Rice Lake Weighing Systems India Limited

Manufactures weighing and material handling equipment for various industries in India.

2005 | Mathur Village, Tamil Nadu (India) | Active
Last Updated: July 06, 2024

Rice Lake Weighing Systems India Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 8.00 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.50 Cr
  • Satisfied Charges ₹ 38.57 Cr
  • Revenue Growth 35.81%
  • Profit Growth 77.01%
  • Ebitda 81.31%
  • Net Worth 26.95%
  • Total Assets 73.92%

About Rice Lake Weighing Systems India

Rice Lake Weighing Systems India Limited (RLWSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 September 2005 and has a history of 19 years and four months. Its registered office is in Mathur Village, Tamil Nadu, India.

The Corporate was formerly known as Strategic Weighing Systems Limited. The Company is engaged in the Machinery And Equipment 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 8.00 Cr and a paid-up capital of Rs 8.00 Cr.

The company currently has active open charges totaling ₹24.50 Cr. The company has closed loans amounting to ₹38.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gaurav Jalan, Sudhir Jalan, Brijesh Biyani, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mathur Village, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ricelake.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29196TN2005PLC057662

  • Company No.

    057662

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 2005

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Rice Lake Weighing Systems India Limited offer?

Rice Lake Weighing Systems India Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Diverter Valve, Weighing Scales & Measuring Tapes, Weighing Scale, Platform Balance, Material Handling Machines & Systems, Loading Machinery, Conveyor Systems & Components, Conveyor Feeders, Weighbridges.

Who are the key members and board of directors at Rice Lake Weighing Systems India?

Executive Team (1)

NameDesignationAppointment DateStatus
Guruganesh Guruswamy Country flag representing Ca Managing Director29-Jan-2010Current

Board Members (7)

NameDesignationAppointment DateStatus
Steven Parkman Country flag representing Us Director 29-Jan-2010Current
Brijesh Biyani Country flag representing In Director 31-Oct-2006Current
Gaurav Jalan Country flag representing In Director 16-Mar-2006Current
Sudhir Jalan Country flag representing In Director 16-Mar-2006Current
Mark Johnson Country flag representing Us Director 29-Jan-2010Current
Ramakrishnan Hariharan Country flag representing In Whole-Time Director 29-Jul-2014Current

Financial Performance of Rice Lake Weighing Systems India.

Rice Lake Weighing Systems India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.81% increase. The company also saw a substantial improvement in profitability, with a 77.01% increase in profit. The company's net worth Soared by an impressive increase of 26.95%.

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
35.81%
Revenue from Operations
36.40%
Total Assets
73.92%
Profit or Loss
77.01%
Net Worth
26.95%
EBITDA
81.31%

What is the Ownership and Shareholding Structure of Rice Lake Weighing Systems India?

In 2023, Rice Lake Weighing Systems 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

₹24.50 Cr

Satisfied Charges

₹38.57 Cr

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 24.50 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2006Icici Bank Limited₹24.50 CrOpen
30 Dec 2011Icici Bank Limited₹15.57 CrSatisfied
11 Nov 2011Icici Bank Limited₹15.00 CrSatisfied
21 Mar 2006Icici Bank Limited₹8.00 CrSatisfied

How Many Employees Work at Rice Lake Weighing Systems India?

Rice Lake Weighing Systems India has a workforce of 241 employees as of Mar 25, 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 Rice Lake Weighing Systems 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 Rice Lake Weighing Systems 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 Rice Lake Weighing Systems India

Recent activity within the organization

  • Annual General Meeting

    Rice Lake Weighing Systems India Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Rice Lake Weighing Systems India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 30 Dec 2011 via Charge ID 10325451 with Icici Bank Limited was fully satisfied on 18 Dec 2018.

    18 Dec 2018

  • Charges

    A charge registered on 11 Nov 2011 via Charge ID 10316793 with Icici Bank Limited was fully satisfied on 18 Dec 2018.

    18 Dec 2018

  • Charges

    A charge with Icici Bank Limited of Rs. 24.50 Cr registered on 21 Mar 2006 with Charge ID 80009229 was modified on 15 Apr 2015.

    15 Apr 2015

  • Director Appointment

    Ramakrishnan Hariharan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Jul 2014 & has been associated with this company since 10 years 6 months .

    29 Jul 2014

Frequently asked questions

  • Rice Lake Weighing Systems India Limited was incorporated on 29 Sep 2005.

  • The authorized share capital of Rice Lake Weighing Systems India Limited is ₹ 8.00 Cr and paid-up capital is ₹ 8.00 Cr.

  • Currently 8 directors are associated with Rice Lake Weighing Systems India Limited.

    • Gaurav Jalan
    • Sudhir Jalan
    • Brijesh Kumar Biyani
    • Mark Oliver Johnson
    • Ramakrishnan Hariharan
    • Steven Michael Parkman
    • Mark Oliver Johnson Jr
    • Guruganesh Guruswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rice Lake Weighing Systems India Limited is Plot No. A27/1 Sipcot Industrial Growth Centre Oragadam Sriperumbudur Taluk, Mathur Village, Tamil Nadu, India, 602105.

  • The corporate identification number (CIN) of Rice Lake Weighing Systems India Limited is U29196TN2005PLC057662 and the company number is 057662 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rice Lake Weighing Systems India Limited is https://www.ricelake.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rice Lake Weighing Systems India Limited has risen by 35.81%.

  • As Per 2023 financial reports, 241 employees are currently employed by Rice Lake Weighing Systems India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rice Lake Weighing Systems India Limited has experienced an upsurge of 26.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rice Lake Weighing Systems India Limited amount to ₹ 24.50 Cr.

  • The most recent Balance Sheet for Rice Lake Weighing Systems India Limited was filed with the ROC on 31 Mar 2023.

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