Rashmi Syntex Private Limited
About Rashmi Syntex Private Limited
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Rashmi Syntex Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile spinning and weaving segment of the textiles sector. It was incorporated on 15 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1994PTC022505. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹57.07 Lakh. It is led by directors Rashmi Pravin Nandwani and Pravin Ramdhan Nandwani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹47,543, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹23,943 (net margin 50.4%) and EBITDA of ₹23,943 (EBITDA margin 50.4%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 52% over five years.
As per MCA filings, the company has satisfied charges of ₹8.05 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rashmi Syntex Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 112 Classic Complex Vasant Vihar Bunglow Parle Point Ghod D, Od Road, Surat, Gujarat, India – 395007
- IndustryTextile, Spinning & Weaving, Textile Weaving, Jute Weaving
To see the full contact details of Rashmi Syntex 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
Financials of Rashmi Syntex Private Limited
FY 2021 filings availableRashmi Syntex Private Limited reported revenue of ₹47,543 (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years. EBITDA fell 100% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹23,943 | ||||
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| Net Profit (PAT) | ₹23,943 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 50.4% | ||||
| Net Profit Margin | 50.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rashmi Syntex Private Limited, buy the company report.
Board of directors of Rashmi Syntex Private Limited
Rashmi Syntex 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 |
|---|---|---|---|---|
| Rashmi Pravin Nandwani | Director | 09 May 2014 | 12 Years 6 Months | Current |
| Pravin Ramdhan Nandwani | Director | 15 Jul 1994 | 32 Years 4 Months | Current |
Auditor
Rashmi Syntex Private Limited is audited by K KIRAN & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K KIRAN & Co | FY 2017 | 105178W |
Shareholding
The shareholding of Rashmi Syntex Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rashmi Syntex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2012 | 10356031 | Hdfc Bank Limited | ₹2.43 Cr | Satisfied | |
| 10 Dec 2007 | 10094006 | Icici Bank Limited | ₹6.62 Lakh | Satisfied | |
| 16 Jun 2005 | 80018387 | Bank of Baroda | ₹2.78 Cr | Satisfied | |
| 10 Jun 2005 | 90100054 | Bank of Baroda | ₹2.78 Cr | Satisfied |
To see the full charge records of Rashmi Syntex Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Rashmi Syntex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rashmi Syntex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rashmi Syntex 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 Rashmi Syntex Private Limited, buy the company report.
Recent activity
Rashmi Syntex Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Rashmi Pravin Nandwani ceased to be Additional Director on 30 Sep 2014.
6 earlier events are in the company report.
Frequently asked questions
Rashmi Syntex is an active private limited company based in Surat, Gujarat, India. The company works in spinning and weaving, within the textile industry. It was incorporated on 15 July 1994 (32+ years old) and is registered under CIN U17119GJ1994PTC022505.
Rashmi Syntex has 2 current directors:
- Rashmi Pravin Nandwani - Director
- Pravin Ramdhan Nandwani - Director
The latest financial statements of Rashmi Syntex on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Rashmi Syntex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rashmi Syntex is U17119GJ1994PTC022505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rashmi Syntex was incorporated on 15 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rashmi Pravin Nandwani ceased to be Additional Director on 30 Sep 2014. Rashmi Pravin Nandwani was appointed as Director on 09 May 2014. Shivjipal Sudeshpal Mohindra ceased to be Director on 09 May 2014. Rashmi Syntex has 4 board changes on record in total.
The registered office of Rashmi Syntex is at Shop No. 112 Classic Complex Vasant Vihar Bunglow Parle Point Ghod D, Od Road, Surat, Gujarat, India – 395007.
Rashmi Syntex operates in the textile industry, in the spinning and weaving segment.
Rashmi Syntex has no open charges and satisfied charges of ₹8.05 Cr as per latest MCA filings.
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