Rightway Developers Private Limited

Provides real estate services to clients.

2009 | Vellore, Tamil Nadu (India) | Active
Last Updated: December 17, 2024

Rightway Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.75 M
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -9.54%
  • Ebitda 17.56%
  • Net Worth -2.21%
  • Total Assets -1.55%

About Rightway Developers

Rightway Developers Private Limited (RDPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 November 2009 and has a history of 15 years and two months. Its registered office is in Vellore, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 8.75 M, as per Ministry of Corporate Affairs (MCA) records.

Patel Yousuf, Pookutti Ahmed, Moolakadai Muneer, and One other member serve as directors at the Company.

Company Details

  • Location

    Vellore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200TN2009PTC073602

  • Company No.

    073602

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

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

Board Members (4)

Name Designation Appointment Date Status
Patel Yousuf Country flag representing In Director 19-Nov-2009 Current
Pookutti Ahmed Country flag representing In Director 19-Nov-2009 Current
Moolakadai Muneer Country flag representing In Director 19-Nov-2009 Current
Chakwa Mohammed Country flag representing In Director 19-Nov-2009 Current

Financial Performance of Rightway Developers.

Rightway Developers Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 9.54% decrease in profit. The company's net worth dipped by a decrease of 2.21%.

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
Revenue from Operations
Total Assets
-1.55%
Profit or Loss
-9.54%
Net Worth
-2.21%
EBITDA
17.56%

What is the Ownership and Shareholding Structure of Rightway Developers?

In 2020, Rightway Developers had a promoter holding of 11.00% and a public holding of 89.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Rightway Developers?

Unlock and access historical data on people associated with Rightway 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 Rightway 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 Rightway Developers's trajectory.

Rating

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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 Rightway Developers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Rightway Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Patel Mohammed Yousuf was appointed as a Director was appointed as a Director on 19 Nov 2009 & has been associated with this company since 15 years 2 months .

    19 Nov 2009

  • Director Appointment

    Pookutti Shabbeer Ahmed was appointed as a Director was appointed as a Director on 19 Nov 2009 & has been associated with this company since 15 years 2 months .

    19 Nov 2009

  • Director Appointment

    Moolakadai Mohamed Muneer was appointed as a Director was appointed as a Director on 19 Nov 2009 & has been associated with this company since 15 years 2 months .

    19 Nov 2009

  • Director Appointment

    Chakwa Pervaze Mohammed was appointed as a Director was appointed as a Director on 19 Nov 2009 & has been associated with this company since 15 years 2 months .

    19 Nov 2009

Frequently asked questions

  • Rightway Developers Private Limited was incorporated on 19 Nov 2009.

  • The authorized share capital of Rightway Developers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.75 M.

  • Currently 4 directors are associated with Rightway Developers Private Limited.

    • Patel Mohammed Yousuf
    • Pookutti Shabbeer Ahmed
    • Moolakadai Mohamed Muneer
    • Chakwa Pervaze Mohammed
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rightway Developers Private Limited is 843, Madurai Ismail Street Khaderpet India, Vaniyambadi, Tamil Nadu, 635751.

  • The corporate identification number (CIN) of Rightway Developers Private Limited is U45200TN2009PTC073602 and the company number is 073602 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rightway Developers Private Limited is https://www.hijazleathers.com

  • The financial reports for the fiscal year 2020 indicates that The net worth of Rightway Developers Private Limited has experienced an downturn of -2.21%.

  • The most recent Balance Sheet for Rightway Developers Private Limited was filed with the ROC on 31 Mar 2024.