Ritechoice Trading Company Private Limited
About Ritechoice Trading Company Private Limited
Data last updated:
Ritechoice Trading Company Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 16 February 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2004PTC144543.
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.66 Cr. It was led by directors Narendra Nagnath Gajul and Gaurishankar Pandurang Khot.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Shrikant Chambers Flat No 2082nd Floor Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2016, the company reported a revenue of ₹26,500, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹1,349 (net margin -5.1%) and EBITDA of -₹1,349 (EBITDA margin -5.1%).
Company details
Contact details
Ritechoice Trading Company Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressShrikant Chambers Flat No 2082nd Floor Chembur, Mumbai, Maharashtra, India – 400071
- IndustryTrading, Other Wholesale, Wholesale
- 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 Ritechoice Trading Company 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 |
Financials of Ritechoice Trading Company Private Limited
FY 2016 filings availableRitechoice Trading Company Private Limited reported revenue of ₹26,500 (down 12% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year. EBITDA fell 288% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1,349 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1,349 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -5.1% | |
| Net Profit Margin | -5.1% | |
| 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 Ritechoice Trading Company Private Limited, buy the company report.
Board of directors of Ritechoice Trading Company Private Limited
Ritechoice Trading Company has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Nagnath Gajul Also directs: Supergold Properties Private Limited | Director | 11 May 2005 | 21 Years 6 Months | As last reported |
| Gaurishankar Pandurang Khot Also directs: Taska Project Management Consultancy Private Limited | Director | 11 May 2005 | 21 Years 6 Months | As last reported |
Peer comparison
Ritechoice Trading Company Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Voguex Enterprises Private Limited | ₹26,632 (FY 2022) | Panvel, Maharashtra, India | ||||
| Viv Pharmaceuticals Private Limited | ₹26,600 (FY 2024) | -89.0% | Lucknow, Uttar Pradesh, India | |||
| Alastair Commotrade Private Limited | ₹26,580 (FY 2024) | 3.0% | Nagpur, Maharashtra, India | |||
| Raambadi Balaji Mangal Private Limited | ₹26,580 (FY 2024) | -87.0% | Jaipur, Rajasthan, India | |||
| Swapnlok Enterprises Private Limited | ₹26,511 (FY 2023) | Bhopal, Madhya Pradesh, India | ||||
| Ritechoice Trading Company Private Limitedthis company | ₹26,500 (FY 2016) | -₹1,349 | -5.1% | -12.0% | Mumbai, Maharashtra, India | |
| Pluto Batteries Private Limited | ₹26,500 (FY 2019) | Buldhana, Maharashtra, India | ||||
| Supersonic Developers Private Limited | ₹26,500 (FY 2024) | 741.0% | Mumbai, Maharashtra, India | |||
| Helicteres Life Sciences Private Limited | ₹26,500 (FY 2018) | -73.0% | Raipur, Chhattisgarh, India | |||
| Shees International Traders Private Limited | ₹26,500 (FY 2024) | -51.0% | Noida, Uttar Pradesh, India | |||
| Apex Vincom Private Limited | ₹26,460 (FY 2016) | -46.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ritechoice Trading Company Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ritechoice Trading Company 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 Ritechoice Trading Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ritechoice Trading Company Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ritechoice Trading Company Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Gaurishankar Pandurang Khot was appointed as Director on 11 May 2005.
Frequently asked questions
Ritechoice Trading Company 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.
Ritechoice Trading Company was a private limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 16 February 2004 and is registered under CIN U51909MH2004PTC144543. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ritechoice Trading Company was incorporated on 16 February 2004. It is registered with the Registrar of Companies, Mumbai.
Ritechoice Trading Company had 2 directors:
- Narendra Nagnath Gajul - Director
- Gaurishankar Pandurang Khot - Director
The CIN (Corporate Identification Number) of Ritechoice Trading Company is U51909MH2004PTC144543. 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 Ritechoice Trading Company is at Shrikant Chambers Flat No 2082nd Floor Chembur, Mumbai, Maharashtra, India – 400071.
The latest financial statements of Ritechoice Trading Company on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Ritechoice Trading Company operated in the trading industry, in the other wholesale segment.
The peers of Ritechoice Trading Company by revenue are Voguex Enterprises Private Limited, Viv Pharmaceuticals Private Limited, Alastair Commotrade Private Limited, Raambadi Balaji Mangal Private Limited, Swapnlok Enterprises Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Gaurishankar Pandurang Khot was appointed as Director on 11 May 2005. Narendra Nagnath Gajul was appointed as Director on 11 May 2005.
Ritechoice Trading Company can be reached at its registered office: Shrikant Chambers Flat No 2082nd Floor Chembur, Mumbai, Maharashtra, India – 400071.
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