Ras Developments Private Limited

Real estate development and construction company with completed and ongoing projects in multiple locations.

2004 | New Delhi, Delhi (India) | Active
Last Updated: July 04, 2024

Ras Developments Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.25 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.75 Cr
  • Satisfied Charges ₹ 20.54 Cr
  • Revenue Growth 64.89%
  • Profit Growth -64.85%
  • Ebitda -184.62%
  • Net Worth 1.79%
  • Total Assets 5.66%

About Ras Developments

Ras Developments Private Limited (RDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 2004 and has a history of 20 years and ten months. Its registered office is in New Delhi, Delhi, India.

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 6.00 Cr and a paid-up capital of Rs 5.25 Cr.

The company currently has active open charges totaling ₹9.75 Cr. The company has closed loans amounting to ₹20.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Multan Singh and Rajesh Giri serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL2004PTC125080

  • Company No.

    125080

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

What products or services does Ras Developments Private Limited offer?

Ras Developments Private Limited offers a wide range of products and services, including Real Estate Services, Real Estate Developer, Residential Property, Residential Flats.

Who are the key members and board of directors at Ras Developments?

Board Members (2)

Name Designation Appointment Date Status
Multan Singh Country flag representing In Director 10-Mar-2004 Current
Rajesh Giri Country flag representing In Director 02-Nov-2022 Current

Financial Performance of Ras Developments.

Ras Developments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.89% increase. The company also saw a substantial fall in profitability, with a 64.85% decrease in profit. The company's net worth moved up by a moderate rise of 1.79%.

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
64.89%
Revenue from Operations
61.96%
Total Assets
5.66%
Profit or Loss
-64.85%
Net Worth
1.79%
EBITDA
-184.62%

What is the Ownership and Shareholding Structure of Ras Developments?

In 2023, Ras Developments 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

₹9.75 Cr

Satisfied Charges

₹20.54 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.52 Cr
  • Oriental Bank Of Commerce : 3.77 Cr
  • Bank Of Baroda : 0.47 Cr

Latest Charge Details

Date Lender Amount Status
07 Oct 2020 Others ₹3.10 M Open
22 Dec 2014 Bank Of Baroda ₹4.65 M Open
05 Dec 2013 Oriental Bank Of Commerce ₹6.52 M Open
22 Apr 2013 Others ₹5.21 Cr Open
21 Aug 2012 Oriental Bank Of Commerce ₹2.51 M Open

How Many Employees Work at Ras Developments?

Ras Developments has a workforce of 3 employees as of Mar 21, 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 Ras Developments, 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 Ras Developments'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 Ras Developments

Recent activity within the organization

  • Annual General Meeting

    Ras Developments Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ras Developments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Rajesh Kumar Giri was appointed as a Director was appointed as a Director on 02 Nov 2022 & has been associated with this company since 2 years 3 months .

    02 Nov 2022

  • Charges

    A charge with Others of Rs. 5.21 Cr registered on 22 Apr 2013 with Charge ID 10428171 was modified on 16 Jul 2022.

    16 Jul 2022

  • Charges

    A charge with Others amounted to Rs. 0.31 Cr with Charge ID 100389756 was registered on 07 Oct 2020.

    07 Oct 2020

  • Charges

    A charge registered on 31 Jul 2015 via Charge ID 10587666 with Hdb Financial Services Limited was fully satisfied on 08 May 2019.

    08 May 2019

Frequently asked questions

  • Ras Developments Private Limited was incorporated on 10 Mar 2004.

  • The authorized share capital of Ras Developments Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.25 Cr.

  • Currently 2 directors are associated with Ras Developments Private Limited.

    • Multan Singh
    • Rajesh Kumar Giri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ras Developments Private Limited is Flat No. 504, Chiranjiv Tower 43 Nehru Place Nehru Place, New Delhi, India, 110019.

  • The corporate identification number (CIN) of Ras Developments Private Limited is U74899DL2004PTC125080 and the company number is 125080 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ras Developments Private Limited is https://www.rasindia.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ras Developments Private Limited has risen by 64.89%.

  • As Per 2023 financial reports, 3 employees are currently employed by Ras Developments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ras Developments Private Limited has experienced an upsurge of 1.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ras Developments Private Limited amount to ₹ 9.75 Cr.

  • The most recent Balance Sheet for Ras Developments Private Limited was filed with the ROC on 31 Mar 2023.

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