About Rajasthan Shram Sarathi Association
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Rajasthan Shram Sarathi Association is a private not for profit company based in Udaipur, Rajasthan, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 21 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U91990RJ2007NPL024871. Its GSTIN is 08AADCR7267C1ZB (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rahul Nirupam Duggal and Jitendra Jain.
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 39 Krishna Colony Bedla Road, Udaipur, Rajasthan, India – 313004.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.04 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹2.5 Cr (net margin -61.9%) and EBITDA of -₹2.13 Cr (EBITDA margin -52.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 3% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shram Sarathi. As per MCA filings, the company has open charges of ₹8.08 Cr and satisfied charges of ₹17.03 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shramsarathi.org.
Company details
Contact details
Rajasthan Shram Sarathi Association's registered office is in Udaipur, Rajasthan. Its website is shramsarathi.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address39 Krishna Colony Bedla Road, Udaipur, Rajasthan, India – 313004
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Rajasthan Shram Sarathi Association, 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
Brands
Rajasthan Shram Sarathi Association operates one associated brand: Shram Sarathi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services are provided for migrant workers in India, focusing on savings and credit inclusion. | shramsarathi.org |
Business activity
The main business activity of Rajasthan Shram Sarathi Association is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Rajasthan Shram Sarathi Association, buy the company report.
Financials of Rajasthan Shram Sarathi Association
FY 2025 filings availableRajasthan Shram Sarathi Association reported revenue of ₹4.04 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 202% 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 | -₹2.13 Cr | ||||
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| Net Profit (PAT) | -₹2.5 Cr | ||||
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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 | -52.8% | ||||
| Net Profit Margin | -61.9% | ||||
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To see the full financial statements and ratios of Rajasthan Shram Sarathi Association, buy the company report.
Board of directors of Rajasthan Shram Sarathi Association
Rajasthan Shram Sarathi Association has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Nirupam Duggal | Director | 21 Aug 2007 | 19 Years 2 Months | Current |
| Jitendra Jain | Director | 21 Aug 2007 | 19 Years 2 Months | Current |
| Jayshree Ashwinkumar Vyas Also directs: Sewa Trade Facilitation Centre, Lakshya Trustee Private Limited | Director | 03 Jul 2015 | 11 Years 3 Months | Current |
| Rajiv Khandelwal Also directs: Shabad Dhun Foundation | Director | 21 Aug 2007 | 19 Years 2 Months | Current |
| Preeti Sahai | Director | 15 Apr 2010 | 16 Years 6 Months | Current |
| Errol Peter Dsouza Also directs: Cmcvellore Foundation | Director | 03 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Rajasthan Shram Sarathi Association is audited by C L OSTWAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C L OSTWAL & CO | FY 2019 | 002850C |
Shareholding
The shareholding of Rajasthan Shram Sarathi Association is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rajasthan Shram Sarathi Association, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2025 | 101146909 | Others | ₹2 Cr | Open | |
| 15 Mar 2024 | 100917122 | Others | ₹5 Cr | Open | |
| 27 Mar 2023 | 100706659 | Others | ₹1.08 Cr | Open | |
| 16 Jul 2021 | 100464999 | Others | ₹1.5 Cr | Satisfied | |
| 04 Mar 2020 | 100330183 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Rajasthan Shram Sarathi Association, buy the company report.
Total charge records: 18 View all charges
Legal cases
No court or tribunal cases involving Rajasthan Shram Sarathi Association 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 Rajasthan Shram Sarathi Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rajasthan Shram Sarathi Association has a workforce of 26 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Rajasthan Shram Sarathi Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCR7267C1ZB | Rajasthan | Active | 02 Apr 2018 |
To see the full GST registrations and return filing status of Rajasthan Shram Sarathi Association, buy the company report.
Recent activity
Rajasthan Shram Sarathi Association has 13 board changes on record since 2007: 8 appointments and 5 cessations. The latest: Ajay Kumar Sharma was appointed as Director on 19 Dec 2025.
39 earlier events are in the company report.
Frequently asked questions
Rajasthan Shram Sarathi Association is an active private not for profit company based in Udaipur, Rajasthan, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 21 August 2007 (19+ years old) and is registered under CIN U91990RJ2007NPL024871.
Rajasthan Shram Sarathi Association has 7 current directors:
- Rahul Nirupam Duggal - Director
- Jitendra Jain - Director
- Jayshree Ashwinkumar Vyas - Director
- Rajiv Khandelwal - Director
- Preeti Sahai - Director
- Errol Peter Dsouza - Director
- Ajay Kumar Sharma - Director
The latest financial statements of Rajasthan Shram Sarathi Association 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 Shram Sarathi Association is 08AADCR7267C1ZB, registered in Rajasthan.
The CIN (Corporate Identification Number) of Rajasthan Shram Sarathi Association is U91990RJ2007NPL024871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajasthan Shram Sarathi Association was incorporated on 21 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Jaipur.
Ajay Kumar Sharma was appointed as Director on 19 Dec 2025. Jai Pal Singh Kaushik ceased to be Director on 29 Sep 2025. Errol Peter Dsouza was appointed as Director on 03 Jul 2015. Rajasthan Shram Sarathi Association has 13 board changes on record in total.
Rajasthan Shram Sarathi Association can be reached through the website shramsarathi.org. Its registered office is in Udaipur, Rajasthan, India.
The registered office of Rajasthan Shram Sarathi Association is at 39 Krishna Colony Bedla Road, Udaipur, Rajasthan, India – 313004.
Rajasthan Shram Sarathi Association operates in the financial services industry, in the microfinance institutions segment.
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