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: January 17, 2025

Rite Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.07 Cr
  • Company Age 23 Year, 2 Days
  • 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 Days 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

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

Board Members (2)

Name Designation Appointment Date Status
Pratik Jiyani Country flag representing In Director 30-Nov-2020 Current
Chandrashekhar Parte Country flag representing In Additional Director 01-Nov-2022 Current

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%.

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
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

Date Lender Amount Status
14 Sep 2016 Others ₹5.02 Cr Satisfied
31 Dec 2015 Edelweiss Housing Finance Limited ₹8.50 Cr Satisfied
30 Nov 2015 Janaseva Sahakari Bank (Borvli) Ltd ₹5.00 M Satisfied
09 Oct 2015 Indiabulls Housing Finance Limited ₹5.00 Cr Satisfied
12 Feb 2015 Janaseva Sahakari Bank( Borivli) Ltd. ₹9.50 M Satisfied

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.

Graph showing employee growth trends

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 3 months .

    01 Nov 2022

  • 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.

    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.

    16 Jun 2021

  • Charges

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

    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.

    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 2 months .

    30 Nov 2020

Frequently asked questions

  • Rite Developers Private Limited was incorporated on 01 Feb 2002.

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

  • Currently 2 directors are associated with Rite Developers Private Limited.

    • Pratik Shantilal Jiyani
    • Chandrashekhar Balaji Parte
  • 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.

  • 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).

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

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

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

  • 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%.

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

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