
About Ram Commercial Enterprises Limited
Data last updated:
Ram Commercial Enterprises Limited was a public limited company based in Ludhiana, Punjab, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 11 June 1982.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB1982PLC058926.
The company had an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.54 Cr. It was led by directors including Nidhi Wahi and Sanjeev Pahwa.
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 was at Ludhiana, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹92,753, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Lakh (net margin -184.5%) and EBITDA of -₹2.24 Lakh (EBITDA margin -241.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 18% over five years.
As per MCA filings, the company had satisfied charges of ₹4.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is ralson.com.
Company details
CIN history
Ram Commercial Enterprises has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909PB1982PLC058926, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909PB1982PLC058926 | Current |
| U51909DL1982PLC013850 | Previous |
| L51909DL1982PLC013850 | Previous |
Contact details
Ram Commercial Enterprises Limited's registered office is in Ludhiana, Punjab. Its website is ralson.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRalson Nagar Dhandari Kalan, G. T. Road, Ludhiana, Punjab, India – 141014
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Ram Commercial Enterprises 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
Financials of Ram Commercial Enterprises Limited
FY 2024 filings availableRam Commercial Enterprises Limited reported revenue of ₹92,753 (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 28% fall 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹2.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.71 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -241.9% | ||||
| Net Profit Margin | -184.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ram Commercial Enterprises Limited, buy the company report.
Board of directors of Ram Commercial Enterprises Limited
Ram Commercial Enterprises has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Wahi Also directs: Ralson Visionary Formulations Pvt Ltd, Priya Machines Private Limited, Ralson Remedies Pvt Ltd and 1 more | Director | 25 May 1990 | 36 Years 5 Months | As last reported |
| Sanjeev Pahwa Also directs: Ludhiana Angels Network LLP, Anandvan Enterprises LLP, Ralson (India) Limited and 5 more | Director | 28 Feb 1991 | 35 Years 8 Months | As last reported |
| Rachna Pahwa | Director | 30 Dec 2011 | 14 Years 10 Months | As last reported |
Peer comparison
Ram Commercial Enterprises Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R.K. Global Equity Broking Limited | ₹93,945 (FY 2025) | -75.0% | Kolkata, West Bengal, India | |||
| Tropicana Enterprises Private Limited | ₹93,761 (FY 2025) | 144.0% | New Delhi, Delhi, India | |||
| Amber Edifice Limited | ₹93,520 (FY 2025) | -96.0% | Mumbai, Maharashtra, India | |||
| Visionary Infraprojects Private Limited | ₹93,000 (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Wagle Process Studio and Press Private Limited | ₹92,816 (FY 2019) | -29.0% | Mumbai, Maharashtra, India | |||
| Ram Commercial Enterprises Limitedthis company | ₹92,753 (FY 2024) | -₹1.71 Lakh | -184.5% | -28.0% | Ludhiana, Punjab, India | |
| VC Stock Brokers Private Limited | ₹92,692 (FY 2024) | 4.0% | Ludhiana, Punjab, India | |||
| Candid Labs Private Limited | ₹92,640 (FY 2024) | -70.0% | Ludhiana, Punjab, India | |||
| Vinayak Marcom Private Limited | ₹92,631 (FY 2021) | -87.0% | Kolkata, West Bengal, India | |||
| Bengani Investments Private Limited | ₹92,580 (FY 2022) | -3.0% | New Delhi, Delhi, India | |||
| Hoshner Adeena Research and Investments Private Limited | ₹92,516 (FY 2025) | -66.0% | Thane, Maharashtra, India |
To see the full peer comparison of Ram Commercial Enterprises Limited, buy the company report.
Auditor
Ram Commercial Enterprises Limited is audited by Goyal Sanjay & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Goyal Sanjay & Associates | FY 2023 | 010083N |
Shareholding
The shareholding of Ram Commercial Enterprises 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 Ram Commercial Enterprises Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2020 | 100323642 | Hdfc Bank Limited | ₹4.5 Cr | Satisfied |
To see the full charge records of Ram Commercial Enterprises Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ram Commercial Enterprises Limited has 1 court case on record: 1 filed by Ram Commercial Enterprises. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ram Commercial Enterprises 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 Ram Commercial Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ram Commercial Enterprises Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ram Commercial Enterprises Limited has 5 board changes on record since 1990: 3 appointments and 2 cessations. The latest: Rachna Pahwa ceased to be Additional Director on 27 Sep 2012.
Frequently asked questions
Ram Commercial Enterprises has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ram Commercial Enterprises was a public limited company based in Ludhiana, Punjab, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 11 June 1982 and is registered under CIN U51909PB1982PLC058926. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ram Commercial Enterprises was incorporated on 11 June 1982. It is registered with the Registrar of Companies, Chandigarh.
Ram Commercial Enterprises had 3 directors:
- Nidhi Wahi - Director
- Sanjeev Pahwa - Director
- Rachna Pahwa - Director
The CIN (Corporate Identification Number) of Ram Commercial Enterprises is U51909PB1982PLC058926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ram Commercial Enterprises is at Ralson Nagar Dhandari Kalan, G. T. Road, Ludhiana, Punjab, India – 141014.
Ram Commercial Enterprises can be reached through the website ralson.com. Its registered office is in Ludhiana, Punjab, India.
The latest financial statements of Ram Commercial Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
Ram Commercial Enterprises operated in the financial services industry, in the brokerage and trading services segment.
The peers of Ram Commercial Enterprises by revenue are R.K. Global Equity Broking Limited, Tropicana Enterprises Private Limited, Amber Edifice Limited, Visionary Infraprojects Private Limited, Wagle Process Studio and Press Private Limited and 5 more, all in the BFSI industry (Broking Services).
Ram Commercial Enterprises has 1 court case on record: 1 filed by the company.

