Rubamin Private Limited

Rubamin Private Limited - metals and minerals in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U24299GJ1987PTC009942 Incorporated 01 September 1987 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2025
₹1,753.06 Cr
▼ 6% YoY
Net profit · FY 2025
₹137.96 Cr
Net margin 7.9%
EBITDA · FY 2025
₹291.91 Cr
EBITDA margin 16.7%
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹72.48 Cr
Issued & subscribed
Open charges
₹2,294.44 Cr
Satisfied ₹457.82 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
830
Provident fund records

About Rubamin Private Limited

Data last updated:

Rubamin Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 01 September 1987 and has been in existence for over 39 years.

Its director Atul Nandkishore Dalmia and family are #263 among India's richest people (2026). Its director Anil Ramanbhai Patel and family are #394 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24299GJ1987PTC009942. Its GSTIN is 24AAACR8758H1Z4 (Gujarat). The company holds 7 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹72.48 Cr. It was formerly known as Rubamin Limited. It is led by directors including Anil Ramanbhai Patel (Managing Director) and Atul Nandkishore Dalmia (Managing Director).

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 Vadodara, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,753.06 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹137.96 Cr (net margin 7.9%) and EBITDA of ₹291.91 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.

The company has about 830 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Rubamin. As per MCA filings, the company has open charges of ₹2,294.44 Cr and satisfied charges of ₹457.82 Cr on record. Court records list 182 cases involving the company, including 82 filed by the company and 100 filed against it; 30 cases are pending. The company has 23 deals on record (19 secondary share transfers, 4 funding rounds), with disclosed funding of ₹82.03 Cr; the latest was in March 2018. The company has 21 MSME Form 1 returns on record between 2019 and 2024, listing 4,312 overdue payments to 426 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rubamin.com.

Company details

CIN U24299GJ1987PTC009942
Registration Number 009942
Incorporation Date 01 September 1987
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Name history

Rubamin has undergone 2 name changes throughout its history. The company was previously known as Rubamin Private Limited, and Rubamin Limited. The current legal name is Rubamin Private Limited.

Company NameStatus
Rubamin Private LimitedCurrent
Rubamin LimitedPrevious

CIN history

Rubamin has one previous CIN (Corporate Identification Number): U24299GJ1987PLC009942. The current CIN is U24299GJ1987PTC009942, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24299GJ1987PTC009942Current
U24299GJ1987PLC009942Previous
Key People
Anil Ramanbhai Patel Managing Director Atul Nandkishore Dalmia Managing Director Bhuwan Purohit Whole-Time Director

Recognitions & Rankings of Rubamin

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#437
Valuation
₹11,360 Cr

Contact details

Rubamin Private Limited's registered office is in Vadodara, Gujarat. Its website is rubamin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    rubamin.com
  • Social Media
  • Registered Address
    Ark 04th Floor Subplot No1 Of Plot No A/27 28 & B/ 29 – 32 Part Shri Krishna Ind Estate Opp B, Idc Gorwa, Vadodara, Gujarat, India – 390016
  • Industry
    Metals and Minerals, Other Metals & Minerals

To see the full contact details of Rubamin Private Limited, buy the company report.

Comprehensive company report
Rubamin Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Brands

Rubamin operates one associated brand: Rubamin. Each brand links to its own profile.

BrandDescriptionWebsite
Rubamin
Provider of a leading company that specializes in the advanced recycling of critical metals from process wastes at industrial scale, utilizing acre green recycling complex to produce a range of zinc and catalyst productsrubamin.com

Business activity

The main business activity of Rubamin is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and metal and metal products. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Rubamin Private Limited, buy the company report.

Financials of Rubamin Private Limited

FY 2025 filings available

Rubamin Private Limited reported revenue of ₹1,753.06 Cr (down 6% YoY) for FY 2025.

Revenue · FY 2025
₹1,753.06 Cr ▼ 6%
Net profit · FY 2025
₹137.96 Cr margin 7.9%
EBITDA · FY 2025
₹291.91 Cr margin 16.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 2%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 15%
5 years · compounded
▼ 1%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 9% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1,753.06 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹291.91 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹137.96 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin16.7%
Net Profit Margin7.9%
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

To see the full financial statements and ratios of Rubamin Private Limited, buy the company report.

Board of directors of Rubamin Private Limited

Rubamin has 8 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anil Ramanbhai Patel
Also directs: Vulcanis LLP, Rubamin Kepler Private Limited, Kepler Resources Private Limited and 5 more
Managing Director01 Jul 201115 Years 3 MonthsCurrent
Bhuwan Purohit
Also directs: Kepler Resources Private Limited, Better Re Projects Two LLP, Fawkes Energy Private Limited
Whole-Time Director10 Mar 20179 Years 7 MonthsCurrent
Soumitra PurkayasthaDirector26 Jun 20233 Years 4 MonthsCurrent
Priyanka Phirojsha Irani
Also directs: Skywalker Investment Advisors Private Limited
Director26 Jun 20233 Years 4 MonthsCurrent
Milin Kaimas Mehta
Also directs: K C Mehta & Co LLP, Deepak Nitrite Limited, Sudeep Pharma Limited and 5 more
Director01 Dec 20187 Years 10 MonthsCurrent
Ranjit Singh
Also directs: Va Tech Wabag Limited, Polyplex Corporation Limited, Shaily Engineering Plastics Limited and 5 more
Director28 Nov 20223 Years 11 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Rubamin Private Limited is audited by BSR & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
BSR & AssociatesFY 2025116231W

Shareholding

The shareholding of Rubamin Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Rubamin Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2,294.44 Cr
Satisfied charges
₹457.82 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹2,254.86 Cr
Standard Chartered Bank₹39.58 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Jan 2024100859176Standard Chartered Bank₹39.58 CrOpen
09 Sep 200810123498Sbicap Trustee Company Limited₹1,127.43 CrOpen
05 Jan 200710033604Sbicap Trustee Company Limited₹1,127.43 CrOpen
28 Nov 2022100654991State Bank of India₹24.5 CrSatisfied
16 Jun 201410508461State Bank of India₹13.5 CrSatisfied

To see the full charge records of Rubamin Private Limited, buy the company report.

Total charge records: 18 View all charges

Deals & funding

Rubamin Private Limited has 23 deals on record (19 secondary share transfers, 4 funding rounds), with disclosed funding of ₹82.03 Cr; the latest was in March 2018.

Total deals
23
Secondary share transfers
19
Funding rounds
4
Disclosed funding
₹82.03 Cr

Deals on record (5 of 23)

WhenDealAmountParties
Jan 2014Secondary share transferUndisclosedBuyer: Zincollied (India) Pvt Ltd
Seller: Gyan Holdings Private Limited, Rubamin Igniss Private Limited
Mar 2013Secondary share transferUndisclosedBuyer: Zincollied (India) Pvt Ltd
Seller: an individual
Mar 2013Secondary share transferUndisclosedBuyer: Zincollied (India) Pvt Ltd
Seller: 3 individuals
Jul 2012Secondary share transferUndisclosedBuyer: Zincollied (India) Pvt Ltd
Seller: an individual
May 2012Secondary share transferUndisclosedBuyer: Zincollied (India) Pvt Ltd
Seller: 2 individuals

To see the full deal history of Rubamin Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Rubamin Private Limited was last rated by Care on 23 Dec 2021.

Rating agencyRated onRating
Care23 Dec 2021

To see the full credit ratings and regulatory alerts of Rubamin Private Limited, buy the company report.

MSME payment delays

Rubamin Private Limited has 21 MSME Form 1 returns on record between 2019 and 2024, listing 4,312 overdue payments to 426 micro and small suppliers. 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 (5 of 426)

SupplierAmount dueDue sinceReported on
an individual supplier
Tfi Filtration (India) Private Limited
an individual supplier
an individual supplier
Elmech Engineering & Construction

To see the full MSME payment records of Rubamin Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Rubamin has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Rubamin Kepler Private LimitedU24290GJ2019PTC111141
Kepler Resources Private LimitedU37200GJ2021PTC126063

To see the full group structure of Rubamin Private Limited, buy the company report.

Employees & EPFO

Rubamin Private Limited has a workforce of 830 employees on its EPFO records as of Sep 24, 2025, across 4 active EPFO establishments.

Employee count
830
Active EPFO establishments
4
Employee growth
14.96%

GST

Rubamin has 7 GST registrations: 2 active and 5 cancelled or inactive.

Total GSTINs
7
Active
2
Cancelled / inactive
5
GSTINStateStatusRegistered on
24AAACR8758H1Z4GujaratActive01 Jul 2017
24AAACR8758H1DDGujaratActive30 Dec 2024

To see the full GST registrations and return filing status of Rubamin Private Limited, buy the company report.

Recent activity

Rubamin Private Limited has 31 board changes on record since 2007: 9 appointments and 22 cessations. The latest: Priyanka Phirojsha Irani ceased to be Additional Director on 25 Sep 2023.

AGM
Rubamin Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Rubamin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 1,127.43 Cr registered on 09 Sep 2008 with Charge ID 10123498 was modified on 06 Jan 2025.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 1,127.43 Cr registered on 05 Jan 2007 with Charge ID 10033604 was modified on 26 Dec 2024.
Charges
A charge with Standard Chartered Bank amounted to Rs. 39.58 Cr with Charge ID 100859176 was registered on 11 Jan 2024.
Ceased
Priyanka Phirojsha Irani ceased to be Additional Director.
Ceased
Ranjit Singh ceased to be Additional Director.
Ceased
Soumitra Purkayastha ceased to be Additional Director.
Charges
A charge registered on 28 Nov 2022 via Charge ID 100654991 with State Bank Of India was fully satisfied on 15 Sep 2023.
Appointed
Priyanka Phirojsha Irani was appointed as Director.
Appointed
Soumitra Purkayastha was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 24.50 Cr with Charge ID 100654991 was registered on 28 Nov 2022.

65 earlier events are in the company report.

News

Rubamin acquires J&K Pigments
25 Jul 2023 · Business Standard

Frequently asked questions

Rubamin is an active private limited company based in Vadodara, Gujarat, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 01 September 1987 (39+ years old) and is registered under CIN U24299GJ1987PTC009942.

Rubamin has 8 current directors:

The latest financial statements of Rubamin 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 Rubamin is 24AAACR8758H1Z4, registered in Gujarat. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 24AAACR8758H1DD (Gujarat).

The CIN (Corporate Identification Number) of Rubamin is U24299GJ1987PTC009942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rubamin has 182 court cases on record: 82 filed by the company and 100 filed against it. 30 are pending. Most are in the district courts.

Rubamin was incorporated on 01 September 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Rubamin has 23 deals on record (19 secondary share transfers, 4 funding rounds), with disclosed funding of ₹82.03 Cr; the latest was in March 2018.

Priyanka Phirojsha Irani ceased to be Additional Director on 25 Sep 2023. Ranjit Singh ceased to be Additional Director on 25 Sep 2023. Soumitra Purkayastha ceased to be Additional Director on 25 Sep 2023. Rubamin has 31 board changes on record in total.

Rubamin has 21 MSME Form 1 returns on record between 2019 and 2024, listing 4,312 overdue payments to 426 micro and small suppliers. The latest return was filed on 29 Apr 2024.

Rubamin can be reached through the website rubamin.com. Its registered office is in Vadodara, Gujarat, India.