Riteway Projects Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 12 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.19 Cr
- Revenue Growth -12.58%
- Profit Growth 24.62%
- Ebitda 55.56%
- Net Worth 24.21%
- Total Assets 48.77%
About Riteway Projects
Riteway Projects Private Limited (RPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 April 2012 and has a history of 12 years and ten months. Its registered office is in Bangaluru, Karnataka, 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 5.00 M.
The company currently has active open charges totaling ₹18.19 Cr.
Thimme Reddy, Adappa Babu, Marri Yadav, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U70100KA2012PTC063522
- Company No.
063522
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Apr 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Riteway Projects?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thimme Reddy  | Managing Director | 12-Apr-2012 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Adappa Babu | Director | 12-Apr-2012 | Current |
| Marri Yadav | Director | 30-Dec-2015 | Current |
| Anandareddy Shobha | Director | 12-Apr-2012 | Current |
Financial Performance of Riteway Projects.
Riteway Projects Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.58% decrease. The company also saw a substantial improvement in profitability, with a 24.62% increase in profit. The company's net worth Soared by an impressive increase of 24.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Riteway Projects?
In 2023, Riteway Projects had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hyggelig Co-Working Private LimitedAdappa Babu is a mutual person
Quarius Rocks LlpThimme Reddy and Adappa Babu are mutual person
- Yatna Mining Private Limited
Thimme Reddy is a mutual person
- Legacy Stones Private Limited
Thimme Reddy and Adappa Babu are mutual person
- Balmuri Luxury Resorts Private Limited
Thimme Reddy is a mutual person
- Guruvar Hospitality Private Limited
Thimme Reddy and Adappa Babu are mutual person
Charges (Loans)
₹18.19 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 11.68 Cr
- Hdfc Bank Limited : 4.63 Cr
- Hdb Financial Services Limited : 1.88 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jun 2023 | Hdb Financial Services Limited | ₹1.88 Cr | Open |
| 16 Mar 2023 | Others | ₹3.35 Cr | Open |
| 09 Feb 2023 | Hdfc Bank Limited | ₹4.28 M | Open |
| 28 Sep 2022 | Hdfc Bank Limited | ₹4.20 Cr | Open |
| 13 Dec 2021 | Others | ₹2.00 M | Open |
How Many Employees Work at Riteway Projects?
Unlock and access historical data on people associated with Riteway Projects, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Riteway Projects, 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 Riteway Projects'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
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