Riqo Foods Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
- Paid Up Capital ₹ 6.18 Cr
- Company Age 4 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.01 Cr
- Satisfied Charges ₹ 6.61 Cr
- Revenue Growth 33.25%
- Profit Growth -1992.12%
- Ebitda -12.92%
- Net Worth -13.39%
- Total Assets 2.38%
About Riqo Foods
Riqo Foods Private Limited (RFPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 July 2020 (Four years and six months 24 days old ). Its registered office is in Godavari, Andhra Pradesh, India.
The Company is engaged in the Food And Beverages 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 6.50 Cr and a paid-up capital of Rs 6.18 Cr.
The company currently has active open charges totaling ₹7.01 Cr. The company has closed loans amounting to ₹6.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Riqo Foods Private Limited India is Rohan Gutta as CEO. Prabhukishore Gutta, Rohan Gutta, and Komaleeswari Ayneni serve as directors at the Company.
Company Details
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Location
Godavari, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U15490AP2020PTC115008
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Company No.
115008
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Jul 2020
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Riqo Foods?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohan Gutta
|
Managing Director | 17-Jul-2020 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Prabhukishore Gutta
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Whole-Time Director | 17-Jul-2020 | Current |
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Komaleeswari Ayneni
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Whole-Time Director | 17-Jul-2020 | Current |
Financial Performance of Riqo Foods.
Riqo Foods Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.25% increase. The company also saw a substantial fall in profitability, with a 1992.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.39%.
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What is the Ownership and Shareholding Structure of Riqo Foods?
In 2023, Riqo Foods 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)
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Mileenergy Technologies Private LimitedPrabhukishore Gutta and Rohan Gutta are mutual person
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Feastbell Foods LlpPrabhukishore Gutta and Rohan Gutta are mutual person
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Acorn Gourmet Private Limited
Rohan Gutta is a mutual person
Charges (Loans)
₹7.01 Cr
₹6.61 Cr
Charges Breakdown by Lending Institutions
- Others : 7.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2022 | Others | ₹7.01 Cr | Open |
| 28 Oct 2021 | Sidbi | ₹8.57 M | Satisfied |
| 25 Jan 2021 | Sidbi | ₹5.75 Cr | Satisfied |
How Many Employees Work at Riqo Foods?
Riqo Foods has a workforce of 59 employees as of Apr 08, 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 Riqo Foods, 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 Riqo Foods'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.