Ricinash Renewable Materials Profile
Key Indicators
- Authorised Capital ₹ 14.30 Cr
- Paid Up Capital ₹ 13.79 Cr
- Company Age 28 Year, 22 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.97 Cr
- Satisfied Charges ₹ 2.05 Cr
- Revenue Growth -11.26%
- Profit Growth 30.03%
- Ebitda -10.55%
- Net Worth 2.16%
- Total Assets -7.08%
About Ricinash Renewable Materials
Ricinash Renewable Materials Private Limited (RRMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 1997 and has a history of 28 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Ricinash Oil Mill Limited. The Company is engaged in the Chemicals And Materials 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 14.30 Cr and a paid-up capital of Rs 13.79 Cr.
The company currently has active open charges totaling ₹1.97 Cr. The company has closed loans amounting to ₹2.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manish Choksi, Ashish Choksi, and Jigish Choksi serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U15140MH1997PTC105499
- Company No.
105499
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jan 1997
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Ricinash Renewable Materials?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Choksi  | Managing Director | 01-Oct-2009 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manish Choksi | Director | 29-Jan-1997 | Current |
| Jigish Choksi | Director | 30-Mar-2023 | Current |
Financial Performance of Ricinash Renewable Materials.
Ricinash Renewable Materials Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.26% decrease. The company also saw a substantial improvement in profitability, with a 30.03% increase in profit. The company's net worth moved up by a moderate rise of 2.16%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Ricinash Renewable Materials?
In 2023, Ricinash Renewable Materials 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)
Vedant Fashions LimitedManish Choksi is a mutual person
Germinait Solutions Private LimitedManish Choksi is a mutual person
Msl Driveline Systems LimitedManish Choksi is a mutual person
Ashimara Housing Private LimitedManish Choksi is a mutual person
Torrent Pharmaceuticals LtdManish Choksi is a mutual person
Asian Paints LimitedManish Choksi and Jigish Choksi are mutual person
Charges (Loans)
₹1.97 Cr
₹2.05 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.97 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2023 | Hdfc Bank Limited | ₹0.10 M | Open |
| 19 Jan 2023 | Hdfc Bank Limited | ₹1.94 Cr | Open |
| 18 Apr 2019 | Hdfc Bank Limited | ₹0.20 M | Open |
| 18 Sep 2018 | Hdfc Bank Limited | ₹9.00 M | Satisfied |
| 18 Jan 2018 | Hdfc Bank Limited | ₹9.00 M | Satisfied |
How Many Employees Work at Ricinash Renewable Materials?
Ricinash Renewable Materials has a workforce of 6 employees as of Apr 06, 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 Ricinash Renewable Materials, 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 Ricinash Renewable Materials'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.
