Racemose Builders and Developers Pvt Ltd
About Racemose Builders and Developers Pvt Ltd
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Racemose Builders and Developers Pvt Ltd is a private limited company based in Gwalior, Madhya Pradesh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 13 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U54201MP1992PTC007191. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Kanhaiya Pal and Abhishek Pal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Dh – 3 Pearl Residency Gandhi Road Behind Hotel Sita Manor, Gwalior, Madhya Pradesh, India – 474011.
As per the financials filed for FY 2020, the company reported a revenue of ₹59,085, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹29,892 (net margin -50.6%) and EBITDA of ₹49,085 (EBITDA margin 83.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 69% over five years.
As per MCA filings, the company has open charges of ₹1.32 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressDh – 3 Pearl Residency Gandhi Road Behind Hotel Sita Manor, Gwalior, Madhya Pradesh, India – 474011
- IndustryReal Estate, Real Estate Leasing
- 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
- One PDF report, delivered after checkout
Financials of Racemose Builders and Developers Pvt Ltd
FY 2020 filings availableRacemose Builders and Developers Pvt Ltd reported revenue of ₹59,085 (up 8% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 69%. EBITDA rose 10% 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 2019-20 | FY 2015-16 to FY 2018-19in the company report |
|---|---|---|
| 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 | ₹49,085 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹29,892 | |
| 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 2019-20 | FY 2015-16 to FY 2018-19in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 83.1% | |
| Net Profit Margin | -50.6% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2015-16 to FY 2018-19, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Racemose Builders and Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Racemose Builders and Developers Pvt Ltd
Racemose Builders and Developers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanhaiya Pal | Director | 12 Apr 2024 | 2 Years 6 Months | Current |
| Abhishek Pal | Director | 12 Apr 2024 | 2 Years 6 Months | Current |
Peer Comparison
Racemose Builders and Developers Pvt Ltd is compared with the 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). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ads Buildwell Private Limited | ₹59,155 (FY 2025) | •••• | •••• | 3483.0% | •••• | Ludhiana, Punjab, India |
| SSB Realestate Private Limited | ₹59,112 (FY 2020) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| RG City Developers Private Limited | ₹59,088 (FY 2024) | •••• | •••• | 39.0% | •••• | New Delhi, Delhi, India |
| Racemose Builders and Developers Pvt Ltd this company | ₹59,085 (FY 2020) | •••• | •••• | 8.0% | •••• | Gwalior, Madhya Pradesh, India |
| Dynamic Designers and Developers (India) Private Limited | ₹59,050 (FY 2025) | •••• | •••• | •••• | Aluva, Kerala, India |
Peers are the companies nearest to Racemose Builders and Developers by revenue, above and below it, 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. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Racemose Builders and Developers Pvt Ltd is audited by R. TRIPATHI & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. TRIPATHI & CO. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2004 | M. P. Financial Corporation Limited | ₹1.1 Cr | Open |
| 24 Jul 2002 | U.Co. Bank | ₹20 Lakh | Open |
| 07 Apr 1998 | State Bank of India | ₹1.8 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases
Racemose Builders and Developers Pvt Ltd has 9 court cases on record: 7 filed by Racemose Builders and Developers, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (4 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gwalior, Madhya Pradesh | Court case (RCA) | Filed against the company by an individual | Disposed |
| District court, Gwalior, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Disposed |
| High Court of Madhya Pradesh | Court case (MCRC) | Filed by the company against an individual | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against State of M.P. | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Racemose Builders and Developers.
: available in the company report
Recent Activity
Racemose Builders and Developers Pvt Ltd has 10 board changes on record since 2020: 3 appointments and 7 cessations. The latest: Anupama Shrivastava ceased to be Director on 08 May 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Racemose Builders and Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Racemose Builders and Developers is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 13 June 1992 (34+ years old) and is registered under CIN U54201MP1992PTC007191.
Racemose Builders and Developers has 2 current directors:
- Kanhaiya Pal - Director
- Abhishek Pal - Director
The latest financial statements of Racemose Builders and Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Racemose Builders and Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Racemose Builders and Developers is U54201MP1992PTC007191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Racemose Builders and Developers has 9 court cases on record: 7 filed by the company and 2 filed against it. Most are in the high courts.
Racemose Builders and Developers was incorporated on 13 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Racemose Builders and Developers by revenue are Ads Buildwell Private Limited, SSB Realestate Private Limited, RG City Developers Private Limited, Dynamic Designers and Developers (India) Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Anupama Shrivastava ceased to be Director on 08 May 2024. Abhishek Pal ceased to be Additional Director on 03 May 2024. Kanhaiya Pal ceased to be Additional Director on 03 May 2024. Racemose Builders and Developers has 10 board changes on record in total.
The registered office of Racemose Builders and Developers is at Dh – 3 Pearl Residency Gandhi Road Behind Hotel Sita Manor, Gwalior, Madhya Pradesh, India – 474011.
Racemose Builders and Developers operates in the real estate industry, in the real estate leasing segment.