Rachana Okay Infra Tech Private Limited
About Rachana Okay Infra Tech Private Limited
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Rachana Okay Infra Tech Private Limited is a private limited company based in Bellary, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2010PTC055672. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Deepthi Nair (Managing Director) and Rohith Nair.
Its last annual general meeting (AGM) was held on 04 November 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Rachana H No 1943 Aksharanagar Near Sysyashamala School Hospet, Bellary, Karnataka, India – 583201.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.4 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹10.72 Lakh (net margin 4.5%) and EBITDA of ₹48.08 Lakh (EBITDA margin 20.1%).
As per MCA filings, the company has open charges of ₹17 Lakh on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Rachana Okay Infra Tech Private Limited's registered office is in Bellary, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRachana H No 1943 Aksharanagar Near Sysyashamala School Hospet, Bellary, Karnataka, India – 583201
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rachana Okay Infra Tech Private Limited, buy the company report.
- 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
Business activity
The main business activity of Rachana Okay Infra Tech is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Rachana Okay Infra Tech Private Limited, buy the company report.
Financials of Rachana Okay Infra Tech Private Limited
FY 2017 filings availableRachana Okay Infra Tech Private Limited reported revenue of ₹2.4 Cr (down 46% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year. EBITDA fell 24% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.4 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹48.08 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹10.72 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 20.1% | ||
| Net Profit Margin | 4.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Rachana Okay Infra Tech Private Limited, buy the company report.
Board of directors of Rachana Okay Infra Tech Private Limited
Rachana Okay Infra Tech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohith Nair | Director | 27 Oct 2017 | 9 Years 0 Months | Current |
| Deepthi Nair | Managing Director | 28 Oct 2010 | 16 Years 0 Months | Current |
Shareholding
The shareholding of Rachana Okay Infra Tech Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rachana Okay Infra Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2011 | 10282972 | Ing Vysya Bank Limited | ₹17 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Rachana Okay Infra Tech Private Limited has 6 court cases on record: 1 filed by Rachana Okay Infra Tech, 5 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BALLARI, Karnataka | Court case (CRL.R.P.) | Filed by the company against M/S Ray Constructions Limited Rep Through Their Executive Director Mr Sanjay Bokare and 1 other | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S Ray Constructions Ltd., | Disposed |
| District court, BALLARI, Karnataka | Criminal complaint | Filed against the company by Ms Ray Constructions Ltd by Sanjay Bokare Executive Director | Disposed |
| District court, BALLARI, Karnataka | Criminal complaint | Filed against the company by State of Karnataka Torangallu | Pending |
| District court, BALLARI, Karnataka | Court case (Com.EX.) | Filed against the company by Shriram Transport Finance Co. Ltd., Hospet | Disposed |
To see the full case history of Rachana Okay Infra Tech 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 Rachana Okay Infra Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rachana Okay Infra Tech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rachana Okay Infra Tech Private Limited, buy the company report.
Recent activity
Rachana Okay Infra Tech Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Deepthi Nair ceased to be Director on 01 Jan 2018.
Frequently asked questions
Rachana Okay Infra Tech is an active private limited company based in Bellary, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 October 2010 (16+ years old) and is registered under CIN U45201KA2010PTC055672.
Rachana Okay Infra Tech has 2 current directors:
- Deepthi Nair - Managing Director
- Rohith Nair - Director
The latest financial statements of Rachana Okay Infra Tech on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 04 November 2017. Year-wise statements from 2015 are in the company report.
No. Rachana Okay Infra Tech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rachana Okay Infra Tech is U45201KA2010PTC055672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rachana Okay Infra Tech has 6 court cases on record: 1 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Rachana Okay Infra Tech was incorporated on 28 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Deepthi Nair ceased to be Director on 01 Jan 2018. Gopikrishnadas ceased to be Additional Director on 04 Nov 2017. Rohith Nair ceased to be Additional Director on 04 Nov 2017. Rachana Okay Infra Tech has 6 board changes on record in total.
The registered office of Rachana Okay Infra Tech is at Rachana H No 1943 Aksharanagar Near Sysyashamala School Hospet, Bellary, Karnataka, India – 583201.
Rachana Okay Infra Tech operates in the real estate and construction industry, in the real estate builders and developers segment.
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