About Royal India Corporation Ltd 
Royal India Corporation Ltd
Micro Cap
Trading
Royal India Corporation Limited(Formerly known as Natraj Financial & Services Limited) was incorporated in 1984 in the name and style of Natraj Commercial Enterprises Ltd. In October 2006, Company changed its name to Natraj Financial & Services Limited.
Company Coordinates 
Company Details
34 Floor-2 Plot-45/47 Shanti, Bhavan Dhirubhai Parekh Marg Mumbai Maharashtra : 400002
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Capital Structure 
Present Equity Capital
INR 109.47 Cr
Number of Shares
10.95 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
29-May-2024
10.95
109.47
32500000
10
Preferential basis
10-May-2024
7.7
76.97
10250000
10
Preferential basis
08-May-2024
6.67
66.72
43640000
10
Preferential basis
21-Aug-2010
2.31
23.08
11280000
10
Amalgamation
21-Aug-2010
2.31
23.08
11280000
10
Amalgamation
02-Sep-2009
1.18
11.80
7300000
10
Allotment of Equity Shares To Promoter & Others
02-Sep-2009
1.18
11.80
7300000
10
Allotment of Equity Shares To Promoter & Others
28-May-2008
45
4.50
112500
10
Conversion of Warrants
28-May-2008
45
4.50
112500
10
Conversion of Warrants
01-Jun-2007
43.88
4.39
112500
10
Conversion of Warrants
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Manoj B Punamiya (14.83%)
Highest Public shareholder
Palani Andavar Holdings Private Limited (9.13%)
Individual Investors Holdings
37.04%
Management
Designation
Remuneration
Nitin Gujaral
Managing Director
3.78 lacs
Madhusa Inda
Non-Exec. & Independent Dir.
25.0 k
Vaishali Baria
Non-Exec. & Independent Dir.
21.0 k
Jinal Mehta
Company Sec. & Compli. Officer
0
Jinesh Mehta
Independent Director
18.0 k
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Gold Bar - Traded
125.64
100.00%
Gold Bar - Traded
Revenue and Profits:
Net Sales:
59 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
Trading
INR 91 Cr (Micro Cap)
NA (Loss Making)
22
0.00%
1.58
-4.13%
1.42