Riddhi Technologies Private Limited

Manufactures and sells hydraulic cylinders and related engineering products, provides reconditioning services.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 30, 2024

Riddhi Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.35 Cr
  • Satisfied Charges ₹ 1.85 Cr
  • Revenue Growth -23.54%
  • Profit Growth -72.79%
  • Ebitda -33.94%
  • Net Worth 6.43%
  • Total Assets -42.92%

About Riddhi Technologies

Riddhi Technologies Private Limited (RTPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 October 1994 and has a history of 30 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹2.35 Cr. The company has closed loans amounting to ₹1.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chirag Kotwani, Mahesh Kotwani, Kailash Kotwani, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ1994PTC023311

  • Company No.

    023311

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 1994

  • Date of AGM

    28 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Riddhi Technologies Private Limited offer?

Riddhi Technologies Private Limited offers a wide range of products and services, including Hydraulic Cylinders, Multistage Cylinder, Double-acting Hydraulic Cylinder, CNC Machined Components, CNC Components, Elevator Part, Lift Spare Part, Drilling & Boring Equipment, Drill Rods.

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

Board Members (4)

NameDesignationAppointment DateStatus
Manisha Kotwani Country flag representing In Director 01-Nov-2003Current
Chirag Kotwani Country flag representing In Director 03-Feb-2022Current
Mahesh Kotwani Country flag representing In Director 21-Jul-2003Current
Kailash Kotwani Country flag representing In Director 17-Oct-1994Current

Financial Performance of Riddhi Technologies.

Riddhi Technologies Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 23.54% decrease. The company also saw a substantial fall in profitability, with a 72.79% decrease in profit. The company's net worth moved up by a moderate rise of 6.43%.

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
-23.54%
Revenue from Operations
-23.46%
Total Assets
-42.92%
Profit or Loss
-72.79%
Net Worth
6.43%
EBITDA
-33.94%

What is the Ownership and Shareholding Structure of Riddhi Technologies?

Unlock access to Riddhi Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.35 Cr

Satisfied Charges

₹1.85 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.35 Cr

Latest Charge Details

DateLenderAmountStatus
04 May 2007Others₹2.35 CrOpen
12 Jun 2020Others₹3.50 MSatisfied
04 May 2007Corporation Bank₹1.50 CrSatisfied

How Many Employees Work at Riddhi Technologies?

Riddhi Technologies has a workforce of 17 employees as of Mar 27, 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 Technologies, 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 Technologies'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 Technologies

Recent activity within the organization

  • Annual General Meeting

    Riddhi Technologies Private Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.

    28 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Chirag Kailash Kotwani was appointed as a Director was appointed as a Director on 03 Feb 2022 & has been associated with this company since 2 years 11 months .

    03 Feb 2022

  • Charges

    A charge registered on 12 Jun 2020 via Charge ID 100350384 with Others was fully satisfied on 02 Jan 2021.

    02 Jan 2021

  • Charges

    A charge registered on 04 May 2007 via Charge ID 10057323 with Corporation Bank was fully satisfied on 02 Jan 2021.

    02 Jan 2021

  • Charges

    A charge with Others of Rs. 2.35 Cr registered on 04 May 2007 with Charge ID 10053379 was modified on 11 Dec 2020.

    11 Dec 2020

Frequently asked questions

  • Riddhi Technologies Private Limited was incorporated on 17 Oct 1994.

  • The authorized share capital of Riddhi Technologies Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 4 directors are associated with Riddhi Technologies Private Limited.

    • Chirag Kailash Kotwani
    • Mahesh Srichand Kotwani
    • Kailash Srichand Kotwani
    • Manisha Kailash Kotwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Riddhi Technologies Private Limited is 62/4, Phase-1 G I D C Vatva India, Ahmedabad, Gujarat, 382445.

  • The corporate identification number (CIN) of Riddhi Technologies Private Limited is U72200GJ1994PTC023311 and the company number is 023311 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Riddhi Technologies Private Limited is https://www.riddhiindia.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Riddhi Technologies Private Limited has fallen by -23.54%.

  • As Per 2024 financial reports, 17 employees are currently employed by Riddhi Technologies Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Riddhi Technologies Private Limited has experienced an upsurge of 6.43%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Riddhi Technologies Private Limited amount to ₹ 2.35 Cr.

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