About Riddisiddhi Bullions Limited
Data last updated:
Riddisiddhi Bullions Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 09 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1994PLC083644. Its GSTIN is 27AAACR6727L1Z0 (Maharashtra). The company holds 10 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹42 Cr and a paid-up capital of ₹11.72 Cr. It is led by directors including Prithviraj Saremal Kothari (Managing Director) and Sanjiv Laxman Arole.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹19,235 Cr, a growth of 144% compared to the previous year. For the same year it recorded a net profit of ₹59.98 Cr (net margin 0.3%) and EBITDA of ₹88.53 Cr (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 57% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: RSBL. As per MCA filings, the company has open charges of ₹59.5 Cr and satisfied charges of ₹90 Cr on record. Court records list 21 cases involving the company, including 18 filed by the company and 3 filed against it; 10 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.7 Cr; the latest was in December 2019. The company has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rsbl.in.
Company details
CIN history
Riddisiddhi Bullions has one previous CIN (Corporate Identification Number): U36912MH1994PTC083644. The current CIN is U36912MH1994PLC083644, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36912MH1994PLC083644 | Current |
| U36912MH1994PTC083644 | Previous |
Contact details
Riddisiddhi Bullions Limited's registered office is in Mumbai, Maharashtra. Its website is rsbl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5/Abc Floor – 5th 122 Trishala Chs Shaikh Memon Street Zaveri Bazar Kalba, Devi, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Riddisiddhi Bullions 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 Riddisiddhi Bullions 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 Riddisiddhi Bullions Limited, buy the company report.
Financials of Riddisiddhi Bullions Limited
FY 2025 filings availableRiddisiddhi Bullions Limited reported revenue of ₹19,235 Cr (up 144% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 144% growth in the latest year. EBITDA rose 148% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19,235 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹88.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.98 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Riddisiddhi Bullions Limited, buy the company report.
Board of directors and KMP of Riddisiddhi Bullions Limited
Riddisiddhi Bullions Limited currently reports 4 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Laxman Arole Also directs: Supama Commodities Limited | Director | 27 Apr 2017 | 9 Years 6 Months | Current |
| Prithviraj Saremal Kothari Also directs: Supama Financial Services LLP, India Bullion and Jewellers Association Limited, Jain International Trade Organisation and 5 more | Managing Director | 27 Sep 2003 | 23 Years 1 Months | Current |
| Bhawarlal Saremal Kothari | Director | 27 Sep 2003 | 23 Years 1 Months | Current |
| Mukesh Manekchand Kothari | Cfo | 14 Mar 2020 | 6 Years 7 Months | Current |
| Riddhi Kamlesh Tilwani Also directs: Augmont Goldtech Private Limited | Additional Director | 19 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Riddisiddhi Bullions Limited is audited by SGCO & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGCO & Co. LLP | FY 2025 | 112081W |
Shareholding
The shareholding of Riddisiddhi Bullions Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Riddisiddhi Bullions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2025 | 101109071 | Others | ₹35 Lakh | Open | |
| 23 May 2025 | 101109119 | Others | ₹50 Lakh | Open | |
| 29 Jan 2020 | 100325352 | State Bank of India | ₹25 Cr | Open | |
| 09 Jan 2020 | 100324852 | State Bank of India | ₹25 Cr | Open | |
| 09 Oct 2019 | 100297909 | Others | ₹8.65 Cr | Open |
To see the full charge records of Riddisiddhi Bullions Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Riddisiddhi Bullions Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.7 Cr; the latest was in December 2019.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Funding round | ₹25.6 Cr | Investors: Dune Leasing and Finance Limited , Duncan Macneill Construction and Developers Limited |
| May 2010 | Funding round | ₹14.58 Cr | Investors: Treelife Consultancy Services LLP |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Treelife Consultancy Services LLP Seller: 4 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Treelife Consultancy Services LLP , an individual Seller: 2 individuals |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: World Water Fun Resorts Limited , 3 individuals |
To see the full deal history of Riddisiddhi Bullions Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Riddisiddhi Bullions Limited has 21 court cases on record: 18 filed by Riddisiddhi Bullions, 3 filed against it. 10 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 3 | 7 |
| District courts | 3 | 0 | 3 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Kumar Builders Project Pune Private Ltd. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Kumar Builders Project Pune Private Limited and 3 others | Pending |
| NCLT, Jaipur | Insolvency matter | Filed by the company against FS Housing Private Limited | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against Kumar Builders Project Pune Private Limited and 3 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against an individual | Pending |
To see the full case history of Riddisiddhi Bullions 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
Riddisiddhi Bullions Limited has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| K.M. Tulsian & Associates |
To see the full MSME payment records of Riddisiddhi Bullions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Riddisiddhi Bullions has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Supama Commodities Limited | U51100MH2005PLC152050 | |
| RSBL Dia Jewels Private Limited | U74900MH2013PTC240562 |
To see the full group structure of Riddisiddhi Bullions Limited, buy the company report.
GST
Riddisiddhi Bullions has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR6727L1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 19AAACR6727L1ZX | West Bengal | Active | 01 Jul 2017 |
| 24AAACR6727L1Z6 | Gujarat | Active | 01 Jul 2017 |
| 29AAACR6727L1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riddisiddhi Bullions Limited, buy the company report.
Recent activity
Riddisiddhi Bullions Limited has 16 board changes on record since 2003: 6 appointments and 10 cessations. The latest: Riddhi Kamlesh Tilwani was appointed as Additional Director on 19 Dec 2025.
19 earlier events are in the company report.
News
From our blog
Frequently asked questions
Riddisiddhi Bullions is an active public limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 09 December 1994 (32+ years old) and is registered under CIN U36912MH1994PLC083644.
Riddisiddhi Bullions has 5 current directors and KMP:
- Prithviraj Saremal Kothari - Managing Director
- Sanjiv Laxman Arole - Director
- Bhawarlal Saremal Kothari - Director
- Riddhi Kamlesh Tilwani - Additional Director
- Mukesh Manekchand Kothari - Cfo
The latest financial statements of Riddisiddhi Bullions 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 Riddisiddhi Bullions is 27AAACR6727L1Z0, registered in Maharashtra. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 19AAACR6727L1ZX (West Bengal), 24AAACR6727L1Z6 (Gujarat), 29AAACR6727L1ZW (Karnataka).
The CIN (Corporate Identification Number) of Riddisiddhi Bullions is U36912MH1994PLC083644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riddisiddhi Bullions has 21 court cases on record: 18 filed by the company and 3 filed against it. 10 are pending. Most are in the high courts.
Riddisiddhi Bullions was incorporated on 09 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Riddisiddhi Bullions has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.7 Cr; the latest was in December 2019.
Riddhi Kamlesh Tilwani was appointed as Additional Director on 19 Dec 2025. Vidhya Pravin Balota ceased to be Additional Director on 30 Nov 2021. Vidhya Pravin Balota was appointed as Director on 17 Aug 2021. Riddisiddhi Bullions has 16 board changes on record in total.
Riddisiddhi Bullions has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 May 2019.
Riddisiddhi Bullions can be reached through the website rsbl.in. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
