About RMZ Buildcon Private Limited
Data last updated:
RMZ Buildcon Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Millennia Realtors Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 28 May 2018.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2018PTC113494. Its GSTIN is 29AAICR9726M1ZH (Karnataka).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sowmia Narayanan Venkatraman and Chatru Madandas Menda.
Its last annual general meeting (AGM) was held on 30 October 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at The Millenia' Tower – B Level 12 – 14 No. 1 & 2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.9 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr and EBITDA of -₹1.2 Cr. Revenue has declined at a compounded annual rate (CAGR) of 78% over three years.
As per MCA filings, the company had satisfied charges of ₹4,020 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 3 deals on record (1 convertible or debt financing, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹1,314.37 Cr; the latest was in December 2020.
The last known website on record is rmzcorp.com.
Company details
Contact details
RMZ Buildcon Private Limited's registered office is in Bangalore, Karnataka. Its website is rmzcorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThe Millenia' Tower – B Level 12 – 14 No. 1 & 2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of RMZ Buildcon 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
Business activity
The main business activity of RMZ Buildcon is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of RMZ Buildcon Private Limited, buy the company report.
Financials of RMZ Buildcon Private Limited
FY 2023 filings availableRMZ Buildcon Private Limited reported revenue of ₹9.9 Lakh (down 94% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over three years, including a 94% fall in the latest year. EBITDA fell 104% 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 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 | ₹9.9 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.2 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 RMZ Buildcon Private Limited, buy the company report.
Board of directors of RMZ Buildcon Private Limited
RMZ Buildcon has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sowmia Narayanan Venkatraman Also directs: VLR Consultancy LLP, VLV Estates LLP, RMZ Corner Stone Realty Private Limited and 5 more | Director | 28 May 2018 | 8 Years 4 Months | As last reported |
| Chatru Madandas Menda Also directs: RMZ Hi-Tech Commercial Parks Private Limited, RMZ Homes Private Limited, RMZ Retail Private Limited and 3 more | Additional Director | 20 Jan 2024 | 2 Years 9 Months | As last reported |
Auditor
RMZ Buildcon Private Limited is audited by V.P. Janadri & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.P. Janadri & Associates | FY 2023 | 018803S |
Shareholding
The shareholding of RMZ Buildcon Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of RMZ Buildcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2020 | 100385401 | Others | ₹220 Cr | Satisfied | |
| 14 Jun 2018 | 100203141 | Others | ₹2,155 Cr | Satisfied | |
| 14 Jun 2018 | 100206473 | Others | ₹1,645 Cr | Satisfied |
To see the full charge records of RMZ Buildcon Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
RMZ Buildcon Private Limited has 3 deals on record (1 convertible or debt financing, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹1,314.37 Cr; the latest was in December 2020.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Acquisition | ₹1,512.39 Cr | Buyer: RMZ Infotech Private Limited |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Millennia Realtors Private Limited , an individual |
To see the full deal history of RMZ Buildcon Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
RMZ Buildcon Private Limited has 1 court case on record: 1 filed by RMZ Buildcon. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of RMZ Buildcon 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.
Credit ratings & regulatory alerts
RMZ Buildcon Private Limited was last rated by Icra on 15 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Mar 2021 |
To see the full credit ratings and regulatory alerts of RMZ Buildcon Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for RMZ Buildcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
RMZ Buildcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR9726M1ZH | Karnataka | Active | 13 Nov 2019 |
To see the full GST registrations and return filing status of RMZ Buildcon Private Limited, buy the company report.
Recent activity
RMZ Buildcon Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Chatru Madandas Menda was appointed as Additional Director on 20 Jan 2024.
3 earlier events are in the company report.
News
Frequently asked questions
RMZ Buildcon 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.
RMZ Buildcon was a private limited company based in Bangalore, Karnataka, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 28 May 2018 and is registered under CIN U70109KA2018PTC113494. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
RMZ Buildcon was incorporated on 28 May 2018. It is registered with the Registrar of Companies, Bangalore.
RMZ Buildcon had 2 directors:
- Sowmia Narayanan Venkatraman - Director
- Chatru Madandas Menda - Additional Director
The CIN (Corporate Identification Number) of RMZ Buildcon is U70109KA2018PTC113494. 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 RMZ Buildcon is at The Millenia Tower – B Level 12 – 14 No. 1 & 2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008.
RMZ Buildcon can be reached through the website rmzcorp.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of RMZ Buildcon on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 October 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of RMZ Buildcon is 29AAICR9726M1ZH, registered in Karnataka.
RMZ Buildcon operated in the business outsourcing industry, in the business and IT consulting segment.