MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-UP-59-0002016
Rich Approach Private Limited
Rich Approach Private Limited - e-commerce in Moradabad, Uttar Pradesh, India. Directors, charges & compliance details.
Revenue · FY 2023
₹40.52 Lakh
▼ 21% YoY
Net profit · FY 2023
₹68,660
Net margin 1.7%
EBITDA · FY 2023
₹68,660
EBITDA margin 1.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date
About Rich Approach Private Limited
Data last updated:
Rich Approach Private Limited is a private limited company based in Moradabad, Uttar Pradesh, India. It operates in the online retail and e-commerce segment of the e-commerce sector. It was incorporated on 22 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U52599UP2020PTC134995.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohammad Asif Raza and Naseem.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O Mohammad Raza Masebi Rasoolpur Dingarpur Sambhal Road, Moradabad, Uttar Pradesh, India – 244926.
As per the financials filed for FY 2023, the company reported a revenue of ₹40.52 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹68,660 (net margin 1.7%) and EBITDA of ₹68,660 (EBITDA margin 1.7%).
Rich Approach Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-59-0002016).
Company details
CIN U52599UP2020PTC134995
Registration Number 134995
Incorporation Date 22 September 2020
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-UP-59-0002016
Key People
Mohammad Asif Raza Director Naseem Director Recognitions & Rankings of Rich Approach
Contact details
Rich Approach Private Limited's registered office is in Moradabad, Uttar Pradesh.
- Registered AddressC/O Mohammad Raza Masebi Rasoolpur Dingarpur Sambhal Road, Moradabad, Uttar Pradesh, India – 244926
- IndustryE-Commerce, Online Store, Retailers
Comprehensive company report
Rich Approach Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Rich Approach is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rich Approach Private Limited, buy the company report.
Financials of Rich Approach Private Limited
FY 2023 filings availableRich Approach Private Limited reported revenue of ₹40.52 Lakh (down 21% YoY) for FY 2023.
Revenue · FY 2023
₹40.52 Lakh ▼ 21%
Net profit · FY 2023
₹68,660 margin 1.7%
EBITDA · FY 2023
₹68,660 margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
EBITDA CAGR growth
1 year
▲ 257%
Revenue fell 21% in the latest year. EBITDA rose 257% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profit and Loss Statement | |||
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| Total Expenses | |||
| EBITDA | ₹68,660 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹68,660 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.7% | ||
| Net Profit Margin | 1.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Receivable Days | |||
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To see the full financial statements and ratios of Rich Approach Private Limited, buy the company report.
Board of directors of Rich Approach Private Limited
Rich Approach has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Asif Raza | Director | 22 Sep 2020 | 6 Years 1 Months | Current |
| Naseem | Director | 22 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Rich Approach Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Effitious Healthcare Private Limited | ₹40.54 Lakh (FY 2025) | 12.0% | Bangalore, Karnataka, India | |||
| TB Brewing Solutions Private Limited | ₹40.53 Lakh (FY 2024) | 801.0% | Greater Noida, Uttar Pradesh, India | |||
| Metal Ideas Private Limited | ₹40.53 Lakh (FY 2021) | Bhopal, Madhya Pradesh, India | ||||
| Delight Medica Private Limited | ₹40.53 Lakh (FY 2024) | -24.0% | Sikar, Rajasthan, India | |||
| Wecare24 Automobiles Private Limited | ₹40.53 Lakh (FY 2020) | Rudrapur, Uttarakhand, India | ||||
| Rich Approach Private Limitedthis company | ₹40.52 Lakh (FY 2023) | ₹68,660 | 1.7% | -21.0% | Moradabad, Uttar Pradesh, India | |
| Miks Automation Private Limited | ₹40.52 Lakh (FY 2023) | -32.0% | Kolkata, West Bengal, India | |||
| Gupta Plastics Pvt Ltd | ₹40.52 Lakh (FY 2025) | 13.0% | Jaipur, Rajasthan, India | |||
| Erotas Pharmaceuticals Private Limited | ₹40.52 Lakh (FY 2025) | -25.0% | Hyderabad, Telangana, India | |||
| Ravlik Healthcare Private Limited | ₹40.52 Lakh (FY 2025) | 8.0% | Rohtak, Haryana, India | |||
| Pathakudi Trading Company Private Limited | ₹40.52 Lakh (FY 2025) | 6.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Rich Approach Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rich Approach Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rich Approach Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Rich Approach Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rich Approach Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Mohammad Asif Raza was appointed as Director on 22 Sep 2020.
AGM
Rich Approach Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Rich Approach Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.
Appointed
Mohammad Asif Raza was appointed as Director.
Appointed
Naseem was appointed as Director.
Incorporation
22 Sep 2020
Rich Approach Private Limited was registered on 22 Sep 2020 with Roc Kanpur & aged 6 years 1 month as per MCA records.
Frequently asked questions
Rich Approach is an active private limited company based in Moradabad, Uttar Pradesh, India. The company works in online store, within the e-commerce industry. It was incorporated on 22 September 2020 (6+ years old) and is registered under CIN U52599UP2020PTC134995.
Rich Approach has 2 current directors:
- Mohammad Asif Raza - Director
- Naseem - Director
The latest financial statements of Rich Approach on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Rich Approach is U52599UP2020PTC134995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rich Approach was incorporated on 22 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Rich Approach by revenue are Effitious Healthcare Private Limited, TB Brewing Solutions Private Limited, Metal Ideas Private Limited, Delight Medica Private Limited, Wecare24 Automobiles Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Mohammad Asif Raza was appointed as Director on 22 Sep 2020. Naseem was appointed as Director on 22 Sep 2020.
Yes, Rich Approach is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-59-0002016).
The registered office of Rich Approach is at CO Mohammad Raza Masebi Rasoolpur Dingarpur Sambhal Road, Moradabad, Uttar Pradesh, India – 244926.
Rich Approach operates in the e-commerce industry, in the online store segment.
Rich Approach can be reached at its registered office: CO Mohammad Raza Masebi Rasoolpur Dingarpur Sambhal Road, Moradabad, Uttar Pradesh, India – 244926.