Hire Ritz Private Limited - professional services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74110KA2021PTC153548 Incorporated 25 October 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company professional services MSME · Micro
Data last updated
Revenue · FY 2023
₹2.16 Cr
▲ 13% YoY
Net profit · FY 2023
₹24.04 Lakh
Net margin 11.1%
EBITDA · FY 2023
₹46.16 Lakh
EBITDA margin 21.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹30.53 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
10
Provident fund records

About Hire Ritz Private Limited

Data last updated:

Hire Ritz Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the advocacy segment of the professional services sector. It was incorporated on 25 October 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2021PTC153548. Its GSTIN is 29AAGCH0135G1ZT (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Subrayappa Lalitha and Maria Mathew Panneer Selvam.

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 No 24 Ground Floor Bms Green Rich Layout Kadusonnappanahalli, Bangalore, Karnataka, India – 562149.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.16 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹24.04 Lakh (net margin 11.1%) and EBITDA of ₹46.16 Lakh (EBITDA margin 21.4%).

The company has about 10 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹30.53 Lakh on record.

Hire Ritz Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0019841).

Company details

CIN U74110KA2021PTC153548
Registration Number 153548
Incorporation Date 25 October 2021
ROC Bangalore
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-KR-02-0019841

Recognitions & Rankings of Hire Ritz

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-02-0019841

Contact details

Hire Ritz Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No 24 Ground Floor Bms Green Rich Layout Kadusonnappanahalli, Bangalore, Karnataka, India – 562149
  • Industry
    Professional Services, Advocacy, Legal Services, Tax Consultant, Accounting

To see the full contact details of Hire Ritz Private Limited, buy the company report.

Comprehensive company report
Hire Ritz 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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Secure checkout · GST invoice included

Business activity

The main business activity of Hire Ritz is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Hire Ritz Private Limited, buy the company report.

Financials of Hire Ritz Private Limited

FY 2023 filings available

Hire Ritz Private Limited reported revenue of ₹2.16 Cr (up 13% YoY) for FY 2023.

Revenue · FY 2023
₹2.16 Cr ▲ 13%
Net profit · FY 2023
₹24.04 Lakh margin 11.1%
EBITDA · FY 2023
₹46.16 Lakh margin 21.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
EBITDA CAGR growth
1 year
▼ 36%

Revenue rose 13% in the latest year. EBITDA fell 36% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹46.16 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹24.04 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22
Profitability
EBITDA Margin21.4%
Net Profit Margin11.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Hire Ritz Private Limited, buy the company report.

Board of directors of Hire Ritz Private Limited

Hire Ritz has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Subrayappa LalithaDirector25 Oct 20215 Years 0 MonthsCurrent
Maria Mathew Panneer SelvamDirector25 Oct 20215 Years 0 MonthsCurrent

Charges & borrowings

Open charges
₹30.53 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.31 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Aug 2022100608177Hdfc Bank Limited₹17.18 LakhOpen
19 Mar 2022100577347Hdfc Bank Limited₹13.35 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hire Ritz Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Hire Ritz Private Limited has a workforce of 10 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1
Employee growth
-67.74%

GST

Hire Ritz has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCH0135G1ZTKarnatakaActive21 Dec 2021

To see the full GST registrations and return filing status of Hire Ritz Private Limited, buy the company report.

Recent activity

Hire Ritz Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Maria Mathew Panneer Selvam was appointed as Director on 25 Oct 2021.

AGM
Hire Ritz Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Hire Ritz Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.18 Lakh with Charge ID 100608177 was registered on 24 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.35 Lakh with Charge ID 100577347 was registered on 19 Mar 2022.
Appointed
Maria Mathew Panneer Selvam was appointed as Director.
Appointed
Subrayappa Lalitha was appointed as Director.
Incorporation
25 Oct 2021
Hire Ritz Private Limited was registered on 25 Oct 2021 with Roc Bangalore & aged 5 years as per MCA records.

Frequently asked questions

Hire Ritz is an active private limited company based in Bangalore, Karnataka, India. The company works in advocacy, within the professional services industry. It was incorporated on 25 October 2021 (5+ years old) and is registered under CIN U74110KA2021PTC153548.

Hire Ritz has 2 current directors:

The latest financial statements of Hire Ritz 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 2022 are in the company report.

The GSTIN of Hire Ritz is 29AAGCH0135G1ZT, registered in Karnataka.

The CIN (Corporate Identification Number) of Hire Ritz is U74110KA2021PTC153548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hire Ritz was incorporated on 25 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

Maria Mathew Panneer Selvam was appointed as Director on 25 Oct 2021. Subrayappa Lalitha was appointed as Director on 25 Oct 2021.

Yes, Hire Ritz is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0019841).

The registered office of Hire Ritz is at No 24 Ground Floor Bms Green Rich Layout Kadusonnappanahalli, Bangalore, Karnataka, India – 562149.

Hire Ritz operates in the professional services industry, in the advocacy segment.