Rama Synthetics Limited
About Rama Synthetics Limited
Data last updated:
Rama Synthetics Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 23 April 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1985PLC036014. Its GSTIN is 27AAACK1660M1ZF (Maharashtra).
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹2.74 Cr. It is led by directors including Rachna Harish Bulchandani and Diwakar Sadhu Shetty.
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 9 Industry Houseplot No 4 Marwah Estate Andheri (E), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2020, the company reported a revenue of ₹19.92 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹2.8 Lakh (net margin 14.1%) and EBITDA of -₹5.58 Lakh (EBITDA margin -28%).
As per MCA filings, the company has open charges of ₹1.75 Cr on record. Court records list 54 cases involving the company, including 23 filed by the company and 31 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rama Synthetics Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9 Industry Houseplot No 4 Marwah Estate Andheri (E), Mumbai, Maharashtra, India – 400072
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Rama Synthetics 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 Rama Synthetics is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
Financials of Rama Synthetics Limited
FY 2025 filings availableRama Synthetics Limited reported revenue of ₹19.92 Lakh (down 58% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.92 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.8 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -28% | ||||
| Net Profit Margin | 14.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Rama Synthetics Limited, buy the company report.
Board of directors of Rama Synthetics Limited
Rama Synthetics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachna Harish Bulchandani Also directs: Ankit Yarns Limited, Sterling Commercials Limited, Issuka Properties Private Limited and 5 more | Director | 12 Aug 2022 | 4 Years 2 Months | Current |
| Diwakar Sadhu Shetty Also directs: Ankit Yarns Limited, Sterling Commercials Limited, Vivilon Textile Industries Pvt Ltd and 5 more | Additional Director | 02 Jan 2020 | 6 Years 10 Months | Current |
| Suresh Danomal Hotwani | Additional Director | 02 Dec 2022 | 3 Years 11 Months | Current |
Auditor
Rama Synthetics Limited is audited by P K KARWA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K KARWA & CO | FY 2019 | 132562W |
Shareholding
The shareholding of Rama Synthetics Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rama Synthetics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 1991 | 90221855 | Canara Bank | ₹25 Lakh | Open | |
| 13 Jul 1990 | 90221784 | Canara Bank | ₹50 Lakh | Open | |
| 14 Mar 1990 | 90221737 | Canara Bank | ₹10 Lakh | Open | |
| 06 Mar 1990 | 90221731 | Canara Bank | ₹15 Lakh | Open | |
| 08 Dec 1989 | 90221681 | Canara Bank | ₹25 Lakh | Open |
Total charge records: 6 View all charges
Legal cases
Rama Synthetics Limited has 54 court cases on record: 23 filed by Rama Synthetics, 31 filed against it. 2 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 26 | 1 |
| High courts | 6 | 4 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Marshal Textiles Pvt. Ltd. | Disposed |
| District court, South, Delhi | Criminal case | Filed by the company against Krystal Knitwear Ltd. Ors | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Beralia Roadlines Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Associated Road Carriers Ltd. | Disposed |
| District court, Nagpur, Maharashtra | Commercial suit | Filed by the company against Oriental Insurance Compnay Ltd. | Pending |
To see the full case history of Rama Synthetics 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 Rama Synthetics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rama Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK1660M1ZF | Maharashtra | Active | 01 Feb 2019 |
To see the full GST registrations and return filing status of Rama Synthetics Limited, buy the company report.
Recent activity
Rama Synthetics Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Suresh Danomal Hotwani was appointed as Additional Director on 02 Dec 2022.
5 earlier events are in the company report.
Frequently asked questions
Rama Synthetics is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 23 April 1985 (41+ years old) and is registered under CIN U17110MH1985PLC036014.
Rama Synthetics has 3 current directors:
- Rachna Harish Bulchandani - Director
- Diwakar Sadhu Shetty - Additional Director
- Suresh Danomal Hotwani - Additional Director
The latest financial statements of Rama Synthetics 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 Rama Synthetics is 27AAACK1660M1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rama Synthetics is U17110MH1985PLC036014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rama Synthetics has 54 court cases on record: 23 filed by the company and 31 filed against it. 2 are pending. Most are in the district courts.
Rama Synthetics was incorporated on 23 April 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Suresh Danomal Hotwani was appointed as Additional Director on 02 Dec 2022. Rachna Harish Bulchandani was appointed as Director on 12 Aug 2022. Rajeevkumar Daulatram Gupta ceased to be Director on 04 Jan 2020. Rama Synthetics has 8 board changes on record in total.
The registered office of Rama Synthetics is at 9 Industry Houseplot No 4 Marwah Estate Andheri E, Mumbai, Maharashtra, India – 400072.
Rama Synthetics operates in the home and lifestyle industry, in the textile retail and distribution segment.
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