Ritesh International Limited

Produces stearic acid, refined glycerin, and fatty acid for various industries.

1981 | Sangrur, Punjab (India) | Active
Last Updated:

Ritesh International Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.55 Cr
  • Company Age 43 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 22.80 Cr
  • Revenue Growth -9.80%
  • Profit Growth -70.47%
  • Ebitda -44.78%
  • Net Worth 7.67%
  • Total Assets -11.84%

About Ritesh International

Ritesh International Limited (RIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 November 1981 and has a history of 43 years and five months. Its registered office is in Sangrur, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 519097.

The Corporate was formerly known as Sukhchain & Company Pvt Ltd. The Company is engaged in the Chemicals And Materials 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 10.00 Cr and a paid-up capital of Rs 8.55 Cr.

The company currently has active open charges totaling ₹8.00 Cr. The company has closed loans amounting to ₹22.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ritesh International Limited India are Neha Bedi as COMPANY SECRETARY and Rijul Arora as Cfo. Ritesh Arora, Komal Bhalla, Rijul Arora, and Two other members serve as directors at the Company.

Company Details

  • Location

    Sangrur, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15142PB1981PLC004736

  • Company No.

    004736

  • Stock Symbol

    BSE : 519097

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Nov 1981

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Chemicals and Materials

What products or services does Ritesh International Limited offer?

Ritesh International Limited offers a wide range of products and services, including Ladies Dresses, Apparels & Clothings, Ladies T-Shirts, Sports Wear & Athletic Accessories, Tracksuits, Men T-Shirts, Men Casual T Shirt, Winter Wear & Accessories, Winter Wear, Girls T-Shirt, Men Designer T-Shirt.

Company report

Ritesh International Limited

Explore comprehensive data for Ritesh International Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ritesh International?

Executive Team (3)

NameDesignationAppointment DateStatus
Ritesh Arora Country flag representing In Managing Director18-Jun-2009Current
Neha Bedi Country flag representing In Company Secretary14-Mar-2020Current
Rijul Arora Country flag representing In CFO01-Nov-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Komal Bhalla Country flag representing In Director 30-Apr-2021Current
Rijul Arora Country flag representing In Whole-Time Director and Cfo 31-Mar-2016Current
Kajal Rai Country flag representing In Director 01-Oct-2020Current
Sharon Arora Country flag representing In Director 23-Jan-2024Current

Financial Performance of Ritesh International.

Ritesh International Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.8% decrease. The company also saw a substantial fall in profitability, with a 70.47% decrease in profit. The company's net worth moved up by a moderate rise of 7.67%.

Ritesh International revenue growth over time
Ritesh International 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
-9.80%
Revenue from Operations
-9.84%
Total Assets
-11.84%
Profit or Loss
-70.47%
Net Worth
7.67%
EBITDA
-44.78%

What is the Ownership and Shareholding Structure of Ritesh International?

In 2022, Ritesh International had a promoter holding of 50.66% and a public holding of 49.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.00 Cr

Satisfied Charges

₹22.80 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jul 2023Others₹8.00 CrOpen
09 Dec 2021Indian Bank₹6.03 MSatisfied
28 Jul 2020Others₹4.10 MSatisfied
01 Jun 2020Others₹4.00 MSatisfied
08 Oct 2007Indian Bank₹6.00 CrSatisfied

How Many Employees Work at Ritesh International?

Ritesh International has a workforce of 42 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.

Employee growth trends for Ritesh International Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ritesh International, 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 Ritesh International'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 Ritesh International

Recent activity within the organization

  • Director Appointment

    Sharon Arora was appointed as a Director was appointed as a Director on 23 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Annual General Meeting

    Ritesh International Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 08 Oct 2007 via Charge ID 10076120 with Indian Bank was fully satisfied on 25 Aug 2023.

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100762856 was registered on 14 Jul 2023.

  • Charges

    A charge registered on 09 Dec 2021 via Charge ID 100530431 with Indian Bank was fully satisfied on 02 Jun 2023.

  • Balance Sheet

    Ritesh International Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

Frequently asked questions

  • What is the Incorporation or founding date of Ritesh International Limited?

    Ritesh International Limited was incorporated on 30 Nov 1981.

  • What is authorized share capital and paid-up capital of Ritesh International Limited?

    The authorized share capital of Ritesh International Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.55 Cr.

  • Who are the current board members & directors of Ritesh International Limited?

    Currently 7 directors are associated with Ritesh International Limited.

    • Ritesh Arora
    • Neha Bedi
    • Komal Bhalla
    • Rijul Arora
    • Kajal Rai
    • Rijul Arora
    • Sharon Arora

  • What is the registered address of Ritesh International Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ritesh International Limited is Momnabad Road Village Akbarpura, Ahmedgarh, Punjab, India, 148021.

  • What is the corporate identification number (CIN) and company number of Ritesh International Limited?

    The corporate identification number (CIN) of Ritesh International Limited is L15142PB1981PLC004736 and the company number is 004736 as per Ministry of Corporate Affairs (MCA).

  • Is Ritesh International Limited registered with any stock exchange in India?

    Yes, Ritesh International Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Ritesh International Limited?

    The Official website of Ritesh International Limited is https://www.riteshinternationalltd.com

  • What has been the recent revenue trend for Ritesh International Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ritesh International Limited has fallen by -9.80%.

  • How many employees does Ritesh International Limited currently have?

    As Per 2023 financial reports, 42 employees are currently employed by Ritesh International Limited.

  • What change has been observed in the net worth of Ritesh International Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ritesh International Limited has experienced an upsurge of 7.67%.

  • What are the total open charges for Ritesh International Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ritesh International Limited amount to ₹ 8.00 Cr.

  • When was the last Balance Sheet of Ritesh International Limited filed with the ROC?

    The most recent Balance Sheet for Ritesh International Limited was filed with the ROC on 31 Mar 2023.

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