Richa Properties Private Limited
About Richa Properties Private Limited
Data last updated:
Richa Properties Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 18 May 1995.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1995PTC071573. Its GSTIN is 19AACCA5551H1ZP (West Bengal). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It was formerly known as Akshara Constructions Pvt.Ltd. It was led by directors Kanhaiyalal Didwania and Suman Jalan.
Its last annual general meeting (AGM) was held on 04 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Room No. 303 Om Tower 32 Jawahar Lal Nehru Road, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2024, the company reported a revenue of ₹76.06 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹42.43 Lakh (net margin 55.8%) and EBITDA of ₹53.01 Lakh (EBITDA margin 69.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 64% over five years.
As per MCA filings, the company had open charges of ₹1,428.48 Cr and satisfied charges of ₹3,041.41 Cr on record.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressRoom No. 303 Om Tower 32 Jawahar Lal Nehru Road, Kolkata, West Bengal, India – 700071
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Richa Properties Private Limited
The main business activity of Richa Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Richa Properties Private Limited FY 2024 filings available
Richa Properties Private Limited reported revenue of ₹76.06 Lakh (down 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Richa Properties Private Limited
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 64%. EBITDA fell 52% 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 of Richa Properties Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹53.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹42.43 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 of Richa Properties Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 55.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Richa Properties are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Richa Properties Private Limited
Richa Properties Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prince Builders Private Limited | ₹76.18 Lakh (FY 2024) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Dev's Electronics Private Limited | ₹76.16 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Thiruvnmiyure, Tamil Nadu, India |
| LGR Leasing Private Limited | ₹76.12 Lakh (FY 2025) | •••• | •••• | 25703.0% | •••• | Delhi, India |
| Versatile Impex Private Limited | ₹76.09 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Blue Bell Parks Private Limited | ₹76.09 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Ponneri, Tamil Nadu, India |
| Richa Properties Private Limited this company | ₹76.06 Lakh (FY 2024) | •••• | •••• | -38.0% | •••• | Kolkata, West Bengal, India |
| Santosh Plastic Private Limited | ₹76.04 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| SST Developers Private Limited | ₹76.04 Lakh (FY 2025) | •••• | •••• | 83.0% | •••• | New Delhi, Delhi, India |
| Dr. D. Y. Patil Infra Foundation | ₹76.04 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Shradha Technopack Private Limited | ₹76.02 Lakh (FY 2020) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Texsol Enterprises Private Limited | ₹76.02 Lakh (FY 2023) | •••• | •••• | -69.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Richa Properties by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Richa Properties Private Limited
Richa Properties Private Limited is audited by B. N. Agrawal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. N. Agrawal & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Richa Properties Private Limited
Richa Properties has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanhaiyalal Didwania Also directs: Unnati Dealmark Private Limited, Riverview Tie-Up Private Limited, Keystar Dealers Private Limited and 5 more | Director | 09 Apr 2019 | 7 Years 6 Months | As last reported |
| Suman Jalan Also directs: Thermic Steel Co Pvt Ltd, Tassel Commotrade Private Limited, Arohi Tie-Up Private Limited and 5 more | Director | 01 Dec 2007 | 18 Years 10 Months | As last reported |
Ownership and Shareholding of Richa Properties Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Richa Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2023 | Indian Bank | ₹162.1 Cr | Satisfied |
| 28 Jul 2023 | State Bank of India | ₹486 Cr | Satisfied |
| 15 Feb 2023 | State Bank of India | ₹366 Cr | Satisfied |
| 05 Apr 2022 | Others | ₹110 Cr | Satisfied |
| 12 Jun 2019 | State Bank of India | ₹329.69 Cr | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Richa Properties Private Limited
Employment history and EPFO contributions of people linked to Richa Properties.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Richa Properties Private Limited
Richa Properties Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Kanhaiyalal Didwania ceased to be Additional Director on 31 Aug 2019.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Richa Properties Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Richa Properties Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Richa Properties Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Richa Properties Private Limited
Richa Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA5551H1ZP | West Bengal | Active | 14 Oct 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Richa Properties Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Richa Properties Private Limited
Richa Properties has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Richa Properties was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 18 May 1995 and is registered under CIN U51909WB1995PTC071573. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Richa Properties was incorporated on 18 May 1995. It is registered with the Registrar of Companies, Kolkata.
Richa Properties had 2 directors:
- Kanhaiyalal Didwania - Director
- Suman Jalan - Director
The CIN (Corporate Identification Number) of Richa Properties is U51909WB1995PTC071573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Richa Properties is at Room No. 303 Om Tower 32 Jawahar Lal Nehru Road, Kolkata, West Bengal, India – 700071.
Richa Properties reported revenue of ₹76.06 Lakh for FY 2024 (down 38% YoY).
Richa Properties has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr.
Richa Properties reported a net profit of ₹42.43 Lakh (net margin 55.8%) and EBITDA of ₹53.01 Lakh (EBITDA margin 69.7%) for FY 2024, as per its filed financial statements.
The GSTIN of Richa Properties is 19AACCA5551H1ZP, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Richa Properties operated in the financial services industry, in the real estate financing segment.