Riddhi Corporate Services Limited

Founded in 2010 and headquartered in Gujarat, India.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 24, 2024

Riddhi Corporate Services Profile

Key Indicators

  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 11.87 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.87 Cr
  • Satisfied Charges ₹ 5.49 Cr
  • Revenue Growth 29.50%
  • Profit Growth 88.98%
  • Ebitda 298.46%
  • Net Worth 20.76%
  • Total Assets 295.42%

About Riddhi Corporate Services

Riddhi Corporate Services Limited (RCSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 October 2010 and has a history of 14 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540590.

The Corporate was formerly known as Riddhi Corporate Services Private Limited. The Company is engaged in the Information Technology 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 13.50 Cr and a paid-up capital of Rs 11.87 Cr.

The company currently has active open charges totaling ₹10.87 Cr. The company has closed loans amounting to ₹5.49 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Riddhi Corporate Services Limited India are Mustafa Sibatra as COMPANY SECRETARY and Hardikkumar Bhavsar as Cfo. Alpit Gor, Pravinchandra Gor, Umesh Bhadreswara, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L74140GJ2010PLC062548

  • Company No.

    062548

  • Stock Symbol

    BSE : 540590

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 2010

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

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

Executive Team (3)

NameDesignationAppointment DateStatus
Pravinchandra Gor Country flag representing In Managing Director09-Oct-2010Current
Mustafa Sibatra Country flag representing In Company Secretary20-Feb-2021Current
Hardikkumar Bhavsar Country flag representing In CFO01-Apr-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Alpit Gor Country flag representing In Whole-Time Director 09-Oct-2010Current
Umesh Bhadreswara Country flag representing In Director 15-Jul-2017Current
Bhavin Pandya Country flag representing In Director 11-Jul-2019Current
Jashubhai Patel Country flag representing In Director 04-Mar-2020Current
Kalpanaben Suthar Country flag representing In Director 17-Jul-2019Current

Financial Performance of Riddhi Corporate Services.

Riddhi Corporate Services Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.5% increase. The company also saw a substantial improvement in profitability, with a 88.98% increase in profit. The company's net worth Soared by an impressive increase of 20.76%.

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
29.50%
Revenue from Operations
27.09%
Total Assets
295.42%
Profit or Loss
88.98%
Net Worth
20.76%
EBITDA
298.46%

What is the Ownership and Shareholding Structure of Riddhi Corporate Services?

In 2021, Riddhi Corporate Services had a promoter holding of 71.48% and a public holding of 28.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.87 Cr

Satisfied Charges

₹5.49 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.87 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2021Axis Bank Limited₹7.00 CrOpen
29 Jun 2021Axis Bank Limited₹3.12 CrOpen
30 Mar 2021Axis Bank Limited₹7.50 MOpen
22 Aug 2017Others₹5.49 CrSatisfied

How Many Employees Work at Riddhi Corporate Services?

Riddhi Corporate Services has a workforce of 2537 employees as of Mar 29, 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 Corporate Services, 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 Corporate Services'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 Corporate Services

Recent activity within the organization

  • Annual General Meeting

    Riddhi Corporate Services Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Riddhi Corporate Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100493332 was registered on 28 Oct 2021.

    28 Oct 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.12 Cr with Charge ID 100455150 was registered on 29 Jun 2021.

    29 Jun 2021

  • Director Appointment

    Hardikkumar Vasantbhai Bhavsar was appointed as a Cfo was appointed as a Cfo on 01 Apr 2021 & has been associated with this company since 3 years 10 months .

    01 Apr 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100438033 was registered on 30 Mar 2021.

    30 Mar 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Riddhi Corporate Services Limited was incorporated on 09 Oct 2010.

  • The authorized share capital of Riddhi Corporate Services Limited is ₹ 13.50 Cr and paid-up capital is ₹ 11.87 Cr.

  • Currently 8 directors are associated with Riddhi Corporate Services Limited.

    • Alpit Pravinchandra Gor
    • Pravinchandra Kodarlal Gor
    • Umesh Arvindbhai Bhadreswara
    • Bhavin Kiritkumar Pandya
    • Mustafa Mufaddal Bhai Sibatra
    • Hardikkumar Vasantbhai Bhavsar
    • Jashubhai M Patel
    • Kalpanaben Dipakbhai Suthar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Riddhi Corporate Services Limited is 10 Mill Officers Colony Behind Old Rbi, Ashram Road India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Riddhi Corporate Services Limited is L74140GJ2010PLC062548 and the company number is 062548 as per Ministry of Corporate Affairs (MCA).

  • Yes, Riddhi Corporate Services Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Riddhi Corporate Services Limited is https://www.riddhicorporate.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Riddhi Corporate Services Limited has risen by 29.50%.

  • As Per 2022 financial reports, 2537 employees are currently employed by Riddhi Corporate Services Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Riddhi Corporate Services Limited has experienced an upsurge of 20.76%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Riddhi Corporate Services Limited amount to ₹ 10.87 Cr.

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

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