Rack N Space Storage Solutions Private Limited

Rack N Space Storage Solutions Private Limited - engineering in Baramati, Maharashtra, India. FY 2026 financials & compliance.
CIN U29242PN2014PTC150889 Incorporated 06 March 2014 ROC Pune HQ Baramati, Maharashtra, India
Active Private Limited Company engineering
Data last updated
Revenue · FY 2024
₹30.48 Cr
▲ 86% YoY
Net profit · FY 2024
₹1.04 Cr
Net margin 3.4%
EBITDA · FY 2024
₹2.05 Cr
EBITDA margin 6.7%
Authorised capital
₹97.46 Lakh
Registered with MCA
Paid-up capital
₹97.46 Lakh
Issued & subscribed
Open charges
₹9.52 Cr
Satisfied ₹20 Lakh
Company age
12 yrs
Est. 2014
Employees · EPFO
36
Provident fund records

About Rack N Space Storage Solutions Private Limited

Data last updated:

Rack N Space Storage Solutions Private Limited is a private limited company based in Baramati, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 06 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29242PN2014PTC150889. Its GSTIN is 27AAGCR8341E1ZB (Maharashtra).

The company has an authorised share capital of ₹97.46 Lakh and a paid-up capital of ₹97.46 Lakh. It is led by directors including Prashant Bajirao Nikam and Rahul Amogh Vora.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Param Bunglow Near Khatri Gas Godown Shivaji Nagar Jalochi Baramati, Maharashtra, India – 413102.

As per the financials filed for FY 2024, the company reported a revenue of ₹30.48 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 3.4%) and EBITDA of ₹2.05 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 18% over five years.

The company has about 36 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9.52 Cr and satisfied charges of ₹20 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Rack N Space Storage Solutions Private Limited
CIN U29242PN2014PTC150889
Registration Number 150889
Incorporation Date 06 March 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Param Bunglow Near Khatri Gas Godown Shivaji Nagar Jalochi Baramati, Maharashtra, India – 413102
  • Industry
    Engineering, Metal Foundry & Fabrication Services
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Financials, compliance, directors, charges, ownership and filings for Rack N Space Storage Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Rack N Space Storage Solutions Private Limited

The main business activity of Rack N Space Storage Solutions is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Rack N Space Storage Solutions Private Limited FY 2024 filings available

Rack N Space Storage Solutions Private Limited reported revenue of ₹30.48 Cr (up 86% YoY) for FY 2024.

Revenue · FY 2024
₹30.48 Cr ▲ 86%
Net profit · FY 2024
₹1.04 Cr margin 3.4%
EBITDA · FY 2024
₹2.05 Cr margin 6.7%

Compounded Annual Growth Rate (CAGR) of Rack N Space Storage Solutions Private Limited

Revenue CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 66%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 77%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 86% growth in the latest year. EBITDA rose 5% 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 of Rack N Space Storage Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹30.48 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹2.05 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.04 Cr••••••••••••••••
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 of Rack N Space Storage Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.7%••••••••••••••••
Net Profit Margin3.4%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rack N Space Storage Solutions are in the company report.

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Financial statements from 2015

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Peer Comparison of Rack N Space Storage Solutions Private Limited

Rack N Space Storage Solutions Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Industrial Products Manufacturers, Metals). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Suwinka Engineering Private Limited₹30.54 Cr (FY 2025)••••••••-12.0%••••Navi Mumbai, Maharashtra, India
Bagherwal Electrodes Pvt Ltd₹30.54 Cr (FY 2016)••••••••79.0%••••Indore, Madhya Pradesh, India
Blue Bell Plast Private Limited₹30.53 Cr (FY 2024)••••••••24.0%••••Ahmedabad, Gujarat, India
Spantech Engineers Private Limited₹30.52 Cr (FY 2024)••••••••40.0%••••Navi Mumbai, Maharashtra, India
Universal Industrial Plants Mfg.Co. Private Limited₹30.49 Cr (FY 2024)••••••••251.0%••••New Delhi, Delhi, India
Rack N Space Storage Solutions Private Limited this company₹30.48 Cr (FY 2024)••••••••86.0%••••Baramati, Maharashtra, India
Antony Metals Private Limited₹30.47 Cr (FY 2025)••••••••9.0%••••Tirunelveli, Tamil Nadu, India
O K Glass Fibre Private Limited₹30.46 Cr (FY 2025)••••••••13.0%••••Mumbai, Maharashtra, India
Techno Forge Limited₹30.44 Cr (FY 2025)••••••••4.0%••••Bharuch, Gujarat, India
Neoairtech India Private Limited₹30.41 Cr (FY 2025)••••••••27.0%••••Bangalore, Karnataka, India
Hybrid Metals Private Limited₹30.41 Cr (FY 2024)••••••••-3.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Rack N Space Storage Solutions by revenue in the Metals and Minerals industry (Industrial Products Manufacturers, Metals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Rack N Space Storage Solutions Private Limited

Rack N Space Storage Solutions Private Limited is audited by Pratik Doshi & Associates for the financial year 2024.

NameStatusAppointment DateCessation Date
Pratik Doshi & AssociatesLockedLockedLocked
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Board of Directors of Rack N Space Storage Solutions Private Limited

Rack N Space Storage Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prashant Bajirao NikamDirector06 Mar 201412 Years 7 MonthsCurrent
Rahul Amogh VoraDirector14 Mar 201412 Years 6 MonthsCurrent
Nitant Uday KothariDirector06 Mar 201412 Years 7 MonthsCurrent

Ownership and Shareholding of Rack N Space Storage Solutions Private Limited

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Charges & Borrowings of Rack N Space Storage Solutions Private Limited

Open charges
₹9.52 Cr
Satisfied charges
₹20 Lakh
Breakdown by lending institutions
Others₹8.98 Cr
Axis Bank Limited₹0.55 Cr
Latest charge details
DateLenderAmountStatus
15 Jan 2022Axis Bank Limited₹31.78 LakhOpen
15 Jan 2022Axis Bank Limited₹22.78 LakhOpen
29 Jun 2021Others₹87 LakhOpen
27 Oct 2014Others₹8.11 CrOpen
07 Aug 2021Others₹20 LakhSatisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Rack N Space Storage Solutions Private Limited

Rack N Space Storage Solutions Private Limited has a workforce of 36 employees as of Apr 09, 2025.

Employee count
36
Active EPFO establishments
1
Employee growth
-23.4%
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Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Rack N Space Storage Solutions Private Limited

Rack N Space Storage Solutions Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Rahul Amogh Vora ceased to be Additional Director on 28 Dec 2015.

Charges
A charge with Others of Rs. 810.65 Lakh registered on 27 Oct 2014 with Charge ID 10532892 was modified on 16 Nov 2024.
AGM
Rack N Space Storage Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rack N Space Storage Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 07 Aug 2021 via Charge ID 100475404 with Others was fully satisfied on 04 Nov 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 31.78 Lakh with Charge ID 100528691 was registered on 15 Jan 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 22.78 Lakh with Charge ID 100528694 was registered on 15 Jan 2022.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100475404 was registered on 07 Aug 2021.
Charges
A charge with Others amounted to Rs. 87.00 Lakh with Charge ID 100459396 was registered on 29 Jun 2021.
Ceased
Rahul Amogh Vora ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 810.65 Lakh with Charge ID 10532892 was registered on 27 Oct 2014.
Appointed
Rahul Amogh Vora was appointed as Director.
Appointed
Nitant Uday Kothari was appointed as Director.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Rack N Space Storage Solutions Private Limited

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MSME Payment Delays by Rack N Space Storage Solutions Private Limited

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Subsidiaries & Group Companies of Rack N Space Storage Solutions Private Limited

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GST Compliance of Rack N Space Storage Solutions Private Limited

Rack N Space Storage Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCR8341E1ZBMaharashtraActive01 Jul 2017
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MCA Filings & Documents of Rack N Space Storage Solutions Private Limited

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Frequently Asked Questions about Rack N Space Storage Solutions Private Limited

Rack N Space Storage Solutions is an active private limited company based in Baramati, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 06 March 2014 (12+ years old) and is registered under CIN U29242PN2014PTC150889.

Rack N Space Storage Solutions reported revenue of ₹30.48 Cr for FY 2024 (up 86% YoY).

Rack N Space Storage Solutions has 3 current directors:

Rack N Space Storage Solutions reported a net profit of ₹1.04 Cr (net margin 3.4%) and EBITDA of ₹2.05 Cr (EBITDA margin 6.7%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Rack N Space Storage Solutions is 66% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 86%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Rack N Space Storage Solutions is 27AAGCR8341E1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Rack N Space Storage Solutions is U29242PN2014PTC150889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rack N Space Storage Solutions has 2 court cases on record: 2 filed by the company. 1 is pending.

Rack N Space Storage Solutions was incorporated on 06 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Rack N Space Storage Solutions by revenue are Suwinka Engineering Private Limited, Bagherwal Electrodes Pvt Ltd, Blue Bell Plast Private Limited, Spantech Engineers Private Limited, Universal Industrial Plants Mfg.Co. Private Limited and 5 more, all in the Metals and Minerals industry (Industrial Products Manufacturers, Metals).

Rahul Amogh Vora ceased to be Additional Director on 28 Dec 2015. Rahul Amogh Vora was appointed as Director on 14 Mar 2014. Nitant Uday Kothari was appointed as Director on 06 Mar 2014. Rack N Space Storage Solutions has 4 board changes on record in total.

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