About Agarwal Developers Private Ltd.
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Agarwal Developers Private Ltd. is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 August 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1985PTC021884. Its GSTIN is 07AAACA2520N1ZW (Delhi).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹7.5 Lakh. It is led by directors including Nitin Aggarwal and Ramesh Chandra Agarwal.
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 M – I South Extension – II, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.81 Lakh (net margin 4.4%) and EBITDA of ₹14.48 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹31.3 Cr and satisfied charges of ₹3.58 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agarwaldevelopers.in.
Company details
CIN history
Agarwal Developers has one previous CIN (Corporate Identification Number): U74899DL2005PTC021884. The current CIN is U74899DL1985PTC021884, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1985PTC021884 | Current |
| U74899DL2005PTC021884 | Previous |
Contact details
Agarwal Developers Private Ltd.'s registered office is in New Delhi, Delhi. Its website is agarwaldevelopers.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressM – I South Extension – II, New Delhi, Delhi, India – 110049
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Agarwal Developers Private Ltd., 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 Agarwal Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Agarwal Developers Private Ltd., buy the company report.
Financials of Agarwal Developers Private Ltd.
FY 2023 filings availableAgarwal Developers Private Ltd. reported revenue of ₹2.23 Cr (up 450% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 450% growth in the latest year. EBITDA rose 178% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹14.48 Lakh | ||||
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| Net Profit (PAT) | ₹9.81 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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| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Agarwal Developers Private Ltd., buy the company report.
Board of directors of Agarwal Developers Private Ltd.
Agarwal Developers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Aggarwal Also directs: Gwala Ji Agro LLP, Trilok Farms Private Limited, Snowview Estates Private Limited and 5 more | Director | 17 Jul 2000 | 26 Years 3 Months | Current |
| Ramesh Chandra Agarwal Also directs: Snowview Estates Private Limited, Agarwal Apartments Private Limited, Agarwal Estates Private Limited and 5 more | Director | 04 Jan 2023 | 3 Years 9 Months | Current |
| Manish Aggarwal Also directs: Gwala Ji Agro LLP, Trilok Farms Private Limited, Snowview Estates Private Limited and 5 more | Director | 17 Jul 2000 | 26 Years 3 Months | Current |
Auditor
Agarwal Developers Private Ltd. is audited by BHUPINDER SHAH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUPINDER SHAH & CO | FY 2021 | 008169N |
Shareholding
The shareholding of Agarwal Developers Private Ltd. is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Agarwal Developers Private Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2020 | 100391352 | Idbi Trusteeship Services Limited | ₹31.3 Cr | Open | |
| 29 Jan 2008 | 10088224 | Punjab & Sind Bank | ₹3.58 Cr | Satisfied |
To see the full charge records of Agarwal Developers Private Ltd., buy the company report.
Total charge records: 2 View all charges
Legal cases
Agarwal Developers Private Ltd. has 13 court cases on record: 7 filed by Agarwal Developers, 6 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
| District courts | 3 | 3 | 2 |
| NCLT | 3 | 2 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Central Business Services P Ltd. | Pending |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Icon Buildcon Private Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Icon Buildcon Pvt. Ltd. & Ors | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed by the company against Icon Buildcon Pvt Ltd | Disposed |
| High Court of Delhi | Court case (RFA(OS)) | Filed by the company against M/S Icon Buildcon Pvt Ltd | Disposed |
To see the full case history of Agarwal Developers Private Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Agarwal Developers Private Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Agarwal Developers has 7 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Agarwal Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACA2520N1ZW | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Agarwal Developers Private Ltd., buy the company report.
Recent activity
Agarwal Developers Private Ltd. has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Ramesh Chandra Agarwal was appointed as Director on 04 Jan 2023.
Frequently asked questions
Agarwal Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 August 1985 (41+ years old) and is registered under CIN U74899DL1985PTC021884.
Agarwal Developers has 3 current directors:
- Nitin Aggarwal - Director
- Ramesh Chandra Agarwal - Director
- Manish Aggarwal - Director
The latest financial statements of Agarwal 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 2015 are in the company report.
The GSTIN of Agarwal Developers is 07AAACA2520N1ZW, registered in Delhi.
The CIN (Corporate Identification Number) of Agarwal Developers is U74899DL1985PTC021884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agarwal Developers has 13 court cases on record: 7 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
Agarwal Developers was incorporated on 28 August 1985, making it 41+ years old. It is registered with the Registrar of Companies, Delhi.
Ramesh Chandra Agarwal was appointed as Director on 04 Jan 2023. Ramesh Chandra Agarwal ceased to be Director on 02 Jan 2023. Manish Aggarwal was appointed as Director on 17 Jul 2000. Agarwal Developers has 4 board changes on record in total.
Agarwal Developers can be reached through the website agarwaldevelopers.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Agarwal Developers is at M – I South Extension – II, New Delhi, Delhi, India – 110049.