Ritz Mercantile Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 43.87%
- Profit Growth 1541.79%
- Ebitda -20.00%
- Net Worth 1.66%
- Total Assets 1.18%
About Ritz Mercantile
Ritz Mercantile Limited (RML) is a Public Limited Indian Non-Government Company incorporated in India on 09 January 1985 and has a history of 40 years and one month. Its registered office is in Delhi, India.
The Company is engaged in the Real Estate Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ritz Mercantile Limited India are Neelam Singhvi as CFO and Madhav Mishra as Company Secretary. Garvit Singhvi, Neelam Singhvi, Shrishty Singhvi, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L52110DL1985PLC019805
- Company No.
019805
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Jan 1985
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Ritz Mercantile?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neelam Singhvi  | CFO | 30-Mar-2019 | Current |
| Madhav Mishra | Company Secretary | 04-Mar-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Garvit Singhvi | Whole-Time Director | 29-Dec-2011 | Current |
| Neelam Singhvi | Director and Cfo | 02-Jul-2002 | Current |
| Shrishty Singhvi | Director | 14-Nov-2021 | Current |
| Upendra Sahu | Director | 09-Jul-2024 | Current |
Financial Performance of Ritz Mercantile.
Ritz Mercantile Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.87% increase. The company also saw a substantial improvement in profitability, with a 1541.79% increase in profit. The company's net worth moved up by a moderate rise of 1.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Ritz Mercantile?
In 2022, Ritz Mercantile had a promoter holding of 68.53% and a public holding of 31.47%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Hamilton Distributors Pvt Ltd
Garvit Singhvi is a mutual person
- Rephcons Estates And Developers Private Limited
Garvit Singhvi is a mutual person
- Hindustan Fibres Limited (Transfer From Delhi To Rajasthan)
Garvit Singhvi is a mutual person
- Garvit Holdings Private Limited
Garvit Singhvi is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Ritz Mercantile?
Unlock and access historical data on people associated with Ritz Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ritz Mercantile, 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 Ritz Mercantile'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.
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