About Rare Townships Private Limited
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Rare Townships 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 05 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2000PTC126999. Its GSTIN is 27AAACI7331M1ZD (Maharashtra).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹31.73 Cr. It was formerly known as Infrastructure Ventures India Limited and Infrastructure Ventures India Private Limited. It is led by directors including Dattatraya Vijaysingh Prabhu and Dhara Khushal Bosamia.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.95 Cr (net margin -152.5%) and EBITDA of ₹8.66 Cr (EBITDA margin 94.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 91% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rising City. As per MCA filings, the company has open charges of ₹326 Cr on record. Court records list 22 cases involving the company, including 21 filed by the company and 1 filed against it; 10 cases are pending. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹174.3 Cr; the latest was in March 2014. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger; the largest is Siddharth Megahomes Private Limited with revenue of ₹9.17 Cr. The company has 34 MSME Form 1 returns on record between 2015 and 2023, listing 330 overdue payments to 21 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website risingcity.co.in.
Company details
Name history
Rare Townships has undergone 2 name changes throughout its history. The company was previously known as Infrastructure Ventures India Limited, and Infrastructure Ventures India Private Limited. The current legal name is Rare Townships Private Limited.
| Company Name | Status |
|---|---|
| Rare Townships Private Limited | Current |
| Infrastructure Ventures India Limited | Previous |
| Infrastructure Ventures India Private Limited | Previous |
CIN history
Rare Townships has one previous CIN (Corporate Identification Number): U70102MH2000PLC126999. The current CIN is U70102MH2000PTC126999, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102MH2000PTC126999 | Current |
| U70102MH2000PLC126999 | Previous |
Contact details
Rare Townships Private Limited's registered office is in Mumbai, Maharashtra. Its website is risingcity.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCts No. 194B Pwd Ground Ghatkopar – Mankhurd Link Road Ghatkopa, R (East), Mumbai, Maharashtra, India – 400077
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rare Townships 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
Brands
Rare Townships operates one associated brand: Rising City. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development focusing on residential and commercial projects in Mumbai. | risingcity.co.in |
Business activity
The main business activity of Rare Townships 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 Rare Townships Private Limited, buy the company report.
Financials of Rare Townships Private Limited
FY 2025 filings availableRare Townships Private Limited reported revenue of ₹9.15 Cr (up 680% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 91% over five years, including 680% growth in the latest year. EBITDA rose 78% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.95 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.7% | ||||
| Net Profit Margin | -152.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rare Townships Private Limited, buy the company report.
Board of directors of Rare Townships Private Limited
Rare Townships has 4 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dattatraya Vijaysingh Prabhu Also directs: Risingcity Maintenance Private Limited, Yantti Buildcon Private Limited, Hubtown Bus Terminal (Adajan) Private Limited and 5 more | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
| Dhara Khushal Bosamia | Director | 13 May 2025 | 1 Years 5 Months | Current |
| Shrenik Rasik Mehta Also directs: Sita Power Limited, Risingcity Maintenance Private Limited, Vishal Techno Commerce Limited and 3 more | Director | 12 Nov 2019 | 6 Years 11 Months | Current |
| Sunil Chandrakant Shah Also directs: Vishal Techno Commerce Limited, Rubix Trading Private Limited, Joynest Premises Private Limited and 2 more | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Rare Townships Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Siddharth Megahomes Private Limited | ₹9.17 Cr (FY 2025) | 684.0% | Mumbai, Maharashtra, India | |||
| Hema Abodes Private Limited | ₹9.17 Cr (FY 2025) | -44.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Ezzy Infratech Private Limited | ₹9.16 Cr (FY 2023) | 566.0% | Bangalore, Karnataka, India | |||
| Rare Townships Private Limitedthis company | ₹9.15 Cr (FY 2025) | -₹13.95 Cr | -152.5% | 680.0% | 23 | Mumbai, Maharashtra, India |
To see the full peer comparison of Rare Townships Private Limited, buy the company report.
Auditor
Rare Townships Private Limited is audited by NIRAJ D. ADATIA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAJ D. ADATIA & ASSOCIATES | FY 2022 | 129486W |
Shareholding
The shareholding of Rare Townships Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rare Townships Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2024 | 100900878 | Others | ₹296 Cr | Open | |
| 08 Dec 2015 | 10610861 | Others | ₹30 Cr | Open |
To see the full charge records of Rare Townships Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Rare Townships Private Limited has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹174.3 Cr; the latest was in March 2014.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Seller: IL&FS Investment Managers, IFIN Realty Trust |
| Jan 2013 | Funding round | ₹127.8 Cr | Investors: IL&FS Investment Managers, Hubtown Limited , IFIN Realty Trust |
| Feb 2011 | Funding round | ₹2 Cr | Investors: Hubtown Limited , Rajesh Estates and Nirman Private Limited , 2 individuals |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: Hubtown Limited Seller: Neelkanth Mansions and Infrastructure Private Limited , 2 individuals |
| Jul 2006 | Secondary share transfer | Undisclosed | Buyer: Rajesh Estates and Nirman Private Limited Seller: 4 individuals |
To see the full deal history of Rare Townships Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rare Townships Private Limited has 22 court cases on record: 21 filed by Rare Townships, 1 filed against it. 10 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 1 | 9 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Vistra Itcl (India) Limited (Formerly Known As Il and FS Trust Company Limited) and 11 others | Disposed |
| Supreme Court | Court case | Filed by the company against an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Rare Townships 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
Rare Townships Private Limited has 34 MSME Form 1 returns on record between 2015 and 2023, listing 330 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Concretech Infrastructure Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| H.D. Design |
To see the full MSME payment records of Rare Townships Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rare Townships Private Limited has a workforce of 23 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Rare Townships has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI7331M1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rare Townships Private Limited, buy the company report.
Recent activity
Rare Townships Private Limited has 26 board changes on record since 2006: 4 appointments and 22 cessations. The latest: Dhara Khushal Bosamia ceased to be Additional Director on 28 Sep 2025.
20 earlier events are in the company report.
Frequently asked questions
Rare Townships 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 05 June 2000 (26+ years old) and is registered under CIN U70102MH2000PTC126999.
Rare Townships has 4 current directors:
- Dattatraya Vijaysingh Prabhu - Director
- Dhara Khushal Bosamia - Director
- Shrenik Rasik Mehta - Director
- Sunil Chandrakant Shah - Director
The latest financial statements of Rare Townships on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rare Townships is 27AAACI7331M1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rare Townships is U70102MH2000PTC126999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rare Townships has 22 court cases on record: 21 filed by the company and 1 filed against it. 10 are pending. Most are in the high courts.
Rare Townships was incorporated on 05 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Rare Townships has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹174.3 Cr; the latest was in March 2014.
The peers of Rare Townships by revenue are Siddharth Megahomes Private Limited, Hema Abodes Private Limited, Ezzy Infratech Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Dhara Khushal Bosamia ceased to be Additional Director on 28 Sep 2025. Dhara Khushal Bosamia was appointed as Director on 13 May 2025. Nancy Stephen Pereira ceased to be CFO on 13 May 2025. Rare Townships has 26 board changes on record in total.
Rare Townships has 34 MSME Form 1 returns on record between 2015 and 2023, listing 330 overdue payments to 21 micro and small suppliers. The latest return was filed on 22 Nov 2023.
Rare Townships can be reached through the website risingcity.co.in. Its registered office is in Mumbai, Maharashtra, India.
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