Riteways Pvt Ltd - Company Profile

It is a transportation private limited company based in Visakhapatnam, Andhra Pradesh, India, established in 1960.
1960 Visakhapatnam, Andhra Pradesh, India Active
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About Riteways Pvt Ltd

Riteways Pvt Ltd, a active private limited company, was established on 26 December 1960 in Visakhapatnam, Andhra Pradesh, India. Engaging in transportation services within the transport and storage sector, it holds CIN: U99999AP1960PTC000866. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Ramabrahmam Kancharla (Director), Kancharla Ramabrahmam Prakash (Director). Past directors included Narendra Kumar Kancharla. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Platinumhouse,25-12-6Kotaveedhi,Godeyvaristreet, Visakhapatnam, Andhra Pradesh, 530001.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U99999AP1960PTC000866

  • Registration Number

    000866

  • Incorporation Date

    26 December 1960

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 65 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -5.15%
  • Profit Growth **** -90.13%
  • Ebitda **** -36.94%
  • Net Worth 0.79%
  • Total Assets **** 0.46%
Company report

Riteways Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Riteways Pvt Ltd — 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 Riteways Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Ramabrahmam Kancharla Director 01 Jul 1989 Current
Kancharla Ramabrahmam Prakash Director 01 Jul 1989 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 08 Oct 2022 Past

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Financial Performance of Riteways.

Riteways Pvt Ltd, for the financial year ended 2017, experienced Minor drop in revenue, with a 5.15% decrease. The company also saw a substantial fall in profitability, with a 90.13% decrease in profit. The company's net worth moved up by a moderate rise of 0.79%.

Riteways revenue growth over time
Riteways 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
********
 -5.15%
*******
*******
*******
*******
Revenue from Operations
*******
 4.15%
*******
*******
*******
*******
Total Assets
*******
 0.46%
*******
*******
*******
*******
Profit or Loss
*******
 -90.13%
*******
*******
*******
*******
Net Worth
*******
 0.79%
*******
*******
*******
*******
EBITDA
*******
 -36.94%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Riteways?

In 2017, Riteways had a promoter holding of 19.98% and a public holding of 80.02%. 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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How Many Employees Work at Riteways?

Unlock and access historical data on people associated with Riteways, 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 Riteways, 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 Riteways'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
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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 Riteways
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Riteways Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Riteways Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was recorded as a recent event.

  • Director Appointment

    The activity Ramabrahmam Kancharla was appointed as a Director was appointed as a Director on 01 Jul 1989 & has been associated with this company since 36 years 7 months . was completed.

  • Director Appointment

    Progress on Kancharla Ramabrahmam Prakash was appointed as a Director was appointed as a Director on 01 Jul 1989 & has been associated with this company since 36 years 7 months . was documented.

  • Company Incorporation

    Progress on Riteways Pvt Ltd was registered on 26 Dec 1960 with Roc Vijayawada & aged 65 years 1 month as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Riteways Pvt Ltd?

The CIN of Riteways Pvt Ltd is U99999AP1960PTC000866.

Where is Riteways Pvt Ltd headquartered?

Riteways Pvt Ltd is headquartered at Platinumhouse,25-12-6Kotaveedhi,Godeyvaristreet, Visakhapatnam, Andhra Pradesh, 530001.

When was Riteways Pvt Ltd incorporated?

Riteways Pvt Ltd was incorporated on 26 December 1960.

Who are the current directors of Riteways Pvt Ltd?

The current directors of Riteways Pvt Ltd are

What is the primary industry of Riteways Pvt Ltd?

The primary industry of Riteways Pvt Ltd is Transport And Storage.

Is Riteways Pvt Ltd a listed company?

Riteways Pvt Ltd is unlisted.

What is the capital structure of Riteways Pvt Ltd?

The authorized capital of Riteways Pvt Ltd is ₹0.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Riteways Pvt Ltd?

The compliance status of Riteways Pvt Ltd is Compliant.

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