Ritu Urban Ventures Private Limited
About Ritu Urban Ventures Private Limited
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Ritu Urban Ventures Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45201MP1989PTC005098.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.01 Lakh. It was formerly known as Darshan Housing and Infrastructure Private Limited. It is led by directors including Pramod Kumar Sethi (Managing Director) and Raghav Sethi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 407A 4th Floor Megapolis Square 579 M.G. Ro, Ad Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2015, the company reported a revenue of ₹99.82 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹72,037 (net margin 0.7%) and EBITDA of ₹30.74 Lakh (EBITDA margin 30.8%).
As per MCA filings, the company has open charges of ₹10.98 Cr on record. Court records list 42 cases involving the company, including 4 filed by the company and 38 filed against it; 11 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Ritu Urban Ventures Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address407A 4th Floor Megapolis Square 579 M.G. Ro, Ad Indore, Madhya Pradesh, India – 452001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ritu Urban Ventures 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 Urban Ventures Private Limited
FY 2015 filings availableRitu Urban Ventures Private Limited reported revenue of ₹99.82 Lakh (up 19383% YoY) for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹99.82 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹30.74 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹72,037 |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 30.8% |
| Net Profit Margin | 0.7% |
| 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 | |
To see the full financial statements and ratios of Ritu Urban Ventures Private Limited, buy the company report.
Board of directors of Ritu Urban Ventures Private Limited
Ritu Urban Ventures has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Sethi Also directs: Pr3 Ritu Lifespaces LLP, Ritu Pr3 Palazzo City LLP | Whole-Time Director | 10 Mar 2014 | 12 Years 8 Months | Current |
| Pramod Kumar Sethi Also directs: Pr3 Ritu Lifespaces LLP, Ritu Pr3 Palazzo City LLP | Managing Director | 16 Feb 1989 | 37 Years 8 Months | Current |
| Rohan Sethi Also directs: Pr3 Ritu Lifespaces LLP, Ritu Pr3 Palazzo City LLP | Director | 08 Jul 2005 | 21 Years 4 Months | Current |
| Ritu Sethi Also directs: Pr3 Ritu Lifespaces LLP, Ritu Pr3 Palazzo City LLP | Director | 16 Feb 1989 | 37 Years 8 Months | Current |
Auditor
Ritu Urban Ventures Private Limited is audited by A SINGHAI & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A SINGHAI & CO | FY 2015 | 013744C |
Shareholding
The shareholding of Ritu Urban Ventures Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ritu Urban Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2015 | 10611700 | India Infoline Finance Limited | ₹3.79 Cr | Open | |
| 26 Dec 2015 | 10611704 | Others | ₹7.19 Cr | Open |
To see the full charge records of Ritu Urban Ventures Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ritu Urban Ventures Private Limited has 42 court cases on record: 4 filed by Ritu Urban Ventures, 38 filed against it. 11 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 38 | 11 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Iifl Home Finance Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Pending |
| District court, Indore, Madhya Pradesh | Court case (MJC R) | Filed against the company by Iifl Finance Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S India Infoline Housing Finance Ltd | Disposed |
To see the full case history of Ritu Urban Ventures Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ritu Urban Ventures 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 Urban Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ritu Urban Ventures Private Limited has 4 board changes on record since 1989: 4 appointments. The latest: Raghav Sethi was appointed as Whole-Time Director on 10 Mar 2014.
Frequently asked questions
Ritu Urban Ventures is an active private limited company based in Indore, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 February 1989 (37+ years old) and is registered under CIN U45201MP1989PTC005098.
Ritu Urban Ventures has 4 current directors:
- Pramod Kumar Sethi - Managing Director
- Raghav Sethi - Whole-Time Director
- Rohan Sethi - Director
- Ritu Sethi - Director
The latest financial statements of Ritu Urban Ventures on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ritu Urban Ventures is U45201MP1989PTC005098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritu Urban Ventures has 42 court cases on record: 4 filed by the company and 38 filed against it. 11 are pending.
Ritu Urban Ventures was incorporated on 16 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Gwalior.
Raghav Sethi was appointed as Whole-Time Director on 10 Mar 2014. Rohan Sethi was appointed as Director on 08 Jul 2005. Pramod Kumar Sethi was appointed as Managing Director on 16 Feb 1989. Ritu Urban Ventures has 4 board changes on record in total.
The registered office of Ritu Urban Ventures is at 407A 4th Floor Megapolis Square 579 M.G. Ro, Ad Indore, Madhya Pradesh, India – 452001.
Ritu Urban Ventures operates in the real estate and construction industry, in the real estate builders and developers segment.
Ritu Urban Ventures has open charges of ₹10.98 Cr and no satisfied charges on record as per latest MCA filings.
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