Ricela

Sangrur, India Founded: 1992 • Age: 34 yrs Minicorn
Manufacturer of oilseed products

About Ricela

Ricela is a Consumer company based in Sangrur (India) founded in 1992 by A R Sharma. It operates as a manufacturer of oilseed products. The company has 578 employees. Ricela was last valued at $9.15 million in September 2012. Its chief executive is Puneet Goyal. Its Indian entity A P Organics Limited reported revenue of ₹587 Cr. Ricela offers products and services including Refined Rice Bran Oil, Gamma Oryzanol, and Miscellaneous Products. Its focus areas include Food and Agriculture, Food & Beverage Products, Grocery & Staples and Cooking Oil. Its competitors include Ebro Foods, 24 Mantra, KTC Edibles, Uzhavarbumi and Riceland and 2 more; 2 of its 7 listed competitors have raised funding.

Company details

Ricela was founded in 1992 in Sangrur, India, within the agribusiness sector. Oilseed processing is conducted, with production centered on refined rice bran oil, cottonseed oil, and sunflower oil. Cattle feed supplements are also manufactured as part of operations. The company maintains its base in Punjab, focusing on essential edible oils and animal nutrition products for regional distribution. Leadership includes founder A R Sharma and CEO Puneet Goyal.

  • Headquarters Sangrur, India
  • Employees 578
  • Founders A R Sharma
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website ricela.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name A P Organics Limited
  • Date of Incorporation 23 Apr, 1998
  • Jurisdiction Ludhiana, Punjab, India
Key Metrics
  • Annual Revenue
    ₹587 Cr

    FY 2025 · +18% YoY

  • Net Profit
    ₹5.70 Cr

    FY 2025 · 1% margin

  • EBITDA
    ₹23.73 Cr

    FY 2025 · 4% margin

  • Latest Funding Round
    $1.83M (USD), Unspecified

    Sep 2012

  • Investors
  • Employee Count
    578

Products & Services of Ricela

Ricela offers a comprehensive portfolio of products and services, including Refined Rice Bran Oil, Gamma Oryzanol, and Miscellaneous Products.

Refined Rice Bran Oil
Edible Oil

Nutritious cooking oil extracted and refined from rice bran.

Gamma Oryzanol
Nutraceutical

Health extract derived from rice bran oil processing.

Miscellaneous Products
By-products

Derivatives from rice bran oil for various applications.

Funding Insights of Ricela

  • Total Rounds 3
  • Last Round Unspecified — $1.83M
  • First Round $946,354

    (Mar 2009)

  • Investors Count 44

All 3 funding rounds of Ricela with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2012$1.83MUnspecified$9.15MPawan Kumar Singla
Mar 2011$1.07MUnspecified$8.9MKanta Rani Garg
Mar 2009$946,354Unspecified$•••••Kaveri Shilpkala
Valuation history
DateValuationStage
Sep 2012$9.15M••••••••
Mar 2011$8.9M••••••••
Mar 2009$•••••••••••••
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Full valuation and stage history of Ricela

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Last known valuation $9.15M (Sep 2012). 44 investors in total: 5 institutional and 39 angel.

Investors in Ricela

Ricela has secured backing from 44 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Rkb Financers, Nishu Organics and Swati Fashions.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity investments are directed toward multiple sectors.
–rkbfinancers.tcc.modeLudhiana, India
Investments are managed by Swati Fashions across multiple sectors.
–swatifashions.tcc.modeDelhi, India
Private equity firm focused on multiple sectors
–kaverishilpkala.tcc.modeDelhi, India
Private equity firm focused on multiple sectors
–rajasthanplanationcompany.tcc.modeLudhiana, India
Produces high-quality plasticizers and specialty chemicals for industrial use.
1998nishantorg.comVadodara, India

Vijay Kumar Goyal

-
–unknown_6b17ff488ba44e988-

Pawan Kumar Singla

-
–unknown_c3390603bbca4976a-

Dev Raj Singla

-
–unknown_a5330d1e2a554a548-

Ravish Kumar Singla

-
–unknown_02bd2e3d73f64e448-

Rita Rani Singla

-
–unknown_0e949409f08445d28-
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Investor details for Ricela

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Board of directors of A P Organics Limited (Ricela)

A P Organics Limited is the primary company behind Ricela. The boards of the 3 registered companies of Ricela currently have 11 directors; the longest-serving is Vijay Kumar Goyal, appointed in 1998. 24 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vijay Kumar Goyal
DIN 00162292
Whole-time director23 Apr 199828 yrs 5 moA P Organics Limited, Ricela Health Foods Limited
Parshotam Dass
DIN 00147734
Director23 Apr 199828 yrs 5 moA P Organics Limited, Ricela Health Foods Limited
Achhru Ram Sharma
DIN 00224747
Director08 Aug 201214 yrs 2 moA P Organics Limited, Ricela Health Foods Limited
Ashutosh
DIN 07008429
Director30 Sep 201412 yrsA P Organics Limited
Jyoti Singla
DIN 08164935
Director25 Jun 20188 yrs 3 moA P Organics Limited, Ricela Health Foods Limited
Rajiv Sharma
DIN 08321856
Director09 Jan 20197 yrs 9 moRicela Chem Oils Private Limited
Vinay Singla
DIN 08941301
Additional Director30 Oct 20205 yrs 11 moRicela Chem Oils Private Limited
Isha Vashisht
DIN 03092479
Whole-time director30 Sep 20242 yrsA P Organics Limited
Puneet Goyal
DIN 10744208
Whole-time director30 Sep 20242 yrsA P Organics Limited
Parmod Goyal
DIN 00507724
Director30 Sep 20242 yrsA P Organics Limited
Vikas Chhabra
DIN 02909823
Director30 Sep 20242 yrsRicela Health Foods Limited

People of Ricela

2 people are tracked at Ricela (2 in leadership); the tracked headcount is 578.

NameRoleGroup
A R Sharma
FounderLeadership
CEOLeadership
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Financials of Ricela

Figures of A P Organics Limited, the primary company behind Ricela, for FY 2025. Revenue was ₹587 Cr (+18% year on year). Net profit was ₹5.70 Cr (1% margin). EBITDA was ₹23.73 Cr (4% margin). Revenue has grown at a compounded annual rate of -17% over three years and -1% over five years.

  • ₹587 CrRevenue · FY 2025 · +18% YoY
  • ₹5.70 CrNet profit · 1% margin
  • ₹23.73 CrEBITDA · 4% margin
  • ₹83 LakhPaid-up capital
  • 578Employees (provident fund records)
  • -17%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of A P Organics Limited are on its company page.

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Detailed financial statements for Ricela

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Timeline of Ricela

4 dated milestones of Ricela across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ricela is founded.
  2. Funding First funding round of $946K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Unspecified, of $1.8M.

Competitors of Ricela

Ricela has 7 listed competitors in our database, 2 of them funded. They include Ebro Foods, 24 Mantra, KTC Edibles, Uzhavarbumi and Riceland, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ebrofoods.es1998Madrid, Spain––
Ebro Foods is recognized as a leading food company in Spain.
24mantra.com2004Hyderabad, India–479
Brand of organic packaged food, beverage, and cooking products
ktc-edibles.co.uk1972Wednesbury, United Kingdom–474
Oils and fats are manufactured and distributed by KTC Edibles.
uzhavarbumi.com2017Chennai, India$1.08M90
Brand of multi-category grocery & staples products
riceland.com1921United States–1,361
Brand of rice & cooking oil
adaniwilmar.com1999Ahmedabad, India–66
Provider of edible oils, packaged rice, and pulses products
priyafoods.com1993Hyderabad, India$366.05M2,030
Production of multiple processed and packaged foods.
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Detailed competitors of Ricela

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Web traffic of Ricela

The website of Ricela (ricela.com) receives about 3.2K visits a month.

  • Monthly visits
    3.2K

    ▼ 56.2% vs previous month

Top companies in Food & Beverage Products & Processing

10 companies that operate in the same segment as Ricela (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Hens and cattle are reared to supply eggs and butter.
2007Austin, Texas, United StatesUSD 49.96 MUSD 759.44 M598
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Provider of bakery-cafe services and a loyalty program
1987St. Louis, Missouri, United StatesUSD 145.61 M––
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 97.26 M2,828
Dry snacks and coffee are manufactured and distributed.
2015Chennai, Tamil Nadu, IndiaUSD 16.52 MUSD 208 K29
Food, snacks, and beverages are produced and distributed globally.
1898Purchase, New York, United States–USD 93.92 B319,000
Multi-category organic dairy products are offered online.
2010Tiptur, Karnataka, IndiaUSD 58.15 MUSD 23.34 M810
Packaged food products are offered through an online platform.
2019Mumbai, Maharashtra, IndiaUSD 37.6 MUSD 4.41 M168
Multi-category food and beverage products are produced and distributed globally.
1866Vevey, Vaud, Switzerland–USD 2.36 B16,250
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Related news about Ricela

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Frequently Asked Questions about Ricela

Ricela was founded in 1992 and raised its 1st funding round 17 years after it was founded.

Ricela is headquartered in Sangrur, India. It is registered at Sangrur, Punjab, India.

Puneet Goyal is the current CEO of Ricela.

Ricela has 578 employees.

The primary company behind Ricela, A P Organics Limited, reported revenue of ₹587 Cr for FY 2025, up 18% year on year.

Ricela was founded in 1992 in Sangrur, India, within the agribusiness sector. Oilseed processing is conducted, with production centered on refined rice bran oil, cottonseed oil, and sunflower oil. Cattle feed supplements are also manufactured as part of operations. The company maintains its base in Punjab, focusing on essential edible oils and animal nutrition products for regional distribution. Leadership includes founder A R Sharma and CEO Puneet Goyal.

Ricela's top competitors include 24 Mantra, Ebro Foods and Riceland.

Ricela offers Refined Rice Bran Oil, Gamma Oryzanol, and Miscellaneous Products.

Ricela has 44 investors. Key investors include Rkb Financers, Nishu Organics, Swati Fashions, Vijay Kumar Goyal, and Pawan Kumar Singla.

The valuation of Ricela is $9.15M as of Sep 2012.

Ricela is associated with 3 legal entities: A P Organics Limited, Ricela Chem Oils Private Limited, Ricela Health Foods Limited.

The legal entities of Ricela currently have 11 directors, including Rajiv Sharma, Vinay Singla, Achhru Ram Sharma and others.

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