MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-MH-26-0077205
Rashmi Heaters Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.01 Cr
▲ 24% YoY
Net profit · FY 2025
₹2.25 Cr
Net margin 14.1%
EBITDA · FY 2025
₹3.47 Cr
EBITDA margin 21.7%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Satisfied charges
₹1.1 Cr
No open charges
Company age
36 yrs
Est. 1990
Employees · EPFO
30
Provident fund records
About Rashmi Heaters Private Limited
Data last updated:
Rashmi Heaters Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 31 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29305PN1990PTC055277. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Manish Suryakant Bhatevara and Mandar Pramod Parkhi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No.118/1 Dhanore Tal – Khed Dist – Pune, Maharashtra, India – 412105.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.01 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Cr (net margin 14.1%) and EBITDA of ₹3.47 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 17% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.1 Cr on record. Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it; 3 cases are pending.
Rashmi Heaters Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0077205). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rashmiheaters.com.
Company details
CIN U29305PN1990PTC055277
Registration Number 055277
Incorporation Date 31 January 1990
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0077205
CIN history
Rashmi Heaters has one previous CIN (Corporate Identification Number): U29305MH1990PTC055277. The current CIN is U29305PN1990PTC055277, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29305PN1990PTC055277 | Current |
| U29305MH1990PTC055277 | Previous |
Key People
Manish Suryakant Bhatevara Director Mandar Pramod Parkhi Director Rosy Suryakant Bhatevara Director Recognitions & Rankings of Rashmi Heaters
Contact details
Rashmi Heaters Private Limited's registered office is in Pune, Maharashtra. Its website is rashmiheaters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat No.118/1 Dhanore Tal – Khed Dist – Pune, Maharashtra, India – 412105
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Rashmi Heaters Private Limited, buy the company report.
Comprehensive company report
Rashmi Heaters Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Rashmi Heaters is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Rashmi Heaters Private Limited, buy the company report.
Financials of Rashmi Heaters Private Limited
FY 2025 filings availableRashmi Heaters Private Limited reported revenue of ₹16.01 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹16.01 Cr ▲ 24%
Net profit · FY 2025
₹2.25 Cr margin 14.1%
EBITDA · FY 2025
₹3.47 Cr margin 21.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 21%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 10%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 24% growth in the latest year. EBITDA fell 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.47 Cr | ||||
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| Net Profit (PAT) | ₹2.25 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 14.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rashmi Heaters Private Limited, buy the company report.
Board of directors of Rashmi Heaters Private Limited
Rashmi Heaters has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Suryakant Bhatevara | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
| Mandar Pramod Parkhi | Director | 17 Apr 2019 | 7 Years 6 Months | Current |
| Rosy Suryakant Bhatevara | Director | 01 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Rashmi Heaters Private Limited is audited by T S PATKI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T S PATKI & CO | FY 2021 | 123968W |
Shareholding
The shareholding of Rashmi Heaters Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rashmi Heaters Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2012 | 10378821 | The Cosmos Co-Operative Bank Ltd | ₹30 Lakh | Satisfied | |
| 04 Jul 2012 | 10366545 | The Cosmos Co-Operative Bank Ltd | ₹30 Lakh | Satisfied | |
| 05 Jan 2007 | 10038152 | Centurion Bank of Punjab Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Rashmi Heaters Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Rashmi Heaters Private Limited has 13 court cases on record: 11 filed by Rashmi Heaters, 2 filed against it. 3 cases are pending and 10 are disposed.
Total cases
13
Filed by the company
11
Filed against the company
2
Pending
3
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 2 | 3 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Racold Thermo Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Cascade Electro Thermics Pvt.Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S B.B.Paper Recycling Company and 3 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
To see the full case history of Rashmi Heaters Private 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 Rashmi Heaters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rashmi Heaters Private Limited has a workforce of 30 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
11.11%
GST
Rashmi Heaters has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Rashmi Heaters Private Limited, buy the company report.
Recent activity
Rashmi Heaters Private Limited has 9 board changes on record since 2009: 4 appointments and 5 cessations. The latest: Rosy Suryakant Bhatevara was appointed as Director on 01 Jan 2025.
AGM
Rashmi Heaters Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rashmi Heaters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Rosy Suryakant Bhatevara was appointed as Director.
Charges
A charge registered on 14 Sep 2012 via Charge ID 10378821 with The Cosmos Co-Operative Bank Ltd was fully satisfied on 03 May 2021.
Charges
A charge registered on 04 Jul 2012 via Charge ID 10366545 with The Cosmos Co-Operative Bank Ltd was fully satisfied on 03 May 2021.
Ceased
Mandar Pramod Parkhi ceased to be Additional Director.
Ceased
Manish Suryakant Bhatevara ceased to be Additional Director.
Appointed
Mandar Pramod Parkhi was appointed as Director.
Ceased
Nanda Pramod Parkhi ceased to be Director.
Ceased
Vimal Suryakant Bhatevara ceased to be Director.
Appointed
Manish Suryakant Bhatevara was appointed as Director.
Charges
A charge with The Cosmos Co-Operative Bank Ltd amounted to Rs. 30.00 Lakh with Charge ID 10378821 was registered on 14 Sep 2012.
6 earlier events are in the company report.
Frequently asked questions
Rashmi Heaters is an active private limited company based in Pune, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 31 January 1990 (36+ years old) and is registered under CIN U29305PN1990PTC055277.
Rashmi Heaters has 3 current directors:
- Manish Suryakant Bhatevara - Director
- Mandar Pramod Parkhi - Director
- Rosy Suryakant Bhatevara - Director
The latest financial statements of Rashmi Heaters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Rashmi Heaters has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rashmi Heaters is U29305PN1990PTC055277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rashmi Heaters has 13 court cases on record: 11 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Rashmi Heaters was incorporated on 31 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.
Rosy Suryakant Bhatevara was appointed as Director on 01 Jan 2025. Mandar Pramod Parkhi ceased to be Additional Director on 30 Sep 2019. Manish Suryakant Bhatevara ceased to be Additional Director on 30 Sep 2019. Rashmi Heaters has 9 board changes on record in total.
Yes, Rashmi Heaters is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0077205).
Rashmi Heaters can be reached through the website rashmiheaters.com. Its registered office is in Pune, Maharashtra, India.