Raas Equipment Private Limited - Company Profile

It is a machinery and equipment private limited company based in Ahmedabad, Gujarat, India, established in 2020.
2020 Ahmedabad, Gujarat, India Active
Last Updated:
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About Raas Equipment Private Limited

Raas Equipment Private Limited, a active private limited company, was established on 15 June 2020 in Ahmedabad, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U29308GJ2020PTC113972. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.50 Cr.

Its leadership includes Neel Mukeshbhai Savla (Director), Sanket Ramniklal Joisar (Director), Shail Manoj Savla (Additional Director). Past directors included Umang Upendra Bhatt, Rajesh Siyaram Sharma, Neel Mukeshbhai Savla. It holds ₹14.00 Cr open charges and no settled loans. Its latest AGM occurred on 10 September 2025, with the balance sheet filed on 31 March 2025. It is based at 14 Ground Floor Abhishree Corporate Park Opp. Iskon Bopal Road Vill-Vejalpur, Ahmedabad, Gujarat, 380058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U29308GJ2020PTC113972

  • Registration Number

    113972

  • Incorporation Date

    15 June 2020

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.50 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 6 Year, 18 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 14.00 Cr
  • Revenue Growth **** -14.99%
  • Profit Growth **** -66.72%
  • Ebitda **** -16.62%
  • Net Worth 14.87%
  • Total Assets **** 9.20%
Company report

Raas Equipment Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Raas Equipment Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Raas Equipment Private Limited?
Current Directors
Name Designation Appointment Date Status
Neel Mukeshbhai Savla Director 22 Jun 2021 Current
Sanket Ramniklal Joisar Director 20 May 2024 Current
Shail Manoj Savla Additional Director 01 Jan 2026 Current
Dharen Shantilal Savla Director 23 Jun 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 16 May 2022 Past
Pramod Abcsdd Additional Director 16 Oct 2021 Past
Pramod Abcsdd Additional Director 11 Aug 2024 Past
Pramod Abcsdd Director 31 Dec 2025 Past
Pramod Abcsdd Director 22 Jun 2021 Past

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Financial Performance of Raas Equipment.

Raas Equipment Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.99% decrease. The company also saw a substantial fall in profitability, with a 66.72% decrease in profit. The company's net worth Soared by an impressive increase of 14.87%.

Raas Equipment revenue growth over time
Raas Equipment profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -14.99%
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*******
*******
Revenue from Operations
*******
 -15.24%
*******
*******
*******
*******
Total Assets
*******
 9.20%
*******
*******
*******
*******
Profit or Loss
*******
 -66.72%
*******
*******
*******
*******
Net Worth
*******
 14.87%
*******
*******
*******
*******
EBITDA
*******
 -16.62%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Raas Equipment?

In 2023, Raas Equipment had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹140,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 14.00 Cr
Latest Charge Details
Date Lender Amount Status
01 Jun 2021 Axis Bank Limited ₹14.00 Cr Open

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How Many Employees Work at Raas Equipment?

Raas Equipment has a workforce of 0 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raas Equipment, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Raas Equipment's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Raas Equipment
Recent Activity within the Organization
  • Director Appointment

    Progress on Shail Manoj Savla was appointed as a Additional Director was appointed as a Additional Director on 01 Jan 2026 & has been associated with this company since 6 months 2 days . was documented.

  • Annual General Meeting

    Progress on Raas Equipment Private Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Dharen Shantilal Savla was appointed as a Director was appointed as a Director on 23 Jun 2025 & has been associated with this company since 1 year 10 days . was documented.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 14.00 Cr registered on 01 Jun 2021 with Charge ID 100451644 was modified on 26 May 2025. was completed.

  • Balance Sheet

    Raas Equipment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Progress on Sanket Ramniklal Joisar was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 2 years 1 month . was documented.

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Frequently Asked Questions
What is the CIN of Raas Equipment Private Limited?

The CIN of Raas Equipment Private Limited is U29308GJ2020PTC113972.

Where is Raas Equipment Private Limited headquartered?

Raas Equipment Private Limited is headquartered at 14 Ground Floor Abhishree Corporate Park Opp. Iskon Bopal Road Vill-Vejalpur, Ahmedabad, Gujarat, 380058.

When was Raas Equipment Private Limited incorporated?

Raas Equipment Private Limited was incorporated on 15 June 2020.

Who are the current directors of Raas Equipment Private Limited?

The current directors of Raas Equipment Private Limited are

What is the primary industry of Raas Equipment Private Limited?

The primary industry of Raas Equipment Private Limited is Manufacturing.

Is Raas Equipment Private Limited a listed company?

Raas Equipment Private Limited is unlisted.

What is the capital structure of Raas Equipment Private Limited?

The authorized capital of Raas Equipment Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.50 Cr.

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