- Category
- Small (2022-23)
- Udyam number
- UDYAM-RJ-17-0002457

About Richwell Enterprises Private Limited
Data last updated:
Richwell Enterprises 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 03 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U70101RJ1998PTC014871. Its GSTIN is 08AABCR7095Q1ZI (Rajasthan).
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹37.48 Lakh. It is led by directors Kamal Sethia and Vivek Sethia.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 1 Western Heights S – 21 Shyam Nagar, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.45 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹10.96 Cr (net margin 12.7%) and EBITDA of ₹17.15 Cr (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 20% 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 ₹66.07 Cr and satisfied charges of ₹132.29 Cr on record. Court records list 19 cases involving the company, including 13 filed by the company and 6 filed against it; 1 case is pending.
Richwell Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0002457). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vardhmangroup.org.
Company details
Recognitions & Rankings of Richwell Enterprises
Contact details
Richwell Enterprises Private Limited's registered office is in Jaipur, Rajasthan. Its website is vardhmangroup.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 1 Western Heights S – 21 Shyam Nagar, Jaipur, Rajasthan, India – 302001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Richwell Enterprises 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 activity of Richwell Enterprises is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Richwell Enterprises Private Limited, buy the company report.
Financials of Richwell Enterprises Private Limited
FY 2024 filings availableRichwell Enterprises Private Limited reported revenue of ₹86.45 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 25% 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 | ₹17.15 Cr | ||||
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| Net Profit (PAT) | ₹10.96 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 19.8% | ||||
| Net Profit Margin | 12.7% | ||||
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To see the full financial statements and ratios of Richwell Enterprises Private Limited, buy the company report.
Board of directors of Richwell Enterprises Private Limited
Richwell Enterprises has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Sethia Also directs: Manglam Vardhman Developers LLP, Vardhman Newgen Education Academy LLP, Vardhman Education and Training Services LLP and 1 more | Director | 20 Jun 2000 | 26 Years 4 Months | Current |
| Vivek Sethia Also directs: Manglam Vardhman Developers LLP, Vardhman Newgen Education Academy LLP, Vardhman Education and Training Services LLP and 1 more | Director | 12 Aug 2006 | 20 Years 2 Months | Current |
Peer comparison
Richwell Enterprises 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 (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| The Manjri Stud Farm Private Limited | ₹86.7 Cr (FY 2025) | -23.0% | Mumbai, Maharashtra, India | |||
| Tanmathra Aquarelle Developers Private Limited | ₹86.57 Cr (FY 2024) | -16.0% | Bengaluru, Karnataka, India | |||
| Reliance Progressive Traders Private Limited | ₹86.5 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Richwell Enterprises Private Limitedthis company | ₹86.45 Cr (FY 2025) | ₹10.96 Cr | 12.7% | -1.0% | 3 | Jaipur, Rajasthan, India |
| T and T Infrazone Private Limited | ₹86.44 Cr (FY 2025) | 7.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Richwell Enterprises Private Limited, buy the company report.
Auditor
Richwell Enterprises Private Limited is audited by S.R. GOYAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. GOYAL & CO. | FY 2023 | 001537C |
Shareholding
The shareholding of Richwell Enterprises 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 Richwell Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2025 | 101075304 | Others | ₹10 Cr | Open | |
| 19 Mar 2025 | 101075300 | Others | ₹45 Cr | Open | |
| 26 Feb 2022 | 100548787 | Others | ₹3.22 Cr | Open | |
| 09 Sep 2015 | 10594224 | Axis Bank Limited | ₹7.85 Cr | Open | |
| 05 Mar 2020 | 100334168 | Others | ₹9 Cr | Satisfied |
To see the full charge records of Richwell Enterprises Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Richwell Enterprises Private Limited has 19 court cases on record: 13 filed by Richwell Enterprises, 6 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 2 | 1 |
| District courts | 7 | 4 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by Jaipur Realmart P Ltd. | Disposed |
| District court, Jaipur Metro II, Rajasthan | Civil suit | Filed against the company by Jaipur Realmart P Ltd. | Disposed |
| High Court | Court case (CFA) | Filed by the company against individuals | Pending |
| High Court of Rajasthan | Appeal | Filed by the company against Jaipur Realmart (P) Ltd. | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Richwell Enterprises 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.
Credit ratings & regulatory alerts
Richwell Enterprises Private Limited was last rated by Icra on 10 May 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 10 May 2018 |
To see the full credit ratings and regulatory alerts of Richwell Enterprises Private Limited, buy the company report.
MSME payment delays
Richwell Enterprises Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ece Industries Limited | |||
| Ece Industries Limited |
To see the full MSME payment records of Richwell Enterprises Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Richwell Enterprises Private Limited has a workforce of 3 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Richwell Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCR7095Q1ZI | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Richwell Enterprises Private Limited, buy the company report.
Recent activity
Richwell Enterprises Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Kalpana Sethia ceased to be Director on 03 Aug 2017.
24 earlier events are in the company report.
Frequently asked questions
Richwell Enterprises 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 03 June 1998 (28+ years old) and is registered under CIN U70101RJ1998PTC014871.
Richwell Enterprises has 2 current directors:
- Kamal Sethia - Director
- Vivek Sethia - Director
The latest financial statements of Richwell Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Richwell Enterprises is 08AABCR7095Q1ZI, registered in Rajasthan.
The CIN (Corporate Identification Number) of Richwell Enterprises is U70101RJ1998PTC014871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richwell Enterprises has 19 court cases on record: 13 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Richwell Enterprises was incorporated on 03 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Richwell Enterprises by revenue are The Manjri Stud Farm Private Limited, Tanmathra Aquarelle Developers Private Limited, Reliance Progressive Traders Private Limited, T and T Infrazone Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Kalpana Sethia ceased to be Director on 03 Aug 2017. Namrata Sethia ceased to be Director on 29 Sep 2016. Vivek Sethia was appointed as Director on 12 Aug 2006. Richwell Enterprises has 4 board changes on record in total.
Yes, Richwell Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-17-0002457).
Richwell Enterprises has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Richwell Enterprises can be reached through the website vardhmangroup.org. Its registered office is in Jaipur, Rajasthan, India.