Ras Developments Private Limited

Ras Developments Private Limited - real estate and construction in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74899DL2004PTC125080 Incorporated 10 March 2004 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company real estate and construction MSME · Small
Data last updated
Revenue · FY 2024
₹24.16 Cr
▲ 15% YoY
Net profit · FY 2024
₹11.99 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹34.8 Lakh
EBITDA margin 1.4%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.25 Cr
Issued & subscribed
Open charges
₹9.56 Cr
Satisfied ₹20.85 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
3
Provident fund records

About Ras Developments Private Limited

Data last updated:

Ras Developments 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 10 March 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL2004PTC125080. Its GSTIN is 07AACCR9308P1ZT (Delhi). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.25 Cr. It is led by directors Multan Singh and Ajay Saroop Gupta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No. 504, Chiranjiv Tower 43 Nehru Place, New Delhi, Delhi, India – 110019.

As per the financials filed for FY 2024, the company reported a revenue of ₹24.16 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹11.99 Lakh (net margin 0.5%) and EBITDA of ₹34.8 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 22% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9.56 Cr and satisfied charges of ₹20.85 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 1 case is pending.

Ras Developments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-09-0001064). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rasindia.net.

Company details

CIN U74899DL2004PTC125080
Registration Number 125080
Incorporation Date 10 March 2004
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-09-0001064
Key People
Multan Singh Director Ajay Saroop Gupta Additional Director

Recognitions & Rankings of Ras Developments

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-09-0001064

Contact details

Ras Developments Private Limited's registered office is in New Delhi, Delhi. Its website is rasindia.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    rasindia.net
  • Registered Address
    Flat No. 504, Chiranjiv Tower 43 Nehru Place, New Delhi, Delhi, India – 110019
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Ras Developments Private Limited, buy the company report.

Comprehensive company report
Ras Developments 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 Ras Developments is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Ras Developments Private Limited, buy the company report.

Financials of Ras Developments Private Limited

FY 2024 filings available

Ras Developments Private Limited reported revenue of ₹24.16 Cr (up 15% YoY) for FY 2024.

Revenue · FY 2024
₹24.16 Cr ▲ 15%
Net profit · FY 2024
₹11.99 Lakh margin 0.5%
EBITDA · FY 2024
₹34.8 Lakh margin 1.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 22%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 13%
5 years · compounded
▼ 13%

Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 15% growth in the latest year. EBITDA fell 11% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹34.8 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.99 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.4%
Net Profit Margin0.5%
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 Ras Developments Private Limited, buy the company report.

Board of directors of Ras Developments Private Limited

Ras Developments has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Multan Singh
Also directs: Ras Infra Projects Private Limited, Golden Star Buildcon Private Limited
Director10 Mar 200422 Years 8 MonthsCurrent
Ajay Saroop Gupta
Also directs: Ras Infra Projects Private Limited, Asgrkg Builders LLP, Novanest Builders LLP and 4 more
Additional Director13 May 20242 Years 5 MonthsCurrent
View all directors

Peer comparison

Ras Developments Private 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gemstar Builders & Developers Private Limited₹24.18 Cr (FY 2025)0.0%New Delhi, Delhi, India
Ras Developments Private Limitedthis company₹24.16 Cr (FY 2024)₹11.99 Lakh0.5%15.0%3New Delhi, Delhi, India
Krishvi Projects Private Limited₹24.13 Cr (FY 2025)119.0%Domlur, Bangalore, Karnataka, India
S J Developers and Housing Private Limited₹24.12 Cr (FY 2024)-20.0%Bhubaneswar, Odisha, India
Sanrakshak Infrastructure Private Limited₹24.11 Cr (FY 2020)24767.0%Delhi, India

To see the full peer comparison of Ras Developments Private Limited, buy the company report.

Auditor

Ras Developments Private Limited is audited by HINORANI M AND CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
HINORANI M AND CO.FY 2023006772N

Shareholding

The shareholding of Ras Developments 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ras Developments Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.56 Cr
Satisfied charges
₹20.85 Cr
Breakdown by lending institutions
Others₹4.94 Cr
Oriental Bank of Commerce₹3.77 Cr
Bank of Baroda₹0.47 Cr
Hdfc Bank Limited₹0.39 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Oct 2025101185027Hdfc Bank Limited₹38.56 LakhOpen
01 Feb 2025101040893Others₹50 LakhOpen
22 Dec 201410542568Bank of Baroda₹46.5 LakhOpen
05 Dec 201310467074Oriental Bank of Commerce₹65.23 LakhOpen
22 Apr 201310428171Others₹4.44 CrOpen

To see the full charge records of Ras Developments Private Limited, buy the company report.

Total charge records: 15 View all charges

Credit ratings & regulatory alerts

Ras Developments Private Limited was last rated by Crisil on 14 May 2020.

Rating agencyRated onRating
Crisil14 May 2020

To see the full credit ratings and regulatory alerts of Ras Developments Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ras Developments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ras Developments Private Limited has a workforce of 3 employees on its EPFO records as of Mar 2026, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2025-263
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Ras Developments Private Limited, buy the company report.

GST

Ras Developments has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
07AACCR9308P1ZTDelhiActive01 Jul 2017
06AACCR9308P1ZVHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Ras Developments Private Limited, buy the company report.

Recent activity

Ras Developments Private Limited has 8 board changes on record since 2004: 2 appointments and 6 cessations. The latest: Ajay Saroop Gupta was appointed as Additional Director on 13 May 2024.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.39 Cr with Charge ID 101185027 was registered on 29 Oct 2025.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101040893 was registered on 01 Feb 2025.
Charges
A charge registered on 07 Oct 2020 via Charge ID 100389756 with Others was fully satisfied on 23 Oct 2024.
AGM
Ras Developments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 4.44 Cr registered on 22 Apr 2013 with Charge ID 10428171 was modified on 14 May 2024.
Appointed
Ajay Saroop Gupta was appointed as Additional Director.
Filing
Ras Developments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Rajesh Kumar Giri ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.31 Cr with Charge ID 100389756 was registered on 07 Oct 2020.
Ceased
Rajat Goel ceased to be Company Secretary.
Charges
A charge registered on 31 Jul 2015 via Charge ID 10587666 with Hdb Financial Services Limited was fully satisfied on 08 May 2019.
Charges
A charge registered on 18 Jan 2012 via Charge ID 10339068 with India Infoline Finance Limited was fully satisfied on 22 Jun 2017.

22 earlier events are in the company report.

News

Frequently asked questions

Ras Developments 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 10 March 2004 (22+ years old) and is registered under CIN U74899DL2004PTC125080.

Ras Developments has 2 current directors:

The latest financial statements of Ras Developments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Ras Developments is 07AACCR9308P1ZT, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCR9308P1ZV (Haryana).

The CIN (Corporate Identification Number) of Ras Developments is U74899DL2004PTC125080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ras Developments has 9 court cases on record: 1 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.

Ras Developments was incorporated on 10 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Ras Developments by revenue are Gemstar Builders & Developers Private Limited, Krishvi Projects Private Limited, S J Developers and Housing Private Limited, Sanrakshak Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).

Ajay Saroop Gupta was appointed as Additional Director on 13 May 2024. Rajesh Kumar Giri ceased to be Additional Director on 29 Sep 2023. Rajat Goel ceased to be Company Secretary on 01 Jun 2019. Ras Developments has 8 board changes on record in total.

Yes, Ras Developments is registered as a small enterprise under Udyam registration (number: UDYAM-DL-09-0001064).

Ras Developments can be reached through the website rasindia.net. Its registered office is in New Delhi, Delhi, India.