DPIIT recognised startup Government of India
Startup India
Madhiraj Homes Private Limited - financial services in Ranchi, Jharkhand, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24.85 Lakh
▲ 217% YoY
Net profit · FY 2024
₹373
Net margin 0%
EBITDA · FY 2024
₹84,279
EBITDA margin 3.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Madhiraj Homes Private Limited
Data last updated:
Madhiraj Homes Private Limited is a private limited company based in Ranchi, Jharkhand, India, recognised as a startup by DPIIT. It operates in the real estate financing segment of the financial services sector. It was incorporated on 07 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U45400JH2018PTC011815.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Viralkumar Ratilal Patel and Ratilal Gopaljibhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6th Floor Samudra Complex Near Hari Om Tower Circular Road Lalpur, Ranchi, Jharkhand, India – 834001.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.85 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹373 (net margin 0%) and EBITDA of ₹84,279 (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 24% over five years.
The company is associated with 1 brand: OLE Stays.
For more details, the company can be reached via its website olestays.com.
Company details
CIN U45400JH2018PTC011815
Registration Number 011815
Incorporation Date 07 September 2018
ROC Ranchi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
Viralkumar Ratilal Patel Director Ratilal Gopaljibhai Patel Director Dhiraj Kankariya Director Recognitions & Rankings of Madhiraj Homes
Contact details
Madhiraj Homes Private Limited's registered office is in Ranchi, Jharkhand. Its website is olestays.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6th Floor Samudra Complex Near Hari Om Tower Circular Road Lalpur, Ranchi, Jharkhand, India – 834001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Madhiraj Homes Private Limited, buy the company report.
Comprehensive company report
Madhiraj Homes Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Madhiraj Homes operates one associated brand: OLE Stays. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for listing and renting residential spaces. | olestays.com |
Business activity
The main business activity of Madhiraj Homes is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Madhiraj Homes Private Limited, buy the company report.
Financials of Madhiraj Homes Private Limited
FY 2024 filings availableMadhiraj Homes Private Limited reported revenue of ₹24.85 Lakh (up 217% YoY) for FY 2024.
Revenue · FY 2024
₹24.85 Lakh ▲ 217%
Net profit · FY 2024
₹373 margin 0%
EBITDA · FY 2024
₹84,279 margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 217%
3 years · compounded
▼ 11%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 595%
3 years · compounded
▲ 28%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 217% growth in the latest year. EBITDA rose 595% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹84,279 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹373 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Madhiraj Homes Private Limited, buy the company report.
Board of directors of Madhiraj Homes Private Limited
Madhiraj Homes has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viralkumar Ratilal Patel | Director | 17 Mar 2020 | 6 Years 7 Months | Current |
| Ratilal Gopaljibhai Patel | Director | 17 Mar 2020 | 6 Years 7 Months | Current |
| Dhiraj Kankariya Also directs: Ole Stays Private Limited | Director | 07 Sep 2018 | 8 Years 2 Months | Current |
Peer comparison
Madhiraj Homes Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NP Projects Private Limited | ₹24.89 Lakh (FY 2024) | 78.0% | New Delhi, Delhi, India | |||
| Madhiraj Homes Private Limitedthis company | ₹24.85 Lakh (FY 2024) | ₹373 | 0% | 217.0% | Ranchi, Jharkhand, India | |
| Rightsize Facility and Management Private Limited | ₹24.82 Lakh (FY 2021) | -50.0% | Gurgaon, Haryana, India | |||
| Masaaki Developers Private Limited | ₹24.82 Lakh (FY 2025) | 1279.0% | Thrissur, Kerala, India | |||
| Magnepan Realty Private Limited | ₹24.81 Lakh (FY 2024) | 5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Madhiraj Homes Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Madhiraj Homes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhiraj Homes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Madhiraj Homes Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Madhiraj Homes Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Anirudh Prasad ceased to be Director on 01 Aug 2021.
AGM
Madhiraj Homes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Madhiraj Homes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ranchi.
Ceased
Anirudh Prasad ceased to be Director.
Appointed
Ratilal Gopaljibhai Patel was appointed as Director.
Appointed
Viralkumar Ratilal Patel was appointed as Director.
Ceased
Prince Saraf ceased to be Additional Director.
Ceased
Ritu Raj ceased to be Director.
Ceased
Amardeep Prasad ceased to be Director.
Appointed
Dhiraj Kankariya was appointed as Director.
Incorporation
07 Sep 2018
Madhiraj Homes Private Limited was registered on 07 Sep 2018 with Roc Ranchi & aged 8 years 2 months as per MCA records.
Frequently asked questions
Madhiraj Homes is an active private limited company based in Ranchi, Jharkhand, India. The company works in real estate financing, within the financial services industry. It was incorporated on 07 September 2018 (8+ years old) and is registered under CIN U45400JH2018PTC011815.
Madhiraj Homes has 3 current directors:
- Viralkumar Ratilal Patel - Director
- Ratilal Gopaljibhai Patel - Director
- Dhiraj Kankariya - Director
The latest financial statements of Madhiraj Homes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Madhiraj Homes is U45400JH2018PTC011815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhiraj Homes was incorporated on 07 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Madhiraj Homes by revenue are NP Projects Private Limited, Rightsize Facility and Management Private Limited, Masaaki Developers Private Limited, Magnepan Realty Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Anirudh Prasad ceased to be Director on 01 Aug 2021. Ratilal Gopaljibhai Patel was appointed as Director on 17 Mar 2020. Viralkumar Ratilal Patel was appointed as Director on 17 Mar 2020. Madhiraj Homes has 7 board changes on record in total.
Yes, Madhiraj Homes is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Madhiraj Homes can be reached through the website olestays.com. Its registered office is in Ranchi, Jharkhand, India.
The registered office of Madhiraj Homes is at 6th Floor Samudra Complex Near Hari Om Tower Circular Road Lalpur, Ranchi, Jharkhand, India – 834001.
Madhiraj Homes operates in the financial services industry, in the real estate financing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages