About Riverbank Developers Private Limited
Data last updated: 24 July 2025
Riverbank Developers Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 25 October 2007, the company has been in operation for over 19 years.
Registered with ROC Kolkata under CIN U70101WB2007PTC120037.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹26 Lakh. It is led by directors including Sumit Dabriwala and Ashish Chhawchharia.
Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: 1 New Bata Road P.O – Batanagar P.S – Maheshtala, Kolkata, West Bengal, India – 700140.
As per the financials filed for FY 2022, the company reported a revenue of ₹182.52 Cr, a growth of 10% compared to the previous year.
The company has a workforce of approximately 38 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands - Hiland, Riverbank Developers. As per MCA filings, the company has open charges of ₹1,019 Cr and satisfied charges of ₹623 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is hiland.in.
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Registered Address1 New Bata Road P.O – Batanagar P.S – Maheshtala, Kolkata, West Bengal, India – 700140
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Riverbank Developers Private Limited
Riverbank Developers Private Limited operates two associated brands: Hiland and Riverbank Developers. These brands represent Riverbank Developers Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial properties are developed in Kolkata, India. | hiland.in | |
| Real estate projects are developed in Kolkata by Riverbank Developers. | rdpl.co.in |
Competitors & Alternatives of Riverbank Developers Private Limited
Brands and companies operating in the same space as Riverbank Developers Private Limited include Godrej Properties, Vingroup, Lendlease and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Godrej Properties
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Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
Vingroup
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Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
Lendlease
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
Frasers Property
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
Sunac
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Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
Lodha Group
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Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
Vanke
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Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
Eiffage
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Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France, France | 1920 |
City Developments
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Real estate development and management services are provided globally. | Singapore, Singapore, Singapore | 1963 |
Business Activity of Riverbank Developers Private Limited
Riverbank Developers Private Limited is engaged in the principal business activity of construction, with detailed activities including 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 for Riverbank Developers Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Riverbank Developers Private Limited
Riverbank Developers Private Limited is audited by SINGHI & CO. for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SINGHI & CO. | Locked | Locked | Locked |
Complete auditor history for Riverbank Developers Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Riverbank Developers Private Limited
Riverbank Developers Private Limited is currently managed by 3 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Sumit Dabriwala
Also directs:
Belmont Towers Llp, Satyatower Affordables Projects Private Limited, River Apartment Owners Association and 5 more
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Managing Director | 25 Oct 2007 | 18 Years 9 Months | As last reported |
| Ashish Chhawchharia | Irp/Rp/Liquidator | 01 Aug 2024 | 2 Years 0 Months | As last reported |
|
Nandu Kishinchand Belani
Also directs:
Belmont Towers Llp, Hiland Projects Limited, Calcutta Metropolitan Group Limited and 5 more
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Director | 25 Oct 2007 | 18 Years 9 Months | As last reported |
Financials of Riverbank Developers Private Limited FY 2022 filings available
Riverbank Developers Private Limited reported revenue of ₹182.52 Cr (up 10.00% YoY) for FY 2022.
Ten-year financial statements for Riverbank Developers Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Riverbank Developers Private Limited
Shareholding and ownership data for Riverbank Developers Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Group Structure of Riverbank Developers Private Limited
Riverbank Developers Private Limited has 2 subsidiary companies. This group structure data is as of FY 2022. The corporate group structure reflects Riverbank Developers Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bbt Elevated Road Private Limited | U45400WB2014PTC200347 | Locked |
| Crs Real Estate Developers Private Limited | U70109WB2021PTC249066 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Riverbank Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 2024 | Hdfc Bank Limited | ₹30 Cr | Open |
| 08 Apr 2021 | Others | ₹100 Cr | Open |
| 27 Jul 2020 | Others | ₹100 Cr | Open |
| 05 Jun 2020 | Others | ₹4 Cr | Open |
| 27 Sep 2019 | Others | ₹25 Cr | Open |
Total charge records: 12 View all charges
Employees and EPFO Compliance at Riverbank Developers Private Limited
Riverbank Developers Private Limited has a workforce of 38 employees as of Apr 09, 2024.
Employee and EPFO history for Riverbank Developers Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
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GST Compliance of Riverbank Developers Private Limited
GST registrations and filing compliance for Riverbank Developers Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Riverbank Developers Private Limited
Credit ratings, litigation, and regulatory alerts for Riverbank Developers Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Riverbank Developers Private Limited
MSME payment history for Riverbank Developers Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Riverbank Developers Private Limited
Corporate group structure for Riverbank Developers Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Riverbank Developers Private Limited
MCA filings and documents for Riverbank Developers Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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Recent Activity on Riverbank Developers Private Limited
Frequently Asked Questions about Riverbank Developers Private Limited
Riverbank Developers Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Riverbank Developers Private Limited is a company under insolvency, formerly operating as a private limited company in the real estate and construction sector based in Kolkata, West Bengal, India. It was incorporated on 25 October 2007 and is registered under CIN U70101WB2007PTC120037. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Riverbank Developers Private Limited reported revenue of ₹182.52 Cr for FY 2022 (up 10.00% YoY).
The current directors of Riverbank Developers Private Limited are:
- Sumit Dabriwala - Managing Director
- Ashish Chhawchharia - Irp/Rp/Liquidator
- Nandu Kishinchand Belani - Director
The CIN (Corporate Identification Number) of Riverbank Developers Private Limited is U70101WB2007PTC120037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riverbank Developers Private Limited has open charges of ₹1,019 Cr and satisfied charges of ₹623 Cr as per latest MCA filings.