Rags Developers Private Limited
About Rags Developers Private Limited
Data last updated:
Rags Developers Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the developers segment of the construction sector. It was incorporated on 13 May 2013.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2013PTC193176. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Gopal Saha and Roshan Kumar Agrawal.
Its last annual general meeting (AGM) was held on 24 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 21 Hemant Basu Sarani 3rd Floor Room No.327, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2020, the company reported a revenue of ₹48.28 Lakh. For the same year it recorded a net loss of ₹5.38 Lakh (net margin -11.2%) and EBITDA of -₹4.16 Lakh (EBITDA margin -8.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 186% over five years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address21 Hemant Basu Sarani 3rd Floor Room No.327, Kolkata, West Bengal, India – 700001
- IndustryConstruction, Developers, Builders
- 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
Business Activity of Rags Developers Private Limited
The main business activity of Rags Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rags Developers Private Limited FY 2020 filings available
Rags Developers Private Limited reported revenue of ₹48.28 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR) of Rags Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 186% over five years. EBITDA fell 213% 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 of Rags Developers Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹48.28 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.38 Lakh | •••• | •••• | •••• | •••• |
| 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 of Rags Developers Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.2% | •••• | •••• | •••• | •••• |
| 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 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 Rags 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
Verified entity values are shown only after access is granted.
Peer Comparison of Rags Developers Private Limited
Rags Developers Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Buildings). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivaay Connecting India Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Marigold Projects Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Kriative Incorporation Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Vishnu Apartments Pvt. Ltd. (Part IX) | •••• | •••• | •••• | •••• | - | Bais Godam, Jaipur., Rajasthan, India |
| Onepoint Grand Hospitality Private Limited | •••• | •••• | •••• | •••• | - | Edappally Toll, Kerala, India |
| Rags Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sharkvision Infrabuild Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| SPL Palms Developers Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Shail B Ventures Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Spangle Infratech Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Devasthali Developers Private Limited | •••• | •••• | •••• | •••• | - | Kashipur, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Rags Developers by revenue in the same principal business activity (Buildings), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Rags Developers Private Limited
Rags Developers Private Limited is audited by A. PODDAR & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A. PODDAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rags Developers Private Limited
Rags Developers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Saha | Director | 13 May 2013 | 13 Years 4 Months | As last reported |
| Roshan Kumar Agrawal Also directs: Astbhuja Properties Private Limited, Kshetrum Infratech Private Limited, Snowblue Vincom Private Limited and 1 more | Director | 13 May 2013 | 13 Years 4 Months | As last reported |
| Sajjan Kumar Dokania Also directs: All India Coal Dealers & Consumers Association | Director | 13 May 2013 | 13 Years 4 Months | As last reported |
Ownership and Shareholding of Rags Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rags Developers Private Limited
Rags Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rags Developers Private Limited
Employment history and EPFO contributions of people linked to Rags Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rags Developers Private Limited
Rags Developers Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Gopal Saha was appointed as Director on 13 May 2013.
Credit Ratings, Litigation & Regulatory Alerts for Rags Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rags Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rags Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rags Developers Private Limited
Rags Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rags Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rags Developers Private Limited
Rags Developers has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Rags Developers was a private limited company based in Kolkata, West Bengal, India. The company worked in developers, within the construction industry. It was incorporated on 13 May 2013 and is registered under CIN U45400WB2013PTC193176. The company has been struck off by the Registrar of Companies and is no longer operational.
Rags Developers had 3 directors:
- Gopal Saha - Director
- Roshan Kumar Agrawal - Director
- Sajjan Kumar Dokania - Director
The CIN (Corporate Identification Number) of Rags Developers is U45400WB2013PTC193176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Rags Developers is at 21 Hemant Basu Sarani 3rd Floor Room No.327, Kolkata, West Bengal, India – 700001.
Rags Developers was incorporated on 13 May 2013. It is registered with the Registrar of Companies, Kolkata.
Rags Developers reported revenue of ₹48.28 Lakh for FY 2020.
Rags Developers has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Rags Developers reported a net loss of ₹5.38 Lakh (net margin -11.2%) and EBITDA of -₹4.16 Lakh (EBITDA margin -8.6%) for FY 2020, as per its filed financial statements.
No. Rags Developers has 1 GST registration on record and it is cancelled or inactive.
Rags Developers operated in the construction industry, in the developers segment. It worked in this industry before it was struck off.