About Ronak Circuits Private Limited
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Ronak Circuits Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 07 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31200GJ2011PTC068122. Its GSTIN is 24AAFCR5892K1ZV (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Reenaben Maheshbhai Raval and Mahesh Arunbhai Raval.
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 A/67 Electronics Estate GIDC Gnr Gandhinagar, Gujarat, India – 382025.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.76 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹10.18 Lakh (net margin 5.8%) and EBITDA of ₹24.55 Lakh (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ronak Circuits. As per MCA filings, the company has open charges of ₹86.46 Lakh and satisfied charges of ₹82.7 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in February 2015. Its 10 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Casol Systems Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ronakcircuits.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA/67 Electronics Estate GIDC Gnr Gandhinagar, Gujarat, India – 382025
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Ronak Circuits Private Limited
The main business activity of Ronak Circuits is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ronak Circuits Private Limited FY 2025 filings available
Ronak Circuits Private Limited reported revenue of ₹1.76 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ronak Circuits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 14% growth in the latest year. EBITDA fell 17% 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 of Ronak Circuits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹24.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.18 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 of Ronak Circuits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ronak Circuits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ronak Circuits Private Limited
Ronak Circuits Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Casol Systems Private Limited | •••• | •••• | •••• | •••• | - | Egmore Nungambakka, Tamil Nadu, India |
| Fortran Cirkit Electronics Private Limited | •••• | •••• | •••• | •••• | - | Chennai - 600096, Tamil Nadu, India |
| Greentronics Design Labs India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Aviconn Solutions Private Limited | •••• | •••• | •••• | •••• | - | Air Force, Haryana, India |
| Hrdwyr Ventures Private Limited | •••• | •••• | •••• | •••• | 13 | Bangalore North, Karnataka, India |
| Ronak Circuits Private Limited this company | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Xtremesilica Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Moburban Global Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| D.D. Electronic Equipments Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Diac Labs Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Graymatics India Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru South, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ronak Circuits by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ronak Circuits Private Limited
Ronak Circuits Private Limited is audited by RONENJOSHIRAJESHKUMAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RONENJOSHIRAJESHKUMAR | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ronak Circuits Private Limited
Ronak Circuits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reenaben Maheshbhai Raval | Director | 07 Dec 2011 | 14 Years 10 Months | Current |
| Mahesh Arunbhai Raval Also directs: As & R Circuits India Private Limited | Director | 07 Dec 2011 | 14 Years 10 Months | Current |
Ownership and Shareholding of Ronak Circuits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ronak Circuits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2012 | Others | ₹86.46 Lakh | Open |
| 20 Apr 2020 | Others | ₹9.9 Lakh | Satisfied |
| 14 Feb 2017 | Vijaya Bank | ₹4.8 Lakh | Satisfied |
| 04 Apr 2012 | Vijaya Bank | ₹68 Lakh | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Ronak Circuits Private Limited
Ronak Circuits Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in February 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2015 | Rights issue | ₹9 Lakh | Investors: 3 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ronak Circuits Private Limited
Ronak Circuits Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Rachna Air Components Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Ronak Circuits Private Limited
Ronak Circuits operates one associated brand: Ronak Circuits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| PCB manufacturing and services for electronics industries in India. | ronakcircuits.com |
Employees and EPFO Compliance at Ronak Circuits Private Limited
Ronak Circuits Private Limited has a workforce of 20 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ronak Circuits Private Limited
Ronak Circuits Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Kunal Maheshkumar Raval ceased to be Director on 22 Aug 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ronak Circuits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ronak Circuits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ronak Circuits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ronak Circuits Private Limited
Ronak Circuits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCR5892K1ZV | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ronak Circuits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ronak Circuits Private Limited
Ronak Circuits is an active private limited company based in Gandhinagar, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 07 December 2011 (15+ years old) and is registered under CIN U31200GJ2011PTC068122.
Ronak Circuits reported revenue of ₹1.76 Cr for FY 2024 (up 14% YoY).
Ronak Circuits has 2 current directors:
- Reenaben Maheshbhai Raval - Director
- Mahesh Arunbhai Raval - Director
Ronak Circuits reported a net profit of ₹10.18 Lakh (net margin 5.8%) and EBITDA of ₹24.55 Lakh (EBITDA margin 13.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ronak Circuits is 9% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ronak Circuits is 24AAFCR5892K1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Ronak Circuits is U31200GJ2011PTC068122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ronak Circuits has 3 court cases on record: 3 filed against it. 1 is pending.
Ronak Circuits was incorporated on 07 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ronak Circuits has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in February 2015.
The peers of Ronak Circuits by revenue are Casol Systems Private Limited, Fortran Cirkit Electronics Private Limited, Greentronics Design Labs India Private Limited, Aviconn Solutions Private Limited, Hrdwyr Ventures Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).