Raineo Private Limited
About Raineo Private Limited
Data last updated:
Raineo Private Limited was a private limited company based in Bangalore, Karnataka, 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 wood and wood products segment of the wood and timber products sector. It was incorporated on 22 March 1980.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U36101KA1980PTC003784.
The company had an authorised share capital of ₹7.5 Lakh and a paid-up capital of ₹4.35 Lakh. It was led by directors Saumyalatha Sudhakar Rai and Suraj Sudakar Rai.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No.41 Rmv Extension Bangalore., Karnataka, India – 560080.
As per the financials filed for FY 2016, the company reported a revenue of ₹25,500, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹7,521 (net margin -29.5%) and EBITDA of -₹6,500 (EBITDA margin -25.5%).
Company details
Contact details
Raineo Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.41 Rmv Extension Bangalore., Karnataka, India – 560080
- IndustryWood, Wood & Wood Products, Paper & Paper Products, Furniture
To see the full contact details of Raineo 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 Raineo is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Raineo Private Limited, buy the company report.
Financials of Raineo Private Limited
FY 2016 filings availableRaineo Private Limited reported revenue of ₹25,500 (up 3% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. EBITDA rose 31% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹25,500 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹6,500 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7,521 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -25.5% | |
| Net Profit Margin | -29.5% | |
| 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 Raineo Private Limited, buy the company report.
Board of directors of Raineo Private Limited
Raineo has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suraj Sudakar Rai Also directs: M M Agencies Private Limited, Raineo Hospitality Private Limited | Additional Director | 04 Apr 2006 | 20 Years 6 Months | As last reported |
| Saumyalatha Sudhakar Rai Also directs: M M Agencies Private Limited, Raineo Hospitality Private Limited | Director | 22 Mar 1980 | 46 Years 7 Months | As last reported |
Peer comparison
Raineo Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abhivrudhi Recycling Private Limited | ₹27,200 (FY 2022) | Hyderabad, Telangana, India | ||||
| Insites Creation India Private Limited | ₹27,113 (FY 2025) | Hyderabad, Telangana, India | ||||
| Kesa Papers Private Limited | ₹27,047 (FY 2025) | -100.0% | Surat, Gujarat, India | |||
| Arora Wood Works Pvt Ltd | ₹26,229 (FY 2021) | -97.0% | Delhi, India | |||
| Cauvery Timber Company Private Limited | ₹26,000 (FY 2025) | -100.0% | Coimbatore, Tamil Nadu, India | |||
| Raineo Private Limitedthis company | ₹25,500 (FY 2016) | -₹7,521 | -29.5% | 3.0% | Bangalore, Karnataka, India | |
| Shaukin Furniture and Furnishings Private Limited | ₹25,450 (FY 2025) | 25.0% | Bettiah, Bihar, India | |||
| Siva Electro Tec Private Limited | ₹24,433 (FY 2021) | Delhi, India | ||||
| KDS Bhavani Packaging Private Limited | ₹24,268 (FY 2025) | -100.0% | Navi Mumbai, Maharashtra, India | |||
| SSG Blind Industries Private Limited | ₹23,260 (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Laurel Wood Private Limited | ₹23,000 (FY 2019) | New Delhi, Delhi, India |
To see the full peer comparison of Raineo Private Limited, buy the company report.
Auditor
Raineo Private Limited is audited by KVNarasimhan& Co for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KVNarasimhan& Co | FY 2016 | 02343S |
Shareholding
The shareholding of Raineo Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Raineo Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Raineo 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 Raineo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Raineo Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Raineo Private Limited has 3 board changes on record since 1980: 2 appointments and 1 cessation. The latest: Ajalady Sudhakar Rai ceased to be Managing Director on 04 Apr 2006.
Frequently asked questions
Raineo 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.
Raineo was a private limited company based in Bangalore, Karnataka, India. The company worked in wood and wood products, within the wood industry. It was incorporated on 22 March 1980 and is registered under CIN U36101KA1980PTC003784. The company has been struck off by the Registrar of Companies and is no longer operational.
Raineo had 2 directors:
- Suraj Sudakar Rai - Additional Director
- Saumyalatha Sudhakar Rai - Director
The CIN (Corporate Identification Number) of Raineo is U36101KA1980PTC003784. 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 Raineo is at No.41 Rmv Extension Bangalore., Karnataka, India – 560080.
Raineo was incorporated on 22 March 1980. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Raineo on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Raineo operated in the wood industry, in the wood and wood products segment. It worked in this industry before it was struck off.
The peers of Raineo by revenue are Abhivrudhi Recycling Private Limited, Insites Creation India Private Limited, Kesa Papers Private Limited, Arora Wood Works Pvt Ltd, Cauvery Timber Company Private Limited and 5 more, all in the same principal business activity (wood and wood products, furniture, paper and paper products).
Ajalady Sudhakar Rai ceased to be Managing Director on 04 Apr 2006. Suraj Sudakar Rai was appointed as Additional Director on 04 Apr 2006. Saumyalatha Sudhakar Rai was appointed as Director on 22 Mar 1980.
Raineo can be reached at its registered office: No.41 Rmv Extension Bangalore, Karnataka, India – 560080.