About RMZ Estates Private Limited
Data last updated:
RMZ Estates 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 01 June 2018.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2018PTC113614. Its GSTIN is 29AAICR9796H1ZE (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 ₹2.9 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹31.6 Lakh (net margin -10.9%) and EBITDA of -₹11.2 Lakh (EBITDA margin -3.9%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years.
As per MCA filings, the company had satisfied charges of ₹4,020 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in June 2018. Its 10 peer companies in the Real Estate industry (Builders and Developers, Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is Rainpay India Private Limited with revenue of ₹2.9 Cr.
The last known website on record is rmzcorp.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address'The Millenia' Tower – B Level 12 – 14 No. 1 & 2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of RMZ Estates Private Limited
The main business activity of RMZ Estates is construction. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of RMZ Estates Private Limited FY 2023 filings available
RMZ Estates Private Limited reported revenue of ₹2.9 Cr (up 47% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of RMZ Estates Private Limited
Revenue rose 47% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 68%. EBITDA fell 100% 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 of RMZ Estates Private Limited
| 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 | ₹2.9 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹11.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.6 Lakh | •••• | •••• | •••• | •••• |
| 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 of RMZ Estates Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -10.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of RMZ Estates are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of RMZ Estates Private Limited
RMZ Estates Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers, Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rainpay India Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Bangalore, Karnataka, India |
| Darjeeling Infracon Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | 1808.0% | •••• | Siliguri, West Bengal, India |
| Pingaksha Industries Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Shahdol, Madhya Pradesh, India |
| Paras Overseas Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Megaclite Realtors Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | 133.0% | •••• | Mumbai, Maharashtra, India |
| RMZ Estates Private Limited this company | ₹2.9 Cr (FY 2023) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Swami Infraventures Private Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Bhubaneswar, Odisha, India |
| Greata Enterprises and Developers Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Chennai, Tamil Nadu, India |
| Kajal Builders & Developers Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | 457.0% | •••• | Mothihari, Bihar, India |
| Flormarina Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | Gurgaon, Haryana, India |
| CRC Corporate Services Private Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below RMZ Estates by revenue in the Real Estate industry (Builders and Developers, Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of RMZ Estates Private Limited
RMZ Estates Private Limited is audited by V.P. Janadri & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.P. Janadri & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of RMZ Estates Private Limited
RMZ Estates 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 | 01 Jun 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 8 Months | As last reported |
Ownership and Shareholding of RMZ Estates Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of RMZ Estates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2020 | Others | ₹220 Cr | Satisfied |
| 14 Jun 2018 | Others | ₹3,800 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of RMZ Estates Private Limited
RMZ Estates Private Limited has 1 deal on record (1 secondary share transfer); the latest was in June 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Millennia Realtors Private Limited , an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at RMZ Estates Private Limited
Employment history and EPFO contributions of people linked to RMZ Estates.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to RMZ Estates Private Limited
Recent Activity on RMZ Estates Private Limited
RMZ Estates 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.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for RMZ Estates Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by RMZ Estates Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of RMZ Estates Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of RMZ Estates Private Limited
RMZ Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR9796H1ZE | Karnataka | Active | 01 Dec 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of RMZ Estates Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about RMZ Estates Private Limited
RMZ Estates 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 Estates 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 01 June 2018 and is registered under CIN U70200KA2018PTC113614. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
RMZ Estates was incorporated on 01 June 2018. It is registered with the Registrar of Companies, Bangalore.
RMZ Estates had 2 directors:
- Sowmia Narayanan Venkatraman - Director
- Chatru Madandas Menda - Additional Director
The CIN (Corporate Identification Number) of RMZ Estates is U70200KA2018PTC113614. 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 Estates is at The Millenia Tower – B Level 12 – 14 No. 1 & 2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008.
RMZ Estates can be reached through the website rmzcorp.com. Its registered office is in Bangalore, Karnataka, India.
RMZ Estates reported revenue of ₹2.9 Cr for FY 2023 (up 47% YoY).
RMZ Estates has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
RMZ Estates reported a net loss of ₹31.6 Lakh (net margin -10.9%) and EBITDA of -₹11.2 Lakh (EBITDA margin -3.9%) for FY 2023, as per its filed financial statements.
The GSTIN of RMZ Estates is 29AAICR9796H1ZE, registered in Karnataka.