Balan and Chheda Developers Private Limited
About Balan and Chheda Developers Private Limited
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Balan and Chheda Developers 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 15 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1996PTC099524. Its GSTIN is 27AAACB5106D1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹17.44 Lakh. It is led by directors including Vasant Thimmaya Shetty and Dungarshi Rayshi Chheda.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A.F.F 83/A N.G Acharya Marg Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2025, the company reported a revenue of ₹6 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹72.93 Lakh and EBITDA of -₹55.76 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 60% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹45.32 Cr on record. Court records list 16 cases involving the company, including 5 filed by the company and 9 filed against it; 5 cases are pending.
Balan and Chheda Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0006665). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Balan and Chheda Developers
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA.F.F 83/A N.G Acharya Marg Chembur, Mumbai, Maharashtra, India – 400071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Financials of Balan and Chheda Developers Private Limited FY 2025 filings available
Balan and Chheda Developers Private Limited reported revenue of ₹6 Lakh (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Balan and Chheda Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 50% fall 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 Balan and Chheda Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹55.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹72.93 Lakh | •••• | •••• | •••• | •••• |
| 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 Balan and Chheda Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Balan and Chheda 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 Balan and Chheda Developers Private Limited
Balan and Chheda Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Continental Polymers Private Limited | ₹6 Lakh (FY 2023) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Simclar Properties Private Limited | ₹6 Lakh (FY 2019) | •••• | •••• | 609.0% | •••• | Hyderabad, Telangana, India |
| Noida Apartments Private Limited | ₹6 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Eden Gracious Living Private Limited | ₹6 Lakh (FY 2024) | •••• | •••• | 1037.0% | •••• | New Delhi, Delhi, India |
| Ssy Contractors & Developer Private Limited | ₹6 Lakh (FY 2023) | •••• | •••• | -86.0% | •••• | Gurgaon, Haryana, India |
| Balan and Chheda Developers Private Limited this company | ₹6 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| A B Nirvan Builders Pvt Ltd | ₹5.99 Lakh (FY 2024) | •••• | •••• | 2086.0% | •••• | Kolkata, West Bengal, India |
| Radha Madhav Promotors Private Limited | ₹5.99 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | New Delhi, Delhi, India |
| Motherhood Builders and Land Developers Limited | ₹5.99 Lakh (FY 2025) | •••• | •••• | 716.0% | •••• | Amritsar, Punjab, India |
| BKC Homes Private Limited | ₹5.98 Lakh (FY 2025) | •••• | •••• | 865.0% | •••• | Nagpur, Maharashtra, India |
| Anukampa Hotels Private Limited | ₹5.98 Lakh (FY 2025) | •••• | •••• | -31.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Balan and Chheda Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Balan and Chheda Developers Private Limited
Balan and Chheda Developers Private Limited is audited by BINITA V ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BINITA V ASSOCIATES | 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 Balan and Chheda Developers Private Limited
Balan and Chheda 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 |
|---|---|---|---|---|
| Vasant Thimmaya Shetty Also directs: Sabal Holdings Private Limited | Director | 06 Feb 2024 | 2 Years 8 Months | Current |
| Dungarshi Rayshi Chheda | Director | 15 May 1996 | 30 Years 5 Months | Current |
| Satish Balan | Director | 15 May 1996 | 30 Years 5 Months | Current |
Ownership and Shareholding of Balan and Chheda 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 Balan and Chheda Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jun 2018 | Others | ₹61.65 Lakh | Satisfied |
| 01 Jul 2016 | Others | ₹20 Cr | Satisfied |
| 28 Jun 2016 | Others | ₹20 Cr | Satisfied |
| 30 Jan 2013 | Kotak Mahindra Bank Limited | ₹1.7 Cr | Satisfied |
| 30 Dec 2006 | The Saraswat Co-Op Bank Ltd | ₹3 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Balan and Chheda Developers Private Limited
Balan and Chheda Developers Private Limited has 16 court cases on record: 5 filed by Balan and Chheda Developers, 9 filed against it, 2 where it is another party. 5 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 2 | 2 |
| District courts | 7 | 7 | 3 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMEX) | Filed against the company by Sterling Buildcon Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Sterling Buildcon Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Sant Gadge Maharaj Sra Co Operative Housing Society Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Sant Gadge Maharaj Sra Co Operative Housing Society Ltd | Pending |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Balan and Chheda Developers Private Limited
Balan and Chheda Developers Private Limited has a workforce of 3 employees as of Apr 03, 2024.
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.
Recent Activity on Balan and Chheda Developers Private Limited
Balan and Chheda Developers Private Limited has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Vasant Thimmaya Shetty was appointed as Director on 06 Feb 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Balan and Chheda 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.
MSME Payment Delays by Balan and Chheda Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Balan and Chheda 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 Balan and Chheda Developers Private Limited
Balan and Chheda Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB5106D1ZA | 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 Balan and Chheda 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 Balan and Chheda Developers Private Limited
Balan and Chheda Developers 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 15 May 1996 (30+ years old) and is registered under CIN U70100MH1996PTC099524.
Balan and Chheda Developers reported revenue of ₹6 Lakh for FY 2025 (down 50% YoY).
Balan and Chheda Developers has 3 current directors:
- Vasant Thimmaya Shetty - Director
- Dungarshi Rayshi Chheda - Director
- Satish Balan - Director
Balan and Chheda Developers reported a net loss of ₹72.93 Lakh and EBITDA of -₹55.76 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Balan and Chheda Developers is -76% over three years and -60% over five years. In the latest year (FY 2025) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Balan and Chheda Developers is 27AAACB5106D1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Balan and Chheda Developers is U70100MH1996PTC099524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balan and Chheda Developers has 16 court cases on record: 5 filed by the company and 9 filed against it. 5 are pending. Most are in the high courts.
Balan and Chheda Developers was incorporated on 15 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Balan and Chheda Developers by revenue are Continental Polymers Private Limited, Simclar Properties Private Limited, Noida Apartments Private Limited, Eden Gracious Living Private Limited, Ssy Contractors & Developer Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Vasant Thimmaya Shetty was appointed as Director on 06 Feb 2024. Nayana Savala Premji ceased to be Irp/Rp/Liquidator on 10 Oct 2023. Dungarshi Rayshi Chheda was appointed as Director on 15 May 1996. Balan and Chheda Developers has 4 board changes on record in total.