Ritesh Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Goa, Goa, India, established in 2004.
2004 Goa, Goa, India Active
Last Updated:
Access Report
About Ritesh Developers Private Limited

Ritesh Developers Private Limited, a active private limited company, was established on 31 August 2004 in Goa, Goa, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U31200GA2004PTC003588. Registered under ROC Roc Goa. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹6.55 M.

It upholds a compliant status. Employing 10 professional, Its leadership includes Rajesh Shivdas Verenkar (Director), Mrs Deepa Rajesh Verenkar (Managing Director), Sarthak Rajesh Shet Verenkar (Additional Director). Past directors included Rajesh Shivdas Verenkar, Mr Ritesh Shivdas Verenkar, Mrs Deepa Rajesh Verenkar. It holds ₹2.18 Cr open charges and ₹11.13 Cr settled loans. Its latest AGM occurred on 30 November 2024, with the balance sheet filed on 31 March 2024. It is based at H No 4/148/63Near Rajiv Gandhi Kala Mandir Bethora Road Ponda, Goa, Goa, 403401.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U31200GA2004PTC003588

  • Registration Number

    003588

  • Incorporation Date

    31 August 2004

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹6.55 M

  • ROC Code

    Roc Goa

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.55 M
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.18 Cr
  • Satisfied Charges ₹ 11.13 Cr
  • Revenue Growth **** -49.65%
  • Profit Growth **** -43.29%
  • Ebitda **** -36.15%
  • Net Worth 3.27%
  • Total Assets -14.17%
Company report

Ritesh Developers Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Ritesh 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.

Access Report
Who are the key members and board of directors at Ritesh Developers Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajesh Shivdas Verenkar Director 22 May 2022 Current
Mrs Deepa Rajesh Verenkar Managing Director 01 Apr 2005 Current
Sarthak Rajesh Shet Verenkar Additional Director 10 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 23 Sep 2016 Past
Pramod Abcsdd Director 31 Jan 2008 Past
Pramod Abcsdd Whole-Time Director 30 Sep 2016 Past
Pramod Abcsdd Additional Director 30 Sep 2018 Past
Pramod Abcsdd Director 16 Jul 2018 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Ritesh Developers.

Ritesh Developers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 49.65% decrease. The company also saw a substantial fall in profitability, with a 43.29% decrease in profit. The company's net worth moved up by a moderate rise of 3.27%.

Ritesh Developers revenue growth over time
Ritesh 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
********
 -49.65%
*******
*******
*******
*******
Revenue from Operations
*******
 -49.73%
*******
*******
*******
*******
Total Assets
*******
 -14.17%
*******
*******
*******
*******
Profit or Loss
*******
 -43.29%
*******
*******
*******
*******
Net Worth
*******
 3.27%
*******
*******
*******
*******
EBITDA
*******
 -36.15%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Ritesh Developers?

In 2022, Ritesh Developers had a promoter holding of 100.00%. 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹21,782,610.00

Satisfied Charges

₹111,254,551.00

Charges Breakdown by Lending Institutions
  • Yes Bank Limited : 0.65 Cr
  • Others : 0.64 Cr
  • Kotak Mahindra Bank Limited : 0.51 Cr
  • Centurion Bank Of Punjab Limited : 0.15 Cr
  • Hdfc Bank Limited : 0.10 Cr
  • Others : 0.13 Cr
Latest Charge Details
Date Lender Amount Status
29 Mar 2024 Others ₹6.40 M Open
28 Feb 2019 Yes Bank Limited ₹6.50 M Open
03 Nov 2010 Hdfc Bank Limited ₹1.00 M Open
14 Dec 2009 Kotak Mahindra Bank Limited ₹5.11 M Open
13 Feb 2007 Centurion Bank Of Punjab Limited ₹0.71 M Open

Explore comprehensive loan charge details -

How Many Employees Work at Ritesh Developers?

Ritesh Developers has a workforce of 10 employees as of Mar 30, 2024. 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 Ritesh 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 Ritesh 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.

Explore deal ratings and alerts - Get instant access now!

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

    The activity Sarthak Rajesh Shet Verenkar was appointed as a Additional Director was appointed as a Additional Director on 10 Nov 2025 & has been associated with this company since 5 months 20 days . was completed.

  • Charges

    A charge registered on 22 Jun 2020 via Charge ID 100548954 with Bank Of India was fully satisfied on 16 Jul 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 09 Mar 2009 via Charge ID 10150887 with Bank Of India was fully satisfied on 16 Jul 2025. was documented.

  • Charges

    Progress on A charge registered on 27 Mar 2007 via Charge ID 10049492 with Bank Of India was fully satisfied on 16 Jul 2025. was documented.

  • Charges

    A charge registered on 12 Jan 2007 via Charge ID 10034588 with Bank Of India was fully satisfied on 16 Jul 2025. was recorded as a recent event.

  • Charges

    A charge registered on 26 Oct 2010 via Charge ID 10251517 with The Goa Urban Co-Operative Bank Limited was fully satisfied on 15 Mar 2025. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

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

The CIN of Ritesh Developers Private Limited is U31200GA2004PTC003588.

Where is Ritesh Developers Private Limited headquartered?

Ritesh Developers Private Limited is headquartered at H No 4/148/63Near Rajiv Gandhi Kala Mandir Bethora Road Ponda, Goa, Goa, 403401.

When was Ritesh Developers Private Limited incorporated?

Ritesh Developers Private Limited was incorporated on 31 August 2004.

Who are the current directors of Ritesh Developers Private Limited?

The current directors of Ritesh Developers Private Limited are

What is the primary industry of Ritesh Developers Private Limited?

The primary industry of Ritesh Developers Private Limited is Construction.

Is Ritesh Developers Private Limited a listed company?

Ritesh Developers Private Limited is unlisted.

What is the capital structure of Ritesh Developers Private Limited?

The authorized capital of Ritesh Developers Private Limited is ₹1.00 Cr, and the paid-up capital is ₹6.55 M.

What is the compliance status of Ritesh Developers Private Limited?

The compliance status of Ritesh Developers Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available