About Rajgor Proteins Limited
Data last updated:
Rajgor Proteins Limited is a public limited company based in Daskroi, Gujarat, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 25 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20293GJ2000PLC037426. Its GSTIN is 24AACCP4286E1ZJ (Gujarat).
The company has an authorised share capital of ₹37 Cr and a paid-up capital of ₹26.94 Cr. It was formerly known as Rajgor Proteins Private Limited and Parth Prakashan Private Limited. It is led by directors including Zenishaben Rajgor (Managing Director) and Rahulkumar Vasantlal Rajgor (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Daskroi, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,640.19 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹16.14 Cr (net margin 1%) and EBITDA of ₹51.82 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 187% over five years.
The company has about 95 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rajgor Proteins Limited. As per MCA filings, the company has open charges of ₹259.42 Cr and satisfied charges of ₹35 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending. The company has 9 deals on record (5 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹42.72 Cr; the latest was in March 2024. Its 10 peer companies in the Food and Beverages industry (Edible Oils, Health and Organic Foods, Spices) are compared by revenue, 5 larger and 5 smaller; the largest is Tirumalla Oil Refinery Private Limited with revenue of ₹1,776.57 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devgreens.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHouse – 4 Arista @ Eight Corporate House, B/H Satyam House Rajpath Club Road, Daskroi, Gujarat, India – 380059
- IndustryFood and Beverages, Edible Oils & Cooking Fats, Spice Manufacturing & Distribution, Organic & Health Foods
- 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
- One PDF report, delivered after checkout
Business Activity of Rajgor Proteins Limited
The main business activities of Rajgor Proteins are trade and manufacturing. In detail, this covers wholesale trading and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rajgor Proteins Limited FY 2024 filings available
Rajgor Proteins Limited reported revenue of ₹1,640.19 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rajgor Proteins Limited
Revenue has grown at a compounded annual rate (CAGR) of 187% over five years, including 31% growth in the latest year. EBITDA rose 40% 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 of Rajgor Proteins Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹51.82 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.14 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 of Rajgor Proteins Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rajgor Proteins are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rajgor Proteins Limited
Rajgor Proteins Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Edible Oils, Health and Organic Foods, Spices). Its own revenue is ₹1,640.19 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tirumalla Oil Refinery Private Limited | ₹1,776.57 Cr | •••• | •••• | •••• | 356 | Panvel, Maharashtra, India |
| Aak India Private Limited | ₹1,744.63 Cr | •••• | •••• | •••• | - | Thane West, Maharashtra, India |
| KN Agri Resources Limited | ₹1,728.7 Cr | •••• | •••• | •••• | 70 | Raipur, Chattisgarh, India |
| Shree Ganesh Edibles Private Limited | ₹1,702.88 Cr | •••• | •••• | •••• | 95 | Khanna, Punjab, India |
| Sri Ramana Solvex Private Limited | ₹1,671.54 Cr | •••• | •••• | •••• | - | Mahaboobnagar, Telangana, India |
| Rajgor Proteins Limited this company | ₹1,640.19 Cr | •••• | •••• | •••• | - | Daskroi, Gujarat, India |
| Sresth Products Pvt Ltd | ₹1,636.48 Cr | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Dhanraj Solvex Private Limited | ₹1,606.53 Cr | •••• | •••• | •••• | 25 | Latur, Maharashtra, India |
| Sanjay Soya Private Limited | ₹1,596.13 Cr | •••• | •••• | •••• | 64 | Mumbai, Maharashtra, India |
| Kumar Agro Tech Private Limited | ₹1,583.67 Cr | •••• | •••• | •••• | 23 | Chennai, Tamil Nadu, India |
| Khandelia Oil and General Mills Private Limited | ₹1,536.32 Cr | •••• | •••• | •••• | 170 | U T, Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Rajgor Proteins by revenue in the Food and Beverages industry (Edible Oils, Health and Organic Foods, Spices), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.
Auditor Details of Rajgor Proteins Limited
Rajgor Proteins Limited is audited by MAAK & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAAK & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rajgor Proteins Limited
Rajgor Proteins has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahulkumar Vasantlal Rajgor Also directs: Shree Kshetrapal Agro Resources Private Limited, Exaoil Refinery Limited, Koovey Oleo Science Private Limited and 2 more | Whole-Time Director | 26 Dec 2020 | 5 Years 9 Months | Current |
| Zenishaben Rajgor | Managing Director | 22 May 2020 | 6 Years 4 Months | Current |
| Mayank Agarwal | Director | 08 Aug 2022 | 4 Years 1 Months | Current |
| Kiranben Rajgor | Director | 19 Aug 2021 | 5 Years 1 Months | Current |
| Himali Maheshbhai Thakkar | Additional Director | 14 Apr 2025 | 1 Years 5 Months | Current |
Ownership and Shareholding of Rajgor Proteins Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rajgor Proteins Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2025 | Sbicap Trustee Company Limited | ₹150 Cr | Open |
| 07 Jul 2025 | Others | ₹6 Cr | Open |
| 22 Apr 2025 | Others | ₹8 Cr | Open |
| 30 Oct 2024 | Hdfc Bank Limited | ₹42 Lakh | Open |
| 25 Apr 2024 | Idbi Bank Limited | ₹3.5 Cr | Open |
Total charge records: 14 View all charges
Deals & Funding of Rajgor Proteins Limited
Rajgor Proteins Limited has 9 deals on record (5 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹42.72 Cr; the latest was in March 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2021 | Funding round | ₹29.28 Cr | Investors: 4 individuals |
| Oct 2021 | Funding round | ₹13.44 Cr | Investors: Sufal Investment, Ansu Investment, 2 individuals |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Rajgor Proteins Limited
Rajgor Proteins Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by Cochin Petromins Pvt Ltd | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Arthmate Financing India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S.63 Ideas Infolabs Pvt.Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S.63Ideas Infolabs Pvt. Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S.63Ideas Infolabs Pvt. Ltd | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Rajgor Proteins Limited
Rajgor Proteins operates one associated brand: Rajgor Proteins Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and trading of edible and non-edible oils and derivatives in India. | devgreens.com |
Employees and EPFO Compliance at Rajgor Proteins Limited
Rajgor Proteins Limited has a workforce of 95 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Rajgor Proteins Limited
Rajgor Proteins has undergone 3 name changes throughout its history. The company was previously known as Rajgor Proteins Private Limited, Parth Prakashan Private Limited, and Rajgor Castor Private Limited. The current legal name is Rajgor Proteins Limited.
| Company Name | Status |
|---|---|
| Rajgor Proteins Limited | Current |
| Rajgor Proteins Private Limited | Previous |
| Parth Prakashan Private Limited | Previous |
| Rajgor Castor Private Limited | Previous |
CIN History of Rajgor Proteins Limited
Rajgor Proteins has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20293GJ2000PLC037426, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20293GJ2000PLC037426 | Current |
| U99999GJ2000PTC037426 | Previous |
| U24100GJ2000PLC037426 | Previous |
| U24100GJ2000PTC037426 | Previous |
Recent Activity on Rajgor Proteins Limited
Rajgor Proteins Limited has 18 board changes on record since 2017: 5 appointments and 13 cessations. The latest: Himali Maheshbhai Thakkar was appointed as Additional Director on 14 Apr 2025.
33 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rajgor Proteins Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rajgor Proteins Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rajgor Proteins Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rajgor Proteins Limited
Rajgor Proteins has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCP4286E1ZJ | Gujarat | Active | 20 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rajgor Proteins Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rajgor Proteins Limited
Rajgor Proteins is an active public limited company based in Daskroi, Gujarat, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 25 February 2000 (26+ years old) and is registered under CIN U20293GJ2000PLC037426.
Rajgor Proteins reported revenue of ₹1,640.19 Cr for FY 2025 (up 31% YoY).
Rajgor Proteins has 5 current directors:
- Zenishaben Rajgor - Managing Director
- Rahulkumar Vasantlal Rajgor - Whole-Time Director
- Mayank Agarwal - Director
- Kiranben Rajgor - Director
- Himali Maheshbhai Thakkar - Additional Director
Rajgor Proteins reported a net profit of ₹16.14 Cr (net margin 1%) and EBITDA of ₹51.82 Cr (EBITDA margin 3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rajgor Proteins is 35% over three years and 187% over five years. In the latest year (FY 2025) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rajgor Proteins is 24AACCP4286E1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Rajgor Proteins is U20293GJ2000PLC037426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajgor Proteins has 7 court cases on record: 7 filed against it. 1 is pending.
Rajgor Proteins was incorporated on 25 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajgor Proteins has 9 deals on record (5 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹42.72 Cr; the latest was in March 2024.
The peers of Rajgor Proteins by revenue are Tirumalla Oil Refinery Private Limited, Aak India Private Limited, KN Agri Resources Limited, Shree Ganesh Edibles Private Limited, Sri Ramana Solvex Private Limited and 5 more, all in the Food and Beverages industry (Edible Oils, Health and Organic Foods, Spices).