MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0082476
R.J. Rishikaran Projects Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.45 Cr
▲ 392% YoY
Net profit · FY 2025
₹19.24 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹1.07 Cr
EBITDA margin 7.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹9 Cr
Satisfied ₹60 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
8
Provident fund records
About R.J. Rishikaran Projects Private Limited
Data last updated:
R.J. Rishikaran Projects Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2013PTC068127. Its GSTIN is 29AAGCR3306M1Z3 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30 Lakh. It is led by directors including Rathnakar Shetty (Managing Director) and Karan Rathnakar Shetty (Whole-Time Director).
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 Pent House R.J. Manor Apartments # 11/A 80 Feet Road 3rd Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.24 Lakh (net margin 1.3%) and EBITDA of ₹1.07 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 15% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rj Builders. As per MCA filings, the company has open charges of ₹9 Cr and satisfied charges of ₹60 Cr on record. Court records list 117 cases involving the company, including 43 filed by the company and 74 filed against it; 22 cases are pending.
R.J. Rishikaran Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0082476). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website rjbuilders.in.
Company details
CIN U45209KA2013PTC068127
Registration Number 068127
Incorporation Date 07 March 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0082476
Key People
Rathnakar Shetty Managing Director Karan Rathnakar Shetty Whole-Time Director Rishika Rathnakar Shetty Director Recognitions & Rankings of R.J. Rishikaran Projects
Contact details
R.J. Rishikaran Projects Private Limited's registered office is in Bangalore, Karnataka. Its website is rjbuilders.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPent House R.J. Manor Apartments # 11/A 80 Feet Road 3rd Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of R.J. Rishikaran Projects Private Limited, buy the company report.
Comprehensive company report
R.J. Rishikaran Projects 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
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Brands
R.J. Rishikaran Projects operates one associated brand: Rj Builders. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive services in residential and commercial real estate development. | rjbuilders.in |
Business activity
The main business activity of R.J. Rishikaran Projects is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of R.J. Rishikaran Projects Private Limited, buy the company report.
Financials of R.J. Rishikaran Projects Private Limited
FY 2024 filings availableR.J. Rishikaran Projects Private Limited reported revenue of ₹14.45 Cr (up 392% YoY) for FY 2025.
Revenue · FY 2025
₹14.45 Cr ▲ 392%
Net profit · FY 2025
₹19.24 Lakh margin 1.3%
EBITDA · FY 2025
₹1.07 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 392%
3 years · compounded
▼ 5%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 8%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 392% growth in the latest year. EBITDA fell 4% 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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| Total Expenses | |||||
| EBITDA | ₹1.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.24 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of R.J. Rishikaran Projects Private Limited, buy the company report.
Board of directors of R.J. Rishikaran Projects Private Limited
R.J. Rishikaran Projects has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishika Rathnakar Shetty | Director | 29 May 2014 | 12 Years 5 Months | Current |
| Rathnakar Shetty Also directs: Girija Tile Works Private Limited | Managing Director | 07 Mar 2013 | 13 Years 8 Months | Current |
| Kavitha Rathnakar Shetty Also directs: Girichandra Hospitality and Entertainment LLP | Director | 29 May 2014 | 12 Years 5 Months | Current |
| Karan Rathnakar Shetty Also directs: Girichandra Hospitality and Entertainment LLP | Whole-Time Director | 07 Mar 2013 | 13 Years 8 Months | Current |
Auditor
R.J. Rishikaran Projects Private Limited is audited by V. M. Shetty & Co for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. M. Shetty & Co | FY 2020 | 015662 |
Shareholding
The shareholding of R.J. Rishikaran Projects Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of R.J. Rishikaran Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9 Cr
Satisfied charges
₹60 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2018 | 100213070 | Others | ₹9 Cr | Open | |
| 01 Sep 2017 | 100153731 | Others | ₹13 Cr | Satisfied | |
| 05 Nov 2014 | 10550856 | Housing Development Finance Corporation Limited | ₹12 Cr | Satisfied | |
| 27 Jan 2014 | 10475861 | The Lakshmi Vilas Bank Limited | ₹15 Cr | Satisfied | |
| 15 Oct 2013 | 10595438 | Corporation Bank | ₹20 Cr | Satisfied |
To see the full charge records of R.J. Rishikaran Projects Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
R.J. Rishikaran Projects Private Limited has 117 court cases on record: 43 filed by R.J. Rishikaran Projects, 74 filed against it. 22 cases are pending and 95 are disposed.
Total cases
117
Filed by the company
43
Filed against the company
74
Pending
22
Disposed
95
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 95 | 61 | 17 |
| High courts | 19 | 10 | 3 |
| Supreme Court | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 117)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Tulsyan Smelters Pvt Ltd | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Axis Bank Limited, and 1 other | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by M/S. Shakti Developers Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Tulsyan Smelters Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Shakti Developers Pvt Ltd | Disposed |
To see the full case history of R.J. Rishikaran Projects Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
R.J. Rishikaran Projects Private Limited was last rated by Icra on 23 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 Sep 2021 |
To see the full credit ratings and regulatory alerts of R.J. Rishikaran Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for R.J. Rishikaran Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
R.J. Rishikaran Projects Private Limited has a workforce of 8 employees on its EPFO records as of Apr 2025, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 8 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of R.J. Rishikaran Projects Private Limited, buy the company report.
GST
R.J. Rishikaran Projects has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCR3306M1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of R.J. Rishikaran Projects Private Limited, buy the company report.
Recent activity
R.J. Rishikaran Projects Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Karan Rathnakar Shetty ceased to be Director on 15 Feb 2017.
AGM
R.J. Rishikaran Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
R.J. Rishikaran Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 01 Sep 2017 via Charge ID 100153731 with Others was fully satisfied on 23 Jan 2024.
Charges
A charge registered on 27 Jan 2014 via Charge ID 10475861 with The Lakshmi Vilas Bank Limited was fully satisfied on 11 Dec 2018.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100213070 was registered on 20 Aug 2018.
Charges
A charge registered on 15 Oct 2013 via Charge ID 10595438 with Corporation Bank was fully satisfied on 02 Aug 2018.
Charges
A charge registered on 05 Nov 2014 via Charge ID 10550856 with Housing Development Finance Corporation Limited was fully satisfied on 11 Oct 2017.
Charges
A charge with Others amounted to Rs. 13.00 Cr with Charge ID 100153731 was registered on 01 Sep 2017.
Ceased
Karan Rathnakar Shetty ceased to be Director.
Charges
A charge with Housing Development Finance Corporation Limited amounted to Rs. 12.00 Cr with Charge ID 10550856 was registered on 05 Nov 2014.
Appointed
Kavitha Rathnakar Shetty was appointed as Director.
Appointed
Rishika Rathnakar Shetty was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
R.J. Rishikaran Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 March 2013 (13+ years old) and is registered under CIN U45209KA2013PTC068127.
R.J. Rishikaran Projects has 4 current directors:
- Rathnakar Shetty - Managing Director
- Karan Rathnakar Shetty - Whole-Time Director
- Rishika Rathnakar Shetty - Director
- Kavitha Rathnakar Shetty - Director
The latest financial statements of R.J. Rishikaran Projects 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 2015 are in the company report.
The GSTIN of R.J. Rishikaran Projects is 29AAGCR3306M1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of R.J. Rishikaran Projects is U45209KA2013PTC068127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R.J. Rishikaran Projects has 117 court cases on record: 43 filed by the company and 74 filed against it. 22 are pending. Most are in the district courts.
R.J. Rishikaran Projects was incorporated on 07 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Karan Rathnakar Shetty ceased to be Director on 15 Feb 2017. Kavitha Rathnakar Shetty was appointed as Director on 29 May 2014. Rishika Rathnakar Shetty was appointed as Director on 29 May 2014. R.J. Rishikaran Projects has 6 board changes on record in total.
Yes, R.J. Rishikaran Projects is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0082476).
R.J. Rishikaran Projects can be reached through the website rjbuilders.in. Its registered office is in Bangalore, Karnataka, India.
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