India's Richest People 2026 edition · Source: Hurun India
Rank#1,673- Wealth
- ₹1,100 Cr
- Company
- Kanakia Spaces Realty
Current companies 38 active board seats
Past companies 49 historical roles
Total affiliations 87 Since Feb 1993
Shareholding value •••• Premium profile
About Rasesh Babubhai Kanakia
Data last updated:
Rasesh Babubhai Kanakia is a Whole-Time Director at Kanakia Spaces Realty Private Limited (since 2007), Director at Kanakia Future Realty Private Limited (since 2019) and Whole-Time Director at Cineline India Limited (since 2002), and holds 35 more current directorships. The companies operate in Real Estate and Construction, Events and Entertainment and Travel and Hospitality. The 13 current companies with reported revenue have a combined latest revenue of ₹2,720 Cr; the largest is Kanakia Spaces Realty Private Limited at ₹1,252 Cr (FY 2024). Earlier, Rasesh Babubhai Kanakia was a Whole-Time Director at Cinemax India Limited (2011–2013) and Additional Director at Vrusti Builders Private Limited (2014) and 47 more.
Rasesh Kanakia is #1,673 among India's richest people (2026), with wealth of ₹1,100 Cr.
DIN 00015857
Primary Designation Whole-Time Director
Industry Real Estate and Construction
First Appointment 02 Feb 1993
Oldest Company Age 78 yrs
Largest company Kanakia Spaces Realty Private Limited · ₹1,252 Cr (FY 2024)
Combined revenue ₹2,720 Cr across 13 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Kanakia Spaces Realty Private Limited U45201MH2004PTC146948 | Whole-Time Director | 21 Nov 2007 | 2004 | ₹1,252 Cr (FY 2024) | Active |
| Kanakia Future Realty Private Limited U70109MH2019PTC331509 | Director | 10 Oct 2019 | 2019 | ₹788 Cr (FY 2024) | Active |
 Cineline India Limited L92142MH2002PLC135964 | Whole-Time Director | 22 May 2002 | 2002 | ₹213 Cr (FY 2025) | Active |
| Kanakia Spaces Private Limited U45200MH1992PTC069422 | Director | 25 Nov 1994 | 1992 | ₹176 Cr (FY 2024) | Active |
| Kanakia Hotels & Resorts Private Limited U55206MH2007PTC168670 | Director | 11 Apr 2023 | 2007 | ₹155 Cr (FY 2024) | Active |
| Atithya Inn Private Limited U68100MH2009PTC252506 | Director | 18 Feb 2010 | 2009 | ₹112 Cr (FY 2024) | Active |
| Periwinkle Constructions Private Limited U45202MH2010PTC201416 | Director | 14 Mar 2023 | 2010 | ₹7.58 Cr (FY 2025) | Active |
| Ashish Land & Property Developers Private Limited U45200MH2007PTC168470 | Director | 24 Sep 2025 | 2007 | ₹7.24 Cr (FY 2025) | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Cinemax India Limited L93030DL2011PLC262151 | Whole-Time Director | 30 Sep 2011 | 2011 | Amalgamated | |
 Vrusti Builders Private Limited U45200MH1995PTC092842 | Additional Director | 14 Aug 2014 | 1995 | ₹10,000 (FY 2024) | Active |
| Jagdamba Infrastructure Private Limited U45200MH2004PTC147362 | Director | 20 Jun 2019 | 2004 | Active | |
| Sadguru-Krupa Constructions Private Limited U45200MH2005PTC150833 | Director | 27 Jan 2005 | 2005 | Active | |
| Kanakia Builders Private Limited U45200MH2008PTC181564 | Director | 24 Apr 2008 | 2008 | Active | |
| Bhagmati Constructions Private Limited U45200MH2010PTC201239 | Additional Director | 29 Jan 2019 | 2010 | Active | |
| Gupta Infrastructure ( India ) Private Limited U45200WB2005PTC284839 | Director | 09 Nov 2005 | 2005 | ₹47.72 Cr (FY 2026) | Active |
| R&H Homes Private Limited U45202MH2008PTC181565 | Director | 24 Apr 2008 | 2008 | ₹77.2 Lakh (FY 2017) | Amalgamated |
| India Tube Mills And Metal Industries Private Limited U29130MH1948PTC006425 | Additional Director | 29 May 2018 | 1948 | ₹3.10 Cr (FY 2017) | Dissolved Under Section 59(8) |
| Evergreen Home Makers Pvt Ltd U45200MH1993PTC070610 | Director | 02 Feb 1993 | 1993 | Amalgamated | |
| Kanakia Properties Private Limited U45200MH1994PTC083271 | Director | 25 Nov 1994 | 1994 | Amalgamated | |
| Indicon Developers Private Limited U45200MH1994PTC083490 | Director | 15 Sep 1998 | 1994 | Amalgamated | |
| Vrusti Real Estate Developers Private Limited U45200MH2007PTC168508 | Director | 05 Feb 2008 | 2007 | Amalgamated | |
| Kanakia Aneth Construction Private Limited U45200MH2010PTC209374 | Director | 23 Oct 2010 | 2010 | Converted To Llp | |
| Vrusti Property Developers Private Limited U45202MH2010PTC199826 | Director | 08 Feb 2010 | 2010 | Strike Off | |
| Kanakia Bhumi Construction Private Limited U45400MH2010PTC207486 | Director | 07 Sep 2010 | 2010 | Amalgamated |
Explore Director's current and past company associations Uncover their professional journey today!
Board colleagues of Rasesh Babubhai Kanakia
Directorship timeline
Open interactive timeline →Kanakia Vihang Construction Llp
Kanvi Construction Llp
Kanakia Cafe La Casa Llp
Kanakia Elite Salon & Spa Llp
Premium access
Shareholding and investment profile for Rasesh Babubhai Kanakia
Company-level share counts, filed values, and quarterly changes require authenticated premium access.
- Company-level holdings
- Filed share counts
- Reported values
- Quarterly changes
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rasesh Babubhai Kanakia
Rasesh Babubhai Kanakia currently holds 38 directorships: Kanakia Spaces Realty Private Limited (Whole-Time Director, since 21 Nov 2007, revenue ₹1,252 Cr (FY 2024)); Kanakia Future Realty Private Limited (Director, since 10 Oct 2019, revenue ₹788 Cr (FY 2024)); Cineline India Limited (Whole-Time Director, since 22 May 2002, revenue ₹213 Cr (FY 2025)); Kanakia Spaces Private Limited (Director, since 25 Nov 1994, revenue ₹176 Cr (FY 2024)); Kanakia Hotels & Resorts Private Limited (Director, since 11 Apr 2023, revenue ₹155 Cr (FY 2024)); and 33 more.
Rasesh Babubhai Kanakia was first appointed on 02 Feb 1993 as Director at Evergreen Home Makers Pvt Ltd. The most recent appointment on record is 17 May 2026 at Kanakia Bkc Properties Private Limited.
The 13 current companies of Rasesh Babubhai Kanakia that report revenue have a combined latest revenue of ₹2,720 Cr: Kanakia Spaces Realty Private Limited ₹1,252 Cr (FY 2024); Kanakia Future Realty Private Limited ₹788 Cr (FY 2024); Cineline India Limited ₹213 Cr (FY 2025); Kanakia Spaces Private Limited ₹176 Cr (FY 2024); Kanakia Hotels & Resorts Private Limited ₹155 Cr (FY 2024); and 8 more.
Rasesh Babubhai Kanakia held 49 earlier board appointments: Cinemax India Limited (Whole-Time Director, 30 Sep 2011 to 08 Jan 2013); Vrusti Builders Private Limited (Additional Director, 14 Aug 2014 to 30 Sep 2014); Jagdamba Infrastructure Private Limited (Director, 20 Jun 2019 to 24 Sep 2025); Sadguru-Krupa Constructions Private Limited (Director, 27 Jan 2005 to 05 Mar 2015); Kanakia Builders Private Limited (Director, 24 Apr 2008 to 05 Mar 2015); and 44 more.
The current boards of Rasesh Babubhai Kanakia's companies include Himanshu Babubhai Kanakia (Kanakia Spaces Realty Private Limited), Hiral Himanshu Kanakia (Cineline India Limited), Naushad Alimohmed Panjwani (Cineline India Limited), Palkeshkumar Suresh Jain (Cineline India Limited), Sanjiv Batukbhai Mehta (Cineline India Limited), Shantilal Vershi Haria (Cineline India Limited), among others.