Ready Mix Concrete Limited
About Ready Mix Concrete Limited
Data last updated:
Ready Mix Concrete Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 17 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26956MH1996PLC098884. Its GSTIN is 24AACCR2563G2ZK (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.75 Lakh. It was formerly known as Ready Mix Concrete Private Limited. It is led by directors including Ashok Jethabhai Patel and Tarak Ashok Patel.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Churchgate House 4th Floor32 – 34 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.98 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹27.26 Lakh (net margin 9.1%) and EBITDA of ₹1.83 Cr (EBITDA margin 61.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹23 Cr and satisfied charges of ₹6.04 Cr on record. Court records list 141 cases involving the company, including 90 filed by the company and 51 filed against it; 23 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ready Mix Concrete has one previous CIN (Corporate Identification Number): L26956MH1996PLC098884. The current CIN is U26956MH1996PLC098884, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26956MH1996PLC098884 | Current |
| L26956MH1996PLC098884 | Previous |
Contact details
Ready Mix Concrete Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressChurchgate House 4th Floor32 – 34 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Ready Mix Concrete 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 Ready Mix Concrete is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
Financials of Ready Mix Concrete Limited
FY 2025 filings availableReady Mix Concrete Limited reported revenue of ₹2.98 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 8% growth in the latest year. EBITDA fell 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.83 Cr | ||||
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| Net Profit (PAT) | ₹27.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 61.3% | ||||
| Net Profit Margin | 9.1% | ||||
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To see the full financial statements and ratios of Ready Mix Concrete Limited, buy the company report.
Board of directors of Ready Mix Concrete Limited
Ready Mix Concrete has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Jethabhai Patel Also directs: GMM Pfaudler Limited, Skyline Millars Limited, Millars Machinery Co Pvt Limited and 2 more | Director | 17 Apr 1996 | 30 Years 6 Months | Current |
| Tarak Ashok Patel Also directs: GMM Pfaudler Limited, Millars Machinery Co Pvt Limited, Millars Concrete Technologies Private Limited and 3 more | Director | 24 Aug 2002 | 24 Years 2 Months | Current |
| Urmi Ashok Patel Also directs: Millars Machinery Co Pvt Limited, Millars Concrete Technologies Private Limited, Uttarak Enterprises Pvt Ltd and 1 more | Director | 28 Feb 2017 | 9 Years 7 Months | Current |
| Payal Tarak Patel Also directs: Millars Machinery Co Pvt Limited, Millars Concrete Technologies Private Limited, Uttarak Enterprises Pvt Ltd and 2 more | Director | 02 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Ready Mix Concrete Limited is audited by RMJ & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RMJ & ASSOCIATES LLP | FY 2023 | W100281 |
Shareholding
The shareholding of Ready Mix Concrete Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ready Mix Concrete Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2023 | 100851488 | Others | ₹23 Cr | Open | |
| 31 Oct 2015 | 10611312 | Icici Bank Limited | ₹4.04 Cr | Satisfied | |
| 24 Jan 2013 | 10412316 | State Bank of India | ₹2 Cr | Satisfied |
To see the full charge records of Ready Mix Concrete Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ready Mix Concrete Limited has 141 court cases on record: 90 filed by Ready Mix Concrete, 51 filed against it. 23 cases are pending and 118 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 110 | 36 | 20 |
| High courts | 29 | 14 | 3 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 141)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Criminal case | Filed by the company against K M Elias Constructions Private Ltd Rep by Managing Director K M Elias | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S. Pawanputra Buildcon Pvt Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Private Limited | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by M/S. Pawanputra Buildcon Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Acc Limited | Disposed |
To see the full case history of Ready Mix Concrete Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ready Mix Concrete Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ready Mix Concrete has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCR2563G2ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ready Mix Concrete Limited, buy the company report.
Recent activity
Ready Mix Concrete Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Payal Tarak Patel ceased to be Additional Director on 30 Nov 2021.
3 earlier events are in the company report.
Frequently asked questions
Ready Mix Concrete is an active public limited company based in Mumbai, Maharashtra, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 17 April 1996 (30+ years old) and is registered under CIN U26956MH1996PLC098884.
Ready Mix Concrete has 4 current directors:
- Ashok Jethabhai Patel - Director
- Tarak Ashok Patel - Director
- Urmi Ashok Patel - Director
- Payal Tarak Patel - Director
The latest financial statements of Ready Mix Concrete on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ready Mix Concrete is 24AACCR2563G2ZK, 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 Ready Mix Concrete is U26956MH1996PLC098884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ready Mix Concrete has 141 court cases on record: 90 filed by the company and 51 filed against it. 23 are pending. Most are in the district courts.
Ready Mix Concrete was incorporated on 17 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Payal Tarak Patel ceased to be Additional Director on 30 Nov 2021. Payal Tarak Patel was appointed as Director on 02 Sep 2021. Urmi Ashok Patel ceased to be Additional Director on 29 Sep 2017. Ready Mix Concrete has 7 board changes on record in total.
The registered office of Ready Mix Concrete is at Churchgate House 4th Floor32 – 34 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001.
Ready Mix Concrete operates in the manufacturing industry, in the cement and cement products segment.