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Riga Sugar Co Ltd - Company Profile

It is a agriculture public limited company based in Kolkata, West Bengal, India, established in 1980.

1980 | Kolkata, West Bengal, India | Under Liquidation
Last Updated:

About Riga Sugar Co Ltd

Riga Sugar Co Ltd, a under liquidation public limited company, was established on 02 September 1980 in Kolkata, West Bengal, India. Engaging in sugar processing within the manufacturing sector, it holds CIN: L15421WB1980PLC032970. Registered under ROC Roc Kolkata. it is listed on BSE: 507508. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹14.44 Cr.

It upholds a compliant status. Employing 10 professional, Its leadership includes Dilip Datta (Director), Neeraj Jain (Irp/Rp/Liquidator), Richa Ajitsaria (Director). Past directors included Dilip Datta, Goutam Bhattacharya, Rahul Pasari. It holds ₹314.33 Cr open charges and ₹502.65 Cr settled loans. Its latest AGM occurred on 21 September 2021, with the balance sheet filed on 31 March 2021. It is based at 14 Netaji Subhas Road2Nd Floor P S Hare Street, Kolkata, West Bengal, 700001.

Company Details

  • CIN/LLPIN

    L15421WB1980PLC032970

  • Registration Number

    032970

  • Incorporation Date

    02 September 1980

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹14.44 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Listed (BSE: 507508)

  • Company Status

    Under Liquidation

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 14.44 Cr
  • Company Age 45 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 314.33 Cr
  • Satisfied Charges ₹ 502.65 Cr
  • Revenue Growth -46.15%
  • Profit Growth -96.56%
  • Ebitda -158.06%
  • Net Worth -220.34%
  • Total Assets -36.30%
Company report

Riga Sugar Co Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Riga Sugar Co Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Riga Sugar Co Ltd?

Current Directors

NameDesignationAppointment DateStatus
Dilip DattaDirector11 Feb 2016Current
Neeraj JainIrp/Rp/Liquidator16 May 2023Current
Richa AjitsariaDirector29 Jul 2021Current
Om Prakash DhanukaManaging Director02 Sep 1980Current
Jitendra Kumar PachisiaCfo19 Aug 2020Current
Purushottam Jagannath BhideDirector12 Apr 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2016Past
Pramod AbcsddNominee Director18 Mar 2009Past
Pramod AbcsddDirector26 May 2011Past
Pramod AbcsddDirector28 Mar 2019Past
Pramod AbcsddDirector29 Jan 2009Past
Pramod AbcsddCompany Secretary01 Apr 2019Past

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Financial Performance of Riga Sugar Co.

Riga Sugar Co Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 46.15% decrease. The company also saw a substantial fall in profitability, with a 96.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 220.34%.

Riga Sugar Co revenue growth over time
Riga Sugar Co profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-46.15%
Revenue from Operations
-48.32%
Total Assets
-36.30%
Profit or Loss
-96.56%
Net Worth
-220.34%
EBITDA
-158.06%

What is the Ownership and Shareholding Structure of Riga Sugar Co?

In 2021, Riga Sugar Co had a promoter holding of 68.47% and a public holding of 31.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹3,143,349,000.00

Satisfied Charges

₹5,026,500,000.00

Charges Breakdown by Lending Institutions

  • Others : 281.02 Cr
  • Union Bank Of India : 33.31 Cr

Latest Charge Details

DateLenderAmountStatus
14 Dec 2015Union Bank Of India₹2.31 CrOpen
30 Oct 2015Union Bank Of India₹4.20 CrOpen
02 May 2014Union Bank Of India₹3.21 CrOpen
02 Apr 2011Union Bank Of India₹3.00 CrOpen
19 Mar 2008Union Bank Of India₹1.65 CrOpen

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How Many Employees Work at Riga Sugar Co?

Riga Sugar Co has a workforce of 10 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Riga Sugar Co Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Riga Sugar Co, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Riga Sugar Co's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Riga Sugar Co

Recent Activity within the Organization

  • Director Appointment

    Neeraj Jain was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 16 May 2023 & has been associated with this company since 2 years 6 months . was recorded as a recent event.

  • Annual General Meeting

    Riga Sugar Co Ltd last Annual general meeting of members was held on 21 Sep 2021 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Richa Ajitsaria was appointed as a Director was appointed as a Director on 29 Jul 2021 & has been associated with this company since 4 years 4 months . was completed.

  • Balance Sheet

    Riga Sugar Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata. was recorded as a recent event.

  • Director Appointment

    The activity Jitendra Kumar Pachisia was appointed as a CFO was appointed as a CFO on 19 Aug 2020 & has been associated with this company since 5 years 3 months . was completed.

  • Director Appointment

    Progress on Jitendra Kumar Pachisia was appointed as a CFO was appointed as a CFO on 19 Aug 2020 & has been associated with this company since 5 years 3 months . was documented.

Frequently Asked Questions

  • What is the CIN of Riga Sugar Co Ltd?

    The CIN of Riga Sugar Co Ltd is L15421WB1980PLC032970.

  • Where is Riga Sugar Co Ltd headquartered?

    Riga Sugar Co Ltd is headquartered at 14 Netaji Subhas Road2Nd Floor P S Hare Street, Kolkata, West Bengal, 700001.

  • When was Riga Sugar Co Ltd incorporated?

    Riga Sugar Co Ltd was incorporated on 02 September 1980.

  • Who are the current directors of Riga Sugar Co Ltd?

    The current directors of Riga Sugar Co Ltd are

  • What is the primary industry of Riga Sugar Co Ltd?

    The primary industry of Riga Sugar Co Ltd is Manufacturing.

  • Is Riga Sugar Co Ltd a listed company?

    Riga Sugar Co Ltd is listed. It is listed on BSE: 507508.

  • What is the capital structure of Riga Sugar Co Ltd?

    The authorized capital of Riga Sugar Co Ltd is ₹20.00 Cr, and the paid-up capital is ₹14.44 Cr.

  • What is the compliance status of Riga Sugar Co Ltd?

    The compliance status of Riga Sugar Co Ltd is Compliant.

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