Riddhesiddhe Rice Industries Private Limited

This company specializes in rice milling, processing, and packaging, as well as manufacturing food products.

2019 | Nagpur, Maharashtra (India) | Active
Last Updated: July 02, 2024

Riddhesiddhe Rice Industries Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.56 Cr
  • Company Age 5 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.13 Cr
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth 80.80%
  • Profit Growth 130.00%
  • Ebitda 116.37%
  • Net Worth 67.54%
  • Total Assets 53.96%

About Riddhesiddhe Rice Industries

Riddhesiddhe Rice Industries Private Limited (RRIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 November 2019 (Five years and two months 23 days old ). Its registered office is in Nagpur, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.56 Cr.

The company currently has active open charges totaling ₹32.13 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Riddhesiddhe Rice Industries Private Limited India is Praful Sarda as CEO. Sonal Sarda, Sangeeta Sarda, Neera Sarda, and Two other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15549MH2019PTC333608

  • Company No.

    333608

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

Who are the key members and board of directors at Riddhesiddhe Rice Industries?

Executive Team (1)

Name Designation Appointment Date Status
Praful Sarda CEO 01-Apr-2021 Current

Board Members (5)

Name Designation Appointment Date Status
Sonal Sarda Country flag representing In Director 06-Feb-2020 Current
Sangeeta Sarda Country flag representing In Director 06-Feb-2020 Current
Neera Sarda Country flag representing In Director 26-Nov-2019 Current
Sneha Rathi Country flag representing In Director 26-Nov-2019 Current
Mangla Sarda Country flag representing In Director 26-Nov-2019 Current

Financial Performance of Riddhesiddhe Rice Industries.

Riddhesiddhe Rice Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 80.8% increase. The company also saw a substantial improvement in profitability, with a 130% increase in profit. The company's net worth Soared by an impressive increase of 67.54%.

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
80.80%
Revenue from Operations
80.46%
Total Assets
53.96%
Profit or Loss
130.00%
Net Worth
67.54%
EBITDA
116.37%

What is the Ownership and Shareholding Structure of Riddhesiddhe Rice Industries?

In 2023, Riddhesiddhe Rice Industries 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

₹32.13 Cr

Satisfied Charges

₹6.00 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 24.13 Cr
  • State Bank Of India : 8.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Apr 2023 State Bank Of India ₹8.00 Cr Open
02 Jul 2021 Bank Of India ₹2.47 M Open
19 Nov 2020 Bank Of India ₹23.88 Cr Open
04 Feb 2022 State Bank Of India ₹6.00 Cr Satisfied

How Many Employees Work at Riddhesiddhe Rice Industries?

Unlock and access historical data on people associated with Riddhesiddhe Rice Industries, 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 Riddhesiddhe Rice Industries, 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 Riddhesiddhe Rice Industries'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 Riddhesiddhe Rice Industries

Recent activity within the organization

  • Annual General Meeting

    Riddhesiddhe Rice Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 8.00 Cr with Charge ID 100722467 was registered on 21 Apr 2023.

    21 Apr 2023

  • Balance Sheet

    Riddhesiddhe Rice Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 04 Feb 2022 via Charge ID 100543891 with State Bank Of India was fully satisfied on 13 Mar 2023.

    13 Mar 2023

  • Charges

    A charge with Bank Of India of Rs. 23.88 Cr registered on 19 Nov 2020 with Charge ID 100387048 was modified on 03 Dec 2022.

    03 Dec 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.00 Cr with Charge ID 100543891 was registered on 04 Feb 2022.

    04 Feb 2022

Frequently asked questions

  • Riddhesiddhe Rice Industries Private Limited was incorporated on 26 Nov 2019.

  • The authorized share capital of Riddhesiddhe Rice Industries Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.56 Cr.

  • Currently 6 directors are associated with Riddhesiddhe Rice Industries Private Limited.

    • Sonal Harshit Sarda
    • Sangeeta Nandkishore Sarda
    • Neera Dilip Sarda
    • Sneha Harish Rathi
    • Mangla Ramesh Sarda
    • Praful Ramesh Sarda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Riddhesiddhe Rice Industries Private Limited is P.No.80Fl. No.201 2Nd FloorMatrukrupa App. Zenda Chowk Road Rto. Giripeth, Nagpur, Maharashtra, India, 440011.

  • The corporate identification number (CIN) of Riddhesiddhe Rice Industries Private Limited is U15549MH2019PTC333608 and the company number is 333608 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Riddhesiddhe Rice Industries Private Limited has risen by 80.80%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Riddhesiddhe Rice Industries Private Limited has experienced an upsurge of 67.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Riddhesiddhe Rice Industries Private Limited amount to ₹ 32.13 Cr.

  • The most recent Balance Sheet for Riddhesiddhe Rice Industries Private Limited was filed with the ROC on 31 Mar 2023.