Ratan Glitter Industries Limited

Textile manufacturer specializing in metallic yarn, glitter powder, ribbon, fabrics, silver yarn, and sequins.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: April 10, 2022

Ratan Glitter Industries Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.48 M
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 40.64 Cr
  • Satisfied Charges ₹ 8.00 M
  • Revenue Growth 266.48%
  • Profit Growth 99.51%
  • Ebitda 100.15%
  • Net Worth -0.27%
  • Total Assets -1.18%

About Ratan Glitter Industries

Ratan Glitter Industries Limited (RGIL) is a Public Limited Indian Non-Government Company incorporated in India on 07 June 1985 and has a history of 39 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 2.48 M.

The company currently has active open charges totaling ₹40.64 Cr. The company has closed loans amounting to ₹8.00 M, as per Ministry of Corporate Affairs (MCA) records.

Paresh Shah, Nimisha Shah, and Devadoss Chettiar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L50100MH1985PLC036520

  • Company No.

    036520

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 1985

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc-Mumbai

Industry

Manufacturing

What products or services does Ratan Glitter Industries Limited offer?

Ratan Glitter Industries Limited offers a wide range of products and services, including Dyes & Color Additives, Metal Complex Pigments, Yarns & Threads, Fancy Yarn, Organic Pigment, Sequins, Organic and Inorganic Solvents, Alcohol Solvents, Natural Fiber Yarns, Metallic Yarn.

Who are the key members and board of directors at Ratan Glitter Industries?

Board Members (3)

Name Designation Appointment Date Status
Nimisha Shah Country flag representing In Director 04-Apr-2007 Current
Paresh Shah Country flag representing In Director 09-Feb-2000 Current
Devadoss Chettiar Country flag representing In Director 01-Dec-2018 Current

Financial Performance of Ratan Glitter Industries.

Ratan Glitter Industries Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 266.48% increase. The company also saw a substantial improvement in profitability, with a 99.51% increase in profit. The company's net worth dipped by a decrease of 0.27%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
266.48%
Revenue from Operations
297.35%
Total Assets
-1.18%
Profit or Loss
99.51%
Net Worth
-0.27%
EBITDA
100.15%

What is the Ownership and Shareholding Structure of Ratan Glitter Industries?

In 2020, Ratan Glitter Industries had a promoter holding of 6.74% and a public holding of 93.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.64 Cr

Satisfied Charges

₹0.80 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 40.64 Cr

Latest Charge Details

Date Lender Amount Status
15 Nov 2008 Bank Of Baroda ₹19.82 Cr Open
22 Oct 2008 Bank Of Baroda ₹5.00 M Open
23 Jul 2008 Bank Of Baroda ₹5.00 M Open
24 Oct 2005 Bank Of Baroda ₹19.82 Cr Open
03 Feb 2010 West End Investment & Finance Consultancy Pvy Ltd. ₹8.00 M Satisfied

How Many Employees Work at Ratan Glitter Industries?

Ratan Glitter Industries has a workforce of 2 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ratan Glitter Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ratan Glitter Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ratan Glitter Industries

Recent activity within the organization

  • Annual General Meeting

    Ratan Glitter Industries Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Ratan Glitter Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with RoC-Mumbai.

    31 Mar 2021

  • Director Appointment

    Devadoss Mariappan Chettiar was appointed as a Director was appointed as a Director on 01 Dec 2018 & has been associated with this company since 6 years 2 months .

    01 Dec 2018

  • Charges

    A charge registered on 03 Feb 2010 via Charge ID 10200347 with West End Investment & Finance Consultancy Pvy Ltd. was fully satisfied on 14 May 2013.

    14 May 2013

  • Charges

    A charge with West End Investment & Finance Consultancy Pvy Ltd. amounted to Rs. 0.80 Cr with Charge ID 10200347 was registered on 03 Feb 2010.

    03 Feb 2010

  • Charges

    A charge with Bank Of Baroda of Rs. 19.82 Cr registered on 15 Nov 2008 with Charge ID 10134543 was modified on 01 Jan 2010.

    01 Jan 2010

Frequently asked questions

  • Ratan Glitter Industries Limited was incorporated on 07 Jun 1985.

  • The authorized share capital of Ratan Glitter Industries Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.48 M.

  • Currently 3 directors are associated with Ratan Glitter Industries Limited.

    • Paresh Shantilal Shah
    • Nimisha Paresh Shah
    • Devadoss Mariappan Chettiar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ratan Glitter Industries Limited is Gala Woodworks Compound, Opp. B.D.D. Chawl No. 114 Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Ratan Glitter Industries Limited is L50100MH1985PLC036520 and the company number is 036520 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ratan Glitter Industries Limited is https://www.ratanglitter.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Ratan Glitter Industries Limited has risen by 266.48%.

  • As Per 2020 financial reports, 2 employees are currently employed by Ratan Glitter Industries Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Ratan Glitter Industries Limited has experienced an downturn of -0.27%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Ratan Glitter Industries Limited amount to ₹ 40.64 Cr.

  • The most recent Balance Sheet for Ratan Glitter Industries Limited was filed with the ROC on 31 Mar 2021.

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