Rainbow Mercantile Pvt. Ltd.
About Rainbow Mercantile Pvt. Ltd.
Data last updated:
Rainbow Mercantile Pvt. Ltd. is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the contract-based services segment of the business services sector. It was incorporated on 12 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51100UP1992PTC179365.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.34 Cr. It is led by directors Abhishek Jakhodia and Navneet Jain.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kanpur, Uttar Pradesh.
As per the financials filed for FY 2022, the company reported a revenue of ₹3 Lakh. For the same year it recorded a net profit of ₹22,311 (net margin 7.4%) and EBITDA of -₹2.72 Lakh (EBITDA margin -90.5%).
As per MCA filings, the company has open charges of ₹46.54 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Rainbow Mercantile has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51100UP1992PTC179365, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100UP1992PTC179365 | Current |
| U19116WB1992PTC054414 | Previous |
| U51100WB1992PTC054414 | Previous |
Contact details
Rainbow Mercantile Pvt. Ltd.'s registered office is in Kanpur, Uttar Pradesh.
- Registered Address122/235 Plot No. 17, Fazalganj, Kanpur, Uttar Pradesh, India – 208012
- IndustryBusiness Services, Contractual Work, Wholesale
- 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
Financials of Rainbow Mercantile Pvt. Ltd.
FY 2024 filings availableRainbow Mercantile Pvt. Ltd. reported revenue of ₹3 Lakh for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22,311 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -90.5% | ||||
| Net Profit Margin | 7.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Rainbow Mercantile Pvt. Ltd., buy the company report.
Board of directors of Rainbow Mercantile Pvt. Ltd.
Rainbow Mercantile has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Jakhodia Also directs: Sigma Castings Limited, Kundan Castings Private Limited | Director | 29 Dec 2004 | 21 Years 9 Months | Current |
| Navneet Jain Also directs: Sigma Castings Limited, Kundan Castings Private Limited, Greenlook Farm and Cottages Private Limited and 5 more | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2024 | 100944976 | Indian Bank | ₹4.8 Cr | Open | |
| 04 May 2023 | 100719790 | Indian Bank | ₹41.74 Cr | Open |
To see the full charge records of Rainbow Mercantile Pvt. Ltd., buy the company report.
Total charge records: 2 View all charges
Legal cases
Rainbow Mercantile Pvt. Ltd. has 3 court cases on record: 1 filed by Rainbow Mercantile, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against Naresh Kumar Jain -VS- the Registrar of Companies, W. B. | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax-3, Mumbai..... | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax | Disposed |
To see the full case history of Rainbow Mercantile Pvt. Ltd., 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 Rainbow Mercantile Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Rainbow Mercantile Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rainbow Mercantile Pvt. Ltd. has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Navneet Jain ceased to be Additional Director on 27 Sep 2023.
Frequently asked questions
Rainbow Mercantile is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in contractual work, within the business services industry. It was incorporated on 12 February 1992 (34+ years old) and is registered under CIN U51100UP1992PTC179365.
Rainbow Mercantile has 2 current directors:
- Abhishek Jakhodia - Director
- Navneet Jain - Director
The latest financial statements of Rainbow Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rainbow Mercantile is U51100UP1992PTC179365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rainbow Mercantile has 3 court cases on record: 1 filed by the company and 2 filed against it.
Rainbow Mercantile was incorporated on 12 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kanpur.
Navneet Jain ceased to be Additional Director on 27 Sep 2023. Navneet Jain was appointed as Director on 01 Aug 2023. Naresh Kumar Jain ceased to be Director on 01 Jan 2022. Rainbow Mercantile has 5 board changes on record in total.
The registered office of Rainbow Mercantile is at 122235 Plot No. 17, Fazalganj, Kanpur, Uttar Pradesh, India – 208012.
Rainbow Mercantile operates in the business services industry, in the contractual work segment.
Rainbow Mercantile has open charges of ₹46.54 Cr and no satisfied charges on record as per latest MCA filings.