Ratnabhumi Developers Limited

Real estate development services including land acquisition, planning, construction, and maintenance in India.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 26, 2024

Ratnabhumi Developers Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 13.70 Cr
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 139.85 Cr
  • Satisfied Charges ₹ 58.92 Cr
  • Revenue Growth -61.70%
  • Profit Growth 38.75%
  • Ebitda 171.81%
  • Net Worth 0.67%
  • Total Assets 123.24%

About Ratnabhumi Developers

Ratnabhumi Developers Limited (RDL) is a Public Limited Indian Non-Government Company incorporated in India on 27 July 2006 and has a history of 18 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540796.

The Corporate was formerly known as Navratna C G Road Properties 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 2023. It's a company limited by shares with an authorized capital of Rs 14.00 Cr and a paid-up capital of Rs 13.70 Cr.

The company currently has active open charges totaling ₹139.85 Cr. The company has closed loans amounting to ₹58.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ratnabhumi Developers Limited India are Rinni Shah as CFO and Divya Joshi as Company Secretary. Shaishav Shah, Devarsh Fadia, Avaniben Sanghavi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ratnagroup.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L45200GJ2006PLC048776

  • Company No.

    048776

  • Stock Symbol

    BSE : 540796

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 2006

  • Date of AGM

    08 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Real Estate and Construction

Who are the key members and board of directors at Ratnabhumi Developers?

Executive Team (3)

NameDesignationAppointment DateStatus
Rinni Shah Country flag representing In CFO18-Sep-2017Current
Divya Joshi Company Secretary26-Jan-2024Current
Kaivan Shah Country flag representing In Managing Director01-Oct-2016Current

Board Members (4)

NameDesignationAppointment DateStatus
Smit Shah Country flag representing In Director 29-Sep-2017Current
Shaishav Shah Country flag representing In Director 31-Jul-2017Current
Devarsh Fadia Country flag representing In Director Current
Avaniben Sanghavi Country flag representing In Director 07-Jun-2021Current

Financial Performance of Ratnabhumi Developers.

Ratnabhumi Developers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 61.7% decrease. The company also saw a substantial improvement in profitability, with a 38.75% increase in profit. The company's net worth moved up by a moderate rise of 0.67%.

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
-61.70%
Revenue from Operations
-62.40%
Total Assets
123.24%
Profit or Loss
38.75%
Net Worth
0.67%
EBITDA
171.81%

What is the Ownership and Shareholding Structure of Ratnabhumi Developers?

In 2023, Ratnabhumi Developers had a promoter holding of 73.57% and a public holding of 26.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹139.85 Cr

Satisfied Charges

₹58.92 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 102.25 Cr
  • Others : 29.00 Cr
  • Indian Bank : 8.60 Cr

Latest Charge Details

DateLenderAmountStatus
05 Sep 2023Others₹15.00 CrOpen
04 Sep 2023Indian Bank₹8.60 CrOpen
14 Mar 2022State Bank Of India₹53.00 CrOpen
14 Mar 2022State Bank Of India₹49.25 CrOpen
09 Mar 2022Others₹14.00 CrOpen

How Many Employees Work at Ratnabhumi Developers?

Unlock and access historical data on people associated with Ratnabhumi Developers, 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 Ratnabhumi Developers, 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 Ratnabhumi Developers'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 Ratnabhumi Developers

Recent activity within the organization

  • Director Appointment

    Divya Dharmendrabhai Joshi was appointed as a Company Secretary was appointed as a Company Secretary on 26 Jan 2024 & has been associated with this company since 1 year 26 days .

    26 Jan 2024

  • Annual General Meeting

    Ratnabhumi Developers Limited last Annual general meeting of members was held on 08 Sep 2023 as per latest MCA records.

    08 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100786065 was registered on 05 Sep 2023.

    05 Sep 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 8.60 Cr with Charge ID 100786049 was registered on 04 Sep 2023.

    04 Sep 2023

  • Balance Sheet

    Ratnabhumi Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 53.00 Cr with Charge ID 100550803 was registered on 14 Mar 2022.

    14 Mar 2022

Frequently asked questions

  • Ratnabhumi Developers Limited was incorporated on 27 Jul 2006.

  • The authorized share capital of Ratnabhumi Developers Limited is ₹ 14.00 Cr and paid-up capital is ₹ 13.70 Cr.

  • Currently 8 directors are associated with Ratnabhumi Developers Limited.

    • Shaishav Amitbhai Shah
    • Rinni Kaivanbhai Shah
    • Divya Dharmendrabhai Joshi
    • Devarsh Divyen Fadia
    • Avaniben Rohit Sanghavi
    • Smit Sanjaykumar Shah
    • Rinni Kaivanbhai Shah
    • Kaivan Jitendrakumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ratnabhumi Developers Limited is S.F. 207 Turquoise Panchvati Panch Rasta, Nr. White House E.B. C.G. Road, Ahmedabad, Gujarat, India, 380009.

  • The corporate identification number (CIN) of Ratnabhumi Developers Limited is L45200GJ2006PLC048776 and the company number is 048776 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ratnabhumi Developers Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Ratnabhumi Developers Limited is https://www.ratnagroup.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ratnabhumi Developers Limited has fallen by -61.70%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ratnabhumi Developers Limited has experienced an upsurge of 0.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ratnabhumi Developers Limited amount to ₹ 139.85 Cr.

  • The most recent Balance Sheet for Ratnabhumi Developers Limited was filed with the ROC on 31 Mar 2023.

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