Ratnaakar Infratech Private Limited

Ratnaakar Infratech Private Limited - real estate and construction in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U45205GJ2016PTC086500 Incorporated 17 March 2016 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company real estate and construction MSME · Small
Data last updated
Revenue · FY 2025
₹56.2 Cr
▲ 29% YoY
Net loss · FY 2025
₹9.75 Cr
Net margin -17.3%
EBITDA · FY 2025
-₹9.28 Cr
EBITDA margin -16.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹29.5 Cr
Satisfied ₹263 Cr
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings

About Ratnaakar Infratech Private Limited

Data last updated:

Ratnaakar Infratech Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Nishant Construction Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 March 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45205GJ2016PTC086500. Its GSTIN is 24AAHCR7056B1ZK (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nishant Upendra Shah and Upendra Chinubhai Shah.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 801 – 802 Regancy Plaza Anandnagar Cross Road Satellite Ahmedabad – 380015, Gujarat, India – 380015.

As per the financials filed for FY 2025, the company reported a revenue of ₹56.2 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹9.75 Cr (net margin -17.3%) and EBITDA of -₹9.28 Cr (EBITDA margin -16.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 91% over five years.

The company is associated with 1 brand: Ratnaakar. As per MCA filings, the company has open charges of ₹29.5 Cr and satisfied charges of ₹263 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 2 deals on record (1 secondary share transfer, 1 debt financing), with disclosed funding of ₹110.83 Cr; the latest was in November 2019. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 42 overdue payments to 5 micro and small suppliers.

Ratnaakar Infratech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0094747). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ratnaakar.com.

Company details

CIN U45205GJ2016PTC086500
Registration Number 086500
Incorporation Date 17 March 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Nishant Construction Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0094747
Key People
Nishant Upendra Shah Director Upendra Chinubhai Shah Director

Recognitions & Rankings of Ratnaakar Infratech

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0094747

Contact details

Ratnaakar Infratech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ratnaakar.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ratnaakar.com
  • Registered Address
    801 – 802 Regancy Plaza Anandnagar Cross Road Satellite Ahmedabad – 380015, Gujarat, India – 380015
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Ratnaakar Infratech Private Limited, buy the company report.

Comprehensive company report
Ratnaakar Infratech 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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Brands

Ratnaakar Infratech operates one associated brand: Ratnaakar. Each brand links to its own profile.

BrandDescriptionWebsite
Ratnaakar
Real estate developer focusing on luxury apartments and plots in Ahmedabad.ratnaakar.com

Business activity

The main business activity of Ratnaakar Infratech 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 Ratnaakar Infratech Private Limited, buy the company report.

Financials of Ratnaakar Infratech Private Limited

FY 2025 filings available

Ratnaakar Infratech Private Limited reported revenue of ₹56.2 Cr (up 29% YoY) for FY 2025.

Revenue · FY 2025
₹56.2 Cr ▲ 29%
Net loss · FY 2025
₹9.75 Cr margin -17.3%
EBITDA · FY 2025
-₹9.28 Cr margin -16.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 10%
5 years · compounded
▲ 91%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▼ 114%
5 years · compounded
▼ 25%

Revenue has grown at a compounded annual rate (CAGR) of 91% over five years, including 29% growth in the latest year. EBITDA rose 54% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹9.28 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹9.75 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-16.5%
Net Profit Margin-17.3%
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 Ratnaakar Infratech Private Limited, buy the company report.

Board of directors of Ratnaakar Infratech Private Limited

Ratnaakar Infratech has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nishant Upendra Shah
Also directs: NCPL Construction LLP, NCPL Infracon LLP, Redcliffe Infrastructure LLP and 5 more
Director17 Mar 201610 Years 7 MonthsCurrent
Upendra Chinubhai Shah
Also directs: NCPL Construction LLP, NCPL Infracon LLP, Redcliffe Infrastructure LLP and 5 more
Director17 Mar 201610 Years 7 MonthsCurrent
View all directors

Auditor

Ratnaakar Infratech Private Limited is audited by PARIKH AND MAJMUDAR CHARTERED ACCOUNTANTS for the financial year 2022.

Auditor firmFinancial yearFirm registration number
PARIKH AND MAJMUDAR CHARTERED ACCOUNTANTSFY 2022107525W

Shareholding

The shareholding of Ratnaakar Infratech 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 Ratnaakar Infratech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹29.5 Cr
Satisfied charges
₹263 Cr
Breakdown by lending institutions
Others₹29.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Sep 2025101156988Others₹29.5 CrOpen
19 Jan 2024100849443Others₹65 CrSatisfied
12 Aug 2022100614537Others₹25 CrSatisfied
14 Jun 2022100586684Others₹25 CrSatisfied
13 Jun 2022100586680Others₹33 CrSatisfied

To see the full charge records of Ratnaakar Infratech Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Ratnaakar Infratech Private Limited has 2 deals on record (1 secondary share transfer, 1 debt financing), with disclosed funding of ₹110.83 Cr; the latest was in November 2019.

Total deals
2
Secondary share transfer
1
Debt financing
1
Disclosed funding
₹110.83 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Nov 2019Debt financing₹110.83 CrInvestors: Motilal Oswal Real Estate, India Realty Excellence Fund IV, 2 individuals
Oct 2019Secondary share transferUndisclosedBuyer: Nishant Construction Private Limited (NCPL), Nishant Construction Private Limited & Upendra C Shah
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Ratnaakar Infratech Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 42 overdue payments to 5 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 5)

SupplierAmount dueDue sinceReported on
Ishan Infotech Limited
Magnus Architectural Solutions Private Limited
Epic Elevators Private Limited
Agew Steel Manufacturers Pvt Ltd
an individual supplier

To see the full MSME payment records of Ratnaakar Infratech Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ratnaakar Infratech Private Limited has 1 active EPFO establishment as of Mar 24, 2024.

Active EPFO establishments
1

GST

Ratnaakar Infratech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAHCR7056B1ZKGujaratActive29 Oct 2019

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

Recent activity

Ratnaakar Infratech Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Nishant Upendra Shah was appointed as Director on 17 Mar 2016.

AGM
Ratnaakar Infratech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2,950.00 Lakh with Charge ID 101156988 was registered on 09 Sep 2025.
Charges
A charge registered on 19 Jan 2024 via Charge ID 100849443 with Others was fully satisfied on 03 Jul 2025.
Filing
Ratnaakar Infratech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 6,500.00 Lakh registered on 19 Jan 2024 with Charge ID 100849443 was modified on 06 May 2024.
Charges
A charge with Others amounted to Rs. 6,500.00 Lakh with Charge ID 100849443 was registered on 19 Jan 2024.
Charges
A charge registered on 12 Aug 2022 via Charge ID 100614537 with Others was fully satisfied on 05 Jan 2024.
Charges
A charge registered on 14 Jun 2022 via Charge ID 100586684 with Others was fully satisfied on 05 Jan 2024.
Charges
A charge registered on 13 Jun 2022 via Charge ID 100586680 with Others was fully satisfied on 05 Jan 2024.
Charges
A charge registered on 02 Jun 2020 via Charge ID 100349269 with Others was fully satisfied on 05 Jan 2024.
Charges
A charge registered on 02 Jun 2020 via Charge ID 100349244 with Others was fully satisfied on 05 Jan 2024.
Charges
A charge with Others of Rs. 2,500.00 Lakh registered on 14 Jun 2022 with Charge ID 100586684 was modified on 05 Sep 2023.

8 earlier events are in the company report.

Frequently asked questions

Ratnaakar Infratech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 March 2016 (10+ years old) and is registered under CIN U45205GJ2016PTC086500.

Ratnaakar Infratech has 2 current directors:

The latest financial statements of Ratnaakar Infratech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Ratnaakar Infratech is 24AAHCR7056B1ZK, registered in Gujarat.

The CIN (Corporate Identification Number) of Ratnaakar Infratech is U45205GJ2016PTC086500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ratnaakar Infratech has 1 court case on record: 1 filed by the company. 1 is pending.

Ratnaakar Infratech was incorporated on 17 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ratnaakar Infratech has 2 deals on record (1 secondary share transfer, 1 debt financing), with disclosed funding of ₹110.83 Cr; the latest was in November 2019.

Nishant Upendra Shah was appointed as Director on 17 Mar 2016. Upendra Chinubhai Shah was appointed as Director on 17 Mar 2016.

Yes, Ratnaakar Infratech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0094747).

Ratnaakar Infratech has 4 MSME Form 1 returns on record between 2022 and 2023, listing 42 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Aug 2023.