 37 Innotech has 1 court case on record: 1 filed against it. 1 is pending.
Rack 37 Innotech was incorporated on 19 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Rack 37 Innotech by revenue are Mahodar Vinimay Private Limited, Farrino Lubricants Private Limited, Vappras Healthcare Private Limited, Bigbest Infotech Private Limited, Pet Trading Zone Private Limited and 5 more, all in the same principal business activity (retail trading).
Aankit Handa was appointed as Director on 19 Dec 2019. Sonia Handa was appointed as Director on 19 Dec 2019.
Yes, Rack 37 Innotech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Rack 37 Innotech is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-03-0000212).
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