Ritestar Products Private Limited

This company manufactures and distributes a wide range of consumer goods, including food, cosmetics, and medical products.

2020 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 01, 2024

Ritestar Products Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.08 Cr
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -73.54%
  • Profit Growth 63.93%
  • Ebitda 75.73%
  • Net Worth -45.24%
  • Total Assets -4.17%

About Ritestar Products

Ritestar Products Private Limited (RPPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 May 2020 (Four years and eight months 12 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Trading 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 3.00 Cr and a paid-up capital of Rs 2.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kishanchand Karamchandani and Jayraj Karamchandani serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24239GJ2020PTC113592

  • Company No.

    113592

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 May 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Trading

Who are the key members and board of directors at Ritestar Products?

Board Members (2)

NameDesignationAppointment DateStatus
Kishanchand Karamchandani Country flag representing In Director 20-May-2020Current
Jayraj Karamchandani Country flag representing In Director 20-May-2020Current

Financial Performance of Ritestar Products.

Ritestar Products Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 73.54% decrease. The company also saw a substantial improvement in profitability, with a 63.93% increase in profit. The company's net worth observed a substantial decline by a decrease of 45.24%.

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
-73.54%
Revenue from Operations
-73.54%
Total Assets
-4.17%
Profit or Loss
63.93%
Net Worth
-45.24%
EBITDA
75.73%

What is the Ownership and Shareholding Structure of Ritestar Products?

In 2023, Ritestar Products had a public holding of 4.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ritestar Products?

Ritestar Products has a workforce of 0 employees as of Apr 06, 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 Ritestar Products, 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 Ritestar Products'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 Ritestar Products

Recent activity within the organization

  • Annual General Meeting

    Ritestar Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ritestar Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Kishanchand Asandas Karamchandani was appointed as a Director was appointed as a Director on 20 May 2020 & has been associated with this company since 4 years 8 months .

    20 May 2020

  • Director Appointment

    Jayraj Asandas Karamchandani was appointed as a Director was appointed as a Director on 20 May 2020 & has been associated with this company since 4 years 8 months .

    20 May 2020

  • Company Incorporation

    Ritestar Products Private Limited was registered on 20 May 2020 with Roc Ahmedabad & aged 4 years 8 months as per MCA records.

    20 May 2020

Frequently asked questions

  • Ritestar Products Private Limited was incorporated on 20 May 2020.

  • The authorized share capital of Ritestar Products Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.08 Cr.

  • Currently 2 directors are associated with Ritestar Products Private Limited.

    • Kishanchand Asandas Karamchandani
    • Jayraj Asandas Karamchandani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ritestar Products Private Limited is 1107 11Th Floor Times Square 1 Opp. Rambaug Nr.Ravija Plaza Thaltej – Shilaj Road, India, Ahmedbad, Gujarat, 380059.

  • The corporate identification number (CIN) of Ritestar Products Private Limited is U24239GJ2020PTC113592 and the company number is 113592 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ritestar Products Private Limited is https://www.hyfunfoods.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ritestar Products Private Limited has fallen by -73.54%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ritestar Products Private Limited has experienced an downturn of -45.24%.

  • The most recent Balance Sheet for Ritestar Products Private Limited was filed with the ROC on 31 Mar 2023.