Rithwik Automobiles Private Limited
Trading commercial vehicles and has a dealer ship with Honda since 2011 in Guntur, AP.
2011 | Guntur, Andhra Pradesh (India) | Active
Rithwik Automobiles Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 13 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.84 Cr
- Satisfied Charges ₹ 1.50 M
- Revenue Growth 18.96%
- Profit Growth 22.02%
- Ebitda -33.38%
- Net Worth 10.40%
- Total Assets 13.18%
About Rithwik Automobiles
Rithwik Automobiles Private Limited (RAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 November 2011 and has a history of 13 years and three months. Its registered office is in Guntur, Andhra Pradesh, India.
The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹11.84 Cr. The company has closed loans amounting to ₹1.50 M, as per Ministry of Corporate Affairs (MCA) records.
Rithwik Musku and Karuna Musku serve as directors at the Company.
Company Details
- Location
Guntur, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50103AP2011PTC077450
- Company No.
077450
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Nov 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Automotive
Rithwik Automobiles Private Limited
Explore comprehensive data for Rithwik Automobiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rithwik Automobiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rithwik Musku  | Managing Director | 15-Nov-2011 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Karuna Musku | Director | 24-Dec-2011 | Current |
Financial Performance of Rithwik Automobiles.
Rithwik Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.96% increase. The company also saw a substantial improvement in profitability, with a 22.02% increase in profit. The company's net worth Soared by an impressive increase of 10.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rithwik Automobiles?
In 2023, Rithwik Automobiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹11.84 Cr
Satisfied Charges
₹0.15 Cr
Charges Breakdown by Lending Institutions
- Others : 7.04 Cr
- State Bank Of India : 4.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2023 | Others | ₹7.00 Cr | Open |
| 17 Jun 2023 | Others | ₹0.43 M | Open |
| 20 Mar 2013 | State Bank Of India | ₹4.80 Cr | Open |
| 17 Oct 2012 | City Union Bank Limited | ₹1.50 M | Satisfied |
How Many Employees Work at Rithwik Automobiles?
Rithwik Automobiles has a workforce of 82 employees as of Mar 31, 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 Rithwik Automobiles, 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 Rithwik Automobiles'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 Rithwik Automobiles
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100822771 was registered on 05 Dec 2023.
- Annual General Meeting
Rithwik Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.04 Cr with Charge ID 100744308 was registered on 17 Jun 2023.
- Balance Sheet
Rithwik Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge with State Bank Of India of Rs. 4.80 Cr registered on 20 Mar 2013 with Charge ID 10414259 was modified on 20 Mar 2014.
- Charges
A charge with State Bank Of India amounted to Rs. 4.80 Cr with Charge ID 10414259 was registered on 20 Mar 2013.
Frequently asked questions
What is the Incorporation or founding date of Rithwik Automobiles Private Limited?
Rithwik Automobiles Private Limited was incorporated on 15 Nov 2011.
What is authorized share capital and paid-up capital of Rithwik Automobiles Private Limited?
The authorized share capital of Rithwik Automobiles Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Rithwik Automobiles Private Limited?
Currently 2 directors are associated with Rithwik Automobiles Private Limited.
- Rithwik Reddy Musku
- Karuna Reddy Musku
What is the registered address of Rithwik Automobiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rithwik Automobiles Private Limited is Dr.No. 6-19-7 Bapaiah Bhavan 18Th Line, Arundelpet India, Guntur, Andhra Pradesh, 522002.
What is the corporate identification number (CIN) and company number of Rithwik Automobiles Private Limited?
The corporate identification number (CIN) of Rithwik Automobiles Private Limited is U50103AP2011PTC077450 and the company number is 077450 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Rithwik Automobiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rithwik Automobiles Private Limited has risen by 18.96%.
How many employees does Rithwik Automobiles Private Limited currently have?
As Per 2023 financial reports, 82 employees are currently employed by Rithwik Automobiles Private Limited.
What change has been observed in the net worth of Rithwik Automobiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rithwik Automobiles Private Limited has experienced an upsurge of 10.40%.
What are the total open charges for Rithwik Automobiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rithwik Automobiles Private Limited amount to ₹ 11.84 Cr.
When was the last Balance Sheet of Rithwik Automobiles Private Limited filed with the ROC?
The most recent Balance Sheet for Rithwik Automobiles Private Limited was filed with the ROC on 31 Mar 2023.
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