MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-50-0024154
Rishita Developers Private Limited - real estate and construction in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹190.87 Cr
▲ 59% YoY
Net profit · FY 2023
₹10.09 Cr
Net margin 5.3%
EBITDA · FY 2023
₹18.88 Cr
EBITDA margin 9.9%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹4.34 Cr
Issued & subscribed
Open charges
₹478.93 Cr
Satisfied ₹317.37 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
70
Provident fund records
About Rishita Developers Private Limited
Data last updated:
Rishita Developers Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U45201UP2008PTC035945. Its GSTIN is 09AAECR1191G1ZD (Uttar Pradesh).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹4.34 Cr. It is led by directors Lavee Agrawal and Sudhir Kumar Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at First Floor Coronation Anand Tower 116 – 117 Vibhuti Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
As per the financials filed for FY 2023, the company reported a revenue of ₹190.87 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹10.09 Cr (net margin 5.3%) and EBITDA of ₹18.88 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over five years.
The company has about 70 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Rishita Developers. As per MCA filings, the company has open charges of ₹478.93 Cr and satisfied charges of ₹317.37 Cr on record. Court records list 16 cases involving the company, including 2 filed by the company and 14 filed against it; 8 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in March 2015. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 3 smaller; the largest is Infinity Infotech Parks Limited with revenue of ₹191.16 Cr.
Rishita Developers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0024154). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rishita.in.
Company details
CIN U45201UP2008PTC035945
Registration Number 035945
Incorporation Date 02 September 2008
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-50-0024154
Recognitions & Rankings of Rishita Developers
Contact details
Rishita Developers Private Limited's registered office is in Lucknow, Uttar Pradesh. Its website is rishita.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst Floor Coronation Anand Tower 116 – 117 Vibhuti Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rishita Developers Private Limited, buy the company report.
Comprehensive company report
Rishita Developers Private Limited - one report that includes everything
- 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
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Brands
Rishita Developers operates one associated brand: Rishita Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development specializing in residential apartments and villas in Lucknow. | rishita.in |
Business activity
The main business activity of Rishita Developers 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 Rishita Developers Private Limited, buy the company report.
Financials of Rishita Developers Private Limited
FY 2024 filings availableRishita Developers Private Limited reported revenue of ₹190.87 Cr (up 59% YoY) for FY 2023.
Revenue · FY 2023
₹190.87 Cr ▲ 59%
Net profit · FY 2023
₹10.09 Cr margin 5.3%
EBITDA · FY 2023
₹18.88 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 59%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 6%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 59% growth in the latest year. EBITDA rose 42% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹190.87 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.09 Cr | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 5.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Rishita Developers Private Limited, buy the company report.
Board of directors of Rishita Developers Private Limited
Rishita Developers has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lavee Agrawal | Director | 02 Sep 2008 | 18 Years 1 Months | Current |
| Sudhir Kumar Agarwal | Director | 02 Sep 2008 | 18 Years 1 Months | Current |
Peer comparison
Rishita Developers Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Infinity Infotech Parks Limited | ₹191.16 Cr (FY 2025) | -26.0% | Kolkata, West Bengal, India | |||
| Parmeka Private Limited | ₹191.02 Cr (FY 2016) | Mumbai, Maharashtra, India | ||||
| Rishita Developers Private Limitedthis company | ₹190.87 Cr (FY 2023) | ₹10.09 Cr | 5.3% | 59.0% | 70 | Lucknow, Uttar Pradesh, India |
| Shoden Developers Private Limited | ₹190.49 Cr (FY 2025) | -65.0% | Mumbai, Maharashtra, India | |||
| Akshaya Private Limited | ₹190.46 Cr (FY 2025) | 106.0% | Chennai, Tamil Nadu, India | |||
| Nirmal Lifestyle Holding Private Limited | ₹189.11 Cr (FY 2016) | -27.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Rishita Developers Private Limited, buy the company report.
Auditor
Rishita Developers Private Limited is audited by Rajeev Aron & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajeev Aron & Associates | FY 2023 | 003314C |
Shareholding
The shareholding of Rishita Developers 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 Rishita Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹478.93 Cr
Satisfied charges
₹317.37 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2025 | 101215163 | Others | ₹35 Cr | Open | |
| 04 Nov 2025 | 101202398 | Indian Bank | ₹45 Cr | Open | |
| 26 Sep 2025 | 101170515 | Others | ₹26.5 Cr | Open | |
| 03 Feb 2025 | 101048336 | Others | ₹15 Cr | Open | |
| 16 Jul 2024 | 100960941 | Others | ₹90 Cr | Open |
To see the full charge records of Rishita Developers Private Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Rishita Developers Private Limited has 1 deal on record (1 rights issue); the latest was in March 2015.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹4.33 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rishita Developers Private Limited has 16 court cases on record: 2 filed by Rishita Developers, 14 filed against it. 8 cases are pending and 8 are disposed.
Total cases
16
Filed by the company
2
Filed against the company
14
Pending
8
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 7 | 6 |
| High courts | 7 | 7 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
| Allahabad High Court | Court case (RERA) | Filed against the company by an individual | Pending |
| Allahabad High Court | Writ petition | Filed against the company | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by U.P. Pollution Control Board THR. Ashutosh Pandey | Pending |
| Allahabad High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Rishita Developers 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 Rishita Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rishita Developers has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
5
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Crest Infracon Private Limited | U45208DL2012PTC242552 | |
| Rishita Bhawan Nirman Private Limited | U45402UP2017PTC094960 | |
| Avenueera Infrabuild Private Limited | U45500UP2017PTC089615 | |
| Crest Realcon Private Limited | U70101DL2012PTC242787 | |
| Crest Realinfra Private Limited | U70200DL2010PTC209914 |
To see the full group structure of Rishita Developers Private Limited, buy the company report.
Employees & EPFO
Rishita Developers Private Limited has a workforce of 70 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
70
Active EPFO establishments
1
Employee growth
-1.41%
GST
Rishita Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECR1191G1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rishita Developers Private Limited, buy the company report.
Recent activity
Rishita Developers Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Lavee Agrawal was appointed as Director on 02 Sep 2008.
Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 101215163 was registered on 22 Dec 2025.
Charges
A charge with Indian Bank amounted to Rs. 45.00 Cr with Charge ID 101202398 was registered on 04 Nov 2025.
Charges
A charge with Others amounted to Rs. 26.50 Cr with Charge ID 101170515 was registered on 26 Sep 2025.
Charges
A charge registered on 17 Nov 2022 via Charge ID 100657355 with Others was fully satisfied on 23 Jun 2025.
Charges
A charge registered on 10 Aug 2018 via Charge ID 100203548 with Syndicate Bank was fully satisfied on 29 Apr 2025.
Charges
A charge registered on 01 Oct 2020 via Charge ID 100381423 with Others was fully satisfied on 19 Apr 2025.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101048336 was registered on 03 Feb 2025.
Charges
A charge with Others of Rs. 49.00 Cr registered on 27 Feb 2021 with Charge ID 100425711 was modified on 26 Nov 2024.
AGM
Rishita Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 90.00 Cr registered on 16 Jul 2024 with Charge ID 100960941 was modified on 26 Jul 2024.
Charges
A charge with Others amounted to Rs. 90.00 Cr with Charge ID 100960941 was registered on 16 Jul 2024.
Charges
A charge registered on 27 May 2022 via Charge ID 100583788 with Others was fully satisfied on 12 Jun 2024.
55 earlier events are in the company report.
Frequently asked questions
Rishita Developers is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 September 2008 (18+ years old) and is registered under CIN U45201UP2008PTC035945.
Rishita Developers has 2 current directors:
- Lavee Agrawal - Director
- Sudhir Kumar Agarwal - Director
The latest financial statements of Rishita Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rishita Developers is 09AAECR1191G1ZD, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Rishita Developers is U45201UP2008PTC035945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishita Developers has 16 court cases on record: 2 filed by the company and 14 filed against it. 8 are pending. Most are in the district courts.
Rishita Developers was incorporated on 02 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Rishita Developers has 1 deal on record (1 rights issue); the latest was in March 2015.
The peers of Rishita Developers by revenue are Infinity Infotech Parks Limited, Parmeka Private Limited, Shoden Developers Private Limited, Akshaya Private Limited, Nirmal Lifestyle Holding 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).
Lavee Agrawal was appointed as Director on 02 Sep 2008. Sudhir Kumar Agarwal was appointed as Director on 02 Sep 2008.
Yes, Rishita Developers is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-50-0024154).