About Rangsons Schuster Technologies Private Limited
Data last updated:
Rangsons Schuster Technologies Private Limited was a private limited company based in Srirangapatna, Karnataka, 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 aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 30 August 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U29100KA2011PTC060197. Its GSTIN is 29AAFCR4493J1ZS (Karnataka).
The company had an authorised share capital of ₹7.6 Cr and a paid-up capital of ₹7.51 Cr. It was led by directors including Raju Vaman Savant and Kiran Vasu Ranga.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Srirangapatna, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.05 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹4.48 Cr (net margin -49.5%) and EBITDA of -₹2.81 Cr (EBITDA margin -31%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years.
The company had about 58 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹9 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is rangsons-schuster.com.
Company details
Contact details
Rangsons Schuster Technologies Private Limited's registered office is in Srirangapatna, Karnataka. Its website is rangsons-schuster.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 9 Hebbal II Phase KIADB Industrial Area Survey No35 Part 36 42 Pura Village Bel, Gola Hobli, Srirangapatna, Karnataka, India – 571438
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Rangsons Schuster Technologies 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 Rangsons Schuster Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Rangsons Schuster Technologies Private Limited, buy the company report.
Financials of Rangsons Schuster Technologies Private Limited
FY 2019 filings availableRangsons Schuster Technologies Private Limited reported revenue of ₹9.05 Cr (down 23% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA fell 177% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.48 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31% | ||||
| Net Profit Margin | -49.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current 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 Rangsons Schuster Technologies Private Limited, buy the company report.
Board of directors of Rangsons Schuster Technologies Private Limited
Rangsons Schuster Technologies has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Vaman Savant | Director | 05 May 2016 | 10 Years 6 Months | As last reported |
| Kiran Vasu Ranga | Director | 11 Jan 2019 | 7 Years 10 Months | As last reported |
| Arjun Murthy Ranga | Director | 30 Aug 2011 | 15 Years 2 Months | As last reported |
| Sridhar Ranga Rao Also directs: Natural and Essential Oils Private Limited, Aerosign Private Limited, Vyoda Private Limited and 1 more | Director | 11 Jan 2019 | 7 Years 10 Months | As last reported |
| Anirudh Murthy Ranga | Director | 11 Jan 2019 | 7 Years 10 Months | As last reported |
| Pavan Guru Ranga | Director | 30 Aug 2011 | 15 Years 2 Months | As last reported |
Peer comparison
Rangsons Schuster Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Aviation industry (Aircraft and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rangsons Schuster Technologies Private Limitedthis company | ₹9.05 Cr (FY 2019) | -₹4.48 Cr | -49.5% | -23.0% | 58 | Srirangapatna, Karnataka, India |
| Ducom Aerospace Technologies Private Limited | ₹8.92 Cr (FY 2025) | -45.0% | Bangalore, Karnataka, India | |||
| Yash Aerospace Private Limited | ₹8.46 Cr (FY 2024) | 278.0% | Mohali, Punjab, India | |||
| Gowra Aerospace Technologies Private Limited | ₹8.3 Cr (FY 2025) | 75.0% | Medchal, Telangana, India |
To see the full peer comparison of Rangsons Schuster Technologies Private Limited, buy the company report.
Auditor
Rangsons Schuster Technologies Private Limited is audited by B S RAVIKUMAR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S RAVIKUMAR & ASSOCIATES | FY 2019 | 006101S |
Shareholding
The shareholding of Rangsons Schuster Technologies Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rangsons Schuster Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2016 | 100057771 | Others | ₹8 Cr | Satisfied | |
| 18 Feb 2014 | 10483658 | Corporation Bank | ₹1 Cr | Satisfied |
To see the full charge records of Rangsons Schuster Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Rangsons Schuster Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Satara, Maharashtra | Civil suit | Filed against the company by Kay Bouvet Eng.Ltd.Throu Anilkumar Govind Bidkar | Disposed |
To see the full case history of Rangsons Schuster Technologies 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 Rangsons Schuster Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rangsons Schuster Technologies Private Limited has a workforce of 58 employees on its EPFO records as of Nov 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 58 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Rangsons Schuster Technologies Private Limited, buy the company report.
GST
Rangsons Schuster Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCR4493J1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rangsons Schuster Technologies Private Limited, buy the company report.
Recent activity
Rangsons Schuster Technologies Private Limited has 13 board changes on record since 2011: 8 appointments and 5 cessations. The latest: Harsha Basavaraju was appointed as Additional Director on 19 Dec 2019.
9 earlier events are in the company report.
Frequently asked questions
Rangsons Schuster Technologies 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.
Rangsons Schuster Technologies was a private limited company based in Srirangapatna, Karnataka, India. The company worked in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 30 August 2011 and is registered under CIN U29100KA2011PTC060197. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rangsons Schuster Technologies was incorporated on 30 August 2011. It is registered with the Registrar of Companies, Bangalore.
Rangsons Schuster Technologies had 8 directors:
- Raju Vaman Savant - Director
- Kiran Vasu Ranga - Director
- Arjun Murthy Ranga - Director
- Sridhar Ranga Rao - Director
- Anirudh Murthy Ranga - Director
- Pavan Guru Ranga - Director
- Vishnu Das Vasu Ranga - Director
- Harsha Basavaraju - Additional Director
The CIN (Corporate Identification Number) of Rangsons Schuster Technologies is U29100KA2011PTC060197. 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 Rangsons Schuster Technologies is at Plot No 9 Hebbal II Phase KIADB Industrial Area Survey No35 Part 36 42 Pura Village Bel, Gola Hobli, Srirangapatna, Karnataka, India – 571438.
Rangsons Schuster Technologies can be reached through the website rangsons-schuster.com. Its registered office is in Srirangapatna, Karnataka, India.
The latest financial statements of Rangsons Schuster Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Rangsons Schuster Technologies is 29AAFCR4493J1ZS, registered in Karnataka.
Rangsons Schuster Technologies operated in the transport and logistics industry, in the aircraft and component manufacturing segment.
The peers of Rangsons Schuster Technologies by revenue are Ducom Aerospace Technologies Private Limited, Yash Aerospace Private Limited, Gowra Aerospace Technologies Private Limited, all in the Aviation industry (Aircraft and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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