Rigi Cut Tools Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 44 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.36 Cr
- Satisfied Charges ₹ 15.65 Cr
- Revenue Growth 25.34%
- Profit Growth 162.12%
- Ebitda -5.30%
- Net Worth 45.50%
- Total Assets 8.83%
About Rigi Cut Tools
Rigi Cut Tools Private Limited (RCTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 November 1980 and has a history of 44 years and four months. Its registered office is in Pune, 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 7.50 M and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹6.36 Cr. The company has closed loans amounting to ₹15.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jaideep Singal and Deepa Singal serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28939MH1980PTC023428
- Company No.
023428
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Nov 1980
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Machinery and Equipment
What products or services does Rigi Cut Tools Private Limited offer?
Rigi Cut Tools Private Limited offers a wide range of products and services, including Cutting Tools & Milling Cutter, Carbide Milling Cutters, HSS Cutting Tools.
Who are the key members and board of directors at Rigi Cut Tools?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaideep Singal  | Managing Director | 01-Apr-2000 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Deepa Singal | Director | 01-Jul-2009 | Current |
Financial Performance of Rigi Cut Tools.
Rigi Cut Tools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.34% increase. The company also saw a substantial improvement in profitability, with a 162.12% increase in profit. The company's net worth Soared by an impressive increase of 45.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rigi Cut Tools?
In 2023, Rigi Cut Tools had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹63.59 M
Satisfied Charges
₹156.52 M
Charges Breakdown by Lending Institutions
- Others : 6.30 Cr
- The Maharashtra State Finance Corporation : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2023 | Others | ₹6.30 Cr | Open |
| 03 Oct 1981 | The Maharashtra State Finance Corporation | ₹0.59 M | Open |
| 31 Oct 2021 | Others | ₹4.45 Cr | Satisfied |
| 04 Feb 2014 | State Bank Of India | ₹4.50 Cr | Satisfied |
| 30 Jul 2007 | State Bank Of India | ₹0.71 M | Satisfied |
How Many Employees Work at Rigi Cut Tools?
Rigi Cut Tools has a workforce of 13 employees as of Mar 28, 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 Rigi Cut Tools, 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 Rigi Cut Tools'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 Rigi Cut Tools
Recent activity within the organization
- Annual General Meeting
Rigi Cut Tools Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Rigi Cut Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge registered on 04 Feb 2014 via Charge ID 10479655 with State Bank Of India was fully satisfied on 04 Oct 2023.
- Charges
A charge with Others amounted to Rs. 63.00 M with Charge ID 100791754 was registered on 03 Oct 2023.
- Charges
A charge registered on 31 Oct 2021 via Charge ID 100528743 with Others was fully satisfied on 06 Sep 2023.
- Charges
A charge with Others amounted to Rs. 44.50 M with Charge ID 100528743 was registered on 31 Oct 2021.
Frequently asked questions
What is the Incorporation or founding date of Rigi Cut Tools Private Limited?
Rigi Cut Tools Private Limited was incorporated on 05 Nov 1980.
What is authorized share capital and paid-up capital of Rigi Cut Tools Private Limited?
The authorized share capital of Rigi Cut Tools Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Rigi Cut Tools Private Limited?
Currently 2 directors are associated with Rigi Cut Tools Private Limited.
- Jaideep Romeshchand Singal
- Deepa Jaideep Singal
What is the registered address of Rigi Cut Tools Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rigi Cut Tools Private Limited is Plot No J-51 S Blockp B 1841 Industrial Area Bhosari Midc India, Pune, Maharashtra, 411026.
What is the corporate identification number (CIN) and company number of Rigi Cut Tools Private Limited?
The corporate identification number (CIN) of Rigi Cut Tools Private Limited is U28939MH1980PTC023428 and the company number is 023428 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rigi Cut Tools Private Limited?
The Official website of Rigi Cut Tools Private Limited is https://www.rigicuttools.com
What has been the recent revenue trend for Rigi Cut Tools Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rigi Cut Tools Private Limited has risen by 25.34%.
How many employees does Rigi Cut Tools Private Limited currently have?
As Per 2023 financial reports, 13 employees are currently employed by Rigi Cut Tools Private Limited.
What change has been observed in the net worth of Rigi Cut Tools Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rigi Cut Tools Private Limited has experienced an upsurge of 45.50%.
What are the total open charges for Rigi Cut Tools Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rigi Cut Tools Private Limited amount to ₹ 6.36 Cr.
When was the last Balance Sheet of Rigi Cut Tools Private Limited filed with the ROC?
The most recent Balance Sheet for Rigi Cut Tools Private Limited was filed with the ROC on 31 Mar 2024.
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