About Ramesh Candles India Private Limited
Data last updated:
Ramesh Candles India Private Limited was a private limited company based in Tuticorin, Tamil Nadu, 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 home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 08 April 2008.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U24248TN2008PTC067254. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Sushil Kumar Sharma and Manju Singhwi.
Its last annual general meeting (AGM) was held on 21 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 1/5 1/5A Sankaraperi Village, Tuticorin, Tamil Nadu, India – 628002.
As per the financials filed for FY 2016, the company reported a revenue of ₹27.63 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹87.15 Lakh (net margin -3.2%) and EBITDA of -₹40.03 Lakh (EBITDA margin -1.4%).
The company had about 551 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹10.25 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is rameshflowers.com.
Company details
Contact details
Ramesh Candles India Private Limited's registered office is in Tuticorin, Tamil Nadu. Its website is rameshflowers.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1/5 1/5A Sankaraperi Village, Tuticorin, Tamil Nadu, India – 628002
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Ramesh Candles India 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 Ramesh Candles India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ramesh Candles India Private Limited, buy the company report.
Financials of Ramesh Candles India Private Limited
FY 2016 filings availableRamesh Candles India Private Limited reported revenue of ₹27.63 Cr (up 1% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year. EBITDA fell 142% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | -₹40.03 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹87.15 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.4% | |
| Net Profit Margin | -3.2% | |
| 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 Ramesh Candles India Private Limited, buy the company report.
Board of directors of Ramesh Candles India Private Limited
Ramesh Candles India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Sharma Also directs: Bhomiaji Agro P Ltd, Decoshyam Arts Private Limited, Bhomiaji Unique Packaging Private Limited and 2 more | Director | 28 Jan 2011 | 15 Years 9 Months | As last reported |
| Manju Singhwi Also directs: Bhomiaji Enterprises LLP, Bhomiaji Agro P Ltd, Bhomiaji Merchandising Private Limited and 3 more | Director | 08 Apr 2008 | 18 Years 7 Months | As last reported |
| Amit Lodha Also directs: Decoshyam Arts Private Limited | Director | 28 Jan 2011 | 15 Years 9 Months | As last reported |
| Mahendra Raj Singhwi Also directs: Bhomiaji Enterprises LLP, Bhomiaji Agro P Ltd, Bhomiaji Merchandising Private Limited and 5 more | Director | 08 Apr 2008 | 18 Years 7 Months | As last reported |
Auditor
Ramesh Candles India Private Limited is audited by J THOMAS FERNANDO & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J THOMAS FERNANDO & CO | FY 2015 | 004402S |
Shareholding
The shareholding of Ramesh Candles India Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ramesh Candles India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2012 | 10361461 | Tamilnad Mercantile Bank Limited | ₹10.25 Cr | Satisfied |
To see the full charge records of Ramesh Candles India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ramesh Candles India Private Limited has 1 court case on record: 1 filed by Ramesh Candles India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thoothukudi, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Ramesh Candles India 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 Ramesh Candles India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ramesh Candles India Private Limited has a workforce of 551 employees on its EPFO records as of Dec 2016.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2016-17 | 551 |
GST
Ramesh Candles India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ramesh Candles India Private Limited, buy the company report.
Recent activity
Ramesh Candles India Private Limited has 4 board changes on record since 2008: 4 appointments. The latest: Amit Lodha was appointed as Director on 28 Jan 2011.
Frequently asked questions
Ramesh Candles India 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.
Ramesh Candles India was a private limited company based in Tuticorin, Tamil Nadu, India. The company worked in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 08 April 2008 and is registered under CIN U24248TN2008PTC067254. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ramesh Candles India was incorporated on 08 April 2008. It is registered with the Registrar of Companies, Chennai.
Ramesh Candles India had 4 directors:
- Sushil Kumar Sharma - Director
- Manju Singhwi - Director
- Amit Lodha - Director
- Mahendra Raj Singhwi - Director
The CIN (Corporate Identification Number) of Ramesh Candles India is U24248TN2008PTC067254. 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 Ramesh Candles India is at 15 15A Sankaraperi Village, Tuticorin, Tamil Nadu, India – 628002.
Ramesh Candles India can be reached through the website rameshflowers.com. Its registered office is in Tuticorin, Tamil Nadu, India.
The latest financial statements of Ramesh Candles India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 21 September 2016. Year-wise statements from 2015 are in the company report.
No. Ramesh Candles India has 1 GST registration on record and it is cancelled or inactive.
Ramesh Candles India operated in the home and lifestyle industry, in the home furnishings and accessories retail segment.
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