
About Radiance Realty Developers India Limited
Data last updated:
Radiance Realty Developers India Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45201TN2007PLC062662. Its GSTIN is 33AACCN5152H1ZP (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹96.5 Cr and a paid-up capital of ₹36 Cr. It was formerly known as Napc Properties Private Limited and Napc Properties Limited. It is led by directors including Varun Manian (Managing Director) and Tenvi Anand.
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 1st Floor Old Door No.110 New Door No. 111 33 Feet Road Anna Salai Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2024, the company reported a revenue of ₹596.03 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹26.38 Cr (net margin 4.4%) and EBITDA of ₹62.02 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company has about 666 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Radiance Realty. As per MCA filings, the company has open charges of ₹816.9 Cr and satisfied charges of ₹2,449.43 Cr on record. Court records list 44 cases involving the company, including 28 filed by the company and 16 filed against it; 9 cases are pending. The company has 13 deals on record (4 funding rounds, 2 rights issues, 2 debt financings), with disclosed funding of ₹178.32 Cr; the latest was in April 2019. Its 6 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 3 smaller; the largest is Signatureglobal Homes Limited with revenue of ₹613.88 Cr. The company has 75 MSME Form 1 returns on record between 2013 and 2024, listing 4,985 overdue payments to 97 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website radiancerealty.in.
Company details
Name history
Radiance Realty Developers India has undergone 2 name changes throughout its history. The company was previously known as Napc Properties Private Limited, and Napc Properties Limited. The current legal name is Radiance Realty Developers India Limited.
| Company Name | Status |
|---|---|
| Radiance Realty Developers India Limited | Current |
| Napc Properties Private Limited | Previous |
| Napc Properties Limited | Previous |
CIN history
Radiance Realty Developers India has one previous CIN (Corporate Identification Number): U45201TN2007PTC062662. The current CIN is U45201TN2007PLC062662, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201TN2007PLC062662 | Current |
| U45201TN2007PTC062662 | Previous |
Contact details
Radiance Realty Developers India Limited's registered office is in Chennai, Tamil Nadu. Its website is radiancerealty.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Old Door No.110 New Door No. 111 33 Feet Road Anna Salai Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Radiance Realty Developers India 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
Brands
Radiance Realty Developers India operates one associated brand: Radiance Realty. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive real estate development services for residential properties. | radiancerealty.in |
Business activity
The main business activities of Radiance Realty Developers India are real estate and support service to organizations. In detail, this covers real estate activities with own or leased property, real estate activities on fee or contract basis and housekeeping & maintenance service. 3 activity segments are registered with the MCA.
| 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 | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis | |
| N | Support service to Organizations | N5 | Housekeeping & maintenance service |
To see the full business activity and turnover split of Radiance Realty Developers India Limited, buy the company report.
Financials of Radiance Realty Developers India Limited
FY 2024 filings availableRadiance Realty Developers India Limited reported revenue of ₹596.03 Cr (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 40% growth in the latest year. EBITDA rose 85% 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 | ₹62.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.38 Cr | ||||
| 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 | 10.4% | ||||
| Net Profit Margin | 4.4% | ||||
| 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 Radiance Realty Developers India Limited, buy the company report.
Board of directors of Radiance Realty Developers India Limited
Radiance Realty Developers India has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Manian Also directs: Chetana Metals Private Limited, Manian Power Private Limited, Nkars Mobility Solutions Private Limited and 3 more | Managing Director | 08 Mar 2007 | 19 Years 7 Months | Current |
| Tenvi Anand | Director | 20 Apr 2023 | 3 Years 6 Months | Current |
| Sneha G Bhat | Director | 20 Apr 2023 | 3 Years 6 Months | Current |
| Iyyappan | Director | 12 May 2025 | 1 Years 5 Months | Current |
| Raghuraman Archana Janaki Also directs: Manian Power Private Limited, Radiance Developments Limited | Director | 20 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Radiance Realty Developers India Limited is compared with the 6 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Signatureglobal Homes Limited | ₹613.88 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Ansal Properties and Infrastructure Limited | ₹612.13 Cr (FY 2024) | -29.0% | New Delhi, Delhi, India | |||
| Purvanchal Projects Private Limited | ₹606.26 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Radiance Realty Developers India Limitedthis company | ₹596.03 Cr (FY 2024) | ₹26.38 Cr | 4.4% | 40.0% | 666 | Chennai, Tamil Nadu, India |
| Kairos Properties Private Limited | ₹591.77 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Gulshan Homz Private Limited | ₹586.66 Cr (FY 2025) | 444.0% | Delhi, India | |||
| Sycamore Real Estate Private Limited | ₹581.63 Cr (FY 2025) | 68327.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Radiance Realty Developers India Limited, buy the company report.
Auditor
Radiance Realty Developers India Limited is audited by PKF Sridhar & Santhanam LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKF Sridhar & Santhanam LLP | FY 2023 | 003990S/S200018 |
Shareholding
The shareholding of Radiance Realty Developers India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Radiance Realty Developers India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Sep 2025 | 101154556 | Others | ₹15 Cr | Open | |
| 01 Aug 2025 | 101143799 | Others | ₹100 Cr | Open | |
| 28 Mar 2025 | 101075289 | Others | ₹14 Cr | Open | |
| 20 Mar 2025 | 101067648 | Others | ₹190 Cr | Open | |
| 26 Feb 2025 | 101064933 | Others | ₹8.56 Lakh | Open |
To see the full charge records of Radiance Realty Developers India Limited, buy the company report.
Total charge records: 136 View all charges
Deals & funding
Radiance Realty Developers India Limited has 13 deals on record (4 funding rounds, 2 rights issues, 2 debt financings), with disclosed funding of ₹178.32 Cr; the latest was in April 2019.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Debt financing | ₹9.09 Cr | Investors: Motilal Oswal Real Estate |
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: an individual |
| Dec 2018 | Debt financing | ₹72.75 Cr | Investors: Motilal Oswal Real Estate |
| Mar 2015 | Rights issue | ₹17 Lakh | Investors: an individual |
| Mar 2015 | Rights issue | ₹11.5 Cr | Investors: an individual |
To see the full deal history of Radiance Realty Developers India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Radiance Realty Developers India Limited has 44 court cases on record: 28 filed by Radiance Realty Developers India, 16 filed against it. 9 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 35 | 10 | 5 |
| District courts | 7 | 5 | 4 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Original application | Filed by the company against M/S.Ocher Studios Pvt. Ltd | Pending |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S.Ocher Studios Pvt. Ltd | Pending |
| High Court, TAMIL NADU | Civil suit | Filed by the company against M/S.Ocher Studios Pvt Ltd., and 1 other | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| High Court | Arbitration matter | Filed by the company against individuals | Pending |
To see the full case history of Radiance Realty Developers India 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
Radiance Realty Developers India Limited was last rated by Care on 05 May 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 May 2026 |
To see the full credit ratings and regulatory alerts of Radiance Realty Developers India Limited, buy the company report.
MSME payment delays
Radiance Realty Developers India Limited has 75 MSME Form 1 returns on record between 2013 and 2024, listing 4,985 overdue payments to 97 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 97)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Maxcrete Solutions | |||
| an individual supplier | |||
| Concrete Oem Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Radiance Realty Developers India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Radiance Realty Developers India has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Manian Power Private Limited | U40105TN2010PTC077032 | |
| VM Aviation & Realty Private Limited | U68200TN2010PTC077031 | |
| Radiance Developments Limited | U70109TN2021PLC148015 | |
| Radiance Epc Private Limited | U74110TN2016PTC104899 |
To see the full group structure of Radiance Realty Developers India Limited, buy the company report.
Employees & EPFO
Radiance Realty Developers India Limited has a workforce of 666 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Radiance Realty Developers India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCN5152H1ZP | Tamil Nadu | Active | 01 Jul 2017 |
| 29AACCN5152H1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Radiance Realty Developers India Limited, buy the company report.
Recent activity
Radiance Realty Developers India Limited has 22 board changes on record since 2007: 5 appointments and 17 cessations. The latest: Iyyappan ceased to be Additional Director on 30 Oct 2025.
300 earlier events are in the company report.
Frequently asked questions
Radiance Realty Developers India is an active public limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 March 2007 (19+ years old) and is registered under CIN U45201TN2007PLC062662.
Radiance Realty Developers India has 5 current directors:
- Varun Manian - Managing Director
- Tenvi Anand - Director
- Sneha G Bhat - Director
- Iyyappan - Director
- Raghuraman Archana Janaki - Director
The latest financial statements of Radiance Realty Developers India 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 Radiance Realty Developers India is 33AACCN5152H1ZP, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCN5152H1ZE (Karnataka).
The CIN (Corporate Identification Number) of Radiance Realty Developers India is U45201TN2007PLC062662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radiance Realty Developers India has 44 court cases on record: 28 filed by the company and 16 filed against it. 9 are pending. Most are in the high courts.
Radiance Realty Developers India was incorporated on 08 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
Radiance Realty Developers India has 13 deals on record (4 funding rounds, 2 rights issues, 2 debt financings), with disclosed funding of ₹178.32 Cr; the latest was in April 2019.
The peers of Radiance Realty Developers India by revenue are Signatureglobal Homes Limited, Ansal Properties and Infrastructure Limited, Purvanchal Projects Private Limited, Kairos Properties Private Limited, Gulshan Homz Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Iyyappan ceased to be Additional Director on 30 Oct 2025. Raghuraman Archana Janaki ceased to be Additional Director on 30 Oct 2025. Iyyappan was appointed as Director on 12 May 2025. Radiance Realty Developers India has 22 board changes on record in total.
Radiance Realty Developers India has 75 MSME Form 1 returns on record between 2013 and 2024, listing 4,985 overdue payments to 97 micro and small suppliers. The latest return was filed on 20 Jun 2024.
Radiance Realty Developers India can be reached through the website radiancerealty.in. Its registered office is in Chennai, Tamil Nadu, India.