Ritchie Bros Auctioneers India Private Limited
About Ritchie Bros Auctioneers India Private Limited
Data last updated:
Ritchie Bros Auctioneers India Private Limited was a foreign private limited company based in Delhi, India, operated as a subsidiary of Ritchie Bros. Investment Holdings (Luxembourg) Sarl. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the business support services segment of the business services sector. It was incorporated on 06 July 2006.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74991DL2006FTC150592. Its GSTIN is 07AADCR3440B1ZW (Delhi).
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.45 Cr. It was led by directors including Adarsh Sharma (Irp/Rp/Liquidator) and Mitesh Dedhia.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 3rd Floor Anand Plaza Plot No. 2 L.S.C. Sainik Vihar Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.76 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹1.17 Lakh (net margin -8.5%) and EBITDA of -₹1.13 Lakh (EBITDA margin -8.2%).
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Ritchie Bros Auctioneers India Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Anand Plaza Plot No. 2 L.S.C. Sainik Vihar Pitampura, Delhi, India – 110034
- IndustryBusiness Services, Business Support Services
To see the full contact details of Ritchie Bros Auctioneers India 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 Ritchie Bros Auctioneers India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ritchie Bros Auctioneers India Private Limited, buy the company report.
Financials of Ritchie Bros Auctioneers India Private Limited
FY 2023 filings availableRitchie Bros Auctioneers India Private Limited reported revenue of ₹13.76 Lakh (down 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year. EBITDA fell 126% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.13 Lakh | ||||
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| Net Profit (PAT) | -₹1.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -8.2% | ||||
| Net Profit Margin | -8.5% | ||||
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To see the full financial statements and ratios of Ritchie Bros Auctioneers India Private Limited, buy the company report.
Board of directors of Ritchie Bros Auctioneers India Private Limited
Ritchie Bros Auctioneers India has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adarsh Sharma | Irp/Rp/Liquidator | 10 Apr 2024 | 2 Years 6 Months | As last reported |
| Mitesh Dedhia Also directs: Aadi Management Solutions LLP, Palmetto Trading Private Limited, Storeport Private Limited and 2 more | Director | 29 Sep 2023 | 3 Years 1 Months | As last reported |
| Mukesh Goyal Also directs: Ic Communications (India) Private Limited, Belden India Private Limited, Apiaryx India Private Limited and 1 more | Director | 24 Apr 2019 | 7 Years 6 Months | As last reported |
| Darren Jeffrey Watt | Director | 08 Apr 2016 | 10 Years 7 Months | As last reported |
Auditor
Ritchie Bros Auctioneers India Private Limited is audited by BHAMBRI CHOPRA & PUSHKARNA for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAMBRI CHOPRA & PUSHKARNA | FY 2020 | 017046N |
Shareholding
The shareholding of Ritchie Bros Auctioneers India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ritchie Bros Auctioneers India Private Limited, buy the company report.
Legal cases
Ritchie Bros Auctioneers India Private Limited has 1 court case on record: 1 filed by Ritchie Bros Auctioneers India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Principal Bench | Insolvency matter | Filed by the company against Insolvency and Bankruptcy Board of India and 1 other | Disposed |
To see the full case history of Ritchie Bros Auctioneers India 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 Ritchie Bros Auctioneers India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ritchie Bros Auctioneers India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCR3440B1ZW | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ritchie Bros Auctioneers India Private Limited, buy the company report.
Recent activity
Ritchie Bros Auctioneers India Private Limited has 14 board changes on record since 2007: 4 appointments and 10 cessations. The latest: Adarsh Sharma was appointed as Irp/Rp/Liquidator on 10 Apr 2024.
5 earlier events are in the company report.
Frequently asked questions
Ritchie Bros Auctioneers India has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Ritchie Bros Auctioneers India was a foreign private limited company based in Delhi, India. The company worked in business support services, within the business services industry. It was incorporated on 06 July 2006 and is registered under CIN U74991DL2006FTC150592. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Ritchie Bros Auctioneers India was incorporated on 06 July 2006. It is registered with the Registrar of Companies, Delhi.
Ritchie Bros Auctioneers India had 4 directors:
- Mitesh Dedhia - Director
- Mukesh Goyal - Director
- Darren Jeffrey Watt - Director
- Adarsh Sharma - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Ritchie Bros Auctioneers India is U74991DL2006FTC150592. 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 Ritchie Bros Auctioneers India is at 3rd Floor Anand Plaza Plot No. 2 L.S.C. Sainik Vihar Pitampura, Delhi, India – 110034.
The latest financial statements of Ritchie Bros Auctioneers India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ritchie Bros Auctioneers India is 07AADCR3440B1ZW, registered in Delhi.
Ritchie Bros Auctioneers India operated in the business services industry, in the business support services segment.
Ritchie Bros Auctioneers India has 1 court case on record: 1 filed by the company.
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