Rachit Fashion Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.46 Cr
- Company Age 16 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.30 Cr
- Satisfied Charges ₹ 2.75 Cr
- Revenue Growth 18.75%
- Profit Growth -17.18%
- Ebitda 2.25%
- Net Worth 2.53%
- Total Assets -2.01%
About Rachit Fashion
Rachit Fashion Private Limited (RFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 November 2008 and has a history of 16 years and six months. Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.46 Cr.
The company currently has active open charges totaling ₹18.30 Cr. The company has closed loans amounting to ₹2.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pramodkumar Poddar and Babita Poddar serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17120GJ2008PTC055366
- Company No.
055366
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Nov 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Rachit Fashion Private Limited offer?
Rachit Fashion Private Limited offers a wide range of products and services, including Indian Sarees, Net Saree, Designer Sarees, Fancy Sarees, Georgette Sarees, Sarees, Lehenga and Salwar Suits, Synthetic Saree, Lehenga, Lehenga Sarees, Chiffon Sarees.
Rachit Fashion Private Limited
Explore comprehensive data for Rachit Fashion Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rachit Fashion?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pramodkumar Poddar  | Managing Director | 05-Nov-2008 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Babita Poddar | Director | 05-Nov-2008 | Current |
Financial Performance of Rachit Fashion.
Rachit Fashion Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.75% increase. The company also saw a substantial fall in profitability, with a 17.18% decrease in profit. The company's net worth moved up by a moderate rise of 2.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rachit Fashion?
In 2023, Rachit Fashion had a promoter holding of 52.05% and a public holding of 47.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rachit Industries Private LimitedPramodkumar Poddar and Babita Poddar are mutual person
- Prasan Organisor Private Limited
Pramodkumar Poddar is a mutual person
Charges (Loans)
Open Charges
₹18.30 Cr
Satisfied Charges
₹2.75 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 18.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Oct 2020 | Standard Chartered Bank | ₹2.80 Cr | Open |
| 12 Nov 2012 | Standard Chartered Bank | ₹15.50 Cr | Open |
| 15 Mar 2011 | Ing Vysya Bank Limited | ₹2.00 Cr | Satisfied |
| 15 Sep 2009 | Bank Of Baroda | ₹7.50 M | Satisfied |
How Many Employees Work at Rachit Fashion?
Unlock and access historical data on people associated with Rachit Fashion, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rachit Fashion, 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 Rachit Fashion's trajectory.
Rating
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
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 Rachit Fashion
Recent activity within the organization
- Annual General Meeting
Rachit Fashion Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Rachit Fashion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Standard Chartered Bank of Rs. 15.50 Cr registered on 12 Nov 2012 with Charge ID 10390085 was modified on 24 May 2022.
- Charges
A charge with Standard Chartered Bank of Rs. 2.80 Cr registered on 05 Oct 2020 with Charge ID 100378190 was modified on 16 Feb 2022.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 2.80 Cr with Charge ID 100378190 was registered on 05 Oct 2020.
- Charges
A charge registered on 15 Mar 2011 via Charge ID 10280133 with Ing Vysya Bank Limited was fully satisfied on 31 Aug 2013.
Frequently asked questions
What is the Incorporation or founding date of Rachit Fashion Private Limited?
Rachit Fashion Private Limited was incorporated on 05 Nov 2008.
What is authorized share capital and paid-up capital of Rachit Fashion Private Limited?
The authorized share capital of Rachit Fashion Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.46 Cr.
Who are the current board members & directors of Rachit Fashion Private Limited?
Currently 2 directors are associated with Rachit Fashion Private Limited.
- Pramodkumar Sanwarmal Poddar
- Babita Pramod Poddar
What is the registered address of Rachit Fashion Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rachit Fashion Private Limited is 3011 Annapurna Market, Ring Road India, Surat, Gujarat, 395002.
What is the corporate identification number (CIN) and company number of Rachit Fashion Private Limited?
The corporate identification number (CIN) of Rachit Fashion Private Limited is U17120GJ2008PTC055366 and the company number is 055366 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rachit Fashion Private Limited?
The Official website of Rachit Fashion Private Limited is https://www.rachitgroup.com
What has been the recent revenue trend for Rachit Fashion Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rachit Fashion Private Limited has risen by 18.75%.
What change has been observed in the net worth of Rachit Fashion Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rachit Fashion Private Limited has experienced an upsurge of 2.53%.
What are the total open charges for Rachit Fashion Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rachit Fashion Private Limited amount to ₹ 18.30 Cr.
When was the last Balance Sheet of Rachit Fashion Private Limited filed with the ROC?
The most recent Balance Sheet for Rachit Fashion Private Limited was filed with the ROC on 31 Mar 2024.
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