About Rikki Ronie Developers Private Limited
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Rikki Ronie Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45500MH2018PTC309043.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Ruvir Constructions Private Limited. It is led by directors including Premji Harakhachand Shah and Himmatlal Ganeshlal Kachhara.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No.1 6th Floor Shah Trade Center Rani Sati Marg Nr. W.E.Highway Malad (E), Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.74 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹23.25 Cr (net margin -300.2%) and EBITDA of -₹3.52 Cr (EBITDA margin -45.5%). Revenue has grown at a compounded annual rate (CAGR) of 806% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹117 Cr and satisfied charges of ₹220 Cr on record. Court records list 15 cases involving the company. The company has 2 deals on record (1 debt financing, 1 secondary share transfer), with disclosed funding of ₹132 Cr; the latest was in August 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website royalrealtorsgroup.in.
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- Website
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- Registered AddressOffice No.1 6th Floor Shah Trade Center Rani Sati Marg Nr. W.E.Highway Malad (E), Mumbai, Maharashtra, India – 400097
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Financials of Rikki Ronie Developers Private Limited FY 2024 filings available
Rikki Ronie Developers Private Limited reported revenue of ₹7.74 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rikki Ronie Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 6% growth in the latest year. EBITDA fell 167% 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 Rikki Ronie Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.25 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rikki Ronie Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -45.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -300.2% | •••• | •••• | •••• | •••• |
| 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 Rikki Ronie Developers are in the company report.
Financial statements from FY 2019
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.
Auditor Details of Rikki Ronie Developers Private Limited
Rikki Ronie Developers Private Limited is audited by J D Shah Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J D Shah Associates | 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 Rikki Ronie Developers Private Limited
Rikki Ronie Developers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premji Harakhachand Shah Also directs: Riona Lifescapes LLP, Samarpan Sky Height Private Limited, Royal Realtors Properties Private Limited and 5 more | Director | 07 May 2018 | 8 Years 5 Months | Current |
| Himmatlal Ganeshlal Kachhara Also directs: Nexus Infra Builders LLP, Riona Lifescapes LLP, Royal Divine Properties Private Limited and 5 more | Director | 07 May 2018 | 8 Years 5 Months | Current |
| Deven Premji Shah Also directs: Riona Lifescapes LLP, Samarpan Sky Height Private Limited, Royal Realtors Properties Private Limited and 5 more | Director | 07 May 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Rikki Ronie Developers 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 Rikki Ronie Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2022 | Others | ₹117 Cr | Open |
| 23 Jan 2020 | Idbi Trusteeship Services Limited | ₹140 Cr | Satisfied |
| 06 Aug 2018 | Others | ₹80 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Rikki Ronie Developers Private Limited
Rikki Ronie Developers Private Limited has 2 deals on record (1 debt financing, 1 secondary share transfer), with disclosed funding of ₹132 Cr; the latest was in August 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Debt financing | ₹132 Cr | Investors: Kautaliya Real Estate Fund, Reliance Yeild Maximiser Alternative Investment Fund III, Reliance Yeild Maximiser Alternative Investment Fund Scheme Ii |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Rikki Ronie Developers Private Limited
Rikki Ronie Developers Private Limited has 15 court cases on record: 15 where it is another party. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 0 | 0 |
Cases on record (1 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Company is another party | Disposed |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Rikki Ronie Developers Private Limited
Employment history and EPFO contributions of people linked to Rikki Ronie Developers.
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 Rikki Ronie Developers Private Limited
Director changes at Rikki Ronie Developers Private Limited
Rikki Ronie Developers Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Deven Premji Shah was appointed as Director on 07 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Rikki Ronie Developers 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 Rikki Ronie Developers 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 Rikki Ronie Developers 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 Rikki Ronie Developers 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 Rikki Ronie Developers 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 Rikki Ronie Developers Private Limited
Rikki Ronie Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 May 2018 (8+ years old) and is registered under CIN U45500MH2018PTC309043.
Rikki Ronie Developers reported revenue of ₹7.74 Cr for FY 2025 (up 6% YoY).
Rikki Ronie Developers has 3 current directors:
- Premji Harakhachand Shah - Director
- Himmatlal Ganeshlal Kachhara - Director
- Deven Premji Shah - Director
Rikki Ronie Developers reported a net loss of ₹23.25 Cr (net margin -300.2%) and EBITDA of -₹3.52 Cr (EBITDA margin -45.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rikki Ronie Developers is 806% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Rikki Ronie Developers is U45500MH2018PTC309043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rikki Ronie Developers has 15 court cases on record.
Rikki Ronie Developers was incorporated on 07 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Rikki Ronie Developers has 2 deals on record (1 debt financing, 1 secondary share transfer), with disclosed funding of ₹132 Cr; the latest was in August 2018.
Deven Premji Shah was appointed as Director on 07 May 2018. Himmatlal Ganeshlal Kachhara was appointed as Director on 07 May 2018. Premji Harakhachand Shah was appointed as Director on 07 May 2018.