Racemose Developers Private Limited
About Racemose Developers Private Limited
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Racemose Developers Private Limited is a private limited company based in Gwalior, Madhya Pradesh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 18 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70101MP2011PTC026975. Its GSTIN is 23AAFCR5903D2ZR (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramesh Shrivastav and Anupama Shrivastava.
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 Dh – 3 Pearl Residency Gandhi Road, Gwalior, Madhya Pradesh, India – 474001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.8 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹8.01 Lakh (net margin 2.9%) and EBITDA of ₹8.1 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 136% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Racemose Developers Private Limited's registered office is in Gwalior, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDh – 3 Pearl Residency Gandhi Road, Gwalior, Madhya Pradesh, India – 474001
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Racemose Developers 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
Business activity
The main business activity of Racemose Developers 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 Racemose Developers Private Limited, buy the company report.
Financials of Racemose Developers Private Limited
FY 2025 filings availableRacemose Developers Private Limited reported revenue of ₹2.8 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 12% growth in the latest year. EBITDA rose 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.1 Lakh | ||||
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| Net Profit (PAT) | ₹8.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 2.9% | ||||
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To see the full financial statements and ratios of Racemose Developers Private Limited, buy the company report.
Board of directors of Racemose Developers Private Limited
Racemose Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Shrivastav | Director | 15 May 2023 | 3 Years 5 Months | Current |
| Anupama Shrivastava | Director | 18 Oct 2011 | 15 Years 0 Months | Current |
Peer comparison
Racemose Developers 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 |
|---|---|---|---|---|---|---|
| Vaishnavi Property Developers (Bangalore) Private Limited | ₹2.81 Cr (FY 2018) | 1.0% | Bangalore, Karnataka, India | |||
| A R A Enterprises Private Limited. | ₹2.81 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Racemose Developers Private Limitedthis company | ₹2.8 Cr (FY 2025) | ₹8.01 Lakh | 2.9% | 12.0% | Gwalior, Madhya Pradesh, India | |
| Mehta Sayani Finance & Estates Private Limited | ₹2.8 Cr (FY 2024) | 15.0% | Chennai, Tamil Nadu, India | |||
| Serene Finmart Private Limited | ₹2.79 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India |
To see the full peer comparison of Racemose Developers Private Limited, buy the company report.
Auditor
Racemose Developers Private Limited is audited by S.K.LULLA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K.LULLA & CO. | FY 2017 | 002336C |
Shareholding
The shareholding of Racemose Developers Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
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| Public | |||
| Others |
To see the full shareholding pattern of Racemose Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Racemose Developers 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 Racemose Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Racemose Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCR5903D2ZR | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Racemose Developers Private Limited, buy the company report.
Recent activity
Racemose Developers Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Jagrat Shrivastav ceased to be Additional Director on 15 May 2023.
Frequently asked questions
Racemose Developers is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 18 October 2011 (15+ years old) and is registered under CIN U70101MP2011PTC026975.
Racemose Developers has 2 current directors:
- Ramesh Shrivastav - Director
- Anupama Shrivastava - Director
The latest financial statements of Racemose Developers 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 GSTIN of Racemose Developers is 23AAFCR5903D2ZR, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Racemose Developers is U70101MP2011PTC026975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Racemose Developers was incorporated on 18 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Racemose Developers by revenue are Vaishnavi Property Developers (Bangalore) Private Limited, A R A Enterprises Private Limited, Mehta Sayani Finance & Estates Private Limited, Serene Finmart Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Jagrat Shrivastav ceased to be Additional Director on 15 May 2023. Ramesh Shrivastav was appointed as Director on 15 May 2023. Jagrat Shrivastav was appointed as Additional Director on 10 Aug 2020. Racemose Developers has 6 board changes on record in total.
The registered office of Racemose Developers is at Dh – 3 Pearl Residency Gandhi Road, Gwalior, Madhya Pradesh, India – 474001.
Racemose Developers operates in the real estate industry, in the real estate leasing segment.
The compliance status of Racemose Developers is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.