MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0049768
Rameswar Apex Private Limited - home & lifestyle in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹115.57 Cr
▼ 53% YoY
Net profit · FY 2023
₹2.12 Cr
Net margin 1.8%
EBITDA · FY 2023
₹3.68 Cr
EBITDA margin 3.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Open charges
₹99.8 Cr
Satisfied ₹10 Cr
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
About Rameswar Apex Private Limited
Data last updated:
Rameswar Apex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 30 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC071771. Its GSTIN is 24AAGCR0461H1ZM (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Rameswar Food Mills Private Limited. It is led by directors including Yash Ajitsaria and Vaishnav Jankilal.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 403 Balleshwar Square Opp. Iskon Temple S G Road, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹115.57 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹2.12 Cr (net margin 1.8%) and EBITDA of ₹3.68 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 59% over five years.
The company is associated with 1 brand: Rameswar Apex. As per MCA filings, the company has open charges of ₹99.8 Cr and satisfied charges of ₹10 Cr on record. Court records list 32 cases involving the company, including 11 filed by the company and 21 filed against it; 1 case is pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹4.2 Lakh; the latest was in March 2024.
Rameswar Apex Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0049768). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rameswarapex.com.
Company Details of Rameswar Apex Private Limited
CIN U17120GJ2012PTC071771
Registration Number 071771
Incorporation Date 30 August 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0049768
CIN History of Rameswar Apex Private Limited
Rameswar Apex has one previous CIN (Corporate Identification Number): U15313GJ2012PTC071771. The current CIN is U17120GJ2012PTC071771, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120GJ2012PTC071771 | Current |
| U15313GJ2012PTC071771 | Previous |
Recognitions & Rankings of Rameswar Apex
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address403 Balleshwar Square Opp. Iskon Temple S G Road, Ahmedabad, Gujarat, India – 380015
- IndustryHome & Lifestyle, Textile Retail & Distribution
Comprehensive company report
Rameswar Apex Private Limited - one report that includes everything
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Associated Brands with Rameswar Apex Private Limited
Rameswar Apex operates one associated brand: RAMESWAR APEX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports cotton yarn, denim, knitted, and woven fabrics globally. | rameswarapex.com |
Financials of Rameswar Apex Private Limited FY 2025 filings available
Rameswar Apex Private Limited reported revenue of ₹115.57 Cr (down 53% YoY) for FY 2023.
Revenue · FY 2023
₹115.57 Cr ▼ 53%
Net profit · FY 2023
₹2.12 Cr margin 1.8%
EBITDA · FY 2023
₹3.68 Cr margin 3.2%
Compounded Annual Growth Rate (CAGR) of Rameswar Apex Private Limited
Revenue CAGR growth
1 year
▼ 53%
3 years · compounded
▲ 56%
5 years · compounded
▲ 59%
EBITDA CAGR growth
1 year
▼ 72%
3 years · compounded
▲ 133%
5 years · compounded
▲ 111%
Revenue fell 53% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 59%. EBITDA fell 72% 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 Rameswar Apex Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹115.57 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.12 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 Rameswar Apex Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Rameswar Apex are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Rameswar Apex Private Limited
Rameswar Apex has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Ajitsaria Also directs: Zenith Spinners LLP, Rameswar Agro Energy Private Limited | Director | 08 Sep 2023 | 3 Years 1 Months | Current |
| Vaishnav Jankilal Also directs: Zenith Spinners LLP, Zenith Apex Private Limited | Director | 14 Jul 2016 | 10 Years 3 Months | Current |
| Shailendra Srivastava Also directs: Rameswar Spinning LLP, Rameswar Agro Energy Private Limited | Director | 08 May 2017 | 9 Years 5 Months | Current |
Auditor Details of Rameswar Apex Private Limited
Rameswar Apex Private Limited is audited by PIPARA & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PIPARA & CO LLP | Locked | Locked | Locked |
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Ownership and Shareholding of Rameswar Apex Private Limited
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Charges & Borrowings of Rameswar Apex Private Limited
Open charges
₹99.8 Cr
Satisfied charges
₹10 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Oct 2023 | Axis Bank Limited | ₹49.9 Cr | Open |
| 30 Jan 2020 | Axis Bank Limited | ₹49.9 Cr | Open |
| 18 Jan 2023 | Axis Bank Limited | ₹10 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Rameswar Apex Private Limited
Rameswar Apex Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹4.2 Lakh; the latest was in March 2024.
Total deals
6
Secondary share transfers
5
Funding round
1
Disclosed funding
₹4.2 Lakh
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Harsh Ajitsaria HUF Seller: an individual |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: Harsh Ajitsaria HUF, 3 individuals Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Zenith Spinners LLP , an individual Seller: an individual |
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Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Rameswar Apex Private Limited
Rameswar Apex Private Limited has 32 court cases on record: 11 filed by Rameswar Apex, 21 filed against it. 1 case is pending and 31 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
32
Filed by the company
11
Filed against the company
21
Pending
1
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 21 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Iifl Samasta Finance Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Iifl Samasta Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Iifl Samasta Finance Limited | Disposed |
| District court, Karauli, Rajasthan | Court case (EXECUITION CASES) | Filed against the company by Poonawalla Fincorp Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint(pariwad)) | Filed against the company by Tata Capital Limited | Disposed |
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Employees and EPFO Compliance at Rameswar Apex Private Limited
Employment history and EPFO contributions of people linked to Rameswar Apex.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Rameswar Apex Private Limited
Rameswar Apex Private Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Yash Ajitsaria was appointed as Director on 08 Sep 2023.
AGM
Rameswar Apex Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Rameswar Apex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 49.90 Cr with Charge ID 100804256 was registered on 20 Oct 2023.
Charges
A charge registered on 18 Jan 2023 via Charge ID 100670112 with Axis Bank Limited was fully satisfied on 15 Sep 2023.
Appointed
Yash Ajitsaria was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 49.90 Cr registered on 30 Jan 2020 with Charge ID 100330394 was modified on 01 Sep 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100670112 was registered on 18 Jan 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 49.90 Cr with Charge ID 100330394 was registered on 30 Jan 2020.
Ceased
Shailendra Srivastava ceased to be Additional Director.
Ceased
Dipesh Ranjeet Mitra ceased to be Director.
Appointed
Shailendra Srivastava was appointed as Director.
Ceased
Abhay Ajitsaria ceased to be Director.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rameswar Apex Private Limited
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MSME Payment Delays by Rameswar Apex Private Limited
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Subsidiaries & Group Companies of Rameswar Apex Private Limited
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GST Compliance of Rameswar Apex Private Limited
Rameswar Apex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCR0461H1ZM | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Rameswar Apex Private Limited
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Frequently Asked Questions about Rameswar Apex Private Limited
Rameswar Apex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 30 August 2012 (14+ years old) and is registered under CIN U17120GJ2012PTC071771.
Rameswar Apex reported revenue of ₹115.57 Cr for FY 2023 (down 53% YoY).
Rameswar Apex has 3 current directors:
- Yash Ajitsaria - Director
- Vaishnav Jankilal - Director
- Shailendra Srivastava - Director
Rameswar Apex reported a net profit of ₹2.12 Cr (net margin 1.8%) and EBITDA of ₹3.68 Cr (EBITDA margin 3.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rameswar Apex is 56% over three years and 59% over five years. In the latest year (FY 2023) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rameswar Apex is 24AAGCR0461H1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Rameswar Apex is U17120GJ2012PTC071771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rameswar Apex has 32 court cases on record: 11 filed by the company and 21 filed against it. 1 is pending.
Rameswar Apex was incorporated on 30 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rameswar Apex has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹4.2 Lakh; the latest was in March 2024.