Sita Riders Private Limited - Company Profile

It is a automotive private limited company based in Korba, Chattisgarh, India, established in 2010.
2010 Korba, Chattisgarh, India Active
Last Updated:
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About Sita Riders Private Limited

Sita Riders Private Limited, a active private limited company, was established on 19 March 2010 in Korba, Chattisgarh, India. Engaging in auto dealership & trading within the professional, scientific and technical sector, it holds CIN: U50100CT2010PTC021671. Registered under ROC Roc Chhattisgarh. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.11 M.

Formerly known as Sita Riders Finance Private Limited. It upholds a compliant status. Its leadership includes Raja Modi (Director), Shikha Modi (Director). Past directors included Ashok Kumar Modi, Preeti Modi, Hardik Modi. It holds ₹4.59 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at C/O Ashok And Company, Champa Road, Sitamani, Korba, Chattisgarh, 495682.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U50100CT2010PTC021671

  • Registration Number

    021671

  • Incorporation Date

    19 March 2010

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.11 M

  • ROC Code

    Roc Chhattisgarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.11 M
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.59 Cr
  • Revenue Growth **** 7.68%
  • Profit Growth **** 59.55%
  • Ebitda **** -76.91%
  • Net Worth 17.68%
  • Total Assets **** 8.59%
Company report

Sita Riders Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Sita Riders Private Limited?
Current Directors
Name Designation Appointment Date Status
Raja Modi Director 04 Jul 2014 Current
Shikha Modi Director 04 Jul 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 16 Jul 2014 Past
Pramod Abcsdd Director 16 Jul 2014 Past
Pramod Abcsdd Director 16 Jul 2014 Past

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Financial Performance of Sita Riders.

Sita Riders Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.68% increase. The company also saw a substantial improvement in profitability, with a 59.55% increase in profit. The company's net worth Soared by an impressive increase of 17.68%.

Sita Riders revenue growth over time
Sita Riders 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
********
 7.68%
*******
*******
*******
*******
Revenue from Operations
*******
 5.00%
*******
*******
*******
*******
Total Assets
*******
 8.59%
*******
*******
*******
*******
Profit or Loss
*******
 59.55%
*******
*******
*******
*******
Net Worth
*******
 17.68%
*******
*******
*******
*******
EBITDA
*******
 -76.91%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sita Riders?

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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

₹45,900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of India : 4.59 Cr
Latest Charge Details
Date Lender Amount Status
26 Sep 2014 State Bank Of India ₹4.59 Cr Open

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How Many Employees Work at Sita Riders?

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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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Sita Riders
Recent Activity within the Organization
  • Annual General Meeting

    The activity Sita Riders Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Sita Riders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh. was recorded as a recent event.

  • Charges

    A charge with State Bank Of India of Rs. 45.90 M registered on 26 Sep 2014 with Charge ID 10536964 was modified on 23 Oct 2020. was recorded as a recent event.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 45.90 M with Charge ID 10536964 was registered on 26 Sep 2014. was completed.

  • Director Appointment

    Raja Modi was appointed as a Director was appointed as a Director on 04 Jul 2014 & has been associated with this company since 11 years 8 months . was recorded as a recent event.

  • Director Appointment

    The activity Shikha Modi was appointed as a Director was appointed as a Director on 04 Jul 2014 & has been associated with this company since 11 years 8 months . was completed.

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Frequently Asked Questions
What is the CIN of Sita Riders Private Limited?

The CIN of Sita Riders Private Limited is U50100CT2010PTC021671.

Where is Sita Riders Private Limited headquartered?

Sita Riders Private Limited is headquartered at C/O Ashok And Company, Champa Road, Sitamani, Korba, Chattisgarh, 495682.

When was Sita Riders Private Limited incorporated?

Sita Riders Private Limited was incorporated on 19 March 2010.

Who are the current directors of Sita Riders Private Limited?

The current directors of Sita Riders Private Limited are

What is the primary industry of Sita Riders Private Limited?

The primary industry of Sita Riders Private Limited is Professional, Scientific And Technical.

Is Sita Riders Private Limited a listed company?

Sita Riders Private Limited is unlisted.

What is the capital structure of Sita Riders Private Limited?

The authorized capital of Sita Riders Private Limited is ₹5.00 M, and the paid-up capital is ₹3.11 M.

What is the compliance status of Sita Riders Private Limited?

The compliance status of Sita Riders Private Limited is Compliant.

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