- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0085447

Ritz Luxuries Private Limited
About Ritz Luxuries Private Limited
Data last updated:
Ritz Luxuries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the beauty salons and wellness spas segment of the health and wellness sector. It was incorporated on 24 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC082469. Its GSTIN is 29AAHCR4551P1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rajendra Paliwal and Pragya Paliwal.
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 No. 598/1 Ground Floor 12th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.02 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Cr (net margin 99.8%) and EBITDA of ₹2.01 Cr (EBITDA margin 99.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
Ritz Luxuries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0085447). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Ritz Luxuries
Contact details
Ritz Luxuries Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 598/1 Ground Floor 12th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryHealth and Wellness Services, Beauty Salons & Wellness Spas
To see the full contact details of Ritz Luxuries 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 Ritz Luxuries is personal and household service. In detail, this covers washing and cleaning of textile and fur products, hair dressing and other beauty treatment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S3 | Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment |
To see the full business activity and turnover split of Ritz Luxuries Private Limited, buy the company report.
Financials of Ritz Luxuries Private Limited
FY 2025 filings availableRitz Luxuries Private Limited reported revenue of ₹2.02 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 671% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.01 Cr | ||||
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| Net Profit (PAT) | ₹2.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 99.8% | ||||
| Net Profit Margin | 99.8% | ||||
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To see the full financial statements and ratios of Ritz Luxuries Private Limited, buy the company report.
Board of directors of Ritz Luxuries Private Limited
Ritz Luxuries has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Paliwal | Director | 24 Aug 2015 | 11 Years 2 Months | Current |
| Pragya Paliwal Also directs: Ethera International Private Limited | Director | 24 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Ritz Luxuries Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Beauty Salons and Spas), with the same principal business activity (washing and cleaning of textile and fur products, hair dressing and other beauty treatment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ritz Luxuries Private Limitedthis company | ₹2.02 Cr (FY 2024) | ₹2.01 Cr | 99.8% | -4.0% | 7 | Bangalore, Karnataka, India |
| Grace Beauty Clinic Private Limited | ₹1.93 Cr (FY 2025) | 5.0% | Ludhiana, Punjab, India | |||
| LPHC Private Limited | ₹1.92 Cr (FY 2024) | 7.0% | Gandhinagar, Gujarat, India | |||
| Bon Temps Beauty Services Private Limited | ₹1.88 Cr (FY 2024) | -31.0% | Delhi, India |
To see the full peer comparison of Ritz Luxuries Private Limited, buy the company report.
Auditor
Ritz Luxuries Private Limited is audited by AKANA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKANA AND CO | FY 2023 | 244543 |
Shareholding
The shareholding of Ritz Luxuries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ritz Luxuries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ritz Luxuries 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
Ritz Luxuries Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 10 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alenka Media Private Limited | |||
| Passion Cosmetic Shopee | |||
| Urenok Software Solutions Private Limited | |||
| an individual supplier | |||
| Pinkblue Supply Solutions Private Limited |
To see the full MSME payment records of Ritz Luxuries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ritz Luxuries Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Ritz Luxuries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR4551P1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ritz Luxuries Private Limited, buy the company report.
Recent activity
Ritz Luxuries Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Pragya Paliwal was appointed as Director on 24 Aug 2015.
Frequently asked questions
Ritz Luxuries is an active private limited company based in Bangalore, Karnataka, India. The company works in beauty salons and wellness spas, within the health and wellness services industry. It was incorporated on 24 August 2015 (11+ years old) and is registered under CIN U74900KA2015PTC082469.
Ritz Luxuries has 2 current directors:
- Rajendra Paliwal - Director
- Pragya Paliwal - Director
The latest financial statements of Ritz Luxuries 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 FY 2016 are in the company report.
The GSTIN of Ritz Luxuries is 29AAHCR4551P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Ritz Luxuries is U74900KA2015PTC082469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritz Luxuries was incorporated on 24 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ritz Luxuries by revenue are Grace Beauty Clinic Private Limited, LPHC Private Limited, Bon Temps Beauty Services Private Limited, all in the Consumer Services industry (Beauty Salons and Spas), with the same principal business activity (washing and cleaning of textile and fur products, hair dressing and other beauty treatment).
Pragya Paliwal was appointed as Director on 24 Aug 2015. Rajendra Paliwal was appointed as Director on 24 Aug 2015.
Yes, Ritz Luxuries is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0085447).
Ritz Luxuries has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 10 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Jun 2019.
The registered office of Ritz Luxuries is at No. 5981 Ground Floor 12th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560038.
Ritz Luxuries operates in the health and wellness services industry, in the beauty salons and wellness spas segment.