Rajlaxmi Polymers Private Limited
About Rajlaxmi Polymers Private Limited
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Rajlaxmi Polymers Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 27 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U54940GJ1992PTC017188. Its GSTIN is 24AABCR1210M1ZR (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5.2 Lakh. It was formerly known as Ralka Trade Housing Pvt Ltd. It is led by directors including Rakeshkumar Mahendrabhai Desai and Balvantkumar Jivabhai Patel.
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 5024 World Trade Centre Near Udhna Darwaja Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.83 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹11.92 Lakh (net margin 0.6%) and EBITDA of ₹44.35 Lakh (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹90 Lakh on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rajlaxmi Polymers Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5024 World Trade Centre Near Udhna Darwaja Ring Road, Surat, Gujarat, India – 395002
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Rajlaxmi Polymers 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 Rajlaxmi Polymers 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 Rajlaxmi Polymers Private Limited, buy the company report.
Financials of Rajlaxmi Polymers Private Limited
FY 2025 filings availableRajlaxmi Polymers Private Limited reported revenue of ₹18.83 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 8% fall in the latest year. EBITDA fell 39% 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 | ₹44.35 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹11.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rajlaxmi Polymers Private Limited, buy the company report.
Board of directors of Rajlaxmi Polymers Private Limited
Rajlaxmi Polymers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakeshkumar Mahendrabhai Desai Also directs: Aasaan Capital Private Limited | Director | 01 Apr 2007 | 19 Years 7 Months | Current |
| Balvantkumar Jivabhai Patel Also directs: Aasaan Capital Private Limited | Director | 01 Apr 2007 | 19 Years 7 Months | Current |
| Dipaben Balvantbhai Patel | Director | 01 Apr 2007 | 19 Years 7 Months | Current |
| Roopalben Rakeshkumar Desai | Director | 01 Apr 2007 | 19 Years 7 Months | Current |
Peer comparison
Rajlaxmi Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Polymers), 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 |
|---|---|---|---|---|---|---|
| Degenai Private Limited | ₹18.91 Cr (FY 2025) | 65.0% | Kolkata, West Bengal, India | |||
| Milind Polychem Private Limited | ₹18.84 Cr (FY 2024) | -1.0% | New Delhi, Delhi, India | |||
| Rajlaxmi Polymers Private Limitedthis company | ₹18.83 Cr (FY 2025) | ₹11.92 Lakh | 0.6% | -8.0% | Surat, Gujarat, India | |
| C. D. S. Polymers Private Limited | ₹18.81 Cr (FY 2024) | 13.0% | Delhi, India |
To see the full peer comparison of Rajlaxmi Polymers Private Limited, buy the company report.
Auditor
Rajlaxmi Polymers Private Limited is audited by HEMA MEHTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMA MEHTA & ASSOCIATES | FY 2023 | 116783W |
Shareholding
The shareholding of Rajlaxmi Polymers 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rajlaxmi Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2025 | 101201283 | Others | ₹90 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Rajlaxmi Polymers Private Limited has 7 court cases on record: 1 filed by Rajlaxmi Polymers, 6 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 3 | 3 | 1 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Almor Chem Ltd. and 4 others | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (CR RA) | Filed against the company by an individual | Disposed |
To see the full case history of Rajlaxmi Polymers Private 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
Rajlaxmi Polymers Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 18 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rsa Industries Private Limited | |||
| Ran Chemicals Private Limited | |||
| Khanna and Khanna Limited | |||
| Laxminarain Vishmbharnath |
To see the full MSME payment records of Rajlaxmi Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Rajlaxmi Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCR1210M1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajlaxmi Polymers Private Limited, buy the company report.
Recent activity
Rajlaxmi Polymers Private Limited has 6 board changes on record since 2007: 4 appointments and 2 cessations. The latest: Dipaben Balvantbhai Patel ceased to be Additional Director on 30 Sep 2007.
Frequently asked questions
Rajlaxmi Polymers is an active private limited company based in Surat, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 27 February 1992 (34+ years old) and is registered under CIN U54940GJ1992PTC017188.
Rajlaxmi Polymers has 4 current directors:
- Rakeshkumar Mahendrabhai Desai - Director
- Balvantkumar Jivabhai Patel - Director
- Dipaben Balvantbhai Patel - Director
- Roopalben Rakeshkumar Desai - Director
The latest financial statements of Rajlaxmi Polymers 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 Rajlaxmi Polymers is 24AABCR1210M1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Rajlaxmi Polymers is U54940GJ1992PTC017188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajlaxmi Polymers has 7 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Rajlaxmi Polymers was incorporated on 27 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rajlaxmi Polymers by revenue are Degenai Private Limited, Milind Polychem Private Limited, C. D. S. Polymers Private Limited, all in the Chemicals industry (Chemical Retail and Distribution, Polymers), with the same principal business activity (wholesale trading).
Dipaben Balvantbhai Patel ceased to be Additional Director on 30 Sep 2007. Roopalben Rakeshkumar Desai ceased to be Additional Director on 30 Sep 2007. Balvantkumar Jivabhai Patel was appointed as Director on 01 Apr 2007. Rajlaxmi Polymers has 6 board changes on record in total.
Rajlaxmi Polymers has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 18 overdue payments to 4 micro and small suppliers. The latest return was filed on 22 Nov 2023.
The registered office of Rajlaxmi Polymers is at 5024 World Trade Centre Near Udhna Darwaja Ring Road, Surat, Gujarat, India – 395002.
Rajlaxmi Polymers operates in the chemicals and materials industry, in the chemical distribution and retail segment.
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