Right Tight Fastners Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 56.76 Cr
- Company Age 45 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 450.46 Cr
- Satisfied Charges ₹ 252.13 Cr
- Revenue Growth 19.63%
- Profit Growth 126.09%
- Ebitda 21.70%
- Net Worth 25.87%
- Total Assets 33.41%
About Right Tight Fastners
Right Tight Fastners Private Limited (RTFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 May 1979 and has a history of 45 years and ten months. Its registered office is in Mumbai, Maharashtra, 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 60.00 Cr and a paid-up capital of Rs 56.76 Cr.
The company currently has active open charges totaling ₹450.46 Cr. The company has closed loans amounting to ₹252.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Right Tight Fastners Private Limited India is Lalit Bhanu as COMPANY SECRETARY. Amarjeetsingh Chhabra, Balbirsingh Chhabra, and Amolaksingh Chhabra 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
U28991MH1979PTC021250
- Company No.
021250
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 May 1979
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Right Tight Fastners Private Limited offer?
Right Tight Fastners Private Limited offers a wide range of products and services, including Alloy, Metal and Industrial Nuts, Lock Nut, Nuts, Forged Nuts, Alloy, Metal and Machine Screws, Screws, Automotive Nuts.
Who are the key members and board of directors at Right Tight Fastners?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balbirsingh Chhabra  | Managing Director | 01-May-1979 | Current |
| Lalit Bhanu | Company Secretary | 10-Jul-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amarjeetsingh Chhabra | Director | 14-Dec-1994 | Current |
| Amolaksingh Chhabra | Director | 14-Dec-1994 | Current |
Financial Performance of Right Tight Fastners.
Right Tight Fastners Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 19.63% increase. The company also saw a substantial improvement in profitability, with a 126.09% increase in profit. The company's net worth Soared by an impressive increase of 25.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Right Tight Fastners?
In 2024, Right Tight Fastners had a promoter holding of 90.88% and a public holding of 9.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nashik Engineering ClusterBalbirsingh Chhabra is a mutual person
Shreem Fibrotech Private LimitedAmarjeetsingh Chhabra, Balbirsingh Chhabra and 1 more are mutual person
- Ark Auto Wheels Private Limited
Amarjeetsingh Chhabra is a mutual person
- Right Techno Force Private Limited
Amarjeetsingh Chhabra, Balbirsingh Chhabra and 1 more are mutual person
- Shreeji Coaters Private Limited
Amolaksingh Chhabra is a mutual person
Charges (Loans)
Open Charges
₹450.46 Cr
Satisfied Charges
₹252.13 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 241.44 Cr
- Hdfc Bank Limited : 114.02 Cr
- Others : 49.00 Cr
- Citi Bank N.A. : 46.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2023 | Others | ₹10.00 Cr | Open |
| 22 Jun 2023 | Others | ₹39.00 Cr | Open |
| 05 Jun 2023 | Hdfc Bank Limited | ₹1.86 Cr | Open |
| 12 May 2023 | Hdfc Bank Limited | ₹1.39 Cr | Open |
| 12 May 2023 | Hdfc Bank Limited | ₹1.39 Cr | Open |
How Many Employees Work at Right Tight Fastners?
Right Tight Fastners has a workforce of 506 employees as of Dec 24, 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 Right Tight Fastners, 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 Right Tight Fastners'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 Right Tight Fastners
Recent activity within the organization
- Annual General Meeting
Right Tight Fastners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 13 Jul 2018 via Charge ID 100234522 with Hdfc Bank Limited was fully satisfied on 13 Aug 2024.
- Charges
A charge registered on 15 Feb 2018 via Charge ID 100191085 with Hdfc Bank Limited was fully satisfied on 13 Aug 2024.
- Charges
A charge registered on 13 Apr 2022 via Charge ID 100569826 with Others was fully satisfied on 29 Jul 2024.
- Charges
A charge registered on 02 May 2019 via Charge ID 100265016 with Hdfc Bank Limited was fully satisfied on 26 Jul 2024.
- Charges
A charge registered on 10 May 2018 via Charge ID 100191089 with Hdfc Bank Limited was fully satisfied on 26 Jul 2024.
Frequently asked questions
What is the Incorporation or founding date of Right Tight Fastners Private Limited?
Right Tight Fastners Private Limited was incorporated on 01 May 1979.
What is authorized share capital and paid-up capital of Right Tight Fastners Private Limited?
The authorized share capital of Right Tight Fastners Private Limited is ₹ 60.00 Cr and paid-up capital is ₹ 56.76 Cr.
Who are the current board members & directors of Right Tight Fastners Private Limited?
Currently 4 directors are associated with Right Tight Fastners Private Limited.
- Amarjeetsingh Balwantsingh Chhabra
- Balbirsingh Balwantsingh Chhabra
- Amolaksingh Balwantsingh Chhabra
- Lalit Avinash Bhanu
What is the registered address of Right Tight Fastners Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Right Tight Fastners Private Limited is Office No. 112 Bhaveshwar Arcade Annexe Near Shreyas Cinema, Ghatkopar West India, Mumbai, Maharashtra, 400086.
What is the corporate identification number (CIN) and company number of Right Tight Fastners Private Limited?
The corporate identification number (CIN) of Right Tight Fastners Private Limited is U28991MH1979PTC021250 and the company number is 021250 as per Ministry of Corporate Affairs (MCA).
What is the official website of Right Tight Fastners Private Limited?
The Official website of Right Tight Fastners Private Limited is https://www.rtfpl.com
What has been the recent revenue trend for Right Tight Fastners Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Right Tight Fastners Private Limited has risen by 19.63%.
How many employees does Right Tight Fastners Private Limited currently have?
As Per 2024 financial reports, 506 employees are currently employed by Right Tight Fastners Private Limited.
What change has been observed in the net worth of Right Tight Fastners Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Right Tight Fastners Private Limited has experienced an upsurge of 25.87%.
What are the total open charges for Right Tight Fastners Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Right Tight Fastners Private Limited amount to ₹ 450.46 Cr.
When was the last Balance Sheet of Right Tight Fastners Private Limited filed with the ROC?
The most recent Balance Sheet for Right Tight Fastners Private Limited was filed with the ROC on 31 Mar 2024.
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