Race Automobiles Private Limited - Company Profile

It is a plastics private limited company based in Kolkata, West Bengal, India, established in 2010.
2010 Kolkata, West Bengal, India Amalgamated
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About Race Automobiles Private Limited

Race Automobiles Private Limited, a amalgamated private limited company, was established on 29 September 2010 in Kolkata, West Bengal, India. Engaging in plastic products within the manufacturing sector, it holds CIN: U34202WB2010PTC153627. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹1.60 Cr and a paid-up capital of ₹9.22 M.

It upholds a compliant status. Its leadership includes Sudeep Majumder (Director), Joydeep Majumder (Director), Akshay Shankar Das (Director). Past directors included Sudeep Majumder, Joydeep Majumder, Tarun Chakraborty. It holds ₹10.06 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 3Rd-Fr; Fl-3A 19 Lake Ave Lp-U.G, Kolkata, West Bengal, 700026.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
    **********

Company Details

  • CIN/LLPIN

    U34202WB2010PTC153627

  • Registration Number

    153627

  • Incorporation Date

    29 September 2010

  • Authorized Capital

    ₹1.60 Cr

  • Paid-Up Capital

    ₹9.22 M

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 9.22 M
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.06 Cr
  • Revenue Growth **** 26.13%
  • Profit Growth **** -108.07%
  • Ebitda **** -37.08%
  • Net Worth -26.08%
  • Total Assets **** 23.93%
Company report

Race Automobiles Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Race Automobiles 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 Race Automobiles Private Limited?
Current Directors
Name Designation Appointment Date Status
Sudeep Majumder Director 21 Sep 2019 Current
Joydeep Majumder Director 21 Sep 2019 Current
Akshay Shankar Das Director 21 Sep 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2019 Past
Pramod Abcsdd Additional Director 29 Sep 2019 Past
Pramod Abcsdd Director 25 May 2022 Past
Pramod Abcsdd Director 25 May 2022 Past
Pramod Abcsdd Additional Director 29 Sep 2019 Past

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Financial Performance of Race Automobiles.

Race Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.13% increase. The company also saw a substantial fall in profitability, with a 108.07% decrease in profit. The company's net worth observed a substantial decline by a decrease of 26.08%.

Race Automobiles revenue growth over time
Race Automobiles 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
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 26.13%
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*******
*******
*******
Revenue from Operations
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 25.66%
*******
*******
*******
*******
Total Assets
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 23.93%
*******
*******
*******
*******
Profit or Loss
*******
 -108.07%
*******
*******
*******
*******
Net Worth
*******
 -26.08%
*******
*******
*******
*******
EBITDA
*******
 -37.08%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Race Automobiles?

In 2023, Race Automobiles 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

₹100,622,600.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of India : 5.08 Cr
  • Others : 4.99 Cr
Latest Charge Details
Date Lender Amount Status
05 Dec 2017 Others ₹1.64 Cr Open
05 Dec 2017 Others ₹2.01 Cr Open
24 Nov 2016 Others ₹1.79 M Open
25 May 2016 Others ₹0.83 M Open
30 Dec 2015 Others ₹1.08 Cr Open

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How Many Employees Work at Race Automobiles?

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

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 Race Automobiles, 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 Race Automobiles'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 Race Automobiles
Recent Activity within the Organization
  • Annual General Meeting

    Race Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Race Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata. was completed.

  • Director Appointment

    Sudeep Majumder was appointed as a Director was appointed as a Director on 21 Sep 2019 & has been associated with this company since 6 years 5 months . was recorded as a recent event.

  • Director Appointment

    Joydeep Majumder was appointed as a Director was appointed as a Director on 21 Sep 2019 & has been associated with this company since 6 years 5 months . was recorded as a recent event.

  • Director Appointment

    The activity Akshay Shankar Das was appointed as a Director was appointed as a Director on 21 Sep 2019 & has been associated with this company since 6 years 5 months . was completed.

  • Charges

    A charge with Others amounted to Rs. 1.64 Cr with Charge ID 100149022 was registered on 05 Dec 2017. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Race Automobiles Private Limited?

The CIN of Race Automobiles Private Limited is U34202WB2010PTC153627.

Where is Race Automobiles Private Limited headquartered?

Race Automobiles Private Limited is headquartered at 3Rd-Fr; Fl-3A 19 Lake Ave Lp-U.G, Kolkata, West Bengal, 700026.

When was Race Automobiles Private Limited incorporated?

Race Automobiles Private Limited was incorporated on 29 September 2010.

Who are the current directors of Race Automobiles Private Limited?

The current directors of Race Automobiles Private Limited are

What is the primary industry of Race Automobiles Private Limited?

The primary industry of Race Automobiles Private Limited is Manufacturing.

Is Race Automobiles Private Limited a listed company?

Race Automobiles Private Limited is unlisted.

What is the capital structure of Race Automobiles Private Limited?

The authorized capital of Race Automobiles Private Limited is ₹1.60 Cr, and the paid-up capital is ₹9.22 M.

What is the compliance status of Race Automobiles Private Limited?

The compliance status of Race Automobiles Private Limited is Compliant.

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