Ritesh Real Estates Private Limited
About Ritesh Real Estates Private Limited
Data last updated:
Ritesh Real Estates Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 20 February 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U45200WB2007PTC113544.
The company had an authorised share capital of ₹65.5 Lakh and a paid-up capital of ₹65.45 Lakh. It was led by directors Ravi Kumar Newatia and Suman Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹60.21 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.52 Lakh (net margin 4.2%) and EBITDA of ₹3.48 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 14% over five years.
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- Registered Address4 Synagouge Street 9th Floor, Room No. 922 India, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Diversified Financial Services
- 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 Real Estates Private Limited
The main business activity of Ritesh Real Estates is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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.
Financials of Ritesh Real Estates Private Limited FY 2023 filings available
Ritesh Real Estates Private Limited reported revenue of ₹60.21 Lakh (up 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ritesh Real Estates Private Limited
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 41% 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 Real Estates Private Limited
| 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 | ₹60.21 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.52 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ritesh Real Estates Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 Real Estates 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.
Peer Comparison of Ritesh Real Estates Private Limited
Ritesh Real Estates Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Shivashakti Agencies Private Limited | •••• | •••• | •••• | •••• | - | Guwahati, Assam, India |
| Elite Resources Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ramanuj Synthetics Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Singhal Capital Market Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Indus Securities Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ritesh Real Estates Private Limited this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Vantage Tie Up Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Essdee Properties Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Laams Tax Consultancy Private Limited | •••• | •••• | •••• | •••• | 10 | Chennai City Corporation, Tamil Nadu, India |
| The Baluanand Finance Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Manyata Chits Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ritesh Real Estates by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ritesh Real Estates Private Limited
Ritesh Real Estates Private Limited is audited by AMAN SONTHALIA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMAN SONTHALIA & 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 Real Estates Private Limited
Ritesh Real Estates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kumar Newatia Also directs: Ritesh Commercial Holdings Ltd, Ritesh Properties Private Limited, BBR Developers Private Limited and 5 more | Director | 22 Feb 2007 | 19 Years 7 Months | As last reported |
| Suman Agarwal | Additional Director | 16 Aug 2019 | 7 Years 1 Months | As last reported |
Ownership and Shareholding of Ritesh Real Estates 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 Real Estates Private Limited
Ritesh Real Estates Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ritesh Real Estates Private Limited
Employment history and EPFO contributions of people linked to Ritesh Real Estates.
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.
Recent Activity on Ritesh Real Estates Private Limited
Ritesh Real Estates Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Ritesh Newatia ceased to be Director on 16 Aug 2019.
Credit Ratings, Litigation & Regulatory Alerts for Ritesh Real Estates 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 Real Estates 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 Real Estates 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.
GST Compliance of Ritesh Real Estates Private Limited
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.
MCA Filings & Documents of Ritesh Real Estates 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.
Frequently Asked Questions about Ritesh Real Estates Private Limited
Ritesh Real Estates has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ritesh Real Estates was a private limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 20 February 2007 and is registered under CIN U45200WB2007PTC113544. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ritesh Real Estates was incorporated on 20 February 2007. It is registered with the Registrar of Companies, Kolkata.
Ritesh Real Estates had 2 directors:
- Ravi Kumar Newatia - Director
- Suman Agarwal - Additional Director
The CIN (Corporate Identification Number) of Ritesh Real Estates is U45200WB2007PTC113544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ritesh Real Estates is at 4 Synagouge Street 9th Floor, Room No. 922 India, Kolkata, West Bengal, India – 700001.
Ritesh Real Estates reported revenue of ₹60.21 Lakh for FY 2023 (up 9% YoY).
Ritesh Real Estates has an authorised share capital of ₹65.5 Lakh and a paid-up capital of ₹65.45 Lakh.
Ritesh Real Estates reported a net profit of ₹2.52 Lakh (net margin 4.2%) and EBITDA of ₹3.48 Lakh (EBITDA margin 5.8%) for FY 2023, as per its filed financial statements.
Ritesh Real Estates operated in the financial services industry, in the diversified financial services segment.
The compounded annual growth rate (CAGR) of the revenue of Ritesh Real Estates is -2% over three years and -14% over five years. In the latest year (FY 2023) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.