About Rave Gears India Limited
Data last updated:
Rave Gears India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 15 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34100MH2017PLC294855. Its GSTIN is 27AAICR2916F1ZE (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors including Vipin Naginlal Jain and Vishnu P Patel.
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 7 Floor – Grd Plot – 147 7/7A Shree Ram Estate Tokersey Jivraj Road Sewree, Mumbai, Maharashtra, India – 400015.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.96 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net loss of ₹4 Cr (net margin -8.5%) and EBITDA of ₹97.42 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 822% over three years.
As per MCA filings, the company has open charges of ₹2.17 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ravegears.com.
Company details
CIN history
Rave Gears India has one previous CIN (Corporate Identification Number): U36999MH2017PLC294855. The current CIN is U34100MH2017PLC294855, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34100MH2017PLC294855 | Current |
| U36999MH2017PLC294855 | Previous |
Contact details
Rave Gears India Limited's registered office is in Mumbai, Maharashtra. Its website is ravegears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7 Floor – Grd Plot – 147 7/7A Shree Ram Estate Tokersey Jivraj Road Sewree, Mumbai, Maharashtra, India – 400015
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Rave Gears India 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 Rave Gears India is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Rave Gears India Limited, buy the company report.
Financials of Rave Gears India Limited
FY 2024 filings availableRave Gears India Limited reported revenue of ₹46.96 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 822% over three years, including 32% growth in the latest year. EBITDA fell 54% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹97.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | -8.5% | ||||
| 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 Rave Gears India Limited, buy the company report.
Board of directors of Rave Gears India Limited
Rave Gears India has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Naginlal Jain Also directs: Blueskyways Realty LLP | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
| Vishnu P Patel Also directs: Dilvish Realties Private Limited | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
| Nimish Shashikant Mehta Also directs: Skanda Aerospace Technology Private Limited | Director | 15 May 2017 | 9 Years 5 Months | Current |
| Dilip Punambhai Patel Also directs: Dilvish Realties Private Limited, Tejayan International LLP | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
Auditor
Rave Gears India Limited is audited by ANSH AND CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANSH AND CO. | FY 2022 | 0130307W |
Shareholding
The shareholding of Rave Gears India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rave Gears India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2023 | 100747473 | Axis Bank Limited | ₹2.17 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Rave Gears India Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rave Gears India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rave Gears India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICR2916F1ZE | Maharashtra | Active | 29 Sep 2017 |
To see the full GST registrations and return filing status of Rave Gears India Limited, buy the company report.
Recent activity
Rave Gears India Limited has 9 board changes on record since 2017: 4 appointments and 5 cessations. The latest: Dilip Punambhai Patel ceased to be Additional Director on 29 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Rave Gears India is an active public limited company based in Mumbai, Maharashtra, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 15 May 2017 (9+ years old) and is registered under CIN U34100MH2017PLC294855.
Rave Gears India has 4 current directors:
- Vipin Naginlal Jain - Director
- Vishnu P Patel - Director
- Nimish Shashikant Mehta - Director
- Dilip Punambhai Patel - Director
The latest financial statements of Rave Gears India 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 FY 2018 are in the company report.
The GSTIN of Rave Gears India is 27AAICR2916F1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rave Gears India is U34100MH2017PLC294855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rave Gears India was incorporated on 15 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Dilip Punambhai Patel ceased to be Additional Director on 29 Sep 2022. Vipin Naginlal Jain ceased to be Additional Director on 29 Sep 2022. Vishnu P Patel ceased to be Additional Director on 29 Sep 2022. Rave Gears India has 9 board changes on record in total.
Rave Gears India can be reached through the website ravegears.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Rave Gears India is at 7 Floor – Grd Plot – 147 77A Shree Ram Estate Tokersey Jivraj Road Sewree, Mumbai, Maharashtra, India – 400015.
Rave Gears India operates in the transport and logistics industry, in the aircraft and component manufacturing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
