Rangoli International Private Limited
About Rangoli International Private Limited
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Rangoli International Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 16 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2009PTC188454. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.36 Cr. It was formerly known as Runflat Overseas Private Limited. It is led by directors Ravi Bhola and Neelesh.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 9H Hansalya Building 15 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2015, the company reported a revenue of ₹339.2 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹74.87 Cr (net margin -22.1%) and EBITDA of -₹53.25 Cr (EBITDA margin -15.7%).
As per MCA filings, the company has open charges of ₹551.74 Cr and satisfied charges of ₹223.9 Cr on record. Court records list 46 cases involving the company, including 37 filed by the company and 9 filed against it; 7 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹34.38 Cr; the latest was in March 2015.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rangoli International Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address9H Hansalya Building 15 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Rangoli International 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
Financials of Rangoli International Private Limited
FY 2015 filings availableRangoli International Private Limited reported revenue of ₹339.2 Cr (down 54% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 54% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹339.2 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹53.25 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹74.87 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -15.7% |
| Net Profit Margin | -22.1% |
| 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 Rangoli International Private Limited, buy the company report.
Board of directors of Rangoli International Private Limited
Rangoli International has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelesh Also directs: Sahara Exim Private Limited, Rainbow Worldwide Private Limited | Additional Director | 05 Jul 2018 | 8 Years 4 Months | Current |
| Ravi Bhola Also directs: Sahara Exim Private Limited, Rainbow Worldwide Private Limited | Director | 15 Nov 2010 | 15 Years 11 Months | Current |
Auditor
Rangoli International Private Limited is audited by HIRAWAT & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIRAWAT & ASSOCIATES | FY 2015 | 019694N |
Shareholding
The shareholding of Rangoli International Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rangoli International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2015 | 10592514 | Central Bank of India | ₹14.71 Cr | Open | |
| 30 Aug 2014 | 10531660 | Central Bank of India | ₹8.8 Cr | Open | |
| 13 Aug 2014 | 10524213 | Canara Bank | ₹5.75 Cr | Open | |
| 30 Jun 2014 | 10510748 | Vijaya Bank | ₹20 Cr | Open | |
| 24 Feb 2014 | 10485283 | Punjab National Bank | ₹56.25 Cr | Open |
To see the full charge records of Rangoli International Private Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Rangoli International Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹34.38 Cr; the latest was in March 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Alliance Tradevision Private Limited Seller: Manglam Creation Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Funding round | ₹7.5 Cr | Investors: Saunak Technologies Private Limited , Mayurika Management Services Private Limited , Jhalani Investments & Trading Compnay Private Limited |
| Mar 2009 | Funding round | ₹23.26 Cr | Investors: Sahara Exim Private Limited , Dolphin Tradexim Private Limited , Manglam Creation Private Limited , an individual |
| Mar 2009 | Funding round | ₹3.62 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rangoli International Private Limited has 46 court cases on record: 37 filed by Rangoli International, 9 filed against it. 7 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 2 | 4 |
| District courts | 19 | 7 | 1 |
| Supreme Court | 3 | 0 | 2 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Union Bank of India | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Canara Bank | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Canara Bank | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Bank of India | Pending |
| District court, Central, Delhi | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Rangoli International 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 Rangoli International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rangoli International 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 Rangoli International Private Limited, buy the company report.
Recent activity
Rangoli International Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Grisha Singh ceased to be Additional Director on 05 Jul 2018.
47 earlier events are in the company report.
Frequently asked questions
Rangoli International is an active private limited company based in New Delhi, Delhi, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 16 March 2009 (17+ years old) and is registered under CIN U51909DL2009PTC188454.
Rangoli International has 2 current directors:
- Neelesh - Additional Director
- Ravi Bhola - Director
The latest financial statements of Rangoli International on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Rangoli International has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rangoli International is U51909DL2009PTC188454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rangoli International has 46 court cases on record: 37 filed by the company and 9 filed against it. 7 are pending. Most are in the high courts.
Rangoli International was incorporated on 16 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Rangoli International has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹34.38 Cr; the latest was in March 2015.
Grisha Singh ceased to be Additional Director on 05 Jul 2018. Neelesh was appointed as Additional Director on 05 Jul 2018. Luv Bhardwaj ceased to be Director on 05 Dec 2016. Rangoli International has 7 board changes on record in total.
The registered office of Rangoli International is at 9H Hansalya Building 15 Barakhamba Road, New Delhi, Delhi, India – 110001.
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