Rushabh Convertors Private Limited
About Rushabh Convertors Private Limited
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Rushabh Convertors Private Limited is a private limited company based in Shahapur, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 19 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21000MH2005PTC155504. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rainbow Convertors Private Limited. It is led by directors Manoj Bhagwandas Shah and Govindbhai Gandalal Panchasara.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shed No. 37 Atgaon Industrial Complex Mumbai – Nasik Highway Village:Atgaon, Shahapur, Maharashtra, India – 421601.
As per the financials filed for FY 2018, the company reported a revenue of ₹14.59 Lakh. For the same year it recorded a net loss of ₹2.59 Lakh (net margin -17.8%) and EBITDA of ₹14.49 Lakh (EBITDA margin 99.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
As per MCA filings, the company has open charges of ₹25.3 Cr and satisfied charges of ₹28.7 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Rushabh Convertors Private Limited's registered office is in Shahapur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShed No. 37 Atgaon Industrial Complex Mumbai – Nasik Highway Village:Atgaon, Shahapur, Maharashtra, India – 421601
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Rushabh Convertors 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
Financials of Rushabh Convertors Private Limited
FY 2018 filings availableRushabh Convertors Private Limited reported revenue of ₹14.59 Lakh for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over three years. EBITDA rose 154% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹14.59 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹14.49 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.59 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 99.3% | |||
| Net Profit Margin | -17.8% | |||
| 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 | ||||
To see the full financial statements and ratios of Rushabh Convertors Private Limited, buy the company report.
Board of directors of Rushabh Convertors Private Limited
Rushabh Convertors has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Bhagwandas Shah Also directs: Akar Laminators Limited, Rushabh Flexipack Limited | Director | 19 Aug 2005 | 21 Years 2 Months | Current |
| Govindbhai Gandalal Panchasara | Director | 07 May 2009 | 17 Years 5 Months | Current |
Peer comparison
Rushabh Convertors Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scientific Herbals (India) Private Limited | ₹14.79 Lakh (FY 2019) | -45.0% | Noida, Uttar Pradesh, India | |||
| Nissan Tubes Private Limited | ₹14.79 Lakh (FY 2025) | -67.0% | Mumbai, Maharashtra, India | |||
| Sanghvi Pipes Ltd | ₹14.76 Lakh (FY 2022) | -74.0% | Jalgaon, Maharashtra, India | |||
| Amerigo Exports Private Limited | ₹14.67 Lakh (FY 2025) | 183.0% | Ahmedabad, Gujarat, India | |||
| Sherry and Company Pvt Ltd | ₹14.61 Lakh (FY 2018) | -4.0% | Ernakulam, Kerala, India | |||
| Rushabh Convertors Private Limitedthis company | ₹14.59 Lakh (FY 2018) | -₹2.59 Lakh | -17.8% | Shahapur, Maharashtra, India | ||
| Wipe Polymers & Neo Innovative Ventures Private Limited | ₹14.57 Lakh (FY 2024) | 27.0% | Lucknow, Uttar Pradesh, India | |||
| Shubh Shri Eco Plast Private Limited | ₹14.52 Lakh (FY 2025) | -87.0% | Noida, Uttar Pradesh, India | |||
| Mukut Plastics Private Limited | ₹14.5 Lakh (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Lal & Kanchan's Polytech Private Limited | ₹14.28 Lakh (FY 2025) | 4634.0% | Patna, Bihar, India | |||
| Tembe Plast Private Limited | ₹14.26 Lakh (FY 2024) | 69.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Rushabh Convertors Private Limited, buy the company report.
Auditor
Rushabh Convertors Private Limited is audited by RAHUL SHUKLA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL SHUKLA & ASSOCIATES | FY 2018 | 113121W |
Shareholding
The shareholding of Rushabh Convertors Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rushabh Convertors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2008 | 10124210 | Others | ₹25.3 Cr | Open | |
| 03 Aug 2007 | 10065460 | Union Bank of India | ₹1.5 Cr | Satisfied | |
| 03 Aug 2007 | 10065461 | Union Bank of India | ₹2.35 Cr | Satisfied | |
| 03 Aug 2007 | 10065473 | Union Bank of India | ₹7.25 Cr | Satisfied | |
| 01 Aug 2007 | 10065459 | Union Bank of India | ₹11.1 Cr | Satisfied |
To see the full charge records of Rushabh Convertors Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Rushabh Convertors Private Limited has 7 court cases on record: 1 filed by Rushabh Convertors, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APL) | Filed by the company against Orix Auto Infrastructure Services Ltd and Anr | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Orix Auto Infrastructure Services Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Orix Auto Infrastructure Services Ltd. Th Shri Mahesh Ashok Wad | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Orix Auto Infrastructure Services Ltd Th Shri. Mahesh Ashok Wad | Disposed |
To see the full case history of Rushabh Convertors 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 Rushabh Convertors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rushabh Convertors has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rushabh Convertors Private Limited, buy the company report.
Recent activity
Rushabh Convertors Private Limited has 7 board changes on record since 2005: 2 appointments and 5 cessations. The latest: Govindbhai Gandalal Panchasara ceased to be Additional Director on 30 Sep 2009.
10 earlier events are in the company report.
Frequently asked questions
Rushabh Convertors is an active private limited company based in Shahapur, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 19 August 2005 (21+ years old) and is registered under CIN U21000MH2005PTC155504.
Rushabh Convertors has 2 current directors:
- Manoj Bhagwandas Shah - Director
- Govindbhai Gandalal Panchasara - Director
The latest financial statements of Rushabh Convertors on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Rushabh Convertors has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rushabh Convertors is U21000MH2005PTC155504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rushabh Convertors has 7 court cases on record: 1 filed by the company and 6 filed against it. Most are in the district courts.
Rushabh Convertors was incorporated on 19 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rushabh Convertors by revenue are Scientific Herbals (India) Private Limited, Nissan Tubes Private Limited, Sanghvi Pipes Ltd, Amerigo Exports Private Limited, Sherry and Company Pvt Ltd and 5 more, all in the Manufacturing industry (Plastic Based Products).
Govindbhai Gandalal Panchasara ceased to be Additional Director on 30 Sep 2009. Dhumil Vinod Sheth ceased to be Director on 07 May 2009. Govindbhai Gandalal Panchasara was appointed as Director on 07 May 2009. Rushabh Convertors has 7 board changes on record in total.
The registered office of Rushabh Convertors is at Shed No. 37 Atgaon Industrial Complex Mumbai – Nasik Highway Village:Atgaon, Shahapur, Maharashtra, India – 421601.
Rushabh Convertors operates in the manufacturing industry, in the plastic-based products segment.