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Ratnabhumi Developers Ltd
NSE: BSE: 540796
₹268
(4.86%)
Mon, 15 Jun 2026, 07:58 pm
Market Cap (in Cr)385.93
PE Ratio116.61
Dividend0
Finance
Real Estate Development
24.5KCompany History
2006
- The Company was incorporated as 'Navratna C G Road Properties Private Limited'.
- The Company took an unsecured loan of Rs. 3768.00 Lakhs from the parties belonging to original promoters and purchased land at cost of Rs. 44.35 Crores.
2009
- The Company was acquired by Mr. Jitendra Shah and Mr. Mahendra Shah from the original Promoters of the Company.
- The Company started the Project 'Ratna- TURQUOISE' in Ahmedabad.
- The Company's name was changed to 'Ratnabhumi Developers Private Limited'.
2012
- The Company completed the project 'TURQUOISE' in Ahmedabad.
2016
- The previous promoters Mr. Jitendra Shah and Mr. Mahendra Shah handed over their business to the next generation, i.e. Mr. Kaivan Shah and Mrs. Meghna Shah.
- Mr. Kaivan Shah and Mrs. Meghna Shah were appointed as Promoter Executive Directors of the company.
2017
- The Company has entered into Limited Liability Partnership Agreement with Rajul Projects LLP for developing project namely 'RATNA ARTEMUS II'
- The Company was converted into a public limited company and its name was changed to 'Ratnabhumi Developers Limited'.
2023
- Ratnabhumi Developer acquired additional 15% stake in Raivat Projects LLP.