- Udyam number
- UDYAM-MH-19-0043762

About Shri Ram Spices Private Limited
Data last updated:
Shri Ram Spices 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 21 August 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51220MH1989PTC053102. Its GSTIN is 27AAECS5611C1ZP (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ashok Girdharlal Karia and Dipti Ashok Karia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 10 Bmc Industrial Estate M.G.Cross Road No 1 Sai Nagar Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.7 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹33.01 Lakh (net margin 1%) and EBITDA of ₹73.74 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 28% over five years.
The company is associated with 1 brand: Shri Ram Spices. As per MCA filings, the company has open charges of ₹30 Lakh and satisfied charges of ₹7.82 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Shri Ram Spices Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0043762). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreeramspices.com.
Company details
CIN history
Shri Ram Spices has one previous CIN (Corporate Identification Number): U51220MH2005PTC053102. The current CIN is U51220MH1989PTC053102, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51220MH1989PTC053102 | Current |
| U51220MH2005PTC053102 | Previous |
Recognitions & Rankings of Shri Ram Spices
Contact details
Shri Ram Spices Private Limited's registered office is in Mumbai, Maharashtra. Its website is shreeramspices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 10 Bmc Industrial Estate M.G.Cross Road No 1 Sai Nagar Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Shri Ram Spices 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
Brands
Shri Ram Spices operates one associated brand: Shri Ram Spices. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and trades a range of spices and dry fruits products. | shreeramspices.com |
Business activity
The main business activity of Shri Ram Spices 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 Shri Ram Spices Private Limited, buy the company report.
Financials of Shri Ram Spices Private Limited
FY 2025 filings availableShri Ram Spices Private Limited reported revenue of ₹32.7 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA rose 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹73.74 Lakh | ||||
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| Net Profit (PAT) | ₹33.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Shri Ram Spices Private Limited, buy the company report.
Board of directors of Shri Ram Spices Private Limited
Shri Ram Spices has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Girdharlal Karia | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Dipti Ashok Karia | Director | 28 Mar 2019 | 7 Years 7 Months | Current |
| Dhrumil Ashok Karia | Director | 25 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Shri Ram Spices Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution, Spices), 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 |
|---|---|---|---|---|---|---|
| Mahadev Grocery Trade Private Limited | ₹32.79 Cr (FY 2025) | 25.0% | Kanpur, Uttar Pradesh, India | |||
| Honest International Foods Private Limited | ₹32.74 Cr (FY 2025) | 4.0% | Gujarat, India | |||
| Shri Ram Spices Private Limitedthis company | ₹32.7 Cr (FY 2024) | ₹33.01 Lakh | 1% | -4.0% | Mumbai, Maharashtra, India | |
| Paras Dealtrade Private Limited | ₹32.67 Cr (FY 2025) | 36.0% | Howrah, West Bengal, India | |||
| Golden Estuary Trading Private Limited | ₹32.66 Cr (FY 2025) | -3.0% | Kochi, Kerala, India |
To see the full peer comparison of Shri Ram Spices Private Limited, buy the company report.
Auditor
Shri Ram Spices Private Limited is audited by ANANDMUKULASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANANDMUKULASSOCIATES | FY 2022 | 115985W |
Shareholding
The shareholding of Shri Ram Spices Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shri Ram Spices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 1991 | 90225786 | Others | ₹30 Lakh | Open | |
| 05 Oct 2011 | 10320003 | Dena Bank | ₹2.82 Lakh | Satisfied | |
| 28 Feb 2001 | 90240760 | Dena Bank | ₹3 Lakh | Satisfied | |
| 10 Jan 1991 | 90239580 | Dena Bank | ₹2 Lakh | Satisfied |
To see the full charge records of Shri Ram Spices Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Shri Ram Spices Private Limited has 1 court case on record: 1 filed by Shri Ram Spices. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
To see the full case history of Shri Ram Spices 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
Shri Ram Spices Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 5 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mitt Agro Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Shri Ram Spices Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shri Ram Spices has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS5611C1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shri Ram Spices Private Limited, buy the company report.
Recent activity
Shri Ram Spices Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Ashok Girdharlal Karia was appointed as Director on 30 Sep 2024.
11 earlier events are in the company report.
Frequently asked questions
Shri Ram Spices 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 21 August 1989 (37+ years old) and is registered under CIN U51220MH1989PTC053102.
Shri Ram Spices has 3 current directors:
- Ashok Girdharlal Karia - Director
- Dipti Ashok Karia - Director
- Dhrumil Ashok Karia - Director
The latest financial statements of Shri Ram Spices on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shri Ram Spices is 27AAECS5611C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shri Ram Spices is U51220MH1989PTC053102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Ram Spices has 1 court case on record: 1 filed by the company.
Shri Ram Spices was incorporated on 21 August 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shri Ram Spices by revenue are Mahadev Grocery Trade Private Limited, Honest International Foods Private Limited, Paras Dealtrade Private Limited, Golden Estuary Trading Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution, Spices), with the same principal business activity (wholesale trading).
Ashok Girdharlal Karia was appointed as Director on 30 Sep 2024. Seema Dinesh Kanabar ceased to be Director on 23 Sep 2022. Dinesh Hasmukhrai Kanabar ceased to be Additional Director on 21 Aug 2019. Shri Ram Spices has 10 board changes on record in total.
Yes, Shri Ram Spices is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0043762).
Shri Ram Spices has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 09 Sep 2020.
Shri Ram Spices can be reached through the website shreeramspices.com. Its registered office is in Mumbai, Maharashtra, India.

