Ritesh Vanijya Private Limited
About Ritesh Vanijya Private Limited
Data last updated:
Ritesh Vanijya Private Limited was a private limited company based in Kolkata, West Bengal, 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 financial services and investment segment of the financial services sector. It was incorporated on 04 June 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2007PTC116325.
The company had an authorised share capital of ₹58 Lakh and a paid-up capital of ₹57.9 Lakh. It was led by directors Ravi Kumar Newatia and Rajendra Kumar Newatia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 53A Mirza Ghalib Street 4th Floor, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2023, the company reported a revenue of ₹48.47 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.65 Lakh (net margin 7.5%) and EBITDA of ₹5 Lakh (EBITDA margin 10.3%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 17% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Company details
Contact details
Ritesh Vanijya Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address53A Mirza Ghalib Street 4th Floor, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Financial Activities
To see the full contact details of Ritesh Vanijya 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 Ritesh Vanijya is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ritesh Vanijya Private Limited, buy the company report.
Financials of Ritesh Vanijya Private Limited
FY 2023 filings availableRitesh Vanijya Private Limited reported revenue of ₹48.47 Lakh (down 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 16% fall in the latest year. EBITDA rose 422% 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 | ₹5 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 7.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ritesh Vanijya Private Limited, buy the company report.
Board of directors of Ritesh Vanijya Private Limited
Ritesh Vanijya has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kumar Newatia Also directs: Ritesh Commercial Holdings Ltd, Charisma Combines Pvt Ltd, Pluto Finance Pvt Ltd. and 5 more | Director | 04 Jun 2007 | 19 Years 4 Months | As last reported |
| Rajendra Kumar Newatia | Director | 04 Jun 2007 | 19 Years 4 Months | As last reported |
Peer comparison
Ritesh Vanijya Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Minjur Benefit Fund Nidhi Limited | ₹48.5 Lakh (FY 2024) | -20.0% | Chennai, Tamil Nadu, India | |||
| Nipro Trexim Pvt. Ltd | ₹48.5 Lakh (FY 2025) | 343.0% | Kolkata, West Bengal, India | |||
| Karur Ashok Chit Funds (Tamilnadu) Private Limited | ₹48.5 Lakh (FY 2025) | -8.0% | Karur, Tamil Nadu, India | |||
| Speed Business Private Limited | ₹48.47 Lakh (FY 2023) | -18.0% | Kolkata, West Bengal, India | |||
| BMR Securities Private Limited | ₹48.47 Lakh (FY 2025) | 44.0% | Kolkata, West Bengal, India | |||
| Ritesh Vanijya Private Limitedthis company | ₹48.47 Lakh (FY 2023) | ₹3.65 Lakh | 7.5% | -16.0% | Kolkata, West Bengal, India | |
| Om Wealth Investments Private Limited | ₹48.45 Lakh (FY 2025) | -75.0% | Ahmedabad, Gujarat, India | |||
| Arham Credit Capital Pvt Ltd | ₹48.44 Lakh (FY 2025) | 182.0% | Indore, Madhya Pradesh, India | |||
| Rajvi Capital Services Private Limited | ₹48.44 Lakh (FY 2025) | 7.0% | Patna, Bihar, India | |||
| Travol Tie-Up Private Limited | ₹48.44 Lakh (FY 2025) | 8.0% | Howrah, West Bengal, India | |||
| Lark Commercial Private Limited | ₹48.44 Lakh (FY 2018) | -94.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ritesh Vanijya Private Limited, buy the company report.
Auditor
Ritesh Vanijya Private Limited is audited by LAHOTI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAHOTI & CO | FY 2017 | 306045E |
Shareholding
The shareholding of Ritesh Vanijya Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ritesh Vanijya Private Limited, buy the company report.
Legal cases
Ritesh Vanijya Private Limited has 3 court cases on record: 2 filed by Ritesh Vanijya, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court | Company petition | Filed against the company by In the Matter of : Tantia Constructions Ltd and | Disposed |
To see the full case history of Ritesh Vanijya 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 Ritesh Vanijya 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 Ritesh Vanijya Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ritesh Vanijya Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Rajendra Kumar Newatia was appointed as Director on 04 Jun 2007.
Frequently asked questions
Ritesh Vanijya 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.
Ritesh Vanijya was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 04 June 2007 and is registered under CIN U51909WB2007PTC116325. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ritesh Vanijya was incorporated on 04 June 2007. It is registered with the Registrar of Companies, Kolkata.
Ritesh Vanijya had 2 directors:
- Ravi Kumar Newatia - Director
- Rajendra Kumar Newatia - Director
The CIN (Corporate Identification Number) of Ritesh Vanijya is U51909WB2007PTC116325. 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 Ritesh Vanijya is at 53A Mirza Ghalib Street 4th Floor, Kolkata, West Bengal, India – 700016.
The latest financial statements of Ritesh Vanijya on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Ritesh Vanijya operated in the financial services industry, in the financial activities segment.
The peers of Ritesh Vanijya by revenue are Minjur Benefit Fund Nidhi Limited, Nipro Trexim Pvt. Ltd, Karur Ashok Chit Funds (Tamilnadu) Private Limited, Speed Business Private Limited, BMR Securities Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ritesh Vanijya has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the nclt.
Rajendra Kumar Newatia was appointed as Director on 04 Jun 2007. Ravi Kumar Newatia was appointed as Director on 04 Jun 2007.