Rayex (India) Limited
About Rayex (India) Limited
Data last updated:
Rayex (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 23 January 1965 and has been in existence for over 61 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1965PLC013114.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Gokul Mehta Krishnakumar and Mihir Rameshchandra Mehta.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sasmira Building16 Annie Basent Road Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.89 Lakh. For the same year it recorded a net loss of ₹400 (net margin -0.2%) and EBITDA of -₹1.79 Lakh (EBITDA margin -94.6%).
Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Rayex (India) has one previous CIN (Corporate Identification Number): L51900MH1965PLC013114. The current CIN is U51900MH1965PLC013114, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1965PLC013114 | Current |
| L51900MH1965PLC013114 | Previous |
Contact details
Rayex (India) Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSasmira Building16 Annie Basent Road Worli, Mumbai, Maharashtra, India – 400030
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Rayex (India) 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 Rayex (India) Limited
FY 2025 filings availableRayex (India) Limited reported revenue of ₹1.89 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.89 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.79 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹400 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -94.6% | ||
| Net Profit Margin | -0.2% | ||
| 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 Rayex (India) Limited, buy the company report.
Board of directors of Rayex (India) Limited
Rayex (India) has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gokul Mehta Krishnakumar | Director | 27 Sep 2013 | 13 Years 0 Months | Current |
| Mihir Rameshchandra Mehta | Director | 27 Sep 2005 | 21 Years 0 Months | Current |
| Bharat Shamji Parekh Also directs: Synthetic and Art Silk Mills Association Limited | Director | 29 Sep 2006 | 20 Years 0 Months | Current |
| Rohit Chhotalal Patel | Director | 19 Jun 2013 | 13 Years 4 Months | Current |
| Viresh Tansukhlal Kamdar | Director | 26 Sep 2018 | 8 Years 1 Months | Current |
| Kapil Ajaykumar Shorewala | Director | 26 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Rayex (India) Limited is audited by R. A. SHETH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. A. SHETH & ASSOCIATES | FY 2017 | 113270W |
Shareholding
The shareholding of Rayex (India) Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rayex (India) Limited, buy the company report.
Legal cases
Rayex (India) Limited has 6 court cases on record: 3 filed by Rayex (India), 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (OAR) | Filed by the company against an individual | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company | Disposed |
| Madras High Court | Appeal | Filed against the company | Disposed |
| Bombay High Court | Court case (INPT) | Filed by the company against an individual | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax, Bombay | Disposed |
To see the full case history of Rayex (India) 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 Rayex (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Rayex (India) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rayex (India) Limited has 19 board changes on record since 2005: 7 appointments and 12 cessations. The latest: Maganlal Harilal Doshi ceased to be Director on 09 Nov 2023.
10 earlier events are in the company report.
Frequently asked questions
Rayex (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in specialty, within the trading industry. It was incorporated on 23 January 1965 (61+ years old) and is registered under CIN U51900MH1965PLC013114.
Rayex (India) has 7 current directors:
- Gokul Mehta Krishnakumar - Director
- Mihir Rameshchandra Mehta - Director
- Bharat Shamji Parekh - Director
- Rohit Chhotalal Patel - Director
- Viresh Tansukhlal Kamdar - Director
- Kapil Ajaykumar Shorewala - Director
- Smita Yeole Ajay - Director
The latest financial statements of Rayex (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rayex (India) is U51900MH1965PLC013114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rayex (India) has 6 court cases on record: 3 filed by the company and 3 filed against it.
Rayex (India) was incorporated on 23 January 1965, making it 61+ years old. It is registered with the Registrar of Companies, Mumbai.
Maganlal Harilal Doshi ceased to be Director on 09 Nov 2023. Kaval Omprakash Mehra ceased to be Director on 06 Sep 2022. Trambaklal Dalpatbhai Shah ceased to be Director on 28 Apr 2021. Rayex (India) has 19 board changes on record in total.
The registered office of Rayex (India) is at Sasmira Building16 Annie Basent Road Worli, Mumbai, Maharashtra, India – 400030.
Rayex (India) operates in the trading industry, in the specialty segment.
The compliance status of Rayex (India) is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.