About Rajdhani Systems and Estates Private Limited
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Rajdhani Systems and Estates Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 20 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U70101OR1999PTC005778. Its GSTIN is 21AABCR8271L1Z8 (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Tirupati Panigrahi (Managing Director) and Madhu Sudan Panigrahi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No – A/103 Saheed Nagar, Bhubaneswar, Odisha, India – 751007.
As per the financials filed for FY 2022, the company reported a revenue of ₹15.92 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹1.36 Cr (net margin 8.5%) and EBITDA of ₹2.4 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 449% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹149.01 Cr and satisfied charges of ₹88.29 Cr on record. Court records list 69 cases involving the company, including 46 filed by the company and 23 filed against it; 20 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hi-techpromoters.com.
Company details
Contact details
Rajdhani Systems and Estates Private Limited's registered office is in Bhubaneswar, Odisha. Its website is hi-techpromoters.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No – A/103 Saheed Nagar, Bhubaneswar, Odisha, India – 751007
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Rajdhani Systems and Estates 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 Rajdhani Systems and Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Rajdhani Systems and Estates Private Limited, buy the company report.
Financials of Rajdhani Systems and Estates Private Limited
FY 2023 filings availableRajdhani Systems and Estates Private Limited reported revenue of ₹15.92 Cr (up 66% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 449% over five years, including 66% growth in the latest year. EBITDA fell 64% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹15.92 Cr | ||||
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| EBITDA | ₹2.4 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.36 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 8.5% | ||||
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To see the full financial statements and ratios of Rajdhani Systems and Estates Private Limited, buy the company report.
Board of directors of Rajdhani Systems and Estates Private Limited
Rajdhani Systems and Estates has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Sudan Panigrahi Also directs: Hi-Tech Sugars Private Limited, TP Technologies Private Limited, Hi-Tech Estates and Promoters Private Limited and 2 more | Director | 20 May 1999 | 27 Years 5 Months | Current |
| Tirupati Choudhury Also directs: Hi-Tech Sugars Private Limited, TP Technologies Private Limited, Hi-Tech Estates and Promoters Private Limited and 5 more | Director | 20 May 1999 | 27 Years 5 Months | Current |
| Tirupati Panigrahi Also directs: Hi-Tech Sugars Private Limited, TP Technologies Private Limited, Hi-Tech Estates and Promoters Private Limited and 5 more | Managing Director | 20 May 1999 | 27 Years 5 Months | Current |
Peer comparison
Rajdhani Systems and Estates Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RP Green Estates Private Limited | ₹16.2 Cr (FY 2023) | 730.0% | Lucknow, Uttar Pradesh, India | |||
| Homestead Infrastructure Development Private Limited | ₹16.12 Cr (FY 2016) | -69.0% | New Delhi, Delhi, India | |||
| V-Cube Ventures Private Limited | ₹15.96 Cr (FY 2024) | 528.0% | Jaipur, Rajasthan, India | |||
| Rajdhani Systems and Estates Private Limitedthis company | ₹15.92 Cr (FY 2022) | ₹1.36 Cr | 8.5% | 66.0% | 21 | Bhubaneswar, Odisha, India |
| Sheesh Mahal Developers Limited | ₹15.67 Cr (FY 2025) | 18.0% | Bathinda, Punjab, India |
To see the full peer comparison of Rajdhani Systems and Estates Private Limited, buy the company report.
Auditor
Rajdhani Systems and Estates Private Limited is audited by J B M T & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J B M T & ASSOCIATES | FY 2022 | 320232E |
Shareholding
The shareholding of Rajdhani Systems and Estates Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rajdhani Systems and Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2024 | 100922515 | Others | ₹146.89 Cr | Open | |
| 08 Jan 2024 | 100889998 | Hdfc Bank Limited | ₹11.65 Lakh | Open | |
| 26 Jun 2006 | 80029027 | Indian Bank | ₹2 Cr | Open | |
| 27 May 2009 | 10164514 | Uco Bank | ₹6 Cr | Satisfied | |
| 31 Mar 2007 | 10050914 | Indian Bank | ₹1 Cr | Satisfied |
To see the full charge records of Rajdhani Systems and Estates Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Rajdhani Systems and Estates Private Limited has 69 court cases on record: 46 filed by Rajdhani Systems and Estates, 23 filed against it. 20 cases are pending and 49 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 11 | 5 |
| District courts | 17 | 12 | 8 |
| Supreme Court | 10 | 0 | 7 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COPET) | Filed against the company by M/S.Concast Steel and Power Ltd. | Disposed |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by Tata Capital Ltd. | Disposed |
| District court, Cuttack, Odisha | Court case (2(C)CC) | Filed against the company by The Asst. Registrar of Companies-Cum-Asst. Official Liqidator,Odisha | Pending |
| Supreme Court | Court case | Filed by the company against an individual | Pending |
| District court, Khurda, Odisha | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Rajdhani Systems and Estates 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
No delayed payments to MSME suppliers are on our record for Rajdhani Systems and Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rajdhani Systems and Estates Private Limited has a workforce of 21 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Rajdhani Systems and Estates has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCR8271L1Z8 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajdhani Systems and Estates Private Limited, buy the company report.
Recent activity
Rajdhani Systems and Estates Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Madhu Sudan Panigrahi was appointed as Director on 20 May 1999.
14 earlier events are in the company report.
Frequently asked questions
Rajdhani Systems and Estates is an active private limited company based in Bhubaneswar, Odisha, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 20 May 1999 (27+ years old) and is registered under CIN U70101OR1999PTC005778.
Rajdhani Systems and Estates has 3 current directors:
- Tirupati Panigrahi - Managing Director
- Madhu Sudan Panigrahi - Director
- Tirupati Choudhury - Director
The latest financial statements of Rajdhani Systems and Estates on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Rajdhani Systems and Estates is 21AABCR8271L1Z8, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rajdhani Systems and Estates is U70101OR1999PTC005778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajdhani Systems and Estates has 69 court cases on record: 46 filed by the company and 23 filed against it. 20 are pending. Most are in the high courts.
Rajdhani Systems and Estates was incorporated on 20 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Rajdhani Systems and Estates by revenue are RP Green Estates Private Limited, Homestead Infrastructure Development Private Limited, V-Cube Ventures Private Limited, Sheesh Mahal Developers Limited, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).
Madhu Sudan Panigrahi was appointed as Director on 20 May 1999. Tirupati Choudhury was appointed as Director on 20 May 1999. Tirupati Panigrahi was appointed as Managing Director on 20 May 1999.
Rajdhani Systems and Estates can be reached through the website hi-techpromoters.com. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Rajdhani Systems and Estates is at Plot No – A103 Saheed Nagar, Bhubaneswar, Odisha, India – 751007.