Rite Equipment Private Limited, a active private limited company, was established on 13 December 1992 in Bangalore, Karnataka, India. Engaging in industrial machinery retail & distribution within the manufacturing sector, it holds CIN: U74899KA1992PTC053947. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.10 M.
It upholds a compliant status. Employing 95 professional, Its leadership includes Kanmani Sekar (Director), Velayutham Sekar (Director). It holds ₹19.70 Cr open charges and ₹11.93 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 31, First Main, Domlur Layout,, Bangalore, Karnataka, 560071.
U74899KA1992PTC053947
053947
13 December 1992
₹0.20 M
₹0.10 M
Roc Bangalore
Unlisted
Active
Explore comprehensive insights into Rite Equipment Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kanmani Sekar | Director | 13 Dec 1992 | Current |
| Velayutham Sekar | Director | 13 Dec 1992 | Current |
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Rite Equipment Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 74.47% increase. The company also saw a substantial improvement in profitability, with a 224.25% increase in profit. The company's net worth Soared by an impressive increase of 38.84%.
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In 2023, Rite Equipment had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹197,000,000.00
₹119,250,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2023 | Hdfc Bank Limited | ₹19.70 Cr | Open |
| 06 Sep 2017 | Others | ₹9.80 Cr | Satisfied |
| 26 Nov 2015 | Hdfc Bank Limited | ₹1.25 Cr | Satisfied |
| 06 Aug 2012 | Hdfc Bank Limited | ₹7.50 M | Satisfied |
| 21 Aug 2004 | Syndicate Bank | ₹1.25 M | Satisfied |
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Rite Equipment has a workforce of 95 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Rite Equipment, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rite Equipment's trajectory.
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Rite Equipment Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
Rite Equipment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.
A charge with Hdfc Bank Limited of Rs. 197.00 M registered on 15 Jun 2023 with Charge ID 100752246 was modified on 22 Feb 2024. was recorded as a recent event.
Progress on A charge registered on 06 Sep 2017 via Charge ID 100129012 with Others was fully satisfied on 18 Jul 2023. was documented.
Progress on A charge with Hdfc Bank Limited amounted to Rs. 197.00 M with Charge ID 100752246 was registered on 15 Jun 2023. was documented.
The activity A charge registered on 21 Aug 2004 via Charge ID 90044331 with Syndicate Bank was fully satisfied on 21 Jul 2022. was completed.
The CIN of Rite Equipment Private Limited is U74899KA1992PTC053947.
Rite Equipment Private Limited is headquartered at No. 31, First Main, Domlur Layout,, Bangalore, Karnataka, 560071.
Rite Equipment Private Limited was incorporated on 13 December 1992.
The current directors of Rite Equipment Private Limited are
The primary industry of Rite Equipment Private Limited is Manufacturing.
Rite Equipment Private Limited is unlisted.
The authorized capital of Rite Equipment Private Limited is ₹0.20 M, and the paid-up capital is ₹0.10 M.
The compliance status of Rite Equipment Private Limited is Compliant.
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