Rightways Corporation Profile
Key Indicators
- Authorised Capital ₹ 9.50 M
- Paid Up Capital ₹ 9.50 M
- Company Age 12 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.58 Cr
- Satisfied Charges ₹ 3.33 Cr
- Revenue Growth 1.08%
- Profit Growth 131.90%
- Ebitda 124.18%
- Net Worth 41.62%
- Total Assets 12.65%
About Rightways Corporation
Rightways Corporation Private Limited (RCPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 August 2012 and has a history of 12 years and six months. Its registered office is in Jaipur, Rajasthan, 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 2023. It's a company limited by shares with an authorized capital of Rs 9.50 M and a paid-up capital of Rs 9.50 M.
The company currently has active open charges totaling ₹6.58 Cr. The company has closed loans amounting to ₹3.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
Navneet Malhotra, Karan Malhotra, Dhruv Malhotra, and Three other members serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50300RJ2012PTC039743
- Company No.
039743
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Aug 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
What products or services does Rightways Corporation Private Limited offer?
Rightways Corporation Private Limited offers a wide range of products and services, including Bathroom Accessories, Bathroom Cabinet, Bathroom Vanity.
Who are the key members and board of directors at Rightways Corporation?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vaishali Malhotra  | Director | 20-Nov-2014 | Current |
| Navneet Malhotra | Director | 09-Aug-2012 | Current |
| Karan Malhotra | Director | 20-Nov-2014 | Current |
| Dhruv Malhotra | Director | 20-Nov-2014 | Current |
| Palack Gosain | Additional Director | 01-Aug-2023 | Current |
| Ritu Malhotra | Director | 09-Aug-2012 | Current |
Financial Performance of Rightways Corporation.
Rightways Corporation Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.08% increase. The company also saw a substantial improvement in profitability, with a 131.9% increase in profit. The company's net worth Soared by an impressive increase of 41.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Rightways Corporation?
In 2023, Rightways Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rightways Furnitech Private LimitedDhruv Malhotra and Palack Gosain are mutual person
Charges (Loans)
₹65.80 M
₹33.30 M
Charges Breakdown by Lending Institutions
- Others : 3.63 Cr
- Axis Bank Limited : 2.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2024 | Others | ₹1.10 Cr | Open |
| 11 Mar 2024 | Others | ₹2.53 Cr | Open |
| 26 May 2023 | Axis Bank Limited | ₹5.00 M | Open |
| 17 Jun 2022 | Axis Bank Limited | ₹1.45 Cr | Open |
| 26 May 2022 | Axis Bank Limited | ₹1.00 Cr | Open |
How Many Employees Work at Rightways Corporation?
Rightways Corporation has a workforce of 12 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rightways Corporation, 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 Rightways Corporation'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.