About Ritesh Developers Private Limited
Data last updated:
Ritesh Developers Private Limited is a private limited company based in Goa, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U31200GA2004PTC003588. Its GSTIN is 30AACCR8005P1ZC (Goa).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹65.5 Lakh. It is led by directors including Mrs Deepa Rajesh Verenkar (Managing Director) and Rajesh Shivdas Verenkar.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H No 4/148/63 Near Rajiv Gandhi Kala Mandir Bethora Road Ponda, Goa, India – 403401.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.98 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹96.05 Lakh (net margin 9.6%) and EBITDA of ₹1.7 Cr (EBITDA margin 17.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 16% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.18 Cr and satisfied charges of ₹11.13 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riteshdevelopers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH No 4/148/63 Near Rajiv Gandhi Kala Mandir Bethora Road Ponda, Goa, India – 403401
- 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
Business Activity of Ritesh Developers Private Limited
The main business activity of Ritesh Developers is construction. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Ritesh Developers Private Limited
Ritesh Developers Private Limited is audited by SUHAS DESAI & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUHAS DESAI & CO | 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 Ritesh Developers Private Limited
Ritesh Developers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Shivdas Verenkar | Director | 22 May 2022 | 4 Years 4 Months | Current |
| Mrs Deepa Rajesh Verenkar | Managing Director | 01 Apr 2005 | 21 Years 6 Months | Current |
| Sarthak Rajesh Shet Verenkar | Additional Director | 10 Nov 2025 | 0 Years 10 Months | Current |
Financials of Ritesh Developers Private Limited FY 2024 filings available
Ritesh Developers Private Limited reported revenue of ₹9.98 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ritesh Developers Private Limited
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 35% 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 Ritesh Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.7 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹96.05 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ritesh Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.6% | •••• | •••• | •••• | •••• |
| 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 Ritesh Developers are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Ritesh 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 Ritesh Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2024 | Others | ₹64 Lakh | Open |
| 28 Feb 2019 | Yes Bank Limited | ₹65.02 Lakh | Open |
| 03 Nov 2010 | Hdfc Bank Limited | ₹10 Lakh | Open |
| 14 Dec 2009 | Kotak Mahindra Bank Limited | ₹51.1 Lakh | Open |
| 13 Feb 2007 | Centurion Bank of Punjab Limited | ₹7.13 Lakh | Open |
Total charge records: 27 View all charges
Employees and EPFO Compliance at Ritesh Developers Private Limited
Ritesh Developers Private Limited has a workforce of 10 employees as of Mar 30, 2024.
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.
GST Compliance of Ritesh Developers Private Limited
Ritesh Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AACCR8005P1ZC | Goa | Active | 01 Jul 2017 |
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.
Legal Cases of Ritesh Developers Private Limited
Ritesh Developers Private Limited has 11 court cases on record: 3 filed by Ritesh Developers, 8 filed against it. 3 cases are pending and 8 are disposed. Status as checked between 29 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 6 | 3 |
| High courts | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Original application | Filed by the company against Atish Hotels Private Limited | Disposed |
| District court, North Goa, Goa | Civil suit | Filed against the company by an individual | Pending |
| District court, North Goa, Goa | Civil suit | Filed against the company by R.N. Talak and Developers | Pending |
| District court, North Goa, Goa | Civil suit | Filed by the company against R. N. Talak and Developers | Pending |
| District court, North Goa, Goa | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 11 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.
Credit Ratings, Litigation & Regulatory Alerts for Ritesh 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 Ritesh 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 Ritesh 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.
MCA Filings & Documents of Ritesh 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.
Recent Activity on Ritesh Developers Private Limited
Frequently Asked Questions about Ritesh Developers Private Limited
Ritesh Developers is an active private limited company based in Goa, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 August 2004 (22+ years old) and is registered under CIN U31200GA2004PTC003588.
Ritesh Developers reported revenue of ₹9.98 Cr for FY 2025 (down 32% YoY).
Ritesh Developers has 3 current directors:
- Mrs Deepa Rajesh Verenkar - Managing Director
- Rajesh Shivdas Verenkar - Director
- Sarthak Rajesh Shet Verenkar - Additional Director
Ritesh Developers reported a net profit of ₹96.05 Lakh (net margin 9.6%) and EBITDA of ₹1.7 Cr (EBITDA margin 17.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ritesh Developers is 35% over three years and 16% over five years. In the latest year (FY 2025) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ritesh Developers is 30AACCR8005P1ZC, registered in Goa.
The CIN (Corporate Identification Number) of Ritesh Developers is U31200GA2004PTC003588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritesh Developers has 11 court cases on record: 3 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.
Ritesh Developers was incorporated on 31 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Goa.