Rak Realty Private Limited
About Rak Realty Private Limited
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Rak Realty Private Limited is a private 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 23 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1988PTC048599.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It was formerly known as V Kothari Exports Pvt Ltd. It is led by directors including Ashok Khemchand Kothari and Vinay Khemchand Kothari.
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 522 Commerce House140 N Master Road, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.01 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹77,544 (net margin -4.1%) and EBITDA of -₹8.86 Lakh (EBITDA margin -46.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 123% over five years.
Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Rak Realty has one previous CIN (Corporate Identification Number): U51900MH1988PTC048599. The current CIN is U45200MH1988PTC048599, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1988PTC048599 | Current |
| U51900MH1988PTC048599 | Previous |
Contact details
Rak Realty Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address522 Commerce House140 N Master Road, Mumbai, Maharashtra, India – 400023
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rak Realty 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 Rak Realty Private Limited
FY 2023 filings availableRak Realty Private Limited reported revenue of ₹19.01 Lakh (down 25% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 123%. 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 | |||||
| Other Income | |||||
| Total Revenue | ₹19.01 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹77,544 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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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 | -46.6% | ||||
| Net Profit Margin | -4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Rak Realty Private Limited, buy the company report.
Board of directors of Rak Realty Private Limited
Rak Realty has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Khemchand Kothari Also directs: Bridgeview Real Estate Development LLP, Suryodaya Ventures LLP, K.B.K. Realtors LLP and 5 more | Director | 23 Aug 1988 | 38 Years 2 Months | Current |
| Vinay Khemchand Kothari Also directs: Prithvi Skyscraper LLP, Bridgeview Real Estate Development LLP, Suryodaya Ventures LLP and 5 more | Director | 23 Aug 1988 | 38 Years 2 Months | Current |
| Sushil Rajendra Kothari Also directs: Bridgeview Real Estate Development LLP, Suryodaya Ventures LLP, Durable Realty (India ) Private Limited and 1 more | Director | 16 Jan 2009 | 17 Years 9 Months | Current |
Auditor
Rak Realty Private Limited is audited by BHATTER & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHATTER & ASSOCIATES | FY 2022 | 411226 |
Shareholding
The shareholding of Rak Realty Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rak Realty Private Limited, buy the company report.
Legal cases
Rak Realty Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Peninsula Land Limited Through Rakesh Bajaj | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax Department | Disposed |
To see the full case history of Rak Realty 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 Rak Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Rak Realty Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rak Realty Private Limited has 5 board changes on record since 1988: 3 appointments and 2 cessations. The latest: Sushil Rajendra Kothari ceased to be Additional Director on 30 Sep 2009.
Frequently asked questions
Rak Realty is an active 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 23 August 1988 (38+ years old) and is registered under CIN U45200MH1988PTC048599.
Rak Realty has 3 current directors:
- Ashok Khemchand Kothari - Director
- Vinay Khemchand Kothari - Director
- Sushil Rajendra Kothari - Director
The latest financial statements of Rak Realty 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 CIN (Corporate Identification Number) of Rak Realty is U45200MH1988PTC048599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rak Realty has 3 court cases on record: 3 filed against it. 2 are pending.
Rak Realty was incorporated on 23 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Sushil Rajendra Kothari ceased to be Additional Director on 30 Sep 2009. Vivek Kamalchand Kothari ceased to be Additional Director on 30 Sep 2009. Sushil Rajendra Kothari was appointed as Director on 16 Jan 2009. Rak Realty has 5 board changes on record in total.
The registered office of Rak Realty is at 522 Commerce House140 N Master Road, Mumbai, Maharashtra, India – 400023.
Rak Realty operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Rak Realty is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.