Ritesh International Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.55 Cr
- Company Age 43 Year, 2 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 two 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
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.
Who are the key members and board of directors at Ritesh International?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ritesh Arora  | Managing Director | 18-Jun-2009 | Current |
| Neha Bedi | Company Secretary | 14-Mar-2020 | Current |
| Rijul Arora | CFO | 01-Nov-2018 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Komal Bhalla | Director | 30-Apr-2021 | Current |
| Rijul Arora | Whole-Time Director and Cfo | 31-Mar-2016 | Current |
| Kajal Rai | Director | 01-Oct-2020 | Current |
| Sharon Arora | Director | 23-Jan-2024 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
Bhandari Hosiery Exports LimitedKomal Bhalla is a mutual person
Kamal Oil And Allied Industries LlpRitesh Arora is a mutual person
- Declan Designers & Engineers Private Limited
Komal Bhalla is a mutual person
- Vallabh Steel North Private Limited
Komal Bhalla is a mutual person
- Paos Industries Limited
Sharon Arora is a mutual person
Charges (Loans)
₹8.00 Cr
₹22.80 Cr
Charges Breakdown by Lending Institutions
- Others : 8.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2023 | Others | ₹8.00 Cr | Open |
| 09 Dec 2021 | Indian Bank | ₹6.03 M | Satisfied |
| 28 Jul 2020 | Others | ₹4.10 M | Satisfied |
| 01 Jun 2020 | Others | ₹4.00 M | Satisfied |
| 08 Oct 2007 | Indian Bank | ₹6.00 Cr | Satisfied |
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.
Deals i
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
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.
