About Ramasigns Industries Limited
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Ramasigns Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the paper segment of the packaging sector. It was incorporated on 31 March 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L36100MH1981PLC024162. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but trading in its shares on BSE (515127) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.28 Cr. It was formerly known as Ram Decorative and Industrial Laminates Limited and Rammaica India Limited. It is led by directors including Pankaj Hasmukhlal Jobalia (Managing Director) and Deepak Janu Pendhari.
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 Gala No 62 64 65 Ground Floor Building No 5 New Ashirwad Industrial Premises Co.Op Society Limited, Ram Mandir Road Goregaon (West) Mumbai – 400104., Maharashtra, India – 400104.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.47 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹5.2 Cr (net margin -49.7%) and EBITDA of -₹3.53 Cr (EBITDA margin -33.7%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 39% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rammaica. As per MCA filings, the company has open charges of ₹3.83 Cr and satisfied charges of ₹14.07 Cr on record. Court records list 85 cases involving the company, including 65 filed by the company and 20 filed against it; 52 cases are pending. The company has 83 deals on record (83 market trades); the latest was in August 2025. The company has 21 MSME Form 1 returns on record between 2017 and 2023, listing 156 overdue payments to 14 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ramasigns.in.
Company details
Name history
Ramasigns Industries has undergone 2 name changes throughout its history. The company was previously known as Ram Decorative And Industrial Laminates Limited, and Rammaica India Limited. The current legal name is Ramasigns Industries Limited.
| Company Name | Status |
|---|---|
| Ramasigns Industries Limited | Current |
| Ram Decorative And Industrial Laminates Limited | Previous |
| Rammaica India Limited | Previous |
CIN history
Ramasigns Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L36100MH1981PLC024162, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L36100MH1981PLC024162 | Current |
| U74994MH1981PLC024162 | Previous |
| L74994MH1981PLC024162 | Previous |
Contact details
Ramasigns Industries Limited's registered office is in Mumbai, Maharashtra. Its website is ramasigns.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGala No 62 64 65 Ground Floor Building No 5 New Ashirwad Industrial Premises Co.Op Society Limited, Ram Mandir Road Goregaon (West) Mumbai – 400104., Maharashtra, India – 400104
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Ramasigns Industries 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
Brands
Ramasigns Industries operates one associated brand: Rammaica. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of digital signage services | ramasigns.in |
Business activity
The main business activity of Ramasigns Industries 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 Ramasigns Industries Limited, buy the company report.
Financials of Ramasigns Industries Limited
FY 2024 filings availableRamasigns Industries Limited reported revenue of ₹10.47 Cr (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 61% fall in the latest year. EBITDA fell 274% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.2 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.7% | ||||
| Net Profit Margin | -49.7% | ||||
| 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 Ramasigns Industries Limited, buy the company report.
Board of directors of Ramasigns Industries Limited
Ramasigns Industries has 7 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Hasmukhlal Jobalia | Managing Director | 06 Nov 2015 | 10 Years 11 Months | Current |
| Deepak Janu Pendhari | Director | 04 Nov 2020 | 5 Years 11 Months | Current |
| Karan Hitesh Jobalia Also directs: Advik Printing Consumable LLP | Director | 27 Aug 2022 | 4 Years 1 Months | Current |
| Bipin Jayantilal Sikligar | Additional Director | 14 Aug 2025 | 1 Years 2 Months | Current |
| Vrushali Raju More | Additional Director | 10 Sep 2025 | 1 Years 1 Months | Current |
| Uday Anant Sawant Also directs: New Markets Avenue Limited, Shree Yash Stainless Private Limited | Director | 22 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Ramasigns Industries Limited is audited by R Mehta and Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Mehta and Associates | FY 2024 | 143992W |
Shareholding
The shareholding of Ramasigns Industries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ramasigns Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2022 | 100587039 | Others | ₹76 Lakh | Open | |
| 24 Nov 2020 | 100406080 | Others | ₹3 Cr | Open | |
| 31 Aug 2020 | 100382358 | Others | ₹7.37 Lakh | Open | |
| 31 Jul 2012 | 10373065 | Oriental Bank of Commerce | ₹2.25 Cr | Satisfied | |
| 11 Jul 1994 | 90186090 | Industrial Devel. Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Ramasigns Industries Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Ramasigns Industries Limited has 83 deals on record (83 market trades); the latest was in August 2025.
Deals on record (5 of 83)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2014 | Market trade | ₹7.7 Lakh | Seller: Avance Technologies Limited |
| Sep 2014 | Market trade | ₹4.7 Lakh | Seller: Avance Technologies Limited |
| Sep 2014 | Market trade | ₹3.5 Lakh | Seller: Avance Technologies Limited |
| Sep 2014 | Market trade | ₹10.1 Lakh | Buyer: an individual Seller: Avance Technologies Limited |
| Dec 2012 | Market trade | ₹7 Lakh | Seller: Parkes Multi Trade Private Limited |
To see the full deal history of Ramasigns Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ramasigns Industries Limited has 85 court cases on record: 65 filed by Ramasigns Industries, 20 filed against it. 52 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 78 | 15 | 52 |
| High courts | 6 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against M/S. Bright Vision Digital Pvt. Ltd. and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against A Plus Graphics Private Limited and 2 others | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Sicom Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against M/S Print World and 2 Ors | Pending |
To see the full case history of Ramasigns Industries 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.
Credit ratings & regulatory alerts
Ramasigns Industries Limited was last rated by Care on 31 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Dec 2021 |
To see the full credit ratings and regulatory alerts of Ramasigns Industries Limited, buy the company report.
MSME payment delays
Ramasigns Industries Limited has 21 MSME Form 1 returns on record between 2017 and 2023, listing 156 overdue payments to 14 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 (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Innotex (India) Private Limited | |||
| Qrex Flex Private Limited | |||
| Canadian Speciality Vinyls | |||
| Cleena Industries Private Limited |
To see the full MSME payment records of Ramasigns Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ramasigns Industries Limited has a workforce of 29 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Ramasigns Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ramasigns Industries Limited, buy the company report.
Recent activity
Ramasigns Industries Limited has 64 board changes on record since 1981: 35 appointments and 29 cessations. The latest: Kavita Sandeep Pawar ceased to be Director on 09 Feb 2026.
98 earlier events are in the company report.
News
Frequently asked questions
Ramasigns Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in paper, within the packaging industry. It was incorporated on 31 March 1981 (45+ years old) and is registered under CIN L36100MH1981PLC024162.
Ramasigns Industries has 7 current directors:
- Pankaj Hasmukhlal Jobalia - Managing Director
- Deepak Janu Pendhari - Director
- Karan Hitesh Jobalia - Director
- Bipin Jayantilal Sikligar - Additional Director
- Vrushali Raju More - Additional Director
- Uday Anant Sawant - Director
- Kavita Sandeep Pawar - Director
The latest financial statements of Ramasigns Industries 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.
No. Ramasigns Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ramasigns Industries is L36100MH1981PLC024162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ramasigns Industries is recorded as a listed company by MCA, but trading in its shares on BSE (515127) has been suspended, so they do not currently trade on a stock exchange.
Ramasigns Industries has 85 court cases on record: 65 filed by the company and 20 filed against it. 52 are pending. Most are in the district courts.
Ramasigns Industries was incorporated on 31 March 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramasigns Industries has 83 deals on record (83 market trades); the latest was in August 2025.
Kavita Sandeep Pawar ceased to be Director on 09 Feb 2026. Sunanda Prashant Shah ceased to be Director on 10 Sep 2025. Vrushali Raju More was appointed as Additional Director on 10 Sep 2025. Ramasigns Industries has 64 board changes on record in total.
Ramasigns Industries has 21 MSME Form 1 returns on record between 2017 and 2023, listing 156 overdue payments to 14 micro and small suppliers. The latest return was filed on 28 Aug 2023.