Ratnakar India Limited

Produces agro chemicals and pesticides.

2018 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 08, 2024

Ratnakar India Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.84 Cr
  • Satisfied Charges ₹ 2.89 Cr
  • Revenue Growth 124.42%
  • Profit Growth 132.61%
  • Ebitda 150.09%
  • Net Worth 46.24%
  • Total Assets 122.75%

About Ratnakar India

Ratnakar India Limited (RIL) is a Public Limited Indian Non-Government Company incorporated in India on 11 December 2018 (Six years and one month 21 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Ratnakar India Private Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹30.84 Cr. The company has closed loans amounting to ₹2.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashishbhai Joshi, Niruben Joshi, and Ashishkumar Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24299GJ2018PLC105558

  • Company No.

    105558

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture

What products or services does Ratnakar India Limited offer?

Ratnakar India Limited offers a wide range of products and services, including Insecticides and Pesticides, Herbicides, Termiticide, Insecticides, Non Selective Herbicide, Selective Herbicide.

Who are the key members and board of directors at Ratnakar India?

Board Members (3)

Name Designation Appointment Date Status
Ashishbhai Joshi Country flag representing In Director 11-Dec-2018 Current
Niruben Joshi Country flag representing In Additional Director 11-Jul-2023 Current
Ashishkumar Shah Country flag representing In Additional Director 09-Jan-2024 Current

Financial Performance of Ratnakar India.

Ratnakar India Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 124.42% increase. The company also saw a substantial improvement in profitability, with a 132.61% increase in profit. The company's net worth Soared by an impressive increase of 46.24%.

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
124.42%
Revenue from Operations
124.06%
Total Assets
122.75%
Profit or Loss
132.61%
Net Worth
46.24%
EBITDA
150.09%

What is the Ownership and Shareholding Structure of Ratnakar India?

In 2021, Ratnakar India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.84 Cr

Satisfied Charges

₹2.89 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.18 Cr
  • Sidbi : 0.66 Cr

Latest Charge Details

Date Lender Amount Status
29 Aug 2024 Hdfc Bank Limited ₹30.00 Cr Open
03 May 2024 Sidbi ₹6.60 M Open
28 Apr 2023 Hdfc Bank Limited ₹0.93 M Open
12 May 2022 Hdfc Bank Limited ₹0.85 M Open
11 Mar 2020 The South Indian Bank Limited ₹2.89 Cr Satisfied

How Many Employees Work at Ratnakar India?

Ratnakar India has a workforce of 77 employees as of Apr 10, 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 Ratnakar India, 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 Ratnakar India'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 Ratnakar India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100971015 was registered on 29 Aug 2024.

    29 Aug 2024

  • Charges

    A charge with Sidbi amounted to Rs. 0.66 Cr with Charge ID 100913907 was registered on 03 May 2024.

    03 May 2024

  • Director Appointment

    Ashishkumar Dineshbhai Shah was appointed as a Additional Director was appointed as a Additional Director on 09 Jan 2024 & has been associated with this company since 1 year 23 days .

    09 Jan 2024

  • Annual General Meeting

    Ratnakar India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 11 Mar 2020 via Charge ID 100339135 with The South Indian Bank Limited was fully satisfied on 04 Sep 2023.

    04 Sep 2023

  • Director Appointment

    Niruben Jitendrakumar Joshi was appointed as a Additional Director was appointed as a Additional Director on 11 Jul 2023 & has been associated with this company since 1 year 6 months .

    11 Jul 2023

Frequently asked questions

  • Ratnakar India Limited was incorporated on 11 Dec 2018.

  • The authorized share capital of Ratnakar India Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 3 directors are associated with Ratnakar India Limited.

    • Ashishbhai Jitendrabhai Joshi
    • Niruben Jitendrakumar Joshi
    • Ashishkumar Dineshbhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ratnakar India Limited is B/402 Sky City Arcade-B Club O7 Road Shela, Sanand India, Ahmedabad, Gujarat, 382465.

  • The corporate identification number (CIN) of Ratnakar India Limited is U24299GJ2018PLC105558 and the company number is 105558 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ratnakar India Limited is https://www.ratnakarindia.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Ratnakar India Limited has risen by 124.42%.

  • As Per 2021 financial reports, 77 employees are currently employed by Ratnakar India Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Ratnakar India Limited has experienced an upsurge of 46.24%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Ratnakar India Limited amount to ₹ 30.84 Cr.

  • The most recent Balance Sheet for Ratnakar India Limited was filed with the ROC on 31 Mar 2023.

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