Rajiv Gandhi Housing Corporation Limited

Founded in 2000 and headquartered in Karnataka, India.

2000 | Bangaluru, Karnataka (India) | Active
Last Updated: December 12, 2024

Rajiv Gandhi Housing Corporation Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 24 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 250.00 Cr
  • Revenue Growth 89.59%
  • Profit Growth 299.00%
  • Ebitda -345.36%
  • Net Worth 63.07%
  • Total Assets 37.61%

About Rajiv Gandhi Housing Corporation

Rajiv Gandhi Housing Corporation Limited (RGHCL) is a leading Public Limited State Government Company incorporated in India on 20 April 2000 and has a history of 24 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Rajiv Gandhi Rural Housing Corporation 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 10.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹250.00 Cr.

Rakesh Murthy, Reju Thankachan, Kavitha Mannikeri, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashraya.karnataka.gov.in

  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U85310KA2000SGC026951

  • Company No.

    026951

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    20 Apr 2000

  • Date of AGM

    09 Feb 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Rajiv Gandhi Housing Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Kavitha Mannikeri Managing Director17-Nov-2022Current
Susheelamma Narayanappa Country flag representing In Managing Director30-Jun-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Rakesh Murthy Country flag representing In Nominee Director 18-Apr-2022Current
Reju Thankachan Country flag representing In Nominee Director 10-Aug-2023Current
Byrappa Venkatesha Country flag representing In Nominee Director 06-May-2021Current
Gurudatta Suryanarayanarao Country flag representing In Nominee Director 20-Jun-2024Current
Naveen Singh Country flag representing In Nominee Director 27-Jun-2023Current

Financial Performance of Rajiv Gandhi Housing Corporation.

Rajiv Gandhi Housing Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 89.59% increase. The company also saw a substantial improvement in profitability, with a 299% increase in profit. The company's net worth Soared by an impressive increase of 63.07%.

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
89.59%
Revenue from Operations
48.35%
Total Assets
37.61%
Profit or Loss
299.00%
Net Worth
63.07%
EBITDA
-345.36%

What is the Ownership and Shareholding Structure of Rajiv Gandhi Housing Corporation?

In 2023, Rajiv Gandhi Housing Corporation 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

₹250.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 250.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2022Canara Bank₹250.00 CrOpen

How Many Employees Work at Rajiv Gandhi Housing Corporation?

Unlock and access historical data on people associated with Rajiv Gandhi Housing Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rajiv Gandhi Housing Corporation, 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 Rajiv Gandhi Housing Corporation'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 Rajiv Gandhi Housing Corporation

Recent activity within the organization

  • Director Appointment

    Gurudatta Suryanarayanarao was appointed as a Nominee Director was appointed as a Nominee Director on 20 Jun 2024 & has been associated with this company since 8 months 3 days .

    20 Jun 2024

  • Annual General Meeting

    Rajiv Gandhi Housing Corporation Limited last Annual general meeting of members was held on 09 Feb 2024 as per latest MCA records.

    09 Feb 2024

  • Director Appointment

    Reju Murickummoodu Thankachan was appointed as a Nominee Director was appointed as a Nominee Director on 10 Aug 2023 & has been associated with this company since 1 year 6 months .

    10 Aug 2023

  • Director Appointment

    Susheelamma Narayanappa was appointed as a Managing Director was appointed as a Managing Director on 30 Jun 2023 & has been associated with this company since 1 year 7 months .

    30 Jun 2023

  • Director Appointment

    Naveen Raj Singh was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jun 2023 & has been associated with this company since 1 year 7 months .

    27 Jun 2023

  • Balance Sheet

    Rajiv Gandhi Housing Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Rajiv Gandhi Housing Corporation Limited was incorporated on 20 Apr 2000.

  • The authorized share capital of Rajiv Gandhi Housing Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 7 directors are associated with Rajiv Gandhi Housing Corporation Limited.

    • Rakesh Kumar Krishna Murthy
    • Reju Murickummoodu Thankachan
    • Kavitha Sangamesh Mannikeri
    • Byrappa Venkatesha
    • Susheelamma Narayanappa
    • Gurudatta Suryanarayanarao
    • Naveen Raj Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rajiv Gandhi Housing Corporation Limited is 9Th Floor E/F-Block Cbab Complex Cauvery Bhavan, India, Bangalore, Karnataka, 560009.

  • The corporate identification number (CIN) of Rajiv Gandhi Housing Corporation Limited is U85310KA2000SGC026951 and the company number is 026951 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rajiv Gandhi Housing Corporation Limited is https://www.ashraya.karnataka.gov.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Rajiv Gandhi Housing Corporation Limited has risen by 89.59%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Rajiv Gandhi Housing Corporation Limited has experienced an upsurge of 63.07%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Rajiv Gandhi Housing Corporation Limited amount to ₹ 250.00 Cr.

  • The most recent Balance Sheet for Rajiv Gandhi Housing Corporation Limited was filed with the ROC on 31 Mar 2023.

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