About Ritspin Synthetics Limited
Data last updated: 18 February 2026
Ritspin Synthetics Limited is a public limited company based in Dhar, Madhya Pradesh, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 07 December 1994, the company has been in operation for over 32 years.
Registered with ROC Gwalior under CIN U17124MP1994PLC008839.
Capital: an authorised share capital of ₹60 Cr and a paid-up capital of ₹47.93 Cr. Formerly known as Ritspin Syntheticcs Limited. It is led by directors including Bhagwan Singh Suryawanshi and Manish Kumar.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Dhar, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.11 Cr, a growth of 7% compared to the previous year.
The company has a workforce of approximately 656 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹593.63 Cr and satisfied charges of ₹571.92 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wearitgroup.com.
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Registered AddressPlot No – 2, Kheda Industrialgrowth Centre, Dhar, Madhya Pradesh, India – 454774
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Ritspin Synthetics Limited
Ritspin Synthetics Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including textile, leather and other apparel products, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Ritspin Synthetics Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Ritspin Synthetics Limited
Ritspin Synthetics Limited is audited by R.K. BHAGANIA & CO for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.K. BHAGANIA & CO | Locked | Locked | Locked |
Complete auditor history for Ritspin Synthetics Limited
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Board of Directors of Ritspin Synthetics Limited
Ritspin Synthetics Limited is currently managed by 3 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwan Singh Suryawanshi | Director | 01 Jun 2020 | 6 Years 1 Months | Current |
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Manish Kumar
Also directs:
Dhanterash Sale Private Limited
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Director | 07 Dec 1994 | 31 Years 7 Months | Current |
| Balesh Kumar Bagree | Director | 02 May 2013 | 13 Years 2 Months | Current |
Financials of Ritspin Synthetics Limited FY 2024 filings available
Ritspin Synthetics Limited reported revenue of ₹32.11 Cr (up 7.00% YoY) for FY 2024.
Ten-year financial statements for Ritspin Synthetics Limited
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Ownership and Shareholding of Ritspin Synthetics Limited
Shareholding and ownership data for Ritspin Synthetics Limited
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Charges & Borrowings of Ritspin Synthetics Limited
| 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 Cr | Open |
Total charge records: 19 View all charges
Employees and EPFO Compliance at Ritspin Synthetics Limited
Ritspin Synthetics Limited has a workforce of 656 employees as of Nov 19, 2024.
Employee and EPFO history for Ritspin Synthetics Limited
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GST Compliance of Ritspin Synthetics Limited
GST registrations and filing compliance for Ritspin Synthetics Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ritspin Synthetics Limited
Credit ratings, litigation, and regulatory alerts for Ritspin Synthetics Limited
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MSME Payment Delays by Ritspin Synthetics Limited
MSME payment history for Ritspin Synthetics Limited
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Subsidiaries & Group Companies of Ritspin Synthetics Limited
Corporate group structure for Ritspin Synthetics Limited
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MCA Filings & Documents of Ritspin Synthetics Limited
MCA filings and documents for Ritspin Synthetics Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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Recent Activity on Ritspin Synthetics Limited
Frequently Asked Questions about Ritspin Synthetics Limited
Ritspin Synthetics Limited is an active public limited company in the manufacturing sector based in Dhar, Madhya Pradesh, India. It was incorporated on 07 December 1994 (32+ years old) and is registered under CIN U17124MP1994PLC008839. The company has 656 employees.
Ritspin Synthetics Limited reported revenue of ₹32.11 Cr for FY 2024 (up 7.00% YoY).
The current directors of Ritspin Synthetics Limited are:
- Bhagwan Singh Suryawanshi - Director
- Manish Kumar - Director
- Balesh Kumar Bagree - Director
The primary industry of Ritspin Synthetics Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Ritspin Synthetics Limited can be reached at the registered office: Plot No – 2, Kheda Industrialgrowth Centre, Dhar, Madhya Pradesh, India – 454774, or through the website wearitgroup.com.
The authorised capital is ₹60 Cr, and the paid-up capital is ₹47.93 Cr.