Believer Estate Developer Private Limited
About Believer Estate Developer Private Limited
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Believer Estate Developer Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70102WB2015PTC208842.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Piyush Kheria and Pranav Kheria.
Its last annual general meeting (AGM) was held on 19 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Fortuna Tower 23A Netaji Subhas Road 1st Floor Room No – 10, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.7 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹81.61 Lakh (net margin 48.1%) and EBITDA of ₹1.13 Cr (EBITDA margin 66.6%). Revenue has grown at a compounded annual rate (CAGR) of 544% over three years.
As per MCA filings, the company has satisfied charges of ₹90 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Believer Estate Developer Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressFortuna Tower 23A Netaji Subhas Road 1st Floor Room No – 10, Kolkata, West Bengal, India – 700001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Believer Estate Developer 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 Believer Estate Developer Private Limited
FY 2025 filings availableBeliever Estate Developer Private Limited reported revenue of ₹1.7 Cr (down 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 544%. EBITDA fell 38% 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 | ₹1.13 Cr | ||||
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| Net Profit (PAT) | ₹81.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 66.6% | ||||
| Net Profit Margin | 48.1% | ||||
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To see the full financial statements and ratios of Believer Estate Developer Private Limited, buy the company report.
Board of directors of Believer Estate Developer Private Limited
Believer Estate Developer has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Kheria | Director | 15 Dec 2015 | 10 Years 10 Months | Current |
| Pranav Kheria Also directs: Suntown Constructions LLP, Delightful Estate Developers LLP, Earthpure Realty LLP and 5 more | Director | 15 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
Believer Estate Developer Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rav Skyscraper Private Limited | ₹1.7 Cr (FY 2024) | 132.0% | Lucknow, Uttar Pradesh, India | |||
| Firsthouse Budget Homes Private Limited | ₹1.7 Cr (FY 2025) | 16.0% | Bangalore, Karnataka, India | |||
| Vaithianathaswamy Thunai Roarke Construction Private Limited | ₹1.7 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Suryashakti Greenlands Private Limited | ₹1.7 Cr (FY 2024) | 424.0% | Visakhapatnam, Andhra Pradesh, India | |||
| MVS Infrarealty Private Limited | ₹1.7 Cr (FY 2025) | -45.0% | Meerut, Uttar Pradesh, India | |||
| Believer Estate Developer Private Limitedthis company | ₹1.7 Cr (FY 2025) | ₹81.61 Lakh | 48.1% | -43.0% | Kolkata, West Bengal, India | |
| Buildwell Builders Private Limited | ₹1.7 Cr (FY 2025) | 93.0% | New Delhi, Delhi, India | |||
| Safal Developers Pvt.Ltd. | ₹1.7 Cr (FY 2025) | Mumbai, Maharashtra, India | ||||
| Recency Infrastructures Private Limited | ₹1.7 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Pareba Logistics Private Limited | ₹1.7 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Sukhibhava Builders and Developers Private Limited | ₹1.7 Cr (FY 2024) | -6.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Believer Estate Developer Private Limited, buy the company report.
Auditor
Believer Estate Developer Private Limited is audited by SURANA SUNIL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURANA SUNIL & CO | FY 2021 | 325616E |
Shareholding
The shareholding of Believer Estate Developer Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Believer Estate Developer Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2019 | 100246735 | Others | ₹90 Cr | Satisfied |
To see the full charge records of Believer Estate Developer Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Believer Estate Developer Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Believer Estate Developer Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Believer Estate Developer Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Believer Estate Developer Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Piyush Kheria was appointed as Director on 15 Dec 2015.
Frequently asked questions
Believer Estate Developer is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 December 2015 (11+ years old) and is registered under CIN U70102WB2015PTC208842.
Believer Estate Developer has 2 current directors:
- Piyush Kheria - Director
- Pranav Kheria - Director
The latest financial statements of Believer Estate Developer on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 August 2025. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Believer Estate Developer is U70102WB2015PTC208842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Believer Estate Developer was incorporated on 15 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Believer Estate Developer by revenue are Rav Skyscraper Private Limited, Firsthouse Budget Homes Private Limited, Vaithianathaswamy Thunai Roarke Construction Private Limited, Suryashakti Greenlands Private Limited, MVS Infrarealty Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Piyush Kheria was appointed as Director on 15 Dec 2015. Pranav Kheria was appointed as Director on 15 Dec 2015.
The registered office of Believer Estate Developer is at Fortuna Tower 23A Netaji Subhas Road 1st Floor Room No – 10, Kolkata, West Bengal, India – 700001.
Believer Estate Developer operates in the real estate and construction industry, in the real estate builders and developers segment.
Believer Estate Developer has no open charges and satisfied charges of ₹90 Cr as per latest MCA filings.
The compliance status of Believer Estate Developer is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.