Rajsanket Realty Limited
About Rajsanket Realty Limited
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Rajsanket Realty Limited is a public 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 18 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L70101MH1985PLC036272. Its GSTIN is 27AABCS4655B1ZK (Maharashtra). It is recorded as listed by MCA, but its shares were delisted from BSE on 12 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.4 Cr. It was formerly known as Forject Trading & Finance Limited and Sanket International Limited. It is led by directors including Hareshkumar Vallabhdas Sutaria (Whole-Time Director) and Anuj Mulchand Patel.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 139 Seksaria Chambers 2nd Flrnagindas Master Road Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2018, the company reported a revenue of ₹116.94 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.85 Cr (net margin -4.1%) and EBITDA of ₹26.9 Cr (EBITDA margin 23%). Revenue has grown at a compounded annual rate (CAGR) of 138% over three years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹385.06 Cr and satisfied charges of ₹410 Cr on record. Court records list 35 cases involving the company, including 2 filed by the company and 33 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Rajsanket Realty has undergone 2 name changes throughout its history. The company was previously known as Forject Trading & Finance Limited, and Sanket International Limited. The current legal name is Rajsanket Realty Limited.
| Company Name | Status |
|---|---|
| Rajsanket Realty Limited | Current |
| Forject Trading & Finance Limited | Previous |
| Sanket International Limited | Previous |
CIN history
Rajsanket Realty has one previous CIN (Corporate Identification Number): L51900MH1985PLC036272. The current CIN is L70101MH1985PLC036272, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70101MH1985PLC036272 | Current |
| L51900MH1985PLC036272 | Previous |
Contact details
Rajsanket Realty Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address139 Seksaria Chambers 2nd Flrnagindas Master Road Fort, Mumbai, Maharashtra, India – 400023
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rajsanket Realty 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 Rajsanket Realty is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Rajsanket Realty Limited, buy the company report.
Financials of Rajsanket Realty Limited
FY 2018 filings availableRajsanket Realty Limited reported revenue of ₹116.94 Cr (up 801% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 138% over three years, including 801% growth 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹116.94 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹26.9 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.85 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 23% | |||
| Net Profit Margin | -4.1% | |||
| 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 | ||||
To see the full financial statements and ratios of Rajsanket Realty Limited, buy the company report.
Board of directors of Rajsanket Realty Limited
Rajsanket Realty 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 |
|---|---|---|---|---|
| Hareshkumar Vallabhdas Sutaria | Whole-Time Director | 01 Apr 1993 | 33 Years 7 Months | Current |
| Anuj Mulchand Patel | Director | 17 Sep 2010 | 16 Years 1 Months | Current |
| Nayna Shailesh Desai Also directs: Sunmarkex LLP, Roman Agro Farms Private Limited, Waterwise Systems Private Limited and 2 more | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Rajsanket Realty Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajsanket Realty Limitedthis company | ₹116.94 Cr (FY 2018) | -₹4.85 Cr | -4.1% | 801.0% | 28 | Mumbai, Maharashtra, India |
| Pdi Infra India Private Limited | ₹10.04 Cr (FY 2025) | 24.0% | Agra, Uttar Pradesh, India | |||
| Skyscrappers Township Private Limited | ₹10.04 Cr (FY 2024) | 28.0% | Bhubaneswar, Odisha, India | |||
| JMG Lifestyle Private Limited | ₹10.04 Cr (FY 2024) | Cuttack, Odisha, India | ||||
| Shriaan Business Solution Private Limited | ₹10.02 Cr (FY 2021) | -60.0% | Thane, Maharashtra, India |
To see the full peer comparison of Rajsanket Realty Limited, buy the company report.
Auditor
Rajsanket Realty Limited is audited by AMBAVAT JAIN & ASSOCIATES LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMBAVAT JAIN & ASSOCIATES LLP | FY 2018 | 109681W |
Shareholding
The shareholding of Rajsanket Realty Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rajsanket Realty Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2023 | 100802011 | Others | ₹6.27 Lakh | Open | |
| 27 May 2022 | 100583978 | Idbi Trusteeship Services Limited | ₹35 Cr | Open | |
| 01 Jul 2021 | 100462944 | Idbi Trusteeship Services Limited | ₹100 Cr | Open | |
| 15 Jun 2018 | 100187582 | Idbi Trusteeship Services Limited | ₹250 Cr | Open | |
| 16 Feb 2017 | 100087413 | Others | ₹60 Cr | Satisfied |
To see the full charge records of Rajsanket Realty Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Rajsanket Realty Limited has 35 court cases on record: 2 filed by Rajsanket Realty, 33 filed against it. 6 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 16 | 4 |
| High courts | 6 | 4 | 1 |
| Supreme Court | 6 | 6 | 0 |
| NCLT | 4 | 4 | 0 |
| NCLAT | 3 | 3 | 1 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Steelfab Scaffoldings and Engineering Pvt Ltd., | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by Steelfab Scaffoldings and Engineering Pvt Ltd., | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Icici Bank Ltd. Th. Urvesh Rathod | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Steelfab Scaffoldings and Engineering Pvt Ltd., | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Magnum Marble Ltd | Disposed |
To see the full case history of Rajsanket Realty 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 Rajsanket Realty Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rajsanket Realty Limited has a workforce of 28 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Rajsanket Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS4655B1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajsanket Realty Limited, buy the company report.
Recent activity
Rajsanket Realty Limited has 13 board changes on record since 1993: 8 appointments and 5 cessations. The latest: Jignesh Pravinbhai Waghela ceased to be Director on 30 Aug 2022.
20 earlier events are in the company report.
Frequently asked questions
Rajsanket Realty is an active public 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 18 May 1985 (41+ years old) and is registered under CIN L70101MH1985PLC036272.
Rajsanket Realty has 3 current directors:
- Hareshkumar Vallabhdas Sutaria - Whole-Time Director
- Anuj Mulchand Patel - Director
- Nayna Shailesh Desai - Director
The latest financial statements of Rajsanket Realty on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Rajsanket Realty is 27AABCS4655B1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rajsanket Realty is L70101MH1985PLC036272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajsanket Realty is recorded as a listed company by MCA, but its shares were delisted from BSE on 12 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
Rajsanket Realty has 35 court cases on record: 2 filed by the company and 33 filed against it. 6 are pending. Most are in the district courts.
Rajsanket Realty was incorporated on 18 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rajsanket Realty by revenue are Pdi Infra India Private Limited, Skyscrappers Township Private Limited, JMG Lifestyle Private Limited, Shriaan Business Solution Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Jignesh Pravinbhai Waghela ceased to be Director on 30 Aug 2022. Nayna Shailesh Desai was appointed as Director on 30 Mar 2015. Nilesh Chandrakant Mehta ceased to be Director on 03 Sep 2012. Rajsanket Realty has 13 board changes on record in total.
The registered office of Rajsanket Realty is at 139 Seksaria Chambers 2nd Flrnagindas Master Road Fort, Mumbai, Maharashtra, India – 400023.
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