About Ravi Cranes and Movers Limited
Data last updated:
Ravi Cranes and Movers Limited is a public limited company based in Telangana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 03 July 1995.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG1995PLC020915. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.63 Cr. It is led by directors including Koneru Uma Choudry and Surender Venkannagari Rao.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No.9 Model Colony Hyderabad., Telangana, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.54 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹8.09 Lakh (net margin 1.8%) and EBITDA of ₹43.43 Lakh (EBITDA margin 9.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹318.93 Cr and satisfied charges of ₹3.14 Cr on record. Court records list 48 cases involving the company, including 8 filed by the company and 40 filed against it; 8 cases are pending.
The last known website on record is rcminfra.com.
Company details
CIN history
Ravi Cranes and Movers has one previous CIN (Corporate Identification Number): U74999AP1995PLC020915. The current CIN is U74999TG1995PLC020915, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TG1995PLC020915 | Current |
| U74999AP1995PLC020915 | Previous |
Contact details
Ravi Cranes and Movers Limited's registered office is in Telangana. Its website is rcminfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.9 Model Colony Hyderabad., Telangana, India
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ravi Cranes and Movers 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 Ravi Cranes and Movers is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Ravi Cranes and Movers Limited, buy the company report.
Financials of Ravi Cranes and Movers Limited
FY 2022 filings availableRavi Cranes and Movers Limited reported revenue of ₹4.54 Cr (up 90% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 90% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 302% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.54 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹43.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.09 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ravi Cranes and Movers Limited, buy the company report.
Board of directors of Ravi Cranes and Movers Limited
Ravi Cranes and Movers 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 |
|---|---|---|---|---|
| Koneru Uma Choudry | Director | 03 Jul 1995 | 31 Years 4 Months | As last reported |
| Surender Venkannagari Rao Also directs: Oorjita Concepts Private Limited, Infomerica (India) Pvt Ltd, Smartworkz Digital Private Limited and 1 more | Director | 18 Nov 2020 | 5 Years 11 Months | As last reported |
| Koneru Subbiah Chowdry | Director | 03 Sep 2004 | 22 Years 2 Months | As last reported |
| Sreenivasa Rao Saridana Also directs: S.S.Infrastructure Project Consultants Private Limited | Director | 18 Nov 2020 | 5 Years 11 Months | As last reported |
Auditor
Ravi Cranes and Movers Limited is audited by E. RAJESHWAR RAO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E. RAJESHWAR RAO | FY 2022 | 212900 |
Shareholding
The shareholding of Ravi Cranes and Movers Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ravi Cranes and Movers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2016 | 100025369 | Others | ₹104.75 Cr | Open | |
| 18 Nov 2013 | 10460609 | Indian Overseas Bank | ₹105 Cr | Open | |
| 09 Nov 2012 | 10388376 | Others | ₹104.75 Cr | Open | |
| 24 Apr 2007 | 10052506 | Ge Capital Transportation Financial Services Ltd | ₹40 Lakh | Open | |
| 19 Apr 2007 | 10054073 | Abn Amro Bank Nv | ₹36.05 Lakh | Open |
To see the full charge records of Ravi Cranes and Movers Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Ravi Cranes and Movers Limited has 48 court cases on record: 8 filed by Ravi Cranes and Movers, 40 filed against it. 8 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 27 | 3 |
| High courts | 17 | 12 | 5 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (MACMA) | Filed against the company by United India Insurance Company Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Ltd | Pending |
| High Court, TELANGANA | Court case (MACMA) | Filed against the company by The Chief G.M.,National Insurance Company Ltd.,And Another and 1 other | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Disposed |
| High Court, TELANGANA | Arbitration matter | Filed against the company by Nac Infrastructure Equipment Ltd | Disposed |
To see the full case history of Ravi Cranes and Movers 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 Ravi Cranes and Movers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ravi Cranes and Movers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ravi Cranes and Movers Limited, buy the company report.
Recent activity
Ravi Cranes and Movers Limited has 5 board changes on record since 1995: 4 appointments and 1 cessation. The latest: Koneru Punnaiah Choudary ceased to be Director on 19 Nov 2020.
19 earlier events are in the company report.
Frequently asked questions
Ravi Cranes and Movers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ravi Cranes and Movers is a company under insolvency, formerly operating as a public limited company based in Telangana, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 03 July 1995 and is registered under CIN U74999TG1995PLC020915. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ravi Cranes and Movers has 4 current directors:
- Koneru Uma Choudry - Director
- Surender Venkannagari Rao - Director
- Koneru Subbiah Chowdry - Director
- Sreenivasa Rao Saridana - Director
The latest financial statements of Ravi Cranes and Movers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ravi Cranes and Movers is U74999TG1995PLC020915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ravi Cranes and Movers has open charges of ₹318.93 Cr and satisfied charges of ₹3.14 Cr as per latest MCA filings.
Ravi Cranes and Movers has 48 court cases on record: 8 filed by the company and 40 filed against it. 8 are pending. Most are in the district courts.
Ravi Cranes and Movers was incorporated on 03 July 1995. It is registered with the Registrar of Companies, Hyderabad.
Koneru Punnaiah Choudary ceased to be Director on 19 Nov 2020. Sreenivasa Rao Saridana was appointed as Director on 18 Nov 2020. Surender Venkannagari Rao was appointed as Director on 18 Nov 2020. Ravi Cranes and Movers has 5 board changes on record in total.
Ravi Cranes and Movers can be reached through the website rcminfra.com. Its registered office is in Telangana, India.
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