About Ripple Fragrances Private Limited
Data last updated:
Ripple Fragrances Private Limited was a private limited company based in Mysore, Karnataka, India, operated as a subsidiary of N. Ranga Rao & Sons Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the home care and cleaning products segment of the FMCG sector. It was incorporated on 27 March 1982.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U24244KA1982PTC004694. Its GSTIN is 29AADCR0045E1ZP (Karnataka). The company held 22 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹14.03 Cr and a paid-up capital of ₹2.67 Lakh. It was formerly known as Rangsons Perfumes Private Limited. It was led by directors including Kiran Vasu Ranga and Arjun Murthy Ranga.
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 was at Mysore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.4 Lakh. For the same year it recorded a net loss of ₹58.43 Lakh and EBITDA of -₹3.34 Lakh (EBITDA margin -139.2%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 81% over five years.
The company had about 88 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Ripple Fragrances. As per MCA filings, the company had satisfied charges of ₹20.39 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The last known website on record is ripplefragrances.com.
Company details
CIN history
Ripple Fragrances has one previous CIN (Corporate Identification Number): U02424KA1982PTC004694. The current CIN is U24244KA1982PTC004694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24244KA1982PTC004694 | Current |
| U02424KA1982PTC004694 | Previous |
Contact details
Ripple Fragrances Private Limited's registered office is in Mysore, Karnataka. Its website is ripplefragrances.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 2768 2769 Haripriya Complex Temple Road, V Pura M India, Mysore, Karnataka, India – 570002
- IndustryFMCG, Home Care & Cleaning Products
To see the full contact details of Ripple Fragrances 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
Brands
Ripple Fragrances operates one associated brand: Ripple Fragrances. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces an exclusive range of home fragrances. | ripplefragrances.com |
Financials of Ripple Fragrances Private Limited
FY 2022 filings availableRipple Fragrances Private Limited reported revenue of ₹2.4 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 81% over five years. EBITDA rose 16% 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 | ₹2.4 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹58.43 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 | -139.2% | ||||
| Net Profit Margin | |||||
| 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 Ripple Fragrances Private Limited, buy the company report.
Board of directors of Ripple Fragrances Private Limited
Ripple Fragrances has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Vasu Ranga | Director | 27 Jan 2005 | 21 Years 9 Months | As last reported |
| Arjun Murthy Ranga | Director | 27 Jan 2005 | 21 Years 9 Months | As last reported |
| Anirudh Murthy Ranga | Director | 15 Mar 2012 | 14 Years 7 Months | As last reported |
| Pavan Guru Ranga | Director | 27 Jan 2005 | 21 Years 9 Months | As last reported |
| Vishnu Das Vasu Ranga | Director | 12 Jul 2012 | 14 Years 3 Months | As last reported |
| Suresh Ramachandra Mavathur Also directs: N. Ranga Rao & Sons Private Limited, Rangsugandh Private Limited | Director | 11 Aug 2017 | 9 Years 2 Months | As last reported |
Peer comparison
Ripple Fragrances Private Limited is compared with the 4 companies closest to it by revenue in the FMCG industry (Home Care Products), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fulltime Fresh Private Limited | ₹2.62 Lakh (FY 2020) | -76.0% | Kozhikode, Kerala, India | |||
| Kashi Vishwanath Zarda Company Private Limited | ₹2.55 Lakh (FY 2022) | 8.0% | Varanasi, Uttar Pradesh, India | |||
| Evashine Marketing Private Limited | ₹2.55 Lakh (FY 2023) | Kolkata, West Bengal, India | ||||
| Ripple Fragrances Private Limitedthis company | ₹2.4 Lakh (FY 2022) | -₹58.43 Lakh | Mysore, Karnataka, India | |||
| Strategi Herbals Private Limited | ₹2.25 Lakh (FY 2023) | 2.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ripple Fragrances Private Limited, buy the company report.
Auditor
Ripple Fragrances Private Limited is audited by Murthy Swamy & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Murthy Swamy & Associates LLP | FY 2022 | S200065 |
Shareholding
The shareholding of Ripple Fragrances Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ripple Fragrances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2016 | 10627976 | State Bank of Mysore | ₹2.25 Cr | Satisfied | |
| 23 Feb 2010 | 10215442 | Others | ₹13.5 Cr | Satisfied | |
| 18 Aug 2007 | 10068639 | State Bank of India | ₹4.45 Cr | Satisfied | |
| 08 Jan 1998 | 90191892 | State Bank of Mysore | ₹4.75 Lakh | Satisfied | |
| 07 Feb 1994 | 90191193 | State Bank of Mysore | ₹2.5 Lakh | Satisfied |
To see the full charge records of Ripple Fragrances Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Ripple Fragrances Private Limited has 1 court case on record: 1 filed against it. All case is pending.
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, Nashik, Maharashtra | Civil suit | Filed against the company by State THR. S.P. Jagtap | Pending |
To see the full case history of Ripple Fragrances 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 Ripple Fragrances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ripple Fragrances has 22 GST registrations: 2 active and 20 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCR0045E1ZP | Karnataka | Active | 01 Jul 2017 |
| 09AADCR0045E1ZR | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ripple Fragrances Private Limited, buy the company report.
Recent activity
Ripple Fragrances Private Limited has 13 board changes on record since 2005: 6 appointments and 7 cessations. The latest: Kiran Vasu Ranga ceased to be Managing Director on 25 Mar 2021.
22 earlier events are in the company report.
News
Frequently asked questions
Ripple Fragrances has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ripple Fragrances was a private limited company based in Mysore, Karnataka, India. The company worked in home care and cleaning products, within the FMCG industry. It was incorporated on 27 March 1982 and is registered under CIN U24244KA1982PTC004694. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ripple Fragrances was incorporated on 27 March 1982. It is registered with the Registrar of Companies, Bangalore.
Ripple Fragrances had 6 directors:
- Kiran Vasu Ranga - Director
- Arjun Murthy Ranga - Director
- Anirudh Murthy Ranga - Director
- Pavan Guru Ranga - Director
- Vishnu Das Vasu Ranga - Director
- Suresh Ramachandra Mavathur - Director
The CIN (Corporate Identification Number) of Ripple Fragrances is U24244KA1982PTC004694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ripple Fragrances is at No. 2768 2769 Haripriya Complex Temple Road, V Pura M India, Mysore, Karnataka, India – 570002.
Ripple Fragrances can be reached through the website ripplefragrances.com. Its registered office is in Mysore, Karnataka, India.
The latest financial statements of Ripple Fragrances 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 Ripple Fragrances is 29AADCR0045E1ZP, registered in Karnataka. The company has 22 GST registrations in all, of which 2 are active and 20 are cancelled or inactive. Other active GSTINs include 09AADCR0045E1ZR (Uttar Pradesh).
Ripple Fragrances operated in the FMCG industry, in the home care and cleaning products segment.
The peers of Ripple Fragrances by revenue are Fulltime Fresh Private Limited, Kashi Vishwanath Zarda Company Private Limited, Evashine Marketing Private Limited, Strategi Herbals Private Limited, all in the FMCG industry (Home Care Products), with the same principal business activity (wholesale trading).
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