Ricinash Renewable Materials Private Limited - Company Profile

It is a chemicals and materials private limited company based in Mumbai, Maharashtra, India, established in 1997.
1997 Mumbai, Maharashtra, India Active
Last Updated:
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About Ricinash Renewable Materials Private Limited

Ricinash Renewable Materials Private Limited, a active private limited company, was established on 29 January 1997 in Mumbai, Maharashtra, India. Engaging in industrial chemicals within the manufacturing sector, it holds CIN: U15140MH1997PTC105499. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹14.30 Cr and a paid-up capital of ₹13.79 Cr.

Formerly known as Ricinash Oil Mill Limited, Ricinash Renewable Materials Limited. It upholds a compliant status. Employing 6 professional, Its leadership includes Jigish Shailesh Choksi (Director), Ashish Ashwin Choksi (Managing Director), Manish Mahendra Choksi (Director). Past directors included Prafullika Shailesh Choksi, Shashikant Manubhai Limdi, Pratap Ashok Gokhale. It holds ₹1.97 Cr open charges and ₹2.05 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 202/203 Maghum Opusshanti Nagar Indl Estate Vakola Santacruz E, Mumbai, Maharashtra, 400055.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U15140MH1997PTC105499

  • Registration Number

    105499

  • Incorporation Date

    29 January 1997

  • Authorized Capital

    ₹14.30 Cr

  • Paid-Up Capital

    ₹13.79 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 14.30 Cr
  • Paid Up Capital ₹ 13.79 Cr
  • Company Age 29 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.97 Cr
  • Satisfied Charges ₹ 2.05 Cr
  • Revenue Growth **** -11.26%
  • Profit Growth **** 30.03%
  • Ebitda **** -10.55%
  • Net Worth 2.16%
  • Total Assets -7.08%
Company report

Ricinash Renewable Materials Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ricinash Renewable Materials Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ricinash Renewable Materials Private Limited?
Current Directors
Name Designation Appointment Date Status
Jigish Shailesh Choksi Director 30 Mar 2023 Current
Ashish Ashwin Choksi Managing Director 01 Oct 2009 Current
Manish Mahendra Choksi Director 29 Jan 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Mar 2023 Past
Pramod Abcsdd Director 27 Jan 2009 Past
Pramod Abcsdd Director 08 Mar 2022 Past
Pramod Abcsdd Additional Director 28 Sep 2023 Past
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Director 08 Mar 2022 Past

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Financial Performance of Ricinash Renewable Materials.

Ricinash Renewable Materials Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.26% decrease. The company also saw a substantial improvement in profitability, with a 30.03% increase in profit. The company's net worth moved up by a moderate rise of 2.16%.

Ricinash Renewable Materials revenue growth over time
Ricinash Renewable Materials profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -11.26%
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Revenue from Operations
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 -11.27%
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Total Assets
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 -7.08%
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Profit or Loss
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 30.03%
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Net Worth
*******
 2.16%
*******
*******
*******
*******
EBITDA
*******
 -10.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ricinash Renewable Materials?

In 2023, Ricinash Renewable Materials had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹19,700,000.00

Satisfied Charges

₹20,484,549.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 1.97 Cr
Latest Charge Details
Date Lender Amount Status
05 Apr 2023 Hdfc Bank Limited ₹0.10 M Open
19 Jan 2023 Hdfc Bank Limited ₹1.94 Cr Open
18 Apr 2019 Hdfc Bank Limited ₹0.20 M Open
18 Sep 2018 Hdfc Bank Limited ₹9.00 M Satisfied
18 Jan 2018 Hdfc Bank Limited ₹9.00 M Satisfied

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How Many Employees Work at Ricinash Renewable Materials?

Ricinash Renewable Materials has a workforce of 6 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ricinash Renewable Materials, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ricinash Renewable Materials's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ricinash Renewable Materials
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Ricinash Renewable Materials Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Ricinash Renewable Materials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 0.02 Cr registered on 18 Apr 2019 with Charge ID 100254921 was modified on 06 Apr 2024. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100706265 was registered on 05 Apr 2023. was recorded as a recent event.

  • Director Appointment

    Jigish Shailesh Choksi was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 2 years 11 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 18 Sep 2018 via Charge ID 100206079 with Hdfc Bank Limited was fully satisfied on 14 Feb 2023. was documented.

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Frequently Asked Questions
What is the CIN of Ricinash Renewable Materials Private Limited?

The CIN of Ricinash Renewable Materials Private Limited is U15140MH1997PTC105499.

Where is Ricinash Renewable Materials Private Limited headquartered?

Ricinash Renewable Materials Private Limited is headquartered at 202/203 Maghum Opusshanti Nagar Indl Estate Vakola Santacruz E, Mumbai, Maharashtra, 400055.

When was Ricinash Renewable Materials Private Limited incorporated?

Ricinash Renewable Materials Private Limited was incorporated on 29 January 1997.

Who are the current directors of Ricinash Renewable Materials Private Limited?

The current directors of Ricinash Renewable Materials Private Limited are

What is the primary industry of Ricinash Renewable Materials Private Limited?

The primary industry of Ricinash Renewable Materials Private Limited is Manufacturing.

Is Ricinash Renewable Materials Private Limited a listed company?

Ricinash Renewable Materials Private Limited is unlisted.

What is the capital structure of Ricinash Renewable Materials Private Limited?

The authorized capital of Ricinash Renewable Materials Private Limited is ₹14.30 Cr, and the paid-up capital is ₹13.79 Cr.

What is the compliance status of Ricinash Renewable Materials Private Limited?

The compliance status of Ricinash Renewable Materials Private Limited is Compliant.

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