About Ruchi Malls Private Limited
Data last updated:
Ruchi Malls Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Euthoria Developers 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 mall and retail management segment of the business services sector. It was incorporated on 21 September 2005.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2005PTC123306. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10.25 Lakh and a paid-up capital of ₹10.2 Lakh. It was led by directors Asheesh Mohta and Siddharth Nawal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Plot No. 216 T.P Scheme 1 Near Vastrapur Lake, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2022, the company reported a revenue of ₹104.16 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹35.78 Cr (net margin 34.3%) and EBITDA of ₹66.07 Cr (EBITDA margin 63.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company had about 31 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹385 Cr on record. Court records list 18 cases involving the company, including 5 filed by the company and 13 filed against it; 3 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹51.88 Cr; the latest was in September 2017. The company has 9 MSME Form 1 returns on record between 2019 and 2022, listing 281 overdue payments to 74 micro and small suppliers.
The last known website on record is ahmedabadone.com.
Company details
CIN history
Ruchi Malls has one previous CIN (Corporate Identification Number): U45201DL2005PTC140977. The current CIN is U45201GJ2005PTC123306, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201GJ2005PTC123306 | Current |
| U45201DL2005PTC140977 | Previous |
Contact details
Ruchi Malls Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ahmedabadone.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 216 T.P Scheme 1 Near Vastrapur Lake, Ahmedabad, Gujarat, India – 380054
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of Ruchi Malls 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 Ruchi Malls Private Limited
FY 2022 filings availableRuchi Malls Private Limited reported revenue of ₹104.16 Cr (up 58% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 58% growth in the latest year. EBITDA rose 92% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹104.16 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹66.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.78 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.4% | ||||
| Net Profit Margin | 34.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Ruchi Malls Private Limited, buy the company report.
Board of directors of Ruchi Malls Private Limited
Ruchi Malls has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asheesh Mohta Also directs: Kolte-Patil Developers Limited, Ventive Hospitality Limited, Horizon Industrial Parks Limited and 5 more | Director | 21 Sep 2018 | 8 Years 1 Months | As last reported |
| Siddharth Nawal | Director | 11 Jun 2019 | 7 Years 4 Months | As last reported |
Auditor
Ruchi Malls Private Limited is audited by S R B C & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2022 | 324982E/E300003 |
Shareholding
The shareholding of Ruchi Malls Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ruchi Malls Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2011 | 10308336 | Punjab National Bank | ₹255 Cr | Satisfied | |
| 25 Mar 2008 | 10092749 | Central Bank of India as Security Trustee | ₹130 Cr | Satisfied |
To see the full charge records of Ruchi Malls Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ruchi Malls Private Limited has 6 deals on record (3 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹51.88 Cr; the latest was in September 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Acquisition | Undisclosed | Buyer: Euthoria Developers Private Limited Seller: Alpha Corp Development Private Limited |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Alpha Corp Development Private Limited, an individual Seller: Grandeur Real Estates Private Limited , an individual |
| Feb 2007 | Funding round | ₹51.88 Cr | Investors: Grandeur Real Estates Private Limited , Alpha Corp Development Private Limited |
| Sep 2006 | Acquisition | ₹5.61 Cr | Buyer: Grandeur Real Estates Private Limited Seller: Primeland Real Estates Private Limited |
To see the full deal history of Ruchi Malls 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
Ruchi Malls Private Limited has 18 court cases on record: 5 filed by Ruchi Malls, 13 filed against it. 3 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 6 | 2 |
| District courts | 6 | 6 | 1 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by Inox Leisure Ltd Thru Ashwal Nikhilbhai Daru | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by Inox Leisure Ltd Thru Ashwal Nikhilbhai Daru | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by Fame India Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Fame India Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
To see the full case history of Ruchi Malls 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
Ruchi Malls Private Limited was last rated by Crisil on 21 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jun 2021 |
To see the full credit ratings and regulatory alerts of Ruchi Malls Private Limited, buy the company report.
MSME payment delays
Ruchi Malls Private Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 281 overdue payments to 74 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 74)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Avon Lifestyle Private Limited | |||
| Salamati Security and Personnel Force Private Limited | |||
| Angel Facade Engineers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Ruchi Malls Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ruchi Malls Private Limited has a workforce of 31 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ruchi Malls has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ruchi Malls Private Limited, buy the company report.
Recent activity
Ruchi Malls Private Limited has 13 board changes on record since 2007: 2 appointments and 11 cessations. The latest: Shravan Chandra Sharma ceased to be Additional Director on 09 Aug 2021.
9 earlier events are in the company report.
Frequently asked questions
Ruchi Malls 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.
Ruchi Malls was a private limited company based in Ahmedabad, Gujarat, India. The company worked in mall and retail management, within the business services industry. It was incorporated on 21 September 2005 and is registered under CIN U45201GJ2005PTC123306. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ruchi Malls was incorporated on 21 September 2005. It is registered with the Registrar of Companies, Ahmedabad.
Ruchi Malls had 2 directors:
- Asheesh Mohta - Director
- Siddharth Nawal - Director
The CIN (Corporate Identification Number) of Ruchi Malls is U45201GJ2005PTC123306. 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 Ruchi Malls is at Plot No. 216 T.P Scheme 1 Near Vastrapur Lake, Ahmedabad, Gujarat, India – 380054.
Ruchi Malls can be reached through the website ahmedabadone.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Ruchi Malls on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Ruchi Malls has 3 GST registrations on record and all of them are cancelled or inactive.
Ruchi Malls operated in the business services industry, in the mall and retail management segment.
Ruchi Malls has 6 deals on record (3 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹51.88 Cr; the latest was in September 2017.