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Riddisiddhi Bullions Limited is an company in the precious metals trading industry, specializing in the wholesale distribution of gold and silver bullion. It provides a range of investment solutions, including physical bullion, digital gold, and trading services, catering to both individual investors and institutional clients.
Riddisiddhi Bullions Limited, is an unlisted public company incorporated on 09 December, 1994. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 42.00 cr and the total paid-up capital is INR 11.72 cr.
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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.
* INR 349 for 20+ credits purchase
1 credit = one company dashboard
| State | Type | Address |
|---|
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Bhawarlal Saremal Kothari
Shareholder
|
00002826 | 22 years |
| Managing Director | Prithviraj Saremal Kothari
Shareholder
|
00229996 | 22 years |
| CFO | Mukesh Manekchand Kothari
Shareholder
|
00230699 | 22 years |
| Director | Sanjiv Laxman Arole | 07792517 | 9 years |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | 1,995.4 | 2,675.0 | 1,539.5 | 3,493.4 | 7,221.6 |
| Operating profit | -7.8 | -2.1 | -0.2 | -0.5 | 6.0 |
| Net profit | -2.4 | 0.5 | 7.6 | 3.9 | 20.9 |
| Gross margin | 0.6 | 0.6 | 1.0 | 0.5 | 0.3 |
| Operating margin | -0.4 | -0.1 | -0.0 | -0.0 | 0.1 |
| Net margin | -0.1 | 0.0 | 0.5 | 0.1 | 0.3 |
| Networth | 171.2 | 171.7 | 179.4 | 183.3 | 204.2 |
| Borrowings | 12.6 | 15.7 | 12.2 | 75.0 | 57.4 |
| Assets | 386.4 | 352.6 | 314.9 | 420.2 | 540.5 |
| Debt to equity | 0.1 | 0.1 | 0.1 | 0.4 | 0.3 |
| Current ratio | 1.4 | 1.5 | 1.8 | 1.5 | 1.4 |
| ROE | -1.4 | 0.3 | 4.3 | 2.1 | 10.2 |
| Days payable | 31.0 | 15.0 | 14.0 | 9.0 | 10.0 |
| WC days | 17.0 | 13.0 | 25.0 | 13.0 | 6.0 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 11.7 | 11.7 | 11.7 | 11.7 | 11.7 |
| Reserves | 159.5 | 160.0 | 167.6 | 171.6 | 192.5 |
| Borrowings + | 12.6 | 15.7 | 12.2 | 75.0 | 57.4 |
| Long term borrowings | 0.9 | 0.9 | - | - | - |
| Short term borrowings | 11.6 | 14.7 | 12.2 | 75.0 | 57.4 |
| Trade payables + | 167.7 | 112.0 | 59.4 | 82.9 | 196.7 |
| Days payable | 31.0 | 15.0 | 14.0 | 9.0 | 10.0 |
| Other liabilities + | 202.6 | 165.2 | 123.4 | 161.9 | 278.9 |
| Other non-current liabilities | 1.2 | 0.9 | 1.1 | 0.9 | 1.2 |
| Other current liabilities | 33.7 | 52.3 | 62.8 | 78.0 | 81.1 |
| Total liabilities | 386.4 | 352.6 | 314.9 | 420.2 | 540.5 |
| Fixed Assets + | 14.1 | 12.8 | 12.9 | 11.2 | 10.4 |
| Tangible assets | 14.1 | 12.8 | 12.8 | 11.2 | 10.4 |
| CWIP | - | - | - | - | - |
| Intangible assets | - | - | - | - | - |
| LT loans and advances | 12.8 | 15.5 | 9.7 | 7.3 | 6.9 |
| Other non-current assets | 54.3 | 53.6 | 50.9 | 46.0 | 70.6 |
| Current assets + | 305.1 | 270.6 | 241.4 | 355.8 | 452.6 |
| Inventories | 46.3 | 77.9 | 68.3 | 136.3 | 115.5 |
| Trade receivables | 78.2 | 55.9 | 16.5 | 42.6 | 132.4 |
| Cash and cash equivalents | 84.9 | 100.2 | 91.5 | 95.8 | 92.6 |
| ST loans and advances | 95.2 | 28.8 | 62.1 | 80.9 | 111.4 |
| Other current assets | 0.5 | 7.8 | 3.1 | 0.1 | 0.7 |
| Total assets | 386.4 | 352.6 | 314.9 | 420.2 | 540.5 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales + | 1,995.4 | 2,675.0 | 1,539.5 | 3,493.4 | 7,221.6 |
| Sales growth % | -67.58 | 34.06 | -42.45 | 126.92 | 106.72 |
| Expenses + | 2,005.0 | 2,678.9 | 1,541.5 | 3,496.6 | 7,218.8 |
| Cost of goods | 1,983.1 | 2,658.4 | 1,524.5 | 3,475.9 | 7,201.2 |
| Employee cost | 3.5 | 3.2 | 3.6 | 3.8 | 4.1 |
| Other costs | 16.5 | 15.5 | 11.6 | 14.4 | 10.3 |
| Operating profit + | -7.8 | -2.1 | -0.2 | -0.5 | 6.0 |
| Operating margin % | -0.4 | -0.1 | -0.0 | -0.0 | 0.1 |
| Other income | 8.2 | 6.2 | 10.8 | 9.2 | 24.0 |
| Interest | - | 0.2 | 0.4 | 1.3 | 2.2 |
| Depreciation | 1.9 | 1.6 | 1.4 | 1.3 | 1.0 |
| Exceptional items | - | - | - | - | - |
| Profit before tax | -1.5 | 2.3 | 8.9 | 6.0 | 26.8 |
| Tax | 0.9 | 1.7 | 1.2 | 2.1 | 6.0 |
| Profit - disc. ops | - | - | - | - | - |
| Net profit | -2.4 | 0.5 | 7.6 | 3.9 | 20.9 |
| Net margin % | -0.1 | 0.0 | 0.5 | 0.1 | 0.3 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Solvency + | |||||
| Total Debt/Equity | 0.1 | 0.1 | 0.1 | 0.4 | 0.3 |
| Net Debt/Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Debt/Assets | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 |
| Total Assets/Equity | 2.3 | 2.0 | 1.8 | 2.3 | 2.6 |
| Liquidity + | |||||
| Current Ratio | 1.4 | 1.5 | 1.8 | 1.5 | 1.4 |
| Quick Ratio | 1.2 | 1.1 | 1.3 | 0.9 | 1.0 |
| Interest Coverage | - | -9.0 | -0.4 | -0.4 | 2.7 |
| Performance | |||||
| Gross Margin | 0.6 | 0.6 | 1.0 | 0.5 | 0.3 |
| Operating Margin | -0.4 | -0.1 | -0.0 | -0.0 | 0.1 |
| Net Margin | -0.1 | 0.0 | 0.5 | 0.1 | 0.3 |
| Return + | |||||
| Return on Equity | -1.4 | 0.3 | 4.3 | 2.1 | 10.2 |
| Pre-tax ROCE | -9.1 | -3.5 | -1.3 | -1.4 | 3.9 |
| Return on Assets | -0.6 | 0.1 | 2.4 | 0.9 | 3.9 |
| Pre-tax ROIC | -5.6 | -2.1 | -0.9 | -1.0 | 2.5 |
| Efficiency + | |||||
| Days Payable | 31.0 | 15.0 | 14.0 | 9.0 | 10.0 |
| Days Inventory | 9.0 | 11.0 | 16.0 | 14.0 | 6.0 |
| Days Receivable | 14.0 | 8.0 | 4.0 | 4.0 | 7.0 |
| Fixed Asset Turnover | 141.3 | 208.7 | 119.8 | 312.2 | 696.6 |
| Total Asset Turnover | 5.2 | 7.6 | 4.9 | 8.3 | 13.4 |
| Working Capital | |||||
| Cash Conversion Cycle | -8.0 | 4.0 | 6.0 | 9.0 | 3.0 |
| Working Capital Days | 17.0 | 13.0 | 25.0 | 13.0 | 6.0 |
State Bank of India
No. of Loans: 2
Total Amount : 50.0 cr
MUTHOOT EXIM PRIVATE LIMITED
No. of Loans: 1
Total Amount : 8.7 cr
Bajaj Finance Limited
No. of Loans: 2
Total Amount : 0.8 cr
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| HOMELY COMPLEX PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| PSK BUILDERS PRIVATE LIMITED. |
Strike Off
|
1.0 L | 1 | Maharashtra |
| PSK CONSTRUCTIONS PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Maharashtra |
| SUPAMA COMMODITIES LIMITED |
Active
|
77.0 L | 3 | Maharashtra |
| SUPAMA REALTORS LIMITED |
Converted to LLP and Dissolved
|
5.0 L | 1 | Maharashtra |
| KRISH DREAMS HOME PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| KOTHARI PAYMENT SOLUTIONS PRIVATE LIMITED |
Active
|
1.0 L | 3 | Maharashtra |
| HOUSE OF CLOCKS & WATCHES PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| ARANATH REAL ESTATE PRIVATE LIMITED |
Active
|
116.7 Cr | 1 | Maharashtra |
| K. BADAMI DEVELOPERS PRIVATE LIMITED |
Active
|
1.0 L | 2 | Maharashtra |
| K. SAREMAL DEVELOPERS PRIVATE LIMITED |
Active
|
3.0 Cr | 2 | Maharashtra |
| AMTD INTERNATIONAL PRIVATE LIMITED |
Active
|
1.0 Cr | 3 | Maharashtra |
| PARSHWANATH VENTURES LLP |
Active
|
1.0 L | 1 | Maharashtra |
| BSK REALTORS LLP |
Active
|
50,000.0 | 1 | Maharashtra |
| MSK INFRA REALTORS LLP |
Active
|
1.0 L | 2 | Maharashtra |
| VIMUK ENTERPRISES LLP |
Active
|
1.0 L | 2 | Maharashtra |
| ELITE REALTORS INTERNATIONAL LLP |
Active
|
1.0 L | 1 | Maharashtra |
| TREELIFE CONSULTANCY SERVICES LLP |
Active
|
15.0 Cr | 1 | Maharashtra |
| SUPAMA DEVELOPERS LLP |
Active
|
40,000.0 | 2 | Maharashtra |
| BADAMI ENTERPRISES LLP |
Active
|
60,000.0 | 2 | Maharashtra |
| SUPAMA REALTORS LLP |
Active
|
5.0 L | 1 | Maharashtra |
| INDIA BULLION AND JEWELLERS ASSOCIATION LIMITED |
Active
|
0.0 | 1 | Maharashtra |
| JATF MINORITY EDUCATION FOUNDATION |
Active
|
0.0 | 1 | Maharashtra |
| TREELIFE CONSULTANCY SERVICES PRIVATE LIMITED |
Converted to LLP and Dissolved
|
15.0 Cr | 2 | Maharashtra |
| NATIONAL GEMS AND JEWELLERY COUNCIL OF INDIA |
Active
|
0.0 | 1 | Delhi |
| SUPAMA FINANCIAL SERVICES LLP |
Inactive for e-filing
|
16.0 Cr | 2 | sh |
| SUPAMA FINANCIAL SERVICES LIMITED |
Active
|
25.0 Cr | 2 | Maharashtra |
| RSBL BUILDERS LLP |
Active
|
1.0 L | 1 | Maharashtra |
| AINITI SERVICES PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| RSBL DIA JEWELS PRIVATE LIMITED | Maharashtra | 2013 | ₹ 10.0 L |
| SUPAMA COMMODITIES LIMITED | Maharashtra | 2005 | ₹ 77.0 L |
| Riddisiddhi Bullions DMCC (Dubai) | United Arab Emirates | - | - |
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The incorporation date of RIDDISIDDHI BULLIONS LIMITED is 09 December, 1994
The authorized share capital of RIDDISIDDHI BULLIONS LIMITED is INR ₹ 42.0 Cr.
The paid-up capital of RIDDISIDDHI BULLIONS LIMITED is INR ₹ 11.7 Cr.
The registered address of RIDDISIDDHI BULLIONS LIMITED is 5/ABC, Floor- 5th, 122, Trishala CHS Shaikh Memon Street, Zaveri Bazar, Kalba, devi, Mumbai City, Mumbai, Maharashtra, India, 400002 - 400002
The CIN number of RIDDISIDDHI BULLIONS LIMITED is U36912MH1994PLC083644.