Rightchoice Exports Private Limited

Provides transportation, cargo, and baggage handling services, and promotes trade of textiles and garments.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated:

Rightchoice Exports Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 9.00 M
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.50 Cr
  • Revenue Growth 33.02%
  • Profit Growth -109.17%
  • Ebitda 1070.22%
  • Net Worth -0.76%
  • Total Assets -7.02%

About Rightchoice Exports

Rightchoice Exports Private Limited (REPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 April 1996 and has a history of 28 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 9.00 M and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹16.50 Cr.

Vinod Poddar, Vikas Poddar, Shikha Poddar, and One other member 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

    U51494MH1996PTC099160

  • Company No.

    099160

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Transport and Logistics

Who are the key members and board of directors at Rightchoice Exports?

Board Members (4)

NameDesignationAppointment DateStatus
Vikas Poddar Country flag representing In Director 26-Apr-1996Current
Vinod Poddar Country flag representing In Director 26-Apr-1996Current
Shikha Poddar Country flag representing In Director 12-Oct-2009Current
Nitesh Poddar Country flag representing In Director 06-May-2021Current

Financial Performance of Rightchoice Exports.

Rightchoice Exports Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.02% increase. The company also saw a substantial fall in profitability, with a 109.17% decrease in profit. The company's net worth dipped by a decrease of 0.76%.

Rightchoice Exports revenue growth over time
Rightchoice Exports 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
33.02%
Revenue from Operations
33.43%
Total Assets
-7.02%
Profit or Loss
-109.17%
Net Worth
-0.76%
EBITDA
1070.22%

What is the Ownership and Shareholding Structure of Rightchoice Exports?

In 2023, Rightchoice Exports had a public holding of 48.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹165.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 7.45 Cr
  • State Bank Of India : 4.96 Cr
  • Hdfc Bank Limited : 4.09 Cr

Latest Charge Details

DateLenderAmountStatus
02 Aug 2023Bank Of India₹6.25 CrOpen
04 Apr 2019Hdfc Bank Limited₹4.09 CrOpen
17 Sep 2013Bank Of India₹1.20 CrOpen
20 May 2010State Bank Of India₹4.96 CrOpen

How Many Employees Work at Rightchoice Exports?

Unlock and access historical data on people associated with Rightchoice Exports, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Rightchoice Exports Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rightchoice Exports, 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 Rightchoice Exports'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 Rightchoice Exports

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Rightchoice Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Bank Of India amounted to Rs. 62.50 M with Charge ID 100766960 was registered on 02 Aug 2023.

  • Director Appointment

    Nitesh Poddar was appointed as a Director was appointed as a Director on 06 May 2021 & has been associated with this company since 3 years 10 months .

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.90 M registered on 04 Apr 2019 with Charge ID 100254091 was modified on 03 Feb 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.90 M with Charge ID 100254091 was registered on 04 Apr 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Rightchoice Exports Private Limited?

    Rightchoice Exports Private Limited was incorporated on 26 Apr 1996.

  • What is authorized share capital and paid-up capital of Rightchoice Exports Private Limited?

    The authorized share capital of Rightchoice Exports Private Limited is ₹ 9.00 M and paid-up capital is ₹ 9.00 M.

  • Who are the current board members & directors of Rightchoice Exports Private Limited?

    Currently 4 directors are associated with Rightchoice Exports Private Limited.

    • Vinod Hiralal Poddar
    • Vikas Vinod Poddar
    • Shikha Vikas Poddar
    • Nitesh Poddar

  • What is the registered address of Rightchoice Exports Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rightchoice Exports Private Limited is 19 Maheshwar Niwas Tilak Roadsantacruz (W) India, Mumbai, Maharashtra, 400054.

  • What is the corporate identification number (CIN) and company number of Rightchoice Exports Private Limited?

    The corporate identification number (CIN) of Rightchoice Exports Private Limited is U51494MH1996PTC099160 and the company number is 099160 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Rightchoice Exports Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rightchoice Exports Private Limited has risen by 33.02%.

  • What change has been observed in the net worth of Rightchoice Exports Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rightchoice Exports Private Limited has experienced an downturn of -0.76%.

  • What are the total open charges for Rightchoice Exports Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rightchoice Exports Private Limited amount to ₹ 16.50 Cr.

  • When was the last Balance Sheet of Rightchoice Exports Private Limited filed with the ROC?

    The most recent Balance Sheet for Rightchoice Exports Private Limited was filed with the ROC on 31 Mar 2024.

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