About Rishabhdev Technocable Limited
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Rishabhdev Technocable Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 24 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L31300MH1994PLC083244. The company has 4 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹26.69 Cr. It is led by directors including Sunil Bhanwarlal Golchha (Managing Director) and Amalaprasad Parasnath Mishra.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹73.8 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹45.21 Cr (net margin -61.3%) and EBITDA of -₹35.39 Cr (EBITDA margin -48%).
The company is associated with 1 brand: Rishabhdev Technocable. As per MCA filings, the company has open charges of ₹53.13 Cr and satisfied charges of ₹30 Lakh on record. Court records list 19 cases involving the company, including 6 filed by the company and 13 filed against it; 1 case is pending. The company has 59 deals on record (57 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹25.79 Cr; the latest was in November 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website rtclcables.com.
Company details
CIN history
Rishabhdev Technocable has one previous CIN (Corporate Identification Number): U31300MH1994PLC083244. The current CIN is L31300MH1994PLC083244, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31300MH1994PLC083244 | Current |
| U31300MH1994PLC083244 | Previous |
Contact details
Rishabhdev Technocable Limited's registered office is in Mumbai, Maharashtra. Its website is rtclcables.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 53 1st Floor Jagat Satguru Industrial Estate Vishveshwar Nagar Road Goregaon(, East), Mumbai, Maharashtra, India – 400063
- IndustryManufacturing, Cable & Wire
To see the full contact details of Rishabhdev Technocable 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
Rishabhdev Technocable operates one associated brand: Rishabhdev Technocable. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of industrial control cables, Hi- Tech- data cables, and process control instrument signal cables | rtclcables.com |
Financials of Rishabhdev Technocable Limited
FY 2015 filings availableRishabhdev Technocable Limited reported revenue of ₹73.8 Cr (down 36% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹73.8 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹35.39 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹45.21 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -48% |
| Net Profit Margin | -61.3% |
| 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 Rishabhdev Technocable Limited, buy the company report.
Board of directors of Rishabhdev Technocable Limited
Rishabhdev Technocable has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Bhanwarlal Golchha | Managing Director | 01 Oct 1998 | 28 Years 0 Months | Current |
| Sonali Ashwinkumar Vedpathak | Additional Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Amalaprasad Parasnath Mishra | Director | 13 Dec 2005 | 20 Years 10 Months | Current |
| Umashankar Manikrao Singh | Director | 05 Mar 2010 | 16 Years 7 Months | Current |
Auditor
Rishabhdev Technocable Limited is audited by D M K H & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D M K H & CO | FY 2015 | 116886W |
Shareholding
The shareholding of Rishabhdev Technocable Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rishabhdev Technocable Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2012 | 10379018 | Bank of Maharashtra | ₹10 Cr | Open | |
| 05 Dec 2011 | 10325960 | State Bank of Bikaner and Jaipur | ₹10 Cr | Open | |
| 14 Sep 2009 | 10361531 | Idbi Bank Limited | ₹10 Cr | Open | |
| 20 Nov 2007 | 10084828 | Idbi Limited | ₹13.39 Lakh | Open | |
| 20 Apr 2007 | 10053037 | Idbi Limited | ₹1 Cr | Open |
To see the full charge records of Rishabhdev Technocable Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Rishabhdev Technocable Limited has 59 deals on record (57 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹25.79 Cr; the latest was in November 2016.
Deals on record (5 of 59)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2014 | Market trade | ₹10.5 Lakh | Buyer: Green Venture Securities Management Private Limited Seller: an individual |
| Oct 2014 | Market trade | ₹9.9 Lakh | Buyer: Green Venture Securities Management Private Limited Seller: an individual |
| Apr 2010 | Market trade | ₹85.1 Lakh | Buyer: Saakshi Shares Private Limited , an individual Seller: Fort Share Broking Pvt Ltd , Saakshi Shares Private Limited , an individual |
| Apr 2010 | Market trade | ₹1.18 Cr | Buyer: Saakshi Shares Private Limited , 3 individuals Seller: Saakshi Shares Private Limited , Saffron Finance Limited , 2 individuals |
| Apr 2010 | Market trade | ₹59.9 Lakh | Buyer: 2 individuals Seller: Saakshi Shares Private Limited , 2 individuals |
To see the full deal history of Rishabhdev Technocable Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rishabhdev Technocable Limited has 19 court cases on record: 6 filed by Rishabhdev Technocable, 13 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 5 | 0 |
| District courts | 8 | 8 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Arbitration matter | Filed against the company by BMW India Financial Services Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed against the company by Komet Wire Industries Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Nova Petrochemicals Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Nova Petrochemicals Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against Nova Petrochemicals Ltd. | Disposed |
To see the full case history of Rishabhdev Technocable 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 Rishabhdev Technocable Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rishabhdev Technocable has 4 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 Rishabhdev Technocable Limited, buy the company report.
Recent activity
Rishabhdev Technocable Limited has 18 board changes on record since 1998: 11 appointments and 7 cessations. The latest: Umashankar Manikrao Singh ceased to be Director on 16 Jun 2018.
21 earlier events are in the company report.
Frequently asked questions
Rishabhdev Technocable is an active public limited company based in Mumbai, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 24 November 1994 (32+ years old) and is registered under CIN L31300MH1994PLC083244.
Rishabhdev Technocable has 4 current directors:
- Sunil Bhanwarlal Golchha - Managing Director
- Sonali Ashwinkumar Vedpathak - Additional Director
- Amalaprasad Parasnath Mishra - Director
- Umashankar Manikrao Singh - Director
The latest financial statements of Rishabhdev Technocable on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Rishabhdev Technocable has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rishabhdev Technocable is L31300MH1994PLC083244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishabhdev Technocable is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Rishabhdev Technocable has 19 court cases on record: 6 filed by the company and 13 filed against it. 1 is pending. Most are in the high courts.
Rishabhdev Technocable was incorporated on 24 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Rishabhdev Technocable has 59 deals on record (57 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹25.79 Cr; the latest was in November 2016.
Umashankar Manikrao Singh ceased to be Director on 16 Jun 2018. Sonali Ashwinkumar Vedpathak was appointed as Additional Director on 31 Mar 2015. Shailendra Awasthi was appointed as CFO on 26 May 2014. Rishabhdev Technocable has 18 board changes on record in total.