MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TN-20-0000592
Ritz Innovations Private Limited - consumer electronics & durables in Salem, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2022
₹12.18 Lakh
▼ 36% YoY
Net loss · FY 2022
₹11,033
Net margin -0.9%
EBITDA · FY 2022
-₹4,107
EBITDA margin -0.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
3
Provident fund records
Directors on board
2
As per MCA filings
About Ritz Innovations Private Limited
Data last updated:
Ritz Innovations Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 18 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51909TZ2020PTC033943.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Manivannan Priyadharsini and Pappathi Manickam Dineshbabu.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Salem, Tamil Nadu.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.18 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹11,033 (net margin -0.9%) and EBITDA of -₹4,107 (EBITDA margin -0.3%).
The company has about 3 employees on its provident fund (EPFO) records.
Ritz Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-20-0000592). For more details, the company can be reached via its website ritzindia.org.
Company details
CIN U51909TZ2020PTC033943
Registration Number 033943
Incorporation Date 18 June 2020
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-TN-20-0000592
Recognitions & Rankings of Ritz Innovations
Contact details
Ritz Innovations Private Limited's registered office is in Salem, Tamil Nadu.
- Registered Address3/637B Vijay Raj Complex, Kadalur Main Road, Salem, Tamil Nadu, India – 636014
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
Comprehensive company report
Ritz Innovations 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
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Business activity
The main business activity of Ritz Innovations 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 Ritz Innovations Private Limited, buy the company report.
Financials of Ritz Innovations Private Limited
FY 2022 filings availableRitz Innovations Private Limited reported revenue of ₹12.18 Lakh (down 36% YoY) for FY 2022.
Revenue · FY 2022
₹12.18 Lakh ▼ 36%
Net loss · FY 2022
₹11,033 margin -0.9%
EBITDA · FY 2022
-₹4,107 margin -0.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
EBITDA CAGR growth
1 year
▲ 99%
Revenue fell 36% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
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| EBITDA | -₹4,107 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹11,033 | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.3% | |
| Net Profit Margin | -0.9% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Ritz Innovations Private Limited, buy the company report.
Board of directors of Ritz Innovations Private Limited
Ritz Innovations has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manivannan Priyadharsini | Director | 06 Feb 2023 | 3 Years 8 Months | Current |
| Pappathi Manickam Dineshbabu Also directs: Vaes Private Limited | Director | 18 Jun 2020 | 6 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Ritz Innovations 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 Ritz Innovations 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 Ritz Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ritz Innovations Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Raju Saravanan ceased to be Director on 28 Mar 2023.
Ceased
Raju Saravanan ceased to be Director.
Ceased
Balasubramanian Sathya ceased to be Director.
Appointed
Manivannan Priyadharsini was appointed as Director.
AGM
Ritz Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Ritz Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.
Ceased
Kumar Vinoth Kumar ceased to be Director.
Ceased
Rita ceased to be Director.
Appointed
Pappathi Manickam Dineshbabu was appointed as Director.
Incorporation
18 Jun 2020
Ritz Innovations Private Limited was registered on 18 Jun 2020 with Roc Coimbatore & aged 6 years 4 months as per MCA records.
Frequently asked questions
Ritz Innovations is an active private limited company based in Salem, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 18 June 2020 (6+ years old) and is registered under CIN U51909TZ2020PTC033943.
Ritz Innovations has 2 current directors:
- Manivannan Priyadharsini - Director
- Pappathi Manickam Dineshbabu - Director
The latest financial statements of Ritz Innovations on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Ritz Innovations is U51909TZ2020PTC033943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritz Innovations was incorporated on 18 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Coimbatore.
Raju Saravanan ceased to be Director on 28 Mar 2023. Balasubramanian Sathya ceased to be Director on 24 Feb 2023. Manivannan Priyadharsini was appointed as Director on 06 Feb 2023. Ritz Innovations has 6 board changes on record in total.
Yes, Ritz Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-20-0000592).
Ritz Innovations can be reached through the website ritzindia.org. Its registered office is in Salem, Tamil Nadu, India.
The registered office of Ritz Innovations is at 3637B Vijay Raj Complex, Kadalur Main Road, Salem, Tamil Nadu, India – 636014.
Ritz Innovations operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.