About Ripples Advisory Private Limited
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Ripples Advisory Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 30 May 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74140MP1989PTC005282. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ripples Automobiles Private Limited. It is led by directors Nilesh Shukla and Hemant Solapurkar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 601 – 602 Shagun Arcade Vijay Nagar A. B. Road, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2019, the company reported a revenue of ₹13.88 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Lakh (net margin 0.1%) and EBITDA of ₹27.69 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years.
The company has about 133 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.9 Lakh on record. Court records list 48 cases involving the company, including 47 filed by the company and 1 filed against it; 13 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ripplesadvisory.com.
Company details
CIN history
Ripples Advisory has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140MP1989PTC005282, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MP1989PTC005282 | Current |
| U50404MP1989PTC005282 | Previous |
| U25209MP1989PTC005282 | Previous |
Contact details
Ripples Advisory Private Limited's registered office is in Indore, Madhya Pradesh. Its website is ripplesadvisory.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address601 – 602 Shagun Arcade Vijay Nagar A. B. Road, Indore, Madhya Pradesh, India – 452010
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ripples Advisory 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 Ripples Advisory is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of Ripples Advisory Private Limited, buy the company report.
Financials of Ripples Advisory Private Limited
FY 2019 filings availableRipples Advisory Private Limited reported revenue of ₹13.88 Cr (up 10% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 109% over three years, including 10% growth in the latest year. EBITDA fell 22% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹13.88 Cr | ||||
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| EBITDA | ₹27.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ripples Advisory Private Limited, buy the company report.
Board of directors of Ripples Advisory Private Limited
Ripples Advisory has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Shukla | Director | 05 Mar 2019 | 7 Years 7 Months | Current |
| Hemant Solapurkar | Director | 08 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Ripples Advisory Private Limited is audited by DAFRIA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAFRIA & CO | FY 2019 | 001448C |
Shareholding
The shareholding of Ripples Advisory Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ripples Advisory Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2016 | 100044940 | Others | ₹7.9 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Ripples Advisory Private Limited has 48 court cases on record: 47 filed by Ripples Advisory, 1 filed against it. 13 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 1 | 13 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Pending |
To see the full case history of Ripples Advisory 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 Ripples Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ripples Advisory Private Limited has a workforce of 133 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Ripples Advisory has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ripples Advisory Private Limited, buy the company report.
Recent activity
Ripples Advisory Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Hameed Khan ceased to be Director on 10 Jul 2019.
4 earlier events are in the company report.
Frequently asked questions
Ripples Advisory is an active private limited company based in Indore, Madhya Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 30 May 1989 (37+ years old) and is registered under CIN U74140MP1989PTC005282.
Ripples Advisory has 2 current directors:
- Nilesh Shukla - Director
- Hemant Solapurkar - Director
The latest financial statements of Ripples Advisory on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Ripples Advisory has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ripples Advisory is U74140MP1989PTC005282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ripples Advisory has 48 court cases on record: 47 filed by the company and 1 filed against it. 13 are pending.
Ripples Advisory was incorporated on 30 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Gwalior.
Hameed Khan ceased to be Director on 10 Jul 2019. Hemant Solapurkar was appointed as Director on 08 Jul 2019. Anamika Pandey ceased to be Director on 06 Mar 2019. Ripples Advisory has 12 board changes on record in total.
Ripples Advisory can be reached through the website ripplesadvisory.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Ripples Advisory is at 601 – 602 Shagun Arcade Vijay Nagar A. B. Road, Indore, Madhya Pradesh, India – 452010.