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Rainbow Denim Ltd.

Last Updated on ' Sun Aug 09 00:00:00 IST 2020 '
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Description
Rainbow Denim Limited aims to maintain its position as a part of the unique Indian Denim manufacturing industry, by offering products that are distinctly differentiated and in line with fashion requirements of the leading Denim garment brands, the world over. Set in the state of Punjab, our ultramodern plant uses the rope-dyeing technology and has capacity to produce 20 million meters of Denim per year. The fabric is intended for exports to the developed markets of the World and the plant adheres to the strictest international norms of technology and environment-friendly processes. To keep pace with international fashion trends, our products are engineered to meet the demands and requirements of the most demanding denim fashion brands. Denim is not only produced in different depths of blue, but in various combination shades, making Rainbow part of the select few in India with such manufacturing capabilities. The modern, integrated plant of Spinning, Dyeing, Weaving and Finishing is equipped with State-of-the-art quality control systems at all the stages of our manufacturing processs.
Sector
Electronic Manufacturing
Sub Sector
Textiles
Company Type
Listed
Type
Manufacturing
Employees
250-499 Employees
Register Address
Village Chandheri, P.O. Dappar Near Lalru Ambala Chandigarh Highway Patiala 140506
Website
www.rainbowdenim.com
Key Products/Services
Weaving, Manufacture Of Cotton And Cotton Mixture Fabrics.
Key Resources/Assets
Blow Room,Cards,Draw Frames,Open End Spinning,Speed Frames,Ring Frames,Process Coner,Ball Warper,Rope Dyeing,Weaving Machines,Inspection & Packing
Stressed Asset Details Expand All 
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No claim amount
Stressed Asset Related Documents
No Document found
Financial Information Documents
No Document found
Year Revenue (in INR Crores) Net Income (in INR Crores) Liabilities (in INR Crores) Fixed & Current Assets (in INR Crores) Current Ratio Quick Ratio RoE RoA EBITDA Margin PAT Margin
2015 21.28 mn - 11.67 mn 4.85 mn 0.6 0.4 0.19 - 1.38 -
2016 27.94 mn - 12.86 mn 4.43 mn 0.91 0.61 0.09 - 0.61 -
2017 22.89 mn - 11.41 mn 4.13 mn 0.78 0.58 0.08 - - -
Stressed Assets Timeline Mon Dec 09 00:00:00 IST 2019
Defined Date Without Date

Commencement of CIRP

Mon Dec 09 00:00:00 IST 2019Mon Dec 09 00:00:00 IST 2019
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Public Announcement by Resolution Professional

Fri Dec 13 00:00:00 IST 2019Fri Dec 13 00:00:00 IST 2019
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Claim submission

Wed Dec 25 00:00:00 IST 2019Wed Dec 25 00:00:00 IST 2019
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Invitation for Expression of Interest

Mon Mar 09 00:00:00 IST 2020Mon Mar 09 00:00:00 IST 2020
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Submission of Expression of Interest

Sun Mar 29 00:00:00 IST 2020Sun Mar 29 00:00:00 IST 2020
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Submission of Resolution Plan

Mon Apr 13 00:00:00 IST 2020Mon Apr 13 00:00:00 IST 2020
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Committee of Creditors Approval

Wed May 13 00:00:00 IST 2020Wed May 13 00:00:00 IST 2020
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Submission of Resolution Plan to NCLT

Wed May 13 00:00:00 IST 2020Wed May 13 00:00:00 IST 2020
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Approval of Resolution Plan by NCLT

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