Riddhi Casting Private Limited

This company manufactures various types of castings and provides related services.

2012 | Kolhapur, Maharashtra (India) | Active
Last Updated: December 18, 2024

Riddhi Casting Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 31.97 Cr
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 43.16 Cr
  • Satisfied Charges ₹ 11.05 Cr
  • Revenue Growth 46.87%
  • Profit Growth -15.57%
  • Ebitda 3.82%
  • Net Worth 61.37%
  • Total Assets -4.13%

About Riddhi Casting

Riddhi Casting Private Limited (RCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 September 2012 and has a history of 12 years and five months. Its registered office is in Kolhapur, Maharashtra, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 32.00 Cr and a paid-up capital of Rs 31.97 Cr.

The company currently has active open charges totaling ₹43.16 Cr. The company has closed loans amounting to ₹11.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Riddhi Casting Private Limited India is Rahul Patil as COMPANY SECRETARY. Madhavan Pillai, Anukumar Vijaya, Geeta Pillai, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pillai-group.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29100PN2012PTC144667

  • Company No.

    144667

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

Who are the key members and board of directors at Riddhi Casting?

Executive Team (1)

Name Designation Appointment Date Status
Rahul Patil Company Secretary 16-Dec-2021 Current

Board Members (5)

Name Designation Appointment Date Status
Madhavan Pillai Country flag representing In Director 10-Sep-2012 Current
Anukumar Vijaya Country flag representing In Director 10-Sep-2012 Current
Geeta Pillai Country flag representing In Director 10-Sep-2012 Current
Rishabh Pillai Country flag representing In Additional Director 26-Sep-2022 Current
Meena Pillai Country flag representing In Director 10-Sep-2012 Current

Financial Performance of Riddhi Casting.

Riddhi Casting Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 46.87% increase. The company also saw a substantial fall in profitability, with a 15.57% decrease in profit. The company's net worth Soared by an impressive increase of 61.37%.

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
46.87%
Revenue from Operations
46.59%
Total Assets
-4.13%
Profit or Loss
-15.57%
Net Worth
61.37%
EBITDA
3.82%

What is the Ownership and Shareholding Structure of Riddhi Casting?

In 2022, Riddhi Casting 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

₹43.16 Cr

Satisfied Charges

₹11.05 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 29.04 Cr
  • Sidbi : 12.73 Cr
  • Others : 1.39 Cr

Latest Charge Details

Date Lender Amount Status
06 Jun 2024 Sidbi ₹1.99 Cr Open
20 Oct 2023 Sidbi ₹7.32 Cr Open
19 May 2023 Sidbi ₹1.24 Cr Open
05 May 2022 Sidbi ₹1.19 Cr Open
18 Jan 2020 Others ₹7.87 M Open

How Many Employees Work at Riddhi Casting?

Riddhi Casting has a workforce of 37 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Riddhi Casting, 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 Riddhi Casting'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 Riddhi Casting

Recent activity within the organization

  • Annual General Meeting

    Riddhi Casting Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1.99 Cr with Charge ID 100940465 was registered on 06 Jun 2024.

    06 Jun 2024

  • Balance Sheet

    Riddhi Casting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 28.04 Cr registered on 11 Sep 2018 with Charge ID 100211875 was modified on 09 Nov 2023.

    09 Nov 2023

  • Charges

    A charge with Sidbi amounted to Rs. 7.32 Cr with Charge ID 100805431 was registered on 20 Oct 2023.

    20 Oct 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 1.00 Cr registered on 31 Aug 2018 with Charge ID 100228887 was modified on 13 Jun 2023.

    13 Jun 2023

Frequently asked questions

  • Riddhi Casting Private Limited was incorporated on 10 Sep 2012.

  • The authorized share capital of Riddhi Casting Private Limited is ₹ 32.00 Cr and paid-up capital is ₹ 31.97 Cr.

  • Currently 6 directors are associated with Riddhi Casting Private Limited.

    • Madhavan Nanu Pillai
    • Anukumar Parameshwaran Vijaya
    • Geeta Annukumar Pillai
    • Rishabh Annukumar Pillai
    • Rahul Sardar Patil
    • Meena Madhavan Pillai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Riddhi Casting Private Limited is 2018 E Ward, Janaki Nursing Home 3Rd Lane Rajarampuri India, Kolhapur, Maharashtra, 416008.

  • The corporate identification number (CIN) of Riddhi Casting Private Limited is U29100PN2012PTC144667 and the company number is 144667 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Riddhi Casting Private Limited is https://www.pillai-group.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Riddhi Casting Private Limited has risen by 46.87%.

  • As Per 2022 financial reports, 37 employees are currently employed by Riddhi Casting Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Riddhi Casting Private Limited has experienced an upsurge of 61.37%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Riddhi Casting Private Limited amount to ₹ 43.16 Cr.

  • The most recent Balance Sheet for Riddhi Casting Private Limited was filed with the ROC on 31 Mar 2024.