Rainbow Retail Limited
About Rainbow Retail Limited
Data last updated:
Rainbow Retail Limited was a public limited company based in Mohali, Punjab, 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 retail trading segment of the trading and commerce sector. It was incorporated on 22 November 1995.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17111PB1995PLC017316. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.3 Cr. It was formerly known as Abhishek Retail Limited. It was led by directors including Suraj Parkash Setia and Varinder Singh.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at C 185 – 186 Phase VIII A Industrial Area, Mohali, Punjab, India – 160062.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.28 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Lakh (net margin 0.8%) and EBITDA of ₹5.86 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 692% over three years.
Its group structure included 1 subsidiary.
Court records list 2 cases involving the company, including 2 filed against it.
Company details
CIN history
Rainbow Retail has one previous CIN (Corporate Identification Number): U17111PB1995PTC017316. The current CIN is U17111PB1995PLC017316, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111PB1995PLC017316 | Current |
| U17111PB1995PTC017316 | Previous |
Contact details
Rainbow Retail Limited's registered office is in Mohali, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC 185 – 186 Phase VIII A Industrial Area, Mohali, Punjab, India – 160062
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Rainbow Retail 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
Financials of Rainbow Retail Limited
FY 2018 filings availableRainbow Retail Limited reported revenue of ₹2.28 Cr (down 15% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 692%. EBITDA fell 91% in the latest year. 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5.86 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.74 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.6% | |||
| 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 Rainbow Retail Limited, buy the company report.
Board of directors of Rainbow Retail Limited
Rainbow Retail has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suraj Parkash Setia Also directs: Rra Textiles Private Limited, Trident Global Corp Limited, HP MMF Textiles Limited and 3 more | Director | 01 Oct 2013 | 13 Years 0 Months | As last reported |
| Varinder Singh | Director | 08 Jun 2018 | 8 Years 4 Months | As last reported |
| Davindar Singh Sokhi | Director | 21 May 2018 | 8 Years 5 Months | As last reported |
Peer comparison
Rainbow Retail Limited is compared with the 8 companies closest to it by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goel Decors India Private Limited | ₹2.36 Cr (FY 2023) | 5.0% | New Delhi, Delhi, India | |||
| Chadarwala Handloom House Private Limited | ₹2.34 Cr (FY 2025) | 6.0% | Delhi, India | |||
| Rewanta Fashions Private Limited | ₹2.32 Cr (FY 2025) | 184.0% | Mumbai, Maharashtra, India | |||
| Senosi Interiors Private Limited | ₹2.29 Cr (FY 2024) | 28.0% | Ahmedabad, Gujarat, India | |||
| Rainbow Retail Limitedthis company | ₹2.28 Cr (FY 2018) | ₹1.74 Lakh | 0.8% | -15.0% | Mohali, Punjab, India | |
| Lovie Impex Private Limited | ₹2.28 Cr (FY 2024) | 33.0% | Bandhaghat, West Bengal, India | |||
| Oriental Furnishers Pvt Ltd | ₹2.26 Cr (FY 2024) | -58.0% | Chandigarh, India | |||
| SNV Decor Trading Private Limited | ₹2.23 Cr (FY 2024) | -36.0% | New Delhi, Delhi, India | |||
| Darshan Textile Mills Private Limited | ₹2.2 Cr (FY 2025) | 317.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Rainbow Retail Limited, buy the company report.
Auditor
Rainbow Retail Limited is audited by K. K. Kapoor & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. K. Kapoor & Associates | FY 2017 | 01013N |
Shareholding
The shareholding of Rainbow Retail 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 Rainbow Retail Limited, buy the company report.
Legal cases
Rainbow Retail Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (IAAP) | Filed against the company by Navratna SG Highway Properties Private Limited | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed against the company by BLB Mall Management Company Private Limited | Disposed |
To see the full case history of Rainbow Retail 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 Retail Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rainbow Retail has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Himalayan Ayurvedic and Agro Research Centre Ltd | U01112CH1992PLC011970 |
To see the full group structure of Rainbow Retail Limited, buy the company report.
GST
Rainbow Retail 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 Rainbow Retail Limited, buy the company report.
Recent activity
Rainbow Retail Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Davindar Singh Sokhi ceased to be Additional Director on 28 Sep 2018.
5 earlier events are in the company report.
Frequently asked questions
Rainbow Retail 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 Retail was a public limited company based in Mohali, Punjab, India. The company worked in retail trading, within the trading industry. It was incorporated on 22 November 1995 and is registered under CIN U17111PB1995PLC017316. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rainbow Retail was incorporated on 22 November 1995. It is registered with the Registrar of Companies, Chandigarh.
Rainbow Retail had 3 directors:
- Suraj Parkash Setia - Director
- Varinder Singh - Director
- Davindar Singh Sokhi - Director
The CIN (Corporate Identification Number) of Rainbow Retail is U17111PB1995PLC017316. 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 Retail is at C 185 – 186 Phase VIII A Industrial Area, Mohali, Punjab, India – 160062.
The latest financial statements of Rainbow Retail on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Rainbow Retail has 2 GST registrations on record and all of them are cancelled or inactive.
Rainbow Retail operated in the trading industry, in the retail trading segment.
The peers of Rainbow Retail by revenue are Goel Decors India Private Limited, Chadarwala Handloom House Private Limited, Rewanta Fashions Private Limited, Senosi Interiors Private Limited, Lovie Impex Private Limited and 3 more, all in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (retail trading).
Rainbow Retail has 2 court cases on record: 2 filed against it.