Rieles Products Private Limited
About Rieles Products Private Limited
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Rieles Products Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the manufacturing segment of the metals and mining sector. It was incorporated on 22 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27200KA2018PTC118725.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.72 Lakh. It is led by directors Padamsundari and Pawan Gopinath.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #112 12th Main 18th Stage Binny Layout (M C Layout) Vijayanagar, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.31 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹4.03 Lakh (net margin -55.1%) and EBITDA of -₹4.03 Lakh (EBITDA margin -55.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
Company details
Contact details
Rieles Products Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address#112 12th Main 18th Stage Binny Layout (M C Layout) Vijayanagar, Bangalore, Karnataka, India – 560040
- IndustryMetal & Minerals, Manufacturing, Precious And Non-Ferrous Metal
- 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 Rieles Products 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 Rieles Products Private Limited, buy the company report.
Financials of Rieles Products Private Limited
FY 2023 filings availableRieles Products Private Limited reported revenue of ₹7.31 Lakh (down 47% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over three years, including a 47% fall in the latest year. EBITDA fell 89% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹4.03 Lakh | ||||
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| Net Profit (PAT) | -₹4.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -55.1% | ||||
| Net Profit Margin | -55.1% | ||||
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To see the full financial statements and ratios of Rieles Products Private Limited, buy the company report.
Board of directors of Rieles Products Private Limited
Rieles Products has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padamsundari | Director | 26 Jun 2021 | 5 Years 4 Months | Current |
| Pawan Gopinath | Director | 22 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Rieles Products Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| RSB Impex Private Limited | ₹7.38 Lakh (FY 2020) | -67.0% | Ahmedabad, Gujarat, India | |||
| Alphonsa Metal and Alloys Private Limited | ₹7.37 Lakh (FY 2024) | Aurangabad, Maharashtra, India | ||||
| Sipoc India Private Limited | ₹7.37 Lakh (FY 2021) | Bengaluru, Karnataka, India | ||||
| Zinoy Equipments Private Limited | ₹7.36 Lakh (FY 2019) | -60.0% | Mumbai, Maharashtra, India | |||
| Velar Hardware Private Limited | ₹7.33 Lakh (FY 2025) | -58.0% | Delhi, India | |||
| Rieles Products Private Limitedthis company | ₹7.31 Lakh (FY 2023) | -₹4.03 Lakh | -55.1% | -47.0% | Bangalore, Karnataka, India | |
| Saishakti Properties Private Limited | ₹7.31 Lakh (FY 2024) | 523.0% | Mumbai, Maharashtra, India | |||
| Sun Ferromelt Private Limited | ₹7.3 Lakh (FY 2021) | -99.0% | Pune, Maharashtra, India | |||
| Shree Mahavir Rolling Mills Private Limited | ₹7.27 Lakh (FY 2024) | 20.0% | Uttar Pradesh, India | |||
| Novex Commercials Limited | ₹7.26 Lakh (FY 2015) | 1352.0% | Delhi, India | |||
| Principle Auto Components Private Limited | ₹7.25 Lakh (FY 2018) | Pune, Maharashtra, India |
To see the full peer comparison of Rieles Products Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rieles Products 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 Rieles Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Rieles Products Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rieles Products Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Padamsundari ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Rieles Products is an active private limited company based in Bangalore, Karnataka, India. The company works in manufacturing, within the metal and minerals industry. It was incorporated on 22 November 2018 (8+ years old) and is registered under CIN U27200KA2018PTC118725.
Rieles Products has 2 current directors:
- Padamsundari - Director
- Pawan Gopinath - Director
The latest financial statements of Rieles Products on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Rieles Products is U27200KA2018PTC118725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rieles Products was incorporated on 22 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rieles Products by revenue are RSB Impex Private Limited, Alphonsa Metal and Alloys Private Limited, Sipoc India Private Limited, Zinoy Equipments Private Limited, Velar Hardware Private Limited and 5 more, all in the same principal business activity (metal and metal products).
Padamsundari ceased to be Additional Director on 30 Nov 2021. Padamsundari was appointed as Director on 26 Jun 2021. Gopinath Jayaram ceased to be Director on 06 Apr 2021. Rieles Products has 5 board changes on record in total.
The registered office of Rieles Products is at #112 12th Main 18th Stage Binny Layout M C Layout Vijayanagar, Bangalore, Karnataka, India – 560040.
Rieles Products operates in the metal and minerals industry, in the manufacturing segment.
Rieles Products can be reached at its registered office: #112 12th Main 18th Stage Binny Layout M C Layout Vijayanagar, Bangalore, Karnataka, India – 560040.
Rieles Products is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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