About Rushi Mechatronics Private Limited
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Rushi Mechatronics Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Archi Exim Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51507GJ2008PTC072923. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Molina Udayan Dave and Udayan Ambalal Dave.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 811 Akik Complex S.G. Highway Bodakdev, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.99 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹48.85 Lakh and EBITDA of -₹48.81 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 64% over three years.
As per MCA filings, the company has open charges of ₹89.5 Lakh and satisfied charges of ₹40 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website rushimechatronics.com.
Company details
CIN history
Rushi Mechatronics has one previous CIN (Corporate Identification Number): U51507PN2008PTC131821. The current CIN is U51507GJ2008PTC072923, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51507GJ2008PTC072923 | Current |
| U51507PN2008PTC131821 | Previous |
Contact details
Rushi Mechatronics Private Limited's registered office is in Ahmedabad, Gujarat. Its website is rushimechatronics.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address811 Akik Complex S.G. Highway Bodakdev, Ahmedabad, Gujarat, India – 380015
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Rushi Mechatronics 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 Rushi Mechatronics 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 Rushi Mechatronics Private Limited, buy the company report.
Financials of Rushi Mechatronics Private Limited
FY 2018 filings availableRushi Mechatronics Private Limited reported revenue of ₹3.99 Lakh (down 6% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over three years, including a 6% fall 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 |
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| EBITDA | -₹48.81 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹48.85 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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To see the full financial statements and ratios of Rushi Mechatronics Private Limited, buy the company report.
Board of directors of Rushi Mechatronics Private Limited
Rushi Mechatronics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Molina Udayan Dave | Director | 16 Apr 2008 | 18 Years 6 Months | Current |
| Udayan Ambalal Dave | Director | 16 Apr 2008 | 18 Years 6 Months | Current |
| Dharmin Jayantbhai Bhatt | Director | 17 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Rushi Mechatronics Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ojaswani Telelink Private Limited | ₹4 Lakh (FY 2024) | 0.0% | Jaipur, Rajasthan, India | |||
| Rushi Mechatronics Private Limitedthis company | ₹3.99 Lakh (FY 2018) | -₹48.85 Lakh | -6.0% | Ahmedabad, Gujarat, India | ||
| Genesispc International Private Limited | ₹3.96 Lakh (FY 2021) | Bengaluru, Karnataka, India | ||||
| Sangeeta Sales Emporium Private Limited | ₹3.93 Lakh (FY 2020) | -52.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rushi Mechatronics Private Limited, buy the company report.
Auditor
Rushi Mechatronics Private Limited is audited by BHADRESH P. SONI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHADRESH P. SONI & CO. | FY 2017 | 115337W |
Shareholding
The shareholding of Rushi Mechatronics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rushi Mechatronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2010 | 10257570 | Bank of Maharashtra | ₹18 Lakh | Open | |
| 25 Aug 2009 | 10180055 | Bank of Maharashtra | ₹16.5 Lakh | Open | |
| 21 May 2009 | 10160653 | Bank of Maharashtra | ₹55 Lakh | Open | |
| 08 Nov 2010 | 10257569 | Bank of Maharashtra | ₹40 Lakh | Satisfied |
To see the full charge records of Rushi Mechatronics Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Rushi Mechatronics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rushi Mechatronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rushi Mechatronics 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 Rushi Mechatronics Private Limited, buy the company report.
Recent activity
Rushi Mechatronics Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Dharmin Jayantbhai Bhatt ceased to be Director on 24 Mar 2021.
5 earlier events are in the company report.
Frequently asked questions
Rushi Mechatronics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 April 2008 (18+ years old) and is registered under CIN U51507GJ2008PTC072923.
Rushi Mechatronics has 3 current directors:
- Molina Udayan Dave - Director
- Udayan Ambalal Dave - Director
- Dharmin Jayantbhai Bhatt - Director
The latest financial statements of Rushi Mechatronics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Rushi Mechatronics has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rushi Mechatronics is U51507GJ2008PTC072923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rushi Mechatronics was incorporated on 16 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rushi Mechatronics by revenue are Ojaswani Telelink Private Limited, Genesispc International Private Limited, Sangeeta Sales Emporium Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Dharmin Jayantbhai Bhatt ceased to be Director on 24 Mar 2021. Apurva Thakorlal Shah ceased to be Director on 27 Sep 2018. Bhavesh Rameshchandra Pradhan ceased to be Director on 27 Sep 2018. Rushi Mechatronics has 8 board changes on record in total.
Rushi Mechatronics can be reached through the website rushimechatronics.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Rushi Mechatronics is at 811 Akik Complex S.G. Highway Bodakdev, Ahmedabad, Gujarat, India – 380015.
Rushi Mechatronics operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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