Rite Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Mumbai, Maharashtra, India, established in 2002.
2002 Mumbai, Maharashtra, India Under Liquidation
Last Updated:
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About Rite Developers Private Limited

Rite Developers Private Limited, a under liquidation private limited company, was established on 01 February 2002 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U45201MH2002PTC134760. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.60 Cr and a paid-up capital of ₹1.07 Cr.

It upholds a compliant status. Employing 1 professional, Its leadership includes Pratik Shantilal Jiyani (Director), Nilesh Rajendra Kothari (Irp/Rp/Liquidator), Chandrashekhar Balaji Parte (Additional Director). Past directors included Chandravadan Jaganbhai Surti, Devendra Rameshbhai Sagar, Neha Sameer Dadia. It holds no open charges and ₹24.02 Cr settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at Shop No 27, 1St Floor, Rite Bliss Kandivali Dattatray Chsl, Dhanukarwadi,, Kandivali, Mumbai, Maharashtra, 400067.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45201MH2002PTC134760

  • Registration Number

    134760

  • Incorporation Date

    01 February 2002

  • Authorized Capital

    ₹1.60 Cr

  • Paid-Up Capital

    ₹1.07 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.07 Cr
  • Company Age 24 Year, 25 Days
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 24.02 Cr
  • Revenue Growth **** 25.99%
  • Profit Growth **** -2.90%
  • Ebitda **** -158.46%
  • Net Worth 6.85%
  • Total Assets **** 38.02%
Company report

Rite Developers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Rite Developers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rite Developers Private Limited?
Current Directors
Name Designation Appointment Date Status
Pratik Shantilal Jiyani Director 30 Nov 2020 Current
Nilesh Rajendra Kothari Irp/Rp/Liquidator 31 May 2024 Current
Chandrashekhar Balaji Parte Additional Director 01 Nov 2022 Current
Amit Vijay Karia Irp/Rp/Liquidator 28 Sep 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Jun 2015 Past
Pramod Abcsdd Additional Director 01 Nov 2022 Past
Pramod Abcsdd Director 10 Jan 2019 Past
Pramod Abcsdd Director 12 Jun 2017 Past
Pramod Abcsdd Director 15 Jan 2017 Past
Pramod Abcsdd Director 25 Oct 2022 Past

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Financial Performance of Rite Developers.

Rite Developers Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 25.99% increase. The company also saw a slight decrease in profitability, with a 2.9% decrease in profit. The company's net worth moved up by a moderate rise of 6.85%.

Rite Developers revenue growth over time
Rite Developers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 25.99%
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Revenue from Operations
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 149.03%
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*******
Total Assets
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 38.02%
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*******
*******
Profit or Loss
*******
 -2.90%
*******
*******
*******
*******
Net Worth
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 6.85%
*******
*******
*******
*******
EBITDA
*******
 -158.46%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Rite Developers?

In 2019, Rite Developers had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹240,150,000.00

Charges Breakdown by Lending Institutions
  • Edelweiss Housing Finance Limited : 8.50 Cr
  • Others : 6.46 Cr
  • Indiabulls Housing Finance Limited : 5.00 Cr
  • Janaseva Sahakari Bank (Borivli) Ltd. : 1.00 Cr
  • Janaseva Sahakari Bank( Borivli) Ltd. : 0.95 Cr
  • Others : 2.11 Cr
Latest Charge Details
Date Lender Amount Status
14 Sep 2016 Others ₹5.02 Cr Satisfied
31 Dec 2015 Edelweiss Housing Finance Limited ₹8.50 Cr Satisfied
30 Nov 2015 Janaseva Sahakari Bank (Borvli) Ltd ₹5.00 M Satisfied
09 Oct 2015 Indiabulls Housing Finance Limited ₹5.00 Cr Satisfied
12 Feb 2015 Janaseva Sahakari Bank( Borivli) Ltd. ₹9.50 M Satisfied

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How Many Employees Work at Rite Developers?

Rite Developers has a workforce of 1 employees as of Sep 02, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rite Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rite Developers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Rite Developers
Recent Activity within the Organization
  • Director Appointment

    Progress on Nilesh Rajendra Kothari was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 31 May 2024 & has been associated with this company since 1 year 8 months . was documented.

  • Director Appointment

    Progress on Amit Vijay Karia was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 28 Sep 2023 & has been associated with this company since 2 years 5 months . was documented.

  • Director Appointment

    Chandrashekhar Balaji Parte was appointed as a Additional Director was appointed as a Additional Director on 01 Nov 2022 & has been associated with this company since 3 years 3 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 30 Nov 2015 via Charge ID 10615185 with Janaseva Sahakari Bank (Borvli) Ltd was fully satisfied on 16 Jun 2021. was documented.

  • Charges

    The activity A charge registered on 12 Feb 2015 via Charge ID 10566659 with Janaseva Sahakari Bank( Borivli) Ltd. was fully satisfied on 16 Jun 2021. was completed.

  • Charges

    Progress on A charge registered on 01 Feb 2014 via Charge ID 10501942 with Others was fully satisfied on 16 Jun 2021. was documented.

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Frequently Asked Questions
What is the CIN of Rite Developers Private Limited?

The CIN of Rite Developers Private Limited is U45201MH2002PTC134760.

Where is Rite Developers Private Limited headquartered?

Rite Developers Private Limited is headquartered at Shop No 27, 1St Floor, Rite Bliss Kandivali Dattatray Chsl, Dhanukarwadi,, Kandivali, Mumbai, Maharashtra, 400067.

When was Rite Developers Private Limited incorporated?

Rite Developers Private Limited was incorporated on 01 February 2002.

Who are the current directors of Rite Developers Private Limited?

The current directors of Rite Developers Private Limited are

What is the primary industry of Rite Developers Private Limited?

The primary industry of Rite Developers Private Limited is Construction.

Is Rite Developers Private Limited a listed company?

Rite Developers Private Limited is unlisted.

What is the capital structure of Rite Developers Private Limited?

The authorized capital of Rite Developers Private Limited is ₹1.60 Cr, and the paid-up capital is ₹1.07 Cr.

What is the compliance status of Rite Developers Private Limited?

The compliance status of Rite Developers Private Limited is Compliant.

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