Raideep Synthetics Private Limited
About Raideep Synthetics Private Limited
Data last updated:
Raideep Synthetics Private Limited is a private limited company based in Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1998PTC021493. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹64.85 Lakh. It is led by directors Rai Sahib and Paramjit Bhalla.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 46 Industrial Area Aludhiana, Punjab, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.48 Lakh. For the same year it recorded a net profit of ₹5.24 Lakh (net margin 95.7%) and EBITDA of -₹23,500 (EBITDA margin -4.3%). Revenue has declined at a compounded annual rate (CAGR) of 41% over five years.
As per MCA filings, the company has open charges of ₹19.59 Cr and satisfied charges of ₹9.58 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Raideep Synthetics Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address46 Industrial Area Aludhiana, Punjab, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Raideep Synthetics 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 Raideep Synthetics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Raideep Synthetics Private Limited, buy the company report.
Financials of Raideep Synthetics Private Limited
FY 2025 filings availableRaideep Synthetics Private Limited reported revenue of ₹5.48 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.48 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹23,500 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.24 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.3% | ||||
| Net Profit Margin | 95.7% | ||||
| 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 Raideep Synthetics Private Limited, buy the company report.
Board of directors of Raideep Synthetics Private Limited
Raideep Synthetics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rai Sahib Also directs: Raideep Industries Limited, Jai Maa Processors Private Limited, Raideep Fabrics Private Limited and 4 more | Director | 12 Jun 1998 | 28 Years 4 Months | Current |
| Paramjit Bhalla Also directs: Raideep Industries Limited, Jai Maa Processors Private Limited, Dashmesh Weaving & Dyeing Mills Private Limited and 1 more | Director | 12 Jun 1998 | 28 Years 4 Months | Current |
Auditor
Raideep Synthetics Private Limited is audited by DAVINDER PAL SINGH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAVINDER PAL SINGH & CO. | FY 2023 | 086596 |
Shareholding
The shareholding of Raideep Synthetics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Raideep Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2011 | 10303981 | Punjab & Sind Bank | ₹19.59 Cr | Open | |
| 16 May 2008 | 10105879 | Punjab & Sind Bank | ₹14.6 Lakh | Satisfied | |
| 13 Sep 2007 | 10069983 | Canara Bank | ₹8.29 Cr | Satisfied | |
| 01 Sep 2006 | 10021698 | Canara Bank | ₹9 Lakh | Satisfied | |
| 18 Apr 2006 | 80013774 | Canara Bank | ₹80 Lakh | Satisfied |
To see the full charge records of Raideep Synthetics Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Raideep Synthetics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Raideep Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Raideep Synthetics has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Raideep Synthetics has 2 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 Raideep Synthetics Private Limited, buy the company report.
Recent activity
Raideep Synthetics Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Paramjit Bhalla was appointed as Director on 12 Jun 1998.
9 earlier events are in the company report.
Frequently asked questions
Raideep Synthetics is an active private limited company based in Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 June 1998 (28+ years old) and is registered under CIN U17115PB1998PTC021493.
Raideep Synthetics has 2 current directors:
- Rai Sahib - Director
- Paramjit Bhalla - Director
The latest financial statements of Raideep Synthetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Raideep Synthetics has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Raideep Synthetics is U17115PB1998PTC021493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raideep Synthetics was incorporated on 12 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Paramjit Bhalla was appointed as Director on 12 Jun 1998. Rai Sahib was appointed as Director on 12 Jun 1998.
The registered office of Raideep Synthetics is at 46 Industrial Area Aludhiana, Punjab, India.
Raideep Synthetics operates in the manufacturing industry, in the textile and fabric production segment.
Raideep Synthetics has open charges of ₹19.59 Cr and satisfied charges of ₹9.58 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
