- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0092200

About Rich Colors Private Limited
Data last updated:
Rich Colors Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 10 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24222GJ2008PTC054451. Its GSTIN is 24AAECR0603D1Z4 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Niral Shah Sudhirbhai and Shalin Ashok Shah.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.32 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹40.2 Lakh (net margin 1.1%) and EBITDA of ₹1.09 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.
The company is associated with 1 brand: Rich Colors Private Limited. As per MCA filings, the company has open charges of ₹2.45 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2012. Its 5 peer companies in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 4 smaller; the largest is Panam Biochem India Private Limited with revenue of ₹36.33 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
Rich Colors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0092200). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website richcolors.in.
Company details
Recognitions & Rankings of Rich Colors
Contact details
Rich Colors Private Limited's registered office is in Ahmedabad, Gujarat. Its website is richcolors.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No: 206 T.P.S. No: 431 F.P. No: 30 Behind Transport Nagar Nr Hiramani Estat, E Aslali, Ahmedabad, Gujarat, India – 382427
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Rich Colors 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
Brands
Rich Colors operates one associated brand: Rich Colors Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplying chemical raw materials and distribution services in India. | richcolors.in |
Business activity
The main business activity of Rich Colors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rich Colors Private Limited, buy the company report.
Financials of Rich Colors Private Limited
FY 2025 filings availableRich Colors Private Limited reported revenue of ₹36.32 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 33% growth in the latest year. EBITDA rose 8% 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 | ₹1.09 Cr | ||||
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| Net Profit (PAT) | ₹40.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Rich Colors Private Limited, buy the company report.
Board of directors of Rich Colors Private Limited
Rich Colors has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niral Shah Sudhirbhai Also directs: Roland Polysurf Private Limited | Director | 10 Jul 2008 | 18 Years 4 Months | Current |
| Shalin Ashok Shah Also directs: Roland Polysurf Private Limited, Reena Organics Private Limited, Vibrant Ecoplast LLP and 3 more | Director | 31 Jan 2013 | 13 Years 9 Months | Current |
| Reena Shalin Shah Also directs: Roland Polysurf Private Limited, Reena Organics Private Limited | Director | 10 Jul 2008 | 18 Years 4 Months | Current |
Peer comparison
Rich Colors Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panam Biochem India Private Limited | ₹36.33 Cr (FY 2025) | 12.0% | Bangalore, Karnataka, India | |||
| Rich Colors Private Limitedthis company | ₹36.32 Cr (FY 2025) | ₹40.2 Lakh | 1.1% | 33.0% | Ahmedabad, Gujarat, India | |
| Petroline India Private Limited | ₹36.26 Cr (FY 2025) | 218.0% | Delhi, India | |||
| Y S T Fragrances Private Limited | ₹36.16 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Raja Paints India Private Limited | ₹36.13 Cr (FY 2025) | 5.0% | Gurgaon, Haryana, India | |||
| Rakesh Kumar Ramesh Chandra Chemicals Private Limited | ₹36.1 Cr (FY 2024) | -18.0% | Uttar Pradesh, India |
To see the full peer comparison of Rich Colors Private Limited, buy the company report.
Auditor
Rich Colors Private Limited is audited by Keyur R Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Keyur R Shah & Co. | FY 2023 | 0142402W |
Shareholding
The shareholding of Rich Colors 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 Rich Colors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2020 | 100364669 | Others | ₹19.7 Lakh | Open | |
| 27 Jun 2013 | 10439795 | Axis Bank Limited | ₹2.25 Cr | Open |
To see the full charge records of Rich Colors Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Rich Colors Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Rich Colors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Rich Colors Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Rich Colors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Rich Colors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECR0603D1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rich Colors Private Limited, buy the company report.
Recent activity
Rich Colors Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Niral Shah Sudhirbhai ceased to be Director on 20 Mar 2020.
1 earlier event is in the company report.
Frequently asked questions
Rich Colors is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 10 July 2008 (18+ years old) and is registered under CIN U24222GJ2008PTC054451.
Rich Colors has 3 current directors:
- Niral Shah Sudhirbhai - Director
- Shalin Ashok Shah - Director
- Reena Shalin Shah - Director
The latest financial statements of Rich Colors 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 2015 are in the company report.
The GSTIN of Rich Colors is 24AAECR0603D1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Rich Colors is U24222GJ2008PTC054451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rich Colors was incorporated on 10 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rich Colors has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
The peers of Rich Colors by revenue are Panam Biochem India Private Limited, Petroline India Private Limited, Y S T Fragrances Private Limited, Raja Paints India Private Limited, Rakesh Kumar Ramesh Chandra Chemicals Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Niral Shah Sudhirbhai ceased to be Director on 20 Mar 2020. Reena Shalin Shah ceased to be Director on 20 Mar 2020. Shalin Ashok Shah ceased to be Director on 20 Mar 2020. Rich Colors has 7 board changes on record in total.
Yes, Rich Colors is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0092200).
Rich Colors has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 May 2019.
Rich Colors can be reached through the website richcolors.in. Its registered office is in Ahmedabad, Gujarat, India.

