About Radius Sumer Developers Private Limited
Data last updated:
Radius Sumer Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 November 2014.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2014PTC259274. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Vishwaroop Developers Private Limited. It is led by directors including Sanjay Rajkumar Chhabria (Managing Director) and Rahul Ramesh Shah (Managing Director).
Its last annual general meeting (AGM) was held on 15 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.89 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹7.73 Lakh (net margin -98%) and EBITDA of ₹42.68 Cr. Revenue has grown at a compounded annual rate (CAGR) of 676% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹987 Cr and satisfied charges of ₹450 Cr on record. Court records list 24 cases involving the company, including 2 filed by the company and 22 filed against it; 9 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.99 Cr; the latest was in July 2015. The company has 4 MSME Form 1 returns on record between 2018 and 2019, listing 18 overdue payments to 2 micro and small suppliers.
The last known website on record is radiusdevelopers.com.
Company details
Contact details
Radius Sumer Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is radiusdevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOne BKC A Wing 1401 Plot No. C – 66 G Block Bandra Kurla Complex Bandra (E, Ast), Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Radius Sumer 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
Financials of Radius Sumer Developers Private Limited
FY 2024 filings availableRadius Sumer Developers Private Limited reported revenue of ₹7.89 Lakh (down 33% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 676%. EBITDA fell 62% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.89 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹42.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.73 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | -98% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Radius Sumer Developers Private Limited, buy the company report.
Board of directors of Radius Sumer Developers Private Limited
Radius Sumer Developers has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Rajkumar Chhabria Also directs: Sumer Radius Realty Private Limited, Neuzen Realtors LLP, RSC Infrarealty LLP and 5 more | Managing Director | 13 Nov 2014 | 11 Years 11 Months | As last reported |
| Bharat Ramakant Upadhyay Also directs: My Own Eco-Energy Private Limited, Mumbai Mantra Media Limited | Irp/Rp/Liquidator | 19 May 2025 | 1 Years 5 Months | As last reported |
| Ritu Sanjay Chhabria Also directs: Sumer Radius Realty Private Limited, RSC Infrarealty LLP, Radius Project Developers LLP and 5 more | Director | 13 Nov 2014 | 11 Years 11 Months | As last reported |
| Rahul Ramesh Shah | Managing Director | 21 May 2015 | 11 Years 5 Months | As last reported |
| Vidhi Rahul Shah Also directs: Amarantos Trurealty LLP, L.M.B. Finance Private Limited | Director | 21 May 2015 | 11 Years 5 Months | As last reported |
Auditor
Radius Sumer Developers Private Limited is audited by K. Kankani & Co. for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. Kankani & Co. | FY 2020 | 139958W |
Shareholding
The shareholding of Radius Sumer Developers Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Radius Sumer Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2017 | 100102506 | Others | ₹237 Cr | Open | |
| 23 Sep 2016 | 100055482 | Idbi Trusteeship Services Limited | ₹600 Cr | Open | |
| 10 Jul 2015 | 10585696 | Others | ₹150 Cr | Open | |
| 13 Jul 2015 | 10582510 | Il & Fs Trust Company Limited | ₹450 Cr | Satisfied |
To see the full charge records of Radius Sumer Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Radius Sumer Developers Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.99 Cr; the latest was in July 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2015 | Funding round | ₹9.99 Cr | Investors: 4 individuals |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Radius Sumer Developers Private Limited has 24 court cases on record: 2 filed by Radius Sumer Developers, 22 filed against it. 9 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 9 | 5 |
| District courts | 8 | 8 | 4 |
| NCLT | 4 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Sumer Buildcorp Pvt. Ltd. and Anr and 1 other | Pending |
| Bombay High Court | Writ petition | Filed by the company against Sumer Buildcorp Pvt.Ltd and 1 other | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Catalyst Trusteeship Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Capacite Infraprojects Limited | Disposed |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by PNB Housing Finance Limited | Disposed |
To see the full case history of Radius Sumer 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.
Credit ratings & regulatory alerts
Radius Sumer Developers Private Limited was last rated by Brickwork on 12 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 12 Nov 2020 |
To see the full credit ratings and regulatory alerts of Radius Sumer Developers Private Limited, buy the company report.
MSME payment delays
Radius Sumer Developers Private Limited has 4 MSME Form 1 returns on record between 2018 and 2019, listing 18 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rohira Mehta & Associates | |||
| Drilltech Engineers Private Limited |
To see the full MSME payment records of Radius Sumer Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Radius Sumer Developers Private Limited has a workforce of 6 employees on its EPFO records as of Jan 11, 2025, across 1 active EPFO establishment.
GST
Radius Sumer Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Radius Sumer Developers Private Limited, buy the company report.
Recent activity
Radius Sumer Developers Private Limited has 11 board changes on record since 2014: 5 appointments and 6 cessations. The latest: Bharat Ramakant Upadhyay was appointed as Irp/Rp/Liquidator on 19 May 2025.
9 earlier events are in the company report.
News
Frequently asked questions
Radius Sumer Developers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Radius Sumer Developers is a company under insolvency, formerly operating as a 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 13 November 2014 and is registered under CIN U45400MH2014PTC259274. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Radius Sumer Developers has 5 current directors:
- Sanjay Rajkumar Chhabria - Managing Director
- Rahul Ramesh Shah - Managing Director
- Ritu Sanjay Chhabria - Director
- Vidhi Rahul Shah - Director
- Bharat Ramakant Upadhyay - Irp/Rp/Liquidator
The latest financial statements of Radius Sumer Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 May 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Radius Sumer Developers is U45400MH2014PTC259274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radius Sumer Developers has open charges of ₹987 Cr and satisfied charges of ₹450 Cr as per latest MCA filings.
Radius Sumer Developers has 24 court cases on record: 2 filed by the company and 22 filed against it. 9 are pending. Most are in the high courts.
Radius Sumer Developers was incorporated on 13 November 2014. It is registered with the Registrar of Companies, Mumbai.
Radius Sumer Developers has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.99 Cr; the latest was in July 2015.
Bharat Ramakant Upadhyay was appointed as Irp/Rp/Liquidator on 19 May 2025. Ujjval Akshaykumar Desai ceased to be Cfo(Kmp) on 10 Feb 2017. Shankar Ramachandran Bharadhwaj ceased to be Nominee Director on 01 Oct 2016. Radius Sumer Developers has 11 board changes on record in total.
Radius Sumer Developers has 4 MSME Form 1 returns on record between 2018 and 2019, listing 18 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
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