MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0044839
Rustagi Projects Private Limited
Rustagi Projects Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹62.11 Cr
▲ 75% YoY
Net profit · FY 2024
₹98.42 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹3.19 Cr
EBITDA margin 5.1%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Open charges
₹16.2 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Rustagi Projects Private Limited
Data last updated:
Rustagi Projects Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 24 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46201MH2011PTC219088. Its GSTIN is 27AAFCR3917H1ZA (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors Bhavna Mahesh Bhanushali and Manohar Shankarlal Ranglani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No 16 Khatau Building 1st Floor Alkesh Dinesh Mody Marg Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2024, the company reported a revenue of ₹62.11 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹98.42 Lakh (net margin 1.6%) and EBITDA of ₹3.19 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹16.2 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 3 cases are pending.
Rustagi Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0044839). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U46201MH2011PTC219088
Registration Number 219088
Incorporation Date 24 June 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0044839
CIN history
Rustagi Projects has one previous CIN (Corporate Identification Number): U74900MH2011PTC219088. The current CIN is U46201MH2011PTC219088, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46201MH2011PTC219088 | Current |
| U74900MH2011PTC219088 | Previous |
Recognitions & Rankings of Rustagi Projects
Contact details
Rustagi Projects Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressOffice No 16 Khatau Building 1st Floor Alkesh Dinesh Mody Marg Fort, Mumbai, Maharashtra, India – 400023
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
Comprehensive company report
Rustagi Projects 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Rustagi Projects is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Rustagi Projects Private Limited, buy the company report.
Financials of Rustagi Projects Private Limited
FY 2024 filings availableRustagi Projects Private Limited reported revenue of ₹62.11 Cr (up 75% YoY) for FY 2024.
Revenue · FY 2024
₹62.11 Cr ▲ 75%
Net profit · FY 2024
₹98.42 Lakh margin 1.6%
EBITDA · FY 2024
₹3.19 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 7%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 44%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 75% growth in the latest year. EBITDA rose 44% 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 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 | ₹3.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98.42 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Rustagi Projects Private Limited, buy the company report.
Board of directors of Rustagi Projects Private Limited
Rustagi Projects has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavna Mahesh Bhanushali Also directs: Blue Crystal Infrastructure Private Limited | Director | 01 Jun 2021 | 5 Years 5 Months | Current |
| Manohar Shankarlal Ranglani Also directs: Kav Realty Private Limited | Director | 01 Jun 2021 | 5 Years 5 Months | Current |
Charges & borrowings
Open charges
₹16.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2021 | 100523521 | Canara Bank | ₹40 Lakh | Open | |
| 13 Jul 2020 | 100361927 | Canara Bank | ₹80 Lakh | Open | |
| 23 Mar 2017 | 100107898 | Canara Bank | ₹15 Cr | Open |
To see the full charge records of Rustagi Projects Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Rustagi Projects Private Limited has 10 court cases on record: 2 filed by Rustagi Projects, 8 filed against it. 3 cases are pending and 7 are disposed.
Total cases
10
Filed by the company
2
Filed against the company
8
Pending
3
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 7 | 7 | 2 |
| District courts | 2 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| NCLAT, Court II | Tribunal matter | Filed against the company by an individual | Disposed |
To see the full case history of Rustagi Projects 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 Rustagi Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rustagi Projects has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR3917H1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rustagi Projects Private Limited, buy the company report.
Recent activity
Rustagi Projects Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Ramit Sanjay Rustagi ceased to be Director on 23 Dec 2021.
Charges
A charge with Canara Bank of Rs. 15.00 Cr registered on 23 Mar 2017 with Charge ID 100107898 was modified on 23 Jun 2025.
AGM
Rustagi Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rustagi Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Ramit Sanjay Rustagi ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 0.40 Cr with Charge ID 100523521 was registered on 21 Dec 2021.
Appointed
Bhavna Mahesh Bhanushali was appointed as Director.
Appointed
Manohar Shankarlal Ranglani was appointed as Director.
Ceased
Sanjay Subhashchand Gupta ceased to be Director.
Ceased
Urvashi Sanjay Gupta ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 0.80 Cr with Charge ID 100361927 was registered on 13 Jul 2020.
Charges
A charge with Canara Bank amounted to Rs. 15.00 Cr with Charge ID 100107898 was registered on 23 Mar 2017.
Ceased
Vinod Kumar Gayaprasad Mishra ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Rustagi Projects is an active private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 24 June 2011 (15+ years old) and is registered under CIN U46201MH2011PTC219088.
Rustagi Projects has 2 current directors:
- Bhavna Mahesh Bhanushali - Director
- Manohar Shankarlal Ranglani - Director
The latest financial statements of Rustagi Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rustagi Projects is 27AAFCR3917H1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rustagi Projects is U46201MH2011PTC219088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rustagi Projects has 10 court cases on record: 2 filed by the company and 8 filed against it. 3 are pending. Most are in the nclat.
Rustagi Projects was incorporated on 24 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramit Sanjay Rustagi ceased to be Director on 23 Dec 2021. Bhavna Mahesh Bhanushali was appointed as Director on 01 Jun 2021. Manohar Shankarlal Ranglani was appointed as Director on 01 Jun 2021. Rustagi Projects has 6 board changes on record in total.
Yes, Rustagi Projects is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0044839).
The registered office of Rustagi Projects is at Office No 16 Khatau Building 1st Floor Alkesh Dinesh Mody Marg Fort, Mumbai, Maharashtra, India – 400023.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages