Ritesh Tradefin Ltd
Manufactures sponge iron and steel products with 15,000 MTPA capacity in Durgapur, West Bengal.
1993 | Kolkata, West Bengal (India) | Active
Ritesh Tradefin Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.99 Cr
- Company Age 32 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 29.19 Cr
- Satisfied Charges ₹ 61.10 Cr
- Revenue Growth 65.08%
- Profit Growth 18.44%
- Ebitda 18.61%
- Net Worth 7.34%
- Total Assets 25.83%
About Ritesh Tradefin
Ritesh Tradefin Ltd (RTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 January 1993 and has a history of 32 years and two months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Ritesh Tradefin Private Limited. The Company is engaged in the Metals And Minerals 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 5.99 Cr.
The company currently has active open charges totaling ₹29.19 Cr. The company has closed loans amounting to ₹61.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pawan Agarwal, Naresh Agarwal, Ritesh Agrawal, and One other member serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999WB1993PLC057424
- Company No.
057424
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Jan 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Metals and Minerals
What products or services does Ritesh Tradefin Ltd offer?
Ritesh Tradefin Ltd offers a wide range of products and services, including Minerals and Ores, Iron Ore, Metal Channels, MS Channel, Steel Products, MS Ingots, TMT Bars, TMT Steel Bars, Metal Angles, Mild Steel Angle.
Who are the key members and board of directors at Ritesh Tradefin?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pawan Agarwal  | Director | 10-Aug-1999 | Current |
| Naresh Agarwal | Director | 08-Jan-1993 | Current |
| Ritesh Agrawal | Director | 10-Aug-1999 | Current |
| Shankar Agrawal | Director | 08-Jan-1993 | Current |
Financial Performance of Ritesh Tradefin.
Ritesh Tradefin Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 65.08% increase. The company also saw a substantial improvement in profitability, with a 18.44% increase in profit. The company's net worth moved up by a moderate rise of 7.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ritesh Tradefin?
In 2023, Ritesh Tradefin had a promoter holding of 26.80% and a public holding of 73.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Mb Sponge & Power Limited
Pawan Agarwal, Ritesh Agrawal and 1 more are mutual person
- Propart Vincom Pvt Ltd
Naresh Agarwal is a mutual person
- Garden Trades Pvt Ltd
Ritesh Agrawal is a mutual person
- M B Ispat Corporation Limited
Ritesh Agrawal and Shankar Agrawal are mutual person
- Siddhika Metallics Private Limited
Ritesh Agrawal is a mutual person
- Bengal Sponge Manufacturers Mining Limited
Shankar Agrawal is a mutual person
Charges (Loans)
Open Charges
₹29.19 Cr
Satisfied Charges
₹61.10 Cr
Charges Breakdown by Lending Institutions
- Others : 29.04 Cr
- Icici Bank Ltd : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2023 | Others | ₹28.09 Cr | Open |
| 29 Jul 2022 | Others | ₹1.68 M | Open |
| 30 Sep 2021 | Others | ₹7.80 M | Open |
| 01 Dec 2005 | Icici Bank Ltd | ₹1.50 M | Open |
| 18 Aug 2018 | Others | ₹8.99 M | Satisfied |
How Many Employees Work at Ritesh Tradefin?
Ritesh Tradefin has a workforce of 100 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 Tradefin, 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 Tradefin'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.
Latest Updates, News, and FAQs on Ritesh Tradefin
Recent activity within the organization
- Annual General Meeting
Ritesh Tradefin Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 27 Dec 2012 via Charge ID 10402224 with Central Bank Of India was fully satisfied on 11 Sep 2023.
- Charges
A charge registered on 27 Dec 2012 via Charge ID 10402227 with Central Bank Of India was fully satisfied on 11 Sep 2023.
- Charges
A charge registered on 27 Apr 2001 via Charge ID 90252802 with Others was fully satisfied on 11 Sep 2023.
- Charges
A charge with Others amounted to Rs. 28.09 Cr with Charge ID 100748506 was registered on 23 Jun 2023.
- Balance Sheet
Ritesh Tradefin Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
Frequently asked questions
What is the Incorporation or founding date of Ritesh Tradefin Ltd?
Ritesh Tradefin Ltd was incorporated on 08 Jan 1993.
What is authorized share capital and paid-up capital of Ritesh Tradefin Ltd?
The authorized share capital of Ritesh Tradefin Ltd is ₹ 6.00 Cr and paid-up capital is ₹ 5.99 Cr.
Who are the current board members & directors of Ritesh Tradefin Ltd?
Currently 4 directors are associated with Ritesh Tradefin Ltd.
- Pawan Kumar Agarwal
- Naresh Kumar Agarwal
- Ritesh Kumar Agrawal
- Shankar Lal Agrawal
What is the registered address of Ritesh Tradefin Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Ritesh Tradefin Ltd is 21 Hemant Basu Sarani R No 42 India, Kolkata, West Bengal, 700001.
What is the corporate identification number (CIN) and company number of Ritesh Tradefin Ltd?
The corporate identification number (CIN) of Ritesh Tradefin Ltd is U65999WB1993PLC057424 and the company number is 057424 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Ritesh Tradefin Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Ritesh Tradefin Ltd has risen by 65.08%.
How many employees does Ritesh Tradefin Ltd currently have?
As Per 2023 financial reports, 100 employees are currently employed by Ritesh Tradefin Ltd.
What change has been observed in the net worth of Ritesh Tradefin Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ritesh Tradefin Ltd has experienced an upsurge of 7.34%.
What are the total open charges for Ritesh Tradefin Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Ritesh Tradefin Ltd amount to ₹ 29.19 Cr.
When was the last Balance Sheet of Ritesh Tradefin Ltd filed with the ROC?
The most recent Balance Sheet for Ritesh Tradefin Ltd was filed with the ROC on 31 Mar 2023.