Rite Developers Private Limited

Real estate development company providing residential and commercial structures development services since 2002.

2002 | Mumbai, Maharashtra (India) | Under Liquidation
Last Updated:

Rite Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.07 Cr
  • Company Age 23 Year, 2 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 24.02 Cr
  • Revenue Growth 25.99%
  • Profit Growth -2.90%
  • Ebitda -158.46%
  • Net Worth 6.85%
  • Total Assets 38.02%

About Rite Developers

Rite Developers Private Limited (RDPL) is Under Liquidation company established on 01 Feb 2002 with its office registered at Mumbai, Maharashtra, India and has been running since 23 Year, 2 Months with a paid up capital of 1.07 Cr. According to MCA records, 2 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201MH2002PTC134760

  • Company No.

    134760

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Feb 2002

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction
Company report

Rite Developers Private Limited

Explore comprehensive data for Rite Developers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Pratik Jiyani Country flag representing In Director 30-Nov-2020Current
Chandrashekhar Parte Country flag representing In Additional Director 01-Nov-2022Current

Financial Performance of Rite Developers.

Rite Developers Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 25.99% increase. The company also saw a slight decrease in profitability, with a 2.9% decrease in profit. The company's net worth moved up by a moderate rise of 6.85%.

Rite Developers revenue growth over time
Rite Developers 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
25.99%
Revenue from Operations
149.03%
Total Assets
38.02%
Profit or Loss
-2.90%
Net Worth
6.85%
EBITDA
-158.46%

What is the Ownership and Shareholding Structure of Rite Developers?

In 2019, Rite Developers had a promoter holding of 100.00%. The company had 3 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

₹0

Satisfied Charges

₹24.02 Cr

Charges Breakdown by Lending Institutions

  • Edelweiss Housing Finance Limited : 8.50 Cr
  • Others : 6.46 Cr
  • Indiabulls Housing Finance Limited : 5.00 Cr
  • Janaseva Sahakari Bank (Borivli) Ltd. : 1.00 Cr
  • Janaseva Sahakari Bank( Borivli) Ltd. : 0.95 Cr
  • Others : 2.11 Cr

Latest Charge Details

DateLenderAmountStatus
14 Sep 2016Others₹5.02 CrSatisfied
31 Dec 2015Edelweiss Housing Finance Limited₹8.50 CrSatisfied
30 Nov 2015Janaseva Sahakari Bank (Borvli) Ltd₹5.00 MSatisfied
09 Oct 2015Indiabulls Housing Finance Limited₹5.00 CrSatisfied
12 Feb 2015Janaseva Sahakari Bank( Borivli) Ltd.₹9.50 MSatisfied

How Many Employees Work at Rite Developers?

Rite Developers has a workforce of 1 employees as of Apr 05, 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.

Employee growth trends for Rite Developers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rite 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 Rite 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 Rite Developers

Recent activity within the organization

  • Director Appointment

    Chandrashekhar Balaji Parte was appointed as a Additional Director was appointed as a Additional Director on 01 Nov 2022 & has been associated with this company since 2 years 5 months .

  • Charges

    A charge registered on 30 Nov 2015 via Charge ID 10615185 with Janaseva Sahakari Bank (Borvli) Ltd was fully satisfied on 16 Jun 2021.

  • Charges

    A charge registered on 12 Feb 2015 via Charge ID 10566659 with Janaseva Sahakari Bank( Borivli) Ltd. was fully satisfied on 16 Jun 2021.

  • Charges

    A charge registered on 01 Feb 2014 via Charge ID 10501942 with Others was fully satisfied on 16 Jun 2021.

  • Charges

    A charge registered on 31 Dec 2015 via Charge ID 10610667 with Edelweiss Housing Finance Limited was fully satisfied on 02 Dec 2020.

  • Director Appointment

    Pratik Shantilal Jiyani was appointed as a Director was appointed as a Director on 30 Nov 2020 & has been associated with this company since 4 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Rite Developers Private Limited?

    Rite Developers Private Limited was incorporated on 01 Feb 2002.

  • What is authorized share capital and paid-up capital of Rite Developers Private Limited?

    The authorized share capital of Rite Developers Private Limited is ₹ 1.60 Cr and paid-up capital is ₹ 1.07 Cr.

  • Who are the current board members & directors of Rite Developers Private Limited?

    Currently 2 directors are associated with Rite Developers Private Limited.

    • Pratik Shantilal Jiyani
    • Chandrashekhar Balaji Parte
  • What is the registered address of Rite Developers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rite Developers Private Limited is Shop No 27 1St Floor Rite Bliss Kandivali Dattatray Chsl Dhanukarwadi, India, Mumbai, Maharashtra, 400067.

  • What is the corporate identification number (CIN) and company number of Rite Developers Private Limited?

    The corporate identification number (CIN) of Rite Developers Private Limited is U45201MH2002PTC134760 and the company number is 134760 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rite Developers Private Limited?

    The Official website of Rite Developers Private Limited is https://www.rite.in

  • What has been the recent revenue trend for Rite Developers Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Rite Developers Private Limited has risen by 25.99%.

  • How many employees does Rite Developers Private Limited currently have?

    As Per 2019 financial reports, 1 employees are currently employed by Rite Developers Private Limited.

  • What change has been observed in the net worth of Rite Developers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Rite Developers Private Limited has experienced an upsurge of 6.85%.

  • When was the last Balance Sheet of Rite Developers Private Limited filed with the ROC?

    The most recent Balance Sheet for Rite Developers Private Limited was filed with the ROC on 31 Mar 2019.

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