Ring Plus Aqua Limited

Manufacturer of automotive components for various automobile and equipment companies, with ISO certifications.

1986 | Nashik, Maharashtra (India) | Active
Last Updated: November 16, 2024

Ring Plus Aqua Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 7.76 Cr
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 274.00 Cr
  • Satisfied Charges ₹ 272.56 Cr
  • Revenue Growth 16.83%
  • Profit Growth 0.99%
  • Ebitda 20.30%
  • Net Worth 32.28%
  • Total Assets 22.68%

About Ring Plus Aqua

Ring Plus Aqua Limited (RPAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 September 1986 and has a history of 38 years and five months. Its registered office is in Nashik, Maharashtra, India.

The Corporate was formerly known as Aqua Bearings Limited. 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 30.00 Cr and a paid-up capital of Rs 7.76 Cr.

The company currently has active open charges totaling ₹274.00 Cr. The company has closed loans amounting to ₹272.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ring Plus Aqua Limited India is Manish Kothari as CFO. Parthiv Kilachand, Ravikant Uppal, Bhuwan Chaturvedi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ringplusaqua.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1986PLC040885

  • Company No.

    040885

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 1986

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment
Automotive

What products or services does Ring Plus Aqua Limited offer?

Ring Plus Aqua Limited offers a wide range of products and services, including Conveyor Systems & Components, Idler, Pump Bearings, Water Pump Bearing, Automobile Fittings & Components, Automotive Spare Parts, Cranes, Forklift & Lifting Machines, Pulleys, Pumps, Pumping Machines & Spares, Water Pump Spare Parts.

Who are the key members and board of directors at Ring Plus Aqua?

Executive Team (1)

NameDesignationAppointment DateStatus
Manish Kothari CFO02-May-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Satishchand Mathur Country flag representing In Director 15-Sep-2021Current
Ravikant Uppal Country flag representing In Director 08-Apr-2019Current
Bhuwan Chaturvedi Country flag representing In Director 11-Aug-2010Current
Parthiv Kilachand Country flag representing In Director 20-Mar-2020Current
Balasubramanian Vishwanathan Country flag representing In Director 23-Apr-2018Current
Rashmi Mundada Country flag representing In Director 10-Mar-2023Current

Financial Performance of Ring Plus Aqua.

Ring Plus Aqua Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.83% increase. The company also saw a slight improvement in profitability, with a 0.99% increase in profit. The company's net worth Soared by an impressive increase of 32.28%.

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
16.83%
Revenue from Operations
20.12%
Total Assets
22.68%
Profit or Loss
0.99%
Net Worth
32.28%
EBITDA
20.30%

What is the Ownership and Shareholding Structure of Ring Plus Aqua?

In 2023, Ring Plus Aqua had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹274.00 Cr

Satisfied Charges

₹272.56 Cr

Charges Breakdown by Lending Institutions

  • Others : 200.00 Cr
  • State Bank Of India : 54.30 Cr
  • Hdfc Bank Limited : 19.70 Cr

Latest Charge Details

DateLenderAmountStatus
04 Mar 2024Others₹200.00 CrOpen
20 Jan 2023State Bank Of India₹54.30 CrOpen
23 Jun 2004Hdfc Bank Limited₹19.70 CrOpen
22 Mar 2016Others₹7.50 CrSatisfied
31 Oct 2013Indusind Bank Ltd.₹23.00 CrSatisfied

How Many Employees Work at Ring Plus Aqua?

Ring Plus Aqua has a workforce of 435 employees as of Mar 31, 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 Ring Plus Aqua, 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 Ring Plus Aqua'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 Ring Plus Aqua

Recent activity within the organization

  • Annual General Meeting

    Ring Plus Aqua Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Ring Plus Aqua Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100940807 was registered on 04 Mar 2024.

    04 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 54.30 Cr registered on 20 Jan 2023 with Charge ID 100702363 was modified on 10 Nov 2023.

    10 Nov 2023

  • Charges

    A charge registered on 09 May 2012 via Charge ID 10358380 with Axis Bank Limited was fully satisfied on 03 Nov 2023.

    03 Nov 2023

  • Director Appointment

    Rashmi Brijgopal Mundada was appointed as a Director was appointed as a Director on 10 Mar 2023 & has been associated with this company since 1 year 11 months .

    10 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Ring Plus Aqua Limited was incorporated on 11 Sep 1986.

  • The authorized share capital of Ring Plus Aqua Limited is ₹ 30.00 Cr and paid-up capital is ₹ 7.76 Cr.

  • Currently 8 directors are associated with Ring Plus Aqua Limited.

    • Parthiv Tanil Kilachand
    • Ravikant Uppal
    • Bhuwan Kumar Chaturvedi
    • Satishchand Mathur
    • Balasubramanian Vishwanathan
    • Rashmi Brijgopal Mundada
    • Shiv Surinder Kumar
    • Manish Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ring Plus Aqua Limited is D-3 4 Sinnar Taluka Audyogik Vasahat Maryadit Village Musalgoan Sinnar, India, Nasik, Maharashtra, 422112.

  • The corporate identification number (CIN) of Ring Plus Aqua Limited is U99999MH1986PLC040885 and the company number is 040885 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ring Plus Aqua Limited is https://www.ringplusaqua.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ring Plus Aqua Limited has risen by 16.83%.

  • As Per 2023 financial reports, 435 employees are currently employed by Ring Plus Aqua Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ring Plus Aqua Limited has experienced an upsurge of 32.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ring Plus Aqua Limited amount to ₹ 274.00 Cr.

  • The most recent Balance Sheet for Ring Plus Aqua Limited was filed with the ROC on 31 Mar 2024.

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