Ritspin Synthetics Limited - Company Profile

It is a manufacturing public limited company based in Dhar, Madhya Pradesh, India, established in 1994.
1994 Dhar, Madhya Pradesh, India Active
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About Ritspin Synthetics Limited

Ritspin Synthetics Limited, a active public limited company, was established on 07 December 1994 in Dhar, Madhya Pradesh, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17124MP1994PLC008839. Registered under ROC Roc Gwalior. it is unlisted. It has an authorized capital of ₹60.00 Cr and a paid-up capital of ₹47.93 Cr.

Formerly known as Ritspin Syntheticcs Limited. It upholds a compliant status. Employing 656 professional, Its leadership includes Bhagwan Singh Suryawanshi (Director), Manish Kumar (Director), Balesh Kumar Bagree (Director). Past directors included Shailja Haldia, Bhagwan Singh Suryawanshi, Monika Agarwal. It holds ₹593.63 Cr open charges and ₹571.92 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No- 2, Kheda Industrialgrowth Centre, Dhar, Madhya Pradesh, 454774.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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Company Details

  • CIN/LLPIN

    U17124MP1994PLC008839

  • Registration Number

    008839

  • Incorporation Date

    07 December 1994

  • Authorized Capital

    ₹60.00 Cr

  • Paid-Up Capital

    ₹47.93 Cr

  • ROC Code

    Roc Gwalior

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 47.93 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 593.63 Cr
  • Satisfied Charges ₹ 571.92 Cr
Company report

Ritspin Synthetics Limited

Company Report FY 2025-2026

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Explore comprehensive insights into Ritspin Synthetics 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 Ritspin Synthetics Limited?
Current Directors
Name Designation Appointment Date Status
Bhagwan Singh Suryawanshi Director 01 Jun 2020 Current
Manish Kumar Director 07 Dec 1994 Current
Balesh Kumar Bagree Director 02 May 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 May 2018 Past
Pramod Abcsdd Additional Director 29 Sep 2020 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director - Past
Pramod Abcsdd Director 10 Jun 2010 Past
Pramod Abcsdd Director 14 Feb 2015 Past

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Financial Performance of Ritspin Synthetics.

Ritspin Synthetics Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Ritspin Synthetics revenue growth over time
Ritspin Synthetics 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
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What is the Ownership and Shareholding Structure of Ritspin Synthetics?

In 2023, Ritspin Synthetics had a promoter holding of 90.76% and a public holding of 9.24%. 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

₹5,936,313,000.00

Satisfied Charges

₹5,719,213,000.00

Charges Breakdown by Lending Institutions
  • Others : 539.00 Cr
  • Wearit Global Limited : 47.48 Cr
  • Allahabad Bank Kolkata Main Branch : 7.15 Cr
Latest Charge Details
Date Lender Amount Status
21 Aug 2017 Others ₹221.19 Cr Open
05 Oct 2015 Allahabad Bank Kolkata Main Branch ₹7.15 Cr Open
24 Jun 2014 Others ₹317.81 Cr Open
25 Feb 2002 Wearit Global Limited ₹29.48 Cr Open
24 Apr 1996 Wearit Global Limited ₹8.00 Cr Open

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How Many Employees Work at Ritspin Synthetics?

Ritspin Synthetics has a workforce of 656 employees as of Nov 19, 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 Ritspin Synthetics, 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 Ritspin Synthetics'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 Ritspin Synthetics
Recent Activity within the Organization
  • Annual General Meeting

    The activity Ritspin Synthetics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Ritspin Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior. was recorded as a recent event.

  • Director Appointment

    Progress on Bhagwan Singh Suryawanshi was appointed as a Director was appointed as a Director on 01 Jun 2020 & has been associated with this company since 5 years 9 months . was documented.

  • Director Appointment

    The activity Bhagwan Singh Suryawanshi was appointed as a CFO was appointed as a CFO on 01 Jun 2020 & has been associated with this company since 5 years 9 months . was completed.

  • Charges

    A charge with Others amounted to Rs. 221.19 Cr with Charge ID 100122865 was registered on 21 Aug 2017. was recorded as a recent event.

  • Charges

    A charge registered on 11 Feb 2015 via Charge ID 10558686 with Dena Bank was fully satisfied on 26 Dec 2016. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Ritspin Synthetics Limited?

The CIN of Ritspin Synthetics Limited is U17124MP1994PLC008839.

Where is Ritspin Synthetics Limited headquartered?

Ritspin Synthetics Limited is headquartered at Plot No- 2, Kheda Industrialgrowth Centre, Dhar, Madhya Pradesh, 454774.

When was Ritspin Synthetics Limited incorporated?

Ritspin Synthetics Limited was incorporated on 07 December 1994.

Who are the current directors of Ritspin Synthetics Limited?

The current directors of Ritspin Synthetics Limited are

What is the primary industry of Ritspin Synthetics Limited?

The primary industry of Ritspin Synthetics Limited is Manufacturing.

Is Ritspin Synthetics Limited a listed company?

Ritspin Synthetics Limited is unlisted.

What is the capital structure of Ritspin Synthetics Limited?

The authorized capital of Ritspin Synthetics Limited is ₹60.00 Cr, and the paid-up capital is ₹47.93 Cr.

What is the compliance status of Ritspin Synthetics Limited?

The compliance status of Ritspin Synthetics Limited is Compliant.

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