Airtight Developers Private Limited
About Airtight Developers Private Limited
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Airtight Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 25 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2012PTC233758. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Gupta Re-Development Private Limited and Sanhash Motors Private Limited. It is led by directors Siddharth Sudhir Gupta and Anita Gupta Ashwinkumar.
Its last annual general meeting (AGM) was held on 15 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.79 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 27.1%) and EBITDA of ₹3.01 Lakh (EBITDA margin 52%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹80 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Airtight Developers has undergone 10 name changes throughout its history. The current legal name is Airtight Developers Private Limited.
| Company Name | Status |
|---|---|
| Airtight Developers Private Limited | Current |
| Gupta Re-Development Private Limited | Previous |
| Sanhash Motors Private Limited | Previous |
| Gupta Awas Private Limited | Previous |
| Gupta Nirmit Private Limited | Previous |
| Gupta Grih Nirman Private Limited | Previous |
| Cross Border Developers Private Limited | Previous |
| Cross Water Developers Private Limited | Previous |
| Residencia Development Private Limited | Previous |
| Around Globe Developers Private Limited | Previous |
| Domus Operandi Private Limited | Previous |
CIN history
Airtight Developers has one previous CIN (Corporate Identification Number): U50102MH2012PTC233758. The current CIN is U70100MH2012PTC233758, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH2012PTC233758 | Current |
| U50102MH2012PTC233758 | Previous |
Contact details
Airtight Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No.301 – 304 3rd Floor Tower A Naman Midtown Off Sb Marg Elphinstone R, Oad(West), Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Airtight 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 Airtight Developers Private Limited
FY 2025 filings availableAirtight Developers Private Limited reported revenue of ₹5.79 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA fell 14% 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 | ₹3.01 Lakh | ||||
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| Net Profit (PAT) | ₹1.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52% | ||||
| Net Profit Margin | 27.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Airtight Developers Private Limited, buy the company report.
Board of directors of Airtight Developers Private Limited
Airtight Developers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Sudhir Gupta Also directs: India Steel International Private Limited, Gupta Redevelopers LLP, Level Enterprises LLP and 5 more | Director | 10 Mar 2015 | 11 Years 7 Months | Current |
| Anita Gupta Ashwinkumar | Director | 07 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Airtight Developers Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reward Plazza Private Limited | ₹5.82 Lakh (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Ras Erectors Private Limited | ₹5.82 Lakh (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| The Rampuria Estates Pvt Ltd | ₹5.82 Lakh (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Texmaco Nymwag Rail & Components Private Limited | ₹5.8 Lakh (FY 2025) | -97.0% | Kolkata, West Bengal, India | |||
| Airtight Developers Private Limitedthis company | ₹5.79 Lakh (FY 2025) | ₹1.57 Lakh | 27.1% | 5.0% | Mumbai, Maharashtra, India | |
| Himalayan Gurukul Ltd. | ₹5.78 Lakh (FY 2025) | 2.0% | Siliguri, West Bengal, India |
To see the full peer comparison of Airtight Developers Private Limited, buy the company report.
Auditor
Airtight Developers Private Limited is audited by THANAWALA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THANAWALA & CO | FY 2019 | 110948W |
Shareholding
The shareholding of Airtight Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Airtight Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2015 | 10614048 | Edelweiss Retail Finance Limited | ₹80 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Airtight Developers Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Edelweiss Retail Finance Limited and 1 other | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Edelweiss Retail Finance Limited Through Its Authorized Officer Mr Abhinav Sinha | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Edelweiss Retail Finance Limited.. | Disposed |
To see the full case history of Airtight Developers Private Limited, 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 Airtight Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Airtight Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Airtight Developers Private Limited, buy the company report.
Recent activity
Airtight Developers Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Anita Gupta Ashwinkumar ceased to be Additional Director on 30 Sep 2019.
1 earlier event is in the company report.
Frequently asked questions
Airtight Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 25 July 2012 (14+ years old) and is registered under CIN U70100MH2012PTC233758.
Airtight Developers has 2 current directors:
- Siddharth Sudhir Gupta - Director
- Anita Gupta Ashwinkumar - Director
The latest financial statements of Airtight Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 July 2025. Year-wise statements from 2015 are in the company report.
No. Airtight Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Airtight Developers is U70100MH2012PTC233758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airtight Developers has 6 court cases on record: 6 filed against it. 2 are pending.
Airtight Developers was incorporated on 25 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Airtight Developers by revenue are Reward Plazza Private Limited, Ras Erectors Private Limited, The Rampuria Estates Pvt Ltd, Texmaco Nymwag Rail & Components Private Limited, Himalayan Gurukul Ltd, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Anita Gupta Ashwinkumar ceased to be Additional Director on 30 Sep 2019. Anita Gupta Ashwinkumar was appointed as Director on 07 May 2019. Ashwinkumar Harbanslal Gupta ceased to be Director on 07 May 2019. Airtight Developers has 9 board changes on record in total.
The registered office of Airtight Developers is at Office No.301 – 304 3rd Floor Tower A Naman Midtown Off Sb Marg Elphinstone R, OadWest, Mumbai, Maharashtra, India – 400013.
Airtight Developers operates in the financial services industry, in the real estate financing segment.