Ritu Multitrade Services Private Limited
About Ritu Multitrade Services Private Limited
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Ritu Multitrade Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 15 February 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH1988PTC046216. Its GSTIN is 27AAACR1995C1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Ritu Ice and Cold Storage Private Limited. It is led by directors Chirag Navinchandra Shah and Krutika Vijay Dasarwad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹97 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹10.83 Lakh (net margin 11.2%) and EBITDA of ₹22.82 Lakh (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
Court records list 32 cases involving the company, including 9 filed by the company and 23 filed against it; 28 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ritu Multitrade Services has one previous CIN (Corporate Identification Number): U63022MH1988PTC046216. The current CIN is U74900MH1988PTC046216, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH1988PTC046216 | Current |
| U63022MH1988PTC046216 | Previous |
Contact details
Ritu Multitrade Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7 A Floor – Grd Plot – 396 Kamat Industrial Estate, Swatantrya Veer Savarkar Marg Kismat Cinema, Mumbai, Maharashtra, India – 400025
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Ritu Multitrade Services 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 Ritu Multitrade Services is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Ritu Multitrade Services Private Limited, buy the company report.
Financials of Ritu Multitrade Services Private Limited
FY 2025 filings availableRitu Multitrade Services Private Limited reported revenue of ₹97 Lakh (down 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 24% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹22.82 Lakh | ||||
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| Net Profit (PAT) | ₹10.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.5% | ||||
| Net Profit Margin | 11.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ritu Multitrade Services Private Limited, buy the company report.
Board of directors of Ritu Multitrade Services Private Limited
Ritu Multitrade Services has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Navinchandra Shah Also directs: Bridge Infra Private Limited, Tanvishtrading Private Limited, Devika Trading Private Limited and 1 more | Additional Director | 19 Aug 2024 | 2 Years 2 Months | Current |
| Krutika Vijay Dasarwad Also directs: Bridge Infra Private Limited, Tanvishtrading Private Limited, Devika Trading Private Limited and 1 more | Additional Director | 17 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Ritu Multitrade Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale and retail trade and repair of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vaishubh Lifesciences Private Limited | ₹97.5 Lakh (FY 2025) | -60.0% | Mumbai, Maharashtra, India | |||
| Dhaval Auto Private Limited | ₹97.39 Lakh (FY 2024) | -27.0% | Mumbai, Maharashtra, India | |||
| Fixtcon Engineering Private Limited | ₹97.18 Lakh (FY 2025) | 60.0% | Pune, Maharashtra, India | |||
| Oasis Agro Industries Private Limited | ₹97.08 Lakh (FY 2025) | -47.0% | Madurai, Tamil Nadu, India | |||
| Neat Air Conditioning Pvt.Ltd. | ₹97.03 Lakh (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Ritu Multitrade Services Private Limitedthis company | ₹97 Lakh (FY 2025) | ₹10.83 Lakh | 11.2% | -73.0% | Mumbai, Maharashtra, India | |
| Pictus Pharmaceutical Private Limited | ₹96.94 Lakh (FY 2025) | 98.0% | New Delhi, Delhi, India | |||
| Aristel Systems Private Limited | ₹96.91 Lakh (FY 2025) | 15.0% | Delhi, India | |||
| Shreekrushikalyani Farmer's Producer Company Limited | ₹96.86 Lakh (FY 2025) | 48.0% | Nashik, Maharashtra, India | |||
| Classic Wealth Creations Private Limited (OPC) | ₹96.8 Lakh (FY 2025) | 166.0% | Mumbai, Maharashtra, India | |||
| Fylfot Impex Private Limited | ₹96.74 Lakh (FY 2025) | -7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ritu Multitrade Services Private Limited, buy the company report.
Auditor
Ritu Multitrade Services Private Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | FY 2018 | 128216W |
Shareholding
The shareholding of Ritu Multitrade Services Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ritu Multitrade Services Private Limited, buy the company report.
Legal cases
Ritu Multitrade Services Private Limited has 32 court cases on record: 9 filed by Ritu Multitrade Services, 23 filed against it. 28 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 22 | 15 | 21 |
| District courts | 6 | 5 | 6 |
| NCLT | 3 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S TK Elevator India Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by TK Elevator India Private Limited Through Santosh Lad | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against SB Neptune Private Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Ravi Kapoor Resolution Professional of Krishna Knitwear Technology Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Mr. Ajit Kumar Erstwhile Resolution Professional (RP) of Eskay Knit (India) Ltd. & Ors and 3 others | Pending |
To see the full case history of Ritu Multitrade Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ritu Multitrade Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ritu Multitrade Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR1995C1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ritu Multitrade Services Private Limited, buy the company report.
Recent activity
Ritu Multitrade Services Private Limited has 20 board changes on record since 2007: 2 appointments and 18 cessations. The latest: Chirag Navinchandra Shah was appointed as Additional Director on 19 Aug 2024.
11 earlier events are in the company report.
Frequently asked questions
Ritu Multitrade Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 15 February 1988 (38+ years old) and is registered under CIN U74900MH1988PTC046216.
Ritu Multitrade Services has 2 current directors:
- Chirag Navinchandra Shah - Additional Director
- Krutika Vijay Dasarwad - Additional Director
The latest financial statements of Ritu Multitrade Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ritu Multitrade Services is 27AAACR1995C1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ritu Multitrade Services is U74900MH1988PTC046216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritu Multitrade Services has 32 court cases on record: 9 filed by the company and 23 filed against it. 28 are pending. Most are in the nclat.
Ritu Multitrade Services was incorporated on 15 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ritu Multitrade Services by revenue are Vaishubh Lifesciences Private Limited, Dhaval Auto Private Limited, Fixtcon Engineering Private Limited, Oasis Agro Industries Private Limited, Neat Air Conditioning Pvt.Ltd. and 5 more, all in the same principal business activity (wholesale and retail trade and repair of motor vehicles and motorcycles).
Chirag Navinchandra Shah was appointed as Additional Director on 19 Aug 2024. Dineshbhai Ramubhai Ahir ceased to be Additional Director on 19 Aug 2024. Amratbhai Rupabhai Jadav ceased to be Additional Director on 17 Aug 2024. Ritu Multitrade Services has 20 board changes on record in total.
The registered office of Ritu Multitrade Services is at 7 A Floor – Grd Plot – 396 Kamat Industrial Estate, Swatantrya Veer Savarkar Marg Kismat Cinema, Mumbai, Maharashtra, India – 400025.
Ritu Multitrade Services operates in the trading industry, in the other wholesale segment.
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