- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0120007

Mastone Developers Private Limited
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
Recognitions & Rankings of Mastone Developers
Contact details
Mastone Developers Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 41 Chokkanahalli Yelahanka, Bengaluru, Karnataka, India – 560064
- IndustryConstruction, Special Trade Construction, Complete Constructions, Civil Engineering
To see the full contact details of Mastone 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
Business activity
The main business activity of Mastone Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
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 availableMastone Developers Private Limited reported revenue of ₹1.09 Cr (up 64169% YoY) for FY 2023.
Financial Statement Summary
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| EBITDA | ₹13.89 Lakh | ||||
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| Net Profit (PAT) | ₹11.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 10.3% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shajith Nekkere Aboobacker Also directs: Mastone Trading LLP | Director | 17 Oct 2018 | 8 Years 0 Months | Current |
| Anwar Saleem Asma Abdulla Also directs: Mastone Trading LLP | Managing Director | 17 Oct 2018 | 8 Years 0 Months | Current |
| Masthikund Abdul Rahiman Mohammed Ashreed | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 10.3% | 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.
Legal cases
No court or tribunal cases involving Mastone 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 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM1712E1ZL | Karnataka | Active | 12 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.
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:
- Anwar Saleem Asma Abdulla - Managing Director
- Shajith Nekkere Aboobacker - Director
- Masthikund Abdul Rahiman Mohammed Ashreed - Director
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.