Ritsika Business Ventures Private Limited
About Ritsika Business Ventures Private Limited
Data last updated:
Ritsika Business Ventures Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Anant Merchants & Traders Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the asset management firms segment of the financial services sector. It was incorporated on 21 May 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2012PTC231281. The company has 5 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹45 Cr and a paid-up capital of ₹45 Cr. It was led by directors Ashish Ajmera and Shyam Maheshwari Sunder.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 11 – A Communication Centre 3rd Floor Orchid City Centre Mall 265 Belasis Road Mumbai C, Entral, Maharashtra, India – 400008.
As per the financials filed for FY 2018, the company reported a revenue of ₹387.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹54.97 Lakh (net margin 0.1%) and EBITDA of ₹45.08 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years.
Company details
Contact details
Ritsika Business Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11 – A Communication Centre 3rd Floor Orchid City Centre Mall 265 Belasis Road Mumbai C, Entral, Maharashtra, India – 400008
- IndustryFinancial Services, Asset Management Firms
To see the full contact details of Ritsika Business Ventures 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 Ritsika Business Ventures is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Ritsika Business Ventures Private Limited, buy the company report.
Financials of Ritsika Business Ventures Private Limited
FY 2018 filings availableRitsika Business Ventures Private Limited reported revenue of ₹387.06 Cr (up 169% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 100% over three years, including 169% growth in the latest year. EBITDA fell 50% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹45.08 Cr | |||
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| Net Profit (PAT) | ₹54.97 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 11.6% | |||
| Net Profit Margin | 0.1% | |||
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To see the full financial statements and ratios of Ritsika Business Ventures Private Limited, buy the company report.
Board of directors of Ritsika Business Ventures Private Limited
Ritsika Business Ventures has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Maheshwari Sunder Also directs: Mapsify Logitech Private Limited | Additional Director | 21 May 2018 | 8 Years 5 Months | As last reported |
| Ashish Ajmera | Director | 18 May 2015 | 11 Years 5 Months | As last reported |
Auditor
Ritsika Business Ventures Private Limited is audited by S L & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S L & COMPANY | FY 2017 | 134210W |
Shareholding
The shareholding of Ritsika Business Ventures 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 Ritsika Business Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ritsika Business Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ritsika Business Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ritsika Business Ventures has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ritsika Business Ventures Private Limited, buy the company report.
Recent activity
Ritsika Business Ventures Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Manish Ajmera ceased to be Director on 09 Aug 2018.
Frequently asked questions
Ritsika Business Ventures 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.
Ritsika Business Ventures was a private limited company based in Mumbai, Maharashtra, India. The company worked in asset management firms, within the financial services industry. It was incorporated on 21 May 2012 and is registered under CIN U74900MH2012PTC231281. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ritsika Business Ventures was incorporated on 21 May 2012. It is registered with the Registrar of Companies, Mumbai.
Ritsika Business Ventures had 2 directors:
- Shyam Maheshwari Sunder - Additional Director
- Ashish Ajmera - Director
The CIN (Corporate Identification Number) of Ritsika Business Ventures is U74900MH2012PTC231281. 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 Ritsika Business Ventures is at 11 – A Communication Centre 3rd Floor Orchid City Centre Mall 265 Belasis Road Mumbai C, Entral, Maharashtra, India – 400008.
The latest financial statements of Ritsika Business Ventures on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Ritsika Business Ventures has 5 GST registrations on record and all of them are cancelled or inactive.
Ritsika Business Ventures operated in the financial services industry, in the asset management firms segment.
Manish Ajmera ceased to be Director on 09 Aug 2018. Shyam Maheshwari Sunder was appointed as Additional Director on 21 May 2018. Ashish Ajmera ceased to be Additional Director on 30 Sep 2015. Ritsika Business Ventures has 8 board changes on record in total.
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