
About Ratnaakar
Ratnaakar is a Real Estate & Construction company based in Ahmedabad (India) founded in 1993. Real estate developer focusing on luxury apartments and plots in Ahmedabad. It operates on a B2C and D2C model. The company has 17 employees. Ratnaakar offers products and services including Ratnaakar Artesia, Eternity by Ratnaakar, and The Reserve by Ratnaakar. Its focus areas include Real Estate, Land Development, Residential Plots and Prime Urban Plots. Its legal entity is Ratnaakar Inc. Its competitors include Lodha Group and Godrej Properties.
Company details
Ratnaakar Group is a real estate developer based in Ahmedabad, India, specializing in high-quality residential and commercial projects since 1995. They design and build luxury apartments, plots, and community spaces with a focus on innovation, sustainability, and customer satisfaction. Their activities include constructing 4 BHK and 5 BHK flats, as well as offering residential plots in prime locations. Serving individual buyers and investors, they emphasize transparency and prime urban connectivity.
- Headquarters Ahmedabad, India
- Employees 17
- SectorsReal Estate & Construction
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website ratnaakar.com
- Social LinkedIn Facebook Instagram
- Legal Name Ratnaakar Inc.
- Annual Revenue$9.82 M (USD)as on Mar 31, 2022
- Employee Count17
Associated legal entities of Ratnaakar
Ratnaakar is associated with 6 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ncpl Procon Llp CIN ABC-2734 | Active | 29 Aug 2022 | Ahmedabad, Gujarat | 3 | View details | ||
| Ncpl Buildcon Llp CIN ABC-0002 | Active | 05 Aug 2022 | Ahmedabad, Gujarat | 3 | View details | ||
| Ncpl Buildspace Llp CIN ABB-9492 | Active | 02 Aug 2022 | Ahmedabad, Gujarat | 3 | View details | ||
| Redcliffe Infrastructure Llp CIN AAO-4785 | Active | 08 Mar 2019 | Ahmedabad, Gujarat | 2 | View details | ||
| Ratnaakar Infratech Private Limited CIN U45205GJ2016PTC086500 | Active | 17 Mar 2016 | Ahmedabad, Gujarat | ₹56.2 Cr | 2 | View details | |
| Nishant Construction Pvt Ltd CIN U45201GJ1995PTC024866 | Amalgamated | 06 Mar 1995 | Ahmedabad, Gujarat | ₹26.8 Cr | 3 | View details |
Products & Services of Ratnaakar
Ratnaakar offers a comprehensive portfolio of products and services, including Ratnaakar Artesia, Eternity by Ratnaakar, and The Reserve by Ratnaakar.
Luxury 4 and 5 BHK flats in Ahmedabad for urban living.
Premium 4 and 5 BHK apartments with modern amenities.
High-end plots for custom homes and investments.
Board of directors of Ratnaakar
The boards of the 6 registered companies of Ratnaakar currently have 4 directors; the longest-serving is Nishant Upendra Shah, appointed in 2019. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishant Upendra Shah DIN 01958335 | Designated Partner | 08 Mar 2019 | 7 yrs 7 mo | Redcliffe Infrastructure Llp, Ncpl Buildspace Llp, Ncpl Buildcon Llp, Ncpl Procon Llp, Ratnaakar Infratech Private Limited, Nishant Construction Pvt Ltd |
| Upendra Chinubhai Shah DIN 00103266 | Designated Partner | 08 Mar 2019 | 7 yrs 7 mo | Redcliffe Infrastructure Llp, Ncpl Buildspace Llp, Ncpl Buildcon Llp, Ncpl Procon Llp, Ratnaakar Infratech Private Limited, Nishant Construction Pvt Ltd |
| Kirti Kaushikbhai Patel DIN 06595268 | Partner | 20 Sep 2022 | 4 yrs 1 mo | Ncpl Buildcon Llp |
| Nilam Upendra Shah DIN 00103328 | Partner | 02 Apr 2024 | 2 yrs 6 mo | Ncpl Buildspace Llp, Ncpl Procon Llp, Nishant Construction Pvt Ltd |
Financials of Ratnaakar
Figures of Ratnaakar Infratech Private Limited, the primary company behind Ratnaakar, for FY 2025. Revenue was ₹56.20 Cr (+29% year on year). Net loss was -₹9.75 Cr (-17% margin). EBITDA was -₹9.28 Cr (-17% margin). Revenue has grown at a compounded annual rate of -10% over three years and +91% over five years.
- ₹56.20 CrRevenue · FY 2025 · +29% YoY
- -₹9.75 CrNet loss · -17% margin
- -₹9.28 CrEBITDA · -17% margin
- ₹1 LakhPaid-up capital
- -10%Revenue CAGR, 3 years
- +91%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ratnaakar Infratech Private Limited are on its company page.
Detailed financial statements for Ratnaakar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Financial ratios
- Five-year trends
- Downloads
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Competitors of Ratnaakar
Ratnaakar has 2 listed competitors in our database. They include Lodha Group and Godrej Properties.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lodhagroup.com | 1980 | Mumbai, India | 4,846 | Developer of residential and commercial real estate properties | ||
| godrejproperties.com | 1990 | Mumbai, India | 408 | Residential and commercial properties are developed by Godrej Properties. |
Detailed competitors of Ratnaakar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Ratnaakar
The website of Ratnaakar (ratnaakar.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 10.3% vs previous month
Websites whose visitors overlap most with Ratnaakar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kunvarjirealty.com | 99% | 11.5K | View details |
Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Ratnaakar (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,480 |
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Frequently Asked Questions about Ratnaakar
Ratnaakar was founded in 1993.
Ratnaakar is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Ratnaakar has 17 employees.
Annual revenue of Ratnaakar is $9.82M as on Mar 31, 2022.
Ratnaakar Group is a real estate developer based in Ahmedabad, India, specializing in high-quality residential and commercial projects since 1995. They design and build luxury apartments, plots, and community spaces with a focus on innovation, sustainability, and customer satisfaction. Their activities include constructing 4 BHK and 5 BHK flats, as well as offering residential plots in prime locations. Serving individual buyers and investors, they emphasize transparency and prime urban connectivity.
Ratnaakar's top competitors include Godrej Properties and Lodha Group.
Ratnaakar offers Ratnaakar Artesia, Eternity by Ratnaakar, and The Reserve by Ratnaakar.
Ratnaakar is associated with 6 legal entities: Redcliffe Infrastructure Llp, Ncpl Buildspace Llp, Ncpl Buildcon Llp and others.
The legal entities of Ratnaakar currently have 4 directors, including Nishant Upendra Shah, Upendra Chinubhai Shah, Nilam Upendra Shah and others.