Rosedale Developers Private Limited
About Rosedale Developers Private Limited
Data last updated:
Rosedale Developers Private Limited is a private limited company based in Newtown, 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 operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 October 2004.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB2004PTC100084. Its GSTIN is 19AADCR0508E1ZQ (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹71 Lakh. It is led by directors including Nitin Daga (Irp/Rp/Liquidator) and Lakshmi Maheshwari.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No – III Block – 3 Rajarhat, Newtown, West Bengal, India – 700156.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.23 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹28.68 Lakh (net margin 12.9%) and EBITDA of ₹40.57 Lakh (EBITDA margin 18.2%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 53% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.32 Cr and satisfied charges of ₹44.21 Cr on record. Court records list 18 cases involving the company, including 8 filed by the company and 10 filed against it; 5 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in March 2020. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 3 smaller; the largest is Crystalindia Infraproject Private Limited with revenue of ₹2.23 Cr.
Company details
Contact details
Rosedale Developers Private Limited's registered office is in Newtown, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No – III Block – 3 Rajarhat, Newtown, West Bengal, India – 700156
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rosedale Developers 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 Rosedale Developers 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 Rosedale Developers Private Limited, buy the company report.
Financials of Rosedale Developers Private Limited
FY 2021 filings availableRosedale Developers Private Limited reported revenue of ₹2.23 Cr (down 25% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 25% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹40.57 Lakh | ||||
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| Net Profit (PAT) | ₹28.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 12.9% | ||||
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To see the full financial statements and ratios of Rosedale Developers Private Limited, buy the company report.
Board of directors of Rosedale Developers Private Limited
Rosedale Developers has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Daga | Irp/Rp/Liquidator | 06 May 2025 | 1 Years 6 Months | As last reported |
| Lakshmi Maheshwari | Director | 29 Dec 2020 | 5 Years 10 Months | As last reported |
| Rupinder Singh Also directs: Sija Alliance LLP | Director | 07 Sep 2019 | 7 Years 2 Months | As last reported |
Peer comparison
Rosedale Developers Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crystalindia Infraproject Private Limited | ₹2.23 Cr (FY 2019) | 52.0% | Allahabad, Uttar Pradesh, India | |||
| Prime Villas Private Limited | ₹2.23 Cr (FY 2024) | 113.0% | Hyderabad, Telangana, India | |||
| Rosedale Developers Private Limitedthis company | ₹2.23 Cr (FY 2021) | ₹28.68 Lakh | 12.9% | -25.0% | 2 | Newtown, West Bengal, India |
| Kumhrar Developers Private Limited | ₹2.23 Cr (FY 2024) | Patna, Bihar, India | ||||
| Diisshan Engineers and Contractors Private Limited | ₹2.23 Cr (FY 2024) | 835.0% | Pune, Maharashtra, India | |||
| Ap Infrastructure Private Limited | ₹2.23 Cr (FY 2025) | -4.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Rosedale Developers Private Limited, buy the company report.
Auditor
Rosedale Developers Private Limited is audited by G P AGRAWAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G P AGRAWAL & CO | FY 2020 | 302082E |
Shareholding
The shareholding of Rosedale Developers 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rosedale Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2018 | 100229649 | Others | ₹3.2 Cr | Open | |
| 15 Jun 2011 | 10295106 | Srei Equipment Finance Private Limited | ₹2.12 Cr | Open | |
| 10 Jan 2013 | 10407041 | Indiabulls Financial Services Limited | ₹7.5 Cr | Satisfied | |
| 22 Feb 2007 | 10048675 | Indian Overseas Bank | ₹36.71 Cr | Satisfied |
To see the full charge records of Rosedale Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Rosedale Developers Private Limited has 6 deals on record (6 secondary share transfers); the latest was in March 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Shrachi Realty Private Limited , an individual Seller: Shrachi Developers Pvt Ltd , Emami Realty Private Limited |
| Jan 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Emami Realty Private Limited |
| Nov 2006 | Secondary share transfer | Undisclosed | Buyer: Satyam Housing Maintenance Limited Seller: Shrachi Developers Pvt Ltd |
To see the full deal history of Rosedale Developers 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
Rosedale Developers Private Limited has 18 court cases on record: 8 filed by Rosedale Developers, 10 filed against it. 5 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 9 | 5 | 0 |
| District courts | 3 | 2 | 1 |
| Supreme Court | 4 | 2 | 3 |
| High courts | 1 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2301-Housing and Building-Municipal Laws-Housing and building permits, slums rehabilitation, demolition, encroachment/ removal of encroachment, sealing and urban planning : Housing and Building- matters relating to Municipal Laws, housing and building permits, slums rehabilitation, demolition, encroachment/ removal of encroachment, sealing and urban planning (other than RERA)) | Filed against the company by Wow Momo Foods Private Limited | Pending |
| Supreme Court | Court case (2301-Housing and Building-Municipal Laws-Housing and building permits, slums rehabilitation, demolition, encroachment/ removal of encroachment, sealing and urban planning : Housing and Building- matters relating to Municipal Laws, housing and building permits, slums rehabilitation, demolition, encroachment/ removal of encroachment, sealing and urban planning (other than RERA)) | Filed against the company by Devyani International Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Scope Dealtrade Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Scope Dealtrade Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against M/S Scope Dealtrade Private Limited and 1 other | Disposed |
To see the full case history of Rosedale Developers 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 Rosedale Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rosedale Developers Private Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Rosedale Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCR0508E1ZQ | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rosedale Developers Private Limited, buy the company report.
Recent activity
Rosedale Developers Private Limited has 11 board changes on record since 2013: 3 appointments and 8 cessations. The latest: Nitin Daga was appointed as Irp/Rp/Liquidator on 06 May 2025.
10 earlier events are in the company report.
Frequently asked questions
Rosedale Developers 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.
Rosedale Developers is a company under insolvency, formerly operating as a private limited company based in Newtown, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 October 2004 and is registered under CIN U45201WB2004PTC100084. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rosedale Developers has 3 current directors:
- Lakshmi Maheshwari - Director
- Rupinder Singh - Director
- Nitin Daga - Irp/Rp/Liquidator
The latest financial statements of Rosedale Developers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rosedale Developers is U45201WB2004PTC100084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rosedale Developers has open charges of ₹5.32 Cr and satisfied charges of ₹44.21 Cr as per latest MCA filings.
Rosedale Developers has 18 court cases on record: 8 filed by the company and 10 filed against it. 5 are pending. Most are in the nclat.
Rosedale Developers was incorporated on 08 October 2004. It is registered with the Registrar of Companies, Kolkata.
Rosedale Developers has 6 deals on record (6 secondary share transfers); the latest was in March 2020.
The peers of Rosedale Developers by revenue are Crystalindia Infraproject Private Limited, Prime Villas Private Limited, Kumhrar Developers Private Limited, Diisshan Engineers and Contractors Private Limited, Ap Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Nitin Daga was appointed as Irp/Rp/Liquidator on 06 May 2025. Kulveer Hurkat ceased to be Director on 29 Dec 2020. Lakshmi Maheshwari was appointed as Director on 29 Dec 2020. Rosedale Developers has 11 board changes on record in total.
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