Raasi Yarns Private Limited Company Logo

Raasi Yarns Private Limited - Company Profile

It is a manufacturing private limited company based in Salem, Tamil Nadu, India, established in 2007.

2007 | Salem, Tamil Nadu, India | Active
Last Updated:

About Raasi Yarns Private Limited

Raasi Yarns Private Limited, a active private limited company, was established on 05 April 2007 in Salem, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ2007PTC013607. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹2.99 M.

Formerly known as Rasi Yarns Private Limited. It upholds a compliant status. Its leadership includes Kandasamy Mani (Director), Saravanan Kandasamy (Managing Director), Natarajan Priya (Director). It holds ₹4.83 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Old No 50, New No 94 Mariyamman Koil Street,Ponnamapet, Salem, Tamil Nadu, 636001.

Company Details

  • CIN/LLPIN

    U17111TZ2007PTC013607

  • Registration Number

    013607

  • Incorporation Date

    05 April 2007

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹2.99 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.99 M
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.83 M
  • Revenue Growth -59.52%
  • Profit Growth 109.63%
  • Ebitda 71.20%
  • Net Worth 0.38%
  • Total Assets -6.94%
Company report

Raasi Yarns Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Raasi Yarns 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 Raasi Yarns Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Kandasamy ManiDirector05 Apr 2007Current
Saravanan KandasamyManaging Director05 Apr 2007Current
Natarajan PriyaDirector05 Apr 2007Current

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Financial Performance of Raasi Yarns.

Raasi Yarns Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 59.52% decrease. The company also saw a substantial improvement in profitability, with a 109.63% increase in profit. The company's net worth moved up by a moderate rise of 0.38%.

Raasi Yarns revenue growth over time
Raasi Yarns profit and loss trends over time
  • 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
-59.52%
Revenue from Operations
-59.52%
Total Assets
-6.94%
Profit or Loss
109.63%
Net Worth
0.38%
EBITDA
71.20%

What is the Ownership and Shareholding Structure of Raasi Yarns?

In 2021, Raasi Yarns had a promoter holding of 88.96% and a public holding of 11.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹4,825,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 0.48 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jan 2009Tamilnad Mercantile Bank Limited₹4.83 MOpen

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How Many Employees Work at Raasi Yarns?

Unlock and access historical data on people associated with Raasi Yarns, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Raasi Yarns Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raasi Yarns, 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 Raasi Yarns's trajectory.

Rating

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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.

Latest Updates, News, and FAQs on Raasi Yarns

Recent Activity within the Organization

  • Annual General Meeting

    Raasi Yarns Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Raasi Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.

  • Charges

    The activity A charge with Tamilnad Mercantile Bank Limited of Rs. 4.83 M registered on 28 Jan 2009 with Charge ID 10142989 was modified on 28 Feb 2015. was completed.

  • Charges

    Progress on A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 4.83 M with Charge ID 10142989 was registered on 28 Jan 2009. was documented.

  • Director Appointment

    Progress on Kandasamy Mani was appointed as a Director was appointed as a Director on 05 Apr 2007 & has been associated with this company since 18 years 8 months . was documented.

  • Director Appointment

    The activity Saravanan Kandasamy was appointed as a Managing Director was appointed as a Managing Director on 05 Apr 2007 & has been associated with this company since 18 years 8 months . was completed.

Frequently Asked Questions

  • What is the CIN of Raasi Yarns Private Limited?

    The CIN of Raasi Yarns Private Limited is U17111TZ2007PTC013607.

  • Where is Raasi Yarns Private Limited headquartered?

    Raasi Yarns Private Limited is headquartered at Old No 50, New No 94 Mariyamman Koil Street,Ponnamapet, Salem, Tamil Nadu, 636001.

  • When was Raasi Yarns Private Limited incorporated?

    Raasi Yarns Private Limited was incorporated on 05 April 2007.

  • Who are the current directors of Raasi Yarns Private Limited?

    The current directors of Raasi Yarns Private Limited are

  • What is the primary industry of Raasi Yarns Private Limited?

    The primary industry of Raasi Yarns Private Limited is Manufacturing.

  • Is Raasi Yarns Private Limited a listed company?

    Raasi Yarns Private Limited is unlisted.

  • What is the capital structure of Raasi Yarns Private Limited?

    The authorized capital of Raasi Yarns Private Limited is ₹5.00 M, and the paid-up capital is ₹2.99 M.

  • What is the compliance status of Raasi Yarns Private Limited?

    The compliance status of Raasi Yarns Private Limited is Compliant.

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