About Rasoya Proteins Limited
Data last updated:
Rasoya Proteins Limited is a public limited company based in Yavatmal, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 06 May 1992.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L15143MH1992PLC066662. Its GSTIN is 27AABCM1757C2ZQ (Maharashtra). The company holds 3 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 10 Jul 2020 · winding up and from BSE on 19 Oct 2020 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹181 Cr and a paid-up capital of ₹170.89 Cr. It was formerly known as Maharashtra Soya Industries Limited. It is led by directors including Anil Narayan Lonkar (Managing Director) and Manik Anil Lonkar.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Village Wanjari Taluka Wani Yavatmal, Maharashtra, India – 445004.
As per the financials filed for FY 2016, the company reported a revenue of ₹77.31 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹389.69 Cr and EBITDA of -₹383.76 Cr (EBITDA margin -496.4%).
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rasoya Proteins. As per MCA filings, the company has open charges of ₹719.78 Cr and satisfied charges of ₹70.13 Cr on record. Court records list 86 cases involving the company, including 28 filed by the company and 58 filed against it; 17 cases are pending. The company has 64 deals on record (64 market trades); the latest was in January 2015. Its 5 peer companies in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 2 smaller; the largest is Nandan Agro Private Limited with revenue of ₹78.9 Cr.
The last known website on record is rasoyaproteins.in.
Company details
CIN history
Rasoya Proteins has one previous CIN (Corporate Identification Number): U15143MH1992PLC066662. The current CIN is L15143MH1992PLC066662, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15143MH1992PLC066662 | Current |
| U15143MH1992PLC066662 | Previous |
Contact details
Rasoya Proteins Limited's registered office is in Yavatmal, Maharashtra. Its website is rasoyaproteins.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressVillage Wanjari Taluka Wani Yavatmal, Maharashtra, India – 445004
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Rasoya Proteins 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
Brands
Rasoya Proteins operates one associated brand: Rasoya Proteins. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Soyabean is processed and soya-based products are manufactured. | rasoyaproteins.in |
Business activity
The main business activity of Rasoya Proteins is manufacturing. In detail, this covers food, beverages and tobacco products and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Rasoya Proteins Limited, buy the company report.
Financials of Rasoya Proteins Limited
FY 2016 filings availableRasoya Proteins Limited reported revenue of ₹77.31 Cr (down 89% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹77.31 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹383.76 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹389.69 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -496.4% | |
| Net Profit Margin | ||
| 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 Rasoya Proteins Limited, buy the company report.
Board of directors of Rasoya Proteins Limited
Rasoya Proteins has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manik Anil Lonkar | Director | 07 Jan 2015 | 11 Years 9 Months | As last reported |
| Anil Narayan Lonkar Also directs: Eiravat Tradelinks Private Limited | Managing Director | 01 Jul 2008 | 18 Years 3 Months | As last reported |
| Ramrao Sivramji Nistane | Director | 24 May 2016 | 10 Years 5 Months | As last reported |
| Ramakant Laxmanrao Labhe | Director | 13 Jan 2016 | 10 Years 9 Months | As last reported |
Peer comparison
Rasoya Proteins Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nandan Agro Private Limited | ₹78.9 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| R R Oomerbhoy Pvt Ltd | ₹78.81 Cr (FY 2024) | 11.0% | Mumbai, Maharashtra, India | |||
| Surguja Solvent Extraction Private Limited | ₹78.32 Cr (FY 2025) | 12.0% | Surajpur, Chhattisgarh, India | |||
| Rasoya Proteins Limitedthis company | ₹77.31 Cr (FY 2016) | -₹389.69 Cr | -89.0% | 69 | Yavatmal, Maharashtra, India | |
| GPV Solvex Private Limited | ₹77.11 Cr (FY 2025) | 117.0% | Kolkata, West Bengal, India | |||
| Tirupati Agrooils Private Limited | ₹76.67 Cr (FY 2025) | 237.0% | Distmehsana Kadi, Gujarat, India |
To see the full peer comparison of Rasoya Proteins Limited, buy the company report.
Auditor
Rasoya Proteins Limited is audited by V N BHUWAIA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N BHUWAIA & CO | FY 2016 | 101482W |
Shareholding
The shareholding of Rasoya Proteins Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rasoya Proteins Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2014 | 10543709 | Idbi Bank Limited | ₹36 Cr | Open | |
| 11 Sep 2014 | 10519851 | Bank of Baroda | ₹3 Cr | Open | |
| 21 Apr 2014 | 10500881 | Others | ₹65.65 Lakh | Open | |
| 09 Apr 2014 | 10500919 | Others | ₹41.43 Lakh | Open | |
| 19 Sep 2013 | 10453836 | Bank of Baroda | ₹3 Cr | Open |
To see the full charge records of Rasoya Proteins Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Rasoya Proteins Limited has 64 deals on record (64 market trades); the latest was in January 2015.
Deals on record (5 of 64)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Market trade | ₹2.18 Cr | Buyer: Sunil Capital Seller: Sunil Capital, Maars Infratech Private Limited |
| Dec 2014 | Market trade | ₹2.3 Cr | Buyer: Flux Trade Solutions LLP Seller: Flux Trade Solutions LLP |
| Sep 2013 | Market trade | ₹2.17 Cr | Buyer: Marubhumi Dealer Pvt Ltd , Kalyani Barter Pvt Ltd Seller: Yuthika Commercial Private Limited , Pranidhi Commerce Private Limited , Plus Corporate Ventures Private Limited |
| Oct 2012 | Market trade | ₹4.31 Cr | Buyer: Marubhumi Dealer Pvt Ltd Seller: India Focus Cardinal Fund |
| Sep 2007 | Market trade | ₹25.5 Lakh | Buyer: Ken Securities Limited Seller: Ken Securities Limited |
To see the full deal history of Rasoya Proteins Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rasoya Proteins Limited has 86 court cases on record: 28 filed by Rasoya Proteins, 58 filed against it. 17 cases are pending and 69 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 71 | 47 | 15 |
| High courts | 13 | 11 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by HDFC Bank Limited | Pending |
| Bombay High Court | Commercial suit | Filed against the company by HDFC Bank Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Peerless Financial Serv Ices Ltd. | Pending |
| District court, Nagpur, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against H.D.F.C. Bank Ltd. | Disposed |
| Bombay High Court | Company petition | Filed by the company against Western Coalfields Limited, Through Its Chief General Manager, Puroshottam G. Godbole, Nagpur | Disposed |
To see the full case history of Rasoya Proteins 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 Rasoya Proteins Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rasoya Proteins has 3 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
Employees & EPFO
Rasoya Proteins Limited has a workforce of 69 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Rasoya Proteins has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM1757C2ZQ | Maharashtra | Active | 06 May 2020 |
To see the full GST registrations and return filing status of Rasoya Proteins Limited, buy the company report.
Recent activity
Rasoya Proteins Limited has 18 board changes on record since 2000: 11 appointments and 7 cessations. The latest: Ramrao Sivramji Nistane was appointed as Director on 24 May 2016.
56 earlier events are in the company report.
Frequently asked questions
Rasoya Proteins is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Rasoya Proteins is a company under liquidation, formerly operating as a public limited company based in Yavatmal, Maharashtra, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 06 May 1992 and is registered under CIN L15143MH1992PLC066662. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rasoya Proteins has 4 current directors:
- Anil Narayan Lonkar - Managing Director
- Manik Anil Lonkar - Director
- Ramrao Sivramji Nistane - Director
- Ramakant Laxmanrao Labhe - Director
The latest financial statements of Rasoya Proteins on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 28 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rasoya Proteins is L15143MH1992PLC066662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rasoya Proteins is recorded as a listed company by MCA, but its shares were delisted from NSE on 10 Jul 2020 · winding up and from BSE on 19 Oct 2020 · compulsory delisting, and no longer trade on a stock exchange.
Rasoya Proteins has open charges of ₹719.78 Cr and satisfied charges of ₹70.13 Cr as per latest MCA filings.
Rasoya Proteins has 86 court cases on record: 28 filed by the company and 58 filed against it. 17 are pending. Most are in the district courts.
Rasoya Proteins was incorporated on 06 May 1992. It is registered with the Registrar of Companies, Mumbai.
Rasoya Proteins has 64 deals on record (64 market trades); the latest was in January 2015.
The peers of Rasoya Proteins by revenue are Nandan Agro Private Limited, R R Oomerbhoy Pvt Ltd, Surguja Solvent Extraction Private Limited, GPV Solvex Private Limited, Tirupati Agrooils Private Limited, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Sample company reports
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