Raa International Limited
About Raa International Limited
Data last updated:
Raa International Limited was a public limited company based in Kolkata, West Bengal, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 15 February 2000.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2000PLC091121. Its GSTIN is 19AACCR0393J1Z5 (West Bengal).
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.36 Cr. It was formerly known as Raa Projects Limited and Raa Projects Private Limited. It was led by directors including Badal Dey and Suman Ganguly.
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 Flat 4B 6 Central Parkjadavpur, Kolkata, West Bengal, India – 700032.
As per the financials filed for FY 2016, the company reported a revenue of ₹11.32 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹7.98 Cr (net margin -70.5%) and EBITDA of -₹4.97 Cr (EBITDA margin -43.9%).
As per MCA filings, the company had open charges of ₹135.82 Cr and satisfied charges of ₹13.8 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it.
Company details
Name history
Raa International has undergone 3 name changes throughout its history. The company was previously known as Raa Projects Limited, Raa Projects Private Limited, and Raa Systems Private Limited. The current legal name is Raa International Limited.
| Company Name | Status |
|---|---|
| Raa International Limited | Current |
| Raa Projects Limited | Previous |
| Raa Projects Private Limited | Previous |
| Raa Systems Private Limited | Previous |
CIN history
Raa International has one previous CIN (Corporate Identification Number): U72900WB2000PTC091121. The current CIN is U72900WB2000PLC091121, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900WB2000PLC091121 | Current |
| U72900WB2000PTC091121 | Previous |
Contact details
Raa International Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressFlat 4B 6 Central Parkjadavpur, Kolkata, West Bengal, India – 700032
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Raa International 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 Raa International is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Raa International Limited, buy the company report.
Financials of Raa International Limited
FY 2016 filings availableRaa International Limited reported revenue of ₹11.32 Cr (down 79% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 79% in the latest year. EBITDA rose 33% 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 | ₹11.32 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹4.97 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7.98 Cr | |
| 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 | -43.9% | |
| Net Profit Margin | -70.5% | |
| 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 Raa International Limited, buy the company report.
Board of directors of Raa International Limited
Raa International has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Badal Dey Also directs: Raiment Overseas Limited | Director | 01 Feb 2015 | 11 Years 8 Months | As last reported |
| Suman Ganguly | Director | 15 Apr 2013 | 13 Years 6 Months | As last reported |
| Amit Ray | Director | 10 Jun 2004 | 22 Years 4 Months | As last reported |
Peer comparison
Raa International Limited is compared with the 8 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Belpatram Ventures Private Limited | ₹11.99 Cr (FY 2025) | 12.0% | Delhi, India | |||
| Ornezo Creative Fashion Private Limited | ₹11.98 Cr (FY 2025) | -9.0% | Surat, Gujarat, India | |||
| Prithvi Hitex Creations Private Limited | ₹11.94 Cr (FY 2024) | 1883.0% | Ahmedabad, Gujarat, India | |||
| Sohail Synthetics P.Ltd. | ₹11.4 Cr (FY 2015) | 4.0% | Mumbai, Maharashtra, India | |||
| Agarwaal Boutique Private Limited | ₹11.39 Cr (FY 2025) | 58.0% | Kolkata, West Bengal, India | |||
| Raa International Limitedthis company | ₹11.32 Cr (FY 2016) | -₹7.98 Cr | -70.5% | -79.0% | Kolkata, West Bengal, India | |
| Detail Clothing Limited | ₹10.95 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Harsh International Impo-Expo Pvt Ltd | ₹10.8 Cr (FY 2018) | 51.0% | New Delhi, Delhi, India | |||
| Gelato Men's Apparels Private Limited | ₹10.72 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Raa International Limited, buy the company report.
Auditor
Raa International Limited is audited by MAHATO PRABIR & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHATO PRABIR & ASSOCIATES | FY 2016 | 325966E |
Shareholding
The shareholding of Raa International 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 Raa International Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2013 | 10406886 | State Bank of India | ₹64.25 Cr | Open | |
| 21 Feb 2011 | 10272700 | Bank of India | ₹14.52 Cr | Open | |
| 07 Jul 2010 | 10229485 | Union Bank of India | ₹22.15 Cr | Open | |
| 27 Oct 2008 | 10132796 | Union Bank of India | ₹3.4 Cr | Open | |
| 14 Aug 2008 | 10119056 | Union Bank of India | ₹1.25 Cr | Open |
To see the full charge records of Raa International Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Raa International Limited has 10 court cases on record: 4 filed by Raa International, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 5 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Execution petition | Filed against the company by Expression India Fashions Pvt Ltd | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Religare Finvest Ltd. | Disposed |
| District court, Gurugram, Haryana | Appeal | Filed by the company against Expressions India Fashions Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Appeal | Filed by the company against Expressions India Fashions Pvt. Ltd. | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed against the company by Union Bank of India | Disposed |
To see the full case history of Raa International Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Raa International Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raa International has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCR0393J1Z5 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raa International Limited, buy the company report.
Recent activity
Raa International Limited has 9 board changes on record since 2004: 3 appointments and 6 cessations. The latest: Abhijit Chakraborty ceased to be Director on 01 Feb 2015.
19 earlier events are in the company report.
Frequently asked questions
Raa International has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Raa International was a public limited company based in Kolkata, West Bengal, India. The company worked in designer and branded fashion, within the fashion and textile industry. It was incorporated on 15 February 2000 and is registered under CIN U72900WB2000PLC091121. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Raa International was incorporated on 15 February 2000. It is registered with the Registrar of Companies, Kolkata.
Raa International had 3 directors:
- Badal Dey - Director
- Suman Ganguly - Director
- Amit Ray - Director
The CIN (Corporate Identification Number) of Raa International is U72900WB2000PLC091121. 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 Raa International is at Flat 4B 6 Central Parkjadavpur, Kolkata, West Bengal, India – 700032.
The latest financial statements of Raa International 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.
The GSTIN of Raa International is 19AACCR0393J1Z5, registered in West Bengal.
Raa International operated in the fashion and textile industry, in the designer and branded fashion segment.
The peers of Raa International by revenue are Belpatram Ventures Private Limited, Ornezo Creative Fashion Private Limited, Prithvi Hitex Creations Private Limited, Sohail Synthetics P.Ltd, Agarwaal Boutique Private Limited and 3 more, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Raa International has 10 court cases on record: 4 filed by the company and 6 filed against it. Most are in the district courts.