Ritechoice Foundations & Engineering Private Limited

Constructs residential, commercial, and industrial projects with over 1 million sq ft of experience.

1992 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Ritechoice Foundations & Engineering Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 2.77 Cr
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 14.40 Cr
  • Revenue Growth 29.04%
  • Profit Growth 1806.97%
  • Ebitda 888.23%
  • Net Worth 2.36%
  • Total Assets -6.91%

About Ritechoice Foundations & Engineering

Ritechoice Foundations & Engineering Private Limited (RFEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 1992 and has a history of 32 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Ritechoice Foundations & Engineering Limited. The Company is engaged in the Real Estate And Construction 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 6.00 Cr and a paid-up capital of Rs 2.77 Cr.

The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹14.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sridhar Sujatha, Krishnamurthy Sridhar, and Sridhar Vinodh serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70101TN1992PTC023304

  • Company No.

    023304

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction
Company report

Ritechoice Foundations & Engineering Private Limited

Explore comprehensive data for Ritechoice Foundations & Engineering Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ritechoice Foundations & Engineering?

Board Members (3)

NameDesignationAppointment DateStatus
Sridhar Sujatha Country flag representing In Director 30-Jun-1998Current
Krishnamurthy Sridhar Country flag representing In Director 20-Dec-1999Current
Sridhar Vinodh Country flag representing In Director 22-May-2003Current

Financial Performance of Ritechoice Foundations & Engineering.

Ritechoice Foundations & Engineering Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.04% increase. The company also saw a substantial improvement in profitability, with a 1806.97% increase in profit. The company's net worth moved up by a moderate rise of 2.36%.

Ritechoice Foundations & Engineering revenue growth over time
Ritechoice Foundations & Engineering 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
29.04%
Revenue from Operations
31.79%
Total Assets
-6.91%
Profit or Loss
1806.97%
Net Worth
2.36%
EBITDA
888.23%

What is the Ownership and Shareholding Structure of Ritechoice Foundations & Engineering?

Unlock access to Ritechoice Foundations & Engineering's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.00 Cr

Satisfied Charges

₹14.40 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Feb 2024State Bank Of India₹7.00 CrOpen
23 Sep 2014State Bank Of India₹9.25 CrSatisfied
31 Jul 2008Vijaya Bank₹2.00 CrSatisfied
30 Jun 2005Vijaya Bank₹1.50 CrSatisfied
17 Mar 2004Vijaya Bank₹1.65 CrSatisfied

How Many Employees Work at Ritechoice Foundations & Engineering?

Unlock and access historical data on people associated with Ritechoice Foundations & Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Ritechoice Foundations & Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ritechoice Foundations & Engineering, 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 Ritechoice Foundations & Engineering's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Ritechoice Foundations & Engineering

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.00 Cr with Charge ID 100861047 was registered on 02 Feb 2024.

  • Annual General Meeting

    Ritechoice Foundations & Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 23 Sep 2014 via Charge ID 10523470 with State Bank Of India was fully satisfied on 21 Apr 2023.

  • Charges

    A charge registered on 17 Mar 2004 via Charge ID 90306723 with Vijaya Bank was fully satisfied on 21 Apr 2023.

  • Balance Sheet

    Ritechoice Foundations & Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge registered on 31 Jul 2008 via Charge ID 10118008 with Vijaya Bank was fully satisfied on 24 Nov 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Ritechoice Foundations & Engineering Private Limited?

    Ritechoice Foundations & Engineering Private Limited was incorporated on 19 Aug 1992.

  • What is authorized share capital and paid-up capital of Ritechoice Foundations & Engineering Private Limited?

    The authorized share capital of Ritechoice Foundations & Engineering Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 2.77 Cr.

  • Who are the current board members & directors of Ritechoice Foundations & Engineering Private Limited?

    Currently 3 directors are associated with Ritechoice Foundations & Engineering Private Limited.

    • Sridhar Sujatha
    • Krishnamurthy Cadavasal Sridhar
    • Sridhar Kadavasal Vinodh
  • What is the registered address of Ritechoice Foundations & Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ritechoice Foundations & Engineering Private Limited is No 25 I Main Roadkasturba Nagar Adyar India, Chennai, Tamil Nadu, 600020.

  • What is the corporate identification number (CIN) and company number of Ritechoice Foundations & Engineering Private Limited?

    The corporate identification number (CIN) of Ritechoice Foundations & Engineering Private Limited is U70101TN1992PTC023304 and the company number is 023304 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ritechoice Foundations & Engineering Private Limited?

    The Official website of Ritechoice Foundations & Engineering Private Limited is https://www.ritechoiceengineering.com

  • What has been the recent revenue trend for Ritechoice Foundations & Engineering Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ritechoice Foundations & Engineering Private Limited has risen by 29.04%.

  • What change has been observed in the net worth of Ritechoice Foundations & Engineering Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Ritechoice Foundations & Engineering Private Limited has experienced an upsurge of 2.36%.

  • What are the total open charges for Ritechoice Foundations & Engineering Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Ritechoice Foundations & Engineering Private Limited amount to ₹ 7.00 Cr.

  • When was the last Balance Sheet of Ritechoice Foundations & Engineering Private Limited filed with the ROC?

    The most recent Balance Sheet for Ritechoice Foundations & Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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