MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-01-0021091
Ridon Engineering Private Limited - manufacturing in Ahmednagar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹3.12 Cr
▲ 20% YoY
Net profit · FY 2022
₹18.12 Lakh
Net margin 5.8%
EBITDA · FY 2022
₹1.08 Cr
EBITDA margin 34.5%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹4.77 Cr
Satisfied ₹3.17 Cr
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Ridon Engineering Private Limited
Data last updated:
Ridon Engineering Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 29 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29220PN2008PTC132723. Its GSTIN is 27AAECR1143E1ZR (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Pramila Ramesh Bothe and Ramesh Bahiru Bothe.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No. B – 66 & 67 MIDC Supa Tal Parner, Ahmednagar, Maharashtra, India – 414301.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.12 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹18.12 Lakh (net margin 5.8%) and EBITDA of ₹1.08 Cr (EBITDA margin 34.5%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹4.77 Cr and satisfied charges of ₹3.17 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Ridon Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0021091). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ridon.co.in.
Company details
CIN U29220PN2008PTC132723
Registration Number 132723
Incorporation Date 29 August 2008
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-01-0021091
Recognitions & Rankings of Ridon Engineering
Contact details
Ridon Engineering Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is ridon.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. B – 66 & 67 MIDC Supa Tal Parner, Ahmednagar, Maharashtra, India – 414301
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Ridon Engineering Private Limited, buy the company report.
Comprehensive company report
Ridon Engineering 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 Ridon Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ridon Engineering Private Limited, buy the company report.
Financials of Ridon Engineering Private Limited
FY 2022 filings availableRidon Engineering Private Limited reported revenue of ₹3.12 Cr (up 20% YoY) for FY 2022.
Revenue · FY 2022
₹3.12 Cr ▲ 20%
Net profit · FY 2022
₹18.12 Lakh margin 5.8%
EBITDA · FY 2022
₹1.08 Cr margin 34.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 20%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 2%
5 years · compounded
▲ 18%
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 27% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.12 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.5% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 Ridon Engineering Private Limited, buy the company report.
Board of directors of Ridon Engineering Private Limited
Ridon Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramila Ramesh Bothe | Director | 24 May 2018 | 8 Years 5 Months | Current |
| Ramesh Bahiru Bothe | Director | 29 Aug 2008 | 18 Years 2 Months | Current |
Peer comparison
Ridon Engineering Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ahmedabad Victoriaa Engineering Private Limited | ₹3.21 Cr (FY 2025) | 55.0% | Ahmedabad, Gujarat, India | |||
| A R G Aluminium Private Limited | ₹3.21 Cr (FY 2025) | 5.0% | Bangalore, Karnataka, India | |||
| Mouldtech Ferro-Cast Private Limited | ₹3.13 Cr (FY 2025) | -29.0% | Ahmedabad, Gujarat, India | |||
| Mohindra Die Casting Private Limited | ₹3.13 Cr (FY 2025) | 2.0% | Punjab, India | |||
| Ridon Engineering Private Limitedthis company | ₹3.12 Cr (FY 2022) | ₹18.12 Lakh | 5.8% | 20.0% | Ahmednagar, Maharashtra, India | |
| Hatsumei Techno International Private Limited | ₹3.04 Cr (FY 2024) | 29.0% | Ghaziabad, Uttar Pradesh, India | |||
| Vijay Tool Room Private Limited | ₹3.03 Cr (FY 2023) | 10.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Ridon Engineering Private Limited, buy the company report.
Auditor
Ridon Engineering Private Limited is audited by KADAM & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KADAM & CO | FY 2022 | 104524W |
Shareholding
The shareholding of Ridon Engineering 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 Ridon Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.77 Cr
Satisfied charges
₹3.17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2019 | 100243426 | Others | ₹3.5 Cr | Open | |
| 18 Feb 2019 | 100243428 | Others | ₹1 Cr | Open | |
| 19 Mar 2014 | 100400147 | Bank of Maharashtra | ₹27 Lakh | Open | |
| 18 Jun 2012 | 10454358 | Others | ₹2.57 Cr | Satisfied | |
| 22 Mar 2010 | 10219148 | State Bank of India | ₹59.5 Lakh | Satisfied |
To see the full charge records of Ridon Engineering Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ridon Engineering Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Civil suit | Filed against the company by Dharani Traders Through Amin Kasamal Dharani | Pending |
To see the full case history of Ridon Engineering 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 Ridon Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ridon Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR1143E1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ridon Engineering Private Limited, buy the company report.
Recent activity
Ridon Engineering Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Pramila Ramesh Bothe ceased to be Additional Director on 29 Sep 2018.
AGM
Ridon Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Ridon Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Charges
A charge registered on 18 Jun 2012 via Charge ID 10454358 with Others was fully satisfied on 27 Feb 2019.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100243426 was registered on 18 Feb 2019.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100243428 was registered on 18 Feb 2019.
Ceased
Pramila Ramesh Bothe ceased to be Additional Director.
Charges
A charge with Others of Rs. 2.57 Cr registered on 18 Jun 2012 with Charge ID 10454358 was modified on 19 Jun 2018.
Appointed
Pramila Ramesh Bothe was appointed as Director.
Ceased
Rohit Bhausaheb Dangade ceased to be Director.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 0.27 Cr with Charge ID 100400147 was registered on 19 Mar 2014.
Charges
A charge registered on 22 Mar 2010 via Charge ID 10219148 with State Bank Of India was fully satisfied on 18 Apr 2013.
Charges
A charge with Others amounted to Rs. 2.57 Cr with Charge ID 10454358 was registered on 18 Jun 2012.
3 earlier events are in the company report.
Frequently asked questions
Ridon Engineering is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 29 August 2008 (18+ years old) and is registered under CIN U29220PN2008PTC132723.
Ridon Engineering has 2 current directors:
- Pramila Ramesh Bothe - Director
- Ramesh Bahiru Bothe - Director
The latest financial statements of Ridon Engineering on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Ridon Engineering is 27AAECR1143E1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ridon Engineering is U29220PN2008PTC132723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ridon Engineering has 1 court case on record: 1 filed against it. 1 is pending.
Ridon Engineering was incorporated on 29 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ridon Engineering by revenue are Ahmedabad Victoriaa Engineering Private Limited, A R G Aluminium Private Limited, Mouldtech Ferro-Cast Private Limited, Mohindra Die Casting Private Limited, Hatsumei Techno International Private Limited and 1 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Pramila Ramesh Bothe ceased to be Additional Director on 29 Sep 2018. Pramila Ramesh Bothe was appointed as Director on 24 May 2018. Rohit Bhausaheb Dangade ceased to be Director on 24 May 2018. Ridon Engineering has 4 board changes on record in total.
Yes, Ridon Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-01-0021091).
Ridon Engineering can be reached through the website ridon.co.in. Its registered office is in Ahmednagar, Maharashtra, India.
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