CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Rainbow Denim Ltd is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Rainbow Denim Ltd
Free Press Journal Marg, Nariman Point
Phone: +91 1762248810p:+91 1762248810 MOHALI, 140506  India Ticker: 532441532441
Filed for Bankruptcy on 4/12/2022
On 11/21/2019, Rainbow Denim Ltd announced the initiation of a Corporate Insolvency Resolution Process (CIRP) in the National Company Law Tribunal Chandigarh Bench, pursuant to the Insolvency and Bankruptcy Code 2016. Dharmendra Kumar Bhasin was appointed as the Resolution Professional.
On 4/12/2022, the National Company Law Tribunal, Chandigarh Bench, ordered the Liquidation of Rainbow Denim Ltd pursuant to Section 33(2) of the Insolvency and Bankruptcy Code, 2016. Dharmendra Kumar Bhasin was appointed as the Liquidator of the Company.
Business Summary
Rainbow Denim Limited is an India-based company, which is engaged in the manufacturing of denim fabrics. The Company's collection includes a range of denims in weights ranging from 4.5 to 14.5 ounces (oz) and other combinations of texture, shades and finishes. The Company's product range includes OE x OE- Basic Denim, OE x Elasthane, Ring x OE, Ring x Ring, Ring x Elasthane, Crosshatch denims, Slubby Denims, Structured (Dobby) Denims, Polyester filament weft denims, Poly Stretch fabrics, Multi-count denim fabrics, Overdyed and Tinted denims, Silky Denims, Light weight (5 oz to 6.5 oz) denims, and Doubled yarn warp denims. It offers a range of weaves, which includes broken twills and herringbone twills. The Company offers its products in various shades, such as indigo blue, super dark indigo blue, sulfur bottom indigo top shades, indigo bottom sulfur top shades and sulfur shades. It also provides various types of finishes, such as scoured finish and mercerized denims (flat finish).
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20223/31/2021Yes----

Industries
SIC Code Description
2211 Broadwoven fabric mills, cotton

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Haresh D.Ramsinghani 6/1/2017
Chief Financial Officer, Whole Time Director Satinderjit S.Arora 56 11/5/2018
Non-Executive Women Director Shefali B.Karani 12/28/2018 12/28/2018
3 additional Officers and Directors records available in full report.

Business Names
Business Name
532441
Rainbow Denim Ltd

General Information
Outstanding Shares: 13,283,700 (As of 3/31/2022)
Shareholders: 15,451
Stock Exchange: BOM
Fax Number: +91 1762248761


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Thursday, April 4, 2024