About Rave Scans Private Limited
Data last updated:
Rave Scans Private Limited was a private limited company based in Delhi, 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 commercial printing services segment of the media and publishing sector. It was incorporated on 27 March 2002.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U22190DL2002PTC114722. Its GSTIN is 07AACCR3119A1ZZ (Delhi). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹14 Cr and a paid-up capital of ₹14 Cr. It was led by directors Rahul Jain and Rohit Jain.
Its last annual general meeting (AGM) was held on 10 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 4323/3 Ansari Road Daryaganj New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2020, the company reported a revenue of ₹67.21 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹4.07 Cr (net margin 6.1%) and EBITDA of ₹9.81 Cr (EBITDA margin 14.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 15% over five years.
The company had about 275 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹232.8 Cr on record. Court records list 94 cases involving the company, including 24 filed by the company and 70 filed against it; 26 cases are pending.
The last known website on record is raveindiapress.com.
Company details
Contact details
Rave Scans Private Limited's registered office is in Delhi, Delhi. Its website is raveindiapress.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4323/3 Ansari Road Daryaganj New Delhi, Delhi, India – 110002
- IndustryMedia and Publishing, Commercial Printing Services
To see the full contact details of Rave Scans 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 Rave Scans is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Rave Scans Private Limited, buy the company report.
Financials of Rave Scans Private Limited
FY 2020 filings availableRave Scans Private Limited reported revenue of ₹67.21 Cr (down 27% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 27% fall in the latest year. EBITDA fell 82% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹67.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.07 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 6.1% | ||||
| 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 Rave Scans Private Limited, buy the company report.
Board of directors of Rave Scans Private Limited
Rave Scans has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Jain Also directs: VK Global Industries Limited, VK Global Digital Private Limited, Future Kids Publications Private Limited and 1 more | Director | 20 Oct 2018 | 8 Years 0 Months | As last reported |
| Rohit Jain Also directs: VK Global Industries Limited, VK Global Digital Private Limited, Future Kids Publications Private Limited and 2 more | Director | 20 Oct 2018 | 8 Years 0 Months | As last reported |
Auditor
Rave Scans Private Limited is audited by JAIN JAIN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN JAIN & ASSOCIATES | FY 2020 | 009094N |
Shareholding
The shareholding of Rave Scans Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rave Scans Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2016 | 100033888 | Others | ₹3.9 Cr | Satisfied | |
| 22 Dec 2015 | 10608670 | Punjab National Bank | ₹5 Cr | Satisfied | |
| 24 Sep 2015 | 10601371 | Indian Overseas Bank | ₹6 Cr | Satisfied | |
| 02 Jun 2015 | 10582946 | Hero Fincorp Limited | ₹4.25 Cr | Satisfied | |
| 28 May 2015 | 10576416 | Religare Finvest Limited | ₹7.07 Cr | Satisfied |
To see the full charge records of Rave Scans Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Rave Scans Private Limited has 94 court cases on record: 24 filed by Rave Scans, 70 filed against it. 26 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 80 | 57 | 20 |
| NCLAT | 6 | 6 | 5 |
| High courts | 5 | 4 | 1 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 94)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Cap Float Financial Services Pvt. Ltd. | Pending |
| District court, North West, Delhi | Criminal case | Filed against the company by Rishikesh Buildcon Private Ltd. | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Hero Fincorp Ltd. Through Directors 34, Community Centre, Basant Lok, Vasant Vihar ,New Delhi , Delhi | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Capital First Ltd. | Disposed |
To see the full case history of Rave Scans 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 Rave Scans Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rave Scans has 2 associated companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
Employees & EPFO
Rave Scans Private Limited has a workforce of 275 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Rave Scans has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCR3119A1ZZ | Delhi | Active | 01 Jul 2017 |
| 06AACCR3119A1Z1 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rave Scans Private Limited, buy the company report.
Recent activity
Rave Scans Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Vimla Kumari Jain ceased to be Additional Director on 10 Oct 2020.
43 earlier events are in the company report.
Frequently asked questions
Rave Scans 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.
Rave Scans was a private limited company based in Delhi, India. The company worked in commercial printing services, within the media and publishing industry. It was incorporated on 27 March 2002 and is registered under CIN U22190DL2002PTC114722. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rave Scans was incorporated on 27 March 2002. It is registered with the Registrar of Companies, Delhi.
Rave Scans had 2 directors:
- Rahul Jain - Director
- Rohit Jain - Director
The CIN (Corporate Identification Number) of Rave Scans is U22190DL2002PTC114722. 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 Rave Scans is at 43233 Ansari Road Daryaganj New Delhi, Delhi, India – 110002.
Rave Scans can be reached through the website raveindiapress.com. Its registered office is in Delhi, India.
The latest financial statements of Rave Scans on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 10 November 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Rave Scans is 07AACCR3119A1ZZ, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCR3119A1Z1 (Haryana).
Rave Scans operated in the media and publishing industry, in the commercial printing services segment.