Right Choice Builders Private Limited
About Right Choice Builders Private Limited
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Right Choice Builders Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2011PTC139023. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Shanu Syed Abdul and Rahul Rajan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at S.No.263/2 Marunji Road Nr.Muktai Nagar Hinjawadi, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2020, the company reported a revenue of ₹20.93 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹4.29 Lakh (net margin -20.5%) and EBITDA of ₹7.26 Lakh (EBITDA margin 34.7%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 47% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Eateasyfnb. As per MCA filings, the company has open charges of ₹65.19 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Right Choice Builders Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.No.263/2 Marunji Road Nr.Muktai Nagar Hinjawadi, Pune, Maharashtra, India – 411057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Right Choice Builders 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
Brands
Right Choice Builders operates one associated brand: Eateasyfnb. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Food and beverage services are provided by Eateasyfnb in India. | eateasyfnb.com |
Business activity
The main business activity of Right Choice Builders 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 Right Choice Builders Private Limited, buy the company report.
Financials of Right Choice Builders Private Limited
FY 2020 filings availableRight Choice Builders Private Limited reported revenue of ₹20.93 Lakh (down 98% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 98% fall in the latest year. EBITDA rose 103% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.93 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.29 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.7% | ||||
| Net Profit Margin | -20.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Right Choice Builders Private Limited, buy the company report.
Board of directors of Right Choice Builders Private Limited
Right Choice Builders 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 |
|---|---|---|---|---|
| Shanu Syed Abdul Also directs: Escapade Properties LLP | Director | 29 Mar 2011 | 15 Years 6 Months | Current |
| Rahul Rajan Also directs: Kimaya Right Choice Builders LLP | Director | 26 May 2011 | 15 Years 4 Months | Current |
Auditor
Right Choice Builders Private Limited is audited by A B DAHOTRE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B DAHOTRE & CO | FY 2020 | 102002W |
Shareholding
The shareholding of Right Choice Builders Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Right Choice Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2013 | 10445893 | The Saraswat Co-Operative Bank Limited | ₹43 Lakh | Open | |
| 25 Sep 2012 | 10380493 | The Saraswat Co-Operative Bank Limited | ₹22.19 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Right Choice Builders Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by BMW India Financial Services Private Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, South, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| District court, North, Delhi | Arbitration matter | Filed against the company by BMW Ind. Financial Services Pvt. Ltd. | Disposed |
To see the full case history of Right Choice Builders 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 Right Choice Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Right Choice Builders Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Right Choice Builders has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Right Choice Builders Private Limited, buy the company report.
Recent activity
Right Choice Builders Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Abdul Vajid Aboobacker Poothrodi ceased to be Director on 19 May 2019.
Frequently asked questions
Right Choice Builders is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 March 2011 (15+ years old) and is registered under CIN U45200PN2011PTC139023.
Right Choice Builders has 2 current directors:
- Shanu Syed Abdul - Director
- Rahul Rajan - Director
The latest financial statements of Right Choice Builders on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Right Choice Builders has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Right Choice Builders is U45200PN2011PTC139023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Right Choice Builders has 6 court cases on record: 6 filed against it. 2 are pending.
Right Choice Builders was incorporated on 29 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Abdul Vajid Aboobacker Poothrodi ceased to be Director on 19 May 2019. Ahammed Naseerudeen Muhamed Haneefa Syed Abdul ceased to be Director on 25 Apr 2019. Rahul Rajan was appointed as Director on 26 May 2011. Right Choice Builders has 4 board changes on record in total.
The registered office of Right Choice Builders is at S.No.2632 Marunji Road Nr.Muktai Nagar Hinjawadi, Pune, Maharashtra, India – 411057.
Right Choice Builders operates in the real estate and construction industry, in the real estate builders and developers segment.