About Todi Rayons Private Limited
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Todi Rayons Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1997PTC031499. Its GSTIN is 24AABCT6078M1ZX (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.63 Cr. It is led by directors including Shailesh Hiralal Agarwal and Rajeshkumar Badriprasad Todi.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹404.31 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹6.07 Cr (net margin 1.5%) and EBITDA of ₹34.48 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 20% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹352.78 Cr and satisfied charges of ₹3.4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 15 deals on record (8 funding rounds, 7 secondary share transfers), with disclosed funding of ₹19.64 Cr; the latest was in March 2023. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 3 smaller; the largest is Shrivallabh Pittie Industries Limited with revenue of ₹408.75 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salasargroup.co.in.
Company details
Contact details
Todi Rayons Private Limited's registered office is in Surat, Gujarat. Its website is salasargroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 5007 World Trade Centre Nr Parag House Nr Udhna Darwaja Ring Roa, D, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Todi Rayons 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 Todi Rayons is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Todi Rayons Private Limited, buy the company report.
Financials of Todi Rayons Private Limited
FY 2024 filings availableTodi Rayons Private Limited reported revenue of ₹404.31 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 29% growth in the latest year. EBITDA rose 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹34.48 Cr | ||||
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| Net Profit (PAT) | ₹6.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Todi Rayons Private Limited, buy the company report.
Board of directors of Todi Rayons Private Limited
Todi Rayons has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Hiralal Agarwal Also directs: Salasar Nylons LLP, Ujala Exim Private Limited | Director | 05 Aug 2023 | 3 Years 2 Months | Current |
| Rajeshkumar Badriprasad Todi Also directs: Salasar Polytex Private Limited, Salasar Filaments Private Limited, Salasar Yarns Private Limited and 3 more | Director | 18 Nov 2002 | 23 Years 11 Months | Current |
| Paragkumar Sanjaykumar Todi | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Sanjay Kumar Badriprasad Todi Also directs: Salasar Polytex Private Limited, Salasar Filaments Private Limited, Salasar Yarns Private Limited and 4 more | Director | 13 Jan 1997 | 29 Years 9 Months | Current |
Peer comparison
Todi Rayons Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shrivallabh Pittie Industries Limited | ₹408.75 Cr (FY 2022) | 9.0% | Mumbai, Maharashtra, India | |||
| Meera Cotton and Synthetic Mills Private Limited | ₹408.02 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| The Ramaraju Surgical Cotton Mills Limited | ₹406.12 Cr (FY 2025) | 9.0% | Tamil Nadu, India | |||
| Vaibhav Laxmi Filaments Private Limited | ₹405.92 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Todi Rayons Private Limitedthis company | ₹404.31 Cr (FY 2025) | ₹6.07 Cr | 1.5% | 29.0% | 50 | Surat, Gujarat, India |
| Ambattur Fashion India Private Limited | ₹402.9 Cr (FY 2025) | 22.0% | Chennai, Tamil Nadu, India | |||
| Esspal International Private Limited | ₹401.91 Cr (FY 2025) | 18.0% | Bhilwara, Rajasthan, India | |||
| BMD Private Limited | ₹401.34 Cr (FY 2025) | 5.0% | Banswara, Rajasthan, India |
To see the full peer comparison of Todi Rayons Private Limited, buy the company report.
Auditor
Todi Rayons Private Limited is audited by RAJA & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJA & ASSOCIATES | FY 2024 | 019343C |
Shareholding
The shareholding of Todi Rayons Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Todi Rayons Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2025 | 101199060 | Others | ₹64.7 Lakh | Open | |
| 29 Oct 2025 | 101190444 | Others | ₹47.4 Lakh | Open | |
| 17 Jun 2023 | 100735307 | Hdfc Bank Limited | ₹85.9 Cr | Open | |
| 05 Aug 2015 | 10588566 | Others | ₹132.88 Cr | Open | |
| 04 Aug 2015 | 10588561 | Others | ₹132.88 Cr | Open |
To see the full charge records of Todi Rayons Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Todi Rayons Private Limited has 15 deals on record (8 funding rounds, 7 secondary share transfers), with disclosed funding of ₹19.64 Cr; the latest was in March 2023.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Better Buildcon Private Limited , Shreya Trading Private Limited , Anagi Trading Private Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jul 2015 | Funding round | ₹4.34 Cr | Investors: Parag International, Salasar Filaments Private Limited , 2 individuals |
| Mar 2012 | Funding round | ₹3.2 Cr | Investors: SNB Mercantile Private Limited , Khushi Industrial Limited, Anagi Trading Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Salasar Yarns Private Limited , 3 individuals Seller: Fairmont Venture Private Limited , Marrot Stock Holdings Private Limited , Highlight Goods Private Limited |
To see the full deal history of Todi Rayons Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Todi Rayons Private Limited has 1 court case on record: 1 filed by Todi Rayons. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and 4 Ors. and 4 others | Disposed |
To see the full case history of Todi Rayons 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.
Credit ratings & regulatory alerts
Todi Rayons Private Limited was last rated by Crisil on 02 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Sep 2020 |
To see the full credit ratings and regulatory alerts of Todi Rayons Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Todi Rayons Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Todi Rayons has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Todi Rayons Private Limited has a workforce of 50 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Todi Rayons has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCT6078M1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Todi Rayons Private Limited, buy the company report.
Recent activity
Todi Rayons Private Limited has 4 board changes on record since 1997: 4 appointments. The latest: Shailesh Hiralal Agarwal was appointed as Director on 05 Aug 2023.
11 earlier events are in the company report.
Frequently asked questions
Todi Rayons is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 January 1997 (29+ years old) and is registered under CIN U17110GJ1997PTC031499.
Todi Rayons has 4 current directors:
- Shailesh Hiralal Agarwal - Director
- Rajeshkumar Badriprasad Todi - Director
- Paragkumar Sanjaykumar Todi - Director
- Sanjay Kumar Badriprasad Todi - Director
The latest financial statements of Todi Rayons 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 Todi Rayons is 24AABCT6078M1ZX, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Todi Rayons is U17110GJ1997PTC031499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Todi Rayons has 1 court case on record: 1 filed by the company.
Todi Rayons was incorporated on 13 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Todi Rayons has 15 deals on record (8 funding rounds, 7 secondary share transfers), with disclosed funding of ₹19.64 Cr; the latest was in March 2023.
The peers of Todi Rayons by revenue are Shrivallabh Pittie Industries Limited, Meera Cotton and Synthetic Mills Private Limited, The Ramaraju Surgical Cotton Mills Limited, Vaibhav Laxmi Filaments Private Limited, Ambattur Fashion India Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shailesh Hiralal Agarwal was appointed as Director on 05 Aug 2023. Paragkumar Sanjaykumar Todi was appointed as Director on 22 Mar 2021. Rajeshkumar Badriprasad Todi was appointed as Director on 18 Nov 2002. Todi Rayons has 4 board changes on record in total.
Todi Rayons can be reached through the website salasargroup.co.in. Its registered office is in Surat, Gujarat, India.
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