Rahul Sales Limited
About Rahul Sales Limited
Data last updated:
Rahul Sales Limited is a public limited company based in Chandigarh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 10 September 1991.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55109CH1991PLC011625. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹32.5 Cr and a paid-up capital of ₹15.48 Cr. It is led by directors including Sukhchain Kaur and Harwinder Pal Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at SCO 151 – 152 Iind Floor Sector 8 C, Chandigarh, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.01 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.32 Cr (net margin -238.3%) and EBITDA of -₹13.91 Cr (EBITDA margin -231.6%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 57% over five years.
As per MCA filings, the company has open charges of ₹24 Cr and satisfied charges of ₹48.55 Cr on record. Court records list 62 cases involving the company, including 24 filed by the company and 38 filed against it; 10 cases are pending.
Company details
CIN history
Rahul Sales has one previous CIN (Corporate Identification Number): L55109CH1991PLC011625. The current CIN is U55109CH1991PLC011625, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55109CH1991PLC011625 | Current |
| L55109CH1991PLC011625 | Previous |
Contact details
Rahul Sales Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address is in the company report.
- Email
- Registered AddressSCO 151 – 152 Iind Floor Sector 8 C, Chandigarh, India
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Rahul Sales 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 Rahul Sales Limited
FY 2019 filings availableRahul Sales Limited reported revenue of ₹6.01 Cr (up 488% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 488% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 57%. EBITDA rose 77% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.01 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹13.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.32 Cr | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -231.6% | ||||
| Net Profit Margin | -238.3% | ||||
| 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 Rahul Sales Limited, buy the company report.
Board of directors of Rahul Sales Limited
Rahul Sales has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukhchain Kaur | Director | 23 Mar 2017 | 9 Years 7 Months | As last reported |
| Harwinder Pal Singh | Director | 14 Feb 2015 | 11 Years 8 Months | As last reported |
| Vikramjit Also directs: Mehulpro Tech India Private Limited | Additional Director | 14 Jul 2020 | 6 Years 3 Months | As last reported |
| Prem Chand Goyal | Irp/Rp/Liquidator | 05 Dec 2023 | 2 Years 10 Months | As last reported |
Peer comparison
Rahul Sales Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KJMC Capital Market Services Limited | ₹6.05 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Opg Securities Private Limited | ₹6.03 Cr (FY 2024) | -25.0% | Gandhinagar, Gujarat, India | |||
| Adhiraj Quant Consultancy Private Limited | ₹6.02 Cr (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| Monarch Networth Comtrade Limited | ₹6.01 Cr (FY 2018) | 14.0% | Mumbai, Maharashtra, India | |||
| Glamour Sales Private Limited | ₹6.01 Cr (FY 2025) | 428.0% | Kolkata, West Bengal, India | |||
| Rahul Sales Limitedthis company | ₹6.01 Cr (FY 2019) | -₹14.32 Cr | -238.3% | 488.0% | Chandigarh, India | |
| Zaveri Enterprise Private Limited | ₹5.97 Cr (FY 2025) | -63.0% | Ahmedabad, Gujarat, India | |||
| Kalpavraksha Seeds Farmer Producer Company Limited | ₹5.97 Cr (FY 2025) | 351.0% | Renapur, Maharashtra, India | |||
| High Street Accounting Services Private Limited | ₹5.97 Cr (FY 2017) | 491.0% | Mumbai, Maharashtra, India | |||
| GRM Securities Private Limited | ₹5.96 Cr (FY 2025) | -43.0% | Sakltlake, West Bengal, India | |||
| GKCL Stock Broking Private Limited | ₹5.96 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rahul Sales Limited, buy the company report.
Auditor
Rahul Sales Limited is audited by ANU & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANU & ASSOCIATES | FY 2019 | 019624N |
Shareholding
The shareholding of Rahul Sales 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 2018 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rahul Sales Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2000 | 80023270 | State Bank of India | ₹24 Cr | Open | |
| 13 May 2011 | 10288384 | Icici Bank Limited | ₹11 Cr | Satisfied | |
| 04 Nov 2008 | 10127140 | Global Trade Finance Limited | ₹35 Cr | Satisfied | |
| 16 Aug 2008 | 10122895 | State Bank of India | ₹1.75 Cr | Satisfied | |
| 29 Jun 2006 | 10009876 | Sundaram Finance Ltd | ₹31.88 Lakh | Satisfied |
To see the full charge records of Rahul Sales Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Rahul Sales Limited has 62 court cases on record: 24 filed by Rahul Sales, 38 filed against it. 10 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 26 | 7 |
| High courts | 20 | 11 | 3 |
| NCLT | 3 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 62)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Act Infraport Ltd., | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Pec Ltd | Pending |
| District court, Panchkula, Haryana | Civil miscellaneous application | Filed against the company by National Spot Exchange Limited Through Mr. Ramchandra Shintre | Disposed |
| District court, Ambala, Haryana | Civil miscellaneous application | Filed against the company by National Spot Exchange Limited | Disposed |
| District court, Mohali, Punjab | Civil miscellaneous application | Filed against the company by National Spot Exchange Limited | Disposed |
To see the full case history of Rahul Sales 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 Rahul Sales Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rahul Sales has 5 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 Rahul Sales Limited, buy the company report.
Recent activity
Rahul Sales Limited has 15 board changes on record since 2007: 4 appointments and 11 cessations. The latest: Khushvinder Singhal ceased to be Irp/Rp/Liquidator on 05 Dec 2023.
20 earlier events are in the company report.
Frequently asked questions
Rahul Sales is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Rahul Sales is a company under insolvency, formerly operating as a public limited company based in Chandigarh, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 10 September 1991 and is registered under CIN U55109CH1991PLC011625. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rahul Sales has 4 current directors:
- Sukhchain Kaur - Director
- Harwinder Pal Singh - Director
- Vikramjit - Additional Director
- Prem Chand Goyal - Irp/Rp/Liquidator
The latest financial statements of Rahul Sales on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rahul Sales is U55109CH1991PLC011625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rahul Sales has open charges of ₹24 Cr and satisfied charges of ₹48.55 Cr as per latest MCA filings.
Rahul Sales has 62 court cases on record: 24 filed by the company and 38 filed against it. 10 are pending. Most are in the district courts.
Rahul Sales was incorporated on 10 September 1991. It is registered with the Registrar of Companies, Chandigarh.
The peers of Rahul Sales by revenue are KJMC Capital Market Services Limited, Opg Securities Private Limited, Adhiraj Quant Consultancy Private Limited, Monarch Networth Comtrade Limited, Glamour Sales Private Limited and 5 more, all in the BFSI industry (Broking Services).
Khushvinder Singhal ceased to be Irp/Rp/Liquidator on 05 Dec 2023. Prem Chand Goyal was appointed as Irp/Rp/Liquidator on 05 Dec 2023. Rahul Anand ceased to be Managing Director on 14 Jul 2020. Rahul Sales has 15 board changes on record in total.
The registered office of Rahul Sales is at SCO 151 – 152 Iind Floor Sector 8 C, Chandigarh, India.