About Rituvarsha Estates Private Limited
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Rituvarsha Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Wadhwagroup Holdings Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 26 September 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1986PTC041050. Its GSTIN is 27AABCR6942C2ZG (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹32.5 Cr and a paid-up capital of ₹32.5 Cr. It is led by directors Navin Amarlal Makhija and Manohar Moolchand Chhabria.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.53 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹35.63 Lakh (net margin 94.9%) and EBITDA of ₹35.63 Lakh (EBITDA margin 94.9%). Revenue has grown at a compounded annual rate (CAGR) of 319% over three years.
As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹400 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website thewadhwagroup.com.
Company details
Contact details
Rituvarsha Estates Private Limited's registered office is in Mumbai, Maharashtra. Its website is thewadhwagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 Platina Plot No. C – 59 G Block, Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Rituvarsha Estates 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 Rituvarsha Estates Private Limited
FY 2025 filings availableRituvarsha Estates Private Limited reported revenue of ₹37.53 Lakh (up 855% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 319% over three years, including 855% growth in the latest year. EBITDA rose 105% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹35.63 Lakh | ||||
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| Net Profit (PAT) | ₹35.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 94.9% | ||||
| Net Profit Margin | 94.9% | ||||
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To see the full financial statements and ratios of Rituvarsha Estates Private Limited, buy the company report.
Board of directors of Rituvarsha Estates Private Limited
Rituvarsha Estates has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Amarlal Makhija | Director | 25 Mar 2007 | 19 Years 7 Months | Current |
| Manohar Moolchand Chhabria Also directs: Raghuleela Properties Private Limited, Wadhwa Realty Private Limited, Adenwala Industrial Estate Pvt Ltd and 5 more | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Rituvarsha Estates Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vatsal Real Estate Private Limited | ₹37.6 Lakh (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Tirupati Farming and Intergrated Services Private Limited | ₹37.58 Lakh (FY 2024) | 37.0% | Unjha, Gujarat, India | |||
| Rangoli Products Private Limited | ₹37.56 Lakh (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Shaunak Plantations Private Limited | ₹37.55 Lakh (FY 2025) | 4.0% | Delhi, India | |||
| Badri Nath Builders Private Limited | ₹37.54 Lakh (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Rituvarsha Estates Private Limitedthis company | ₹37.53 Lakh (FY 2025) | ₹35.63 Lakh | 94.9% | 855.0% | Mumbai, Maharashtra, India | |
| Assam Auto Industries Pvt Ltd | ₹37.53 Lakh (FY 2024) | 22.0% | Assam, India | |||
| Buoy Vedio Private Limited | ₹37.53 Lakh (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| TCP Hotels Private Limited | ₹37.5 Lakh (FY 2024) | -11.0% | Chennai, Tamil Nadu, India | |||
| Northway Infotech Private Limited | ₹37.49 Lakh (FY 2024) | -10.0% | New Delhi, Delhi, India | |||
| PVN Realty Projects Private Limited | ₹37.48 Lakh (FY 2021) | -98.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Rituvarsha Estates Private Limited, buy the company report.
Auditor
Rituvarsha Estates Private Limited is audited by ROHIRA MEHTA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIRA MEHTA & ASSOCIATES | FY 2021 | 118777W |
Shareholding
The shareholding of Rituvarsha Estates Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rituvarsha Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 1993 | 90214482 | Indian Bank | ₹25 Lakh | Open | |
| 05 Nov 2016 | 100058821 | Others | ₹50 Cr | Satisfied | |
| 10 Mar 2014 | 10483430 | Icici Home Finance Company Limited | ₹200 Cr | Satisfied | |
| 28 Mar 2013 | 10414129 | Icici Home Finance Company Limited | ₹60 Cr | Satisfied | |
| 11 Jun 2010 | 10229011 | State Bank of India | ₹90 Cr | Satisfied |
To see the full charge records of Rituvarsha Estates Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Rituvarsha Estates Private Limited has 8 court cases on record: 1 filed by Rituvarsha Estates, 7 filed against it. 5 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
| High courts | 4 | 4 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Marvel Sigma Homes Pvt Ltd | Pending |
| Bombay High Court | Commercial suit | Filed against the company by Vistra Itcl (India) Limited | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed by the company against Marvel Sigma Homes Private Limited. | Disposed |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Rituvarsha Estates 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 Rituvarsha Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rituvarsha Estates has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR6942C2ZG | Maharashtra | Active | 17 Jul 2018 |
To see the full GST registrations and return filing status of Rituvarsha Estates Private Limited, buy the company report.
Recent activity
Rituvarsha Estates Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Manohar Moolchand Chhabria ceased to be Additional Director on 29 Sep 2017.
8 earlier events are in the company report.
News
Frequently asked questions
Rituvarsha Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 26 September 1986 (40+ years old) and is registered under CIN U45200MH1986PTC041050.
Rituvarsha Estates has 2 current directors:
- Navin Amarlal Makhija - Director
- Manohar Moolchand Chhabria - Director
The latest financial statements of Rituvarsha Estates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rituvarsha Estates is 27AABCR6942C2ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rituvarsha Estates is U45200MH1986PTC041050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rituvarsha Estates has 8 court cases on record: 1 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
Rituvarsha Estates was incorporated on 26 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rituvarsha Estates by revenue are Vatsal Real Estate Private Limited, Tirupati Farming and Intergrated Services Private Limited, Rangoli Products Private Limited, Shaunak Plantations Private Limited, Badri Nath Builders Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Manohar Moolchand Chhabria ceased to be Additional Director on 29 Sep 2017. Manohar Moolchand Chhabria was appointed as Director on 01 Apr 2017. Vijay Vasudev Wadhwa ceased to be Director on 01 Apr 2017. Rituvarsha Estates has 7 board changes on record in total.
Rituvarsha Estates can be reached through the website thewadhwagroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Rituvarsha Estates is at 301 Platina Plot No. C – 59 G Block, Bandra Kurla Complex Bandra E, Mumbai, Maharashtra, India – 400098.