About R Retail Ventures Private Limited
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R Retail Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2018PTC313615. Its GSTIN is 27AARCA2688J1Z0 (Maharashtra).
The company has an authorised share capital of ₹1,000.01 Cr and a paid-up capital of ₹406.22 Cr. It was formerly known as Virgo Retail Ventures Private Limited and Alexara Retail Private Limited. It is led by directors including Sujata Satish Rao and Yogesh Genmal Bafna.
Its last annual general meeting (AGM) was held on 27 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 ₹1.93 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹1.96 Cr (net margin -101.9%) and EBITDA of -₹6.68 Cr (EBITDA margin -346.7%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 44% over five years.
Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹150 Cr and satisfied charges of ₹300 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 8 cases are pending. The company has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹466.11 Cr; the latest was in November 2023. The company has 10 MSME Form 1 returns on record between 2020 and 2024, listing 196 overdue payments to 29 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 runwal.com.
Company details
Name history
R Retail Ventures has undergone 2 name changes throughout its history. The company was previously known as Virgo Retail Ventures Private Limited, and Alexara Retail Private Limited. The current legal name is R Retail Ventures Private Limited.
| Company Name | Status |
|---|---|
| R Retail Ventures Private Limited | Current |
| Virgo Retail Ventures Private Limited | Previous |
| Alexara Retail Private Limited | Previous |
Contact details
R Retail Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is runwal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 2 Runwal & Omkar Esquare 6th Flr Off.Eastern Express Highway Opp. Sion C, Hunabhatti, Mumbai, Maharashtra, India – 400022
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of R Retail Ventures 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 R Retail Ventures is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of R Retail Ventures Private Limited, buy the company report.
Financials of R Retail Ventures Private Limited
FY 2025 filings availableR Retail Ventures Private Limited reported revenue of ₹1.93 Cr (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA fell 24% 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 | -₹6.68 Cr | ||||
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| Net Profit (PAT) | -₹1.96 Cr | ||||
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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 | -346.7% | ||||
| Net Profit Margin | -101.9% | ||||
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To see the full financial statements and ratios of R Retail Ventures Private Limited, buy the company report.
Board of directors of R Retail Ventures Private Limited
R Retail Ventures has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujata Satish Rao Also directs: R Siddhatva Developers Private Limited, Runwal Construction Private Limited, Runwal Hotels Private Limited and 5 more | Additional Director | 08 Nov 2024 | 1 Years 11 Months | Current |
| Yogesh Genmal Bafna | Additional Director | 29 Jul 2025 | 1 Years 2 Months | Current |
| Sanjay Sharma Also directs: Runwal Holding Estates Private Limited, Ashraya Highrise Private Limited, Aethon Developers Private Limited and 1 more | Additional Director | 21 Apr 2025 | 1 Years 6 Months | Current |
Auditor
R Retail Ventures Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2023 | 304026E/E-300009 |
Shareholding
The shareholding of R Retail Ventures Private 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 R Retail Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2023 | 100826041 | Others | ₹150 Cr | Open | |
| 20 Apr 2021 | 100444033 | Others | ₹300 Cr | Satisfied |
To see the full charge records of R Retail Ventures Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
R Retail Ventures Private Limited has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹466.11 Cr; the latest was in November 2023.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Acquisition | ₹600 Cr | Buyer: Runwal Developers Limited Seller: Warburg Pincus |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Runwal Developers Limited Seller: 2 individuals |
| Jun 2019 | Funding round · Series I | ₹418.74 Cr | Investors: Warburg Pincus, Runwal Developers Limited |
To see the full deal history of R Retail Ventures Private 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
R Retail Ventures Private Limited has 9 court cases on record: 7 filed by R Retail Ventures, 2 filed against it. 8 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 5 |
| High courts | 3 | 2 | 3 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Premier Limited and 8 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra and Ors and 6 others | Pending |
To see the full case history of R Retail Ventures 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
R Retail Ventures Private Limited has 10 MSME Form 1 returns on record between 2020 and 2024, listing 196 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| WSR White Stone Realty LLP | |||
| Propertypistol Realty Private Limited | |||
| Ascon Engineers | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of R Retail Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
R Retail Ventures has 3 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 |
|---|---|---|
| Histyle Retail Private Limited | U70109MH2019PTC319330 | |
| Aethon Developers Private Limited | U70109MH2021PTC364477 | |
| Galleria Retail Private Limited | U70200MH2019PTC319329 |
To see the full group structure of R Retail Ventures Private Limited, buy the company report.
GST
R Retail Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA2688J1Z0 | Maharashtra | Active | 24 Oct 2018 |
To see the full GST registrations and return filing status of R Retail Ventures Private Limited, buy the company report.
Recent activity
R Retail Ventures Private Limited has 15 board changes on record since 2019: 3 appointments and 12 cessations. The latest: Yogesh Genmal Bafna was appointed as Additional Director on 29 Jul 2025.
10 earlier events are in the company report.
News
Frequently asked questions
R Retail Ventures 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 06 September 2018 (8+ years old) and is registered under CIN U70200MH2018PTC313615.
R Retail Ventures has 3 current directors:
- Sujata Satish Rao - Additional Director
- Yogesh Genmal Bafna - Additional Director
- Sanjay Sharma - Additional Director
The latest financial statements of R Retail Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of R Retail Ventures is 27AARCA2688J1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of R Retail Ventures is U70200MH2018PTC313615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R Retail Ventures has 9 court cases on record: 7 filed by the company and 2 filed against it. 8 are pending. Most are in the district courts.
R Retail Ventures was incorporated on 06 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
R Retail Ventures has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹466.11 Cr; the latest was in November 2023.
Yogesh Genmal Bafna was appointed as Additional Director on 29 Jul 2025. Sanjay Sharma was appointed as Additional Director on 21 Apr 2025. Sujata Satish Rao was appointed as Additional Director on 08 Nov 2024. R Retail Ventures has 15 board changes on record in total.
R Retail Ventures has 10 MSME Form 1 returns on record between 2020 and 2024, listing 196 overdue payments to 29 micro and small suppliers. The latest return was filed on 30 Apr 2024.
R Retail Ventures can be reached through the website runwal.com. Its registered office is in Mumbai, Maharashtra, India.