Ref Masters Private Limited
About Ref Masters Private Limited
Data last updated:
Ref Masters Private Limited is a private limited company based in Delhi, India. It operates in the tobacco products segment of the food and beverages sector. It was incorporated on 07 August 2023.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52219DL2023PTC418204. Its GSTIN is 07AAMCR8985N1Z6 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Amit Sethi (Managing Director) and Narendra Kumar Sethi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E 35 3rd Floor Block E Mangolpuri Industrial Area, Phase – II New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.16 Lakh. For the same year it recorded a net loss of ₹24.94 Lakh (net margin -28.6%) and EBITDA of ₹10.61 Lakh (EBITDA margin 12.2%).
As per MCA filings, the company has open charges of ₹16.35 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
Company details
Contact details
Ref Masters Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE 35 3rd Floor Block E Mangolpuri Industrial Area, Phase – II New Delhi, Delhi, India – 110034
- IndustryFood And Beverages, Tobacco, Beverages, Retailors, Food Retail
To see the full contact details of Ref Masters 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 Ref Masters is transportation and storage. In detail, this covers land transport and transport via pipelines.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 49 | Land transport and transport via pipelines |
To see the full business activity and turnover split of Ref Masters Private Limited, buy the company report.
Financials of Ref Masters Private Limited
FY 2025 filings availableRef Masters Private Limited reported revenue of ₹87.16 Lakh for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹10.61 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹24.94 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 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.2% | |
| Net Profit Margin | -28.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Ref Masters Private Limited, buy the company report.
Board of directors of Ref Masters Private Limited
Ref Masters has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Sethi | Managing Director | 07 Aug 2023 | 3 Years 2 Months | Current |
| Narendra Kumar Sethi | Director | 07 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Ref Masters Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (land transport and transport via pipelines), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Darsh Logistics Solution Private Limited | ₹88.94 Lakh (FY 2025) | 10.0% | Navi Mumbai, Maharashtra, India | |||
| BRC Supply Chain Services Private Limited | ₹88.85 Lakh (FY 2024) | 44.0% | Ludhiana, Punjab, India | |||
| Suryavanshi Roadways Private Limited | ₹88.76 Lakh (FY 2024) | -10.0% | Pune, Maharashtra, India | |||
| Penosh Travels and Logistics Private Limited | ₹87.85 Lakh (FY 2025) | -6.0% | Pune, Maharashtra, India | |||
| Trimbakeshwar Logistics India Private Limited | ₹87.68 Lakh (FY 2025) | 64.0% | Bangalore, Karnataka, India | |||
| Ref Masters Private Limitedthis company | ₹87.16 Lakh (FY 2025) | -₹24.94 Lakh | -28.6% | Delhi, India | ||
| Maxpace Relocations Worldwide Private Limited | ₹86.79 Lakh (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Ahcl Trans Logistics Private Limited | ₹86.72 Lakh (FY 2025) | 395.0% | Pardi, Gujarat, India | |||
| Teja Cargo & Logistics (India) Private Limited | ₹86.65 Lakh (FY 2025) | -50.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Zum Zum Transport Services Private Limited | ₹86.2 Lakh (FY 2025) | Batpora, Jammu and Kashmir, India | ||||
| JSW (South) Rail Logistics Private Limited | ₹85.58 Lakh (FY 2025) | 86.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ref Masters Private Limited, buy the company report.
Auditor
Ref Masters Private Limited is audited by Prateek Arora & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Prateek Arora & Co. | FY 2024 | 033665N |
Shareholding
The shareholding of Ref Masters Private Limited is on record for FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ref Masters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2026 | 101379427 | Others | ₹1.49 Cr | Open | |
| 27 Jun 2026 | 101335603 | Axis Bank Limited | ₹69.25 Lakh | Open | |
| 17 Apr 2026 | 101284832 | Axis Bank Limited | ₹1.2 Cr | Open | |
| 17 Apr 2026 | 101286652 | Hdfc Bank Limited | ₹3.47 Cr | Open | |
| 19 Mar 2026 | 101298209 | Hdfc Bank Limited | ₹2.57 Cr | Open |
Total charge records: 12 View all charges
Legal cases
Ref Masters Private Limited has 3 court cases on record: 1 filed by Ref Masters, 2 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jhajjar, Haryana | Motor accident claim | Filed against the company | Pending |
| District court, North West, Delhi | Civil suit | Filed by the company against Ms Devrath Frozen and Food Products Privte Limited | Pending |
| District court, North West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Ref Masters 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 Ref Masters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ref Masters Private Limited has 1 active EPFO establishment as of Mar 20, 2024.
GST
Ref Masters has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCR8985N1Z6 | Delhi | Active | 06 Dec 2024 |
| 06AAMCR8985N1Z8 | Haryana | Active | 17 Oct 2023 |
To see the full GST registrations and return filing status of Ref Masters Private Limited, buy the company report.
Recent activity
Ref Masters Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Amit Sethi was appointed as Managing Director on 07 Aug 2023.
5 earlier events are in the company report.
Frequently asked questions
Ref Masters is an active private limited company based in Delhi, India. The company works in tobacco, within the food and beverages industry. It was incorporated on 07 August 2023 (3+ years old) and is registered under CIN U52219DL2023PTC418204.
Ref Masters has 2 current directors:
- Amit Sethi - Managing Director
- Narendra Kumar Sethi - Director
The latest financial statements of Ref Masters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Ref Masters is 07AAMCR8985N1Z6, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAMCR8985N1Z8 (Haryana).
The CIN (Corporate Identification Number) of Ref Masters is U52219DL2023PTC418204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ref Masters has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending.
Ref Masters was incorporated on 07 August 2023, making it 3+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ref Masters by revenue are Darsh Logistics Solution Private Limited, BRC Supply Chain Services Private Limited, Suryavanshi Roadways Private Limited, Penosh Travels and Logistics Private Limited, Trimbakeshwar Logistics India Private Limited and 5 more, all in the same principal business activity (land transport and transport via pipelines).
Amit Sethi was appointed as Managing Director on 07 Aug 2023. Narendra Kumar Sethi was appointed as Director on 07 Aug 2023.
The registered office of Ref Masters is at E 35 3rd Floor Block E Mangolpuri Industrial Area, Phase – II New Delhi, Delhi, India – 110034.
Ref Masters operates in the food and beverages industry, in the tobacco segment.
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