
Raghotham Properties Private Limited
About Raghotham Properties Private Limited
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Raghotham Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Icl Lions Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1987PTC042701. Its GSTIN is 27AAACV1613M1ZB (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹7.55 Lakh. It was formerly known as Vasant Sagar Properties Pvt Ltd. It is led by directors Pushkar Dutt Bansal and Shankar Shersingh Bhandari.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 18th Floor A Wing Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per MCA filings, the company has open charges of ₹700 Cr and satisfied charges of ₹845 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending. The company has 4 deals on record (2 debt financings, 1 funding round, 1 acquisition), with disclosed funding of ₹103.88 Cr; the latest was in March 2016.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Raghotham Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address18th Floor A Wing Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Raghotham Properties 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 Raghotham Properties Private Limited
FY 2025 filings availableRaghotham Properties Private Limited reported revenue of ₹8,100 (up 5300% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years. 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
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Financial Ratios
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To see the full financial statements and ratios of Raghotham Properties Private Limited, buy the company report.
Board of directors of Raghotham Properties Private Limited
Raghotham Properties has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushkar Dutt Bansal | Director | 26 Feb 2021 | 5 Years 8 Months | Current |
| Shankar Shersingh Bhandari Also directs: Akrep Properties LLP, Prajatma Enterprises LLP, Tapaswi Mercantile Private Limited and 5 more | Director | 26 May 2021 | 5 Years 5 Months | Current |
Auditor
Raghotham Properties Private Limited is audited by B S SHARMA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S SHARMA & CO | FY 2021 | 128249W |
Shareholding
The shareholding of Raghotham Properties Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
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To see the full shareholding pattern of Raghotham Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2018 | 100179659 | Others | ₹500 Cr | Open | |
| 12 Aug 2016 | 100051940 | Yes Bank Limited | ₹200 Cr | Open | |
| 02 Feb 2015 | 10547918 | Yes Bank Limited | ₹400 Cr | Satisfied | |
| 22 Mar 2013 | 10419818 | Jammu and Kashmir Bank Limited | ₹100 Cr | Satisfied | |
| 08 Apr 2010 | 10217376 | Jammu & Kashmir Bank Limited | ₹200 Cr | Satisfied |
To see the full charge records of Raghotham Properties Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Raghotham Properties Private Limited has 4 deals on record (2 debt financings, 1 funding round, 1 acquisition), with disclosed funding of ₹103.88 Cr; the latest was in March 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Debt financing | ₹66.7 Cr | Investors: Arm Infra & Utilities Private Limited |
| Sep 2014 | Debt financing | ₹36.18 Cr | Investors: Icl Lions Private Limited , Jay Properties Private Limited |
| Aug 2010 | Acquisition | ₹151 Cr | Buyer: Icl Lions Private Limited Seller: Veena Investments Private Limited , Veena Investments Private Limited & Ashok Balwant Sanghavi |
| Mar 2009 | Funding round | ₹1 Cr | Investors: Veena Investments Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Raghotham Properties Private Limited has 5 court cases on record: 1 filed by Raghotham Properties, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| Supreme Court | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Lic Housing Finance Ltd Through Its Authorized Officer Manish Sharma | Disposed |
| Supreme Court | Court case (0816-Letter Petition & Pil Matters : SLPs filed against judgments / orders passed by the High Courts in Writ Petitions filed as PIL) | Filed by the company against Federation of Churchgate Residents and 9 others | Disposed |
| Bombay High Court | Court case (NMW) | Filed against the company by Federation of C Hurchgate Residents and Ors. | Disposed |
| Bombay High Court | Court case (PIL) | Filed against the company | Pending |
| Supreme Court | Court case (0816-Letter Petition & Pil Matters : SLPs filed against judgments / orders passed by the High Courts in Writ Petitions filed as PIL) | Filed against the company by Oval Cooperage Residents Association (Through Its President Shri Ashad Mehta) C/O 3C, Empress Court, 142, M.K. Road, , District: Mumbai ,Mumbai , Maharashtra | Disposed |
To see the full case history of Raghotham Properties 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 Raghotham Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raghotham Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV1613M1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raghotham Properties Private Limited, buy the company report.
Recent activity
Raghotham Properties Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Pushkar Dutt Bansal ceased to be Additional Director on 25 Nov 2021.
15 earlier events are in the company report.
Frequently asked questions
Raghotham Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 February 1987 (39+ years old) and is registered under CIN U70100MH1987PTC042701.
Raghotham Properties has 2 current directors:
- Pushkar Dutt Bansal - Director
- Shankar Shersingh Bhandari - Director
The latest financial statements of Raghotham Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Raghotham Properties is 27AAACV1613M1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Raghotham Properties is U70100MH1987PTC042701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raghotham Properties has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Raghotham Properties was incorporated on 25 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Raghotham Properties has 4 deals on record (2 debt financings, 1 funding round, 1 acquisition), with disclosed funding of ₹103.88 Cr; the latest was in March 2016.
Pushkar Dutt Bansal ceased to be Additional Director on 25 Nov 2021. Shankar Shersingh Bhandari ceased to be Additional Director on 25 Nov 2021. Shankar Shersingh Bhandari was appointed as Director on 26 May 2021. Raghotham Properties has 12 board changes on record in total.
The registered office of Raghotham Properties is at 18th Floor A Wing Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.

