Rhea Retail Private Limited

Rhea Retail Private Limited - fashion and textile in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U45209MH2007PTC326060 Incorporated 09 April 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company fashion and textile
Data last updated
Revenue · FY 2019
₹191.3 Cr
▼ 4% YoY
Net loss · FY 2019
₹22.44 Cr
Net margin -11.7%
EBITDA · FY 2019
-₹4.41 Cr
EBITDA margin -2.3%
Authorised capital
₹85 Cr
Registered with MCA
Paid-up capital
₹77.73 Cr
Issued & subscribed
Satisfied charges
₹61.7 Cr
No open charges
Company age
19 yrs
Est. 2007
Employees · EPFO
1
Provident fund records

About Rhea Retail Private Limited

Data last updated:

Rhea Retail Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Reliance Industries Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 09 April 2007.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45209MH2007PTC326060. Its GSTIN is 19AADCR6487Q1ZB (West Bengal). The company held 10 GST registrations, of which 1 is active.

The company had an authorised share capital of ₹85 Cr and a paid-up capital of ₹77.73 Cr. It was formerly known as Rhea Infratech Private Limited. It was led by directors including Akhilesh Prasad and Venkatesh Raghavendra Gulur.

Its last annual general meeting (AGM) was held on 30 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 4th Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.

As per the financials filed for FY 2019, the company reported a revenue of ₹191.3 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹22.44 Cr (net margin -11.7%) and EBITDA of -₹4.41 Cr (EBITDA margin -2.3%).

The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had satisfied charges of ₹61.7 Cr on record. Court records list 9 cases involving the company, including 7 filed against it. The company has 2 deals on record (2 acquisitions); the latest was in June 2018. Its 10 peer companies in the Apparel industry (Apparel Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Patpat Trading Private Limited with revenue of ₹205.65 Cr.

The last known website on record is ril.com.

Company Details of Rhea Retail Private Limited
CIN U45209MH2007PTC326060
Registration Number 326060
Incorporation Date 09 April 2007
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 August 2019
Date of Balance Sheet 31 March 2019
Parent Company Reliance Industries Limited
Compliance Status Active Compliant
Key People
Sandeep Chadha Ceo Dheeraj Agrawal Cfo Prerna Vishal Poddar Company Secretary
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    4th Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002
  • Industry
    Fashion and Textile, Fashion Retail
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Financials, compliance, directors, charges, ownership and filings for Rhea Retail Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Rhea Retail Private Limited

The main business activity of Rhea Retail is trade. In detail, this covers retail trading and wholesale trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
GTradeG1Wholesale TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Rhea Retail Private Limited FY 2019 filings available

Rhea Retail Private Limited reported revenue of ₹191.3 Cr (down 4% YoY) for FY 2019.

Revenue · FY 2019
₹191.3 Cr ▼ 4%
Net loss · FY 2019
₹22.44 Cr margin -11.7%
EBITDA · FY 2019
-₹4.41 Cr margin -2.3%

Compounded Annual Growth Rate (CAGR) of Rhea Retail Private Limited

Revenue CAGR growth
1 year
▼ 4%
EBITDA CAGR growth
1 year
▲ 85%

Revenue fell 4% in the latest year. EBITDA rose 85% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Rhea Retail Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹191.3 Cr••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹4.41 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹22.44 Cr••••••••••••••••
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 of Rhea Retail Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-2.3%••••••••••••••••
Net Profit Margin-11.7%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rhea Retail are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Rhea Retail Private Limited

Rhea Retail Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Patpat Trading Private Limited₹205.65 Cr (FY 2025)••••••••77.0%••••New Delhi, Delhi, India
Ample Retail Private Limited₹204.82 Cr (FY 2025)••••••••7.0%••••Bengaluru, Karnataka, India
Genesis La Mode Private Limited₹203.95 Cr (FY 2022)••••••••79.0%••••Mumbai, Maharashtra, India
Lekhus Collections Private Limited₹201.82 Cr (FY 2025)••••••••10.0%••••New Delhi, Delhi, India
Bo-Bee Hosiery Private Limited₹196.36 Cr (FY 2025)••••••••7.0%••••Delhi, India
Rhea Retail Private Limited this company₹191.3 Cr (FY 2019)••••••••-4.0%••••Mumbai, Maharashtra, India
Shree Jagdish Sarees Private Limited₹190.91 Cr (FY 2025)••••••••1.0%••••Cuttack, Odisha, India
Yougal Sons Fashions Private Limited₹186.76 Cr (FY 2025)••••••••8.0%••••Jammu and Kashmir, India
Mr Garments Private Limited₹186.29 Cr (FY 2025)••••••••10.0%••••Kolkata, West Bengal, India
Theni Anantham Silks and Readymades Private Limited₹185.58 Cr (FY 2025)••••••••8.0%••••Madurai, Tamil Nadu, India
Cravatex Limited Listed₹183.71 Cr (FY 2025)••••••••-16.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Rhea Retail by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Rhea Retail Private Limited

Rhea Retail Private Limited is audited by CHATURVEDI & SHAH for the financial year 2019.

NameStatusAppointment DateCessation Date
CHATURVEDI & SHAHLockedLockedLocked
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Board of Directors and KMP of Rhea Retail Private Limited

Rhea Retail Private Limited currently reports 3 directors and 3 key managerial personnel. 28 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Sandeep ChadhaCeo24 Sep 20188 Years 0 MonthsAs last reported
Prerna Vishal Poddar
Also directs: Reldel Apparel Private Limited, Bismi Connect Limited, Reliance Cosmetics Retail Private Limited and 5 more
Company Secretary24 Sep 20188 Years 0 MonthsAs last reported
Dheeraj Agrawal
Also directs: Dasp Finvista Advisory LLP
Cfo25 Jan 20179 Years 8 MonthsAs last reported
Akhilesh Prasad
Also directs: Kalanikethan Fashions Limited, Kalanikethan Silks Limited, Reldel Apparel Private Limited and 5 more
Director14 Jul 20188 Years 2 MonthsAs last reported
Venkatesh Raghavendra Gulur
Also directs: Cover Story Clothing Limited, Bismi Hypermart Limited, Bismi Connect Limited and 5 more
Director14 Jul 20188 Years 2 MonthsAs last reported
Darshan Rasiklal MehtaDirector14 Jul 20188 Years 2 MonthsAs last reported
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Ownership and Shareholding of Rhea Retail Private Limited

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Charges & Borrowings of Rhea Retail Private Limited

Open charges
None
Satisfied charges
₹61.7 Cr
Breakdown by lending institutions
Yes Bank Limited₹61.05 Cr
Others₹0.65 Cr
Latest charge details
DateLenderAmountStatus
17 Dec 2016Others₹64.68 LakhSatisfied
02 Sep 2016Yes Bank Limited₹1.05 CrSatisfied
16 Jun 2010Yes Bank Limited₹60 CrSatisfied

Total charge records: 3 View all charges

Deals & Funding of Rhea Retail Private Limited

Rhea Retail Private Limited has 2 deals on record (2 acquisitions); the latest was in June 2018.

Total deals
2
Acquisitions
2

Deals on record (2 of 2)

WhenDealAmountParties
Jun 2018Acquisition₹203.46 CrBuyer: Reliance Brands Limited
Seller: Pure Home & Living Private Limited
May 2015AcquisitionUndisclosedBuyer: Pure Home & Living Private Limited
Seller: Mothercare UK Ltd.
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Full deal history

All 2 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Rhea Retail Private Limited

Rhea Retail Private Limited has a workforce of 1 employees as of Mar 30, 2024.

Employee count
1
Active EPFO establishments
1
Employee growth
-99.82%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Rhea Retail Private Limited

Rhea Retail has one previous CIN (Corporate Identification Number): U45209DL2007PTC161760. The current CIN is U45209MH2007PTC326060, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U45209MH2007PTC326060Current
U45209DL2007PTC161760Previous

Recent Activity on Rhea Retail Private Limited

Rhea Retail Private Limited has 30 board changes on record since 2010: 6 appointments and 24 cessations. The latest: Akhilesh Prasad ceased to be Additional Director on 30 Aug 2019.

AGM
Rhea Retail Private Limited last Annual general meeting of members was held on 30 Aug 2019 as per latest MCA records.
Ceased
Akhilesh Prasad ceased to be Additional Director.
Ceased
Darshan Rasiklal Mehta ceased to be Additional Director.
Ceased
Venkatesh Raghavendra Gulur ceased to be Additional Director.
Filing
Rhea Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Appointed
Prerna Vishal Poddar was appointed as Company Secretary.
Appointed
Sandeep Chadha was appointed as CEO.
Ceased
Dhiraj Sarna ceased to be Director.
Ceased
Sandeep Chadha ceased to be Whole-Time Director.
Appointed
Akhilesh Prasad was appointed as Director.
Appointed
Darshan Rasiklal Mehta was appointed as Director.
Appointed
Venkatesh Raghavendra Gulur was appointed as Director.

28 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Rhea Retail Private Limited

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MSME Payment Delays by Rhea Retail Private Limited

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Subsidiaries & Group Companies of Rhea Retail Private Limited

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Corporate group structure

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GST Compliance of Rhea Retail Private Limited

Rhea Retail has 10 GST registrations: 1 active and 9 cancelled or inactive.

Total GSTINs
10
Active
1
Cancelled / inactive
9
GSTINStateStatusRegistered on
19AADCR6487Q1ZBWest BengalActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Rhea Retail Private Limited

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Frequently Asked Questions about Rhea Retail Private Limited

Rhea Retail has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Rhea Retail was a private limited company based in Mumbai, Maharashtra, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 09 April 2007 and is registered under CIN U45209MH2007PTC326060. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Rhea Retail was incorporated on 09 April 2007. It is registered with the Registrar of Companies, Mumbai.

Rhea Retail had 6 directors and KMP:

The CIN (Corporate Identification Number) of Rhea Retail is U45209MH2007PTC326060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Rhea Retail is at 4th Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.

Rhea Retail can be reached through the website ril.com. Its registered office is in Mumbai, Maharashtra, India.

Rhea Retail reported revenue of ₹191.3 Cr for FY 2019 (down 4% YoY).

Rhea Retail has an authorised share capital of ₹85 Cr and a paid-up capital of ₹77.73 Cr.

Rhea Retail reported a net loss of ₹22.44 Cr (net margin -11.7%) and EBITDA of -₹4.41 Cr (EBITDA margin -2.3%) for FY 2019, as per its filed financial statements.

The GSTIN of Rhea Retail is 19AADCR6487Q1ZB, registered in West Bengal. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.

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