
Rio Associates Private Limited
About Rio Associates Private Limited
Data last updated:
Rio Associates Private Limited is a private limited company based in Khed, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U22203PN2013PTC147580. Its GSTIN is 27AAGCR4381Q2ZL (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Dipali Pramod Phapale and Arati Dhondibhau Mutake.
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 Shop No. 02 Gat No 359 Wani Mala Wmdc Industrial Estate, Near Bsnl Tower Kharabwadi Tal – Khed, Maharashtra, India – 410501.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.42 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹4.63 Lakh (net margin 3.3%) and EBITDA of ₹6.63 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years.
As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹90 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Rio Associates has one previous CIN (Corporate Identification Number): U45200PN2013PTC147580. The current CIN is U22203PN2013PTC147580, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22203PN2013PTC147580 | Current |
| U45200PN2013PTC147580 | Previous |
Contact details
Rio Associates Private Limited's registered office is in Khed, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 02 Gat No 359 Wani Mala Wmdc Industrial Estate, Near Bsnl Tower Kharabwadi Tal – Khed, Maharashtra, India – 410501
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution, Furniture Retail & Distribution
To see the full contact details of Rio Associates Private 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 Rio Associates is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Rio Associates Private Limited, buy the company report.
Financials of Rio Associates Private Limited
FY 2024 filings availableRio Associates Private Limited reported revenue of ₹1.42 Cr (down 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 55%. EBITDA fell 29% 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 |
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| EBITDA | ₹6.63 Lakh | ||||
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| Net Profit (PAT) | ₹4.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 3.3% | ||||
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To see the full financial statements and ratios of Rio Associates Private Limited, buy the company report.
Board of directors of Rio Associates Private Limited
Rio Associates has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipali Pramod Phapale Also directs: Arham Telecom LLP | Additional Director | 01 Mar 2022 | 4 Years 8 Months | Current |
| Arati Dhondibhau Mutake Also directs: Dheya Business Ventures Private Limited | Additional Director | 01 Mar 2022 | 4 Years 8 Months | Current |
Auditor
Rio Associates Private Limited is audited by A S Soni & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S Soni & Company | FY 2023 | 137366W |
Shareholding
The shareholding of Rio Associates Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Rio Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2025 | 101185662 | Others | ₹20 Lakh | Open | |
| 23 Dec 2013 | 10518625 | Lokmangal Co Operative Bank Limited | ₹90 Lakh | Satisfied |
To see the full charge records of Rio Associates Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Rio Associates 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 Rio Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rio Associates has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCR4381Q2ZL | Maharashtra | Active | 01 Sep 2022 |
To see the full GST registrations and return filing status of Rio Associates Private Limited, buy the company report.
Recent activity
Rio Associates Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Dilip Nanabhau Satpute ceased to be Director on 10 Mar 2022.
Frequently asked questions
Rio Associates is an active private limited company based in Khed, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 May 2013 (13+ years old) and is registered under CIN U22203PN2013PTC147580.
Rio Associates has 2 current directors:
- Dipali Pramod Phapale - Additional Director
- Arati Dhondibhau Mutake - Additional Director
The latest financial statements of Rio Associates 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 Rio Associates is 27AAGCR4381Q2ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rio Associates is U22203PN2013PTC147580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rio Associates was incorporated on 29 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Dilip Nanabhau Satpute ceased to be Director on 10 Mar 2022. Shinde Ganesh Atmaram ceased to be Director on 10 Mar 2022. Arati Dhondibhau Mutake was appointed as Additional Director on 01 Mar 2022. Rio Associates has 4 board changes on record in total.
The registered office of Rio Associates is at Shop No. 02 Gat No 359 Wani Mala Wmdc Industrial Estate, Near Bsnl Tower Kharabwadi Tal – Khed, Maharashtra, India – 410501.
Rio Associates operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Rio Associates has open charges of ₹20 Lakh and satisfied charges of ₹90 Lakh as per latest MCA filings.

