MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0087909
Riddhisiddhi Metals B'lore Private Limited - metals and minerals in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹136.41 Cr
▼ 9% YoY
Net profit · FY 2024
₹99.07 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹5.68 Cr
EBITDA margin 4.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹45 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
29
Provident fund records
About Riddhisiddhi Metals B'lore Private Limited
Data last updated:
Riddhisiddhi Metals B'lore Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 27 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27310KA2019PTC122768. Its GSTIN is 29AAJCR5026R1ZL (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Harsh Goutham Jain and Sanjay Kumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 142/9 Kasturbha Nagar Mysore Road, Bengaluru, Karnataka, India – 560026.
As per the financials filed for FY 2024, the company reported a revenue of ₹136.41 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹99.07 Lakh (net margin 0.7%) and EBITDA of ₹5.68 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
Riddhisiddhi Metals B'lore Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0087909). For more details, the company can be reached via its website riddhi-siddhi.co.
Company details
CIN U27310KA2019PTC122768
Registration Number 122768
Incorporation Date 27 March 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0087909
Recognitions & Rankings of Riddhisiddhi Metals B'lore
Contact details
Riddhisiddhi Metals B'lore Private Limited's registered office is in Bengaluru, Karnataka. Its website is riddhi-siddhi.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address142/9 Kasturbha Nagar Mysore Road, Bengaluru, Karnataka, India – 560026
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Riddhisiddhi Metals B'lore Private Limited, buy the company report.
Comprehensive company report
Riddhisiddhi Metals B'lore Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Riddhisiddhi Metals B'lore is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Riddhisiddhi Metals B'lore Private Limited, buy the company report.
Financials of Riddhisiddhi Metals B'lore Private Limited
FY 2024 filings availableRiddhisiddhi Metals B'lore Private Limited reported revenue of ₹136.41 Cr (down 9% YoY) for FY 2024.
Revenue · FY 2024
₹136.41 Cr ▼ 9%
Net profit · FY 2024
₹99.07 Lakh margin 0.7%
EBITDA · FY 2024
₹5.68 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 31%
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹99.07 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Riddhisiddhi Metals B'lore Private Limited, buy the company report.
Board of directors of Riddhisiddhi Metals B'lore Private Limited
Riddhisiddhi Metals B'lore has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Goutham Jain | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
| Sanjay Kumar Jain | Director | 27 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Riddhisiddhi Metals B'lore Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Metals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sona Ispat India Private Limited | ₹137.35 Cr (FY 2025) | 37.0% | Raipur, Chhattisgarh, India | |||
| Viraj Procon Private Limited | ₹137.17 Cr (FY 2025) | -9.0% | Rajkot, Gujarat, India | |||
| Anantajit Steels Private Limited | ₹136.5 Cr (FY 2025) | 0.0% | Delhi, India | |||
| Riddhisiddhi Metals B'lore Private Limitedthis company | ₹136.41 Cr (FY 2024) | ₹99.07 Lakh | 0.7% | -9.0% | 29 | Bengaluru, Karnataka, India |
| PSP Trading Private Limited | ₹136.31 Cr (FY 2025) | -12.0% | Patna, Bihar, India |
To see the full peer comparison of Riddhisiddhi Metals B'lore Private Limited, buy the company report.
Auditor
Riddhisiddhi Metals B'lore Private Limited is audited by MGIRT & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGIRT & Co. | FY 2023 | 002047S |
Shareholding
The shareholding of Riddhisiddhi Metals B'lore Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Riddhisiddhi Metals B'lore Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2021 | 100418612 | Others | ₹45 Cr | Open |
To see the full charge records of Riddhisiddhi Metals B'lore Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Riddhisiddhi Metals B'lore Private Limited has 4 court cases on record: 4 filed by Riddhisiddhi Metals B'lore. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S Manomay Fab | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Manomay Fab | Disposed |
To see the full case history of Riddhisiddhi Metals B'lore 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
No delayed payments to MSME suppliers are on our record for Riddhisiddhi Metals B'lore Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Riddhisiddhi Metals B'lore Private Limited has a workforce of 29 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
70.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 29 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Riddhisiddhi Metals B'lore Private Limited, buy the company report.
GST
Riddhisiddhi Metals B'lore has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCR5026R1ZL | Karnataka | Active | 11 Jun 2019 |
To see the full GST registrations and return filing status of Riddhisiddhi Metals B'lore Private Limited, buy the company report.
Recent activity
Riddhisiddhi Metals B'lore Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Goutham Jain Champalal ceased to be Director on 26 Mar 2021.
Charges
A charge with Others of Rs. 4,500.00 Lakh registered on 01 Feb 2021 with Charge ID 100418612 was modified on 18 Sep 2025.
AGM
Riddhisiddhi Metals B'Lore Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Riddhisiddhi Metals B'Lore Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Goutham Jain Champalal ceased to be Director.
Appointed
Harsh Goutham Jain was appointed as Director.
Charges
A charge with Others amounted to Rs. 4,500.00 Lakh with Charge ID 100418612 was registered on 01 Feb 2021.
Appointed
Sanjay Kumar Jain was appointed as Director.
Incorporation
27 Mar 2019
Riddhisiddhi Metals B'Lore Private Limited was registered on 27 Mar 2019 with Roc Bangalore & aged 7 years 7 months as per MCA records.
Frequently asked questions
Riddhisiddhi Metals B'lore is an active private limited company based in Bengaluru, Karnataka, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 27 March 2019 (7+ years old) and is registered under CIN U27310KA2019PTC122768.
Riddhisiddhi Metals B'lore has 2 current directors:
- Harsh Goutham Jain - Director
- Sanjay Kumar Jain - Director
The latest financial statements of Riddhisiddhi Metals B'lore on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Riddhisiddhi Metals B'lore is 29AAJCR5026R1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Riddhisiddhi Metals B'lore is U27310KA2019PTC122768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riddhisiddhi Metals B'lore has 4 court cases on record: 4 filed by the company. 2 are pending.
Riddhisiddhi Metals B'lore was incorporated on 27 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Riddhisiddhi Metals B'lore by revenue are Sona Ispat India Private Limited, Viraj Procon Private Limited, Anantajit Steels Private Limited, PSP Trading Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Metals), with the same principal business activity (wholesale trading).
Goutham Jain Champalal ceased to be Director on 26 Mar 2021. Harsh Goutham Jain was appointed as Director on 26 Mar 2021. Sanjay Kumar Jain was appointed as Director on 27 Mar 2019.
Yes, Riddhisiddhi Metals B'lore is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0087909).
Riddhisiddhi Metals B'lore can be reached through the website riddhi-siddhi.co. Its registered office is in Bengaluru, Karnataka, India.
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