Ragona Lubricant Technology Private Limited
About Ragona Lubricant Technology Private Limited
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Ragona Lubricant Technology Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 26 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23100GJ1998PTC034310. Its GSTIN is 24AABCR0233J1ZS (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors Champaben Gordhanbhai Nasit and Rajulkumar Nasit Gordhanbhai.
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 34 Chitrakut Bunglownehru Park Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.25 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹3.31 Lakh (net margin -4.6%) and EBITDA of ₹60,281 (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ragona Lubricant Technology Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address34 Chitrakut Bunglownehru Park Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Ragona Lubricant Technology 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 Ragona Lubricant Technology is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ragona Lubricant Technology Private Limited, buy the company report.
Financials of Ragona Lubricant Technology Private Limited
FY 2025 filings availableRagona Lubricant Technology Private Limited reported revenue of ₹71.25 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 95% 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 | ₹60,281 | ||||
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| Net Profit (PAT) | -₹3.31 Lakh | ||||
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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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| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | -4.6% | ||||
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To see the full financial statements and ratios of Ragona Lubricant Technology Private Limited, buy the company report.
Board of directors of Ragona Lubricant Technology Private Limited
Ragona Lubricant Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Champaben Gordhanbhai Nasit | Director | 14 Mar 2002 | 24 Years 7 Months | Current |
| Rajulkumar Nasit Gordhanbhai | Director | 26 Jun 1998 | 28 Years 4 Months | Current |
Peer comparison
Ragona Lubricant Technology Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Petrochemicals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ragona Lubricant Technology Private Limitedthis company | ₹71.25 Lakh (FY 2025) | -₹3.31 Lakh | -4.6% | -8.0% | Ahmedabad, Gujarat, India | |
| Original Fuel System Private Limited | ₹70.63 Lakh (FY 2025) | 104.0% | Ahmedabad, Gujarat, India | |||
| Abm Fuels Private Limited | ₹70.05 Lakh (FY 2021) | -11.0% | Sirsa, Haryana, India | |||
| JKM Logistics Private Limited | ₹70 Lakh (FY 2016) | -30.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ragona Lubricant Technology Private Limited, buy the company report.
Auditor
Ragona Lubricant Technology Private Limited is audited by KISHOR PADHIYAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KISHOR PADHIYAR & ASSOCIATES | FY 2020 | 149352W |
Shareholding
The shareholding of Ragona Lubricant Technology Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ragona Lubricant Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ragona Lubricant Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ragona Lubricant Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ragona Lubricant Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCR0233J1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ragona Lubricant Technology Private Limited, buy the company report.
Recent activity
Ragona Lubricant Technology Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Champaben Gordhanbhai Nasit was appointed as Director on 14 Mar 2002.
Frequently asked questions
Ragona Lubricant Technology is an active private limited company based in Ahmedabad, Gujarat, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 26 June 1998 (28+ years old) and is registered under CIN U23100GJ1998PTC034310.
Ragona Lubricant Technology has 2 current directors:
- Champaben Gordhanbhai Nasit - Director
- Rajulkumar Nasit Gordhanbhai - Director
The latest financial statements of Ragona Lubricant Technology 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 Ragona Lubricant Technology is 24AABCR0233J1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Ragona Lubricant Technology is U23100GJ1998PTC034310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ragona Lubricant Technology was incorporated on 26 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ragona Lubricant Technology by revenue are Original Fuel System Private Limited, Abm Fuels Private Limited, JKM Logistics Private Limited, all in the Chemicals industry (Petrochemicals), with the same principal business activity (wholesale trading).
Champaben Gordhanbhai Nasit was appointed as Director on 14 Mar 2002. Rajulkumar Nasit Gordhanbhai was appointed as Director on 26 Jun 1998.
The registered office of Ragona Lubricant Technology is at 34 Chitrakut Bunglownehru Park Vastrapur, Ahmedabad, Gujarat, India – 380015.
Ragona Lubricant Technology operates in the chemicals and materials industry, in the petrochemicals and derivatives segment.
The compliance status of Ragona Lubricant Technology is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.
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