Rushay Commodities Private Limited
About Rushay Commodities Private Limited
Data last updated:
Rushay Commodities Private Limited is a private limited company based in Rasana, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 13 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67100GJ2009PTC058561. Its GSTIN is 24AAECR5323G1ZN (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.35 Cr. It is led by directors including Mitulkumar Babulal Shah and Rushay Vedaliya.
Its last annual general meeting (AGM) was held on 05 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Revenue Survey No. 101/8 P – 1 Plot No. 1 To 6 Village – Rasana Mota Taluka – Deesa, Gujarat, India – 385535.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.2 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹63.38 Lakh (net margin 3.9%) and EBITDA of ₹1.29 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹18.5 Cr and satisfied charges of ₹9.3 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressRevenue Survey No. 101/8 P – 1 Plot No. 1 To 6 Village – Rasana Mota Taluka – Deesa, Gujarat, India – 385535
- IndustryAgriculture, Agro Retail & Distribution
- 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 Rushay Commodities Private Limited
The main business activities of Rushay Commodities are trade, transport and storage and financial and insurance service. In detail, this covers wholesale trading, warehousing and storage and other financial activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| H | Transport and storage | H6 | Warehousing and storage | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | 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 Rushay Commodities Private Limited FY 2025 filings available
Rushay Commodities Private Limited reported revenue of ₹16.2 Cr (down 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rushay Commodities Private Limited
Revenue fell 54% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 61% 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 Rushay Commodities 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 | ₹1.29 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹63.38 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 Rushay Commodities Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Rushay Commodities 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 Rushay Commodities Private Limited
Rushay Commodities Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Agro Retail and Distribution, Cold Storage and Warehousing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hindusthan Ice & Cold Storage Co Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Krushnkunj Farmer Producer Company Limited | •••• | •••• | •••• | •••• | - | Nanded, Maharashtra, India |
| HRJ Refrigeration Private Limited | •••• | •••• | •••• | •••• | - | Kochi, Kerala, India |
| SGB Logistics & Shipping Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Sri Niwas Health Care Food Products Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Rushay Commodities Private Limited this company | •••• | •••• | •••• | •••• | - | Rasana, Gujarat, India |
| Fruit Basket Cold Chain Private Limited | •••• | •••• | •••• | •••• | - | Pulwama, Jammu & Kashmir, India |
| Laljit Gupta & Sons (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Prachi International Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| LDSM Traders Private Limited | •••• | •••• | •••• | •••• | - | Himachal Pradesh, India |
| Egiant Agroconnect Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Rushay Commodities by revenue in the Transport and Logistics industry (Agro Retail and Distribution, Cold Storage and Warehousing), 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 Rushay Commodities Private Limited
Rushay Commodities Private Limited is audited by A K SETHIA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A K SETHIA & CO | 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 Rushay Commodities Private Limited
Rushay Commodities has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitulkumar Babulal Shah Also directs: Rama Toffee Private Limited, Rama Gums Private Limited, Rama Gum Industries (India) Limited and 1 more | Director | 13 Nov 2009 | 16 Years 10 Months | Current |
| Rushay Vedaliya Also directs: Rama Gum Industries (India) Limited, Jiya Care Private Limited, Zanzar Sarthak Infraspace LLP and 1 more | Director | 06 Nov 2023 | 2 Years 11 Months | Current |
| Avani Mitulkumar Shah | Director | 13 Nov 2009 | 16 Years 10 Months | Current |
Ownership and Shareholding of Rushay Commodities 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 Rushay Commodities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2019 | State Bank of India | ₹9.5 Cr | Open |
| 27 Nov 2018 | State Bank of India | ₹9 Cr | Open |
| 15 Mar 2017 | State Bank of India | ₹5 Cr | Satisfied |
| 18 Jan 2016 | Axis Bank Limited | ₹4.3 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Rushay Commodities Private Limited
Rushay Commodities Private Limited has 3 court cases on record: 1 filed by Rushay Commodities, 2 filed against it. 1 case is pending and 2 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Commercial suit | Filed by the company against Omex Investors Limited | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax 3 | Pending |
| High Court of Gujarat | Appeal | Filed against the company by Principal Commissioner of Income Tax 3 | 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.
Employees and EPFO Compliance at Rushay Commodities Private Limited
Employment history and EPFO contributions of people linked to Rushay Commodities.
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 Rushay Commodities Private Limited
Rushay Commodities Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Rushay Vedaliya ceased to be Additional Director on 25 Jul 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rushay Commodities 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 Rushay Commodities 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 Rushay Commodities 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 Rushay Commodities Private Limited
Rushay Commodities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECR5323G1ZN | 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 Rushay Commodities 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 Rushay Commodities Private Limited
Rushay Commodities is an active private limited company based in Rasana, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 13 November 2009 (17+ years old) and is registered under CIN U67100GJ2009PTC058561.
Rushay Commodities reported revenue of ₹16.2 Cr for FY 2024 (down 54% YoY).
Rushay Commodities has 3 current directors:
- Mitulkumar Babulal Shah - Director
- Rushay Vedaliya - Director
- Avani Mitulkumar Shah - Director
Rushay Commodities reported a net profit of ₹63.38 Lakh (net margin 3.9%) and EBITDA of ₹1.29 Cr (EBITDA margin 8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rushay Commodities is -25% over three years and 12% over five years. In the latest year (FY 2024) revenue fell 54%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rushay Commodities is 24AAECR5323G1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Rushay Commodities is U67100GJ2009PTC058561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rushay Commodities has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Rushay Commodities was incorporated on 13 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rushay Commodities by revenue are Hindusthan Ice & Cold Storage Co Ltd, Krushnkunj Farmer Producer Company Limited, HRJ Refrigeration Private Limited, SGB Logistics & Shipping Private Limited, Sri Niwas Health Care Food Products Private Limited and 5 more, all in the Transport and Logistics industry (Agro Retail and Distribution, Cold Storage and Warehousing).
Rushay Vedaliya ceased to be Additional Director on 25 Jul 2024. Rushay Vedaliya was appointed as Director on 06 Nov 2023. Avani Mitulkumar Shah was appointed as Director on 13 Nov 2009. Rushay Commodities has 4 board changes on record in total.