- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0048842

Ragmet Engineers Private Limited
About Ragmet Engineers Private Limited
Data last updated:
Ragmet Engineers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 04 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1995PTC093275. Its GSTIN is 27AAACR3069F2ZF (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors Sujatha Raghavan and Vijayaraghavan Varahachari.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.53 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹29,122 (net margin 5.3%) and EBITDA of ₹2.85 Lakh (EBITDA margin 51.5%). Revenue has declined at a compounded annual rate (CAGR) of 45% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹48.97 Cr on record. Court records list 61 cases involving the company, including 3 filed by the company and 58 filed against it; 14 cases are pending.
Ragmet Engineers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0048842). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Ragmet Engineers
Contact details
Ragmet Engineers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8/101 Siddhivinayak Co – Op Industrial Premises Jogani Industrial Estate Sion Chunabhatt, I Rd Sion, Mumbai, Maharashtra, India – 400022
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ragmet Engineers 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 Ragmet Engineers is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Ragmet Engineers Private Limited, buy the company report.
Financials of Ragmet Engineers Private Limited
FY 2025 filings availableRagmet Engineers Private Limited reported revenue of ₹5.53 Lakh (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 98% fall in the latest year. EBITDA fell 85% 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 | ₹2.85 Lakh | ||||
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| Net Profit (PAT) | ₹29,122 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 51.5% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Ragmet Engineers Private Limited, buy the company report.
Board of directors of Ragmet Engineers Private Limited
Ragmet Engineers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujatha Raghavan | Director | 04 Oct 1995 | 31 Years 0 Months | Current |
| Vijayaraghavan Varahachari Also directs: Sairag JV LLP | Director | 04 Oct 1995 | 31 Years 0 Months | Current |
Auditor
Ragmet Engineers Private Limited is audited by HEMANT & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMANT & CO | FY 2021 | 103630W |
Shareholding
The shareholding of Ragmet Engineers 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ragmet Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2011 | 10293054 | Indian Bank | ₹2 Cr | Satisfied | |
| 12 Jun 2010 | 10230970 | Indian Bank | ₹1 Cr | Satisfied | |
| 03 Jun 2010 | 10228504 | Indian Bank | ₹49.75 Lakh | Satisfied | |
| 10 Feb 2010 | 10201825 | Indian Bank | ₹82 Lakh | Satisfied | |
| 28 Nov 2009 | 10194996 | Invent Assets Securitisation and Reconstruction Private Limited | ₹18.37 Cr | Satisfied |
To see the full charge records of Ragmet Engineers Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Ragmet Engineers Private Limited has 61 court cases on record: 3 filed by Ragmet Engineers, 58 filed against it. 14 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 57 | 54 | 12 |
| High courts | 4 | 4 | 2 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Megatech Construction and Engineers Pvt Ltd Through Manauwar Alam | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| Bombay High Court | Court case (CHS) | Filed against the company by Magma Fincorp Ltd. | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S Shriram City Union Finance Ltd THR Vijay T Kokare | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Invent Assets Securitisation and Reconstruction Pvt Ltd Th Ritika Jain | Disposed |
To see the full case history of Ragmet Engineers 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 Ragmet Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ragmet Engineers Private Limited has a workforce of 71 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Ragmet Engineers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR3069F2ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ragmet Engineers Private Limited, buy the company report.
Recent activity
Ragmet Engineers Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Sujatha Raghavan was appointed as Director on 04 Oct 1995.
19 earlier events are in the company report.
Frequently asked questions
Ragmet Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 04 October 1995 (31+ years old) and is registered under CIN U74210MH1995PTC093275.
Ragmet Engineers has 2 current directors:
- Sujatha Raghavan - Director
- Vijayaraghavan Varahachari - Director
The latest financial statements of Ragmet Engineers 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.
The GSTIN of Ragmet Engineers is 27AAACR3069F2ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ragmet Engineers is U74210MH1995PTC093275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ragmet Engineers has 61 court cases on record: 3 filed by the company and 58 filed against it. 14 are pending. Most are in the district courts.
Ragmet Engineers was incorporated on 04 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Sujatha Raghavan was appointed as Director on 04 Oct 1995. Vijayaraghavan Varahachari was appointed as Director on 04 Oct 1995.
Yes, Ragmet Engineers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0048842).
The registered office of Ragmet Engineers is at 8101 Siddhivinayak Co – Op Industrial Premises Jogani Industrial Estate Sion Chunabhatt, I Rd Sion, Mumbai, Maharashtra, India – 400022.