Rita Machines India Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.00 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 3.05 Cr
- Revenue Growth -10.66%
- Profit Growth -71.10%
- Ebitda 0.65%
- Net Worth 1.35%
- Total Assets -1.69%
About Rita Machines India
Rita Machines India Private Limited (RMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1995 and has a history of 29 years and ten months. Its registered office is in Punjab, Punjab, India.
The Corporate was formerly known as Rita Machines (India) 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.00 Cr.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹3.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arun Jain and Ashok Jain serve as directors at the Company.
Company Details
-
Location
Punjab, Punjab, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U29259PB1995PTC016163
-
Company No.
016163
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
03 Apr 1995
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Chandigarh
Industry
What products or services does Rita Machines India Private Limited offer?
Rita Machines India Private Limited offers a wide range of products and services, including Sewing,Knitting & Embroidery Machine, Home Sewing Machine.
Who are the key members and board of directors at Rita Machines India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Jain
|
Managing Director | 03-Apr-1995 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Arun Jain
|
Director | 29-Mar-2021 | Current |
Financial Performance of Rita Machines India.
Rita Machines India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.66% decrease. The company also saw a substantial fall in profitability, with a 71.1% decrease in profit. The company's net worth moved up by a moderate rise of 1.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Rita Machines India?
In 2023, Rita Machines India 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)
-
Rita Financial Services Private LimitedAshok Jain is a mutual person
Charges (Loans)
₹4.00 Cr
₹3.05 Cr
Charges Breakdown by Lending Institutions
- Others : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2022 | Others | ₹4.00 Cr | Open |
| 31 Mar 1998 | International Asset Reconstruction Company Private Limited | ₹7.00 M | Satisfied |
| 22 Jul 1996 | Small Industrial Dev. Bank Of India | ₹5.00 M | Satisfied |
| 03 Apr 1995 | International Asset Reconstruction Company Private Limited | ₹5.00 M | Satisfied |
| 03 Apr 1995 | International Asset Reconstruction Company Private Limited | ₹1.35 Cr | Satisfied |
How Many Employees Work at Rita Machines India?
Rita Machines India has a workforce of 13 employees as of Apr 05, 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 Rita Machines India, 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 Rita Machines India'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.
