- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0053019

About Ratan Corporation Private Limited
Data last updated:
Ratan Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 18 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33100MH1992PTC068199. Its GSTIN is 27AAACM2705M2ZG (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.04 Cr. It was formerly known as Ratan Corporation Limited and Madhur Agro Proteins Limited. It is led by directors Ratanchand Lunawat (Managing Director) and Shyam Lunawat Ratanchand.
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 202 Meru Tower A Wing 549 Jame Jamshed Road Matunga East (Cr), Mumbai, Maharashtra, India – 400019.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.21 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹8.14 Lakh (net margin 0.6%) and EBITDA of -₹11.44 Lakh (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹3.6 Cr and satisfied charges of ₹25.7 Cr on record. Court records list 21 cases involving the company, including 15 filed by the company and 6 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in April 2011.
Ratan Corporation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0053019). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ratancorporation.com.
Company details
Name history
Ratan Corporation has undergone 2 name changes throughout its history. The company was previously known as Ratan Corporation Limited, and Madhur Agro Proteins Limited. The current legal name is Ratan Corporation Private Limited.
| Company Name | Status |
|---|---|
| Ratan Corporation Private Limited | Current |
| Ratan Corporation Limited | Previous |
| Madhur Agro Proteins Limited | Previous |
CIN history
Ratan Corporation has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U33100MH1992PTC068199, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33100MH1992PTC068199 | Current |
| U74120MH1992PLC068199 | Previous |
| U74120MH1992PTC068199 | Previous |
| U15140MH1992PLC068199 | Previous |
| U65924MH1992PLC068199 | Previous |
Recognitions & Rankings of Ratan Corporation
Contact details
Ratan Corporation Private Limited's registered office is in Mumbai, Maharashtra. Its website is ratancorporation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address202 Meru Tower A Wing 549 Jame Jamshed Road Matunga East (Cr), Mumbai, Maharashtra, India – 400019
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Ratan Corporation 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 Ratan Corporation Private Limited
FY 2024 filings availableRatan Corporation Private Limited reported revenue of ₹14.21 Cr (up 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 42% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.14 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Ratan Corporation Private Limited, buy the company report.
Board of directors of Ratan Corporation Private Limited
Ratan Corporation 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 |
|---|---|---|---|---|
| Ratanchand Lunawat Also directs: Precious Commodities LLP, Shrimad Rajchandra Jivadaya Foundation | Managing Director | 01 Sep 1992 | 34 Years 2 Months | Current |
| Shyam Lunawat Ratanchand Also directs: Precious Commodities LLP | Director | 23 May 2011 | 15 Years 5 Months | Current |
Auditor
Ratan Corporation Private Limited is audited by Sumer Surana & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sumer Surana & Co. | FY 2023 | 110551W |
Shareholding
The shareholding of Ratan Corporation 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 Ratan Corporation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2022 | 100620790 | Others | ₹3.6 Cr | Open | |
| 23 Mar 2022 | 100556322 | Others | ₹1.2 Cr | Satisfied | |
| 17 Dec 1997 | 90346831 | Sasf | ₹2 Cr | Satisfied | |
| 18 Mar 1997 | 80057353 | State Bank of Bikaner & Jaipur | ₹9 Cr | Satisfied | |
| 17 Jan 1997 | 90346795 | Industrial Development Bank of India | ₹4.5 Cr | Satisfied |
To see the full charge records of Ratan Corporation Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Ratan Corporation Private Limited has 1 deal on record (1 acquisition); the latest was in April 2011.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2011 | Acquisition | Undisclosed | Buyer: Archer Daniels Midland Company Seller: Ratan Corporation Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ratan Corporation Private Limited has 21 court cases on record: 15 filed by Ratan Corporation, 6 filed against it. 1 case is pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 3 | 1 |
| District courts | 7 | 1 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3801-Matters Relating To Consumer Protection : Appeals u/s 23 of Consumer Protection Act, 1986.) | Filed against the company by United India Insurance Co.Ltd. Through Shri V.P. Kaul Deputy Manager (Law) City Branch Office No. 1, Rani Laxmibai Chowk, Sitabuldi , District: Nagpur ,Nagpur , Maharashtra | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Sun Shine Realtors Pvt Ltd | Disposed |
| Bombay High Court | Court case (AO) | Filed by the company against Sun Shine Realtors Private Limited and Ors | Disposed |
| Bombay High Court | Court case (CAA) | Filed by the company against Sun Shine Realtors Private Limited and Ors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Sun Shine Realtors Pvt. Ltd. and 6 others | Disposed |
To see the full case history of Ratan Corporation 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 Ratan Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ratan Corporation has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2705M2ZG | Maharashtra | Active | 01 Dec 2017 |
To see the full GST registrations and return filing status of Ratan Corporation Private Limited, buy the company report.
Recent activity
Ratan Corporation Private Limited has 4 board changes on record since 1992: 2 appointments and 2 cessations. The latest: Shyam Lunawat Ratanchand was appointed as Director on 23 May 2011.
11 earlier events are in the company report.
Frequently asked questions
Ratan Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 18 August 1992 (34+ years old) and is registered under CIN U33100MH1992PTC068199.
Ratan Corporation has 2 current directors:
- Ratanchand Lunawat - Managing Director
- Shyam Lunawat Ratanchand - Director
The latest financial statements of Ratan Corporation 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 Ratan Corporation is 27AAACM2705M2ZG, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ratan Corporation is U33100MH1992PTC068199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratan Corporation has 21 court cases on record: 15 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Ratan Corporation was incorporated on 18 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Ratan Corporation has 1 deal on record (1 acquisition); the latest was in April 2011.
Shyam Lunawat Ratanchand was appointed as Director on 23 May 2011. Ashokkumar Virambhai Patel ceased to be Wholetime Director on 23 May 2008. Virambhai Parshotamdas Patel ceased to be Director on 23 May 2008. Ratan Corporation has 4 board changes on record in total.
Yes, Ratan Corporation is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0053019).

