Heron Developers Private Limited
About Heron Developers Private Limited
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Heron Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2005PTC155514.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kartik Jagdishkumar Parikh and Vipul Pravinchandra Jhaveri.
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 is at 401 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2022, the company reported a revenue of ₹90 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹67.47 Lakh (net margin 75%) and EBITDA of ₹86.87 Lakh (EBITDA margin 96.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 129% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Heron Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Heron 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
Financials of Heron Developers Private Limited
FY 2022 filings availableHeron Developers Private Limited reported revenue of ₹90 Lakh (down 87% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 87% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 129%. EBITDA fell 87% 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
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| EBITDA | ₹86.87 Lakh | ||||
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| Net Profit (PAT) | ₹67.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 96.5% | ||||
| Net Profit Margin | 75% | ||||
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To see the full financial statements and ratios of Heron Developers Private Limited, buy the company report.
Board of directors of Heron Developers Private Limited
Heron Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartik Jagdishkumar Parikh Also directs: Amelia Exports LLP, RSB Developers Private Limited, Dhamal Properties Private Limited and 3 more | Director | 30 Jun 2014 | 12 Years 3 Months | Current |
| Vipul Pravinchandra Jhaveri | Director | 22 Aug 2005 | 21 Years 2 Months | Current |
| Chaitya Lalit Adani Also directs: Bowen Developers LLP, Catalina Developers LLP, Green Stream Farms and Agro Private Limited and 5 more | Director | 04 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Heron Developers Private Limited is audited by Jain & Kachhawaha for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain & Kachhawaha | FY 2017 | 004222C |
Shareholding
The shareholding of Heron Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Heron Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Heron Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Heron Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Heron Developers has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Heron Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Heron Developers Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Chaitya Lalit Adani ceased to be Additional Director on 28 Sep 2023.
Frequently asked questions
Heron Developers 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 22 August 2005 (21+ years old) and is registered under CIN U70100MH2005PTC155514.
Heron Developers has 3 current directors:
- Kartik Jagdishkumar Parikh - Director
- Vipul Pravinchandra Jhaveri - Director
- Chaitya Lalit Adani - Director
The latest financial statements of Heron Developers 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.
The CIN (Corporate Identification Number) of Heron Developers is U70100MH2005PTC155514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heron Developers was incorporated on 22 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Chaitya Lalit Adani ceased to be Additional Director on 28 Sep 2023. Chaitya Lalit Adani was appointed as Director on 04 Nov 2022. Kartik Jagdishkumar Parikh ceased to be Additional Director on 30 Sep 2014. Heron Developers has 6 board changes on record in total.
The registered office of Heron Developers is at 401 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004.
Heron Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Heron Developers is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.
Heron Developers can be reached at its registered office: 401 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004.