Ritesh Steels Private Limited
About Ritesh Steels Private Limited
Data last updated:
Ritesh Steels Private Limited is a private limited company based in Kota, Rajasthan, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U27107RJ2004PTC019923.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.5 Lakh. It is led by directors Praveen Agarwal and Kishan Agarwal.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kota, Rajasthan.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.43 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Lakh (net margin 55.2%) and EBITDA of -₹62,379 (EBITDA margin -25.7%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹10 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No. E – 224 – H, Road No. 5 Ipia, Kota, Rajasthan, India – 324005
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Ritesh Steels Private Limited
The main business activity of Ritesh Steels is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ritesh Steels Private Limited FY 2025 filings available
Ritesh Steels Private Limited reported revenue of ₹2.43 Lakh (down 71% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ritesh Steels Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 71% fall 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 of Ritesh Steels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.43 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹62,379 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.34 Lakh | •••• | •••• | •••• | •••• |
| 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 of Ritesh Steels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 55.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ritesh Steels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Ritesh Steels Private Limited
Ritesh Steels Private Limited is audited by JAIN RR AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN RR AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ritesh Steels Private Limited
Ritesh Steels has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Agarwal Also directs: Chambal Realestate LLP, Kuber Agricom (India) Private Limited, Primal Agrotech Private Limited and 1 more | Director | 27 Sep 2023 | 3 Years 0 Months | Current |
| Kishan Agarwal Also directs: Chambal Realestate LLP, Kuber Agricom (India) Private Limited, Primal Agrotech Private Limited and 2 more | Director | 27 Sep 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Ritesh Steels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ritesh Steels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2024 | Axis Bank Limited | ₹10 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ritesh Steels Private Limited
Employment history and EPFO contributions of people linked to Ritesh Steels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ritesh Steels Private Limited
Ritesh Steels Private Limited has 9 board changes on record since 2021: 2 appointments and 7 cessations. The latest: Kishan Agarwal ceased to be Additional Director on 28 Sep 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ritesh Steels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ritesh Steels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ritesh Steels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ritesh Steels Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ritesh Steels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ritesh Steels Private Limited
Ritesh Steels is an active private limited company based in Kota, Rajasthan, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 November 2004 (22+ years old) and is registered under CIN U27107RJ2004PTC019923.
Ritesh Steels reported revenue of ₹2.43 Lakh for FY 2023 (down 71% YoY).
Ritesh Steels has 2 current directors:
- Praveen Agarwal - Director
- Kishan Agarwal - Director
Ritesh Steels reported a net profit of ₹1.34 Lakh (net margin 55.2%) and EBITDA of -₹62,379 (EBITDA margin -25.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ritesh Steels is 34% over three years and -21% over five years. In the latest year (FY 2023) revenue fell 71%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ritesh Steels is U27107RJ2004PTC019923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritesh Steels was incorporated on 23 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Jaipur.
Kishan Agarwal ceased to be Additional Director on 28 Sep 2024. Praveen Agarwal ceased to be Additional Director on 28 Sep 2024. Preeti Agarwal ceased to be Additional Director on 19 Oct 2023. Ritesh Steels has 9 board changes on record in total.
The registered office of Ritesh Steels is at Plot No. E – 224 – H, Road No. 5 Ipia, Kota, Rajasthan, India – 324005.
Ritesh Steels has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.5 Lakh.