Salvation Developers Limited
About Salvation Developers Limited
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Salvation Developers Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 11 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2011PLC220880.
The company has an authorised share capital of ₹37.05 Cr and a paid-up capital of ₹37.01 Cr. It is led by directors including Kunal Chatterjee (Managing Director) and Satadal Mallick.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No: 518 5th Floor Anjani Complex Parera Hill Road Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.74 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹50.69 Lakh (net margin -18.5%) and EBITDA of -₹50.69 Lakh (EBITDA margin -18.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Salvation Developers Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No: 518 5th Floor Anjani Complex Parera Hill Road Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Salvation Developers 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 Salvation Developers is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Salvation Developers Limited, buy the company report.
Financials of Salvation Developers Limited
FY 2025 filings availableSalvation Developers Limited reported revenue of ₹2.74 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 50% fall in the latest year. EBITDA fell 679% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹50.69 Lakh | ||||
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| Net Profit (PAT) | -₹50.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -18.5% | ||||
| Net Profit Margin | -18.5% | ||||
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To see the full financial statements and ratios of Salvation Developers Limited, buy the company report.
Board of directors of Salvation Developers Limited
Salvation Developers has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satadal Mallick Also directs: Wonderful Suppliers Private Limited., Improve Tie-Up Private Limited, Silverson Tradelinks Private Limited and 3 more | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Kunal Chatterjee Also directs: Wonderful Suppliers Private Limited., Improve Tie-Up Private Limited, Silverson Tradelinks Private Limited and 3 more | Managing Director | 30 Mar 2019 | 7 Years 6 Months | Current |
| Bimal Ojha Also directs: Mark Infra Projects Private Limited | Director | 23 Jun 2018 | 8 Years 4 Months | Current |
Auditor
Salvation Developers Limited is audited by M/s Murmuria & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s Murmuria & Associates | FY 2023 | 316188E |
Shareholding
The shareholding of Salvation Developers Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Salvation Developers Limited, buy the company report.
Legal cases
No court or tribunal cases involving Salvation Developers 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 Salvation Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Salvation Developers Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Salvation Developers Limited has 14 board changes on record since 2017: 3 appointments and 11 cessations. The latest: Navratan Kalwani ceased to be Director on 01 Jul 2021.
5 earlier events are in the company report.
Frequently asked questions
Salvation Developers is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 11 August 2011 (15+ years old) and is registered under CIN U70102MH2011PLC220880.
Salvation Developers has 3 current directors:
- Kunal Chatterjee - Managing Director
- Satadal Mallick - Director
- Bimal Ojha - Director
The latest financial statements of Salvation Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Salvation Developers is U70102MH2011PLC220880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salvation Developers was incorporated on 11 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Navratan Kalwani ceased to be Director on 01 Jul 2021. Satadal Mallick was appointed as Director on 01 Jul 2021. Anita Lalwani ceased to be Company Secretary on 17 Jul 2020. Salvation Developers has 14 board changes on record in total.
The registered office of Salvation Developers is at Unit No: 518 5th Floor Anjani Complex Parera Hill Road Andheri East, Mumbai, Maharashtra, India – 400099.
Salvation Developers operates in the financial services industry, in the diversified financial services segment.
The compliance status of Salvation Developers is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.
Salvation Developers can be reached at its registered office: Unit No: 518 5th Floor Anjani Complex Parera Hill Road Andheri East, Mumbai, Maharashtra, India – 400099.