Riconia Estates Private Limited
About Riconia Estates Private Limited
Data last updated:
Riconia Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Niwas Residential & Commercial Properties Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 03 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2007PTC174659.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Ketki Vidyasagar Gamare and Anuya Arun Murdeshwar.
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 Essar House 11 K.K Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.6 Lakh. For the same year it recorded a net loss of ₹5.14 Lakh (net margin -53.5%) and EBITDA of ₹3.97 Lakh (EBITDA margin 41.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 45% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressEssar House 11 K.K Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034
- 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 Riconia Estates Private Limited
The main business activity of Riconia Estates is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | 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 Riconia Estates Private Limited FY 2025 filings available
Riconia Estates Private Limited reported revenue of ₹9.6 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Riconia Estates Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years. EBITDA rose 101% 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 Riconia Estates Private Limited
| 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 | ₹3.97 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.14 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 Riconia Estates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -53.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Riconia Estates 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.
Board of Directors of Riconia Estates Private Limited
Riconia Estates has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketki Vidyasagar Gamare Also directs: Dwarka Farms Private Limited., Sangam Cultivators Private Limited., Mora Properties Private Limited and 5 more | Additional Director | 16 Nov 2024 | 1 Years 11 Months | Current |
| Anuya Arun Murdeshwar Also directs: Dwarka Farms Private Limited., Sangam Cultivators Private Limited., Mora Properties Private Limited and 5 more | Additional Director | 16 Nov 2024 | 1 Years 11 Months | Current |
Peer Comparison of Riconia Estates Private Limited
Riconia Estates Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers, 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 |
|---|---|---|---|---|---|---|
| Riconia Estates Private Limited this company | ₹9.6 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| SBG Projects (India ) Private Limited | ₹9.6 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Carva Infotech Private Limited | ₹9.6 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Navi Mumbai, Maharashtra, India |
| Modern Emporium Private Limited | ₹9.6 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Ask E Com Solutions Private Limited | ₹9.6 Lakh (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Antero Industries Private Limited | ₹9.6 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| DBM Property Bay Private Limited | ₹9.6 Lakh (FY 2025) | •••• | •••• | 155.0% | •••• | New Delhi, Delhi, India |
| Krishna United Private Limited | ₹9.6 Lakh (FY 2025) | •••• | •••• | •••• | Raipur, Chhattisgarh, India | |
| Namrata Enterprises Private Limited | ₹9.6 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Lesagses Real Estates Private Limited | ₹9.6 Lakh (FY 2020) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Agro Irrigations Pvt Ltd. | ₹9.59 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Riconia Estates by revenue in the Real Estate industry (Builders and Developers, 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 Riconia Estates Private Limited
Riconia Estates Private Limited is audited by A P RAJAGOPALAN & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A P RAJAGOPALAN & 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.
Ownership and Shareholding of Riconia Estates 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 Riconia Estates Private Limited
Riconia Estates Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Riconia Estates Private Limited
Employment history and EPFO contributions of people linked to Riconia Estates.
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 Riconia Estates Private Limited
Riconia Estates Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Anuya Arun Murdeshwar was appointed as Additional Director on 16 Nov 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Riconia Estates 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 Riconia Estates 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 Riconia Estates 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 Riconia Estates Private Limited
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 Riconia Estates 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 Riconia Estates Private Limited
Riconia Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 03 October 2007 (19+ years old) and is registered under CIN U70102MH2007PTC174659.
Riconia Estates reported revenue of ₹9.6 Lakh for FY 2025.
Riconia Estates has 2 current directors:
- Ketki Vidyasagar Gamare - Additional Director
- Anuya Arun Murdeshwar - Additional Director
Riconia Estates reported a net loss of ₹5.14 Lakh (net margin -53.5%) and EBITDA of ₹3.97 Lakh (EBITDA margin 41.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Riconia Estates is -21% over three years and 45% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Riconia Estates is U70102MH2007PTC174659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riconia Estates was incorporated on 03 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Riconia Estates by revenue are SBG Projects (India ) Private Limited, Carva Infotech Private Limited, Modern Emporium Private Limited, Ask E Com Solutions Private Limited, Antero Industries Private Limited and 5 more, all in the Real Estate industry (Builders and Developers, Real Estate Leasing).
Anuya Arun Murdeshwar was appointed as Additional Director on 16 Nov 2024. Ketki Vidyasagar Gamare was appointed as Additional Director on 16 Nov 2024. Kapil Purohit ceased to be Additional Director on 30 Dec 2020. Riconia Estates has 10 board changes on record in total.
The registered office of Riconia Estates is at Essar House 11 K.K Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034.
Riconia Estates has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh.