Alka Developers Private Limited
About Alka Developers Private Limited
Data last updated:
Alka 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 19 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1987PTC045034. Its GSTIN is 27AAACA4192L1ZI (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹89,300. It is led by directors including Rupam Naishadh Patel and Ajay Bhanwarlal Jain.
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 601 Jolly Bhavan No.2 New Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.24 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.22 Cr (net margin 52.4%) and EBITDA of ₹2.94 Cr (EBITDA margin 69.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹26.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address601 Jolly Bhavan No.2 New Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Alka Developers Private Limited
The main business activity of Alka Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Alka Developers Private Limited FY 2025 filings available
Alka Developers Private Limited reported revenue of ₹4.24 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Alka Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 14% growth 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 of Alka Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.94 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.22 Cr | •••• | •••• | •••• | •••• |
| 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 of Alka Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 52.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Alka Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Alka Developers Private Limited
Alka Developers Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gothi Plascon (India) Limited Listed | •••• | •••• | •••• | •••• | - | Pondicherry, India |
| Crimson Property Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Offshore Hookup and Construction Services (I) Pvt Ltd | •••• | •••• | •••• | •••• | - | Chembur, Maharashtra, India |
| LM Industrial Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Windtree Infra Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Alka Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| PVK Koramangala Development Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Royal Touch Aluminium Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Ray-Hans Luminaries Private Limited | •••• | •••• | •••• | •••• | - | Kochi, Kerala, India |
| Think Big Networks Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Welfare Properties Private Limited | •••• | •••• | •••• | •••• | - | Goregaon Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Alka Developers by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Alka Developers Private Limited
Alka Developers Private Limited is audited by V M PANDYA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V M PANDYA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Alka Developers Private Limited
Alka Developers has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupam Naishadh Patel Also directs: Kanaklata Properties Private Limited | Director | 16 Sep 2022 | 4 Years 0 Months | Current |
| Ajay Bhanwarlal Jain | Director | 01 Feb 2010 | 16 Years 8 Months | Current |
| Namrata Naishad Patel Also directs: Kanaklata Properties Private Limited | Director | 30 Jan 2002 | 24 Years 8 Months | Current |
| Chandmal Kishanlal Kothari | Director | 20 Mar 2015 | 11 Years 6 Months | Current |
Ownership and Shareholding of Alka Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Alka Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2017 | Axis Bank Limited | ₹9.15 Cr | Satisfied |
| 29 Feb 2016 | State Bank of Travancore | ₹9.75 Cr | Satisfied |
| 09 Aug 2007 | Vijaya Bank | ₹7.9 Cr | Satisfied |
Total charge records: 3 View all charges
MSME Payment Delays by Alka Developers Private Limited
Alka Developers Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jain & Jain | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Alka Developers Private Limited
Employment history and EPFO contributions of people linked to Alka Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Alka Developers Private Limited
Alka Developers has one previous CIN (Corporate Identification Number): U65910MH2004PTC045034. The current CIN is U65910MH1987PTC045034, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910MH1987PTC045034 | Current |
| U65910MH2004PTC045034 | Previous |
Recent Activity on Alka Developers Private Limited
Alka Developers Private Limited has 10 board changes on record since 2002: 4 appointments and 6 cessations. The latest: Naishadh Natwarlal Patel ceased to be Director on 18 Nov 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Alka Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Alka Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Alka Developers Private Limited
Alka Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA4192L1ZI | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Alka Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Alka Developers Private Limited
Alka 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 19 October 1987 (39+ years old) and is registered under CIN U65910MH1987PTC045034.
Alka Developers reported revenue of ₹4.24 Cr for FY 2024 (up 14% YoY).
Alka Developers has 4 current directors:
- Rupam Naishadh Patel - Director
- Ajay Bhanwarlal Jain - Director
- Namrata Naishad Patel - Director
- Chandmal Kishanlal Kothari - Director
Alka Developers reported a net profit of ₹2.22 Cr (net margin 52.4%) and EBITDA of ₹2.94 Cr (EBITDA margin 69.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Alka Developers is 6% over three years and 6% over five years. In the latest year (FY 2024) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Alka Developers is 27AAACA4192L1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Alka Developers is U65910MH1987PTC045034. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alka Developers was incorporated on 19 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Alka Developers by revenue are Gothi Plascon (India) Limited, Crimson Property Private Limited, Offshore Hookup and Construction Services (I) Pvt Ltd, LM Industrial Solutions Private Limited, Windtree Infra Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Naishadh Natwarlal Patel ceased to be Director on 18 Nov 2024. Susheela Bai ceased to be Director on 06 Feb 2024. Rupam Naishadh Patel ceased to be Additional Director on 05 Feb 2024. Alka Developers has 10 board changes on record in total.
Alka Developers has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 17 Nov 2019.
The registered office of Alka Developers is at 601 Jolly Bhavan No.2 New Marine Lines, Mumbai, Maharashtra, India – 400020.