Rigveda Properties Ltd
About Rigveda Properties Ltd
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Rigveda Properties Ltd is a public limited company based in Thane, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PLC078774.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26 Lakh. It was formerly known as Rigveda Properties P Ltd. It is led by directors including Premchand Sodhani and Jitharam Swami.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at C – 204 2nd Floor Vishal Apartment Taki Road Tulinj Nallasopara (E), Thane, Maharashtra, India – 401209.
As per the financials filed for FY 2018, the company reported a revenue of ₹37.51 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹37.62 Lakh (net margin -100.3%) and EBITDA of -₹36.39 Lakh (EBITDA margin -97%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years.
As per MCA filings, the company has satisfied charges of ₹2.91 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Rigveda Properties has one previous CIN (Corporate Identification Number): U45200MH1994PTC078774. The current CIN is U45200MH1994PLC078774, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1994PLC078774 | Current |
| U45200MH1994PTC078774 | Previous |
Contact details
Rigveda Properties Ltd's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 204 2nd Floor Vishal Apartment Taki Road Tulinj Nallasopara (E), Thane, Maharashtra, India – 401209
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rigveda Properties Ltd, 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
Financials of Rigveda Properties Ltd
FY 2018 filings availableRigveda Properties Ltd reported revenue of ₹37.51 Lakh (up 3% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 46%. EBITDA fell 541% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹37.51 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹36.39 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹37.62 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -97% | |||
| Net Profit Margin | -100.3% | |||
| 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 Rigveda Properties Ltd, buy the company report.
Board of directors of Rigveda Properties Ltd
Rigveda Properties has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premchand Sodhani Also directs: Duralloy Cutters Limited | Director | 15 Oct 2018 | 8 Years 0 Months | Current |
| Jitharam Swami Also directs: Duralloy Cutters Limited, Candy Filters (Bombay) Limited, Park Tools Limited and 5 more | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
| Basheer D Ahmed Also directs: Hemakuta Sugar & Allied Industries Limited, Duralloy Cutters Limited, Candy Filters (Bombay) Limited and 5 more | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Rigveda Properties Ltd is audited by VISHNU AGARWAL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNU AGARWAL & ASSOCIATES | FY 2018 | 134443W |
Shareholding
The shareholding of Rigveda Properties Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rigveda Properties Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2007 | 10061378 | Punjab & Sind Bank | ₹2.91 Cr | Satisfied |
To see the full charge records of Rigveda Properties Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Rigveda Properties Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rigveda Properties Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rigveda Properties has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Rigveda Properties Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rigveda Properties Ltd has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Basheer D Ahmed ceased to be Additional Director on 04 Feb 2019.
3 earlier events are in the company report.
Frequently asked questions
Rigveda Properties is an active public limited company based in Thane, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 June 1994 (32+ years old) and is registered under CIN U45200MH1994PLC078774.
Rigveda Properties has 3 current directors:
- Premchand Sodhani - Director
- Jitharam Swami - Director
- Basheer D Ahmed - Director
The latest financial statements of Rigveda Properties on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rigveda Properties is U45200MH1994PLC078774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rigveda Properties was incorporated on 06 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Basheer D Ahmed ceased to be Additional Director on 04 Feb 2019. Jitharam Swami ceased to be Additional Director on 04 Feb 2019. Premchand Sodhani ceased to be Additional Director on 04 Feb 2019. Rigveda Properties has 10 board changes on record in total.
The registered office of Rigveda Properties is at C – 204 2nd Floor Vishal Apartment Taki Road Tulinj Nallasopara E, Thane, Maharashtra, India – 401209.
Rigveda Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
Rigveda Properties has no open charges and satisfied charges of ₹2.91 Cr as per latest MCA filings.
The compliance status of Rigveda Properties is active non-compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
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