Ritih Solutions Private Limited - Company Profile

It is a e-commerce private limited company based in Bangalore South, Karnataka, India, established in 2021.
2021 Bangalore South, Karnataka, India Active
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About Ritih Solutions Private Limited

Ritih Solutions Private Limited, a active private limited company, was established on 21 October 2021 in Bangalore South, Karnataka, India. Engaging in general e-commerce platforms within the trade sector, it holds CIN: U15100KA2021PTC153332. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

Its leadership includes Karthik Balakrishnan (Director), Whokoday Rajendranathrao Sony (Managing Director), Rajasree Sreenath (Additional Director). Past directors included Whokoday Rajendranathrao Sony, Kailash Vishnudas Nabariya, Kandaudayar Velmurugan. It holds ₹12.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at Plot No. 28, Bommasandra Industrial Area, Attibele Hobili, Anekal Taluk, Bangalore South, Karnataka, 560099.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U15100KA2021PTC153332

  • Registration Number

    153332

  • Incorporation Date

    21 October 2021

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.00 Cr
  • Revenue Growth **** 1478947.72%
  • Profit Growth **** -800.99%
  • Ebitda **** -1097.47%
  • Net Worth -573.76%
  • Total Assets **** 644.75%
Company report

Ritih Solutions Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Ritih Solutions Private 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 Ritih Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Karthik Balakrishnan Director 21 Oct 2021 Current
Whokoday Rajendranathrao Sony Managing Director 13 Jun 2024 Current
Rajasree Sreenath Additional Director 30 May 2024 Current
Raju Loganathan Additional Director 27 Nov 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 31 May 2024 Past
Pramod Abcsdd Additional Director 31 May 2024 Past
Pramod Abcsdd Additional Director 27 Aug 2024 Past

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Financial Performance of Ritih Solutions.

Ritih Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1478947.72% increase. The company also saw a substantial fall in profitability, with a 800.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 573.76%.

Ritih Solutions revenue growth over time
Ritih Solutions 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
********
 1478947.72%
*******
*******
*******
*******
Revenue from Operations
*******
 1478914.60%
*******
*******
*******
*******
Total Assets
*******
 644.75%
*******
*******
*******
*******
Profit or Loss
*******
 -800.99%
*******
*******
*******
*******
Net Worth
*******
 -573.76%
*******
*******
*******
*******
EBITDA
*******
 -1097.47%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ritih Solutions?

In 2023, Ritih Solutions had a promoter holding of 90.00% and a public holding of 10.00%. 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

₹120,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Canara Bank : 10.50 Cr
  • Others : 1.50 Cr
Latest Charge Details
Date Lender Amount Status
30 Nov 2024 Canara Bank ₹10.50 Cr Open
08 Nov 2024 Others ₹1.50 Cr Open

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How Many Employees Work at Ritih Solutions?

Ritih Solutions has a workforce of 0 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Ritih Solutions, 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 Ritih Solutions'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 Ritih Solutions
Recent Activity within the Organization
  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 105.00 M with Charge ID 101019595 was registered on 30 Nov 2024. was documented.

  • Director Appointment

    Raju Loganathan was appointed as a Additional Director was appointed as a Additional Director on 27 Nov 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 15.00 M with Charge ID 101048280 was registered on 08 Nov 2024. was completed.

  • Director Appointment

    Whokoday Rajendranathrao Sony was appointed as a Managing Director was appointed as a Managing Director on 13 Jun 2024 & has been associated with this company since 1 year 11 months . was recorded as a recent event.

  • Director Appointment

    Rajasree Sreenath was appointed as a Additional Director was appointed as a Additional Director on 30 May 2024 & has been associated with this company since 1 year 11 months . was recorded as a recent event.

  • Annual General Meeting

    Ritih Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Ritih Solutions Private Limited?

The CIN of Ritih Solutions Private Limited is U15100KA2021PTC153332.

Where is Ritih Solutions Private Limited headquartered?

Ritih Solutions Private Limited is headquartered at Plot No. 28, Bommasandra Industrial Area, Attibele Hobili, Anekal Taluk, Bangalore South, Karnataka, 560099.

When was Ritih Solutions Private Limited incorporated?

Ritih Solutions Private Limited was incorporated on 21 October 2021.

Who are the current directors of Ritih Solutions Private Limited?

The current directors of Ritih Solutions Private Limited are

What is the primary industry of Ritih Solutions Private Limited?

The primary industry of Ritih Solutions Private Limited is Trade.

Is Ritih Solutions Private Limited a listed company?

Ritih Solutions Private Limited is unlisted.

What is the capital structure of Ritih Solutions Private Limited?

The authorized capital of Ritih Solutions Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

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