Riyansh Multitrade Pvt Ltd: Company Details, Office Address, Services

Riyansh Multitrade Pvt Ltd sounds like a general trading house, but it’s a direct selling company. It sells Ayurvedic and health products through a network of distributors, from a base in Sangamner in Maharashtra’s Ahmednagar district. It was registered in September 2019 with just ₹1 lakh of share capital. By FY 2024-25, its revenue was somewhere between ₹50 crore and ₹100 crore, which is remarkable growth for a company its size.

Most people searching for the company fall into one of three groups: someone invited to join as a distributor, a customer who bought its products, or someone checking whether it’s legitimate before handing over money. The company details, addresses and rules below should help all three.

A Direct Selling Business, Not a General Trader

The company’s official classification is “other wholesale trade,” a broad category. Its website gives a clearer picture. It describes Riyansh Multitrade as a direct selling company dealing in health products that started operating in 2019. It says it sells through online and offline sales centres around India, with several distribution centres and a growing network of distributors.

Its local presence is consistent with that. The company’s Sangamner Facebook page describes it as an Ayurvedic products business. Justdial lists it under network marketing consultants in Sangamner.

The naming can confuse people. On the MCA register it’s “Riyansh Multi Trade Private Limited,” written as two words. The brand, website and distributor material use “Multitrade” as one word. The CIN is the same in every case, so if a joining form or invoice shows either spelling, check that the CIN matches U51909PN2019PTC186466.

Two Addresses in Sangamner

Sangamner is a taluka town in Ahmednagar district, which Maharashtra has renamed Ahilyanagar. Company records still use “Ahmednagar.” Two Sangamner addresses appear in connection with the company.

The current registered office is at Gala No. 501, 5th Floor, Jijamata Pride, near the District & Additional Sessions Court, Ghulewadi, Sangamner, PIN 422608. This is where legal notices and official letters should go.

The earlier address was at Sr. No. 126/5/1, Orange Corner, Sangamner, PIN 422605. Justdial describes the Orange Corner location as near Sahyadri College on Orange Corner Road. It may still work as a customer-facing office or sales centre, but confirm before you visit.

The two addresses have different PIN codes: 422608 for Ghulewadi and 422605 for Orange Corner. Using the wrong one on a legal letter can delay delivery, so check before you post anything important.

A Family-Run Board

The company has two directors, Madhukar Vasant Jadhav and Pooja Madhukar Jadhav. The shared surname indicates a family-run business, which is common for direct selling companies from smaller towns.

Madhukar Jadhav is also the company’s nodal officer for direct selling compliance. The website lists his contact details as 8686595977 and riyanshinformation@gmail.com.

One note on the email: a Gmail address is fine for a small business. However, the direct selling rules require companies to publish proper grievance-handling details. A larger operation would normally use an email on its own domain, such as myriyansh.com. It’s a small point, but worth remembering if you ever need to make a formal complaint.

Rapid Growth on ₹1 Lakh of Capital

The company’s financial path is unusual:

A few things stand out:

• Revenue is huge relative to capital. Even at the lower end of ₹50 crore, revenue is about 5,000 times the paid-up capital. That’s possible in direct selling because the business is funded by distributor purchases paid upfront, not by bank loans or investors.
• No bank borrowing. With no open charges, the company hasn’t pledged assets to any lender. That limits financial risk, but it also means no bank has examined its books closely.
• It sits close to a regulatory threshold. Since 1 December 2025, a small company is one with paid-up capital up to ₹10 crore and turnover up to ₹100 crore. If revenue at this growth rate crosses ₹100 crore, the company will lose small company status and face heavier compliance.
• Filings appear to be up to date. The most recent reported AGM was on 30 September 2024, the legal deadline for that year.

Products and the Distributor Model

The company describes its range as health products. It says it keeps expanding the range with products made at modern manufacturing facilities. Locally it’s known for Ayurvedic products. The website does not publish a full, detailed product catalogue, so the exact range is best confirmed with the company or a distributor.

The model works like most direct selling businesses:

• People register as distributors through the Myriyansh website, which has a distributor login and registration page.
• Distributors buy products and sell them to customers, often friends, family and local contacts.
• Earnings come from retail margins and commissions under the company’s marketing plan, which may include income from the sales of people a distributor brings in.
• The company’s brochure presents the business as a way for members to live life on their own terms and build income.

That last point deserves a closer look. The marketing plan decides whether a distributor earns mainly from selling products or mainly from recruiting other people. Read it carefully before joining.

What India’s Direct Selling Rules Require

The company says it is actively working to comply fully with the Direct Selling Rules, 2021, issued by the Department of Consumer Affairs. These rules, made under the Consumer Protection Act, set clear limits on any direct selling company:

• Pyramid schemes and money circulation schemes are banned. Any plan where income comes mainly from recruiting people, rather than from selling real products, is illegal.
• A company can’t charge people an entry fee, registration fee or subscription fee to become a direct seller.
• Direct sellers can’t be forced to buy stock, and the company must have a buy-back or refund policy for unsold products that are still in saleable condition.
• The company must appoint a nodal officer and set up a grievance redressal system. Riyansh has named a nodal officer.
• Key details, including the company’s registration, management, products and grievance contacts, must be published on its website.

The wording on the company’s website says it is “working to ensure” compliance, not that it has completed it. That’s worth asking about directly if you’re thinking of joining.

Questions to Ask Before You Join as a Distributor

These checks take about half an hour and can save you a lot of money:

• Is there a joining fee? Under the 2021 rules, there shouldn’t be. If you’re told to pay to “activate an ID,” ask for the rule that allows it in writing.
• Must you buy stock to join or stay active? Minimum monthly purchases tied to keeping your position are a warning sign.
• What’s the buy-back policy? Ask for it in writing, including the time limit and how much of your money you’d get back.
• Where does the income come from? Ask what share of distributor earnings comes from product sales and what share comes from recruitment. A reputable company will answer clearly.
• Are the products properly licensed? Ayurvedic products need AYUSH manufacturing licences. Check that the label shows the manufacturer’s name, licence number and batch details.
• Do you get GST invoices? Every purchase should come with a proper GST invoice showing the company name and GSTIN.
• Can you see the company’s filings? The financial statements are available on the MCA portal. They show the company’s real revenue and how much it paid out to distributors.

None of these questions assumes the company is doing anything wrong. They’re simply the questions any careful person should ask any direct selling company.

FAQs

Q1. What is the CIN of Riyansh Multitrade Pvt Ltd?

The CIN is U51909PN2019PTC186466, registered with RoC Pune.

Q2. Where is the registered office of Riyansh Multitrade?

It’s at Gala No. 501, 5th Floor, Jijamata Pride, Ghulewadi, Sangamner, Ahmednagar, Maharashtra 422608.

Q3. What does Riyansh Multitrade sell?

It sells health and Ayurvedic products through a direct selling model.

Q4. Who are the directors of Riyansh Multitrade Pvt Ltd?

The directors are Madhukar Vasant Jadhav and Pooja Madhukar Jadhav.

Q5. When was Riyansh Multitrade incorporated?

It was incorporated on 4 September 2019.

Q6. Is Riyansh Multitrade a registered company?

Yes. It’s an active private limited company registered with the Ministry of Corporate Affairs.

Q7. What is Myriyansh?

Myriyansh is the company’s website, where distributors log in and register.

Q8. What is the Riyansh Multitrade contact number?

The nodal officer, Madhukar Jadhav, can be reached on 8686595977.

Q9. What is the turnover of Riyansh Multitrade?

Its revenue was between ₹50 crore and ₹100 crore in FY 2024-25.

Q10. Do I have to pay a fee to join Riyansh Multitrade?

India’s Direct Selling Rules, 2021 don’t allow any direct selling company to charge a joining or registration fee.