Rashmi Strips Private Limited
About Rashmi Strips Private Limited
Data last updated:
Rashmi Strips 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 27 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28910GJ2009PTC057066.
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.57 Cr. It was formerly known as Rashmi Pipes Private Limited. It is led by directors including Snehal Mukesh Desai and Santosh Vansraj Bhansali.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 401 Narnarayan Complex Near Swastik Char Rasta Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.72 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹15.28 Lakh (net margin 36.6%) and EBITDA of ₹20.76 Lakh (EBITDA margin 49.8%). Revenue has grown at a compounded annual rate (CAGR) of 545% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Rashmi Strips Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 401 Narnarayan Complex Near Swastik Char Rasta Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Rashmi Strips 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 Rashmi Strips 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 |
Financials of Rashmi Strips Private Limited
FY 2025 filings availableRashmi Strips Private Limited reported revenue of ₹41.72 Lakh (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 545% over five years, including 13% growth in the latest year. EBITDA fell 43% 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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| EBITDA | ₹20.76 Lakh | ||||
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| Net Profit (PAT) | ₹15.28 Lakh | ||||
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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 | 49.8% | ||||
| Net Profit Margin | 36.6% | ||||
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To see the full financial statements and ratios of Rashmi Strips Private Limited, buy the company report.
Board of directors of Rashmi Strips Private Limited
Rashmi Strips has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Randhirmal Lodha Also directs: Sunshine Weigh Systems Pvt Ltd, M P Steel (India) Limited, Uma Converter Limited and 1 more | Additional Director | 05 May 2021 | 5 Years 5 Months | Current |
| Snehal Mukesh Desai | Director | 15 Jul 2009 | 17 Years 3 Months | Current |
| Santosh Vansraj Bhansali | Director | 11 Aug 2012 | 14 Years 2 Months | Current |
Peer comparison
Rashmi Strips Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jai Dadi Ki Fabrics Private Limited | ₹41.84 Lakh (FY 2025) | -10.0% | Varanasi, Uttar Pradesh, India | |||
| Kanani Trading Private Limited | ₹41.8 Lakh (FY 2022) | -6.0% | Mumbai, Maharashtra, India | |||
| Rashmi Strips Private Limitedthis company | ₹41.72 Lakh (FY 2024) | ₹15.28 Lakh | 36.6% | 13.0% | Ahmedabad, Gujarat, India | |
| Avra Mineral Resources Private Limited | ₹41.72 Lakh (FY 2024) | -73.0% | Bilaspur, Chhattisgarh, India | |||
| Paramco Export Private Limited | ₹41.65 Lakh (FY 2023) | -52.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Rashmi Strips Private Limited, buy the company report.
Auditor
Rashmi Strips Private Limited is audited by ANAND SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND SHAH & ASSOCIATES | FY 2023 | 131934W |
Shareholding
The shareholding of Rashmi Strips 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 Rashmi Strips Private Limited, buy the company report.
Legal cases
Rashmi Strips Private Limited has 1 court case on record: 1 filed by Rashmi Strips. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Rashmi Strips 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 Rashmi Strips Private 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 Rashmi Strips Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rashmi Strips Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Kushalkumar Vansraj Bhansali ceased to be Director on 05 May 2021.
Frequently asked questions
Rashmi Strips 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 27 May 2009 (17+ years old) and is registered under CIN U28910GJ2009PTC057066.
Rashmi Strips has 3 current directors:
- Pradeep Randhirmal Lodha - Additional Director
- Snehal Mukesh Desai - Director
- Santosh Vansraj Bhansali - Director
The latest financial statements of Rashmi Strips on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rashmi Strips is U28910GJ2009PTC057066. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rashmi Strips has 1 court case on record: 1 filed by the company.
Rashmi Strips was incorporated on 27 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rashmi Strips by revenue are Jai Dadi Ki Fabrics Private Limited, Kanani Trading Private Limited, Avra Mineral Resources Private Limited, Paramco Export Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Kushalkumar Vansraj Bhansali ceased to be Director on 05 May 2021. Pradeep Randhirmal Lodha was appointed as Additional Director on 05 May 2021. Surendra Nemchand Shah ceased to be Director on 13 Aug 2012. Rashmi Strips has 8 board changes on record in total.
The registered office of Rashmi Strips is at A – 401 Narnarayan Complex Near Swastik Char Rasta Navrangpura, Ahmedabad, Gujarat, India – 380009.
Rashmi Strips operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Rashmi Strips is active non-compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.