About Rational Handloom Company Private Limited
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Rational Handloom Company Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 31 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1997PTC106981. Its GSTIN is 24AABCR6496D1ZC (Gujarat).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.37 Cr. It is led by directors Sunita Lalitkumar Mehta and Veer Mehta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹610.85 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹95.78 Lakh (net margin 0.2%) and EBITDA of ₹8.17 Cr (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
The company has about 365 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52.65 Cr and satisfied charges of ₹154.53 Cr on record. Court records list 15 cases involving the company, including 1 filed by the company and 14 filed against it; 1 case is pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹22.26 Cr; the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nationalhandloomcorp.com.
Company details
Contact details
Rational Handloom Company Private Limited's registered office is in Mumbai, Maharashtra. Its website is nationalhandloomcorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 4 Floor – G 2 Mahatma Cottage, Sane Guruji Marg Kasturba Hospital, Mumbai, Maharashtra, India – 400011
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Rational Handloom Company 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 Rational Handloom Company is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Rational Handloom Company Private Limited, buy the company report.
Financials of Rational Handloom Company Private Limited
FY 2024 filings availableRational Handloom Company Private Limited reported revenue of ₹610.85 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 1% fall in the latest year. EBITDA fell 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.17 Cr | ||||
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| Net Profit (PAT) | ₹95.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Rational Handloom Company Private Limited, buy the company report.
Board of directors of Rational Handloom Company Private Limited
Rational Handloom Company 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 |
|---|---|---|---|---|
| Sunita Lalitkumar Mehta Also directs: Vraj Retail India Private Limited | Director | 31 Mar 1997 | 29 Years 7 Months | Current |
| Veer Mehta Also directs: Vraj Retail India Private Limited | Director | 02 Jan 2023 | 3 Years 10 Months | Current |
Auditor
Rational Handloom Company Private Limited is audited by SUBHASH PARAKH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBHASH PARAKH & CO | FY 2023 | 114259W |
Shareholding
The shareholding of Rational Handloom Company Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rational Handloom Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2025 | 101193939 | Hdfc Bank Limited | ₹1.65 Cr | Open | |
| 31 Jan 2024 | 100863913 | Others | ₹10 Cr | Open | |
| 31 Jan 2024 | 100863914 | Others | ₹41 Cr | Open | |
| 03 Jun 2022 | 100579353 | State Bank of India | ₹10 Cr | Satisfied | |
| 04 Feb 2014 | 10476388 | Small Industries Development Bank of India(Sidbi) | ₹9.5 Cr | Satisfied |
To see the full charge records of Rational Handloom Company Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Rational Handloom Company Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹22.26 Cr; the latest was in March 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Funding round | ₹10.51 Cr | Investors: Imperial Creation Private Limited, Magenta Nirman Private Limited , 2 individuals |
| Mar 2012 | Funding round | ₹5.25 Cr | Investors: Magenta Nirman Private Limited |
| Jul 2010 | Funding round | ₹6.5 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rational Handloom Company Private Limited has 15 court cases on record: 1 filed by Rational Handloom Company, 14 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 8 | 0 |
| District courts | 6 | 6 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Oriental Insurance Co. Ltd. and Ors | Disposed |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by individuals | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Rational Handloom Company 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 Rational Handloom Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rational Handloom Company Private Limited has a workforce of 365 employees on its EPFO records as of Mar 22, 2024, across 2 active EPFO establishments.
GST
Rational Handloom Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCR6496D1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rational Handloom Company Private Limited, buy the company report.
Recent activity
Rational Handloom Company Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Jyoti Prabha Mehta ceased to be Director on 30 Jun 2023.
24 earlier events are in the company report.
Frequently asked questions
Rational Handloom Company is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 31 March 1997 (29+ years old) and is registered under CIN U99999MH1997PTC106981.
Rational Handloom Company has 2 current directors:
- Sunita Lalitkumar Mehta - Director
- Veer Mehta - Director
The latest financial statements of Rational Handloom Company 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 Rational Handloom Company is 24AABCR6496D1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Rational Handloom Company is U99999MH1997PTC106981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rational Handloom Company has 15 court cases on record: 1 filed by the company and 14 filed against it. 1 is pending. Most are in the high courts.
Rational Handloom Company was incorporated on 31 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Rational Handloom Company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹22.26 Cr; the latest was in March 2023.
Jyoti Prabha Mehta ceased to be Director on 30 Jun 2023. Veer Mehta was appointed as Director on 02 Jan 2023. Lalit Mehta ceased to be Director on 04 Dec 2022. Rational Handloom Company has 4 board changes on record in total.
Rational Handloom Company can be reached through the website nationalhandloomcorp.com. Its registered office is in Mumbai, Maharashtra, India.
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