MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-DL-06-0034661
Rama Associates Private Limited - real estate and construction in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹17.78 Cr
▲ 22% YoY
Net profit · FY 2024
₹57.07 Lakh
Net margin 3.2%
EBITDA · FY 2024
₹61.85 Lakh
EBITDA margin 3.5%
Authorised capital
₹9.4 Cr
Registered with MCA
Paid-up capital
₹9.34 Cr
Issued & subscribed
Open charges
₹75 Cr
Satisfied ₹844.12 Cr
Company age
48 yrs
Est. 1978
Employees · EPFO
1
Provident fund records
About Rama Associates Private Limited
Data last updated:
Rama Associates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 August 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70100DL1978PTC009193. Its GSTIN is 07AAACR5728B1ZO (Delhi).
The company has an authorised share capital of ₹9.4 Cr and a paid-up capital of ₹9.34 Cr. It was formerly known as Rama Associates Limited and Essel Real Estate Developers Limited. It is led by directors Shreesh Asthana and Satish Chand Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F – 10 Plot No. 10, Asaf Ali Road, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.78 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹57.07 Lakh (net margin 3.2%) and EBITDA of ₹61.85 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 208% over three years and 17% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 12 subsidiaries and 1 joint venture.
As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹844.12 Cr on record. Court records list 21 cases involving the company, including 12 filed by the company and 9 filed against it.
Rama Associates Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-06-0034661). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esselrealty.com.
Company details
CIN U70100DL1978PTC009193
Registration Number 009193
Incorporation Date 24 August 1978
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-DL-06-0034661
Name history
Rama Associates has undergone 3 name changes throughout its history. The company was previously known as Rama Associates Limited, Essel Real Estate Developers Limited, and Essel Realty Developers Limited. The current legal name is Rama Associates Private Limited.
| Company Name | Status |
|---|---|
| Rama Associates Private Limited | Current |
| Rama Associates Limited | Previous |
| Essel Real Estate Developers Limited | Previous |
| Essel Realty Developers Limited | Previous |
CIN history
Rama Associates has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70100DL1978PTC009193, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100DL1978PTC009193 | Current |
| U63022DL1978PLC009193 | Previous |
| U70100DL1978PLC009193 | Previous |
Recognitions & Rankings of Rama Associates
Contact details
Rama Associates Private Limited's registered office is in New Delhi, Delhi. Its website is esselrealty.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 10 Plot No. 10, Asaf Ali Road, New Delhi, Delhi, India – 110002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rama Associates Private Limited, buy the company report.
Comprehensive company report
Rama Associates Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Rama Associates is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Rama Associates Private Limited, buy the company report.
Financials of Rama Associates Private Limited
FY 2024 filings availableRama Associates Private Limited reported revenue of ₹17.78 Cr (up 22% YoY) for FY 2024.
Revenue · FY 2024
₹17.78 Cr ▲ 22%
Net profit · FY 2024
₹57.07 Lakh margin 3.2%
EBITDA · FY 2024
₹61.85 Lakh margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 208%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 198%
3 years · compounded
▲ 36%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 22% growth in the latest year. EBITDA rose 198% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹61.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.07 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Rama Associates Private Limited, buy the company report.
Board of directors of Rama Associates Private Limited
Rama Associates has 2 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreesh Asthana Also directs: Essel Realtech LLP, Green Maple Developers LLP, Sapta Shakti Enterprises LLP and 5 more | Director | 23 Jul 2024 | 2 Years 3 Months | Current |
| Satish Chand Gupta Also directs: Essel Realtech LLP, Maintorix Management Services LLP, Uni-Chand Builders Private Limited and 5 more | Director | 10 Aug 2024 | 2 Years 3 Months | Current |
Shareholding
The shareholding of Rama Associates 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 Rama Associates Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Cr
Satisfied charges
₹844.12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2015 | 10613604 | Others | ₹75 Cr | Open | |
| 28 Dec 2015 | 10615631 | Idbi Trusteeship Services Limited | ₹310 Cr | Satisfied | |
| 15 Apr 2015 | 10561863 | Jammu and Kashmir Bank Limited | ₹75 Cr | Satisfied | |
| 07 Mar 2012 | 10346989 | Indian Overseas Bank | ₹100 Cr | Satisfied | |
| 02 Jan 2009 | 10143037 | State Bank of India | ₹350 Cr | Satisfied |
To see the full charge records of Rama Associates Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Rama Associates Private Limited has 21 court cases on record: 12 filed by Rama Associates, 9 filed against it. All cases are disposed.
Total cases
21
Filed by the company
12
Filed against the company
9
Disposed
21
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 2 | 0 |
| High courts | 9 | 4 | 0 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Vinman Estates Pvt. Ltd. and Ors. | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Housing Development Finance Corporation | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax | Disposed |
| District court, North West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by an individual | Disposed |
To see the full case history of Rama Associates 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 Rama Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rama Associates has 12 subsidiary companies and 1 joint venture. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
12
Subsidiary companies
1
Joint ventures
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Essel Realtech LLP | AAJ-2182 | |
| Vivek Infracon Private Limited | U45400DL2011PTC227066 | |
| Gnex Projects Private Limited | U45400DL2011PTC228959 | |
| Leopard Infratech Private Limited | U70101DL2010PTC205569 | |
| Renu Realtech Private Limited | U70101DL2011PTC213488 | |
| Rama Infratech Housing Private Limited | U70101DL2016PTC292990 |
To see the full group structure of Rama Associates Private Limited, buy the company report.
Employees & EPFO
Rama Associates Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 3 active EPFO establishments.
Employee count
1
Active EPFO establishments
3
GST
Rama Associates has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACR5728B1ZO | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rama Associates Private Limited, buy the company report.
Recent activity
Rama Associates Private Limited has 21 board changes on record since 2008: 2 appointments and 19 cessations. The latest: Shreesh Asthana ceased to be Additional Director on 29 Sep 2024.
AGM
Rama Associates Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Shreesh Asthana ceased to be Additional Director.
Appointed
Satish Chand Gupta was appointed as Director.
Ceased
Sourabh Kumar ceased to be Additional Director.
Appointed
Shreesh Asthana was appointed as Director.
Charges
A charge registered on 28 Dec 2015 via Charge ID 10615631 with Idbi Trusteeship Services Limited was fully satisfied on 02 May 2024.
Filing
Rama Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi Ii.
Ceased
Rajesh Kumar ceased to be Additional Director.
Ceased
Subhash Chand Garg ceased to be Additional Director.
Ceased
Amitabh Kumar ceased to be Director.
Charges
A charge with Others of Rs. 75.00 Cr registered on 28 Dec 2015 with Charge ID 10613604 was modified on 31 Mar 2022.
Ceased
Radhey Shyam Pandey ceased to be Additional Director.
33 earlier events are in the company report.
Frequently asked questions
Rama Associates is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 August 1978 (48+ years old) and is registered under CIN U70100DL1978PTC009193.
Rama Associates has 2 current directors:
- Shreesh Asthana - Director
- Satish Chand Gupta - Director
The latest financial statements of Rama Associates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rama Associates is 07AAACR5728B1ZO, registered in Delhi.
The CIN (Corporate Identification Number) of Rama Associates is U70100DL1978PTC009193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rama Associates has 21 court cases on record: 12 filed by the company and 9 filed against it. Most are in the district courts.
Rama Associates was incorporated on 24 August 1978, making it 48+ years old. It is registered with the Registrar of Companies, Delhi.
Shreesh Asthana ceased to be Additional Director on 29 Sep 2024. Satish Chand Gupta was appointed as Director on 10 Aug 2024. Sourabh Kumar ceased to be Additional Director on 25 Jul 2024. Rama Associates has 21 board changes on record in total.
Yes, Rama Associates is registered as an MSME under Udyam registration (number: UDYAM-DL-06-0034661).
Rama Associates can be reached through the website esselrealty.com. Its registered office is in New Delhi, Delhi, India.
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