Ruia Rayons Private Limited
About Ruia Rayons Private Limited
Data last updated:
Ruia Rayons Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 March 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1997PTC106371. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.97 Cr. It was led by directors including Nikitesh Prakash Kambikar and Pradeep Nathulal Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 2 Anant Wadi Vidya Bhavanbhuleshwar Kalbhadevi Rd, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2023, the company reported a revenue of ₹54.94 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹32.14 Lakh (net margin 58.5%) and EBITDA of ₹32.14 Lakh (EBITDA margin 58.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 154% over five years.
As per MCA filings, the company had satisfied charges of ₹55.45 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹9.4 Cr; the latest was in March 2019. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Red Boat Design Private Limited with revenue of ₹55.2 Lakh.
Company details
Contact details
Ruia Rayons Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Anant Wadi Vidya Bhavanbhuleshwar Kalbhadevi Rd, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ruia Rayons 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 Ruia Rayons Private Limited
FY 2023 filings availableRuia Rayons Private Limited reported revenue of ₹54.94 Lakh (up 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 154% over five years, including 13% growth in the latest year. EBITDA rose 103% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.94 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.14 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.5% | ||||
| Net Profit Margin | 58.5% | ||||
| 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 Ruia Rayons Private Limited, buy the company report.
Board of directors of Ruia Rayons Private Limited
Ruia Rayons 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 |
|---|---|---|---|---|
| Nikitesh Prakash Kambikar | Director | 06 Oct 2023 | 3 Years 0 Months | As last reported |
| Pradeep Nathulal Sharma | Director | 04 Oct 2013 | 13 Years 0 Months | As last reported |
| Nidhi Kirti Bhatt | Director | 10 Mar 2023 | 3 Years 7 Months | As last reported |
Peer comparison
Ruia Rayons Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Red Boat Design Private Limited | ₹55.2 Lakh (FY 2025) | 64.0% | Bhubaneswar, Odisha, India | |||
| Tiwari Apparel Brands Private Limited | ₹55.2 Lakh (FY 2024) | -23.0% | New Delhi, Delhi, India | |||
| Harlalka Silk Mills Private Limited | ₹55.1 Lakh (FY 2019) | -45.0% | Mumbai, Maharashtra, India | |||
| Anil Kadmawala Private Limited | ₹54.97 Lakh (FY 2025) | -95.0% | Surat, Gujarat, India | |||
| Hyvolt Non Ferrous Private Limited | ₹54.95 Lakh (FY 2025) | 11.0% | Delhi, India | |||
| Ruia Rayons Private Limitedthis company | ₹54.94 Lakh (FY 2023) | ₹32.14 Lakh | 58.5% | 13.0% | Mumbai, Maharashtra, India | |
| N.Aditya Hallmarking and Refinery Private Limited | ₹54.94 Lakh (FY 2025) | -11.0% | Kolkata, West Bengal, India | |||
| Devi Karunambigai Textile Mills Private Limited | ₹54.86 Lakh (FY 2024) | -3.0% | Coimbatore, Tamil Nadu, India | |||
| Aaditya Fabware Private Limited | ₹54.85 Lakh (FY 2025) | -15.0% | Howrah, West Bengal, India | |||
| Saroj Creation Private Limited | ₹54.81 Lakh (FY 2025) | -42.0% | Delhi, India | |||
| Faridabad Knitwear Private Limited | ₹54.79 Lakh (FY 2022) | Old Faridabad, Haryana, India |
To see the full peer comparison of Ruia Rayons Private Limited, buy the company report.
Auditor
Ruia Rayons Private Limited is audited by SGCO & CO LLP. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGCO & CO LLP. | FY 2023 | 112081W/W100184 |
Shareholding
The shareholding of Ruia Rayons Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ruia Rayons Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2015 | 10558806 | State Bank of India | ₹19.4 Cr | Satisfied | |
| 31 Mar 2012 | 10357327 | State Bank of India | ₹16.65 Cr | Satisfied | |
| 23 Dec 1997 | 90142068 | State Bank of India | ₹19.4 Cr | Satisfied |
To see the full charge records of Ruia Rayons Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Ruia Rayons Private Limited has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹9.4 Cr; the latest was in March 2019.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Swadist Sweets Pvt Ltd , Maliram Chaudhary HUF, Surendra Kumar Choudhary HUF |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Rajesh R Ruia HUF, 3 individuals Seller: Divine Vanijya Private Limited |
| Oct 2012 | Funding round | ₹3.68 Cr | Investors: Divine Vanijya Private Limited |
| Aug 2011 | Funding round | ₹1.96 Cr | Investors: Astute Advisors Private Limited , Shree Tex Industries, Melaila Resorts Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Viveklene Industries Private Limited , 3 individuals Seller: Ram Niranjan N Ruia HUF, N B Ruia HUF, 2 individuals |
To see the full deal history of Ruia Rayons Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ruia Rayons Private Limited has 1 court case on record: 1 filed by Ruia Rayons. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Jyotsna Industries Pvt Ltd | Pending |
To see the full case history of Ruia Rayons 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 Ruia Rayons Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ruia Rayons has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ruia Rayons Private Limited, buy the company report.
Recent activity
Ruia Rayons Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Nikitesh Prakash Kambikar ceased to be Additional Director on 26 Mar 2024.
6 earlier events are in the company report.
Frequently asked questions
Ruia Rayons has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ruia Rayons was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 06 March 1997 and is registered under CIN U17110MH1997PTC106371. The company has been struck off by the Registrar of Companies and is no longer operational.
Ruia Rayons had 3 directors:
- Nikitesh Prakash Kambikar - Director
- Pradeep Nathulal Sharma - Director
- Nidhi Kirti Bhatt - Director
The CIN (Corporate Identification Number) of Ruia Rayons is U17110MH1997PTC106371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ruia Rayons is at 2 Anant Wadi Vidya Bhavanbhuleshwar Kalbhadevi Rd, Mumbai, Maharashtra, India – 400002.
Ruia Rayons was incorporated on 06 March 1997. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Ruia Rayons on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Ruia Rayons has 2 GST registrations on record and all of them are cancelled or inactive.
Ruia Rayons operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
Ruia Rayons has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹9.4 Cr; the latest was in March 2019.
The peers of Ruia Rayons by revenue are Red Boat Design Private Limited, Tiwari Apparel Brands Private Limited, Harlalka Silk Mills Private Limited, Anil Kadmawala Private Limited, Hyvolt Non Ferrous Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
