Ronak Radiators Private Limited - Company Profile

It is a machinery and equipment private limited company based in Vadodara, Gujarat, India, established in 1981.
1981 Vadodara, Gujarat, India Active
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About Ronak Radiators Private Limited

Ronak Radiators Private Limited, a active private limited company, was established on 02 July 1981 in Vadodara, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U74999GJ1981PTC004466. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹2.00 M.

Formerly known as Maxtronix Private Limited. It upholds a compliant status. Employing 13 professional, Its leadership includes Ronak Satishkumar Panchal (Director), Satishbhai Ratilal Panchal (Director), Smitaben Shaileshbhai Panchal (Director). Past directors included Savitaben Manubhai Shah, Rita Vidhan Shah, Ronak Satishkumar Panchal. It holds ₹8.01 Cr open charges and ₹7.40 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at A1-974/3, Gidc, Makarpura,, Vadodara, Gujarat, 390010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74999GJ1981PTC004466

  • Registration Number

    004466

  • Incorporation Date

    02 July 1981

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 44 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.01 Cr
  • Satisfied Charges ₹ 7.40 M
  • Revenue Growth **** 24.19%
  • Profit Growth **** 25.31%
  • Ebitda **** 11.43%
  • Net Worth 23.59%
  • Total Assets **** 52.34%
Company report

Ronak Radiators Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ronak Radiators Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ronak Radiators Private Limited?
Current Directors
Name Designation Appointment Date Status
Ronak Satishkumar Panchal Director 14 May 2016 Current
Satishbhai Ratilal Panchal Director 19 Apr 2007 Current
Smitaben Shaileshbhai Panchal Director 19 Apr 2007 Current
Ilaxiben Satishbhai Panchal Director 19 Apr 2007 Current
Shaileshkumar Ratilal Panchal Director 19 Apr 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Oct 2007 Past
Pramod Abcsdd Director 15 Oct 2007 Past
Pramod Abcsdd Additional Director 30 Sep 2016 Past
Pramod Abcsdd Director 15 Oct 2007 Past
Pramod Abcsdd Director 13 May 2016 Past

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Financial Performance of Ronak Radiators.

Ronak Radiators Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.19% increase. The company also saw a substantial improvement in profitability, with a 25.31% increase in profit. The company's net worth Soared by an impressive increase of 23.59%.

Ronak Radiators revenue growth over time
Ronak Radiators profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 24.19%
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Revenue from Operations
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 24.20%
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Total Assets
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 52.34%
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*******
Profit or Loss
*******
 25.31%
*******
*******
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Net Worth
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 23.59%
*******
*******
*******
*******
EBITDA
*******
 11.43%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ronak Radiators?

Unlock access to Ronak Radiators's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹80,125,029.00

Satisfied Charges

₹7,400,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 7.11 Cr
  • Others : 0.90 Cr
Latest Charge Details
Date Lender Amount Status
06 Dec 2025 Hdfc Bank Limited ₹2.83 M Open
28 Jul 2025 Others ₹9.00 M Open
08 Dec 2023 Hdfc Bank Limited ₹6.83 Cr Open
23 Oct 2007 State Bank Of India ₹7.40 M Satisfied

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How Many Employees Work at Ronak Radiators?

Ronak Radiators has a workforce of 13 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ronak Radiators, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ronak Radiators's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ronak Radiators
Recent Activity within the Organization
  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 2.83 M with Charge ID 101195899 was registered on 06 Dec 2025. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 68.30 M registered on 08 Dec 2023 with Charge ID 100833713 was modified on 03 Oct 2025. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 9.00 M with Charge ID 101160688 was registered on 28 Jul 2025. was recorded as a recent event.

  • Annual General Meeting

    Ronak Radiators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Ronak Radiators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 23 Oct 2007 via Charge ID 10078759 with State Bank Of India was fully satisfied on 17 Dec 2023. was documented.

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Frequently Asked Questions
What is the CIN of Ronak Radiators Private Limited?

The CIN of Ronak Radiators Private Limited is U74999GJ1981PTC004466.

Where is Ronak Radiators Private Limited headquartered?

Ronak Radiators Private Limited is headquartered at A1-974/3, Gidc, Makarpura,, Vadodara, Gujarat, 390010.

When was Ronak Radiators Private Limited incorporated?

Ronak Radiators Private Limited was incorporated on 02 July 1981.

Who are the current directors of Ronak Radiators Private Limited?

The current directors of Ronak Radiators Private Limited are

What is the primary industry of Ronak Radiators Private Limited?

The primary industry of Ronak Radiators Private Limited is Manufacturing.

Is Ronak Radiators Private Limited a listed company?

Ronak Radiators Private Limited is unlisted.

What is the capital structure of Ronak Radiators Private Limited?

The authorized capital of Ronak Radiators Private Limited is ₹2.00 M, and the paid-up capital is ₹2.00 M.

What is the compliance status of Ronak Radiators Private Limited?

The compliance status of Ronak Radiators Private Limited is Compliant.

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