MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0081518
Race Innovations Private Limited - automotive in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.44 Cr
▼ 26% YoY
Net profit · FY 2025
₹4.82 Lakh
Net margin 3.4%
EBITDA · FY 2025
₹6.31 Lakh
EBITDA margin 4.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹39 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
4
As per MCA filings
About Race Innovations Private Limited
Data last updated:
Race Innovations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 08 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U73100TN2011PTC083486. Its GSTIN is 33AAFCR6885E1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajesh Khanna Madurai Parasuram and Chandrika Ravichandran.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.44 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹4.82 Lakh (net margin 3.4%) and EBITDA of ₹6.31 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹39 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
Race Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0081518). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raceinnovations.in.
Company details
CIN U73100TN2011PTC083486
Registration Number 083486
Incorporation Date 08 December 2011
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0081518
Key People
Rajesh Khanna Madurai Parasuram Director Chandrika Ravichandran Director Mathew Tinamary Susan Additional Director Recognitions & Rankings of Race Innovations
Contact details
Race Innovations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is raceinnovations.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOff No :928 Regus Olympia Platina 9th Floor Plot No.33 – B South Phase Guindy Industr, Ial Estate, Chennai, Tamil Nadu, India – 600032
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Race Innovations Private Limited, buy the company report.
Comprehensive company report
Race Innovations Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Race Innovations is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Race Innovations Private Limited, buy the company report.
Financials of Race Innovations Private Limited
FY 2025 filings availableRace Innovations Private Limited reported revenue of ₹1.44 Cr (down 26% YoY) for FY 2025.
Revenue · FY 2025
₹1.44 Cr ▼ 26%
Net profit · FY 2025
₹4.82 Lakh margin 3.4%
EBITDA · FY 2025
₹6.31 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 13%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 11%
5 years · compounded
▲ 6%
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 79% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.31 Lakh | ||||
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| Net Profit (PAT) | ₹4.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 3.4% | ||||
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To see the full financial statements and ratios of Race Innovations Private Limited, buy the company report.
Board of directors of Race Innovations Private Limited
Race Innovations has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Khanna Madurai Parasuram Also directs: Race Editoriale LLP, Kormart Global LLP | Director | 08 Dec 2011 | 14 Years 10 Months | Current |
| Chandrika Ravichandran | Director | 10 Dec 2021 | 4 Years 10 Months | Current |
| Mathew Tinamary Susan | Additional Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Sriram Muralidharan | Director | 08 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Race Innovations Private Limited is audited by PSDY AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PSDY AND ASSOCIATES | FY 2023 | 010625S |
Shareholding
The shareholding of Race Innovations Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Race Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹39 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2012 | 10361872 | Indian Bank | ₹39 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Race Innovations Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Race Innovations Private 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 Race Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Race Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCR6885E1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Race Innovations Private Limited, buy the company report.
Recent activity
Race Innovations Private Limited has 4 board changes on record since 2011: 4 appointments. The latest: Chandrika Ravichandran was appointed as Director on 10 Dec 2021.
AGM
Race Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Race Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Chandrika Ravichandran was appointed as Director.
Appointed
Mathew Tinamary Susan was appointed as Additional Director.
Charges
A charge with Indian Bank amounted to Rs. 39.00 Lakh with Charge ID 10361872 was registered on 07 Jun 2012.
Appointed
Rajesh Khanna Madurai Parasuram was appointed as Director.
Appointed
Sriram Muralidharan was appointed as Director.
Incorporation
08 Dec 2011
Race Innovations Private Limited was registered on 08 Dec 2011 with Roc Chennai & aged 14 years 10 months as per MCA records.
Frequently asked questions
Race Innovations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 08 December 2011 (15+ years old) and is registered under CIN U73100TN2011PTC083486.
Race Innovations has 4 current directors:
- Rajesh Khanna Madurai Parasuram - Director
- Chandrika Ravichandran - Director
- Mathew Tinamary Susan - Additional Director
- Sriram Muralidharan - Director
The latest financial statements of Race Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Race Innovations is 33AAFCR6885E1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Race Innovations is U73100TN2011PTC083486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Race Innovations has 2 court cases on record: 2 filed against it.
Race Innovations was incorporated on 08 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Chandrika Ravichandran was appointed as Director on 10 Dec 2021. Mathew Tinamary Susan was appointed as Additional Director on 01 Mar 2021. Rajesh Khanna Madurai Parasuram was appointed as Director on 08 Dec 2011. Race Innovations has 4 board changes on record in total.
Yes, Race Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0081518).
Race Innovations can be reached through the website raceinnovations.in. Its registered office is in Chennai, Tamil Nadu, India.