Rightex Commerce Pvt. Ltd.
About Rightex Commerce Pvt. Ltd.
Data last updated:
Rightex Commerce Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 19 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB1993PTC058171. Its GSTIN is 19AABCR4972N1ZP (West Bengal).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.22 Cr. It is led by directors Kishan Kumar Daga and Shree Ballabh Daga.
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 7/1C Lindsay Street, Kolkata, West Bengal, India – 700087.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.73 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹74,803 (net margin -2.5%) and EBITDA of ₹2.29 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹2.4 Cr and satisfied charges of ₹4.84 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Rightex Commerce has one previous CIN (Corporate Identification Number): U99999WB1993PTC058171. The current CIN is U51109WB1993PTC058171, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109WB1993PTC058171 | Current |
| U99999WB1993PTC058171 | Previous |
Contact details
Rightex Commerce Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7/1C Lindsay Street, Kolkata, West Bengal, India – 700087
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Rightex Commerce Pvt. Ltd., 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
Financials of Rightex Commerce Pvt. Ltd.
FY 2024 filings availableRightex Commerce Pvt. Ltd. reported revenue of ₹29.73 Lakh (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 14% growth in the latest year. EBITDA rose 3% 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 |
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| EBITDA | ₹2.29 Lakh | ||||
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| Net Profit (PAT) | -₹74,803 | ||||
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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 | 7.7% | ||||
| Net Profit Margin | -2.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rightex Commerce Pvt. Ltd., buy the company report.
Board of directors of Rightex Commerce Pvt. Ltd.
Rightex Commerce 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 |
|---|---|---|---|---|
| Kishan Kumar Daga Also directs: Medifirm Pharmacy LLP, Nataraj Procon Private Limited | Director | 19 Mar 1993 | 33 Years 7 Months | Current |
| Shree Ballabh Daga | Director | 09 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Rightex Commerce Pvt. Ltd. is audited by Ashwini Nagar & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashwini Nagar & Associates | FY 2022 | 324796E |
Shareholding
The shareholding of Rightex Commerce Pvt. Ltd. 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rightex Commerce Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2006 | 90370385 | Oriental Bank of Commerce | ₹2.4 Cr | Open | |
| 05 Mar 2010 | 10210655 | The Federal Bank Ltd | ₹4.84 Lakh | Satisfied |
To see the full charge records of Rightex Commerce Pvt. Ltd., buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Rightex Commerce Pvt. Ltd. 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 Rightex Commerce Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rightex Commerce has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR4972N1ZP | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rightex Commerce Pvt. Ltd., buy the company report.
Recent activity
Rightex Commerce Pvt. Ltd. has 5 board changes on record since 1993: 2 appointments and 3 cessations. The latest: Shree Ballabh Daga ceased to be Additional Director on 30 Sep 2013.
Frequently asked questions
Rightex Commerce is an active private limited company based in Kolkata, West Bengal, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 19 March 1993 (33+ years old) and is registered under CIN U51109WB1993PTC058171.
Rightex Commerce has 2 current directors:
- Kishan Kumar Daga - Director
- Shree Ballabh Daga - Director
The latest financial statements of Rightex Commerce 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 2015 are in the company report.
The GSTIN of Rightex Commerce is 19AABCR4972N1ZP, registered in West Bengal.
The CIN (Corporate Identification Number) of Rightex Commerce is U51109WB1993PTC058171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rightex Commerce was incorporated on 19 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
Shree Ballabh Daga ceased to be Additional Director on 30 Sep 2013. Jagmohan Daga ceased to be Director on 09 Oct 2012. Sanjay Daga ceased to be Director on 09 Oct 2012. Rightex Commerce has 5 board changes on record in total.
The registered office of Rightex Commerce is at 71C Lindsay Street, Kolkata, West Bengal, India – 700087.
Rightex Commerce operates in the consumer electronics and durables industry, in the furniture retail and distribution segment.
Rightex Commerce has open charges of ₹2.4 Cr and satisfied charges of ₹4.84 Lakh as per latest MCA filings.