Ratan Housing Development Limited

Real estate development company with projects in multiple cities, including residential and commercial properties.

1998 | Kanpur, Uttar Pradesh (India) | Active
Last Updated: July 17, 2024

Ratan Housing Development Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 3.33 Cr
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 299.73 Cr
  • Satisfied Charges ₹ 448.57 Cr
  • Revenue Growth 3.22%
  • Profit Growth -68.51%
  • Ebitda 47.21%
  • Net Worth 4.95%
  • Total Assets -1.62%

About Ratan Housing Development

Ratan Housing Development Limited (RHDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 March 1998 and has a history of 26 years and ten months. Its registered office is in Kanpur, Uttar Pradesh, India.

The Corporate was formerly known as Goverdhan Textiles Limited. The Company is engaged in the Fashion And Textile 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 7.00 Cr and a paid-up capital of Rs 3.33 Cr.

The company currently has active open charges totaling ₹299.73 Cr. The company has closed loans amounting to ₹448.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Atma Ram, Raj Khatri, Sanjay Khatri, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Kanpur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17117UP1998PLC023288

  • Company No.

    023288

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Fashion and Textile
Real Estate and Construction

What products or services does Ratan Housing Development Limited offer?

Ratan Housing Development Limited offers a wide range of products and services, including Technology Support Services, Technical Support Service, IT Enabled Services, Construction Service, Residential Construction Projects.

Who are the key members and board of directors at Ratan Housing Development?

Executive Team (1)

Name Designation Appointment Date Status
Atma Ram Country flag representing In Managing Director 27-Mar-1998 Current

Board Members (10)

Name Designation Appointment Date Status
Sanjay Khatri Country flag representing In Director 11-Nov-2004 Current
Raj Khatri Country flag representing In Director 27-Mar-1998 Current
Hira Khatri Country flag representing In Director 27-Mar-1998 Current
Kritika Khatri Country flag representing In Director 14-Feb-2016 Current
Om Badlani Country flag representing In Director 14-Feb-2016 Current
Sanjay Agarwal Country flag representing In Director 14-Feb-2016 Current

Financial Performance of Ratan Housing Development.

Ratan Housing Development Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.22% increase. The company also saw a substantial fall in profitability, with a 68.51% decrease in profit. The company's net worth moved up by a moderate rise of 4.95%.

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
3.22%
Revenue from Operations
9.31%
Total Assets
-1.62%
Profit or Loss
-68.51%
Net Worth
4.95%
EBITDA
47.21%

What is the Ownership and Shareholding Structure of Ratan Housing Development?

In 2023, Ratan Housing 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹299.73 Cr

Satisfied Charges

₹448.57 Cr

Charges Breakdown by Lending Institutions

  • Others : 222.88 Cr
  • Idbi Bank Limited : 41.25 Cr
  • Hdfc Bank Limited : 24.13 Cr
  • Union Bank Of India : 7.54 Cr
  • Icici Bank Limited : 3.23 Cr
  • Others : 0.70 Cr

Latest Charge Details

Date Lender Amount Status
27 Mar 2024 Others ₹3.50 M Open
30 Dec 2023 Hdfc Bank Limited ₹1.20 M Open
28 Dec 2023 Hdfc Bank Limited ₹1.25 M Open
19 Dec 2023 Hdfc Bank Limited ₹2.96 M Open
13 Oct 2023 Others ₹4.00 Cr Open

How Many Employees Work at Ratan Housing Development?

Ratan Housing Development has a workforce of 46 employees as of Apr 08, 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 Ratan Housing 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 Ratan Housing 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 Ratan Housing Development

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100900483 was registered on 27 Mar 2024.

    27 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100871784 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100840250 was registered on 28 Dec 2023.

    28 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100864396 was registered on 19 Dec 2023.

    19 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100808349 was registered on 13 Oct 2023.

    13 Oct 2023

  • Annual General Meeting

    Ratan Housing Development Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Ratan Housing Development Limited was incorporated on 27 Mar 1998.

  • The authorized share capital of Ratan Housing Development Limited is ₹ 7.00 Cr and paid-up capital is ₹ 3.33 Cr.

  • Currently 11 directors are associated with Ratan Housing Development Limited.

    • Atma Ram
    • Raj Kumar Khatri
    • Sanjay Khatri
    • Hira Lal Khatri
    • Kritika Khatri
    • Om Prakash Badlani
    • Sanjay Agarwal
    • Hemant Khatri
    • Prashant Khatri
    • Prahlad Rai Khatri
    • Sunil Khatri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ratan Housing Development Limited is 113/70 Swaroop Nagar, Kanpur, Uttar Pradesh, India, 208002.

  • The corporate identification number (CIN) of Ratan Housing Development Limited is U17117UP1998PLC023288 and the company number is 023288 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ratan Housing Development Limited is https://www.ratanhousing.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ratan Housing Development Limited has risen by 3.22%.

  • As Per 2023 financial reports, 46 employees are currently employed by Ratan Housing Development Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ratan Housing Development Limited has experienced an upsurge of 4.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ratan Housing Development Limited amount to ₹ 299.73 Cr.

  • The most recent Balance Sheet for Ratan Housing Development Limited was filed with the ROC on 31 Mar 2023.

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