About Rich Products & Solutions Private Limited
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Rich Products & Solutions Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Hab Trading Corporation. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 16 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15549PN1994PTC015847. Its GSTIN is 02AABCR3402K1ZV (Himachal Pradesh). The company holds 18 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.2 Cr. It was formerly known as Rich Kwality Products Limited and Rich Graviss Products Private Limited. It is led by directors William George Gisel Jr and Ashutosh Krishna Srivastava.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at J – 177 MIDC Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2025, the company reported a revenue of ₹810.01 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹52.39 Cr (net margin 6.5%) and EBITDA of ₹100.73 Cr (EBITDA margin 12.4%).
The company has about 113 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Rich's. As per MCA filings, the company has open charges of ₹21.32 Cr and satisfied charges of ₹15.49 Cr on record. Court records list 53 cases involving the company, including 34 filed by the company and 19 filed against it; 18 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.5 Lakh; the latest was in May 2020. Its 10 peer companies in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 5 smaller; the largest is Dharampal Satyapal Foods Limited with revenue of ₹1,004.99 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 114 overdue payments to 37 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website richs.in.
Company details
Name history
Rich Products & Solutions has undergone 7 name changes throughout its history. The current legal name is Rich Products & Solutions Private Limited.
| Company Name | Status |
|---|---|
| Rich Products & Solutions Private Limited | Current |
| Rich Kwality Products Limited | Previous |
| Rich Graviss Products Private Limited | Previous |
| Rich's India Private Limited | Previous |
| Rich's Products India Private Limited | Previous |
| Rich Kwality Products Private Limited | Previous |
| Rich's Products Private Limited | Previous |
| Rpc India Private Limited | Previous |
CIN history
Rich Products & Solutions has one previous CIN (Corporate Identification Number): U15549PN2001PTC015847. The current CIN is U15549PN1994PTC015847, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15549PN1994PTC015847 | Current |
| U15549PN2001PTC015847 | Previous |
Contact details
Rich Products & Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is richs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJ – 177 MIDC Bhosari, Pune, Maharashtra, India – 411026
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Rich Products & Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Rich Products & Solutions is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Rich Products & Solutions Private Limited, buy the company report.
Financials of Rich Products & Solutions Private Limited
FY 2025 filings availableRich Products & Solutions Private Limited reported revenue of ₹810.01 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year. EBITDA fell 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹810.01 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹100.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.39 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 6.5% | ||||
| 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 Rich Products & Solutions Private Limited, buy the company report.
Board of directors of Rich Products & Solutions Private Limited
Rich Products & Solutions has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| William George Gisel Jr Also directs: Rpspl Private Limited | Director | 08 Jun 2010 | 16 Years 4 Months | Current |
| Ashutosh Krishna Srivastava Also directs: Rpspl Private Limited | Director | 26 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Rich Products & Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dharampal Satyapal Foods Limited | ₹1,004.99 Cr (FY 2025) | 6.0% | Delhi, India | |||
| Prayagh Consumer Care Private Limited | ₹896.39 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Liberty Oil Mills Limited | ₹827.15 Cr (FY 2025) | 61.0% | Thane, Maharashtra, India | |||
| Unibic Foods India Private Limited | ₹819.52 Cr (FY 2025) | 2.0% | Bengaluru, Karnataka, India | |||
| VJ Jindal Cocoa Private Limited | ₹813.97 Cr (FY 2022) | -2.0% | Mumbai, Maharashtra, India | |||
| Rich Products & Solutions Private Limitedthis company | ₹810.01 Cr (FY 2025) | ₹52.39 Cr | 6.5% | 5.0% | 113 | Pune, Maharashtra, India |
| Haldiram Foods International Private Limited | ₹787.4 Cr (FY 2025) | 11.0% | Gurgaon, Haryana, India | |||
| Ab Mauri India Private Limited | ₹702 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Lotte India Corporation Limited | ₹691.03 Cr (FY 2024) | 13.0% | Ahmedabad, Gujarat, India | |||
| Pran Beverages (India) Private Limited | ₹643.14 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Mayora India Private Limited | ₹628.38 Cr (FY 2025) | 24.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Rich Products & Solutions Private Limited, buy the company report.
Auditor
Rich Products & Solutions Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Rich Products & Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rich Products & Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2026 | 101300265 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 09 May 2023 | 100725262 | Others | ₹81.87 Lakh | Open | |
| 17 Jan 2020 | 100320464 | Citi Bank N.A. | ₹20 Cr | Open | |
| 29 Mar 2018 | 100173539 | The Hongkong and Shanghai Banking Corporation Limited | ₹1.09 Cr | Satisfied | |
| 26 Oct 2010 | 10246102 | The Hongkong & Shanghai Banking Corporation Limited | ₹14.4 Cr | Satisfied |
To see the full charge records of Rich Products & Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Rich Products & Solutions Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.5 Lakh; the latest was in May 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2020 | Secondary share transfer | Undisclosed | Buyer: Hab Trading Corporation Seller: Graviss Food Solutions Private Limited |
| Feb 2019 | Secondary share transfer | Undisclosed | Seller: Graviss Food Solutions Private Limited |
| Jul 2008 | Funding round | ₹6.5 Lakh | Investors: Kwality Deserts Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rich Products & Solutions Private Limited has 53 court cases on record: 34 filed by Rich Products & Solutions, 19 filed against it. 18 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 12 | 18 |
| High courts | 7 | 5 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Warana Industries Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Warana Industries Ltd | Disposed |
| Supreme Court | Court case | Filed against the company by U. P. and 2 others | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Ms Indo Nippon Foods Ltd. (Parcha) | Disposed |
| Bombay High Court | Company petition | Filed against the company by On Process Technology India Pvt Ltd | Disposed |
To see the full case history of Rich Products & Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Rich Products & Solutions Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 114 overdue payments to 37 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 37)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Coldrush Logistics Private Limited | |||
| an individual supplier | |||
| Bulaki Deep Freeze | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Rich Products & Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Rich Products & Solutions has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Rpspl Private Limited | U15490PN2021PTC202011 |
To see the full group structure of Rich Products & Solutions Private Limited, buy the company report.
Employees & EPFO
Rich Products & Solutions Private Limited has a workforce of 113 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Rich Products & Solutions has 18 GST registrations: 17 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AABCR3402K1ZV | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AABCR3402K1ZT | Punjab | Active | 01 Jul 2017 |
| 07AABCR3402K1ZL | Delhi | Active | 01 Jul 2017 |
| 09AABCR3402K1ZH | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rich Products & Solutions Private Limited, buy the company report.
Recent activity
Rich Products & Solutions Private Limited has 36 board changes on record since 1994: 19 appointments and 17 cessations. The latest: Ashutosh Krishna Srivastava was appointed as Director on 26 Dec 2024.
35 earlier events are in the company report.
Frequently asked questions
Rich Products & Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 16 August 1994 (32+ years old) and is registered under CIN U15549PN1994PTC015847.
Rich Products & Solutions has 2 current directors:
- William George Gisel Jr - Director
- Ashutosh Krishna Srivastava - Director
The latest financial statements of Rich Products & Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rich Products & Solutions is 02AABCR3402K1ZV, registered in Himachal Pradesh. The company has 18 GST registrations in all, of which 17 are active and 1 is cancelled or inactive. Other active GSTINs include 03AABCR3402K1ZT (Punjab), 07AABCR3402K1ZL (Delhi), 09AABCR3402K1ZH (Uttar Pradesh).
The CIN (Corporate Identification Number) of Rich Products & Solutions is U15549PN1994PTC015847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rich Products & Solutions has 53 court cases on record: 34 filed by the company and 19 filed against it. 18 are pending. Most are in the district courts.
Rich Products & Solutions was incorporated on 16 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Pune.
Rich Products & Solutions has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.5 Lakh; the latest was in May 2020.
The peers of Rich Products & Solutions by revenue are Dharampal Satyapal Foods Limited, Prayagh Consumer Care Private Limited, Liberty Oil Mills Limited, Unibic Foods India Private Limited, VJ Jindal Cocoa Private Limited and 5 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Ashutosh Krishna Srivastava was appointed as Director on 26 Dec 2024. Jeff Kim ceased to be Director on 26 Dec 2024. Melinda Rich ceased to be Director on 26 Dec 2024. Rich Products & Solutions has 36 board changes on record in total.
Rich Products & Solutions has 9 MSME Form 1 returns on record between 2019 and 2024, listing 114 overdue payments to 37 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Rich Products & Solutions can be reached through the website richs.in. Its registered office is in Pune, Maharashtra, India.
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