Retail Initiative Holdings Limited

An investment company promoting capital formation and financing of industrial enterprises since 2008.

2008 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 16, 2025

Retail Initiative Holdings Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 20.55 Cr
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth %
  • Profit Growth 13.87%
  • Ebitda 13.87%
  • Net Worth -0.03%
  • Total Assets %

About Retail Initiative Holdings

Retail Initiative Holdings Limited (RIHL) is Amalgamated company established on 11 Dec 2008 with its office registered at Mumbai, Maharashtra, India and has been running since 16 Year, 2 Months with a paid up capital of 20.55 Cr. According to MCA records, 3 Directors and 3 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67110MH2008PLC188837

  • Company No.

    188837

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2008

  • Date of AGM

    15 Jul 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Retail Initiative Holdings?

Executive Team (3)

NameDesignationAppointment DateStatus
Dharmakanth Todurkar CFO28-Jul-2017Current
Sheetal Jain Country flag representing In Company Secretary29-Oct-2021Current
Mitesh Shah Country flag representing In CEO28-Apr-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Narayan Shankar Country flag representing In Director 31-Aug-2012Current
Rajkamal Agarwal Country flag representing In Director 21-Feb-2018Current
Kunal Desai Country flag representing In Director 02-May-2019Current

Financial Performance of Retail Initiative Holdings.

Retail Initiative Holdings Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 13.87% increase in profit. The company's net worth dipped by a decrease of 0.03%.

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
Revenue from Operations
Total Assets
Profit or Loss
13.87%
Net Worth
-0.03%
EBITDA
13.87%

What is the Ownership and Shareholding Structure of Retail Initiative Holdings?

In 2021, Retail Initiative Holdings had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Retail Initiative Holdings?

Unlock and access historical data on people associated with Retail Initiative Holdings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Retail Initiative Holdings, 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 Retail Initiative Holdings'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 Retail Initiative Holdings

Recent activity within the organization

  • Annual General Meeting

    Retail Initiative Holdings Limited last Annual general meeting of members was held on 15 Jul 2021 as per latest MCA records.

    15 Jul 2021

  • Balance Sheet

    Retail Initiative Holdings Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Director Appointment

    Kunal Hemant Desai was appointed as a Director was appointed as a Director on 02 May 2019 & has been associated with this company since 5 years 9 months .

    02 May 2019

  • Director Appointment

    Rajkamal Agarwal was appointed as a Director was appointed as a Director on 21 Feb 2018 & has been associated with this company since 7 years 2 days .

    21 Feb 2018

  • Director Appointment

    Dharmakanth Srikanth Todurkar was appointed as a Cfo was appointed as a Cfo on 28 Jul 2017 & has been associated with this company since 7 years 6 months .

    28 Jul 2017

  • Director Appointment

    Mitesh Prakash Shah was appointed as a Ceo was appointed as a Ceo on 28 Apr 2017 & has been associated with this company since 7 years 9 months .

    28 Apr 2017

Frequently asked questions

  • Retail Initiative Holdings Limited was incorporated on 11 Dec 2008.

  • The authorized share capital of Retail Initiative Holdings Limited is ₹ 21.00 Cr and paid-up capital is ₹ 20.55 Cr.

  • Currently 6 directors are associated with Retail Initiative Holdings Limited.

    • Narayan Shankar
    • Rajkamal Agarwal
    • Kunal Hemant Desai
    • Dharmakanth Srikanth Todurkar
    • Sheetal Jain
    • Mitesh Prakash Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Retail Initiative Holdings Limited is Mahindra Towers P.K. Kurne Chowk, Worli India, Mumbai, Maharashtra, 400018.

  • The corporate identification number (CIN) of Retail Initiative Holdings Limited is U67110MH2008PLC188837 and the company number is 188837 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of Retail Initiative Holdings Limited has experienced an downturn of -0.03%.

  • The most recent Balance Sheet for Retail Initiative Holdings Limited was filed with the ROC on 31 Mar 2021.

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