Ritu Builders Private Limited
About Ritu Builders Private Limited
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Ritu Builders 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 real estate leasing and property management segment of the real estate sector. It was incorporated on 18 September 1998.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB1998PTC087988.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.02 Lakh. It was led by directors Sridher Sharma and Sajjal Mandal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at P – 1 Hide Lane 9th Floor, Kolkata, West Bengal, India – 700073.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.77 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹6.44 Lakh (net margin 73.5%) and EBITDA of ₹8.56 Lakh (EBITDA margin 97.7%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 25% over five years.
As per MCA filings, the company had satisfied charges of ₹46 Lakh on record.
Company details
Contact details
Ritu Builders Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – 1 Hide Lane 9th Floor, Kolkata, West Bengal, India – 700073
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Ritu Builders Private Limited, buy the company report.
- 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
Financials of Ritu Builders Private Limited
FY 2024 filings availableRitu Builders Private Limited reported revenue of ₹8.77 Lakh (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 98% fall in the latest year. EBITDA fell 95% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.56 Lakh | ||||
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| Net Profit (PAT) | ₹6.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 97.7% | ||||
| Net Profit Margin | 73.5% | ||||
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To see the full financial statements and ratios of Ritu Builders Private Limited, buy the company report.
Board of directors of Ritu Builders Private Limited
Ritu Builders has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridher Sharma Also directs: Aikatan Properties Pvt Ltd, Rangamati Estates Private Limited, Vikat Housing Private Limited and 5 more | Director | 20 Sep 2017 | 9 Years 1 Months | As last reported |
| Sajjal Mandal Also directs: Alokbarsha Projects Private Limited, Astavinayak Realcon Private Limited, Gopalpriya Abasan Private Limited and 5 more | Director | 20 Sep 2017 | 9 Years 1 Months | As last reported |
Peer comparison
Ritu Builders Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saarc Communications Private Limited | ₹8.81 Lakh (FY 2024) | -89.0% | Amritsar, Punjab, India | |||
| New Era Realmart Private Limited | ₹8.8 Lakh (FY 2018) | New Delhi, Delhi, India | ||||
| Ritu Builders Private Limitedthis company | ₹8.77 Lakh (FY 2024) | ₹6.44 Lakh | 73.5% | -98.0% | Kolkata, West Bengal, India | |
| Angel Infra-Estates Corporation Private Limited | ₹8.7 Lakh (FY 2025) | -32.0% | Jaipur, Rajasthan, India | |||
| Wonderland Realtors Private Limited | ₹8.69 Lakh (FY 2016) | -33.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ritu Builders Private Limited, buy the company report.
Auditor
Ritu Builders Private Limited is audited by PRITI JHAWAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRITI JHAWAR & CO. | FY 2017 | 328818E |
Shareholding
The shareholding of Ritu Builders Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ritu Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2019 | 100313913 | State Bank of India | ₹46 Lakh | Satisfied |
To see the full charge records of Ritu Builders Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ritu Builders Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ritu Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ritu Builders Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ritu Builders Private Limited has 11 board changes on record since 2012: 2 appointments and 9 cessations. The latest: Sajjal Mandal ceased to be Additional Director on 28 Sep 2018.
4 earlier events are in the company report.
Frequently asked questions
Ritu Builders 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.
Ritu Builders was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 18 September 1998 and is registered under CIN U70109WB1998PTC087988. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ritu Builders was incorporated on 18 September 1998. It is registered with the Registrar of Companies, Kolkata.
Ritu Builders had 2 directors:
- Sridher Sharma - Director
- Sajjal Mandal - Director
The CIN (Corporate Identification Number) of Ritu Builders is U70109WB1998PTC087988. 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 Ritu Builders is at P – 1 Hide Lane 9th Floor, Kolkata, West Bengal, India – 700073.
The latest financial statements of Ritu Builders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
Ritu Builders operated in the real estate industry, in the real estate leasing segment.
The peers of Ritu Builders by revenue are Saarc Communications Private Limited, New Era Realmart Private Limited, Angel Infra-Estates Corporation Private Limited, Wonderland Realtors Private Limited, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).
Sajjal Mandal ceased to be Additional Director on 28 Sep 2018. Sridher Sharma ceased to be Additional Director on 28 Sep 2018. Surendra Kumar Saraf ceased to be Director on 20 Nov 2017. Ritu Builders has 11 board changes on record in total.
Ritu Builders has no open charges and satisfied charges of ₹46 Lakh as per latest MCA filings.