Ritu Shipping Private Limited
About Ritu Shipping Private Limited
Data last updated:
Ritu Shipping Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35111GJ2004PTC044484. Its GSTIN is 24AADCR0178G1ZL (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹56.9 Lakh. It is led by directors Vivek Suresh Agarwal and Suresh Binjraj Agarwal.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹43.91 Lakh (net margin -31.1%) and EBITDA of -₹20.35 Lakh (EBITDA margin -14.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 50% over five years.
As per MCA filings, the company has open charges of ₹28.2 Cr and satisfied charges of ₹12 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA – 201 Mondeal Square Nr. Prahladnagar Garden Opposite Honest Restaurent S. G. Highwa, Y, Ahmedabad, Gujarat, India – 380015
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
- One PDF report, delivered after checkout
Financials of Ritu Shipping Private Limited FY 2025 filings available
Ritu Shipping Private Limited reported revenue of ₹1.41 Cr (up 1444% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Ritu Shipping Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years. 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 Ritu Shipping Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.41 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹20.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹43.91 Lakh | •••• | •••• | •••• | •••• |
| 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 Ritu Shipping Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -31.1% | •••• | •••• | •••• | •••• |
| 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 Ritu Shipping are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Ritu Shipping Private Limited
Ritu Shipping Private Limited is audited by NIRAV D SHAH & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIRAV D SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ritu Shipping Private Limited
Ritu Shipping has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Suresh Agarwal | Director | 19 Jul 2013 | 13 Years 2 Months | Current |
| Suresh Binjraj Agarwal | Director | 19 Jul 2004 | 22 Years 2 Months | Current |
Ownership and Shareholding of Ritu Shipping Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ritu Shipping Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2016 | Others | ₹3 Cr | Open |
| 14 May 2015 | Bank of Baroda | ₹10.2 Cr | Open |
| 31 Dec 2010 | Bank of Baroda | ₹15 Cr | Open |
| 12 Sep 2005 | Canara Bank | ₹12 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Ritu Shipping Private Limited
Employment history and EPFO contributions of people linked to Ritu Shipping.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ritu Shipping Private Limited
Ritu Shipping has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
Recent Activity on Ritu Shipping Private Limited
Ritu Shipping Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Ushaben Sureshbhai Agarwal ceased to be Director on 19 Jul 2013.
Credit Ratings, Litigation & Regulatory Alerts for Ritu Shipping Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ritu Shipping Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ritu Shipping Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ritu Shipping Private Limited
Ritu Shipping has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCR0178G1ZL | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ritu Shipping Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ritu Shipping Private Limited
Ritu Shipping is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 July 2004 (22+ years old) and is registered under CIN U35111GJ2004PTC044484.
Ritu Shipping reported revenue of ₹1.41 Cr for FY 2022 (up 1444% YoY).
Ritu Shipping has 2 current directors:
- Vivek Suresh Agarwal - Director
- Suresh Binjraj Agarwal - Director
Ritu Shipping reported a net loss of ₹43.91 Lakh (net margin -31.1%) and EBITDA of -₹20.35 Lakh (EBITDA margin -14.4%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ritu Shipping is -10% over three years and -50% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ritu Shipping is 24AADCR0178G1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Ritu Shipping is U35111GJ2004PTC044484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritu Shipping was incorporated on 19 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ushaben Sureshbhai Agarwal ceased to be Director on 19 Jul 2013. Vivek Suresh Agarwal was appointed as Director on 19 Jul 2013. Suresh Binjraj Agarwal was appointed as Director on 19 Jul 2004.
The registered office of Ritu Shipping is at A – 201 Mondeal Square Nr. Prahladnagar Garden Opposite Honest Restaurent S. G. Highwa, Y, Ahmedabad, Gujarat, India – 380015.