Rich Millet Foods Private Limited

Produces a variety of baked goods and grains, including biscuits, cakes, and millet-based products.

2016 | Hyderabad, Telangana (India) | Active
Last Updated: December 20, 2024

Rich Millet Foods Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 8.00 M
  • Revenue Growth 25.18%
  • Profit Growth 32.87%
  • Ebitda 7.61%
  • Net Worth -44.62%
  • Total Assets 6.78%

About Rich Millet Foods

Rich Millet Foods Private Limited (RMFPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 September 2016 (Eight years and five months 9 days old ). Its registered office is in Hyderabad, Telangana, India.

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 2020. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹8.00 M.

Sreekanth Agavinti and Param Rajan serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2016PTC111773

  • Company No.

    111773

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Sep 2016

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Food and Beverages

What products or services does Rich Millet Foods Private Limited offer?

Rich Millet Foods Private Limited offers a wide range of products and services, including Cereals & Food Grains, Flours, Ready to Eat & Instant Food Mixes, Breakfast Cereals, Chocolates, Biscuits & Cookies, Cookies, Food Grains, Seeds and Plant Saplings, Edible Seeds, Flower Seeds.

Who are the key members and board of directors at Rich Millet Foods?

Board Members (2)

Name Designation Appointment Date Status
Sreekanth Agavinti Country flag representing In Additional Director 31-Jul-2020 Current
Param Rajan Country flag representing In Additional Director 04-Apr-2022 Current

Financial Performance of Rich Millet Foods.

Rich Millet Foods Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 25.18% increase. The company also saw a substantial improvement in profitability, with a 32.87% increase in profit. The company's net worth observed a substantial decline by a decrease of 44.62%.

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
25.18%
Revenue from Operations
15.52%
Total Assets
6.78%
Profit or Loss
32.87%
Net Worth
-44.62%
EBITDA
7.61%

What is the Ownership and Shareholding Structure of Rich Millet Foods?

In 2020, Rich Millet 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

₹8.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
17 Oct 2017 Bank Of India ₹8.00 M Open

How Many Employees Work at Rich Millet Foods?

Unlock and access historical data on people associated with Rich Millet Foods, 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 Rich Millet 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 Rich Millet 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 Rich Millet Foods

Recent activity within the organization

  • Director Appointment

    Param Vijay Rajan was appointed as a Additional Director was appointed as a Additional Director on 04 Apr 2022 & has been associated with this company since 2 years 10 months .

    04 Apr 2022

  • Annual General Meeting

    Rich Millet Foods Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Director Appointment

    Sreekanth Nagaiah Agavinti was appointed as a Additional Director was appointed as a Additional Director on 31 Jul 2020 & has been associated with this company since 4 years 6 months .

    31 Jul 2020

  • Balance Sheet

    Rich Millet Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.

    31 Mar 2020

  • Charges

    A charge with Bank Of India amounted to Rs. 8.00 M with Charge ID 100141132 was registered on 17 Oct 2017.

    17 Oct 2017

  • Company Incorporation

    Rich Millet Foods Private Limited was registered on 01 Sep 2016 with Roc Hyderabad & aged 8 years 5 months as per MCA records.

    01 Sep 2016

Frequently asked questions

  • Rich Millet Foods Private Limited was incorporated on 01 Sep 2016.

  • The authorized share capital of Rich Millet Foods Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Rich Millet Foods Private Limited.

    • Sreekanth Nagaiah Agavinti
    • Param Vijay Rajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rich Millet Foods Private Limited is A/1 Part Phase Iii Iocl, Secunderabad India, Cherlapally, Telangana, 500051.

  • The corporate identification number (CIN) of Rich Millet Foods Private Limited is U74999TG2016PTC111773 and the company number is 111773 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rich Millet Foods Private Limited is https://www.richmillet.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Rich Millet Foods Private Limited has risen by 25.18%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Rich Millet Foods Private Limited has experienced an downturn of -44.62%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Rich Millet Foods Private Limited amount to ₹ 8.00 M.

  • The most recent Balance Sheet for Rich Millet Foods Private Limited was filed with the ROC on 31 Mar 2020.

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