MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-HR-03-0010314
Rack Factory India Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹79.7 Lakh
▲ 43% YoY
Net loss · FY 2019
₹3.44 Lakh
Net margin -4.3%
EBITDA · FY 2019
-₹3.2 Lakh
EBITDA margin -4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.5 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Employees · EPFO
1
Provident fund records
Directors on board
2
As per MCA filings
About Rack Factory India Private Limited
Data last updated:
Rack Factory India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 10 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28119KA2007PTC042440. Its GSTIN is 06AADCR6512J1ZE (Haryana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors Ajay Dhawan and Manju Dhawan.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H M Astoria G – 001 No.10 Benson Cross Road Benson Town, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2019, the company reported a revenue of ₹79.7 Lakh, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹3.44 Lakh (net margin -4.3%) and EBITDA of -₹3.2 Lakh (EBITDA margin -4%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending.
Rack Factory India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0010314). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website outdooradz.com.
Company details
CIN U28119KA2007PTC042440
Registration Number 042440
Incorporation Date 10 April 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-03-0010314
Recognitions & Rankings of Rack Factory India
Contact details
Rack Factory India Private Limited's registered office is in Bangalore, Karnataka. Its website is outdooradz.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH M Astoria G – 001 No.10 Benson Cross Road Benson Town, Bangalore, Karnataka, India – 560001
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Rack Factory India Private Limited, buy the company report.
Comprehensive company report
Rack Factory India 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 Rack Factory India is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Rack Factory India Private Limited, buy the company report.
Financials of Rack Factory India Private Limited
FY 2019 filings availableRack Factory India Private Limited reported revenue of ₹79.7 Lakh (up 43% YoY) for FY 2019.
Revenue · FY 2019
₹79.7 Lakh ▲ 43%
Net loss · FY 2019
₹3.44 Lakh margin -4.3%
EBITDA · FY 2019
-₹3.2 Lakh margin -4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 512%
3 years · compounded
▼ 58%
Revenue rose 43% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 512% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹79.7 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.44 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4% | ||||
| Net Profit Margin | -4.3% | ||||
| 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 Rack Factory India Private Limited, buy the company report.
Board of directors of Rack Factory India Private Limited
Rack Factory India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Dhawan Also directs: Alpha Corp Development Limited, Ads Advertising Private Limited | Director | 10 Apr 2007 | 19 Years 7 Months | Current |
| Manju Dhawan Also directs: Ads Advertising Private Limited | Additional Director | 18 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Rack Factory India Private Limited is audited by CHAUDHARY PRADIP & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAUDHARY PRADIP & CO | FY 2019 | 500168N |
Shareholding
The shareholding of Rack Factory India Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rack Factory India Private Limited, buy the company report.
Legal cases
Rack Factory India Private Limited has 6 court cases on record: 1 filed by Rack Factory India, 5 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Ms Supreme Collections India Pvt Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against Ms Educomp Solutions Ltd Another | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by Shree Jee Sales Corporation | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Rack Factory India 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 Rack Factory India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rack Factory India Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2018, across 2 active EPFO establishments.
Employee count
1
Active EPFO establishments
2
Employee growth
-92.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 1 |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2013-14 | |
| FY 2012-13 |
To see the full employee and EPFO history of Rack Factory India Private Limited, buy the company report.
GST
Rack Factory India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCR6512J1ZE | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rack Factory India Private Limited, buy the company report.
Recent activity
Rack Factory India Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Seema Dhawan ceased to be Director on 20 Aug 2018.
AGM
Rack Factory India Private Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.
Filing
Rack Factory India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Ceased
Seema Dhawan ceased to be Director.
Appointed
Manju Dhawan was appointed as Additional Director.
Ceased
Deepak Varma ceased to be Director.
Appointed
Ajay Dhawan was appointed as Director.
Incorporation
10 Apr 2007
Rack Factory India Private Limited was registered on 10 Apr 2007 with Roc Bangalore & aged 19 years 7 months as per MCA records.
Frequently asked questions
Rack Factory India is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 10 April 2007 (19+ years old) and is registered under CIN U28119KA2007PTC042440.
Rack Factory India has 2 current directors:
- Ajay Dhawan - Director
- Manju Dhawan - Additional Director
The latest financial statements of Rack Factory India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Rack Factory India is 06AADCR6512J1ZE, registered in Haryana.
The CIN (Corporate Identification Number) of Rack Factory India is U28119KA2007PTC042440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rack Factory India has 6 court cases on record: 1 filed by the company and 5 filed against it. 1 is pending.
Rack Factory India was incorporated on 10 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Seema Dhawan ceased to be Director on 20 Aug 2018. Manju Dhawan was appointed as Additional Director on 18 Jul 2018. Deepak Varma ceased to be Director on 01 Apr 2008. Rack Factory India has 4 board changes on record in total.
Yes, Rack Factory India is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-03-0010314).
Rack Factory India can be reached through the website outdooradz.com. Its registered office is in Bangalore, Karnataka, India.
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