Rainbow Promoters Private Limited
About Rainbow Promoters Private Limited
Data last updated:
Rainbow Promoters Private Limited was a private limited company based in Faridabad, Haryana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 January 1996.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1996PTC080933. Its GSTIN is 06AAACR5368R1ZP (Haryana).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.05 Lakh. It was led by directors Om Prakash Singh and Ramanjit Sahni.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Ot – 14 3rd Floor Next Door Parklands Sector – 75, Faridabad, Haryana, India – 121004.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.96 Lakh. For the same year it recorded a net profit of ₹18.69 Lakh (net margin 72%) and EBITDA of ₹25.6 Lakh (EBITDA margin 98.6%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 17% over five years.
As per MCA filings, the company had satisfied charges of ₹360.1 Cr on record. Court records list 17 cases involving the company, including 5 filed by the company and 12 filed against it; 2 cases are pending.
Company details
CIN history
Rainbow Promoters has one previous CIN (Corporate Identification Number): U74899DL1996PTC075708. The current CIN is U74899HR1996PTC080933, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1996PTC080933 | Current |
| U74899DL1996PTC075708 | Previous |
Contact details
Rainbow Promoters Private Limited's registered office is in Faridabad, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOt – 14 3rd Floor Next Door Parklands Sector – 75, Faridabad, Haryana, India – 121004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rainbow Promoters 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 Rainbow Promoters is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Rainbow Promoters Private Limited
FY 2024 filings availableRainbow Promoters Private Limited reported revenue of ₹25.96 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹25.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.69 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.6% | ||||
| Net Profit Margin | 72% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Rainbow Promoters Private Limited, buy the company report.
Board of directors of Rainbow Promoters Private Limited
Rainbow Promoters has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Om Prakash Singh | Director | 15 Jan 2016 | 10 Years 9 Months | As last reported |
| Ramanjit Sahni Also directs: Triad Infrastructure LLP, Good Earth Business Park Private Limited, Good Earth Plotted Facilities Private Limited and 1 more | Director | 20 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
Rainbow Promoters Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deserve Vinimay Private Limited | ₹25.97 Lakh (FY 2025) | -71.0% | Kolkata, West Bengal, India | |||
| Rainbow Promoters Private Limitedthis company | ₹25.96 Lakh (FY 2024) | ₹18.69 Lakh | 72% | Faridabad, Haryana, India | ||
| Gurukripa Utility Services Private Limited | ₹25.95 Lakh (FY 2024) | 87.0% | Lucknow, Uttar Pradesh, India | |||
| La Vita Projects Private Limited | ₹25.95 Lakh (FY 2024) | -57.0% | Tirur, Kerala, India |
To see the full peer comparison of Rainbow Promoters Private Limited, buy the company report.
Auditor
Rainbow Promoters Private Limited is audited by A Prasad & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A Prasad & Associates | FY 2022 | 004250C |
Shareholding
The shareholding of Rainbow Promoters Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rainbow Promoters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2006 | 10015237 | Oriental Bank of Commerce | ₹93.4 Cr | Satisfied | |
| 31 Mar 2006 | 10002130 | Central Bank of India | ₹50 Cr | Satisfied | |
| 21 Dec 2005 | 80008140 | Indian Bank | ₹66.7 Cr | Satisfied | |
| 18 Oct 2005 | 80000312 | Punjab National Bank | ₹150 Cr | Satisfied |
To see the full charge records of Rainbow Promoters Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Rainbow Promoters Private Limited has 17 court cases on record: 5 filed by Rainbow Promoters, 12 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 0 |
| Supreme Court | 5 | 5 | 0 |
| District courts | 4 | 3 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by Bata India Ltd. | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against Dalip Singh Rana (HUF) Etc and 1 other | Pending |
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company against Income Tax Department | Disposed |
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Rainbow Promoters 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 Rainbow Promoters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rainbow Promoters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACR5368R1ZP | Haryana | Active | 20 Nov 2019 |
To see the full GST registrations and return filing status of Rainbow Promoters Private Limited, buy the company report.
Recent activity
Rainbow Promoters Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Om Prakash Singh ceased to be Additional Director on 26 Sep 2016.
12 earlier events are in the company report.
Frequently asked questions
Rainbow Promoters has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Rainbow Promoters was a private limited company based in Faridabad, Haryana, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 January 1996 and is registered under CIN U74899HR1996PTC080933. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rainbow Promoters was incorporated on 23 January 1996. It is registered with the Registrar of Companies, Delhi.
Rainbow Promoters had 2 directors:
- Om Prakash Singh - Director
- Ramanjit Sahni - Director
The CIN (Corporate Identification Number) of Rainbow Promoters is U74899HR1996PTC080933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Rainbow Promoters is at Ot – 14 3rd Floor Next Door Parklands Sector – 75, Faridabad, Haryana, India – 121004.
The latest financial statements of Rainbow Promoters on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rainbow Promoters is 06AAACR5368R1ZP, registered in Haryana.
Rainbow Promoters operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Rainbow Promoters by revenue are Deserve Vinimay Private Limited, Gurukripa Utility Services Private Limited, La Vita Projects Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Rainbow Promoters has 17 court cases on record: 5 filed by the company and 12 filed against it. 2 are pending. Most are in the high courts.
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