About Raviraj Foils Limited
Data last updated:
Raviraj Foils Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 26 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27203GJ1996PLC029467. Its GSTIN is 24AAACR7333J1ZE (Gujarat). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹21.28 Cr. It is led by directors including Jaydeepsinh Ravubha Vaghela (Managing Director) and Krushnasinh Vanrajsinh Jadeja.
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 Survey No 169 P O Chharodifarm Tal Sanand, Ahmedabad, Gujarat, India – 382170.
As per the financials filed for FY 2025, the company reported a revenue of ₹602.13 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹9.82 Cr (net margin -1.6%) and EBITDA of ₹40.82 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 22% over five years.
The company has about 153 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Raviraj Foils. As per MCA filings, the company has open charges of ₹382.04 Cr and satisfied charges of ₹130.7 Cr on record. Court records list 38 cases involving the company, including 30 filed by the company and 8 filed against it; 2 cases are pending. The company has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹36.68 Cr; the latest was in July 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ravirajfoils.com.
Company details
Contact details
Raviraj Foils Limited's registered office is in Ahmedabad, Gujarat. Its website is ravirajfoils.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No 169 P O Chharodifarm Tal Sanand, Ahmedabad, Gujarat, India – 382170
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Raviraj Foils 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
Raviraj Foils operates one associated brand: Raviraj Foils. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aluminum foils are manufactured for pharmaceutical and flexible packaging sectors. | ravirajfoils.com |
Business activity
The main business activity of Raviraj Foils is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Raviraj Foils Limited, buy the company report.
Financials of Raviraj Foils Limited
FY 2024 filings availableRaviraj Foils Limited reported revenue of ₹602.13 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹40.82 Cr | ||||
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| Net Profit (PAT) | -₹9.82 Cr | ||||
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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 | 6.8% | ||||
| Net Profit Margin | -1.6% | ||||
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To see the full financial statements and ratios of Raviraj Foils Limited, buy the company report.
Board of directors of Raviraj Foils Limited
Raviraj Foils has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krushnasinh Vanrajsinh Jadeja | Director | 26 Mar 2015 | 11 Years 7 Months | Current |
| Rasiklal Gordhandas Acharya | Director | 26 Mar 2015 | 11 Years 7 Months | Current |
| Arunaba Jaydeepsinh Vaghela Also directs: Alucoin Industries Private Limited | Director | 15 Jun 2021 | 5 Years 4 Months | Current |
| Anantsinh Jaydeepsinh Vaghela Also directs: Satyam Aluminium Private Limited, Alucoin Industries Private Limited, Feris Chemicals Private Limited and 1 more | Director | 26 Dec 2013 | 12 Years 10 Months | Current |
| Abhijeetsinh Jaydipsinh Vaghela | Director | 01 Jun 2014 | 12 Years 5 Months | Current |
| Jaydeepsinh Ravubha Vaghela | Managing Director | 26 Apr 1996 | 30 Years 6 Months | Current |
Auditor
Raviraj Foils Limited is audited by CHIRAG R. SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHIRAG R. SHAH & ASSOCIATES | FY 2022 | 118791W |
Shareholding
The shareholding of Raviraj Foils 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 Raviraj Foils Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2025 | 101032036 | Others | ₹1.13 Cr | Open | |
| 19 Apr 2024 | 100905445 | Others | ₹2.1 Cr | Open | |
| 31 Mar 2024 | 100900940 | Others | ₹1.6 Cr | Open | |
| 26 Jul 2023 | 100766567 | Others | ₹128.04 Cr | Open | |
| 22 Sep 2022 | 100622735 | Hdfc Bank Limited | ₹12.05 Cr | Open |
To see the full charge records of Raviraj Foils Limited, buy the company report.
Total charge records: 51 View all charges
Deals & funding
Raviraj Foils Limited has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹36.68 Cr; the latest was in July 2017.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Funding round | ₹29.99 Cr | Investors: an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
To see the full deal history of Raviraj Foils 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
Raviraj Foils Limited has 38 court cases on record: 30 filed by Raviraj Foils, 8 filed against it. 2 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 1 | 1 |
| High courts | 12 | 5 | 0 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Flex Alloys Pvt Ltd and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Adhunik Transport Organisation Ltd | Disposed |
| High Court, TAMIL NADU | Company petition | Filed by the company against Alacrity Electronics Ltd., | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Chartered Carriers Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Adhunik Transport Organisationltd | Disposed |
To see the full case history of Raviraj Foils 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.
Credit ratings & regulatory alerts
Raviraj Foils Limited was last rated by Brickwork on 05 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 05 Feb 2021 |
To see the full credit ratings and regulatory alerts of Raviraj Foils Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Raviraj Foils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Raviraj Foils has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Alucoin Industries Private Limited | U27320GJ2022PTC132268 |
To see the full group structure of Raviraj Foils Limited, buy the company report.
Employees & EPFO
Raviraj Foils Limited has a workforce of 153 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Raviraj Foils has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR7333J1ZE | Gujarat | Active | 01 Jul 2017 |
| 24AAACR7333J2ZD | Gujarat | Active | 10 Jun 2025 |
| 11AAACR7333J1ZL | Sikkim | Active | 01 Jul 2017 |
| 27AAACR7333J1Z8 | Maharashtra | Active | 29 Aug 2018 |
To see the full GST registrations and return filing status of Raviraj Foils Limited, buy the company report.
Recent activity
Raviraj Foils Limited has 19 board changes on record since 1996: 8 appointments and 11 cessations. The latest: Disha Ansukhlal Unadkat ceased to be Additional Director on 24 Sep 2025.
102 earlier events are in the company report.
Frequently asked questions
Raviraj Foils is an active public limited company based in Ahmedabad, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 26 April 1996 (30+ years old) and is registered under CIN U27203GJ1996PLC029467.
Raviraj Foils has 8 current directors:
- Jaydeepsinh Ravubha Vaghela - Managing Director
- Krushnasinh Vanrajsinh Jadeja - Director
- Rasiklal Gordhandas Acharya - Director
- Arunaba Jaydeepsinh Vaghela - Director
- Anantsinh Jaydeepsinh Vaghela - Director
- Abhijeetsinh Jaydipsinh Vaghela - Director
- Ravirajsinh Bharatsinh Chudasama - Director
- Disha Ansukhlal Unadkat - Director
The latest financial statements of Raviraj Foils 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 Raviraj Foils is 24AAACR7333J1ZE, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AAACR7333J2ZD (Gujarat), 11AAACR7333J1ZL (Sikkim), 27AAACR7333J1Z8 (Maharashtra).
The CIN (Corporate Identification Number) of Raviraj Foils is U27203GJ1996PLC029467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raviraj Foils has 38 court cases on record: 30 filed by the company and 8 filed against it. 2 are pending. Most are in the district courts.
Raviraj Foils was incorporated on 26 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Raviraj Foils has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹36.68 Cr; the latest was in July 2017.
Disha Ansukhlal Unadkat ceased to be Additional Director on 24 Sep 2025. Ravirajsinh Bharatsinh Chudasama ceased to be Additional Director on 24 Sep 2025. Disha Ansukhlal Unadkat was appointed as Director on 25 Jun 2025. Raviraj Foils has 19 board changes on record in total.
Raviraj Foils can be reached through the website ravirajfoils.com. Its registered office is in Ahmedabad, Gujarat, India.
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