Rithwik Automobiles Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 13 Year, 2 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 two 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
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Location
Guntur, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U50103AP2011PTC077450
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Company No.
077450
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Nov 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Rithwik Automobiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rithwik Musku
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Managing Director | 15-Nov-2011 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Karuna Musku
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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%.
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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)
₹11.84 Cr
₹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.
