Rsa Mining & Equipment Private Limited
About Rsa Mining & Equipment Private Limited
Data last updated:
Rsa Mining & Equipment Private Limited is a private limited company based in Chennai, Tamil Nadu, 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 equipment leasing and financing segment of the financial services sector. It was incorporated on 07 April 2011.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U10300TN2011PTC080053. Its GSTIN is 33AAFCR2316C1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Revathi Raghunathan (Irp/Rp/Liquidator) and Subramanian Radhakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.18 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹29.88 Lakh (net margin -5.8%) and EBITDA of ₹58.61 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.4 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Company details
Contact details
Rsa Mining & Equipment Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressE5 – 239 Parameshwaran Vihar Old No. 28 New No.67 Arcot Road Salig, Ramam, Chennai, Tamil Nadu, India – 600093
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Rsa Mining & Equipment 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 Rsa Mining & Equipment is mining and quarrying. In detail, this covers mining support services activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B5 | Mining Support Services activities |
To see the full business activity and turnover split of Rsa Mining & Equipment Private Limited, buy the company report.
Financials of Rsa Mining & Equipment Private Limited
FY 2019 filings availableRsa Mining & Equipment Private Limited reported revenue of ₹5.18 Cr (down 25% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 11% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹58.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.88 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | -5.8% | ||||
| 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 Rsa Mining & Equipment Private Limited, buy the company report.
Board of directors of Rsa Mining & Equipment Private Limited
Rsa Mining & Equipment has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Revathi Raghunathan Also directs: A Raghunathan & Co LLP, W.S. Industries (India) Limited, Veranda Learning Solutions Limited and 5 more | Irp/Rp/Liquidator | 01 Sep 2023 | 3 Years 1 Months | As last reported |
| Subramanian Radhakrishnan | Director | 07 Apr 2011 | 15 Years 6 Months | As last reported |
| Sripriya Krishnamoorthy | Director | 07 Apr 2011 | 15 Years 6 Months | As last reported |
Auditor
Rsa Mining & Equipment Private Limited is audited by N BALASUBRAMANIAN ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N BALASUBRAMANIAN ASSOCIATES | FY 2019 | 000355S |
Shareholding
The shareholding of Rsa Mining & Equipment Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rsa Mining & Equipment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2015 | 10600349 | Indusind Bank | ₹1.17 Cr | Open | |
| 25 Jul 2014 | 10536209 | L & T Finance Limited | ₹35 Lakh | Open | |
| 05 Mar 2013 | 10410856 | L & T Finance Limited | ₹23.6 Lakh | Open | |
| 17 Jan 2013 | 10410850 | L & T Finance Limited | ₹15.18 Lakh | Open | |
| 30 Sep 2012 | 10385196 | Tata Capital Financial Services Limited | ₹24.27 Lakh | Open |
To see the full charge records of Rsa Mining & Equipment Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Rsa Mining & Equipment Private Limited has 4 court cases on record: 2 filed by Rsa Mining & Equipment, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Insolvency matter | Filed against the company by Rothe Erde India Private Limited | Disposed |
| NCLT, Chennai | Insolvency matter | Filed by the company against individuals | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, KALABURAGI, Karnataka | Criminal complaint | Filed against the company by State Represented by the L E O Central Govt of India Ministry of Labour No 320 Sedam | Disposed |
To see the full case history of Rsa Mining & Equipment 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 Rsa Mining & Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rsa Mining & Equipment Private Limited has a workforce of 7 employees on its EPFO records as of Mar 20, 2024, across 1 active EPFO establishment.
GST
Rsa Mining & Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCR2316C1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rsa Mining & Equipment Private Limited, buy the company report.
Recent activity
Rsa Mining & Equipment Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Revathi Raghunathan was appointed as Irp/Rp/Liquidator on 01 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Rsa Mining & Equipment 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.
Rsa Mining & Equipment is a company under insolvency, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 07 April 2011 and is registered under CIN U10300TN2011PTC080053. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rsa Mining & Equipment has 3 current directors:
- Subramanian Radhakrishnan - Director
- Sripriya Krishnamoorthy - Director
- Revathi Raghunathan - Irp/Rp/Liquidator
The latest financial statements of Rsa Mining & Equipment on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rsa Mining & Equipment is U10300TN2011PTC080053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rsa Mining & Equipment has open charges of ₹3.4 Cr and no satisfied charges on record as per latest MCA filings.
Rsa Mining & Equipment has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Rsa Mining & Equipment was incorporated on 07 April 2011. It is registered with the Registrar of Companies, Chennai.
Revathi Raghunathan was appointed as Irp/Rp/Liquidator on 01 Sep 2023. Sripriya Krishnamoorthy was appointed as Director on 07 Apr 2011. Subramanian Radhakrishnan was appointed as Director on 07 Apr 2011.
The registered office of Rsa Mining & Equipment is at E5 – 239 Parameshwaran Vihar Old No. 28 New No.67 Arcot Road Salig, Ramam, Chennai, Tamil Nadu, India – 600093.