- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0006495

About Rheotech Foundry Private Limited
Data last updated:
Rheotech Foundry Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 21 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28990KA2019PTC121755. Its GSTIN is 29AAJCR4432P1ZP (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Thangamari and Gobinath Thanka Pandi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No 17G Block A KIADB Industrial Area Chokkanahalli Village Hosakote, Bengaluru, Karnataka, India – 562114.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.64 Lakh (net margin 1.9%) and EBITDA of ₹30.26 Lakh (EBITDA margin 8.9%).
The company is associated with 1 brand: Rheotech Foundry. As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 4 cases are pending.
Rheotech Foundry Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0006495). For more details, the company can be reached via its website rheotechfoundry.com.
Company details
Recognitions & Rankings of Rheotech Foundry
Contact details
Rheotech Foundry Private Limited's registered office is in Bengaluru, Karnataka. Its website is rheotechfoundry.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 17G Block A KIADB Industrial Area Chokkanahalli Village Hosakote, Bengaluru, Karnataka, India – 562114
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Rheotech Foundry 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
Brands
Rheotech Foundry operates one associated brand: Rheotech Foundry. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aluminum and magnesium die-casting products are manufactured and supplied. | rheotechfoundry.com |
Business activity
The main business activity of Rheotech Foundry is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Rheotech Foundry Private Limited, buy the company report.
Financials of Rheotech Foundry Private Limited
FY 2021 filings availableRheotech Foundry Private Limited reported revenue of ₹3.42 Cr (up 222% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 222% in the latest year. EBITDA rose 187% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹3.42 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹30.26 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6.64 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 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.9% | ||
| Net Profit Margin | 1.9% | ||
| 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 Rheotech Foundry Private Limited, buy the company report.
Board of directors of Rheotech Foundry Private Limited
Rheotech Foundry has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thangamari | Director | 21 Feb 2019 | 7 Years 8 Months | Current |
| Gobinath Thanka Pandi | Director | 21 Feb 2019 | 7 Years 8 Months | Current |
| Muthiaiah Balasubramaniam Also directs: Aydton Partners LLP, Av Port Management and Mining LLP, Stumps Retail Private Limited and 2 more | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
| Chitra Balasubramaniam | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Rheotech Foundry Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Micro Metals Pvt Ltd | ₹3.43 Cr (FY 2025) | -18.0% | Howrah, West Bengal, India | |||
| Rheotech Foundry Private Limitedthis company | ₹3.42 Cr (FY 2021) | ₹6.64 Lakh | 1.9% | 222.0% | Bengaluru, Karnataka, India | |
| Prime Scaf Industries Limited. | ₹3.41 Cr (FY 2016) | 41.0% | Derabassi, Punjab, India | |||
| HPG Metals India Private Limited | ₹3.41 Cr (FY 2024) | 52.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rheotech Foundry Private Limited, buy the company report.
Auditor
Rheotech Foundry Private Limited is audited by SRUJAN AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRUJAN AND CO | FY 2021 | 018504S |
Shareholding
The shareholding of Rheotech Foundry Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rheotech Foundry Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2021 | 100470440 | Others | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Rheotech Foundry Private Limited has 16 court cases on record: 1 filed by Rheotech Foundry, 15 filed against it. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 4 |
| High courts | 5 | 4 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Origa Markets Private Limited Through Its Authorized Representative Shrirang Tambe | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by Yes Bank Ltd | Disposed |
To see the full case history of Rheotech Foundry 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 Rheotech Foundry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rheotech Foundry Private Limited has 1 active EPFO establishment as of Mar 21, 2024.
GST
Rheotech Foundry has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCR4432P1ZP | Karnataka | Active | 25 Dec 2019 |
| 33AAJCR4432P1Z0 | Tamil Nadu | Active | 01 Apr 2019 |
To see the full GST registrations and return filing status of Rheotech Foundry Private Limited, buy the company report.
Recent activity
Rheotech Foundry Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Chitra Balasubramaniam was appointed as Director on 01 Oct 2021.
Frequently asked questions
Rheotech Foundry is an active private limited company based in Bengaluru, Karnataka, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 21 February 2019 (7+ years old) and is registered under CIN U28990KA2019PTC121755.
Rheotech Foundry has 4 current directors:
- Thangamari - Director
- Gobinath Thanka Pandi - Director
- Muthiaiah Balasubramaniam - Director
- Chitra Balasubramaniam - Director
The latest financial statements of Rheotech Foundry on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Rheotech Foundry is 29AAJCR4432P1ZP, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAJCR4432P1Z0 (Tamil Nadu).
The CIN (Corporate Identification Number) of Rheotech Foundry is U28990KA2019PTC121755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rheotech Foundry has 16 court cases on record: 1 filed by the company and 15 filed against it. 4 are pending. Most are in the district courts.
Rheotech Foundry was incorporated on 21 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rheotech Foundry by revenue are Micro Metals Pvt Ltd, Prime Scaf Industries Limited, HPG Metals India Private Limited, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Chitra Balasubramaniam was appointed as Director on 01 Oct 2021. Muthiaiah Balasubramaniam was appointed as Director on 01 Oct 2021. Gobinath Thanka Pandi was appointed as Director on 21 Feb 2019. Rheotech Foundry has 4 board changes on record in total.
Yes, Rheotech Foundry is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0006495).
Rheotech Foundry can be reached through the website rheotechfoundry.com. Its registered office is in Bengaluru, Karnataka, India.