About Atmosphere Realty Private Limited
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Atmosphere Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2007PTC166974. Its GSTIN is 27AADCB1183B1Z6 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Db Chandak Realtors Private Limited and Baramati Fruits & Vegetables Private Limited. It is led by directors including Manan Parag Shah and Navin Amarlal Makhija.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1008 10th Floor Krushal Commercial Complex G. M. Road Chembur (West), Mumbai, Maharashtra, India – 400089.
As per the financials filed for FY 2025, the company reported a revenue of ₹491.05 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹94.2 Cr (net margin 19.2%) and EBITDA of ₹127.12 Cr (EBITDA margin 25.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 26% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Man Infraconstruction. As per MCA filings, the company has open charges of ₹415 Cr and satisfied charges of ₹1,110 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 2 cases are pending. The company has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in March 2025. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 4 smaller; the largest is DLF Assets Limited with revenue of ₹502.34 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maninfra.com.
Company details
Name history
Atmosphere Realty has undergone 4 name changes throughout its history. The current legal name is Atmosphere Realty Private Limited.
| Company Name | Status |
|---|---|
| Atmosphere Realty Private Limited | Current |
| Db Chandak Realtors Private Limited | Previous |
| Baramati Fruits & Vegetables Private Limited | Previous |
| Mec Realtors Private Limited | Previous |
| Man Chandak Developers Private Limited | Previous |
CIN history
Atmosphere Realty has one previous CIN (Corporate Identification Number): U01119MH2007PTC166974. The current CIN is U70102MH2007PTC166974, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102MH2007PTC166974 | Current |
| U01119MH2007PTC166974 | Previous |
Contact details
Atmosphere Realty Private Limited's registered office is in Mumbai, Maharashtra. Its website is maninfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1008 10th Floor Krushal Commercial Complex G. M. Road Chembur (West), Mumbai, Maharashtra, India – 400089
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Atmosphere Realty 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
Brands
Atmosphere Realty operates one associated brand: Man Infraconstruction. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential, commercial, and infrastructure projects are developed in India. | maninfra.com |
Business activity
The main business activity of Atmosphere Realty is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Atmosphere Realty Private Limited, buy the company report.
Financials of Atmosphere Realty Private Limited
FY 2025 filings availableAtmosphere Realty Private Limited reported revenue of ₹491.05 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA rose 39% 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 | ₹127.12 Cr | ||||
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| Net Profit (PAT) | ₹94.2 Cr | ||||
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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 | 25.9% | ||||
| Net Profit Margin | 19.2% | ||||
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To see the full financial statements and ratios of Atmosphere Realty Private Limited, buy the company report.
Board of directors of Atmosphere Realty Private Limited
Atmosphere Realty has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manan Parag Shah | Director | 09 Mar 2017 | 9 Years 7 Months | Current |
| Navin Amarlal Makhija | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
| Abhay Shyamsunder Chandak | Director | 18 Mar 2011 | 15 Years 7 Months | Current |
| Manohar Moolchand Chhabria Also directs: Rituvarsha Estates Private Limited, Raghuleela Properties Private Limited, Wadhwa Realty Private Limited and 5 more | Director | 01 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Atmosphere Realty Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| DLF Assets Limited | ₹502.34 Cr (FY 2025) | 13.0% | Gurugram, Haryana, India | |||
| Atmosphere Realty Private Limitedthis company | ₹491.05 Cr (FY 2025) | ₹94.2 Cr | 19.2% | -9.0% | 39 | Mumbai, Maharashtra, India |
| Godrej Real View Developers Private Limited | ₹490.15 Cr (FY 2025) | 633.0% | Mumbai, Maharashtra, India | |||
| Vrihis Properties Private Limited | ₹488.23 Cr (FY 2022) | 2.0% | Mumbai, Maharashtra, India | |||
| South City Projects (Kolkata) Limited | ₹488.08 Cr (FY 2024) | -16.0% | Kolkata, West Bengal, India | |||
| Gillco Developers and Builders Private Limited | ₹484.43 Cr (FY 2023) | 442.0% | Kharar, Punjab, India |
To see the full peer comparison of Atmosphere Realty Private Limited, buy the company report.
Auditor
Atmosphere Realty Private Limited is audited by M. A. Parikh Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. A. Parikh Shah & Associates | FY 2023 | 0107556W |
Shareholding
The shareholding of Atmosphere Realty Private 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 Atmosphere Realty Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2025 | 101127342 | Others | ₹225 Cr | Open | |
| 30 Jun 2025 | 101124038 | Others | ₹110 Cr | Open | |
| 23 Feb 2024 | 100879389 | Others | ₹80 Cr | Open | |
| 26 Sep 2022 | 100613936 | Others | ₹100 Cr | Satisfied | |
| 24 Dec 2021 | 100517928 | Others | ₹100 Cr | Satisfied |
To see the full charge records of Atmosphere Realty Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Atmosphere Realty Private Limited has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in March 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Raghuleela Estates Private Limited , Chandak Realtors Private Limited , Man Infraconstruction Limited Seller: Wadhwa Group Holdings Private Limited, Top Notch Buildcon LLP , an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Raghuleela Estates Private Limited Seller: Wadhwa Group Holdings Private Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Wadhwa Group Holdings Private Limited Seller: Man Infraconstruction Limited , Chandak Realtors Private Limited , Top Notch Buildcon LLP |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Man Infraconstruction Limited |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: Chandak Realtors Private Limited Seller: Chandak Realtors Private Limited & Abhay Chandak |
To see the full deal history of Atmosphere Realty Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Atmosphere Realty Private Limited has 13 court cases on record: 5 filed by Atmosphere Realty, 8 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 7 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (CRE) | Filed by the company against an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Disposed |
To see the full case history of Atmosphere Realty 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.
Credit ratings & regulatory alerts
Atmosphere Realty Private Limited was last rated by Crisil on 24 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Nov 2020 |
To see the full credit ratings and regulatory alerts of Atmosphere Realty Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Atmosphere Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Atmosphere Realty Private Limited has a workforce of 39 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Atmosphere Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB1183B1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Atmosphere Realty Private Limited, buy the company report.
Recent activity
Atmosphere Realty Private Limited has 23 board changes on record since 2008: 4 appointments and 19 cessations. The latest: Rajiv Nagindas Sheth ceased to be CFO on 02 Aug 2022.
36 earlier events are in the company report.
News
Frequently asked questions
Atmosphere Realty is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 January 2007 (19+ years old) and is registered under CIN U70102MH2007PTC166974.
Atmosphere Realty has 4 current directors:
- Manan Parag Shah - Director
- Navin Amarlal Makhija - Director
- Abhay Shyamsunder Chandak - Director
- Manohar Moolchand Chhabria - Director
The latest financial statements of Atmosphere Realty on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Atmosphere Realty is 27AADCB1183B1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Atmosphere Realty is U70102MH2007PTC166974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atmosphere Realty has 13 court cases on record: 5 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Atmosphere Realty was incorporated on 12 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Atmosphere Realty has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in March 2025.
The peers of Atmosphere Realty by revenue are DLF Assets Limited, Godrej Real View Developers Private Limited, Vrihis Properties Private Limited, South City Projects (Kolkata) Limited, Gillco Developers and Builders Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Rajiv Nagindas Sheth ceased to be CFO on 02 Aug 2022. Shruti Deepen Udeshi ceased to be Director on 15 Mar 2022. Navin Amarlal Makhija ceased to be Director on 19 Mar 2020. Atmosphere Realty has 23 board changes on record in total.
Atmosphere Realty can be reached through the website maninfra.com. Its registered office is in Mumbai, Maharashtra, India.