Rak Newtech Private Limited
About Rak Newtech Private Limited
Data last updated:
Rak Newtech Private Limited is a private limited company based in Delhi, India, a subsidiary of Ark Polymers Private Limited. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 18 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24134DL1998PTC092794.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹33.36 Lakh. It was formerly known as Asg Finlease and Holding Private Limited. It is led by directors Rachit Kakkar and Ankit Kakkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 140 Meera Bagh Paschim Vihar, Delhi, India – 110087.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.94 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹70,463 (net margin 24%) and EBITDA of ₹95,220 (EBITDA margin 32.4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Rak Newtech has undergone 2 name changes throughout its history. The company was previously known as Asg Finlease And Holding Private Limited, and Rak Newtech Private Limited. The current legal name is Rak Newtech Private Limited.
| Company Name | Status |
|---|---|
| Rak Newtech Private Limited | Current |
| Asg Finlease And Holding Private Limited | Previous |
CIN history
Rak Newtech has one previous CIN (Corporate Identification Number): U65921DL1998PTC092794. The current CIN is U24134DL1998PTC092794, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24134DL1998PTC092794 | Current |
| U65921DL1998PTC092794 | Previous |
Contact details
Rak Newtech Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 140 Meera Bagh Paschim Vihar, Delhi, India – 110087
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Rak Newtech 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
Financials of Rak Newtech Private Limited
FY 2025 filings availableRak Newtech Private Limited reported revenue of ₹2.94 Lakh (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 29% fall in the latest year. EBITDA fell 61% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹95,220 | ||||
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| Net Profit (PAT) | ₹70,463 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.4% | ||||
| Net Profit Margin | 24% | ||||
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To see the full financial statements and ratios of Rak Newtech Private Limited, buy the company report.
Board of directors of Rak Newtech Private Limited
Rak Newtech has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachit Kakkar Also directs: Ark Polymers Private Limited, Bhiwadi Polymers Limited | Director | 13 Jan 2010 | 16 Years 9 Months | Current |
| Ankit Kakkar Also directs: Ark Polymers Private Limited, Bhiwadi Polymers Limited | Director | 13 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
Rak Newtech Private Limited is compared with the 10 companies closest to it by revenue in the Packaging industry (Industrial Packaging), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Salunkhe Packaging Private Limited | ₹3.03 Lakh (FY 2024) | 110.0% | Mumbai, Maharashtra, India | |||
| Bilt Industrial Packaging Company Limited | ₹3.01 Lakh (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Nikki Duggal Design Private Limited | ₹3.01 Lakh (FY 2025) | -37.0% | New Delhi, Delhi, India | |||
| Central India Flexpack Private Limited | ₹2.99 Lakh (FY 2025) | Secunderabad, Telangana, India | ||||
| Narayani Emergency Hospital Private Limited | ₹2.94 Lakh (FY 2023) | New Brahmpur Jaganpura, Bihar, India | ||||
| Rak Newtech Private Limitedthis company | ₹2.94 Lakh (FY 2025) | ₹70,463 | 24% | -29.0% | Delhi, India | |
| PMC Industries Private Limited | ₹2.93 Lakh (FY 2025) | 28.0% | Mathura, Uttar Pradesh, India | |||
| Nandan Sales and Services Private Limited | ₹2.87 Lakh (FY 2022) | 52.0% | Mumbai, Maharashtra, India | |||
| Global Cold Chain Solutions India Private Limited | ₹2.82 Lakh (FY 2024) | -22.0% | Ahmedabad, Gujarat, India | |||
| Plasttpix Resin India Private Limited | ₹2.82 Lakh (FY 2025) | -95.0% | Gwalior, Madhya Pradesh, India | |||
| Sangam Thermopack Private Limited | ₹2.82 Lakh (FY 2024) | -99.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rak Newtech Private Limited, buy the company report.
Auditor
Rak Newtech Private Limited is audited by MADAAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MADAAN & CO | FY 2021 | 024165N |
Shareholding
The shareholding of Rak Newtech Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rak Newtech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rak Newtech 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 Rak Newtech 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 Rak Newtech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rak Newtech Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Ankit Kakkar ceased to be Additional Director on 23 Aug 2010.
Frequently asked questions
Rak Newtech is an active private limited company based in Delhi, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 18 March 1998 (28+ years old) and is registered under CIN U24134DL1998PTC092794.
Rak Newtech has 2 current directors:
- Rachit Kakkar - Director
- Ankit Kakkar - Director
The latest financial statements of Rak Newtech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rak Newtech is U24134DL1998PTC092794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rak Newtech was incorporated on 18 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Rak Newtech by revenue are Salunkhe Packaging Private Limited, Bilt Industrial Packaging Company Limited, Nikki Duggal Design Private Limited, Central India Flexpack Private Limited, Narayani Emergency Hospital Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Ankit Kakkar ceased to be Additional Director on 23 Aug 2010. Rachit Kakkar ceased to be Additional Director on 23 Aug 2010. Subodh Kumar Khandelwal ceased to be Additional Director on 30 Mar 2010. Rak Newtech has 7 board changes on record in total.
The registered office of Rak Newtech is at A – 140 Meera Bagh Paschim Vihar, Delhi, India – 110087.
Rak Newtech operates in the chemicals and materials industry, in the specialty chemicals segment.
The compliance status of Rak Newtech is compliant as of 28 September 2026. The company is actively filing with the Registrar of Companies.
Yes. Rak Newtech was formerly known as Asg Finlease And Holding Private Limited.
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