About Richfield Industries Private Limited
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Richfield Industries Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 09 March 2012.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15400DL2012PTC232590. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.27 Cr. It is led by directors including Vikram Bajaj (Irp/Rp/Liquidator) and Ravi Bhola.
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 F – 213 E – 1 Lado Sarai, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2023, the company reported a revenue of ₹60.98 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹2.13 Cr (net margin -3.5%) and EBITDA of ₹1.1 Cr (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Richfield Industries. As per MCA filings, the company has open charges of ₹442.51 Cr on record. Court records list 22 cases involving the company, including 10 filed by the company and 12 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹9.99 Cr; the latest was in March 2015. Its 7 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, 4 larger and 3 smaller; the largest is Tong Garden Food Products (India) Private Limited with revenue of ₹64.85 Cr.
The last known website on record is richlite.in.
Company details
Contact details
Richfield Industries Private Limited's registered office is in New Delhi, Delhi. Its website is richlite.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 213 E – 1 Lado Sarai, New Delhi, Delhi, India – 110030
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Richfield Industries 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
Brands
Richfield Industries operates one associated brand: Richfield Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and markets packaged goods, specializing in biscuits and cookies. | richlite.in |
Business activity
The main business activity of Richfield Industries 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 Richfield Industries Private Limited, buy the company report.
Financials of Richfield Industries Private Limited
FY 2023 filings availableRichfield Industries Private Limited reported revenue of ₹60.98 Cr (down 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 2% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.1 Cr | ||||
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| Net Profit (PAT) | -₹2.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | -3.5% | ||||
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To see the full financial statements and ratios of Richfield Industries Private Limited, buy the company report.
Board of directors of Richfield Industries Private Limited
Richfield Industries has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Bajaj | Irp/Rp/Liquidator | 28 May 2025 | 1 Years 5 Months | As last reported |
| Ravi Bhola | Director | 09 Mar 2012 | 14 Years 7 Months | As last reported |
| Manoj Kumar Jain | Director | 15 Jul 2023 | 3 Years 3 Months | As last reported |
Peer comparison
Richfield Industries Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Tong Garden Food Products (India) Private Limited | ₹64.85 Cr (FY 2025) | -4.0% | Ahmedabad, Gujarat, India | |||
| Indo Bakels Private Limited | ₹64.47 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Mahara Pushya Agri Products Private Limited | ₹63.68 Cr (FY 2024) | -47.0% | Bangalore, Karnataka, India | |||
| Maavaishnonandini Food Products Private Limited | ₹61.53 Cr (FY 2025) | 7.0% | Varanasi, Uttar Pradesh, India | |||
| Richfield Industries Private Limitedthis company | ₹60.98 Cr (FY 2023) | -₹2.13 Cr | -3.5% | -2.0% | 81 | New Delhi, Delhi, India |
| Fine Zeelandia Private Limited | ₹60.8 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Popular Bakery Products Private Limited | ₹60.31 Cr (FY 2025) | 3.0% | Varanasi, Uttar Pradesh, India | |||
| Anjani Foods Limited | ₹59.83 Cr (FY 2025) | 16.0% | Bhimavaram, Andhra Pradesh, India |
To see the full peer comparison of Richfield Industries Private Limited, buy the company report.
Auditor
Richfield Industries Private Limited is audited by MAKHAN LAL SINGLA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAKHAN LAL SINGLA & CO | FY 2022 | 012250N |
Shareholding
The shareholding of Richfield Industries Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Richfield Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2015 | 10592513 | Central Bank of India | ₹14.71 Cr | Open | |
| 21 Oct 2014 | 10528519 | Punjab National Bank | ₹250 Cr | Open | |
| 04 Sep 2014 | 10531781 | Central Bank of India | ₹8.8 Cr | Open | |
| 24 Feb 2014 | 10485292 | Punjab National Bank | ₹56.25 Cr | Open | |
| 10 Jan 2014 | 10478258 | Canara Bank | ₹28.75 Cr | Open |
To see the full charge records of Richfield Industries Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Richfield Industries Private Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹9.99 Cr; the latest was in March 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹2.27 Cr | Investors: Prodot Media Private Limited , Maggot Impex Private Limited , Pranam Foods Private Limited , an individual |
| Aug 2012 | Funding round | ₹9.99 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Richfield Industries Private Limited has 22 court cases on record: 10 filed by Richfield Industries, 12 filed against it. 1 case is pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 1 |
| High courts | 6 | 1 | 0 |
| NCLAT | 3 | 0 | 0 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Omkara Assets Reconstruction Privatelimited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Omkara Assets Reconstruction Privatelimited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Omkara Assets Reconstruction Privatelimited | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by Krown Biscuit Private Limited & Anr. | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by M/S Faith Mercantile Pvt Ltd | Disposed |
To see the full case history of Richfield Industries 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.
Credit ratings & regulatory alerts
Richfield Industries Private Limited was last rated by Crisil on 13 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Jul 2021 |
To see the full credit ratings and regulatory alerts of Richfield Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Richfield Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Richfield Industries Private Limited has a workforce of 81 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Richfield Industries has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Richfield Industries Private Limited, buy the company report.
Recent activity
Richfield Industries Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Vikram Bajaj was appointed as Irp/Rp/Liquidator on 28 May 2025.
11 earlier events are in the company report.
Frequently asked questions
Richfield Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Richfield Industries is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 09 March 2012 and is registered under CIN U15400DL2012PTC232590. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Richfield Industries has 3 current directors:
- Ravi Bhola - Director
- Manoj Kumar Jain - Director
- Vikram Bajaj - Irp/Rp/Liquidator
The latest financial statements of Richfield Industries 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Richfield Industries is U15400DL2012PTC232590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richfield Industries has open charges of ₹442.51 Cr and no satisfied charges on record as per latest MCA filings.
Richfield Industries has 22 court cases on record: 10 filed by the company and 12 filed against it. 1 is pending. Most are in the district courts.
Richfield Industries was incorporated on 09 March 2012. It is registered with the Registrar of Companies, Delhi.
Richfield Industries has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹9.99 Cr; the latest was in March 2015.
The peers of Richfield Industries by revenue are Tong Garden Food Products (India) Private Limited, Indo Bakels Private Limited, Mahara Pushya Agri Products Private Limited, Maavaishnonandini Food Products Private Limited, Fine Zeelandia Private Limited and 2 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Vikram Bajaj was appointed as Irp/Rp/Liquidator on 28 May 2025. Manoj Kumar Jain ceased to be Additional Director on 29 Sep 2023. Manoj Kumar Jain was appointed as Director on 15 Jul 2023. Richfield Industries has 8 board changes on record in total.