Ricinash Renewable Materials Profile
Key Indicators
- Authorised Capital ₹ 14.30 Cr
- Paid Up Capital ₹ 13.79 Cr
- Company Age 28 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- 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 and two months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Ricinash Renewable Materials 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 2024. 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
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Chemicals and Materials
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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹1.97 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Ricinash Renewable Materials
Recent activity within the organization
- Annual General Meeting
Ricinash Renewable Materials Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 0.02 Cr registered on 18 Apr 2019 with Charge ID 100254921 was modified on 06 Apr 2024.
- Balance Sheet
Ricinash Renewable Materials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100706265 was registered on 05 Apr 2023.
- Director Appointment
Jigish Shailesh Choksi was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 2 years .
- Charges
A charge registered on 18 Sep 2018 via Charge ID 100206079 with Hdfc Bank Limited was fully satisfied on 14 Feb 2023.
Frequently asked questions
What is the Incorporation or founding date of Ricinash Renewable Materials Private Limited?
Ricinash Renewable Materials Private Limited was incorporated on 29 Jan 1997.
What is authorized share capital and paid-up capital of Ricinash Renewable Materials Private Limited?
The authorized share capital of Ricinash Renewable Materials Private Limited is ₹ 14.30 Cr and paid-up capital is ₹ 13.79 Cr.
Who are the current board members & directors of Ricinash Renewable Materials Private Limited?
Currently 3 directors are associated with Ricinash Renewable Materials Private Limited.
- Manish Mahendra Choksi
- Ashish Ashwin Choksi
- Jigish Shailesh Choksi
What is the registered address of Ricinash Renewable Materials Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ricinash Renewable Materials Private Limited is 202/203 Maghum Opusshanti Nagar Indl Estate Vakola Santacruz E India, Mumbai, Maharashtra, 400055.
What is the corporate identification number (CIN) and company number of Ricinash Renewable Materials Private Limited?
The corporate identification number (CIN) of Ricinash Renewable Materials Private Limited is U15140MH1997PTC105499 and the company number is 105499 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ricinash Renewable Materials Private Limited?
The Official website of Ricinash Renewable Materials Private Limited is https://www.ricinash.com
What has been the recent revenue trend for Ricinash Renewable Materials Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ricinash Renewable Materials Private Limited has fallen by -11.26%.
How many employees does Ricinash Renewable Materials Private Limited currently have?
As Per 2023 financial reports, 6 employees are currently employed by Ricinash Renewable Materials Private Limited.
What change has been observed in the net worth of Ricinash Renewable Materials Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ricinash Renewable Materials Private Limited has experienced an upsurge of 2.16%.
What are the total open charges for Ricinash Renewable Materials Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ricinash Renewable Materials Private Limited amount to ₹ 1.97 Cr.
When was the last Balance Sheet of Ricinash Renewable Materials Private Limited filed with the ROC?
The most recent Balance Sheet for Ricinash Renewable Materials Private Limited was filed with the ROC on 31 Mar 2024.
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