Richimen Silks Limited

Manufacturer of high-quality silk fabrics since 1984, based in Hyderabad.

1984 | Hyderabad, Andhra Pradesh (India) | Active
Last Updated:

Richimen Silks Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 10.78 Cr
  • Company Age 40 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 21.42 Cr
  • Revenue Growth %
  • Profit Growth -0.82%
  • Ebitda -1.43%
  • Net Worth -48.22%
  • Total Assets -2.52%

About Richimen Silks

Richimen Silks Limited (RSL) is a Public Limited Indian Non-Government Company incorporated in India on 16 October 1984 and has a history of 40 years and six months. Its registered office is in Hyderabad, Andhra Pradesh.

The Corporate was formerly known as Richimen Silks Private Limited. 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 2019. It's a company limited by shares with an authorized capital of Rs 14.00 Cr and a paid-up capital of Rs 10.78 Cr.

The company has closed loans amounting to ₹21.42 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sudhir Gunda, Gunda Laxmi, and Gunda Vittal serve as directors at the Company.

Company Details

  • Location Hyderabad, Andhra Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18100AP1984PLC005033

  • Company No.

    005033

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1984

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing
Company report

Richimen Silks Limited

Explore comprehensive data for Richimen Silks Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Richimen Silks?

Executive Team (1)

NameDesignationAppointment DateStatus
Gunda Vittal Country flag representing In Managing Director16-Oct-1984Current

Board Members (2)

NameDesignationAppointment DateStatus
Sudhir Gunda Country flag representing In Director 10-Sep-2000Current
Gunda Laxmi Country flag representing In Director 28-Oct-1986Current

Financial Performance of Richimen Silks.

Richimen Silks Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 0.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 48.22%.

Richimen Silks revenue growth over time
Richimen Silks 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
-2.52%
Profit or Loss
-0.82%
Net Worth
-48.22%
EBITDA
-1.43%

What is the Ownership and Shareholding Structure of Richimen Silks?

In 2018, Richimen Silks had a promoter holding of 38.06% and a public holding of 61.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹21.42 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 15.00 Cr
  • Bank Of Baroda : 6.42 Cr

Latest Charge Details

DateLenderAmountStatus
17 Oct 2013Idbi Bank Limited₹15.00 CrSatisfied
26 Feb 1990Bank Of Baroda₹4.72 CrSatisfied
17 Dec 1987Bank Of Baroda₹1.00 MSatisfied
11 Nov 1987Bank Of Baroda₹1.50 MSatisfied
14 Jul 1987Bank Of Baroda₹1.45 CrSatisfied

How Many Employees Work at Richimen Silks?

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

Employee growth trends for Richimen Silks Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Richimen Silks, 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 Richimen Silks'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 Richimen Silks

Recent activity within the organization

  • Charges

    A charge registered on 17 Oct 2013 via Charge ID 10460756 with Idbi Bank Limited was fully satisfied on 06 Mar 2024.

  • Annual General Meeting

    Richimen Silks Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Richimen Silks Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada.

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 15.00 Cr with Charge ID 10460756 was registered on 17 Oct 2013.

  • Charges

    A charge registered on 26 Feb 1990 via Charge ID 90260808 with Bank Of Baroda was fully satisfied on 28 Mar 2011.

  • Charges

    A charge registered on 17 Dec 1987 via Charge ID 90260680 with Bank Of Baroda was fully satisfied on 28 Mar 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Richimen Silks Limited?

    Richimen Silks Limited was incorporated on 16 Oct 1984.

  • What is authorized share capital and paid-up capital of Richimen Silks Limited?

    The authorized share capital of Richimen Silks Limited is ₹ 14.00 Cr and paid-up capital is ₹ 10.78 Cr.

  • Who are the current board members & directors of Richimen Silks Limited?

    Currently 3 directors are associated with Richimen Silks Limited.

    • Sudhir Gunda
    • Gunda Vijaya Laxmi
    • Gunda Vittal

  • What is the registered address of Richimen Silks Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Richimen Silks Limited is 6-3-1186/A, Raj Bhawan Road India, Hyderabad, Andhra Pradesh.

  • What is the corporate identification number (CIN) and company number of Richimen Silks Limited?

    The corporate identification number (CIN) of Richimen Silks Limited is U18100AP1984PLC005033 and the company number is 005033 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Richimen Silks Limited?

    The Official website of Richimen Silks Limited is https://www.richimensilks.com

  • What change has been observed in the net worth of Richimen Silks Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Richimen Silks Limited has experienced an downturn of -48.22%.

  • When was the last Balance Sheet of Richimen Silks Limited filed with the ROC?

    The most recent Balance Sheet for Richimen Silks Limited was filed with the ROC on 31 Mar 2019.

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