Radiance Realty Developers India Limited

Real estate development company in Chennai, Tamil Nadu with 10 completed projects and 6 ongoing projects.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 14, 2024

Radiance Realty Developers India Profile

Key Indicators

  • Authorised Capital ₹ 96.50 Cr
  • Paid Up Capital ₹ 36.00 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 862.02 Cr
  • Satisfied Charges ₹ 1,768.22 Cr
  • Revenue Growth 14.63%
  • Profit Growth 112.93%
  • Ebitda 109.61%
  • Net Worth 10.21%
  • Total Assets 36.44%

About Radiance Realty Developers India

Radiance Realty Developers India Limited (RRDIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 March 2007 and has a history of 17 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Napc Properties Limited. 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 96.50 Cr and a paid-up capital of Rs 36.00 Cr.

The company currently has active open charges totaling ₹862.02 Cr. The company has closed loans amounting to ₹1,768.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Radiance Realty Developers India Limited India is Ramalingam Swapna as COMPANY SECRETARY. Varun Manian, Ganesan Panchapagesan, Anand, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201TN2007PLC062662

  • Company No.

    062662

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Mar 2007

  • Date of AGM

    30 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

What products or services does Radiance Realty Developers India Limited offer?

Radiance Realty Developers India Limited offers a wide range of products and services, including Real Estate Services, Residential Property, Residential Flats.

Who are the key members and board of directors at Radiance Realty Developers India?

Executive Team (2)

Name Designation Appointment Date Status
Varun Manian Country flag representing In Managing Director 08-Mar-2007 Current
Ramalingam Swapna Company Secretary 18-May-2023 Current

Board Members (4)

Name Designation Appointment Date Status
Ganesan Panchapagesan Country flag representing In Director 02-Dec-2019 Current
Tenvi Anand Country flag representing In Director 20-Apr-2023 Current
Sneha Bhat Country flag representing In Director 20-Apr-2023 Current
Joe Xavier Country flag representing In Director 08-May-2023 Current

Financial Performance of Radiance Realty Developers India.

Radiance Realty Developers India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.63% increase. The company also saw a substantial improvement in profitability, with a 112.93% increase in profit. The company's net worth Soared by an impressive increase of 10.21%.

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
14.63%
Revenue from Operations
15.10%
Total Assets
36.44%
Profit or Loss
112.93%
Net Worth
10.21%
EBITDA
109.61%

What is the Ownership and Shareholding Structure of Radiance Realty Developers India?

In 2022, Radiance Realty Developers India had a promoter holding of 99.50% and a public holding of 0.50%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹862.02 Cr

Satisfied Charges

₹1,768.22 Cr

Charges Breakdown by Lending Institutions

  • Others : 714.20 Cr
  • Tata Capital Housing Finance Limited : 84.00 Cr
  • Axis Bank Limited : 49.08 Cr
  • Hdfc Bank Limited : 9.73 Cr
  • Tata Capital Financial Services Limited : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2024 Tata Capital Housing Finance Limited ₹30.00 Cr Open
16 Jul 2024 Others ₹27.00 Cr Open
26 Jun 2024 Others ₹15.00 Cr Open
21 Jun 2024 Others ₹30.00 Cr Open
04 Jun 2024 Others ₹100.00 Cr Open

How Many Employees Work at Radiance Realty Developers India?

Radiance Realty Developers India has a workforce of 666 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 Radiance Realty 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 Radiance Realty 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 Radiance Realty Developers India

Recent activity within the organization

  • Charges

    A charge with Tata Capital Housing Finance Limited of Rs. 54.00 Cr registered on 21 Mar 2024 with Charge ID 100888337 was modified on 26 Nov 2024.

    26 Nov 2024

  • Charges

    A charge registered on 20 Oct 2022 via Charge ID 100621783 with Others was fully satisfied on 23 Oct 2024.

    23 Oct 2024

  • Charges

    A charge with Tata Capital Housing Finance Limited amounted to Rs. 30.00 Cr with Charge ID 100981077 was registered on 30 Sep 2024.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 27.00 Cr registered on 16 Jul 2024 with Charge ID 100950448 was modified on 23 Jul 2024.

    23 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 27.00 Cr with Charge ID 100950448 was registered on 16 Jul 2024.

    16 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100940770 was registered on 26 Jun 2024.

    26 Jun 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Radiance Realty Developers India Limited was incorporated on 08 Mar 2007.

  • The authorized share capital of Radiance Realty Developers India Limited is ₹ 96.50 Cr and paid-up capital is ₹ 36.00 Cr.

  • Currently 6 directors are associated with Radiance Realty Developers India Limited.

    • Varun Manian
    • Ganesan Panchapagesan
    • Tenvi Anand
    • Sneha G Bhat
    • Joe Benjamin Francis Xavier
    • Ramalingam Swapna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Radiance Realty Developers India Limited is 1St Floor Old Door No.110 New No. 111 33 Feet Road Anna Salai Guindy, India, Chennai, Tamil Nadu, 600032.

  • The corporate identification number (CIN) of Radiance Realty Developers India Limited is U45201TN2007PLC062662 and the company number is 062662 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Radiance Realty Developers India Limited is https://www.radiancerealty.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Radiance Realty Developers India Limited has risen by 14.63%.

  • As Per 2022 financial reports, 666 employees are currently employed by Radiance Realty Developers India Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Radiance Realty Developers India Limited has experienced an upsurge of 10.21%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Radiance Realty Developers India Limited amount to ₹ 862.02 Cr.

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

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