Mastone Developers Private Limited

Mastone Developers Private Limited - construction in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U45209KA2018PTC117669 Incorporated 17 October 2018 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company construction MSME · Micro
Data last updated
Revenue · FY 2023
₹1.09 Cr
▲ 64169% YoY
Net profit · FY 2023
₹11.29 Lakh
Net margin 10.3%
EBITDA · FY 2023
₹13.89 Lakh
EBITDA margin 12.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered

About Mastone Developers Private Limited

Data last updated:

Mastone Developers Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the special trade construction segment of the construction sector. It was incorporated on 17 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2018PTC117669. Its GSTIN is 29AAMCM1712E1ZL (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anwar Saleem Asma Abdulla (Managing Director) and Shajith Nekkere Aboobacker.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 41 Chokkanahalli Yelahanka, Bengaluru, Karnataka, India – 560064.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.29 Lakh (net margin 10.3%) and EBITDA of ₹13.89 Lakh (EBITDA margin 12.7%).

Mastone Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0120007).

Company details

CIN U45209KA2018PTC117669
Registration Number 117669
Incorporation Date 17 October 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0120007

Recognitions & Rankings of Mastone Developers

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-KR-03-0120007

Contact details

Mastone Developers Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No. 41 Chokkanahalli Yelahanka, Bengaluru, Karnataka, India – 560064
  • Industry
    Construction, Special Trade Construction, Complete Constructions, Civil Engineering

To see the full contact details of Mastone Developers Private Limited, buy the company report.

Comprehensive company report
Mastone Developers Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Mastone Developers is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Mastone Developers Private Limited, buy the company report.

Financials of Mastone Developers Private Limited

FY 2023 filings available

Mastone Developers Private Limited reported revenue of ₹1.09 Cr (up 64169% YoY) for FY 2023.

Revenue · FY 2023
₹1.09 Cr ▲ 64169%
Net profit · FY 2023
₹11.29 Lakh margin 10.3%
EBITDA · FY 2023
₹13.89 Lakh margin 12.7%

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹13.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.29 Lakh
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin12.7%
Net Profit Margin10.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Mastone Developers Private Limited, buy the company report.

Board of directors of Mastone Developers Private Limited

Mastone Developers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shajith Nekkere AboobackerDirector17 Oct 20188 Years 0 MonthsCurrent
Anwar Saleem Asma AbdullaManaging Director17 Oct 20188 Years 0 MonthsCurrent
Masthikund Abdul Rahiman Mohammed AshreedDirector25 Feb 20215 Years 8 MonthsCurrent

Peer comparison

Mastone Developers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (buildings), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Siddhi Infracon Vizag Private Limited₹1.09 Cr (FY 2018)-61.0%Visakhapatnam, Andhra Pradesh, India
Pushpanjali Dwellings Private Limited₹1.09 Cr (FY 2024)109.0%Agra, Uttar Pradesh, India
Up Township Infrastructure Private Limited₹1.09 Cr (FY 2025)-96.0%Delhi, India
Sunwise Realbuild Private Limited₹1.09 Cr (FY 2024)-54.0%Narnaul, Haryana, India
Ivrcl Aranya Projects Private Limited₹1.09 Cr (FY 2025)Hyderabad, Telangana, India
Mastone Developers Private Limitedthis company₹1.09 Cr (FY 2023)₹11.29 Lakh10.3%64169.0%Bengaluru, Karnataka, India
Sapphire Erection Services India Limited₹1.09 Cr (FY 2017)Delhi, India
Manovsis Realty India Private Limited₹1.09 Cr (FY 2024)95.0%Madurai, Tamil Nadu, India
White Vibes Private Limited₹1.09 Cr (FY 2017)23.0%Thrissur, Kerala, India
Myenvire Developers Private Limited₹1.09 Cr (FY 2024)-45.0%Ghatkesar, Telangana, India
Keppel Puravankara Development Private Limited₹1.09 Cr (FY 2025)-17.0%Bangalore, Karnataka, India

To see the full peer comparison of Mastone Developers Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mastone Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mastone Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAMCM1712E1ZLKarnatakaActive12 Apr 2019

To see the full GST registrations and return filing status of Mastone Developers Private Limited, buy the company report.

Recent activity

Mastone Developers Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Masthikund Abdul Rahiman Mohammed Ashreed was appointed as Director on 25 Feb 2021.

AGM
Mastone Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Mastone Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Ceased
Anwar Saleem Asma Abdulla ceased to be Director.
Ceased
Moideen Kunhi Chappadi ceased to be Director.
Appointed
Anwar Saleem Asma Abdulla was appointed as Managing Director.
Appointed
Shajith Nekkere Aboobacker was appointed as Director.
Incorporation
17 Oct 2018
Mastone Developers Private Limited was registered on 17 Oct 2018 with Roc Bangalore & aged 8 years 8 days as per MCA records.

Frequently asked questions

Mastone Developers is an active private limited company based in Bengaluru, Karnataka, India. The company works in special trade construction, within the construction industry. It was incorporated on 17 October 2018 (8+ years old) and is registered under CIN U45209KA2018PTC117669.

Mastone Developers has 3 current directors:

The latest financial statements of Mastone Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Mastone Developers is 29AAMCM1712E1ZL, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Mastone Developers is U45209KA2018PTC117669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mastone Developers was incorporated on 17 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Mastone Developers by revenue are Siddhi Infracon Vizag Private Limited, Pushpanjali Dwellings Private Limited, Up Township Infrastructure Private Limited, Sunwise Realbuild Private Limited, Ivrcl Aranya Projects Private Limited and 5 more, all in the same principal business activity (buildings).

Masthikund Abdul Rahiman Mohammed Ashreed was appointed as Director on 25 Feb 2021. Anwar Saleem Asma Abdulla ceased to be Director on 08 Jun 2020. Moideen Kunhi Chappadi ceased to be Director on 01 Mar 2020. Mastone Developers has 5 board changes on record in total.

Yes, Mastone Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0120007).

The registered office of Mastone Developers is at No. 41 Chokkanahalli Yelahanka, Bengaluru, Karnataka, India – 560064.

Mastone Developers operates in the construction industry, in the special trade construction segment.