Ray Apparels Private Limited
About Ray Apparels Private Limited
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Ray Apparels Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 13 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PTC067452. Its GSTIN is 24AAFCR5043N2Z5 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Esha Dipak Dariyani and Deepak Khanchand Daryani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1 Mahalaxmi Complex Gheekanta, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.8 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹2.81 Lakh (net margin -58.5%) and EBITDA of ₹1.11 Lakh (EBITDA margin 23.1%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 53% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ray Apparels Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address1 Mahalaxmi Complex Gheekanta, Ahmedabad, Gujarat, India – 380001
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Ray Apparels 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
Financials of Ray Apparels Private Limited
FY 2021 filings availableRay Apparels Private Limited reported revenue of ₹4.8 Lakh (up 1% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 53%. EBITDA rose 52% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.11 Lakh | ||||
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| Net Profit (PAT) | -₹2.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 23.1% | ||||
| Net Profit Margin | -58.5% | ||||
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To see the full financial statements and ratios of Ray Apparels Private Limited, buy the company report.
Board of directors of Ray Apparels Private Limited
Ray Apparels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Esha Dipak Dariyani | Director | 25 Jul 2020 | 6 Years 3 Months | Current |
| Deepak Khanchand Daryani | Director | 13 Oct 2011 | 15 Years 0 Months | Current |
Peer comparison
Ray Apparels Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jackpot Commercial Private Limited | ₹4.86 Lakh (FY 2025) | -26.0% | Kolkata, West Bengal, India | |||
| Vikas Superfine Garments Private Limited | ₹4.83 Lakh (FY 2022) | -80.0% | New Delhi, Delhi, India | |||
| Brads International Private Limited | ₹4.82 Lakh (FY 2022) | -16.0% | Mumbai, Maharashtra, India | |||
| Ray Apparels Private Limitedthis company | ₹4.8 Lakh (FY 2021) | -₹2.81 Lakh | -58.5% | 1.0% | Ahmedabad, Gujarat, India | |
| TS Fashions Private Limited | ₹4.79 Lakh (FY 2022) | -82.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ray Apparels Private Limited, buy the company report.
Auditor
Ray Apparels Private Limited is audited by A N A M & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N A M & ASSOCIATES | FY 2016 | 005496S |
Shareholding
The shareholding of Ray Apparels Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ray Apparels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ray Apparels 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
No delayed payments to MSME suppliers are on our record for Ray Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ray Apparels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCR5043N2Z5 | Gujarat | Active | 17 Mar 2018 |
To see the full GST registrations and return filing status of Ray Apparels Private Limited, buy the company report.
Recent activity
Ray Apparels Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Khanchand Lachhmandas Daryani ceased to be Director on 27 Jul 2020.
Frequently asked questions
Ray Apparels is an active private limited company based in Ahmedabad, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 13 October 2011 (15+ years old) and is registered under CIN U17120GJ2011PTC067452.
Ray Apparels has 2 current directors:
- Esha Dipak Dariyani - Director
- Deepak Khanchand Daryani - Director
The latest financial statements of Ray Apparels on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Ray Apparels is 24AAFCR5043N2Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ray Apparels is U17120GJ2011PTC067452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ray Apparels was incorporated on 13 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ray Apparels by revenue are Jackpot Commercial Private Limited, Vikas Superfine Garments Private Limited, Brads International Private Limited, TS Fashions Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Khanchand Lachhmandas Daryani ceased to be Director on 27 Jul 2020. Esha Dipak Dariyani was appointed as Director on 25 Jul 2020. Deepak Khanchand Daryani was appointed as Director on 13 Oct 2011.
The registered office of Ray Apparels is at 1 Mahalaxmi Complex Gheekanta, Ahmedabad, Gujarat, India – 380001.
Ray Apparels operates in the fashion and textile industry, in the fashion retail segment.
The compliance status of Ray Apparels is compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.
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