India's Richest People 2026 edition · 1 director · Source: Hurun India
- #437 Rakesh Ramanlal Shah & family ₹8,200 Cr
Revenue · FY 2025
₹61.14 Cr
Latest filing
Net profit · FY 2025
₹18.92 Cr
Net margin 30.9%
EBITDA · FY 2025
-₹15.37 Cr
EBITDA margin -25.1%
Open charges
₹25.57 Cr
Secured borrowings
Company age
53 yrs
Est. 1973
Employees · EPFO
102
Provident fund records
Directors on board
32
As per MCA filings
Active GSTINs
1
of 2 registered
About Rajpath Club Limited
Data last updated:
Rajpath Club Limited is a public limited guarantee & association company based in Ahmedabad, Gujarat, India. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 14 December 1973 and has been in existence for over 53 years.
Its director Rakesh Ramanlal Shah and family are #437 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U92410GJ1973GAP002446. Its GSTIN is 24AAACR7379A1ZJ (Gujarat). The company holds 2 GST registrations, of which 1 is active.
It is led by directors including Mukesh Vasantlal Ghia and Mihir Subodhbhai Shah.
Its last annual general meeting (AGM) was held on 05 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.14 Cr. For the same year it recorded a net profit of ₹18.92 Cr (net margin 30.9%) and EBITDA of -₹15.37 Cr (EBITDA margin -25.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 12% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rajpath Club. As per MCA filings, the company has open charges of ₹25.57 Cr on record. Court records list 56 cases involving the company, including 10 filed by the company and 46 filed against it; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajpathclub.com.
Company details
CIN U92410GJ1973GAP002446
Registration Number 002446
Incorporation Date 14 December 1973
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
Key People
Mukesh Vasantlal Ghia Director Mihir Subodhbhai Shah Director Ashesh Manvendrabhai Patel Director Recognitions & Rankings of Rajpath Club
Contact details
Rajpath Club Limited's registered office is in Ahmedabad, Gujarat. Its website is rajpathclub.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSarkhej – Gandhinagar Highway, Bodakdev, Ahmedabad, Gujarat, India – 380059
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Rajpath Club Limited, buy the company report.
Comprehensive company report
Rajpath Club 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
Rajpath Club operates one associated brand: Rajpath Club. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hospitality services encompassing dining, events, and recreational activities at a club. | rajpathclub.com |
Financials of Rajpath Club Limited
FY 2026 filings availableRajpath Club Limited reported revenue of ₹61.14 Cr for FY 2025.
Revenue · FY 2025
₹61.14 Cr
Net profit · FY 2025
₹18.92 Cr margin 30.9%
EBITDA · FY 2025
-₹15.37 Cr margin -25.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 35%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹61.14 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.92 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.1% | ||||
| Net Profit Margin | 30.9% | ||||
| 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 Rajpath Club Limited, buy the company report.
Board of directors of Rajpath Club Limited
Rajpath Club has 32 current directors and 57 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Vasantlal Ghia | Director | 31 Aug 2024 | 2 Years 2 Months | Current |
| Mihir Subodhbhai Shah | Director | 05 Nov 2020 | 6 Years 0 Months | Current |
| Ashesh Manvendrabhai Patel | Director | 05 Nov 2020 | 6 Years 0 Months | Current |
| Fenil Ramesh Chandra Shah Also directs: Sanblue Corporation Limited | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Pradeepbhai Gordhanbhai Patel | Additional Director | 16 Nov 2019 | 6 Years 11 Months | Current |
| Rakesh Shah Ramanlal Also directs: Reevanta Buildcon LLP, Vistaraheights Realities LLP, New Paradise Infraventure LLP and 5 more | Director | 22 Aug 2025 | 1 Years 2 Months | Current |
Showing 6 of 32 current directors. View all directors
Auditor
Rajpath Club Limited is audited by J M PARIKH & ASSOCIATES for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M PARIKH & ASSOCIATES | FY 2025 | 118007W |
Shareholding
The shareholding of Rajpath Club Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Rajpath Club Limited, buy the company report.
Charges & borrowings
Open charges
₹25.57 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2026 | 101244515 | State Bank of India | ₹25.57 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Rajpath Club Limited has 56 court cases on record: 10 filed by Rajpath Club, 46 filed against it. 14 cases are pending and 42 are disposed.
Total cases
56
Filed by the company
10
Filed against the company
46
Pending
14
Disposed
42
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 28 | 10 |
| High courts | 23 | 15 | 4 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Novex Communications Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Phonographic Performance Limited | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed by the company against Commissioner of Central Excise and Service Tax Ahmedabad | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (SPCS) | Filed against the company by individuals | Pending |
To see the full case history of Rajpath Club 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 Rajpath Club Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rajpath Club Limited has a workforce of 102 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
102
Active EPFO establishments
1
Employee growth
7.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 102 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Rajpath Club Limited, buy the company report.
GST
Rajpath Club has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR7379A1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajpath Club Limited, buy the company report.
Recent activity
Rajpath Club Limited has 89 board changes on record since 2003: 32 appointments and 57 cessations. The latest: Devendra Manubhai Patel was appointed as Director on 22 Aug 2025.
AGM
Rajpath Club Limited last Annual general meeting of members was held on 05 Aug 2026 as per latest MCA records.
Filing
Rajpath Club Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 255,700,000.00 with Charge ID 101244515 was registered on 07 Feb 2026.
Appointed
Devendra Manubhai Patel was appointed as Director.
Appointed
Dhruv Narendrabhai Patel was appointed as Director.
Appointed
Rakesh Shah Ramanlal was appointed as Director.
Ceased
Raxeshbhai Chandravadan Satia ceased to be Director.
Ceased
Dilipbhai Mahendrabhai Patel ceased to be Director.
Ceased
Dharamshibhai Maljibhai Desai ceased to be Additional Director.
Ceased
Mukesh Kantilal Patel ceased to be Director.
Appointed
Mukesh Vasantlal Ghia was appointed as Director.
Appointed
Chintan Pravinkumar Patel was appointed as Director.
81 earlier events are in the company report.
Frequently asked questions
Rajpath Club is an active public limited guarantee & association based in Ahmedabad, Gujarat, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 14 December 1973 (53+ years old) and is registered under CIN U92410GJ1973GAP002446.
Rajpath Club has 32 current directors:
- Mukesh Vasantlal Ghia - Director
- Mihir Subodhbhai Shah - Director
- Ashesh Manvendrabhai Patel - Director
- Fenil Ramesh Chandra Shah - Director
- Pradeepbhai Gordhanbhai Patel - Additional Director
- Rakesh Shah Ramanlal - Director
- Anil Maneklal Shah - Director
- Bipin Naranbhai Patel - Director
- Kandarp Krishnakant Amin - Director
- Manoj Rohitbhai Patel - Director
- Kirankumar Ravjibhai Vasani - Director
- Chintan Pravinkumar Patel - Director
- Pragjibhai Gobarbhai Kakadia - Director
- Manishkumar Devendrakumar Shah - Director
- Rupesh Arvindbhai Bhagat - Additional Director
- Sunil Chandulal Patel - Director
- Raxitkumar Sureshbhai Patel - Director
- Katharthjay Chandrakant Shukla - Director
- Jigishkumar Maheshbhai Shah - Director
- Rajiv Arvindbhai Shah - Director
- Varun Naginbhai Patel - Director
- Banshi Damodarlal Saboo - Director
- Vikrambhai Kantilal Shah - Director
- Paresh Surendra Dasondi - Director
- Shilpa Manish Agarwal - Director
- Jagdishchandra Bhailalbhai Patel - Director
- Dharmik Arvindbhai Patel - Director
- Mishal Ileshkumar Patel - Director
- Naineshbhai Babaldas Patel - Director
- Dhruv Narendrabhai Patel - Director
- Sanjaybhai Babubhai Shah - Director
- Devendra Manubhai Patel - Director
The latest financial statements of Rajpath Club on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 05 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Rajpath Club is 24AAACR7379A1ZJ, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rajpath Club is U92410GJ1973GAP002446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajpath Club has 56 court cases on record: 10 filed by the company and 46 filed against it. 14 are pending. Most are in the district courts.
Rajpath Club was incorporated on 14 December 1973, making it 53+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Devendra Manubhai Patel was appointed as Director on 22 Aug 2025. Dhruv Narendrabhai Patel was appointed as Director on 22 Aug 2025. Rakesh Shah Ramanlal was appointed as Director on 22 Aug 2025. Rajpath Club has 89 board changes on record in total.
Rajpath Club can be reached through the website rajpathclub.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Rajpath Club is at Sarkhej – Gandhinagar Highway, Bodakdev, Ahmedabad, Gujarat, India – 380059.
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