Rashmi Yarns Limited - Company Profile

It is a manufacturing public limited company based in Surat, Gujarat, India, established in 1997.
1997 Surat, Gujarat, India Under Liquidation
Last Updated:
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About Rashmi Yarns Limited

Rashmi Yarns Limited, a under liquidation public limited company, was established on 26 September 1997 in Surat, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17110GJ1997PLC033075. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹2.60 Cr.

Formerly known as Rashmi Yarns Private Limited. It upholds a compliant status. Employing 39 professional, Its leadership includes Bharati Pankaj Mehta (Director), Pankaj Jayantilal Mehta (Director), Ganesh Venkata Siva Rama Krishna Remani (Irp/Rp/Liquidator). Past directors included Mansur Jethsur Vanjar, Bharati Pankaj Mehta, Rajee Lakhabhai Vagh. It holds ₹83.80 Cr open charges and ₹68.10 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 405,Metro Tower Ring Road, Surat, Gujarat, 395002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17110GJ1997PLC033075

  • Registration Number

    033075

  • Incorporation Date

    26 September 1997

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹2.60 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.60 Cr
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 83.80 Cr
  • Satisfied Charges ₹ 68.10 Cr
  • Revenue Growth **** -88.78%
  • Profit Growth **** -3480.58%
  • Ebitda **** -428.14%
  • Net Worth -152.08%
  • Total Assets -50.18%
Company report

Rashmi Yarns Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Rashmi Yarns Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rashmi Yarns Limited?
Current Directors
Name Designation Appointment Date Status
Bharati Pankaj Mehta Director 10 Sep 2018 Current
Pankaj Jayantilal Mehta Director 26 Sep 1997 Current
Ganesh Venkata Siva Rama Krishna Remani Irp/Rp/Liquidator 10 Oct 2023 Current
Lakhabhai Bhikhabhai Vagh Managing Director 26 Sep 1997 Current
Rajee Lakhabhai Vagh Director 10 Sep 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 10 Sep 2018 Past
Pramod Abcsdd Director 20 Mar 2018 Past
Pramod Abcsdd Director 20 Mar 2018 Past
Pramod Abcsdd Additional Director 10 Feb 2018 Past
Pramod Abcsdd Additional Director 10 Feb 2018 Past

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Financial Performance of Rashmi Yarns.

Rashmi Yarns Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 88.78% decrease. The company also saw a substantial fall in profitability, with a 3480.58% decrease in profit. The company's net worth observed a substantial decline by a decrease of 152.08%.

Rashmi Yarns revenue growth over time
Rashmi Yarns profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -88.78%
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Revenue from Operations
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 -88.96%
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Total Assets
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 -50.18%
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Profit or Loss
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 -3480.58%
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Net Worth
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 -152.08%
*******
*******
*******
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EBITDA
*******
 -428.14%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Rashmi Yarns?

In 2018, Rashmi Yarns had a promoter holding of 74.51% and a public holding of 25.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹838,004,818.00

Satisfied Charges

₹680,970,000.00

Charges Breakdown by Lending Institutions
  • Others : 83.20 Cr
  • Punjab National Bank : 0.60 Cr
Latest Charge Details
Date Lender Amount Status
24 Dec 2018 Others ₹24.00 Cr Open
24 Dec 2018 Others ₹4.50 Cr Open
24 Dec 2018 Others ₹2.00 Cr Open
24 Dec 2018 Others ₹1.80 M Open
24 Dec 2018 Others ₹0.53 M Open

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How Many Employees Work at Rashmi Yarns?

Rashmi Yarns has a workforce of 39 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rashmi Yarns, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rashmi Yarns's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Rashmi Yarns
Recent Activity within the Organization
  • Director Appointment

    Ganesh Venkata Siva Rama Krishna Remani was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 10 Oct 2023 & has been associated with this company since 2 years 4 months . was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 24.00 Cr registered on 24 Dec 2018 with Charge ID 100233702 was modified on 24 Mar 2020. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 4.50 Cr registered on 24 Dec 2018 with Charge ID 100233459 was modified on 24 Mar 2020. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 2.00 Cr registered on 24 Dec 2018 with Charge ID 100233457 was modified on 24 Mar 2020. was documented.

  • Charges

    Progress on A charge with Others of Rs. 0.18 Cr registered on 24 Dec 2018 with Charge ID 100233452 was modified on 24 Mar 2020. was documented.

  • Charges

    A charge with Others of Rs. 0.05 Cr registered on 24 Dec 2018 with Charge ID 100233019 was modified on 24 Mar 2020. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Rashmi Yarns Limited?

The CIN of Rashmi Yarns Limited is U17110GJ1997PLC033075.

Where is Rashmi Yarns Limited headquartered?

Rashmi Yarns Limited is headquartered at 405,Metro Tower Ring Road, Surat, Gujarat, 395002.

When was Rashmi Yarns Limited incorporated?

Rashmi Yarns Limited was incorporated on 26 September 1997.

Who are the current directors of Rashmi Yarns Limited?

The current directors of Rashmi Yarns Limited are

What is the primary industry of Rashmi Yarns Limited?

The primary industry of Rashmi Yarns Limited is Manufacturing.

Is Rashmi Yarns Limited a listed company?

Rashmi Yarns Limited is unlisted.

What is the capital structure of Rashmi Yarns Limited?

The authorized capital of Rashmi Yarns Limited is ₹4.00 Cr, and the paid-up capital is ₹2.60 Cr.

What is the compliance status of Rashmi Yarns Limited?

The compliance status of Rashmi Yarns Limited is Compliant.

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