Rhythm Knit India Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
- Paid Up Capital ₹ 6.01 Cr
- Company Age 14 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 47.72 Cr
- Satisfied Charges ₹ 2.60 Cr
- Revenue Growth 34.84%
- Profit Growth 23.49%
- Ebitda -21.23%
- Net Worth 17.29%
- Total Assets -3.94%
About Rhythm Knit India
Rhythm Knit India Private Limited (RKIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 2010 and has a history of 14 years and ten months. Its registered office is in Erode, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 6.01 Cr.
The company currently has active open charges totaling ₹47.72 Cr. The company has closed loans amounting to ₹2.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Saminathan, Nataraj Sivagami, Lakshmi Muthukumaran, and One other member serve as directors at the Company.
Company Details
- Location
Erode, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U18101TZ2010PTC016040
- Company No.
016040
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Apr 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at Rhythm Knit India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Marimuthu Nataraj  | Managing Director | 30-Apr-2010 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saminathan | Director | 30-Apr-2010 | Current |
| Nataraj Sivagami | Director | 30-Apr-2010 | Current |
| Lakshmi Muthukumaran | Director | 30-Apr-2010 | Current |
Financial Performance of Rhythm Knit India.
Rhythm Knit India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.84% increase. The company also saw a substantial improvement in profitability, with a 23.49% increase in profit. The company's net worth Soared by an impressive increase of 17.29%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Rhythm Knit India?
In 2023, Rhythm Knit 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.
Related Corporates (Common Directorship)
Bullet Impex Private LimitedSaminathan and Marimuthu Nataraj are mutual person
Charges (Loans)
Open Charges
₹47.72 Cr
Satisfied Charges
₹2.60 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 46.77 Cr
- Indnian Overseas Bank : 0.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Dec 2024 | Karnataka Bank Ltd. | ₹1.95 M | Open |
| 13 Nov 2024 | Karnataka Bank Ltd. | ₹2.92 M | Open |
| 24 Mar 2021 | Karnataka Bank Ltd. | ₹1.15 Cr | Open |
| 04 Sep 2020 | Karnataka Bank Ltd. | ₹2.48 Cr | Open |
| 01 Aug 2019 | Karnataka Bank Ltd. | ₹8.00 M | Open |
How Many Employees Work at Rhythm Knit India?
Rhythm Knit India has a workforce of 347 employees as of May 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rhythm Knit 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 Rhythm Knit India's trajectory.
Rating
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
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 Rhythm Knit India
Recent activity within the organization
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.20 Cr with Charge ID 101024485 was registered on 02 Dec 2024.
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.29 Cr with Charge ID 101024480 was registered on 13 Nov 2024.
- Annual General Meeting
Rhythm Knit India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Karnataka Bank Ltd. of Rs. 41.85 Cr registered on 22 Feb 2011 with Charge ID 10271986 was modified on 09 Aug 2024.
- Balance Sheet
Rhythm Knit India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.15 Cr with Charge ID 100436673 was registered on 24 Mar 2021.
Frequently asked questions
What is the Incorporation or founding date of Rhythm Knit India Private Limited?
Rhythm Knit India Private Limited was incorporated on 30 Apr 2010.
What is authorized share capital and paid-up capital of Rhythm Knit India Private Limited?
The authorized share capital of Rhythm Knit India Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 6.01 Cr.
Who are the current board members & directors of Rhythm Knit India Private Limited?
Currently 4 directors are associated with Rhythm Knit India Private Limited.
- Saminathan
- Nataraj Sivagami
- Lakshmi Karuppusamy Muthukumaran
- Marimuthu Nataraj
What is the registered address of Rhythm Knit India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rhythm Knit India Private Limited is No.4-A, Old Ramakrishnapuram Extension 1St Street India, Tirupur, Tamil Nadu, 641607.
What is the corporate identification number (CIN) and company number of Rhythm Knit India Private Limited?
The corporate identification number (CIN) of Rhythm Knit India Private Limited is U18101TZ2010PTC016040 and the company number is 016040 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rhythm Knit India Private Limited?
The Official website of Rhythm Knit India Private Limited is https://www.rhythmknitindia.com
What has been the recent revenue trend for Rhythm Knit India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rhythm Knit India Private Limited has risen by 34.84%.
How many employees does Rhythm Knit India Private Limited currently have?
As Per 2023 financial reports, 347 employees are currently employed by Rhythm Knit India Private Limited.
What change has been observed in the net worth of Rhythm Knit India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rhythm Knit India Private Limited has experienced an upsurge of 17.29%.
What are the total open charges for Rhythm Knit India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rhythm Knit India Private Limited amount to ₹ 47.72 Cr.
When was the last Balance Sheet of Rhythm Knit India Private Limited filed with the ROC?
The most recent Balance Sheet for Rhythm Knit India Private Limited was filed with the ROC on 31 Mar 2024.