Radhe Developers (India) Limited

Founded in 1995 and headquartered in Gujarat, India.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: May 27, 2024

Radhe Developers (India) Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 50.36 Cr
  • Company Age 30 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.70 Cr
  • Satisfied Charges ₹ 4.65 Cr
  • Revenue Growth -64.85%
  • Profit Growth -97.18%
  • Ebitda -95.65%
  • Net Worth 1.32%
  • Total Assets 27.10%

About Radhe Developers (India)

Radhe Developers (India) Limited (RDIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 February 1995 and has a history of 30 years. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531273.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 50.36 Cr.

The company currently has active open charges totaling ₹12.70 Cr. The company has closed loans amounting to ₹4.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Radhe Developers (India) Limited India are Pranavbhai Patel as CFO and Khyati Patel as Company Secretary. Alok Vaidya, Ashishbhai Patel, Jahnavi Ashishbhai, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    radhedevelopers.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L45201GJ1995PLC024491

  • Company No.

    024491

  • Stock Symbol

    BSE : 531273

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1995

  • Date of AGM

    19 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Real Estate and Construction

Who are the key members and board of directors at Radhe Developers (India)?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashishbhai Patel Country flag representing In Managing Director01-Jan-2011Current
Pranavbhai Patel Country flag representing In CFO31-Oct-2014Current
Khyati Patel Country flag representing In Company Secretary14-Oct-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Rahul Mehra Country flag representing In Director 25-Sep-2021Current
Bharat Pandya Country flag representing In Director 23-May-2016Current
Alok Vaidya Country flag representing In Director 14-Mar-2005Current
Jahnavi Ashishbhai Country flag representing In Director 27-Mar-2015Current
Tusharkumar Patel Country flag representing In Director 20-Jul-2018Current
Patel Nirav Country flag representing In Director 29-Jul-2023Current

Financial Performance of Radhe Developers (India).

Radhe Developers (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 64.85% decrease. The company also saw a substantial fall in profitability, with a 97.18% decrease in profit. The company's net worth moved up by a moderate rise of 1.32%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-64.85%
Revenue from Operations
-67.11%
Total Assets
27.10%
Profit or Loss
-97.18%
Net Worth
1.32%
EBITDA
-95.65%

What is the Ownership and Shareholding Structure of Radhe Developers (India)?

In 2022, Radhe Developers (India) had a promoter holding of 43.92% and a public holding of 56.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.70 Cr

Satisfied Charges

₹4.65 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 10.00 Cr
  • Bank Of India : 2.20 Cr
  • Piramal Financial Services Ltd. : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2023Indian Bank₹10.00 CrOpen
21 Jan 2023Bank Of India₹7.00 MOpen
29 Oct 2022Bank Of India₹6.99 MOpen
15 Nov 2021Bank Of India₹8.00 MOpen
29 Jun 1996Piramal Financial Services Ltd.₹5.00 MOpen

How Many Employees Work at Radhe Developers (India)?

Radhe Developers (India) has a workforce of 8 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Radhe Developers (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Radhe Developers (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Radhe Developers (India)

Recent activity within the organization

  • Charges

    A charge with Indian Bank amounted to Rs. 10.00 Cr with Charge ID 100825437 was registered on 16 Nov 2023.

    16 Nov 2023

  • Annual General Meeting

    Radhe Developers (India) Limited last Annual general meeting of members was held on 19 Sep 2023 as per latest MCA records.

    19 Sep 2023

  • Balance Sheet

    Radhe Developers (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 0.70 Cr with Charge ID 100675977 was registered on 21 Jan 2023.

    21 Jan 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 0.70 Cr with Charge ID 100646227 was registered on 29 Oct 2022.

    29 Oct 2022

  • Charges

    A charge registered on 29 Jun 2019 via Charge ID 100276023 with Others was fully satisfied on 12 Apr 2022.

    12 Apr 2022

Frequently asked questions

  • Radhe Developers (India) Limited was incorporated on 03 Feb 1995.

  • The authorized share capital of Radhe Developers (India) Limited is ₹ 100.00 Cr and paid-up capital is ₹ 50.36 Cr.

  • Currently 9 directors are associated with Radhe Developers (India) Limited.

    • Alok Hrishikesh Vaidya
    • Ashishbhai Prafulbhai Patel
    • Jahnavi Patel Ashishbhai
    • Rahul Krishkumar Mehra
    • Tusharkumar Kalidas Patel
    • Bharat Sakarlal Pandya
    • Patel Vasantlal Nirav
    • Pranavbhai Jayprakashbhai Patel
    • Khyati Kanaiyalal Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Radhe Developers (India) Limited is First Floor Chunibhai Chambers B/H. City Gold, (Old Dipali Theatre)Ashram Road, Ahmedabad, Gujarat, India, 380009.

  • The corporate identification number (CIN) of Radhe Developers (India) Limited is L45201GJ1995PLC024491 and the company number is 024491 as per Ministry of Corporate Affairs (MCA).

  • Yes, Radhe Developers (India) Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Radhe Developers (India) Limited is https://www.radhedevelopers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Radhe Developers (India) Limited has fallen by -64.85%.

  • As Per 2023 financial reports, 8 employees are currently employed by Radhe Developers (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Radhe Developers (India) Limited has experienced an upsurge of 1.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Radhe Developers (India) Limited amount to ₹ 12.70 Cr.

  • The most recent Balance Sheet for Radhe Developers (India) Limited was filed with the ROC on 31 Mar 2023.

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