Ritesh Developers Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.55 M
- Company Age 20 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.47 Cr
- Satisfied Charges ₹ 2.19 Cr
- Revenue Growth -49.65%
- Profit Growth -43.29%
- Ebitda -36.15%
- Net Worth 3.27%
- Total Assets -14.17%
About Ritesh Developers
Ritesh Developers Private Limited (RDPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 August 2004 and has a history of 20 years and five months. Its registered office is in Goa, Goa, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 6.55 M.
The company currently has active open charges totaling ₹10.47 Cr. The company has closed loans amounting to ₹2.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mrs Verenkar and Rajesh Verenkar serve as directors at the Company.
Company Details
- Location
Goa, Goa, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31200GA2004PTC003588
- Company No.
003588
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Aug 2004
- Date of AGM
23 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Goa
Industry
Who are the key members and board of directors at Ritesh Developers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mrs Verenkar  | Managing Director | 01-Apr-2005 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Verenkar | Director | 22-May-2022 | Current |
Financial Performance of Ritesh Developers.
Ritesh Developers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 49.65% decrease. The company also saw a substantial fall in profitability, with a 43.29% decrease in profit. The company's net worth moved up by a moderate rise of 3.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ritesh Developers?
In 2022, Ritesh Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹10.47 Cr
₹2.19 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 5.27 Cr
- The Goa Urban Co-Operative Bank Limited : 1.59 Cr
- The Goa Urban Cooperative Bank Ltd : 1.00 Cr
- Yes Bank Limited : 0.65 Cr
- The Goa Urban Co-Op. Bank Ltd. : 0.59 Cr
- Others : 1.38 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2020 | Bank Of India | ₹1.90 M | Open |
| 28 Feb 2019 | Yes Bank Limited | ₹6.50 M | Open |
| 03 Nov 2010 | Hdfc Bank Limited | ₹1.00 M | Open |
| 26 Oct 2010 | The Goa Urban Co-Operative Bank Limited | ₹1.59 Cr | Open |
| 14 Dec 2009 | Kotak Mahindra Bank Limited | ₹5.11 M | Open |
How Many Employees Work at Ritesh Developers?
Ritesh Developers has a workforce of 10 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ritesh 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 Ritesh Developers's trajectory.
Rating
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
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.
