Rare Realty Development Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 33 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 586.75 Cr
- Satisfied Charges ₹ 1,122.95 Cr
- Revenue Growth %
- Profit Growth -106.50%
- Ebitda -109.74%
- Net Worth -0.08%
- Total Assets -3.19%
About Rare Realty Development
Rare Realty Development Private Limited (RRDPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 October 1991 and has a history of 33 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Atithi Builders And Constructors Private 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 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹586.75 Cr. The company has closed loans amounting to ₹1,122.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Yogesh Thakkar and Ashok Jadhav serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45200MH1991PTC063767
- Company No.
063767
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Oct 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Real Estate and Construction
Rare Realty Development Private Limited
Explore comprehensive data for Rare Realty Development Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rare Realty Development?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Thakkar  | Director | 27-Jan-2022 | Current |
| Ashok Jadhav | Director | 27-Jan-2022 | Current |
Financial Performance of Rare Realty Development.
Rare Realty Development Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 106.5% decrease in profit. The company's net worth dipped by a decrease of 0.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rare Realty Development?
In 2023, Rare Realty Development had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Ashvi Developers Private Limited
Yogesh Thakkar and Ashok Jadhav are mutual person
- Ariisto Realtors Development Private Limited
Yogesh Thakkar is a mutual person
- Ashna Realtors Private Limited
Yogesh Thakkar and Ashok Jadhav are mutual person
- Ariisto Shelters Private Limited
Yogesh Thakkar and Ashok Jadhav are mutual person
- Avdhut Properties Private Limited
Yogesh Thakkar and Ashok Jadhav are mutual person
- Ariisto Realtors Private Limited
Yogesh Thakkar and Ashok Jadhav are mutual person
Charges (Loans)
Open Charges
₹5,867.50 M
Satisfied Charges
₹11,229.50 M
Charges Breakdown by Lending Institutions
- Others : 556.00 Cr
- Il & Fs Trust Company Limited : 30.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2019 | Others | ₹96.00 Cr | Open |
| 08 Jan 2019 | Others | ₹40.00 Cr | Open |
| 06 Nov 2017 | Others | ₹170.00 Cr | Open |
| 16 Oct 2015 | Il & Fs Trust Company Limited | ₹30.75 Cr | Open |
| 27 Jun 2013 | Others | ₹250.00 Cr | Open |
How Many Employees Work at Rare Realty Development?
Unlock and access historical data on people associated with Rare Realty Development, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rare Realty 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 Rare Realty Development's trajectory.
Rating
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
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 Rare Realty Development
Recent activity within the organization
- Annual General Meeting
Rare Realty Development Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Rare Realty Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 16 Feb 2015 via Charge ID 10554554 with Axis Trustee Services Limited was fully satisfied on 08 Feb 2024.
- Charges
A charge with Others of Rs. 960.00 M registered on 19 Jun 2019 with Charge ID 100279761 was modified on 28 Jun 2022.
- Director Appointment
Yogesh Pravinchandra Thakkar was appointed as a Director was appointed as a Director on 27 Jan 2022 & has been associated with this company since 3 years 3 months .
- Director Appointment
Ashok Kashinath Jadhav was appointed as a Director was appointed as a Director on 27 Jan 2022 & has been associated with this company since 3 years 3 months .
Recent News, Updates & Announcement
NCLT admits insolvency plea against Ariisto Developers.The company has been in talks with realty developers including Lodha Developers and Shapoorji Pallonji Real Estate to enter into a joint development agreement and monetise two of its under-construction projects..
- PE firm IPAL Fund Managers set to launch Rs350 crore fund | Mint.
IPAL is one of the many funds that have built their investment theme around bulk-buying of apartments.
Frequently asked questions
What is the Incorporation or founding date of Rare Realty Development Private Limited?
Rare Realty Development Private Limited was incorporated on 25 Oct 1991.
What is authorized share capital and paid-up capital of Rare Realty Development Private Limited?
The authorized share capital of Rare Realty Development Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Rare Realty Development Private Limited?
Currently 2 directors are associated with Rare Realty Development Private Limited.
- Yogesh Pravinchandra Thakkar
- Ashok Kashinath Jadhav
What is the registered address of Rare Realty Development Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rare Realty Development Private Limited is 8Th Floor Ariisto House N. S. Phadke Road Near East-West Flyover, Andheri (East) India, Mumbai, Maharashtra, 400069.
What is the corporate identification number (CIN) and company number of Rare Realty Development Private Limited?
The corporate identification number (CIN) of Rare Realty Development Private Limited is U45200MH1991PTC063767 and the company number is 063767 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rare Realty Development Private Limited?
The Official website of Rare Realty Development Private Limited is https://www.ariisto.com
What change has been observed in the net worth of Rare Realty Development Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rare Realty Development Private Limited has experienced an downturn of -0.08%.
What are the total open charges for Rare Realty Development Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rare Realty Development Private Limited amount to ₹ 586.75 Cr.
When was the last Balance Sheet of Rare Realty Development Private Limited filed with the ROC?
The most recent Balance Sheet for Rare Realty Development Private Limited was filed with the ROC on 31 Mar 2024.
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