Radical Innovision Private Limited

Radical Innovision Private Limited - financial services in Nagpur, Maharashtra, India. Directors, charges & compliance details.
CIN U28299MH1994PTC273871 Incorporated 09 September 1994 ROC Mumbai HQ Nagpur, Maharashtra, India
Merged Private Limited Company financial services
Data last updated
Revenue · FY 2018
₹1.54 Cr
▲ 1% YoY
Net profit · FY 2018
₹54.41 Lakh
Net margin 35.3%
EBITDA · FY 2018
-₹78.94 Lakh
EBITDA margin -51.2%
Authorised capital
₹60.5 Lakh
Registered with MCA
Paid-up capital
₹59.81 Lakh
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Radical Innovision Private Limited

Data last updated:

Radical Innovision Private Limited was a private limited company based in Nagpur, Maharashtra, India, operated as a subsidiary of Automark Industries (India) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 09 September 1994.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U28299MH1994PTC273871. Its GSTIN is 27AABCG9810E1ZR (Maharashtra).

The company had an authorised share capital of ₹60.5 Lakh and a paid-up capital of ₹59.81 Lakh. It was formerly known as Prime Fincorp Private Limited and Fincap Capital Private Limited. It was led by directors Mayur Khara (Managing Director) and Amit Khara (Managing Director).

Its last annual general meeting (AGM) was held on 20 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot No.20 Nawab Area Layout Tilak Nagar, Nagpur, Maharashtra, India – 440010.

As per the financials filed for FY 2018, the company reported a revenue of ₹1.54 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹54.41 Lakh (net margin 35.3%) and EBITDA of -₹78.94 Lakh (EBITDA margin -51.2%). Revenue has grown at a compounded annual rate (CAGR) of 120% over three years.

Court records list 1 case involving the company, including 1 filed by the company.

Company details

CIN U28299MH1994PTC273871
Registration Number 273871
Incorporation Date 09 September 1994
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 20 July 2024
Date of Balance Sheet 31 March 2024
Parent Company Automark Industries (India) Private Limited
Compliance Status Active Compliant

Name history

Radical Innovision has undergone 12 name changes throughout its history. The current legal name is Radical Innovision Private Limited.

Company NameStatus
Radical Innovision Private LimitedCurrent
Prime Fincorp Private LimitedPrevious
Fincap Capital Private LimitedPrevious
Prime Financial Services Private LimitedPrevious
Revive Finvest Private LimitedPrevious
Fincap Funds Private LimitedPrevious
Fundind Capital Private LimitedPrevious
Handpicked Finance Private LimitedPrevious
Gain More Savings LimitedPrevious
Fincorp Solutions Private LimitedPrevious
Gain More Savings Private LimitedPrevious
Fundind Investments Private LimitedPrevious

CIN history

Radical Innovision has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28299MH1994PTC273871, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U28299MH1994PTC273871Current
U65110WB1994PLC157252Previous
U65110BR1994PLC006083Previous
U65110MH1994PTC273871Previous
U65110WB1994PTC157252Previous

Contact details

Radical Innovision Private Limited's registered office is in Nagpur, Maharashtra.

  • Registered Address
    Plot No.20 Nawab Area Layout Tilak Nagar, Nagpur, Maharashtra, India – 440010
  • Industry
    Financial Services, Financial Activities
Comprehensive company report
Radical Innovision 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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Financials of Radical Innovision Private Limited

FY 2024 filings available

Radical Innovision Private Limited reported revenue of ₹1.54 Cr (up 1% YoY) for FY 2018.

Revenue · FY 2018
₹1.54 Cr ▲ 1%
Net profit · FY 2018
₹54.41 Lakh margin 35.3%
EBITDA · FY 2018
-₹78.94 Lakh margin -51.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 120%

Revenue has grown at a compounded annual rate (CAGR) of 120% over three years, including 1% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.54 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹78.94 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹54.41 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-51.2%
Net Profit Margin35.3%
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 Radical Innovision Private Limited, buy the company report.

Board of directors of Radical Innovision Private Limited

Radical Innovision has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Mayur KharaManaging Director29 Apr 201016 Years 6 MonthsAs last reported
Amit KharaManaging Director29 Apr 201016 Years 6 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Radical Innovision Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Radical Innovision has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCG9810E1ZRMaharashtraActive05 Jan 2022

To see the full GST registrations and return filing status of Radical Innovision Private Limited, buy the company report.

Recent activity

Radical Innovision Private Limited has 13 board changes on record since 2008: 2 appointments and 11 cessations. The latest: Amit Khara ceased to be Director on 21 Dec 2017.

AGM
Radical Innovision Private Limited last Annual general meeting of members was held on 20 Jul 2024 as per latest MCA records.
Filing
Radical Innovision Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Amit Khara ceased to be Director.
Ceased
Mayur Khara ceased to be Director.
Ceased
Arunkumar Khara Dalichand ceased to be Director.
Ceased
Retesh Kumar Banka ceased to be Director.
Ceased
Sanjay Kumar ceased to be Additional Director.
Ceased
Shyama Charan Kumar ceased to be Director.
Appointed
Amit Khara was appointed as Managing Director.
Appointed
Mayur Khara was appointed as Managing Director.
Ceased
Anil Goyal Kumar ceased to be Additional Director.
Ceased
Mukesh Nai ceased to be Additional Director.

4 earlier events are in the company report.

Frequently asked questions

Radical Innovision has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Radical Innovision was a private limited company based in Nagpur, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 09 September 1994 and is registered under CIN U28299MH1994PTC273871. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Radical Innovision was incorporated on 09 September 1994. It is registered with the Registrar of Companies, Mumbai.

Radical Innovision had 2 directors:

The CIN (Corporate Identification Number) of Radical Innovision is U28299MH1994PTC273871. 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 Radical Innovision is at Plot No.20 Nawab Area Layout Tilak Nagar, Nagpur, Maharashtra, India – 440010.

The latest financial statements of Radical Innovision on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 July 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Radical Innovision is 27AABCG9810E1ZR, registered in Maharashtra.

Radical Innovision operated in the financial services industry, in the financial activities segment.

Radical Innovision has 1 court case on record: 1 filed by the company.