Sheth Rasayan Private Limited
About Sheth Rasayan Private Limited
Data last updated:
Sheth Rasayan Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 30 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1994PTC024023.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.5 Lakh. It is led by directors Arunbhai Manubhai Shah and Bhavesh Indravadan Shah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 1006 Sakar 5 Opp Asram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2022, the company reported a revenue of ₹12,176, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹2,335 (net margin -19.2%) and EBITDA of -₹2,335 (EBITDA margin -19.2%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 49% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sheth Rasayan has one previous CIN (Corporate Identification Number): U24231GJ1994PLC024023. The current CIN is U24231GJ1994PTC024023, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231GJ1994PTC024023 | Current |
| U24231GJ1994PLC024023 | Previous |
Contact details
Sheth Rasayan Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1006 Sakar 5 Opp Asram Road, Ahmedabad, Gujarat, India – 380009
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Sheth Rasayan 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
Business activity
The main business activity of Sheth Rasayan is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sheth Rasayan Private Limited, buy the company report.
Financials of Sheth Rasayan Private Limited
FY 2022 filings availableSheth Rasayan Private Limited reported revenue of ₹12,176 (down 79% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 79% fall in the latest year. EBITDA fell 170% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12,176 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹2,335 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2,335 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.2% | ||||
| Net Profit Margin | -19.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sheth Rasayan Private Limited, buy the company report.
Board of directors of Sheth Rasayan Private Limited
Sheth Rasayan has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunbhai Manubhai Shah Also directs: Signor Fashions Private Limited, Bright Intermediates Private Limited, Kirasha Technologies Private Limited and 5 more | Director | 09 Jul 2022 | 4 Years 3 Months | Current |
| Bhavesh Indravadan Shah Also directs: Signor Fashions Private Limited, Bright Intermediates Private Limited, Kirasha Technologies Private Limited and 5 more | Director | 09 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Sheth Rasayan Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Gurgaon Bazaar Private Limited | ₹12,226 (FY 2024) | 34.0% | New Delhi, Delhi, India | |||
| Spaco Engineering Exports Private Limited | ₹12,210 (FY 2019) | -62.0% | Mumbai, Maharashtra, India | |||
| Multiple Contrade International Private Limited | ₹12,209 (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Bhawarawali Star Build-Up Advisors Private Limited | ₹12,200 (FY 2023) | 44.0% | Jaipur, Rajasthan, India | |||
| Ashirvad Distributors Private Limited | ₹12,200 (FY 2016) | Guwahati, Assam, India | ||||
| Sheth Rasayan Private Limitedthis company | ₹12,176 (FY 2022) | -₹2,335 | -19.2% | -79.0% | Ahmedabad, Gujarat, India | |
| Vatsa Marketing & Retail Private Limited | ₹12,134 (FY 2021) | -98.0% | Mangalore, Karnataka, India | |||
| Giva Pharmaceuticals Private Limited | ₹12,120 (FY 2020) | Sultanpur, Uttar Pradesh, India | ||||
| Arna Multipliers Private Limited | ₹12,112 (FY 2018) | Navi Mumbai, Maharashtra, India | ||||
| Bonai Metaliks Private Limited | ₹12,100 (FY 2016) | 3.0% | Kolkata, West Bengal, India | |||
| Eklavya Merchandise Private Limited | ₹12,100 (FY 2016) | 3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sheth Rasayan Private Limited, buy the company report.
Shareholding
The shareholding of Sheth Rasayan 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 Sheth Rasayan Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sheth Rasayan 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 Sheth Rasayan Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sheth Rasayan Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sheth Rasayan Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Dharmendrasinh Harisinh Jhala ceased to be Director on 22 Jul 2022.
2 earlier events are in the company report.
Frequently asked questions
Sheth Rasayan is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 30 December 1994 (32+ years old) and is registered under CIN U24231GJ1994PTC024023.
Sheth Rasayan has 2 current directors:
- Arunbhai Manubhai Shah - Director
- Bhavesh Indravadan Shah - Director
The latest financial statements of Sheth Rasayan on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sheth Rasayan is U24231GJ1994PTC024023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Rasayan was incorporated on 30 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sheth Rasayan by revenue are Gurgaon Bazaar Private Limited, Spaco Engineering Exports Private Limited, Multiple Contrade International Private Limited, Bhawarawali Star Build-Up Advisors Private Limited, Ashirvad Distributors Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Dharmendrasinh Harisinh Jhala ceased to be Director on 22 Jul 2022. Kajal Hetal Shah ceased to be Director on 22 Jul 2022. Parul Shah ceased to be Director on 22 Jul 2022. Sheth Rasayan has 11 board changes on record in total.
The registered office of Sheth Rasayan is at 1006 Sakar 5 Opp Asram Road, Ahmedabad, Gujarat, India – 380009.
Sheth Rasayan operates in the trading industry, in the wholesale segment.
The compliance status of Sheth Rasayan is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.
Sheth Rasayan can be reached at its registered office: 1006 Sakar 5 Opp Asram Road, Ahmedabad, Gujarat, India – 380009.