About Ithemba Developments
Ithemba Developments is a Real Estate & Construction company. Real estate development of residential and commercial projects in Chandannagar. It operates in the Real Estate & Construction and Retail sectors. Its Indian entity Ithemba Developments Limited reported revenue of ₹2.7 Lakh. Ithemba Developments offers products and services including Residential Projects and Commercial Projects. Its focus areas include Real Estate, Residential Development, Housing Projects and Luxury Apartments.
Company details
Ithemba Developments Ltd. is recognized as a real estate developer based in Chandannagar, West Bengal. Projects such as ACASA are designed to incorporate over 40 green spaces and modern amenities, while ensuring proximity to urban services like stations and hospitals. The company is led by a locally experienced team with expertise across South Asia, focusing on responsible development of secure and affordable housing. Integration of international trends with community needs is achieved to foster ownership and environmental responsibility, creating balanced living environments.
- SectorsReal Estate & ConstructionRetail
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- Legal Name Ithemba Developments Ltd.
- Date of Incorporation 04 Jul, 2011
- Jurisdiction Hoohgly, West Bengal, India
- Indian entity revenue₹2.7 Lakh
FY 2025 · -94% YoY
- Indian entity net loss-₹1.06 Cr
FY 2025 · -3885% margin
- Indian entity EBITDA-₹84.3 Lakh
FY 2025 · -3082% margin
Associated legal entities of Ithemba Developments
Ithemba Developments operates through Ithemba Developments Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ithemba Developments Limited CIN U70109WB2011PLC164512 | Active | 04 Jul 2011 | Hoohgly, West Bengal | ₹0.0 Cr | 4 | View details |
Products & Services of Ithemba Developments
Ithemba Developments offers a comprehensive portfolio of products and services, including Residential Projects and Commercial Projects.
Development of luxury apartments with green spaces and amenities
Creation of retail and shopping centers within project premises
Board of directors of Ithemba Developments Limited (Ithemba Developments)
Ithemba Developments Limited is the primary company behind Ithemba Developments. The board of Ithemba Developments Limited currently have 4 directors; the longest-serving is Helene Miller, appointed in 2011. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Helene Miller DIN 03531237 | Director | 04 Jul 2011 | 15 yrs 3 mo | Ithemba Developments Limited |
| Shilpa Ganguly DIN 03535050 | Director | 04 Jul 2011 | 15 yrs 3 mo | Ithemba Developments Limited |
| Saumyarup Ganguly DIN 03535055 | Director | 04 Jul 2011 | 15 yrs 3 mo | Ithemba Developments Limited |
| Puspita Ganguly DIN 03530966 | Director | 04 Jul 2011 | 15 yrs 3 mo | Ithemba Developments Limited |
Financials of Ithemba Developments
Figures of Ithemba Developments Limited, the primary company behind Ithemba Developments, for FY 2025. Revenue was ₹2.7 Lakh (-94% year on year). Net loss was -₹1.06 Cr (-3885% margin). EBITDA was -₹84.3 Lakh (-3082% margin). Revenue has grown at a compounded annual rate of -83% over three years and -60% over five years.
- ₹2.7 LakhRevenue · FY 2025 · -94% YoY
- -₹1.06 CrNet loss · -3885% margin
- -₹84.3 LakhEBITDA · -3082% margin
- ₹1.32 CrPaid-up capital
- -83%Revenue CAGR, 3 years
- -60%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ithemba Developments Limited are on its company page.
Detailed financial statements for Ithemba Developments
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Frequently Asked Questions about Ithemba Developments
The primary company behind Ithemba Developments, Ithemba Developments Limited, reported revenue of ₹2.7 Lakh for FY 2025, down 94% year on year.
Ithemba Developments Ltd. is recognized as a real estate developer based in Chandannagar, West Bengal. Projects such as ACASA are designed to incorporate over 40 green spaces and modern amenities, while ensuring proximity to urban services like stations and hospitals. The company is led by a locally experienced team with expertise across South Asia, focusing on responsible development of secure and affordable housing. Integration of international trends with community needs is achieved to foster ownership and environmental responsibility, creating balanced living environments.
Ithemba Developments offers Residential Projects and Commercial Projects.
Ithemba Developments operates through Ithemba Developments Limited.
The legal entities of Ithemba Developments currently have 4 directors, including Helene Miller, Shilpa Ganguly, Saumyarup Ganguly and others.