MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-25-0000947
Rashi Agro Industries Private Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.93 Cr
▲ 4% YoY
Net profit · FY 2024
₹34.38 Lakh
Net margin 3.1%
EBITDA · FY 2024
₹2.08 Cr
EBITDA margin 19.1%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹8.94 Cr
Satisfied ₹40.31 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
50
Provident fund records
About Rashi Agro Industries Private Limited
Data last updated:
Rashi Agro Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 17 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51225MH2003PTC143151. Its GSTIN is 24AAACO6681L1Z4 (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Om Shri Oil Traders Private Limited. It is led by directors including Bhavini Purshottam Bhanushali and Kruti Sumeet Nisar.
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 2102 Building No.5 Wasabi Grove Bldg Chs Ltd Padmanagar Road Chikuwadi Borivali (W), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.93 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹34.38 Lakh (net margin 3.1%) and EBITDA of ₹2.08 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rashiagro. As per MCA filings, the company has open charges of ₹8.94 Cr and satisfied charges of ₹40.31 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending.
Rashi Agro Industries Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0000947). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rashiagro.com.
Company details
CIN U51225MH2003PTC143151
Registration Number 143151
Incorporation Date 17 November 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-25-0000947
Key People
Bhavini Purshottam Bhanushali Director Kruti Sumeet Nisar Director Premila Purshottam Bhanushali Director Recognitions & Rankings of Rashi Agro Industries
Contact details
Rashi Agro Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is rashiagro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2102 Building No.5 Wasabi Grove Bldg Chs Ltd Padmanagar Road Chikuwadi Borivali (W), Mumbai, Maharashtra, India – 400092
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Rashi Agro Industries Private Limited, buy the company report.
Comprehensive company report
Rashi Agro Industries Private 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
Rashi Agro Industries operates one associated brand: Rashiagro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| rashiagro.com |
Business activity
The main business activity of Rashi Agro Industries is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Rashi Agro Industries Private Limited, buy the company report.
Financials of Rashi Agro Industries Private Limited
FY 2024 filings availableRashi Agro Industries Private Limited reported revenue of ₹10.93 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹10.93 Cr ▲ 4%
Net profit · FY 2024
₹34.38 Lakh margin 3.1%
EBITDA · FY 2024
₹2.08 Cr margin 19.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 6%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 21%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 4% growth in the latest year. EBITDA rose 38% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | 19.1% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Rashi Agro Industries Private Limited, buy the company report.
Board of directors of Rashi Agro Industries Private Limited
Rashi Agro Industries has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavini Purshottam Bhanushali Also directs: Tyche Properties LLP | Director | 01 Apr 2016 | 10 Years 7 Months | Current |
| Kruti Sumeet Nisar | Director | 01 Jul 2019 | 7 Years 4 Months | Current |
| Premila Purshottam Bhanushali Also directs: Rashi Realtors Private Limited | Director | 16 Aug 2013 | 13 Years 2 Months | Current |
| Jagdishbhai Manjibhai Bhanushali Also directs: Shree Pareshwar Enterprises LLP | Director | 01 Jun 2011 | 15 Years 5 Months | Current |
| Avani Rajesh Nisar | Director | 01 Jul 2019 | 7 Years 4 Months | Current |
Auditor
Rashi Agro Industries Private Limited is audited by DCAS AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DCAS AND ASSOCIATES LLP | FY 2023 | 327601E |
Shareholding
The shareholding of Rashi Agro Industries Private 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 Rashi Agro Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.94 Cr
Satisfied charges
₹40.31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2022 | 100626309 | Hdfc Bank Limited | ₹19.1 Lakh | Open | |
| 22 Sep 2021 | 100488128 | Others | ₹8.46 Cr | Open | |
| 02 Feb 2021 | 100435897 | Hdfc Bank Limited | ₹28.8 Lakh | Open | |
| 17 Dec 2019 | 100314213 | Hdfc Bank Limited | ₹3.6 Cr | Satisfied | |
| 15 Dec 2015 | 10607636 | Others | ₹4.71 Cr | Satisfied |
To see the full charge records of Rashi Agro Industries Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Rashi Agro Industries Private Limited has 6 court cases on record: 1 filed by Rashi Agro Industries, 5 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed against the company | Pending |
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Valsad, Gujarat | Criminal miscellaneous application | Filed by the company against State of Gujarat | Disposed |
| District court, Tapi, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Tapi, Gujarat | Criminal complaint | Filed against the company by P.A. Chaudhari (Pinalben A. Chaudhari) Food Safety Officer On Behalf of Government of Gujarat | Disposed |
To see the full case history of Rashi Agro Industries 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 Rashi Agro Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rashi Agro Industries Private Limited has a workforce of 50 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
-16.67%
GST
Rashi Agro Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO6681L1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rashi Agro Industries Private Limited, buy the company report.
Recent activity
Rashi Agro Industries Private Limited has 14 board changes on record since 2008: 5 appointments and 9 cessations. The latest: Avani Rajesh Nisar ceased to be Additional Director on 30 Sep 2019.
AGM
Rashi Agro Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rashi Agro Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100626309 was registered on 14 Oct 2022.
Charges
A charge with Others of Rs. 8.46 Cr registered on 22 Sep 2021 with Charge ID 100488128 was modified on 07 Apr 2022.
Charges
A charge registered on 17 Dec 2019 via Charge ID 100314213 with Hdfc Bank Limited was fully satisfied on 18 Oct 2021.
Charges
A charge with Others amounted to Rs. 8.46 Cr with Charge ID 100488128 was registered on 22 Sep 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100435897 was registered on 02 Feb 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.60 Cr with Charge ID 100314213 was registered on 17 Dec 2019.
Ceased
Avani Rajesh Nisar ceased to be Additional Director.
Ceased
Kruti Sumeet Nisar ceased to be Additional Director.
Charges
A charge registered on 15 Dec 2015 via Charge ID 10607636 with Others was fully satisfied on 04 Sep 2019.
Charges
A charge registered on 17 Jul 2013 via Charge ID 10443242 with New India Co-Op Bank Limited was fully satisfied on 26 Aug 2019.
40 earlier events are in the company report.
Frequently asked questions
Rashi Agro Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 17 November 2003 (23+ years old) and is registered under CIN U51225MH2003PTC143151.
Rashi Agro Industries has 5 current directors:
- Bhavini Purshottam Bhanushali - Director
- Kruti Sumeet Nisar - Director
- Premila Purshottam Bhanushali - Director
- Jagdishbhai Manjibhai Bhanushali - Director
- Avani Rajesh Nisar - Director
The latest financial statements of Rashi Agro 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.
The GSTIN of Rashi Agro Industries is 24AAACO6681L1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Rashi Agro Industries is U51225MH2003PTC143151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rashi Agro Industries has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending.
Rashi Agro Industries was incorporated on 17 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Avani Rajesh Nisar ceased to be Additional Director on 30 Sep 2019. Kruti Sumeet Nisar ceased to be Additional Director on 30 Sep 2019. Avani Rajesh Nisar was appointed as Director on 01 Jul 2019. Rashi Agro Industries has 14 board changes on record in total.
Yes, Rashi Agro Industries is registered as an MSME under Udyam registration (number: UDYAM-GJ-25-0000947).
Rashi Agro Industries can be reached through the website rashiagro.com. Its registered office is in Mumbai, Maharashtra, India.
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