Ritman Commodities Private Limited

Ritman Commodities Private Limited - financial services in Kolkata, West Bengal, India. Directors, charges & compliance details.
CIN U74999WB2012PTC175248 Incorporated 06 March 2012 ROC Kolkata HQ Kolkata, West Bengal, India
Merged Private Limited Company financial services
Data last updated
Revenue · FY 2023
₹4.86 Cr
▲ 195% YoY
Net profit · FY 2023
₹1.57 Cr
Net margin 32.4%
EBITDA · FY 2023
₹1.91 Cr
EBITDA margin 39.3%
Authorised capital
₹63 Lakh
Registered with MCA
Paid-up capital
₹63 Lakh
Issued & subscribed
Open charges
₹5.89 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Ritman Commodities Private Limited

Data last updated:

Ritman Commodities 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 diversified financial services segment of the financial services sector. It was incorporated on 06 March 2012.

The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2012PTC175248. Its GSTIN is 19AAFCR7321D1ZH (West Bengal).

The company had an authorised share capital of ₹63 Lakh and a paid-up capital of ₹63 Lakh. It was led by directors Anup Kumar Jash and Santosh Kumar Choudhary.

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 8/1 Middleton Row 3rd Floor, Kolkata, West Bengal, India – 700071.

As per the financials filed for FY 2023, the company reported a revenue of ₹4.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 32.4%) and EBITDA of ₹1.91 Cr (EBITDA margin 39.3%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 32% over five years.

Its group structure included 1 subsidiary.

As per MCA filings, the company had open charges of ₹5.89 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.

Company Details of Ritman Commodities Private Limited
CIN U74999WB2012PTC175248
Registration Number 175248
Incorporation Date 06 March 2012
ROC Kolkata
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    8/1 Middleton Row 3rd Floor, Kolkata, West Bengal, India – 700071
  • Industry
    Financial Services, Diversified Financial Services
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Financials, compliance, directors, charges, ownership and filings for Ritman Commodities Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Ritman Commodities Private Limited

The main business activity of Ritman Commodities is financial and insurance service. In detail, this covers other financial activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
KFinancial and insurance ServiceK8Other financial activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Ritman Commodities Private Limited FY 2023 filings available

Ritman Commodities Private Limited reported revenue of ₹4.86 Cr (up 195% YoY) for FY 2023.

Revenue · FY 2023
₹4.86 Cr ▲ 195%
Net profit · FY 2023
₹1.57 Cr margin 32.4%
EBITDA · FY 2023
₹1.91 Cr margin 39.3%

Compounded Annual Growth Rate (CAGR) of Ritman Commodities Private Limited

Revenue CAGR growth
1 year
▲ 195%
3 years · compounded
▲ 64%
5 years · compounded
▼ 32%
EBITDA CAGR growth
1 year
▲ 162%
3 years · compounded
▲ 39%
5 years · compounded
▼ 12%

Revenue rose 195% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 32%. EBITDA rose 162% 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 Ritman Commodities Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹4.86 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹1.91 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.57 Cr••••••••••••••••
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 Ritman Commodities Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin39.3%••••••••••••••••
Net Profit Margin32.4%••••••••••••••••
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 Ritman Commodities are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Ritman Commodities Private Limited

Ritman Commodities Private Limited is audited by AGARWAL P D & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
AGARWAL P D & ASSOCIATESLockedLockedLocked
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Board of Directors of Ritman Commodities Private Limited

Ritman Commodities has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Anup Kumar JashDirector20 May 20197 Years 4 MonthsAs last reported
Santosh Kumar ChoudharyDirector10 Apr 20197 Years 5 MonthsAs last reported

Ownership and Shareholding of Ritman Commodities Private Limited

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Charges & Borrowings of Ritman Commodities Private Limited

Open charges
₹5.89 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹5.89 Cr
Latest charge details
DateLenderAmountStatus
28 Dec 2016State Bank of India₹5.89 CrOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Ritman Commodities Private Limited

Employment history and EPFO contributions of people linked to Ritman Commodities.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Ritman Commodities Private Limited

Ritman Commodities has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Parth Ispat (India) Private LimitedU74210WB1989PTC046619Locked

Showing major subsidiaries. Total: 1.

Recent Activity on Ritman Commodities Private Limited

Ritman Commodities Private Limited has 11 board changes on record since 2013: 2 appointments and 9 cessations. The latest: Anup Kumar Jash ceased to be Additional Director on 30 Sep 2019.

AGM
Ritman Commodities Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Ritman Commodities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
Charges
A charge with State Bank Of India of Rs. 589.00 Lakh registered on 28 Dec 2016 with Charge ID 100073494 was modified on 05 Jun 2020.
Ceased
Anup Kumar Jash ceased to be Additional Director.
Ceased
Santosh Kumar Choudhary ceased to be Additional Director.
Appointed
Anup Kumar Jash was appointed as Director.
Ceased
Bundram Nanki Prasad Yadav ceased to be Director.
Appointed
Santosh Kumar Choudhary was appointed as Director.
Ceased
Manoj Kumar Baheti ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 589.00 Lakh with Charge ID 100073494 was registered on 28 Dec 2016.
Ceased
Padam Chand Dugar ceased to be Additional Director.
Ceased
Sibabrata Mohanty ceased to be Additional Director.

4 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Ritman Commodities Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Ritman Commodities Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Ritman Commodities Private Limited

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GST Compliance of Ritman Commodities Private Limited

Ritman Commodities has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AAFCR7321D1ZHWest BengalActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Ritman Commodities Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Ritman Commodities Private Limited

Ritman Commodities 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.

Ritman Commodities was a private limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 06 March 2012 and is registered under CIN U74999WB2012PTC175248. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Ritman Commodities was incorporated on 06 March 2012. It is registered with the Registrar of Companies, Kolkata.

Ritman Commodities had 2 directors:

The CIN (Corporate Identification Number) of Ritman Commodities is U74999WB2012PTC175248. 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 Ritman Commodities is at 81 Middleton Row 3rd Floor, Kolkata, West Bengal, India – 700071.

Ritman Commodities reported revenue of ₹4.86 Cr for FY 2023 (up 195% YoY).

Ritman Commodities has an authorised share capital of ₹63 Lakh and a paid-up capital of ₹63 Lakh.

Ritman Commodities reported a net profit of ₹1.57 Cr (net margin 32.4%) and EBITDA of ₹1.91 Cr (EBITDA margin 39.3%) for FY 2023, as per its filed financial statements.

The GSTIN of Ritman Commodities is 19AAFCR7321D1ZH, registered in West Bengal.

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