About Rite Developers Private Limited
Data last updated: 02 September 2025
Rite Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 01 February 2002, the company has been in operation for over 24 years.
Registered with ROC Mumbai under CIN U45201MH2002PTC134760.
Capital: an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors including Pratik Shantilal Jiyani and Nilesh Rajendra Kothari.
Last AGM: 30 September 2019. Financial statements filed for year ended 31 March 2019. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹34.99 Cr, a growth of 26% compared to the previous year.
The company has a workforce of approximately 1 employees as per the latest available data. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹24.02 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is rite.in.
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Registered AddressShop No 27 1St Floor Rite Bliss Kandivali Dattatray Chsl Dhanukarwadi, Kandivali, Mumbai, Maharashtra, India – 400067
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Rite Developers Private Limited
Rite Developers Private Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details for Rite Developers Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Rite Developers Private Limited
Rite Developers Private Limited is audited by C.S MEHTA & CO for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C.S MEHTA & CO | Locked | Locked | Locked |
Complete auditor history for Rite Developers Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Rite Developers Private Limited
Rite Developers Private Limited is currently managed by 4 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Shantilal Jiyani | Director | 30 Nov 2020 | 5 Years 8 Months | As last reported |
| Nilesh Rajendra Kothari | Irp/Rp/Liquidator | 31 May 2024 | 2 Years 2 Months | As last reported |
| Chandrashekhar Balaji Parte | Additional Director | 01 Nov 2022 | 3 Years 9 Months | As last reported |
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Amit Vijay Karia
Also directs:
Incorp Restructuring Services Llp, Organic Recycling Systems Limited, Solapur Bioenergy Systems Private Limited and 1 more
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Irp/Rp/Liquidator | 28 Sep 2023 | 2 Years 10 Months | As last reported |
Financials of Rite Developers Private Limited FY 2019 filings available
Rite Developers Private Limited reported revenue of ₹34.99 Cr (up 26.00% YoY) for FY 2019.
Ten-year financial statements for Rite Developers Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Rite Developers Private Limited
Shareholding and ownership data for Rite Developers Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Rite Developers Private Limited
Rite Developers Private Limited has 3 subsidiary companies. This group structure data is as of FY 2019. The corporate group structure reflects Rite Developers Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Rite Yashodanand Realtors Private Limited | U27320MH2008PTC182978 | Locked |
| Rite Builtec Private Limited | U45100MH2004PTC162319 | Locked |
| Rite Yashodanand Buildcon Private Limited | U45100MH2009PTC197853 | Locked |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Rite Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Sep 2016 | Others | ₹5.02 Cr | Satisfied |
| 31 Dec 2015 | Edelweiss Housing Finance Limited | ₹8.5 Cr | Satisfied |
| 30 Nov 2015 | Janaseva Sahakari Bank (Borvli) Ltd | ₹50 Lakh | Satisfied |
| 09 Oct 2015 | Indiabulls Housing Finance Limited | ₹5 Cr | Satisfied |
| 12 Feb 2015 | Janaseva Sahakari Bank( Borivli) Ltd. | ₹95 Lakh | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Rite Developers Private Limited
Rite Developers Private Limited has a workforce of 1 employees as of Sep 02, 2025.
Employee and EPFO history for Rite Developers Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
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GST Compliance of Rite Developers Private Limited
GST registrations and filing compliance for Rite Developers Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Rite Developers Private Limited
Credit ratings, litigation, and regulatory alerts for Rite Developers Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Rite Developers Private Limited
MSME payment history for Rite Developers Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Rite Developers Private Limited
Corporate group structure for Rite Developers Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Rite Developers Private Limited
MCA filings and documents for Rite Developers Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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Recent Activity on Rite Developers Private Limited
Frequently Asked Questions about Rite Developers Private Limited
Rite Developers Private Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Rite Developers Private Limited is a company under liquidation, formerly operating as a private limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 01 February 2002 and is registered under CIN U45201MH2002PTC134760. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rite Developers Private Limited reported revenue of ₹34.99 Cr for FY 2019 (up 26.00% YoY).
The current directors of Rite Developers Private Limited are:
- Pratik Shantilal Jiyani - Director
- Nilesh Rajendra Kothari - Irp/Rp/Liquidator
- Chandrashekhar Balaji Parte - Additional Director
- Amit Vijay Karia - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Rite Developers Private Limited is U45201MH2002PTC134760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rite Developers Private Limited has no open charges and satisfied charges of ₹24.02 Cr as per latest MCA filings.