
About Ramaranjan Developers Private Limited
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Ramaranjan Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shree Ram Vessel Scrap Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U68100MH2006PTC159393. Its GSTIN is 27AADCP8343H1Z8 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.5 Cr. It was formerly known as Parinee Developers Private Limited. It is led by directors including Mukeshbhai Balabhai Patel (Managing Director) and Bhavya Mukeshkumar Patel.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.49 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹4.47 Cr (net margin -15.7%) and EBITDA of ₹14.56 Cr (EBITDA margin 51.1%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹187 Cr and satisfied charges of ₹3,328.81 Cr on record. Court records list 88 cases involving the company, including 12 filed by the company and 76 filed against it; 26 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹19.99 Cr; the latest was in February 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parinee.com.
Company details
CIN history
Ramaranjan Developers has one previous CIN (Corporate Identification Number): U45200MH2006PTC159393. The current CIN is U68100MH2006PTC159393, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100MH2006PTC159393 | Current |
| U45200MH2006PTC159393 | Previous |
Contact details
Ramaranjan Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is parinee.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address201 2nd Floor Parinee Crescenzo Plot No. C 38 & 39 G Block BKC Bandra, (East), Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ramaranjan 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 Ramaranjan 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 Ramaranjan Developers Private Limited, buy the company report.
Financials of Ramaranjan Developers Private Limited
FY 2025 filings availableRamaranjan Developers Private Limited reported revenue of ₹28.49 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. EBITDA rose 13% 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 Revenue | ₹28.49 Cr | ||||
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| EBITDA | ₹14.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.47 Cr | ||||
| 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 | 51.1% | ||||
| Net Profit Margin | -15.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ramaranjan Developers Private Limited, buy the company report.
Board of directors of Ramaranjan Developers Private Limited
Ramaranjan Developers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukeshbhai Balabhai Patel Also directs: R.K. Industries (Unit - II) LLP, Shree Ram Green Hydrogen LLP, Shree Ram Oxy-Gas Private Limited and 5 more | Managing Director | 20 Feb 2006 | 20 Years 8 Months | Current |
| Bhavya Mukeshkumar Patel Also directs: R.K. Industries (Unit - II) LLP, Stern Ridge Developers LLP, Shree Ram Oxair LLP and 2 more | Director | 17 Mar 2023 | 3 Years 7 Months | Current |
| Pankaj Bachubhai Bharodia | Director | 19 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Ramaranjan Developers Private Limited is audited by CHOUDHARY CHOUDHARY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOUDHARY CHOUDHARY & CO | FY 2023 | 002910C |
Shareholding
The shareholding of Ramaranjan Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ramaranjan Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2025 | 101062400 | State Bank of India | ₹25 Cr | Open | |
| 24 Feb 2025 | 101062401 | State Bank of India | ₹32 Cr | Open | |
| 06 Sep 2017 | 100124977 | Others | ₹80 Cr | Open | |
| 29 Aug 2016 | 100048914 | Others | ₹50 Cr | Open | |
| 24 Feb 2025 | 101062395 | State Bank of India | ₹25.3 Cr | Satisfied |
To see the full charge records of Ramaranjan Developers Private Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
Ramaranjan Developers Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹19.99 Cr; the latest was in February 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: Shreeram Vessels Scrap Private Limited & Chetanbhai Muljibhai Patel, Shreeram Vessels Scrap Private Limited & Jinay Batukbhai Patel, Shreeram Vessels Scrap Private Limited Seller: Parinee Realty Private Limited |
| Nov 2011 | Secondary share transfer | Undisclosed | Buyer: Parinee Realty Private Limited , Shreeram Vessels Scrap Private Limited Seller: Shree Naman Development Private Limited |
| Nov 2007 | Funding round | ₹10 Cr | Investors: Parinee Realty Private Limited , Shreeram Vessels Scrap Private Limited |
| Mar 2006 | Funding round | ₹9.99 Cr | Investors: Shreeram Vessels Scrap Private Limited, Parinee Realty Private Limited , Shree Naman Development Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ramaranjan Developers Private Limited has 88 court cases on record: 12 filed by Ramaranjan Developers, 76 filed against it. 26 cases are pending and 62 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 31 | 17 |
| District courts | 32 | 32 | 1 |
| NCLAT | 9 | 9 | 7 |
| NCLT | 3 | 2 | 0 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 88)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMEX) | Filed against the company by Shree Ram Vessel Scrap Pvt Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Parinee Realty Pvt Ltd and 4 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Stci Finance Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Parinee Realty Pvt. Ltd. and 5 others | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by Stci Finance Limited | Pending |
To see the full case history of Ramaranjan Developers 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ramaranjan Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ramaranjan Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP8343H1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ramaranjan Developers Private Limited, buy the company report.
Recent activity
Ramaranjan Developers Private Limited has 10 board changes on record since 2006: 3 appointments and 7 cessations. The latest: Pankaj Bachubhai Bharodia ceased to be Additional Director on 29 Sep 2025.
75 earlier events are in the company report.
Frequently asked questions
Ramaranjan Developers 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 01 February 2006 (20+ years old) and is registered under CIN U68100MH2006PTC159393.
Ramaranjan Developers has 3 current directors:
- Mukeshbhai Balabhai Patel - Managing Director
- Bhavya Mukeshkumar Patel - Director
- Pankaj Bachubhai Bharodia - Director
The latest financial statements of Ramaranjan 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 Ramaranjan Developers is 27AADCP8343H1Z8, registered in Maharashtra. 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 Ramaranjan Developers is U68100MH2006PTC159393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ramaranjan Developers has 88 court cases on record: 12 filed by the company and 76 filed against it. 26 are pending. Most are in the high courts.
Ramaranjan Developers was incorporated on 01 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramaranjan Developers has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹19.99 Cr; the latest was in February 2023.
Pankaj Bachubhai Bharodia ceased to be Additional Director on 29 Sep 2025. Pankaj Bachubhai Bharodia was appointed as Director on 19 Feb 2025. Bhavya Mukeshkumar Patel ceased to be Additional Director on 28 Sep 2023. Ramaranjan Developers has 10 board changes on record in total.
Ramaranjan Developers can be reached through the website parinee.com. Its registered office is in Mumbai, Maharashtra, India.

