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RITSPIN SYNTHETICS LIMITED
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Updated: 19 Apr 2025
Ritspin Synthetics Limited, is an unlisted public company incorporated on 07 December, 1994. It is classified as a public limited company and is located in Dhar, Madhya Pradesh. It's authorized share capital is INR 60.00 cr and the total paid-up capital is INR 47.93 cr.
Ritspin Synthetics Limited's operating revenue range is INR 1 cr - 100 cr for the financial year ending on 31 March, 2021.
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Industry and products
Manufacture of textiles
- organic cotton yarns, cotton spinning yarn, colored cotton yarns, Cotton yarns, natural yarns etc.
Company size
₹ 60.0 Cr
₹ 47.9 Cr
₹ 25-50 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores. Based on March 2024 numbers.
Total Revenue
7.05%
7.05%
EBITDA
-
Net Profit
-
Networth
-
Borrowings
-14.84%
-14.84%
Assets
-1.97%
-1.97%
Gross Margin
2.7
2.7
Operating Margin
29.78
29.78
Net Profit Margin
30.15
30.15
Return on Equity
-
ROCE
-13.85
-13.85
Debt to Equity
0.15
0.15
Sales
Mar 2024
Net worth
Mar 2024
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Locations
India
(2)
| State | Type | Address |
|---|
Locations on Map
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Balesh Kumar Bagree | 00015771 | 12 years |
| Director | Manish Kumar
Shareholder
|
00121900 | 31 years |
| Kmp | Bhagwan Singh Suryawanshi | <HIDDEN> | 9 years |
| Additional Director | Bhagwan Singh Suryawanshi | 08607877 | 5 years |
Financial Highlights
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Operating profit | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
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| Networth | |||||
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| Days payable | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| WC days | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
Margins
Gross margin
Operating margin
Net margin
Balance Sheet
₹
%
Financials upto March 2024 available in Tofler Pro
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
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Total assets
Charges on assets
Bank wise
Charges
1
Allahabad Bank
No. of Loans: 1
Total Amount : 317.8 cr
2
ALLAHABAD BANK KOLKATA MAIN BRANCH
No. of Loans: 2
Total Amount : 228.3 cr
3
WEARIT GLOBAL LIMITED
No. of Loans: 3
Total Amount : 47.5 cr
Charges
Allahabad Bank
ALLAHABAD BANK KOLKATA MAIN BRANCH
WEARIT GLOBAL LIMITED
Company Network
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details
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| HIND SYNTEX LTD. |
Active
|
12.7 Cr | 1 | Madhya Pradesh |
| SPBP HOLDINGS PVT LTD |
Active
|
25.0 L | 1 | West Bengal |
| FRESCO EARTH PRODUCTS PRIVATE LIMITED |
Strike Off
|
5.0 L | 1 | West Bengal |
| DHANTERASH SALE PRIVATE LIMITED |
Active
|
83.5 L | 1 | West Bengal |
| SPBP INVESTMENTS PRIVATE LIMITED |
Active
|
22.2 L | 1 | West Bengal |
| WEARIT GLOBAL LIMITED |
Under Liquidation
|
22.8 Cr | 1 | |
| ARYAVRAT TRADING PRIVATE LIMITED |
Active
|
1.2 Cr | 1 | West Bengal |
Tofler Score
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Risk
Severe Risk
- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is
dependent on three key factors - Sustainability, Governance, and Growth.
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Registered Details
CIN
U17124MP1994PLC008839PAN
AAACR8303EIncorporation
1994, 30.6 yearsCompany Email
compliance@wearitgroup.comPaid up Capital
₹ 47.9 CrAuthorised Capital
₹ 60.0 CrAGM
Sep 2023Type
Public
Non-government Company
FAQ - RITSPIN SYNTHETICS LIMITED
What is the incorporation date of RITSPIN SYNTHETICS LIMITED?
The incorporation date of RITSPIN SYNTHETICS LIMITED is 07 December, 1994
What is the authorized share capital of RITSPIN SYNTHETICS LIMITED?
The authorized share capital of RITSPIN SYNTHETICS LIMITED is INR ₹ 60.0 Cr.
What is the paid-up capital of RITSPIN SYNTHETICS LIMITED?
The paid-up capital of RITSPIN SYNTHETICS LIMITED is INR ₹ 47.9 Cr.
What is the registered address of RITSPIN SYNTHETICS LIMITED?
The registered address of RITSPIN SYNTHETICS LIMITED is PLOT NO- 2 KHEDA INDUSTRIALGROWTH CENTRE Pithampur III Dhar Dhar Madhya Pradesh - 454774
What is the CIN number of RITSPIN SYNTHETICS LIMITED?
The CIN number of RITSPIN SYNTHETICS LIMITED is U17124MP1994PLC008839.
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