Ritesh Polyesters Limited - Company Profile

It is a manufacturing public limited company based in Secunderabad, Telangana, India, established in 1988.
1988 Secunderabad, Telangana, India Dissolved Under Section 59(8)
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About Ritesh Polyesters Limited

Ritesh Polyesters Limited, a dissolved under section 59(8) public limited company, was established on 02 September 1988 in Secunderabad, Telangana, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17110TG1988PLC009012. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹7.25 Cr and a paid-up capital of ₹6.18 Cr.

It upholds a compliant status. Its leadership includes Koteswara Rao Karuchola (Irp/Rp/Liquidator), Shiny Thomas (Director), Surender Kumar Agarwal (Director). Past directors included Arun Kumar Lohia, Mahender Kumar, Shiny Thomas. It holds ₹9.42 M open charges and ₹9.42 M settled loans. Its latest AGM occurred on 30 June 2023, with the balance sheet filed on 31 March 2023. It is based at 604, Swapnalok Complex, S.D. Road, Secunderabad, Telangana, 500003.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17110TG1988PLC009012

  • Registration Number

    009012

  • Incorporation Date

    02 September 1988

  • Authorized Capital

    ₹7.25 Cr

  • Paid-Up Capital

    ₹6.18 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Dissolved Under Section 59(8)

Key Metrics
  • Authorised Capital ₹ 7.25 Cr
  • Paid Up Capital ₹ 6.18 Cr
  • Company Age 37 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.42 M
  • Satisfied Charges ₹ 9.42 M
  • Revenue Growth **** %
  • Profit Growth **** -0.50%
  • Ebitda **** -0.49%
  • Net Worth ****
  • Total Assets **** %
Company report

Ritesh Polyesters Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ritesh Polyesters 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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Who are the key members and board of directors at Ritesh Polyesters Limited?
Current Directors
Name Designation Appointment Date Status
Koteswara Rao Karuchola Irp/Rp/Liquidator 11 Jan 2024 Current
Shiny Thomas Director 25 Apr 2015 Current
Surender Kumar Agarwal Director 15 Feb 1993 Current
Babu Thomas Director 18 Jun 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Feb 2017 Past
Pramod Abcsdd Director 31 Oct 2008 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past

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Financial Performance of Ritesh Polyesters.

Ritesh Polyesters Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 0.5% decrease in profit. The company's net worth witnessed no change by increase of 0%.

Ritesh Polyesters revenue growth over time
Ritesh Polyesters profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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Revenue from Operations
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Total Assets
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Profit or Loss
*******
 -0.50%
*******
*******
*******
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Net Worth
*******
*******
*******
*******
*******
*******
EBITDA
*******
 -0.49%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ritesh Polyesters?

In 2019, Ritesh Polyesters had a promoter holding of 90.61% and a public holding of 9.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹9,415,000.00

Satisfied Charges

₹9,415,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of Hyderabad : 0.94 Cr
Latest Charge Details
Date Lender Amount Status
07 Nov 1989 State Bank Of Hyderabad ₹3.15 M Satisfied
04 Mar 1989 State Bank Of Hyderabad ₹6.27 M Satisfied

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How Many Employees Work at Ritesh Polyesters?

Unlock and access historical data on people associated with Ritesh Polyesters, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ritesh Polyesters, 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 Ritesh Polyesters's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ritesh Polyesters
Recent Activity within the Organization
  • Charges

    A charge registered on 07 Nov 1989 via Charge ID 90116728 with State Bank Of Hyderabad was fully satisfied on 04 Nov 2024. was recorded as a recent event.

  • Charges

    The activity A charge registered on 04 Mar 1989 via Charge ID 90116673 with State Bank Of Hyderabad was fully satisfied on 04 Nov 2024. was completed.

  • Director Appointment

    The activity Koteswara Rao Karuchola was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 11 Jan 2024 & has been associated with this company since 2 years 27 days . was completed.

  • Annual General Meeting

    Progress on Ritesh Polyesters Limited last Annual general meeting of members was held on 30 Jun 2023 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Ritesh Polyesters Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad. was completed.

  • Director Appointment

    The activity Shiny Thomas was appointed as a Director was appointed as a Director on 25 Apr 2015 & has been associated with this company since 10 years 9 months . was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Ritesh Polyesters Limited?

The CIN of Ritesh Polyesters Limited is U17110TG1988PLC009012.

Where is Ritesh Polyesters Limited headquartered?

Ritesh Polyesters Limited is headquartered at 604, Swapnalok Complex, S.D. Road, Secunderabad, Telangana, 500003.

When was Ritesh Polyesters Limited incorporated?

Ritesh Polyesters Limited was incorporated on 02 September 1988.

Who are the current directors of Ritesh Polyesters Limited?

The current directors of Ritesh Polyesters Limited are

What is the primary industry of Ritesh Polyesters Limited?

The primary industry of Ritesh Polyesters Limited is Manufacturing.

Is Ritesh Polyesters Limited a listed company?

Ritesh Polyesters Limited is unlisted.

What is the capital structure of Ritesh Polyesters Limited?

The authorized capital of Ritesh Polyesters Limited is ₹7.25 Cr, and the paid-up capital is ₹6.18 Cr.

What is the compliance status of Ritesh Polyesters Limited?

The compliance status of Ritesh Polyesters Limited is Compliant.

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