About RGV Innovations Private Limited
Data last updated:
RGV Innovations Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U70101RJ2013PTC041555. Its GSTIN is 08AAFCK0831P1Z9 (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as G1 Wonders Private Limited and G1 Ventures India Private Limited. It is led by directors Gaurav Bardiya and Rajendra Kumar Bardiya.
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 306 Gaurav Tower – I Malviya Nagar, Jaipur, Rajasthan, India – 302017.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.08 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹3.88 Cr (net margin -24.1%) and EBITDA of ₹9.34 Cr (EBITDA margin 58.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 1% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹57 Cr and satisfied charges of ₹79.75 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website g1wonders.com.
Company details
Name history
RGV Innovations has undergone 5 name changes throughout its history. The current legal name is Rgv Innovations Private Limited.
| Company Name | Status |
|---|---|
| RGV Innovations Private Limited | Current |
| G1 Wonders Private Limited | Previous |
| G1 Ventures India Private Limited | Previous |
| G1 Wonder India Private Limited | Previous |
| Krishna Alankar Developers Private Limited | Previous |
| G1 Ventures Private Limited | Previous |
Contact details
RGV Innovations Private Limited's registered office is in Jaipur, Rajasthan. Its website is g1wonders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address306 Gaurav Tower – I Malviya Nagar, Jaipur, Rajasthan, India – 302017
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of RGV Innovations 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
Business activity
The main business activities of RGV Innovations are construction and real estate. In detail, this covers buildings and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of RGV Innovations Private Limited, buy the company report.
Financials of RGV Innovations Private Limited
FY 2024 filings availableRGV Innovations Private Limited reported revenue of ₹16.08 Cr (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 33% fall in the latest year. EBITDA fell 24% 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 |
|---|---|---|---|---|---|
| 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 | ₹9.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.88 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.1% | ||||
| Net Profit Margin | -24.1% | ||||
| 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 RGV Innovations Private Limited, buy the company report.
Board of directors of RGV Innovations Private Limited
RGV Innovations has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Bardiya | Director | 16 May 2014 | 12 Years 5 Months | Current |
| Rajendra Kumar Bardiya | Director | 16 May 2014 | 12 Years 5 Months | Current |
Peer comparison
RGV Innovations 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avakara Spaces Private Limited | ₹16.1 Cr (FY 2025) | 63.0% | Chennai, Tamil Nadu, India | |||
| G K S Properties Private Limited | ₹16.09 Cr (FY 2025) | 113.0% | Chetpet, Tamil Nadu, India | |||
| Reigate Builders Private Limited | ₹16.09 Cr (FY 2025) | 4.0% | Kozhikode, Kerala, India | |||
| RGV Innovations Private Limitedthis company | ₹16.08 Cr (FY 2025) | -₹3.88 Cr | -24.1% | -33.0% | 2 | Jaipur, Rajasthan, India |
| Casa Infratech Private Limited | ₹16.07 Cr (FY 2025) | 54.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of RGV Innovations Private Limited, buy the company report.
Auditor
RGV Innovations Private Limited is audited by SHAH SURENDRA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SURENDRA AND ASSOCIATES | FY 2023 | 004666C |
Shareholding
The shareholding of RGV Innovations 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 RGV Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2023 | 100773549 | Others | ₹5 Cr | Open | |
| 15 Apr 2021 | 100436518 | Others | ₹52 Cr | Open | |
| 05 Nov 2018 | 100215739 | Others | ₹30 Cr | Satisfied | |
| 13 Dec 2016 | 100070432 | Others | ₹10 Cr | Satisfied | |
| 10 Jul 2014 | 10520973 | Au Financiers (India) Limited | ₹39.75 Cr | Satisfied |
To see the full charge records of RGV Innovations Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
RGV Innovations Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Appeal | Filed against the company | Pending |
To see the full case history of RGV Innovations 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 RGV Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
RGV Innovations Private Limited has a workforce of 2 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
RGV Innovations has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCK0831P1Z9 | Rajasthan | Active | 01 Jul 2017 |
| 29AAFCK0831P1Z5 | Karnataka | Active | 26 Nov 2020 |
To see the full GST registrations and return filing status of RGV Innovations Private Limited, buy the company report.
Recent activity
RGV Innovations Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Gaurav Bardiya ceased to be Additional Director on 30 Sep 2014.
9 earlier events are in the company report.
Frequently asked questions
RGV Innovations is an active private limited company based in Jaipur, Rajasthan, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 February 2013 (13+ years old) and is registered under CIN U70101RJ2013PTC041555.
RGV Innovations has 2 current directors:
- Gaurav Bardiya - Director
- Rajendra Kumar Bardiya - Director
The latest financial statements of RGV Innovations 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 RGV Innovations is 08AAFCK0831P1Z9, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAFCK0831P1Z5 (Karnataka).
The CIN (Corporate Identification Number) of RGV Innovations is U70101RJ2013PTC041555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RGV Innovations has 1 court case on record: 1 filed against it. 1 is pending.
RGV Innovations was incorporated on 20 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of RGV Innovations by revenue are Avakara Spaces Private Limited, G K S Properties Private Limited, Reigate Builders Private Limited, Casa Infratech Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Gaurav Bardiya ceased to be Additional Director on 30 Sep 2014. Rajendra Kumar Bardiya ceased to be Additional Director on 30 Sep 2014. Anuj Badaya ceased to be Director on 07 Jul 2014. RGV Innovations has 8 board changes on record in total.
RGV Innovations can be reached through the website g1wonders.com. Its registered office is in Jaipur, Rajasthan, India.
The registered office of RGV Innovations is at 306 Gaurav Tower – I Malviya Nagar, Jaipur, Rajasthan, India – 302017.