- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0003023

About Riddhi Siddhi Offsets Private Limited
Data last updated:
Riddhi Siddhi Offsets Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the paper segment of the packaging sector. It was incorporated on 16 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U22212MP1993PTC007997. Its GSTIN is 23AACCS3054P1Z7 (Madhya Pradesh).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹33.66 Lakh. It was formerly known as Shubh Labh Offsets Private Limited. It is led by directors Shankar Lal Goyal and Satish Goyal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 108 – A Palda Naka Main Road, Indore, Madhya Pradesh, India – 452020.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.35 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.33 Lakh (net margin -8.1%) and EBITDA of ₹13.92 Lakh (EBITDA margin 85.1%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 63% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹11.64 Cr on record.
Riddhi Siddhi Offsets Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0003023). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riddhisiddhioffsets.com.
Company details
Recognitions & Rankings of Riddhi Siddhi Offsets
Contact details
Riddhi Siddhi Offsets Private Limited's registered office is in Indore, Madhya Pradesh. Its website is riddhisiddhioffsets.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address108 – A Palda Naka Main Road, Indore, Madhya Pradesh, India – 452020
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Riddhi Siddhi Offsets 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 Riddhi Siddhi Offsets is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Riddhi Siddhi Offsets Private Limited, buy the company report.
Financials of Riddhi Siddhi Offsets Private Limited
FY 2025 filings availableRiddhi Siddhi Offsets Private Limited reported revenue of ₹16.35 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 99% fall in the latest year. EBITDA fell 90% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹13.92 Lakh | ||||
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| Net Profit (PAT) | -₹1.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 85.1% | ||||
| Net Profit Margin | -8.1% | ||||
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To see the full financial statements and ratios of Riddhi Siddhi Offsets Private Limited, buy the company report.
Board of directors of Riddhi Siddhi Offsets Private Limited
Riddhi Siddhi Offsets 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 |
|---|---|---|---|---|
| Shankar Lal Goyal | Director | 08 Apr 2011 | 15 Years 7 Months | Current |
| Satish Goyal Also directs: Apple Flexipack Private Limited | Director | 16 Dec 1993 | 32 Years 10 Months | Current |
Peer comparison
Riddhi Siddhi Offsets Private Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reliable Printing Solutions Private Limited | ₹16.76 Lakh (FY 2023) | -66.0% | Mumbai, Maharashtra, India | |||
| Viswambhara Corrugated Containers Private Limited | ₹16.59 Lakh (FY 2024) | -20.0% | Rr Dt, Telangana, India | |||
| Spire Papers Private Limited | ₹16.53 Lakh (FY 2024) | -67.0% | Gurgaon, Haryana, India | |||
| Riddhi Siddhi Offsets Private Limitedthis company | ₹16.35 Lakh (FY 2025) | -₹1.33 Lakh | -8.1% | -99.0% | 71 | Indore, Madhya Pradesh, India |
| Shruti Dataforms Private Limited | ₹16.01 Lakh (FY 2023) | -81.0% | Guwahati, Assam, India |
To see the full peer comparison of Riddhi Siddhi Offsets Private Limited, buy the company report.
Auditor
Riddhi Siddhi Offsets Private Limited is audited by R.S.Bansal & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.S.Bansal & Co. | FY 2018 | 000939C |
Shareholding
The shareholding of Riddhi Siddhi Offsets Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Riddhi Siddhi Offsets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2015 | 10612287 | Others | ₹5.22 Cr | Satisfied | |
| 03 Sep 2011 | 10305442 | Bank of Baroda | ₹5.75 Cr | Satisfied | |
| 25 Feb 2007 | 10045096 | Canara Bank | ₹45 Lakh | Satisfied | |
| 27 Mar 2004 | 90204150 | Bank of Baroda | ₹8 Lakh | Satisfied | |
| 04 Mar 1994 | 90202923 | Bank of Baroda | ₹11 Lakh | Satisfied |
To see the full charge records of Riddhi Siddhi Offsets Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Riddhi Siddhi Offsets Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Riddhi Siddhi Offsets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Riddhi Siddhi Offsets Private Limited has a workforce of 71 employees on its EPFO records as of Dec 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 71 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Riddhi Siddhi Offsets Private Limited, buy the company report.
GST
Riddhi Siddhi Offsets has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCS3054P1Z7 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riddhi Siddhi Offsets Private Limited, buy the company report.
Recent activity
Riddhi Siddhi Offsets Private Limited has 4 board changes on record since 1993: 2 appointments and 2 cessations. The latest: Manorama Mangal ceased to be Director on 14 Sep 2023.
10 earlier events are in the company report.
Frequently asked questions
Riddhi Siddhi Offsets is an active private limited company based in Indore, Madhya Pradesh, India. The company works in paper, within the packaging industry. It was incorporated on 16 December 1993 (33+ years old) and is registered under CIN U22212MP1993PTC007997.
Riddhi Siddhi Offsets has 2 current directors:
- Shankar Lal Goyal - Director
- Satish Goyal - Director
The latest financial statements of Riddhi Siddhi Offsets on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Riddhi Siddhi Offsets is 23AACCS3054P1Z7, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Riddhi Siddhi Offsets is U22212MP1993PTC007997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riddhi Siddhi Offsets was incorporated on 16 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Riddhi Siddhi Offsets by revenue are Reliable Printing Solutions Private Limited, Viswambhara Corrugated Containers Private Limited, Spire Papers Private Limited, Shruti Dataforms Private Limited, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Manorama Mangal ceased to be Director on 14 Sep 2023. Rajesh Mangal ceased to be Director on 14 Sep 2023. Shankar Lal Goyal was appointed as Director on 08 Apr 2011. Riddhi Siddhi Offsets has 4 board changes on record in total.
Yes, Riddhi Siddhi Offsets is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0003023).
Riddhi Siddhi Offsets can be reached through the website riddhisiddhioffsets.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Riddhi Siddhi Offsets is at 108 – A Palda Naka Main Road, Indore, Madhya Pradesh, India – 452020.

