Raekot Minerals Private Limited
About Raekot Minerals Private Limited
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Raekot Minerals Private Limited is a private limited company based in Assam, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 17 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U51909AS2005PTC007847. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Shray Jain and Bhushan Kumar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Gali No 7N H 37 Beltola Guwahati, Assam, India – 781029.
As per the financials filed for FY 2017, the company reported a revenue of ₹11.09 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹8.84 Lakh (net margin -0.8%) and EBITDA of ₹41.99 Lakh (EBITDA margin 3.8%).
As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹3.67 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 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
Raekot Minerals Private Limited's registered office is in Assam. Its e-mail address is in the company report.
- Email
- Registered AddressGali No 7N H 37 Beltola Guwahati, Assam, India – 781029
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Raekot Minerals 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 Raekot Minerals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Raekot Minerals Private Limited, buy the company report.
Financials of Raekot Minerals Private Limited
FY 2017 filings availableRaekot Minerals Private Limited reported revenue of ₹11.09 Cr (down 14% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year. EBITDA fell 36% 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 | ₹11.09 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹41.99 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹8.84 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 | 3.8% | ||
| Net Profit Margin | -0.8% | ||
| 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 Raekot Minerals Private Limited, buy the company report.
Board of directors of Raekot Minerals Private Limited
Raekot Minerals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shray Jain Also directs: Print Opera Inception Private Limited | Director | 26 Dec 2007 | 18 Years 10 Months | Current |
| Bhushan Kumar | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
| Rakesh Dhir | Director | 17 Aug 2005 | 21 Years 2 Months | Current |
Peer comparison
Raekot Minerals Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vansh Exports Private Limited | ₹11.1 Cr (FY 2016) | -11.0% | Ahmedabad, Gujarat, India | |||
| Yuviaara Ispat Private Limited | ₹11.09 Cr (FY 2025) | -38.0% | Kolkata, West Bengal, India | |||
| Navdurga Minerals Private Limited | ₹11.09 Cr (FY 2021) | 169.0% | Manddar Cement Factory, Chhattisgarh, India | |||
| Raekot Minerals Private Limitedthis company | ₹11.09 Cr (FY 2017) | -₹8.84 Lakh | -0.8% | -14.0% | Assam, India | |
| Impactpro Global Private Limited | ₹11.06 Cr (FY 2025) | 18.0% | Bilimora, Gujarat, India |
To see the full peer comparison of Raekot Minerals Private Limited, buy the company report.
Auditor
Raekot Minerals Private Limited is audited by RAVI K AGARWAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI K AGARWAL & ASSOCIATES | FY 2017 | 326107E |
Shareholding
The shareholding of Raekot Minerals 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 Raekot Minerals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2013 | 10465571 | Oriental Bank of Commerce | ₹2.5 Cr | Open | |
| 18 Feb 2012 | 10341353 | Icici Bank Limited | ₹1.5 Cr | Satisfied | |
| 11 Feb 2011 | 10269489 | Oriental Bank of Commerce | ₹1.5 Cr | Satisfied | |
| 02 Mar 2006 | 90267608 | Indusind Bank Ltd. | ₹67 Lakh | Satisfied |
To see the full charge records of Raekot Minerals Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Raekot Minerals Private Limited has 3 court cases on record: 2 filed by Raekot Minerals, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kamrup Metro, Assam | Court case (Complaint Case C.R.) | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Court case (TRAFFIC) | Filed against the company by State | Disposed |
| High Court | Writ petition | Filed by the company against The Union of India and Ors and 6 others | Disposed |
To see the full case history of Raekot Minerals 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 Raekot Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raekot Minerals has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Raekot Minerals Private Limited, buy the company report.
Recent activity
Raekot Minerals Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Bhushan Kumar was appointed as Director on 30 Mar 2015.
4 earlier events are in the company report.
Frequently asked questions
Raekot Minerals is an active private limited company based in Assam, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 17 August 2005 (21+ years old) and is registered under CIN U51909AS2005PTC007847.
Raekot Minerals has 3 current directors:
- Shray Jain - Director
- Bhushan Kumar - Director
- Rakesh Dhir - Director
The latest financial statements of Raekot Minerals on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Raekot Minerals has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Raekot Minerals is U51909AS2005PTC007847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raekot Minerals has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Raekot Minerals was incorporated on 17 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Raekot Minerals by revenue are Vansh Exports Private Limited, Yuviaara Ispat Private Limited, Navdurga Minerals Private Limited, Impactpro Global Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Bhushan Kumar was appointed as Director on 30 Mar 2015. Bhushan Kumar ceased to be Director on 26 Dec 2007. Shray Jain was appointed as Director on 26 Dec 2007. Raekot Minerals has 4 board changes on record in total.
The registered office of Raekot Minerals is at Gali No 7N H 37 Beltola Guwahati, Assam, India – 781029.
Raekot Minerals operates in the metals and minerals industry, in the materials retail and distribution segment.
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