Rishik Spinning Private Limited

This company manufactures and trades various types of yarn fibers and textiles, including natural and synthetic materials.

2014 | Gorakhpur, Uttar Pradesh (India) | Active
Last Updated: October 24, 2024

Rishik Spinning Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 5.92 M
  • Company Age 10 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 109.25 Cr
  • Satisfied Charges ₹ 20.00 Cr
  • Revenue Growth 13.53%
  • Profit Growth -65.30%
  • Ebitda -59.71%
  • Net Worth 4.67%
  • Total Assets -3.95%

About Rishik Spinning

Rishik Spinning Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 September 2014 and has a history of Ten years and four months. Its registered office is in Gorakhpur, Uttar Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 M and a paid-up capital of Rs 5.92 M.

The company currently has active open charges totaling ₹109.25 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narayan Prasad, Sweta Ajitsaria, and Vineet Ajitsaria serve as directors at the Company.

Company Details

  • Location

    Gorakhpur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17291UP2014PTC066237

  • Company No.

    066237

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Manufacturing

What products or services does Rishik Spinning Private Limited offer?

Rishik Spinning Private Limited offers a wide range of products and services, including Yarns & Threads, Polyester Yarn.

Who are the key members and board of directors at Rishik Spinning?

Board Members (3)

Name Designation Appointment Date Status
Narayan Prasad Country flag representing In Whole-Time Director 23-Sep-2014 Current
Sweta Ajitsaria Country flag representing In Director 23-Sep-2014 Current
Vineet Ajitsaria Country flag representing In Director 23-Sep-2014 Current

Financial Performance of Rishik Spinning.

Rishik Spinning Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.53% increase. The company also saw a substantial fall in profitability, with a 65.3% decrease in profit. The company's net worth moved up by a moderate rise of 4.67%.

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
13.53%
Revenue from Operations
13.32%
Total Assets
-3.95%
Profit or Loss
-65.30%
Net Worth
4.67%
EBITDA
-59.71%

What is the Ownership and Shareholding Structure of Rishik Spinning?

In 2023, Rishik Spinning had a promoter holding of 8.92% and a public holding of 91.08%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,092.50 M

Satisfied Charges

₹200.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 44.00 Cr
  • Yes Bank Limited : 34.00 Cr
  • Others : 27.25 Cr
  • State Bank Of India : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
28 Feb 2022 Hdfc Bank Limited ₹15.00 Cr Open
22 Feb 2022 Yes Bank Limited ₹10.00 Cr Open
29 Dec 2021 Yes Bank Limited ₹20.00 Cr Open
29 Dec 2021 Yes Bank Limited ₹4.00 Cr Open
23 Dec 2021 Hdfc Bank Limited ₹29.00 Cr Open

How Many Employees Work at Rishik Spinning?

Rishik Spinning has a workforce of 279 employees as of Apr 03, 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 Rishik Spinning, 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 Rishik Spinning'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 Rishik Spinning

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Rishik Spinning Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 290.00 M registered on 23 Dec 2021 with Charge ID 100519258 was modified on 30 Sep 2023.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 272.50 M registered on 03 Jan 2018 with Charge ID 100151513 was modified on 30 Sep 2023.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 150.00 M registered on 28 Feb 2022 with Charge ID 100552760 was modified on 26 Aug 2022.

    26 Aug 2022

  • Charges

    A charge registered on 03 Mar 2021 via Charge ID 100424483 with Others was fully satisfied on 05 Aug 2022.

    05 Aug 2022

Frequently asked questions

  • Rishik Spinning Private Limited was incorporated on 23 Sep 2014.

  • The authorized share capital of Rishik Spinning Private Limited is ₹ 7.00 M and paid-up capital is ₹ 5.92 M.

  • Currently 3 directors are associated with Rishik Spinning Private Limited.

    • Narayan Ajitsaria Prasad
    • Sweta Ajitsaria
    • Vineet Ajitsaria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rishik Spinning Private Limited is Nakaha No. 2, Bhagwanpur India, Gorakhpur, Uttar Pradesh, 273007.

  • The corporate identification number (CIN) of Rishik Spinning Private Limited is U17291UP2014PTC066237 and the company number is 066237 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rishik Spinning Private Limited is https://www.sivantaspuntex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rishik Spinning Private Limited has risen by 13.53%.

  • As Per 2023 financial reports, 279 employees are currently employed by Rishik Spinning Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rishik Spinning Private Limited has experienced an upsurge of 4.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rishik Spinning Private Limited amount to ₹ 109.25 Cr.

  • The most recent Balance Sheet for Rishik Spinning Private Limited was filed with the ROC on 31 Mar 2024.