Raffles Square Development Private Limited

Hospitality services provider incorporated in 2005 with registered office in Pune, Maharashtra.

2005 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Raffles Square Development Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 14.85 Cr
  • Company Age 20 Year, 20 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.10 Cr
  • Satisfied Charges ₹ 46.43 Cr
  • Revenue Growth 134.58%
  • Profit Growth 261.06%
  • Ebitda 296.60%
  • Net Worth 1694.50%
  • Total Assets 22.95%

About Raffles Square Development

Raffles Square Development Private Limited (RSDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 January 2005 and has a history of 20 years. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Travel And Hospitality Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 14.85 Cr.

The company currently has active open charges totaling ₹40.10 Cr. The company has closed loans amounting to ₹46.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Raffles Square Development Private Limited India is Reshma Adurkar as COMPANY SECRETARY. Neelam Seolekar, Ashok Kothari, Pramod Dhadiwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102PN2005PTC020136

  • Company No.

    020136

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jan 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Travel and Hospitality

Who are the key members and board of directors at Raffles Square Development?

Executive Team (1)

Name Designation Appointment Date Status
Reshma Adurkar Company Secretary Current

Board Members (4)

Name Designation Appointment Date Status
Anirudha Seolekar Country flag representing In Director 11-Jan-2005 Current
Neelam Seolekar Country flag representing In Director 25-Sep-2007 Current
Ashok Kothari Country flag representing In Director 11-Jan-2005 Current
Pramod Dhadiwal Country flag representing In Director 11-Jan-2005 Current

Financial Performance of Raffles Square Development.

Raffles Square Development Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 134.58% increase. The company also saw a substantial improvement in profitability, with a 261.06% increase in profit. The company's net worth Soared by an impressive increase of 1694.5%.

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
134.58%
Revenue from Operations
136.06%
Total Assets
22.95%
Profit or Loss
261.06%
Net Worth
1694.50%
EBITDA
296.60%

What is the Ownership and Shareholding Structure of Raffles Square Development?

In 2023, Raffles Square Development had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.10 Cr

Satisfied Charges

₹46.43 Cr

Charges Breakdown by Lending Institutions

  • Others : 38.30 Cr
  • Hdfc Bank Limited : 1.80 Cr

Latest Charge Details

Date Lender Amount Status
08 Apr 2024 Hdfc Bank Limited ₹1.80 Cr Open
13 Jun 2022 Others ₹16.30 Cr Open
30 Jun 2010 Others ₹22.00 Cr Open
21 May 2018 Hdfc Bank Limited ₹1.55 M Satisfied
14 Aug 2015 Hdfc Bank Limited ₹1.36 M Satisfied

How Many Employees Work at Raffles Square Development?

Raffles Square Development has a workforce of 106 employees as of Mar 30, 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 Raffles Square Development, 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 Raffles Square Development'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 Raffles Square Development

Recent activity within the organization

  • Annual General Meeting

    Raffles Square Development Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 22.00 Cr registered on 30 Jun 2010 with Charge ID 10229608 was modified on 18 Apr 2024.

    18 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.80 Cr with Charge ID 100906251 was registered on 08 Apr 2024.

    08 Apr 2024

  • Balance Sheet

    Raffles Square Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 21 May 2018 via Charge ID 100183086 with Hdfc Bank Limited was fully satisfied on 07 May 2023.

    07 May 2023

  • Charges

    A charge with Others amounted to Rs. 16.30 Cr with Charge ID 100587898 was registered on 13 Jun 2022.

    13 Jun 2022

Frequently asked questions

  • Raffles Square Development Private Limited was incorporated on 11 Jan 2005.

  • The authorized share capital of Raffles Square Development Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 14.85 Cr.

  • Currently 5 directors are associated with Raffles Square Development Private Limited.

    • Neelam Aniruddha Seolekar
    • Ashok Khupchand Kothari
    • Pramod Mishrilal Dhadiwal
    • Reshma Shivaji Adurkar
    • Anirudha Uttam Seolekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raffles Square Development Private Limited is 501 Kensington Court Offnorth Main Road Pingale Lane Koregaon Park India, Pune, Maharashtra, 411001.

  • The corporate identification number (CIN) of Raffles Square Development Private Limited is U70102PN2005PTC020136 and the company number is 020136 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raffles Square Development Private Limited is https://www.ohotelsindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Raffles Square Development Private Limited has risen by 134.58%.

  • As Per 2023 financial reports, 106 employees are currently employed by Raffles Square Development Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Raffles Square Development Private Limited has experienced an upsurge of 1694.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Raffles Square Development Private Limited amount to ₹ 40.10 Cr.

  • The most recent Balance Sheet for Raffles Square Development Private Limited was filed with the ROC on 31 Mar 2024.

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