Ritex Rubber Private Limited
About Ritex Rubber Private Limited
Data last updated:
Ritex Rubber Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the plastic products segment of the plastics and polymers sector. It was incorporated on 27 September 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25203MH2011PTC222440. Its GSTIN is 27AAFCR4996J1ZO (Maharashtra).
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹92 Lakh. It was led by directors Rohit Maheshwari (Whole-Time Director) and Manjusha Maheshwari.
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 Plot No. 123 MIDC Phase II Sonarpada Dombivli (East), Thane, Maharashtra, India – 421203.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.6 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹15,373 (net margin 0.1%) and EBITDA of ₹8.02 Lakh (EBITDA margin 5%).
The company had about 7 employees on its provident fund (EPFO) records before it was struck off.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Ritex Rubber Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 123 MIDC Phase II Sonarpada Dombivli (East), Thane, Maharashtra, India – 421203
- IndustryPlastics, Plastic Products, Fabricated Metal Products, Rubber Products, Non-Metallic Mineral Products
To see the full contact details of Ritex Rubber 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 Ritex Rubber is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Ritex Rubber Private Limited, buy the company report.
Financials of Ritex Rubber Private Limited
FY 2016 filings availableRitex Rubber Private Limited reported revenue of ₹1.6 Cr (down 12% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year. EBITDA fell 52% 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 | ₹1.6 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹8.02 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹15,373 | |
| 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% | |
| Net Profit Margin | 0.1% | |
| 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 Ritex Rubber Private Limited, buy the company report.
Board of directors of Ritex Rubber Private Limited
Ritex Rubber has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Maheshwari | Whole-Time Director | 01 Oct 2012 | 14 Years 0 Months | As last reported |
| Manjusha Maheshwari | Additional Director | 20 Oct 2015 | 11 Years 0 Months | As last reported |
Peer comparison
Ritex Rubber Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B Y Rubber Industries Private Limited | ₹1.69 Cr (FY 2025) | 25.0% | Ahmednagar, Maharashtra, India | |||
| Prakash Rubber and Pet Products India Private Limited | ₹1.63 Cr (FY 2023) | -33.0% | Kalady, Kerala, India | |||
| Ritex Rubber Private Limitedthis company | ₹1.6 Cr (FY 2016) | ₹15,373 | 0.1% | -12.0% | Thane, Maharashtra, India | |
| Maxshield Rubber Products Private Limited | ₹1.58 Cr (FY 2025) | -53.0% | Cherthala, Kerala, India | |||
| Eco-Tread Reclaimed Rubber (India) Private Limited | ₹1.56 Cr (FY 2025) | Pune, Maharashtra, India | ||||
| Fona Rubber Pvt Ltd | ₹1.55 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Shivalik Rubber Industries Pvt Ltd | ₹1.54 Cr (FY 2022) | 0.0% | Himachal Pardesh, Himachal Pradesh, India |
To see the full peer comparison of Ritex Rubber Private Limited, buy the company report.
Auditor
Ritex Rubber Private Limited is audited by Chainani & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chainani & Associates | FY 2016 | 125773 |
Shareholding
The shareholding of Ritex Rubber Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ritex Rubber Private Limited, buy the company report.
Legal cases
Ritex Rubber Private Limited has 3 court cases on record: 2 filed by Ritex Rubber, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms. Innovative Systems | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Financial Service Ltd | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms. Innovative Systems | Disposed |
To see the full case history of Ritex Rubber 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 Ritex Rubber Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ritex Rubber has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR4996J1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ritex Rubber Private Limited, buy the company report.
Recent activity
Ritex Rubber Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Manjusha Maheshwari ceased to be Additional Director on 23 Sep 2018.
Frequently asked questions
Ritex Rubber has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ritex Rubber was a private limited company based in Thane, Maharashtra, India. The company worked in plastic products, within the plastics industry. It was incorporated on 27 September 2011 and is registered under CIN U25203MH2011PTC222440. The company has been struck off by the Registrar of Companies and is no longer operational.
Ritex Rubber had 2 directors:
- Rohit Maheshwari - Whole-Time Director
- Manjusha Maheshwari - Additional Director
The CIN (Corporate Identification Number) of Ritex Rubber is U25203MH2011PTC222440. 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 Ritex Rubber is at Plot No. 123 MIDC Phase II Sonarpada Dombivli East, Thane, Maharashtra, India – 421203.
Ritex Rubber was incorporated on 27 September 2011. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Ritex Rubber 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.
The GSTIN of Ritex Rubber is 27AAFCR4996J1ZO, registered in Maharashtra.
Ritex Rubber operated in the plastics industry, in the plastic products segment. It worked in this industry before it was struck off.
The peers of Ritex Rubber by revenue are B Y Rubber Industries Private Limited, Prakash Rubber and Pet Products India Private Limited, Maxshield Rubber Products Private Limited, Eco-Tread Reclaimed Rubber (India) Private Limited, Fona Rubber Pvt Ltd and 1 more, all in the Manufacturing industry (Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ritex Rubber has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.