- #763 Achal Anil Bakeri & family ₹4,100 Cr

Rowenta Networks Private Limited
About Rowenta Networks Private Limited
Data last updated:
Rowenta Networks Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 17 November 1988 and has been in existence for over 38 years.
Its director Achal Anil Bakeri and family are #763 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ1988PTC011523. Its GSTIN is 24AACCS8734L1Z0 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Achal Anil Bakeri and Rupa Achal Bakeri.
Its last annual general meeting (AGM) was held on 26 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 ₹350.58 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹110.66 Cr (net margin 31.6%) and EBITDA of ₹131.01 Cr (EBITDA margin 37.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 69% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Rowenta Networks has one previous CIN (Corporate Identification Number): U29309GJ1988PTC011523. The current CIN is U51100GJ1988PTC011523, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100GJ1988PTC011523 | Current |
| U29309GJ1988PTC011523 | Previous |
Recognitions & Rankings of Rowenta Networks
Contact details
Rowenta Networks Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 303 Magnifico Opp. Avlon Hotel Nr. Auda Garden Bodak, Dev, Ahmedabad, Gujarat, India – 380054
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Rowenta Networks 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 Rowenta Networks 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 Rowenta Networks Private Limited, buy the company report.
Financials of Rowenta Networks Private Limited
FY 2025 filings availableRowenta Networks Private Limited reported revenue of ₹350.58 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA fell 62% 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 | ₹131.01 Cr | ||||
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| Net Profit (PAT) | ₹110.66 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 37.4% | ||||
| Net Profit Margin | 31.6% | ||||
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To see the full financial statements and ratios of Rowenta Networks Private Limited, buy the company report.
Board of directors of Rowenta Networks Private Limited
Rowenta Networks has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Achal Anil Bakeri | Director | 05 Dec 2024 | 1 Years 11 Months | Current |
| Rupa Achal Bakeri Also directs: Parkside Enterprises LLP, Scarlet Living Private Limited, Blubay Technologies Private Limited and 2 more | Director | 05 Dec 2024 | 1 Years 11 Months | Current |
Auditor
Rowenta Networks Private Limited is audited by Dhaval S. Acharya & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhaval S. Acharya & Co | FY 2022 | 129941W |
Shareholding
The shareholding of Rowenta Networks 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 Rowenta Networks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2025 | 101145330 | Others | ₹50 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Rowenta Networks Private Limited has 1 court case on record: 1 filed by Rowenta Networks. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
To see the full case history of Rowenta Networks 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 Rowenta Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rowenta Networks Private Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Rowenta Networks has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS8734L1Z0 | Gujarat | Active | 23 Sep 2020 |
To see the full GST registrations and return filing status of Rowenta Networks Private Limited, buy the company report.
Recent activity
Rowenta Networks Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Achal Anil Bakeri ceased to be Additional Director on 25 Sep 2025.
Frequently asked questions
Rowenta Networks is an active private limited company based in Ahmedabad, Gujarat, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 17 November 1988 (38+ years old) and is registered under CIN U51100GJ1988PTC011523.
Rowenta Networks has 2 current directors:
- Achal Anil Bakeri - Director
- Rupa Achal Bakeri - Director
The latest financial statements of Rowenta Networks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rowenta Networks is 24AACCS8734L1Z0, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rowenta Networks is U51100GJ1988PTC011523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rowenta Networks has 1 court case on record: 1 filed by the company.
Rowenta Networks was incorporated on 17 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Achal Anil Bakeri ceased to be Additional Director on 25 Sep 2025. Rupa Achal Bakeri ceased to be Additional Director on 25 Sep 2025. Gautambhai Prabhudas Patel ceased to be Director on 06 Dec 2024. Rowenta Networks has 8 board changes on record in total.
The registered office of Rowenta Networks is at Office No. 303 Magnifico Opp. Avlon Hotel Nr. Auda Garden Bodak, Dev, Ahmedabad, Gujarat, India – 380054.
Rowenta Networks operates in the food and beverages industry, in the food and beverage retail and distribution segment.

