
Ras Turbo Private Limited
About Ras Turbo Private Limited
Data last updated:
Ras Turbo Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Ras Tek Private Limited. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 10 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29113MH2001PTC134178. Its GSTIN is 27AABCR9186Q1ZE (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ras Turboned Private Limited. It is led by directors including Satish Joshi and Srikanta Sudhirchandra Parui.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹33,750, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹7.58 Lakh and EBITDA of -₹7.58 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 1% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹70 Lakh on record. Court records list 7 cases involving the company, including 7 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ras Turbo Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA – 585 T.T.C. Industrial Area, Mahape M.I.D.C, Thane, Maharashtra, India – 400710
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of Ras Turbo 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 Ras Turbo Private Limited
FY 2024 filings availableRas Turbo Private Limited reported revenue of ₹33,750 (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 208% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹7.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.58 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Ras Turbo Private Limited, buy the company report.
Board of directors of Ras Turbo Private Limited
Ras Turbo has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Joshi Also directs: Ras Tek Private Limited | Director | 10 Dec 2001 | 24 Years 10 Months | Current |
| Srikanta Sudhirchandra Parui Also directs: Ras Tek Private Limited, Jyotika Dresses Private Limited | Director | 10 Dec 2001 | 24 Years 10 Months | Current |
| Ajaykumar Jugal Sapra Also directs: Ras Tek Private Limited, Jyotika Dresses Private Limited | Director | 10 Dec 2001 | 24 Years 10 Months | Current |
| Gaurav Srikanta Parui Also directs: Ras Tek Private Limited | Director | 07 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Ras Turbo Private Limited is audited by R R RANADE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R RANADE & CO | FY 2023 | 108614W |
Shareholding
The shareholding of Ras Turbo Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ras Turbo Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2007 | 10065899 | The Thane Janata Sahakari Bank Ltd | ₹20 Lakh | Open | |
| 13 Apr 2006 | 10005127 | The Thane Janta Sahakari Bank Limited | ₹50 Lakh | Open |
To see the full charge records of Ras Turbo Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ras Turbo Private Limited has 7 court cases on record: 7 filed by Ras Turbo. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against individuals | Disposed |
To see the full case history of Ras Turbo 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 Ras Turbo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ras Turbo has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Jyotika Dresses Private Limited | U18101DL2005PTC133417 |
To see the full group structure of Ras Turbo Private Limited, buy the company report.
GST
Ras Turbo has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR9186Q1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ras Turbo Private Limited, buy the company report.
Recent activity
Ras Turbo Private Limited has 6 board changes on record since 2001: 5 appointments and 1 cessation. The latest: Gaurav Srikanta Parui was appointed as Director on 07 Mar 2022.
Frequently asked questions
Ras Turbo is an active private limited company based in Thane, Maharashtra, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 10 December 2001 (25+ years old) and is registered under CIN U29113MH2001PTC134178.
Ras Turbo has 4 current directors:
- Satish Joshi - Director
- Srikanta Sudhirchandra Parui - Director
- Ajaykumar Jugal Sapra - Director
- Gaurav Srikanta Parui - Director
The latest financial statements of Ras Turbo on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ras Turbo is 27AABCR9186Q1ZE, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ras Turbo is U29113MH2001PTC134178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ras Turbo has 7 court cases on record: 7 filed by the company.
Ras Turbo was incorporated on 10 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Gaurav Srikanta Parui was appointed as Director on 07 Mar 2022. Rehan Marzban Karanjia ceased to be Director on 10 May 2018. Ajaykumar Jugal Sapra was appointed as Director on 10 Dec 2001. Ras Turbo has 6 board changes on record in total.
The registered office of Ras Turbo is at A – 585 T.T.C. Industrial Area, Mahape M.I.D.C, Thane, Maharashtra, India – 400710.
Ras Turbo operates in the machinery and equipment industry, in the heavy engineering and manufacturing segment.