Ricela Health Foods Limited

A company that specializes in extracting and processing rice bran oil and its by-products.

1992 | Ludhiana, Punjab (India) | Active
Last Updated: December 04, 2024

Ricela Health Foods Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 390.08 Cr
  • Satisfied Charges ₹ 238.19 Cr
  • Revenue Growth 35.97%
  • Profit Growth 410.84%
  • Ebitda 76.16%
  • Net Worth 22.40%
  • Total Assets -22.24%

About Ricela Health Foods

Ricela Health Foods Limited (RHFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 November 1992 and has a history of 32 years and two months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as A P Solvex Private Limited. The Company is engaged in the Food And Beverages 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 1.50 Cr and a paid-up capital of Rs 1.24 Cr.

The company currently has active open charges totaling ₹390.08 Cr. The company has closed loans amounting to ₹238.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Achhru Sharma, Vikas Chhabra, Jyoti Singla, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15142PB1992PLC012726

  • Company No.

    012726

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Nov 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Food and Beverages

What products or services does Ricela Health Foods Limited offer?

Ricela Health Foods Limited offers a wide range of products and services, including Cosmetic Raw Material, Rice Bran Wax, Edible Oil & Allied Products, Cooking Oil, Soap Raw Material, Acid Oils, Rice Bran Oil, Refined Oil, Refined Sunflower Oil, Ready to Eat & Instant Food Mixes.

Who are the key members and board of directors at Ricela Health Foods?

Board Members (5)

Name Designation Appointment Date Status
Jyoti Singla Country flag representing In Director 29-Sep-2018 Current
Achhru Sharma Country flag representing In Director 13-Nov-1992 Current
Vikas Chhabra Country flag representing In Director 30-Sep-2024 Current
Vijay Goyal Country flag representing In Director 13-Nov-1992 Current
Parshotam Dass Country flag representing In Whole-Time Director 09-Dec-2006 Current

Financial Performance of Ricela Health Foods.

Ricela Health Foods Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 35.97% increase. The company also saw a substantial improvement in profitability, with a 410.84% increase in profit. The company's net worth Soared by an impressive increase of 22.4%.

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
35.97%
Revenue from Operations
36.03%
Total Assets
-22.24%
Profit or Loss
410.84%
Net Worth
22.40%
EBITDA
76.16%

What is the Ownership and Shareholding Structure of Ricela Health Foods?

In 2023, Ricela Health Foods 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

₹390.08 Cr

Satisfied Charges

₹238.19 Cr

Charges Breakdown by Lending Institutions

  • Others : 293.58 Cr
  • Yes Bank Limited : 50.00 Cr
  • State Bank Of India : 25.00 Cr
  • Hdfc Bank Limited : 20.00 Cr
  • Punjab & Sind Bank : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
31 Dec 2022 Yes Bank Limited ₹50.00 Cr Open
11 Jun 2021 Others ₹6.75 Cr Open
22 Jan 2019 State Bank Of India ₹25.00 Cr Open
12 Jan 2018 Others ₹3.60 Cr Open
08 Jan 2018 Hdfc Bank Limited ₹20.00 Cr Open

How Many Employees Work at Ricela Health Foods?

Ricela Health Foods has a workforce of 483 employees as of Mar 29, 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 Ricela Health Foods, 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 Ricela Health Foods'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 Ricela Health Foods

Recent activity within the organization

  • Annual General Meeting

    Ricela Health Foods Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Vikas Chhabra was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 4 months 3 days .

    30 Sep 2024

  • Balance Sheet

    Ricela Health Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge registered on 29 Mar 2019 via Charge ID 100253702 with Axis Bank Limited was fully satisfied on 09 Jun 2023.

    09 Jun 2023

  • Charges

    A charge with Others of Rs. 280.00 Cr registered on 15 Sep 1994 with Charge ID 90177524 was modified on 09 Feb 2023.

    09 Feb 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100661851 was registered on 31 Dec 2022.

    31 Dec 2022

Frequently asked questions

  • Ricela Health Foods Limited was incorporated on 13 Nov 1992.

  • The authorized share capital of Ricela Health Foods Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.24 Cr.

  • Currently 5 directors are associated with Ricela Health Foods Limited.

    • Achhru Ram Sharma
    • Vikas Chhabra
    • Jyoti Singla
    • Vijay Kumar Goyal
    • Parshotam Dass
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ricela Health Foods Limited is Sco.No.14, First Floor Royal Sector Satara Within Omaxe Residency Pakhowal Ro Ad India, Ludhiana, Punjab, 142022.

  • The corporate identification number (CIN) of Ricela Health Foods Limited is U15142PB1992PLC012726 and the company number is 012726 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ricela Health Foods Limited is https://www.ricela.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Ricela Health Foods Limited has risen by 35.97%.

  • As Per 2021 financial reports, 483 employees are currently employed by Ricela Health Foods Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Ricela Health Foods Limited has experienced an upsurge of 22.40%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Ricela Health Foods Limited amount to ₹ 390.08 Cr.

  • The most recent Balance Sheet for Ricela Health Foods Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Edible Oils & Cooking Fats