Richway Solutions Private Limited
About Richway Solutions Private Limited
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Richway Solutions Private Limited is a private limited company based in Sangamner, Maharashtra, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 13 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2020PTC338757.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Balasaheb Tukaram Shinde and Sagar Balasaheb Shinde.
Its last annual general meeting (AGM) was held on 30 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Akole Bypass Abhang Mala, Sangamner, Maharashtra, India – 422605.
As per the financials filed for FY 2021, the company reported a revenue of ₹71,301. For the same year it recorded a net profit of ₹6,339 (net margin 8.9%) and EBITDA of ₹6,339 (EBITDA margin 8.9%).
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- Registered AddressAkole Bypass Abhang Mala, Sangamner, Maharashtra, India – 422605
- IndustryTrading, Specialty, Wholesale
- 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
- One PDF report, delivered after checkout
Business Activity of Richway Solutions Private Limited
The main business activity of Richway Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Richway Solutions Private Limited FY 2021 filings available
Richway Solutions Private Limited reported revenue of ₹71,301 for FY 2021.
Financial Statement Summary of Richway Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| 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 | ₹6,339 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹6,339 | •••• |
| 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 Richway Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.9% | •••• |
| Net Profit Margin | 8.9% | •••• |
| 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 Richway Solutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Richway Solutions Private Limited
Richway Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Healthcare Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| One Portfolio Advisory Private Limited | ₹82,530 (FY 2024) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
| Sri Dhanvanthari Madom Private Limited | ₹81,052 (FY 2022) | •••• | •••• | 2315.0% | •••• | Vattiyoorkavu, Kerala, India |
| Dr. Mohan's Healthcare Products Private Limited | ₹80,000 (FY 2025) | •••• | •••• | -100.0% | •••• | Chennai, Tamil Nadu, India |
| Santa Clara Wellness Private Limited | ₹76,000 (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Xmedco Commerce Private Limited | ₹73,800 (FY 2025) | •••• | •••• | -93.0% | •••• | New Delhi, Delhi, India |
| Richway Solutions Private Limited this company | ₹71,301 (FY 2021) | •••• | •••• | •••• | Sangamner, Maharashtra, India | |
| Vantlay Private Limited | ₹68,106 (FY 2025) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Tiger Roar Healthcare Private Limited | ₹63,000 (FY 2021) | •••• | •••• | 12.0% | •••• | Gurgaon, Haryana, India |
| Best Nutritionals India Private Limited | ₹62,624 (FY 2025) | •••• | •••• | •••• | Nashik, Maharashtra, India | |
| Humors Tech Private Limited | ₹62,575 (FY 2024) | •••• | •••• | •••• | Bangalore North, Karnataka, India | |
| Altmeds Marketplace Technologies Private Limited | ₹56,044 (FY 2024) | •••• | •••• | -86.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Richway Solutions by revenue in the Ecommerce and Internet industry (Healthcare Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Richway Solutions Private Limited
Richway Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasaheb Tukaram Shinde | Director | 10 Jun 2020 | 6 Years 3 Months | Current |
| Sagar Balasaheb Shinde Also directs: My Richway Solution Private Limited | Director | 13 Mar 2020 | 6 Years 6 Months | Current |
Charges & Borrowings of Richway Solutions Private Limited
Richway Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Richway Solutions Private Limited
Employment history and EPFO contributions of people linked to Richway Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Richway Solutions Private Limited
Richway Solutions Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Balasaheb Tukaram Shinde was appointed as Director on 10 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Richway Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Richway Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Richway Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Richway Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Richway Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Richway Solutions Private Limited
Richway Solutions is an active private limited company based in Sangamner, Maharashtra, India. The company works in specialty, within the trading industry. It was incorporated on 13 March 2020 (6+ years old) and is registered under CIN U51909MH2020PTC338757.
Richway Solutions reported revenue of ₹71,301 for FY 2021.
Richway Solutions has 2 current directors:
- Balasaheb Tukaram Shinde - Director
- Sagar Balasaheb Shinde - Director
Richway Solutions reported a net profit of ₹6,339 (net margin 8.9%) and EBITDA of ₹6,339 (EBITDA margin 8.9%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of Richway Solutions is U51909MH2020PTC338757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richway Solutions was incorporated on 13 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Richway Solutions by revenue are One Portfolio Advisory Private Limited, Sri Dhanvanthari Madom Private Limited, Dr. Mohan's Healthcare Products Private Limited, Santa Clara Wellness Private Limited, Xmedco Commerce Private Limited and 5 more, all in the Ecommerce and Internet industry (Healthcare Products).
Balasaheb Tukaram Shinde was appointed as Director on 10 Jun 2020. Mangesh Taterao Thombale ceased to be Director on 10 Jun 2020. Pankaj Kashinath Suryavanshi ceased to be Director on 10 Jun 2020. Richway Solutions has 4 board changes on record in total.
The registered office of Richway Solutions is at Akole Bypass Abhang Mala, Sangamner, Maharashtra, India – 422605.
Richway Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Richway Solutions operates in the trading industry, in the specialty segment.