About Raitan Services Private Limited
Data last updated:
Raitan Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 24 August 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1994PTC080551.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It was formerly known as Raitan Financial Services Private Limited. It was led by directors Minal Rohit Shah and Rohit Shah Vinayak.
Its last annual general meeting (AGM) was held on 27 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.29 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.58 Lakh (net margin 69%) and EBITDA of ₹2.07 Lakh (EBITDA margin 90.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 16% over five years.
The last known website on record is raitan.in.
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- TelephoneLocked
- Website
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- Registered Address9 Floor – 1 Hague Building, Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Financials of Raitan Services Private Limited FY 2022 filings available
Raitan Services Private Limited reported revenue of ₹2.29 Lakh (down 3% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Raitan Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 3% fall in the latest year. EBITDA fell 6% 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 of Raitan Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹2.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.58 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 of Raitan Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 69% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Raitan Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Raitan Services Private Limited
Raitan Services Private Limited is audited by PARIKH AND SHAH for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARIKH AND SHAH | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Raitan Services Private Limited
Raitan Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minal Rohit Shah | Director | 25 Nov 2015 | 10 Years 10 Months | As last reported |
| Rohit Shah Vinayak | Director | 24 Aug 1994 | 32 Years 1 Months | As last reported |
Ownership and Shareholding of Raitan Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Raitan Services Private Limited
Raitan Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Raitan Services Private Limited
Employment history and EPFO contributions of people linked to Raitan Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Raitan Services Private Limited
Raitan Services has one previous CIN (Corporate Identification Number): U67120MH1994PTC080551. The current CIN is U74110MH1994PTC080551, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1994PTC080551 | Current |
| U67120MH1994PTC080551 | Previous |
Recent Activity on Raitan Services Private Limited
Raitan Services Private Limited has 5 board changes on record since 1994: 2 appointments and 3 cessations. The latest: Mugatlal Maneklal Shah ceased to be Director on 01 Apr 2017.
Credit Ratings, Litigation & Regulatory Alerts for Raitan Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Raitan Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Raitan Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Raitan Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Raitan Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Raitan Services Private Limited
Raitan Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Raitan Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 24 August 1994 and is registered under CIN U74110MH1994PTC080551. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Raitan Services is U74110MH1994PTC080551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raitan Services had 2 directors:
- Minal Rohit Shah - Director
- Rohit Shah Vinayak - Director
Raitan Services was incorporated on 24 August 1994. It is registered with the Registrar of Companies, Mumbai.
Raitan Services can be reached through the website raitan.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Raitan Services is at 9 Floor – 1 Hague Building, Ballard Estate, Mumbai, Maharashtra, India – 400001.
Raitan Services reported revenue of ₹2.29 Lakh for FY 2022 (down 3% YoY).
Raitan Services has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh.
Raitan Services reported a net profit of ₹1.58 Lakh (net margin 69%) and EBITDA of ₹2.07 Lakh (EBITDA margin 90.3%) for FY 2022, as per its filed financial statements.