Race Ahead Properties Private Limited
About Race Ahead Properties Private Limited
Data last updated:
Race Ahead Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2008PTC183684.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Amit Goela and Vinay Jagdishprasad Kanodia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11 Prem Kunj J. B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400059.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Race Ahead Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11 Prem Kunj J. B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Race Ahead Properties Private Limited, buy the company report.
- 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
Financials of Race Ahead Properties Private Limited
FY 2025 filings availableRace Ahead Properties Private Limited reported revenue of ₹5,900 (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Race Ahead Properties Private Limited, buy the company report.
Board of directors of Race Ahead Properties Private Limited
Race Ahead Properties has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Goela Also directs: Va Tech Wabag Limited, Inventurus Knowledge Solutions Limited, Aptech Limited and 4 more | Director | 20 Aug 2008 | 18 Years 2 Months | Current |
| Vinay Jagdishprasad Kanodia | Director | 30 Jun 2018 | 8 Years 3 Months | Current |
Peer comparison
Race Ahead Properties Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Race Ahead Properties Private Limitedthis company | ₹5,900 (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Hermes Builders and Developers Limited | ₹5,900 (FY 2023) | Mumbai, Maharashtra, India | ||||
| Haridham Colonizers Limited | ₹5,900 (FY 2024) | -27.0% | New Delhi, Delhi, India | |||
| MVR Super Meadows Private Limited | ₹5,900 (FY 2025) | 666.0% | Bangalore, Karnataka, India | |||
| Gundecha Estates Private Limited | ₹5,900 (FY 2025) | Mumbai, Maharashtra, India | ||||
| White Marlin Buildcon Limited | ₹5,900 (FY 2024) | -39.0% | New Delhi, Delhi, India | |||
| Travtech Labs Private Limited | ₹5,900 (FY 2023) | New Delhi, Delhi, India | ||||
| Swarn Bhumi Buildhome Private Limited | ₹5,900 (FY 2018) | -17.0% | Jaipur, Rajasthan, India | |||
| Catalina Developers LLP | ₹5,900 (FY 2022) | Mumbai, Maharashtra, India | ||||
| Wavelet Infratech Private Limited | ₹5,897 (FY 2025) | Kolkata, West Bengal, India | ||||
| Green Star Promotors Private Limited | ₹5,875 (FY 2025) | 26.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Race Ahead Properties Private Limited, buy the company report.
Auditor
Race Ahead Properties Private Limited is audited by SUNIL SINGH ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL SINGH ASSOCIATES | FY 2019 | 113406W |
Shareholding
The shareholding of Race Ahead Properties Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Race Ahead Properties Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Race Ahead Properties 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 Race Ahead Properties 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 Race Ahead Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Race Ahead Properties Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Utpal Hemendra Sheth ceased to be Director on 30 Jun 2018.
Frequently asked questions
Race Ahead Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 June 2008 (18+ years old) and is registered under CIN U70102MH2008PTC183684.
Race Ahead Properties has 2 current directors:
- Amit Goela - Director
- Vinay Jagdishprasad Kanodia - Director
The latest financial statements of Race Ahead Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Race Ahead Properties is U70102MH2008PTC183684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Race Ahead Properties was incorporated on 19 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Race Ahead Properties by revenue are Hermes Builders and Developers Limited, Haridham Colonizers Limited, MVR Super Meadows Private Limited, Gundecha Estates Private Limited, White Marlin Buildcon Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Utpal Hemendra Sheth ceased to be Director on 30 Jun 2018. Vinay Jagdishprasad Kanodia was appointed as Director on 30 Jun 2018. Ajaykumar Basantilal Malpani ceased to be Director on 21 Aug 2008. Race Ahead Properties has 5 board changes on record in total.
The registered office of Race Ahead Properties is at 11 Prem Kunj J. B. Nagar Andheri East, Mumbai, Maharashtra, India – 400059.
Race Ahead Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Race Ahead Properties is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.
Race Ahead Properties can be reached at its registered office: 11 Prem Kunj J. B. Nagar Andheri East, Mumbai, Maharashtra, India – 400059.