Right Channel Constructions Private Limited

Developing and constructing residential and commercial real estate projects in various locations.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated:

Right Channel Constructions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 71.80 Cr
  • Satisfied Charges ₹ 270.76 Cr
  • Revenue Growth -13.45%
  • Profit Growth -69.56%
  • Ebitda -99.55%
  • Net Worth 7.34%
  • Total Assets -13.07%

About Right Channel Constructions

Right Channel Constructions Private Limited (RCCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 December 2008 and has a history of 16 years and three months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹71.80 Cr. The company has closed loans amounting to ₹270.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Akhilesh Pandey and Devendra Pandey 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

    U45202MH2008PTC188854

  • Company No.

    188854

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 2008

  • 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

What products or services does Right Channel Constructions Private Limited offer?

Right Channel Constructions Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Serviced Apartments, Residential Property, Residential Flats.

Who are the key members and board of directors at Right Channel Constructions?

Board Members (2)

NameDesignationAppointment DateStatus
Akhilesh Pandey Country flag representing In Director 02-May-2018Current
Devendra Pandey Country flag representing In Additional Director 03-Oct-2024Current

Financial Performance of Right Channel Constructions.

Right Channel Constructions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.45% decrease. The company also saw a substantial fall in profitability, with a 69.56% decrease in profit. The company's net worth moved up by a moderate rise of 7.34%.

Right Channel Constructions revenue growth over time
Right Channel Constructions 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
-13.45%
Revenue from Operations
-14.44%
Total Assets
-13.07%
Profit or Loss
-69.56%
Net Worth
7.34%
EBITDA
-99.55%

What is the Ownership and Shareholding Structure of Right Channel Constructions?

In 2023, Right Channel Constructions 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

₹71.80 Cr

Satisfied Charges

₹270.76 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 70.00 Cr
  • India Infoline Housing Finance Limited : 1.48 Cr
  • Hdfc Bank Limited : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
20 Aug 2024Hdfc Bank Limited₹3.24 MOpen
19 Jan 2024Idbi Trusteeship Services Limited₹70.00 CrOpen
30 Oct 2015India Infoline Housing Finance Limited₹1.48 CrOpen
30 Dec 2022Others₹9.96 CrSatisfied
28 Jan 2022Others₹1.50 CrSatisfied

How Many Employees Work at Right Channel Constructions?

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

Employee growth trends for Right Channel Constructions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Right Channel Constructions, 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 Right Channel Constructions'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 Right Channel Constructions

Recent activity within the organization

  • Director Appointment

    Devendra Hanuman Pandey was appointed as a Additional Director was appointed as a Additional Director on 03 Oct 2024 & has been associated with this company since 5 months 28 days .

  • Annual General Meeting

    Right Channel Constructions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100986737 was registered on 20 Aug 2024.

  • Balance Sheet

    Right Channel Constructions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 70.00 Cr with Charge ID 100866653 was registered on 19 Jan 2024.

  • Charges

    A charge registered on 28 Jan 2022 via Charge ID 100542425 with Others was fully satisfied on 12 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Right Channel Constructions Private Limited?

    Right Channel Constructions Private Limited was incorporated on 12 Dec 2008.

  • What is authorized share capital and paid-up capital of Right Channel Constructions Private Limited?

    The authorized share capital of Right Channel Constructions Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of Right Channel Constructions Private Limited?

    Currently 2 directors are associated with Right Channel Constructions Private Limited.

    • Akhilesh Dhirendra Pandey
    • Devendra Hanuman Pandey
  • What is the registered address of Right Channel Constructions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Right Channel Constructions Private Limited is 202 Sakhi Apartment Near Dheeraj Presidency M G Road Kandivali (West), India, Mumbai, Maharashtra, 400067.

  • What is the corporate identification number (CIN) and company number of Right Channel Constructions Private Limited?

    The corporate identification number (CIN) of Right Channel Constructions Private Limited is U45202MH2008PTC188854 and the company number is 188854 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Right Channel Constructions Private Limited?

    The Official website of Right Channel Constructions Private Limited is https://www.rightchannelconstructions.com

  • What has been the recent revenue trend for Right Channel Constructions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Right Channel Constructions Private Limited has fallen by -13.45%.

  • What change has been observed in the net worth of Right Channel Constructions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Right Channel Constructions Private Limited has experienced an upsurge of 7.34%.

  • What are the total open charges for Right Channel Constructions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Right Channel Constructions Private Limited amount to ₹ 71.80 Cr.

  • When was the last Balance Sheet of Right Channel Constructions Private Limited filed with the ROC?

    The most recent Balance Sheet for Right Channel Constructions Private Limited was filed with the ROC on 31 Mar 2024.

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