Rental Source India Private Limited
About Rental Source India Private Limited
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Rental Source India Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the equipment leasing and financing segment of the financial services sector. It was incorporated on 02 January 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2014PTC262966. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹4 Lakh. It was led by directors Suresh Madan and Janki Madan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at E – 199 3rd Floor Greater Kailash – II, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2019, the company reported a revenue of ₹22.07 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹6,444 (net margin 0.3%) and EBITDA of ₹14.74 Lakh (EBITDA margin 66.8%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
Company details
Contact details
Rental Source India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressE – 199 3rd Floor Greater Kailash – II, New Delhi, Delhi, India – 110048
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Rental Source India 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 Rental Source India is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Rental Source India Private Limited, buy the company report.
Financials of Rental Source India Private Limited
FY 2019 filings availableRental Source India Private Limited reported revenue of ₹22.07 Lakh (up 16% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 23%. EBITDA fell 10% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹22.07 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6,444 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.8% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Rental Source India Private Limited, buy the company report.
Board of directors of Rental Source India Private Limited
Rental Source India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Madan Also directs: Dynamix Multimedia Private Limited | Director | 02 Jan 2014 | 12 Years 9 Months | As last reported |
| Janki Madan | Director | 02 Jan 2014 | 12 Years 9 Months | As last reported |
Auditor
Rental Source India Private Limited is audited by A K G & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K G & CO | FY 2019 | 004924N |
Shareholding
The shareholding of Rental Source India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rental Source India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rental Source India 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 Rental Source India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rental Source India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rental Source India Private Limited, buy the company report.
Recent activity
Rental Source India Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Ashish Pravinchandra Mehta ceased to be Director on 09 Mar 2019.
Frequently asked questions
Rental Source India 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.
Rental Source India was a private limited company based in New Delhi, Delhi, India. The company worked in equipment leasing and financing, within the financial services industry. It was incorporated on 02 January 2014 and is registered under CIN U74999DL2014PTC262966. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rental Source India was incorporated on 02 January 2014. It is registered with the Registrar of Companies, Delhi.
Rental Source India had 2 directors:
- Suresh Madan - Director
- Janki Madan - Director
The CIN (Corporate Identification Number) of Rental Source India is U74999DL2014PTC262966. 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 Rental Source India is at E – 199 3rd Floor Greater Kailash – II, New Delhi, Delhi, India – 110048.
The latest financial statements of Rental Source India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Rental Source India has 1 GST registration on record and it is cancelled or inactive.
Rental Source India operated in the financial services industry, in the equipment leasing and financing segment.
Ashish Pravinchandra Mehta ceased to be Director on 09 Mar 2019. Jaydeep Kirti Mathuria ceased to be Director on 09 Mar 2019. Janki Madan was appointed as Director on 02 Jan 2014. Rental Source India has 4 board changes on record in total.