Ritz Spinning Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Hyderabad, Telangana, India, established in 2015.
2015 Hyderabad, Telangana, India Active
Last Updated:
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About Ritz Spinning Mills Private Limited

Ritz Spinning Mills Private Limited, a active private limited company, was established on 04 September 2015 in Hyderabad, Telangana, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17290TG2015PTC100571. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹2.50 M.

It upholds a compliant status. Employing 21 professional, Its leadership includes Preetesh Asawa (Director), Ritesh Asawa (Director). It holds ₹49.13 Cr open charges and ₹9.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 5-8-288, Chirag Ali Lane, Hyderabad, Telangana, 500001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17290TG2015PTC100571

  • Registration Number

    100571

  • Incorporation Date

    04 September 2015

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹2.50 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 10 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 49.13 Cr
  • Satisfied Charges ₹ 9.00 Cr
  • Revenue Growth **** 165.57%
  • Profit Growth **** 240.96%
  • Ebitda **** 3.65%
  • Net Worth 70.63%
  • Total Assets **** 0.68%
Company report

Ritz Spinning Mills Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ritz Spinning Mills Private 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 Ritz Spinning Mills Private Limited?
Current Directors
Name Designation Appointment Date Status
Preetesh Asawa Director 04 Sep 2015 Current
Ritesh Asawa Director 04 Sep 2015 Current

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Financial Performance of Ritz Spinning Mills.

Ritz Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 165.57% increase. The company also saw a substantial improvement in profitability, with a 240.96% increase in profit. The company's net worth Soared by an impressive increase of 70.63%.

Ritz Spinning Mills revenue growth over time
Ritz Spinning Mills 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
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 165.57%
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Revenue from Operations
*******
 169.01%
*******
*******
*******
*******
Total Assets
*******
 0.68%
*******
*******
*******
*******
Profit or Loss
*******
 240.96%
*******
*******
*******
*******
Net Worth
*******
 70.63%
*******
*******
*******
*******
EBITDA
*******
 3.65%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ritz Spinning Mills?

In 2023, Ritz Spinning Mills had a promoter holding of 100.00%. 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

₹491,300,000.00

Satisfied Charges

₹90,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 30.43 Cr
  • Others : 18.70 Cr
Latest Charge Details
Date Lender Amount Status
24 Dec 2024 Others ₹18.70 Cr Open
12 Oct 2022 Hdfc Bank Limited ₹5.60 M Open
04 Mar 2020 Hdfc Bank Limited ₹29.87 Cr Open
19 Dec 2017 Others ₹9.00 Cr Satisfied

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How Many Employees Work at Ritz Spinning Mills?

Ritz Spinning Mills has a workforce of 21 employees as of Apr 07, 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 Ritz Spinning Mills, 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 Ritz Spinning Mills'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 Ritz Spinning Mills
Recent Activity within the Organization
  • Charges

    A charge with Others of Rs. 187.00 M registered on 24 Dec 2024 with Charge ID 101027724 was modified on 30 Oct 2025. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 187.00 M with Charge ID 101027724 was registered on 24 Dec 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 298.70 M registered on 04 Mar 2020 with Charge ID 100331729 was modified on 07 Nov 2024. was documented.

  • Annual General Meeting

    Progress on Ritz Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Ritz Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.60 M with Charge ID 100622436 was registered on 12 Oct 2022. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Ritz Spinning Mills Private Limited?

The CIN of Ritz Spinning Mills Private Limited is U17290TG2015PTC100571.

Where is Ritz Spinning Mills Private Limited headquartered?

Ritz Spinning Mills Private Limited is headquartered at 5-8-288, Chirag Ali Lane, Hyderabad, Telangana, 500001.

When was Ritz Spinning Mills Private Limited incorporated?

Ritz Spinning Mills Private Limited was incorporated on 04 September 2015.

Who are the current directors of Ritz Spinning Mills Private Limited?

The current directors of Ritz Spinning Mills Private Limited are

What is the primary industry of Ritz Spinning Mills Private Limited?

The primary industry of Ritz Spinning Mills Private Limited is Manufacturing.

Is Ritz Spinning Mills Private Limited a listed company?

Ritz Spinning Mills Private Limited is unlisted.

What is the capital structure of Ritz Spinning Mills Private Limited?

The authorized capital of Ritz Spinning Mills Private Limited is ₹5.00 M, and the paid-up capital is ₹2.50 M.

What is the compliance status of Ritz Spinning Mills Private Limited?

The compliance status of Ritz Spinning Mills Private Limited is Compliant.

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