Racon Bidding And Sourcing Private Limited Company Logo

Racon Bidding And Sourcing Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Adambakkam, Chennai, Tamil Nadu, India, established in 2018.

2018 | Adambakkam, Chennai, Tamil Nadu, India | Active
Last Updated:

About Racon Bidding And Sourcing Private Limited

Racon Bidding And Sourcing Private Limited, a active private limited company, was established on 21 December 2018 in Adambakkam, Chennai, Tamil Nadu, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U74999TN2018PTC126498. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Its leadership includes Geetha (Director), Neelakantapillai Ramaswamy (Director). Past directors included Rajendran Bojan. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at Plot No.12, 4A First Floor Maha Lakshmi Nagar 14Th Cross Street,, Adambakkam, Chennai, Tamil Nadu, 600088.

Company Details

  • CIN/LLPIN

    U74999TN2018PTC126498

  • Registration Number

    126498

  • Incorporation Date

    21 December 2018

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 2 Days
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 183.34%
  • Profit Growth 849.97%
  • Ebitda 560.43%
  • Net Worth 454.22%
  • Total Assets 849.36%
Company report

Racon Bidding And Sourcing Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Racon Bidding And Sourcing Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Racon Bidding And Sourcing Private Limited?

Current Directors

NameDesignationAppointment DateStatus
GeethaDirector28 Jun 2021Current
Neelakantapillai RamaswamyDirector21 Dec 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Jul 2021Past

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Financial Performance of Racon Bidding And Sourcing.

Racon Bidding And Sourcing Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 183.34% increase. The company also saw a substantial improvement in profitability, with a 849.97% increase in profit. The company's net worth Soared by an impressive increase of 454.22%.

Racon Bidding And Sourcing revenue growth over time
Racon Bidding And Sourcing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
183.34%
Revenue from Operations
183.25%
Total Assets
849.36%
Profit or Loss
849.97%
Net Worth
454.22%
EBITDA
560.43%

What is the Ownership and Shareholding Structure of Racon Bidding And Sourcing?

In 2021, Racon Bidding And Sourcing had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Racon Bidding And Sourcing?

Unlock and access historical data on people associated with Racon Bidding And Sourcing, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Racon Bidding And Sourcing Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Racon Bidding And Sourcing, 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 Racon Bidding And Sourcing's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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 Racon Bidding And Sourcing

Recent Activity within the Organization

  • Annual General Meeting

    Racon Bidding And Sourcing Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Geetha was appointed as a Director was appointed as a Director on 28 Jun 2021 & has been associated with this company since 4 years 5 months . was recorded as a recent event.

  • Balance Sheet

    Progress on Racon Bidding And Sourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai. was documented.

  • Director Appointment

    Progress on Neelakantapillai Ramaswamy was appointed as a Director was appointed as a Director on 21 Dec 2018 & has been associated with this company since 7 years 2 days . was documented.

  • Company Incorporation

    Progress on Racon Bidding And Sourcing Private Limited was registered on 21 Dec 2018 with Roc Chennai & aged 7 years 2 days as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Racon Bidding And Sourcing Private Limited?

    The CIN of Racon Bidding And Sourcing Private Limited is U74999TN2018PTC126498.

  • Where is Racon Bidding And Sourcing Private Limited headquartered?

    Racon Bidding And Sourcing Private Limited is headquartered at Plot No.12, 4A First Floor Maha Lakshmi Nagar 14Th Cross Street,, Adambakkam, Chennai, Tamil Nadu, 600088.

  • When was Racon Bidding And Sourcing Private Limited incorporated?

    Racon Bidding And Sourcing Private Limited was incorporated on 21 December 2018.

  • Who are the current directors of Racon Bidding And Sourcing Private Limited?

    The current directors of Racon Bidding And Sourcing Private Limited are

  • What is the primary industry of Racon Bidding And Sourcing Private Limited?

    The primary industry of Racon Bidding And Sourcing Private Limited is Trade.

  • Is Racon Bidding And Sourcing Private Limited a listed company?

    Racon Bidding And Sourcing Private Limited is unlisted.

  • What is the capital structure of Racon Bidding And Sourcing Private Limited?

    The authorized capital of Racon Bidding And Sourcing Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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