Race Innovations Private Limited Company Logo

Race Innovations Private Limited - Company Profile

It is a automotive private limited company based in Chennai, Tamil Nadu, India, established in 2011.

2011 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Race Innovations Private Limited

Race Innovations Private Limited, a active private limited company, was established on 08 December 2011 in Chennai, Tamil Nadu, India. Engaging in auto dealership & trading within the professional, scientific and technical sector, it holds CIN: U73100TN2011PTC083486. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Rajesh Khanna Madurai Parasuram (Director), Chandrika Ravichandran (Director), Mathew Tinamary Susan (Additional Director). It holds ₹3.90 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 Off No :928 Regus Olympia Platina, 9Th Floor, Plot No.33-B, South Phase,Guindy Industr, Ial Estate, Chennai, Tamil Nadu, 600032.

Company Details

  • CIN/LLPIN

    U73100TN2011PTC083486

  • Registration Number

    083486

  • Incorporation Date

    08 December 2011

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.90 M
  • Revenue Growth -18.08%
  • Profit Growth -549.16%
  • Ebitda -121.69%
  • Net Worth -41.75%
  • Total Assets -23.76%
Company report

Race Innovations Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Race Innovations Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Rajesh Khanna Madurai ParasuramDirector08 Dec 2011Current
Chandrika RavichandranDirector10 Dec 2021Current
Mathew Tinamary SusanAdditional Director01 Mar 2021Current
Sriram MuralidharanDirector08 Dec 2011Current

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Financial Performance of Race Innovations.

Race Innovations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.08% decrease. The company also saw a substantial fall in profitability, with a 549.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.75%.

Race Innovations revenue growth over time
Race Innovations 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
-18.08%
Revenue from Operations
-18.12%
Total Assets
-23.76%
Profit or Loss
-549.16%
Net Worth
-41.75%
EBITDA
-121.69%

What is the Ownership and Shareholding Structure of Race Innovations?

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Charges (Loans)

Open Charges

₹3,900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 0.39 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jun 2012Indian Bank₹3.90 MOpen

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How Many Employees Work at Race Innovations?

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Employee growth trends for Race Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Race Innovations, 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 Innovations's trajectory.

Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Race Innovations

Recent Activity within the Organization

  • Annual General Meeting

    The activity Race Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Race Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Director Appointment

    Progress on Chandrika Ravichandran was appointed as a Director was appointed as a Director on 10 Dec 2021 & has been associated with this company since 3 years 11 months . was documented.

  • Director Appointment

    The activity Mathew Tinamary Susan was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2021 & has been associated with this company since 4 years 9 months . was completed.

  • Charges

    The activity A charge with Indian Bank amounted to Rs. 3.90 M with Charge ID 10361872 was registered on 07 Jun 2012. was completed.

  • Director Appointment

    The activity Rajesh Khanna Madurai Parasuram was appointed as a Director was appointed as a Director on 08 Dec 2011 & has been associated with this company since 13 years 11 months . was completed.

Frequently Asked Questions

  • What is the CIN of Race Innovations Private Limited?

    The CIN of Race Innovations Private Limited is U73100TN2011PTC083486.

  • Where is Race Innovations Private Limited headquartered?

    Race Innovations Private Limited is headquartered at Off No :928 Regus Olympia Platina, 9Th Floor, Plot No.33-B, South Phase,Guindy Industr, Ial Estate, Chennai, Tamil Nadu, 600032.

  • When was Race Innovations Private Limited incorporated?

    Race Innovations Private Limited was incorporated on 08 December 2011.

  • Who are the current directors of Race Innovations Private Limited?

    The current directors of Race Innovations Private Limited are

  • What is the primary industry of Race Innovations Private Limited?

    The primary industry of Race Innovations Private Limited is Professional, Scientific And Technical.

  • Is Race Innovations Private Limited a listed company?

    Race Innovations Private Limited is unlisted.

  • What is the capital structure of Race Innovations Private Limited?

    The authorized capital of Race Innovations Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

  • What is the compliance status of Race Innovations Private Limited?

    The compliance status of Race Innovations Private Limited is Compliant.

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