Rangoli Spices Private Limited
About Rangoli Spices Private Limited
Data last updated:
Rangoli Spices Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 05 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15400GJ2015PTC083099. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Geetaben Vallabhbhai Pipalia and Vallabhbhai Laxmanbhai Pipaliya.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.19 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹1.25 Lakh (net margin -1.1%) and EBITDA of ₹18.2 Lakh (EBITDA margin 15.3%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 9 cases involving the company, including 9 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rangoli Spices Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressRuda Transport Nagar Survey No.112/3 Plot No.1 Nr.Berger Paint Godown N.H.8/B [Anadpar, ] Navagam, Rajkot, Gujarat, India – 360003
- IndustryFood and Beverages, Spice Manufacturing & Distribution
To see the full contact details of Rangoli Spices 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 Rangoli Spices is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Rangoli Spices Private Limited, buy the company report.
Financials of Rangoli Spices Private Limited
FY 2019 filings availableRangoli Spices Private Limited reported revenue of ₹1.19 Cr (down 4% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 4% fall in the latest year. EBITDA rose 3% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.19 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹18.2 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.25 Lakh | |||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15.3% | |||
| Net Profit Margin | -1.1% | |||
| 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 Rangoli Spices Private Limited, buy the company report.
Board of directors of Rangoli Spices Private Limited
Rangoli Spices has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geetaben Vallabhbhai Pipalia | Director | 05 May 2015 | 11 Years 5 Months | Current |
| Vallabhbhai Laxmanbhai Pipaliya | Director | 05 May 2015 | 11 Years 5 Months | Current |
Auditor
Rangoli Spices Private Limited is audited by H B HIRAPARA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H B HIRAPARA & CO | FY 2019 | 122123W |
Shareholding
The shareholding of Rangoli Spices Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rangoli Spices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2017 | 100146670 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Rangoli Spices Private Limited has 9 court cases on record: 9 filed against it. 5 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 4 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by Bajaj Housing Finance Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by RBL Bank Ltd. | Disposed |
To see the full case history of Rangoli Spices 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
No delayed payments to MSME suppliers are on our record for Rangoli Spices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rangoli Spices 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 Rangoli Spices Private Limited, buy the company report.
Recent activity
Rangoli Spices Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Alpaben Dharmeshbhai Ajani ceased to be Director on 01 Apr 2017.
Frequently asked questions
Rangoli Spices is an active private limited company based in Rajkot, Gujarat, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 05 May 2015 (11+ years old) and is registered under CIN U15400GJ2015PTC083099.
Rangoli Spices has 2 current directors:
- Geetaben Vallabhbhai Pipalia - Director
- Vallabhbhai Laxmanbhai Pipaliya - Director
The latest financial statements of Rangoli Spices on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Rangoli Spices has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rangoli Spices is U15400GJ2015PTC083099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rangoli Spices has 9 court cases on record: 9 filed against it. 5 are pending. Most are in the district courts.
Rangoli Spices was incorporated on 05 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alpaben Dharmeshbhai Ajani ceased to be Director on 01 Apr 2017. Ilaben Jigneshbhai Ghaunva ceased to be Director on 01 Apr 2017. Geetaben Vallabhbhai Pipalia was appointed as Director on 05 May 2015. Rangoli Spices has 4 board changes on record in total.
The registered office of Rangoli Spices is at Ruda Transport Nagar Survey No.1123 Plot No.1 Nr.Berger Paint Godown N.H.8B Anadpar, Navagam, Rajkot, Gujarat, India – 360003.
Rangoli Spices operates in the food and beverages industry, in the spice manufacturing and distribution segment.