Ricon Trade Com Private Limited
About Ricon Trade Com Private Limited
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Ricon Trade Com Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 30 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67100GJ2009PTC056467. Its GSTIN is 24AAECR4772K1Z3 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Vandanaben Rakeshkumar Shah and Rakeshkumar Balchandbhai 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 16 Anandnagar Shoping Centre 100 Ft Road Vejalpur, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.1 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹64,442 (net margin 0%) and EBITDA of ₹66,425 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years and 71% over five years.
As per MCA filings, the company has open charges of ₹2.7 Cr and satisfied charges of ₹40 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ricon Trade Com Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16 Anandnagar Shoping Centre 100 Ft Road Vejalpur, Ahmedabad, Gujarat, India – 380051
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Ricon Trade Com 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 Ricon Trade Com 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 Ricon Trade Com Private Limited, buy the company report.
Financials of Ricon Trade Com Private Limited
FY 2025 filings availableRicon Trade Com Private Limited reported revenue of ₹13.1 Cr (up 180% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 71% over five years, including 180% growth in the latest year. EBITDA fell 60% 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 | ₹66,425 | ||||
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| Net Profit (PAT) | ₹64,442 | ||||
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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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| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Ricon Trade Com Private Limited, buy the company report.
Board of directors of Ricon Trade Com Private Limited
Ricon Trade Com has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandanaben Rakeshkumar Shah | Director | 11 Apr 2010 | 16 Years 6 Months | Current |
| Rakeshkumar Balchandbhai Shah Also directs: Jirawala Buildcon LLP, Ricon Batteries Private Limited | Director | 30 Mar 2009 | 17 Years 7 Months | Current |
Auditor
Ricon Trade Com Private Limited is audited by M H ZAVERI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M H ZAVERI & CO | FY 2022 | 127785W |
Shareholding
The shareholding of Ricon Trade Com Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ricon Trade Com Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 May 2025 | 101100680 | Bank of India | ₹1.35 Cr | Open | |
| 05 May 2025 | 101100674 | Bank of India | ₹1.35 Cr | Open | |
| 19 Jun 2012 | 10364638 | Union Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Ricon Trade Com Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ricon Trade Com 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
No delayed payments to MSME suppliers are on our record for Ricon Trade Com Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ricon Trade Com has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECR4772K1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ricon Trade Com Private Limited, buy the company report.
Recent activity
Ricon Trade Com Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Dipikaben Prakashkumar Shah ceased to be Director on 12 Apr 2010.
Frequently asked questions
Ricon Trade Com is an active private limited company based in Ahmedabad, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 30 March 2009 (17+ years old) and is registered under CIN U67100GJ2009PTC056467.
Ricon Trade Com has 2 current directors:
- Vandanaben Rakeshkumar Shah - Director
- Rakeshkumar Balchandbhai Shah - Director
The latest financial statements of Ricon Trade Com 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 Ricon Trade Com is 24AAECR4772K1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Ricon Trade Com is U67100GJ2009PTC056467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ricon Trade Com was incorporated on 30 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dipikaben Prakashkumar Shah ceased to be Director on 12 Apr 2010. Vandanaben Rakeshkumar Shah was appointed as Director on 11 Apr 2010. Rakeshkumar Balchandbhai Shah was appointed as Director on 30 Mar 2009.
The registered office of Ricon Trade Com is at 16 Anandnagar Shoping Centre 100 Ft Road Vejalpur, Ahmedabad, Gujarat, India – 380051.
Ricon Trade Com operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Ricon Trade Com has open charges of ₹2.7 Cr and satisfied charges of ₹40 Lakh as per latest MCA filings.
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