Rites & Jones Petrochemicals Private Limited

Produces and sells lubricants, greases, coolants, and brake oils under the brand 'Euroils' through online portal.

2011 | New Delhi, Delhi (India) | Active
Last Updated: July 28, 2024

Rites & Jones Petrochemicals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.64 M
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.72 Cr
  • Satisfied Charges ₹ 1.71 Cr
  • Revenue Growth 0.09%
  • Profit Growth -81.19%
  • Ebitda -24.21%
  • Net Worth 0.76%
  • Total Assets -7.89%

About Rites & Jones Petrochemicals

Rites & Jones Petrochemicals Private Limited (RJPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 2011 and has a history of 13 years and four months. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Energy And Power 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 1.00 Cr and a paid-up capital of Rs 5.64 M.

The company currently has active open charges totaling ₹8.72 Cr. The company has closed loans amounting to ₹1.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rakesh Agarwal and Manju Agarwal serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50400DL2011PTC224955

  • Company No.

    224955

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

What products or services does Rites & Jones Petrochemicals Private Limited offer?

Rites & Jones Petrochemicals Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Coolant Oils, Cutting Oils, Neat Cutting Oil.

Who are the key members and board of directors at Rites & Jones Petrochemicals?

Board Members (2)

Name Designation Appointment Date Status
Rakesh Agarwal Country flag representing In Director 12-Sep-2011 Current
Manju Agarwal Country flag representing In Additional Director 11-Apr-2024 Current

Financial Performance of Rites & Jones Petrochemicals.

Rites & Jones Petrochemicals Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.09% increase. The company also saw a substantial fall in profitability, with a 81.19% decrease in profit. The company's net worth moved up by a moderate rise of 0.76%.

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
0.09%
Revenue from Operations
-0.90%
Total Assets
-7.89%
Profit or Loss
-81.19%
Net Worth
0.76%
EBITDA
-24.21%

What is the Ownership and Shareholding Structure of Rites & Jones Petrochemicals?

In 2023, Rites & Jones Petrochemicals had a promoter holding of 86.99% and a public holding of 13.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.72 Cr

Satisfied Charges

₹1.71 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 4.00 Cr
  • Others : 4.00 Cr
  • Hdfc Bank Limited : 0.40 Cr
  • Axis Bank Limited : 0.32 Cr

Latest Charge Details

Date Lender Amount Status
26 Feb 2024 Others ₹4.00 Cr Open
20 Feb 2023 Axis Bank Limited ₹3.20 M Open
23 Nov 2021 Yes Bank Limited ₹4.00 Cr Open
23 Nov 2020 Hdfc Bank Limited ₹1.10 M Open
05 Nov 2015 Hdfc Bank Limited ₹0.85 M Open

How Many Employees Work at Rites & Jones Petrochemicals?

Rites & Jones Petrochemicals has a workforce of 17 employees as of Mar 22, 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 Rites & Jones Petrochemicals, 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 Rites & Jones Petrochemicals'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 Rites & Jones Petrochemicals

Recent activity within the organization

  • Director Appointment

    Manju Devi Agarwal was appointed as a Additional Director was appointed as a Additional Director on 11 Apr 2024 & has been associated with this company since 9 months 30 days .

    11 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100885358 was registered on 26 Feb 2024.

    26 Feb 2024

  • Annual General Meeting

    Rites & Jones Petrochemicals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Rites & Jones Petrochemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100722240 was registered on 20 Feb 2023.

    20 Feb 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100511894 was registered on 23 Nov 2021.

    23 Nov 2021

Frequently asked questions

  • Rites & Jones Petrochemicals Private Limited was incorporated on 12 Sep 2011.

  • The authorized share capital of Rites & Jones Petrochemicals Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.64 M.

  • Currently 2 directors are associated with Rites & Jones Petrochemicals Private Limited.

    • Rakesh Kumar Agarwal
    • Manju Devi Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rites & Jones Petrochemicals Private Limited is A-11 Third Floor Pharma Apartment Plot No.88 I.P. Extension Patpar Ganj, New Delhi, India, 110092.

  • The corporate identification number (CIN) of Rites & Jones Petrochemicals Private Limited is U50400DL2011PTC224955 and the company number is 224955 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rites & Jones Petrochemicals Private Limited is https://www.euroils.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rites & Jones Petrochemicals Private Limited has risen by 0.09%.

  • As Per 2023 financial reports, 17 employees are currently employed by Rites & Jones Petrochemicals Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rites & Jones Petrochemicals Private Limited has experienced an upsurge of 0.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rites & Jones Petrochemicals Private Limited amount to ₹ 8.72 Cr.

  • The most recent Balance Sheet for Rites & Jones Petrochemicals Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Oil & Gas Marketing Services