Varsha Ritu Constructions Private Limited

Constructs industrial parks and leases properties, incorporated in 1989 in Mumbai, Maharashtra.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated:

Varsha Ritu Constructions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 35 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 73.71 Cr
  • Satisfied Charges ₹ 97.40 Cr
  • Revenue Growth -1.32%
  • Profit Growth 636.12%
  • Ebitda 59.34%
  • Net Worth 9.39%
  • Total Assets 1.81%

About Varsha Ritu Constructions

Varsha Ritu Constructions Private Limited (VRCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 December 1989 and has a history of 35 years and three months. Its registered office is in Mumbai, Maharashtra, 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 0.50 M and a paid-up capital of Rs 0.14 M.

The company currently has active open charges totaling ₹73.71 Cr. The company has closed loans amounting to ₹97.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Minal Wadhwa, Harshvardhan Wadhwa, and Manoj Wadhwa serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45202MH1989PTC054489

  • Company No.

    054489

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Varsha Ritu Constructions?

Board Members (3)

NameDesignationAppointment DateStatus
Minal Wadhwa Country flag representing In Director 03-Jul-2015Current
Harshvardhan Wadhwa Country flag representing In Director 18-Nov-2015Current
Manoj Wadhwa Country flag representing In Director 27-Jan-1992Current

Financial Performance of Varsha Ritu Constructions.

Varsha Ritu Constructions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.32% decrease. The company also saw a substantial improvement in profitability, with a 636.12% increase in profit. The company's net worth moved up by a moderate rise of 9.39%.

Varsha Ritu Constructions revenue growth over time
Varsha Ritu Constructions 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
-1.32%
Revenue from Operations
-0.65%
Total Assets
1.81%
Profit or Loss
636.12%
Net Worth
9.39%
EBITDA
59.34%

What is the Ownership and Shareholding Structure of Varsha Ritu Constructions?

In 2023, Varsha Ritu Constructions had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹737.11 M

Satisfied Charges

₹974.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 32.22 Cr
  • Standard Chartered Bank : 21.95 Cr
  • Others : 15.60 Cr
  • Yes Bank Limited : 3.94 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2024Standard Chartered Bank₹4.80 MOpen
08 Feb 2024Standard Chartered Bank₹2.06 CrOpen
08 Feb 2024Standard Chartered Bank₹1.50 CrOpen
17 Sep 2022Hdfc Bank Limited₹2.30 MOpen
24 Jan 2022Standard Chartered Bank₹3.40 CrOpen

How Many Employees Work at Varsha Ritu Constructions?

Unlock and access historical data on people associated with Varsha Ritu Constructions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Varsha Ritu Constructions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varsha Ritu Constructions, 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 Varsha Ritu Constructions'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 Varsha Ritu Constructions

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 4.80 M with Charge ID 100870300 was registered on 08 Feb 2024.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 20.60 M with Charge ID 100870312 was registered on 08 Feb 2024.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 15.00 M with Charge ID 100871281 was registered on 08 Feb 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 124.00 M registered on 14 Aug 2019 with Charge ID 100288338 was modified on 27 Oct 2023.

  • Charges

    A charge with Others of Rs. 91.00 M registered on 08 Jul 2020 with Charge ID 100350221 was modified on 20 Oct 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 153.00 M registered on 26 Sep 2019 with Charge ID 100298674 was modified on 11 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Varsha Ritu Constructions Private Limited?

    Varsha Ritu Constructions Private Limited was incorporated on 04 Dec 1989.

  • What is authorized share capital and paid-up capital of Varsha Ritu Constructions Private Limited?

    The authorized share capital of Varsha Ritu Constructions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.14 M.

  • Who are the current board members & directors of Varsha Ritu Constructions Private Limited?

    Currently 3 directors are associated with Varsha Ritu Constructions Private Limited.

    • Minal Manoj Wadhwa
    • Harshvardhan Manoj Wadhwa
    • Manoj Vasudev Wadhwa

  • What is the registered address of Varsha Ritu Constructions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varsha Ritu Constructions Private Limited is Happy Home 244 Waterfieldsroad Bandra (W) India, Mumbai, Maharashtra, 400050.

  • What is the corporate identification number (CIN) and company number of Varsha Ritu Constructions Private Limited?

    The corporate identification number (CIN) of Varsha Ritu Constructions Private Limited is U45202MH1989PTC054489 and the company number is 054489 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Varsha Ritu Constructions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varsha Ritu Constructions Private Limited has fallen by -1.32%.

  • What change has been observed in the net worth of Varsha Ritu Constructions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Varsha Ritu Constructions Private Limited has experienced an upsurge of 9.39%.

  • What are the total open charges for Varsha Ritu Constructions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Varsha Ritu Constructions Private Limited amount to ₹ 73.71 Cr.

  • When was the last Balance Sheet of Varsha Ritu Constructions Private Limited filed with the ROC?

    The most recent Balance Sheet for Varsha Ritu Constructions Private Limited was filed with the ROC on 31 Mar 2023.

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