Rajasthan Polytex Private Limited

Rajasthan Polytex Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17110GJ1988PTC010622 Incorporated 26 April 1988 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹8.86 Cr
▼ 9% YoY
Net profit · FY 2024
₹6.76 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹1.25 Cr
EBITDA margin 14.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹13.62 Cr
Satisfied ₹8 Cr
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings

About Rajasthan Polytex Private Limited

Data last updated:

Rajasthan Polytex Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 April 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1988PTC010622. Its GSTIN is 24AABCR1206R1ZD (Gujarat).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Rajesh Silk Mills Pvt Ltd. It is led by directors Madan Mohan Periwal and Priyeshkumar Madanmohan Periwal.

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 372 GIDC – Pandesara, Surat, Gujarat, India – 394221.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.86 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.76 Lakh (net margin 0.8%) and EBITDA of ₹1.25 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 2% over five years.

The company is associated with 1 brand: Ripple Neuro. As per MCA filings, the company has open charges of ₹13.62 Cr and satisfied charges of ₹8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Rajasthan Polytex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0079064). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17110GJ1988PTC010622
Registration Number 010622
Incorporation Date 26 April 1988
ROC Ahmedabad
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-GJ-22-0079064
Key People
Madan Mohan Periwal Director Priyeshkumar Madanmohan Periwal Director

Recognitions & Rankings of Rajasthan Polytex

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0079064

Contact details

Rajasthan Polytex Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    372 GIDC – Pandesara, Surat, Gujarat, India – 394221
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Rajasthan Polytex Private Limited, buy the company report.

Comprehensive company report
Rajasthan Polytex 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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Brands

Rajasthan Polytex operates one associated brand: Ripple Neuro. Each brand links to its own profile.

BrandDescriptionWebsite
Ripple Neuro
Custom neuroscience tools and electrophysiology equipment are developed.rippleneuro.com

Business activity

The main business activity of Rajasthan Polytex is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Rajasthan Polytex Private Limited, buy the company report.

Financials of Rajasthan Polytex Private Limited

FY 2025 filings available

Rajasthan Polytex Private Limited reported revenue of ₹8.86 Cr (down 9% YoY) for FY 2024.

Revenue · FY 2024
₹8.86 Cr ▼ 9%
Net profit · FY 2024
₹6.76 Lakh margin 0.8%
EBITDA · FY 2024
₹1.25 Cr margin 14.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 26%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 14%
5 years · compounded
▼ 3%

Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 6% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.76 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin14.1%
Net Profit Margin0.8%
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 Rajasthan Polytex Private Limited, buy the company report.

Board of directors of Rajasthan Polytex Private Limited

Rajasthan Polytex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Madan Mohan PeriwalDirector06 Dec 199332 Years 10 MonthsCurrent
Priyeshkumar Madanmohan PeriwalDirector01 Oct 201115 Years 1 MonthsCurrent
View all directors

Peer comparison

Rajasthan Polytex Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Suvidhi Enterprises Private Limited₹8.9 Cr (FY 2025)-9.0%Mumbai, Maharashtra, India
Jagdamba Prints Pvt Ltd₹8.86 Cr (FY 2024)-28.0%Surat, Gujarat, India
Rajasthan Polytex Private Limitedthis company₹8.86 Cr (FY 2024)₹6.76 Lakh0.8%-9.0%Surat, Gujarat, India
Kunal Clothing Private Limited₹8.85 Cr (FY 2024)5.0%Salem, Tamil Nadu, India
Rajdin Apparels Private Limited₹8.84 Cr (FY 2018)-64.0%Bangalore, Karnataka, India
R N Kulkarni and Sons Textiles Private Limited₹8.84 Cr (FY 2022)-11.0%Ichalkaranji, Maharashtra, India

To see the full peer comparison of Rajasthan Polytex Private Limited, buy the company report.

Auditor

Rajasthan Polytex Private Limited is audited by S K KABRA AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S K KABRA AND COMPANYFY 2023104508W

Shareholding

The shareholding of Rajasthan Polytex 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Rajasthan Polytex Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.62 Cr
Satisfied charges
₹8 Cr
Breakdown by lending institutions
Others₹11.57 Cr
Vijaya Bank₹2.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Jan 2022100530627Others₹40 LakhOpen
09 Jun 2020100439404Others₹83 LakhOpen
14 Feb 2017100080490Others₹5.34 CrOpen
19 Jan 2017100080502Others₹5 CrOpen
19 Jan 2017100080509Vijaya Bank₹2.05 CrOpen

To see the full charge records of Rajasthan Polytex Private Limited, buy the company report.

Total charge records: 11 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Rajasthan Polytex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Rajasthan Polytex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCR1206R1ZDGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Rajasthan Polytex Private Limited, buy the company report.

Recent activity

Rajasthan Polytex Private Limited has 4 board changes on record since 1993: 2 appointments and 2 cessations. The latest: Harshvardhan M Periwal ceased to be Director on 31 Mar 2021.

AGM
Rajasthan Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rajasthan Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 16 May 2020 via Charge ID 100439408 with Others was fully satisfied on 29 Feb 2024.
Charges
A charge registered on 19 Jan 2017 via Charge ID 100080501 with Vijaya Bank was fully satisfied on 29 Feb 2024.
Charges
A charge with Others of Rs. 5.34 Cr registered on 14 Feb 2017 with Charge ID 100080490 was modified on 17 Jan 2022.
Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100530627 was registered on 06 Jan 2022.
Charges
A charge with Others of Rs. 5.00 Cr registered on 19 Jan 2017 with Charge ID 100080502 was modified on 23 Jul 2021.
Ceased
Harshvardhan M Periwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.83 Cr with Charge ID 100439404 was registered on 09 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100439408 was registered on 16 May 2020.
Ceased
Ramadevi Periwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 5.34 Cr with Charge ID 100080490 was registered on 14 Feb 2017.

17 earlier events are in the company report.

Frequently asked questions

Rajasthan Polytex is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 April 1988 (38+ years old) and is registered under CIN U17110GJ1988PTC010622.

Rajasthan Polytex has 2 current directors:

The latest financial statements of Rajasthan Polytex 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 Rajasthan Polytex is 24AABCR1206R1ZD, registered in Gujarat.

The CIN (Corporate Identification Number) of Rajasthan Polytex is U17110GJ1988PTC010622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rajasthan Polytex has 1 court case on record: 1 filed by the company.

Rajasthan Polytex was incorporated on 26 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Rajasthan Polytex by revenue are Suvidhi Enterprises Private Limited, Jagdamba Prints Pvt Ltd, Kunal Clothing Private Limited, Rajdin Apparels Private Limited, R N Kulkarni and Sons Textiles Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Harshvardhan M Periwal ceased to be Director on 31 Mar 2021. Ramadevi Periwal ceased to be Director on 02 Sep 2019. Priyeshkumar Madanmohan Periwal was appointed as Director on 01 Oct 2011. Rajasthan Polytex has 4 board changes on record in total.

Yes, Rajasthan Polytex is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0079064).

The registered office of Rajasthan Polytex is at 372 GIDC – Pandesara, Surat, Gujarat, India – 394221.