Bip Developers Private Limited
About Bip Developers Private Limited
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Bip Developers Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Tcg Urban Infrastructure Holdings Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB2000PTC091948. Its GSTIN is 19AABCB6203A1ZC (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.3 Cr and a paid-up capital of ₹3.22 Cr. It is led by directors Prasanta Kumar Biswal and Sanjay Darolia.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.02 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹17.2 Cr (net margin 37.4%) and EBITDA of ₹40.58 Cr (EBITDA margin 88.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company is associated with 1 brand: Tcg Software. As per MCA filings, the company has open charges of ₹325 Cr and satisfied charges of ₹1,522.69 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹34.9 Cr; the latest was in March 2023. Its 3 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, 2 larger and 1 smaller; the largest is Firm Foundations & Housing Private Limited with revenue of ₹46.07 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bip Developers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBengal Intelligent Park Building – Delta 2nd Floor Block – Ep&Gp Sector V Salt Lake Electroni, Cs Complex, Kolkata, West Bengal, India – 700091
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Bip Developers 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
Bip Developers operates one associated brand: Tcg Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers business strategy, legal, and consulting services. | tcgind.com |
Business activity
The main business activity of Bip Developers 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 Bip Developers Private Limited, buy the company report.
Financials of Bip Developers Private Limited
FY 2025 filings availableBip Developers Private Limited reported revenue of ₹46.02 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 27% 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 | ₹40.58 Cr | ||||
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| Net Profit (PAT) | ₹17.2 Cr | ||||
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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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| EBITDA Margin | 88.2% | ||||
| Net Profit Margin | 37.4% | ||||
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To see the full financial statements and ratios of Bip Developers Private Limited, buy the company report.
Board of directors of Bip Developers Private Limited
Bip Developers has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanta Kumar Biswal | Director | 27 Jan 2009 | 17 Years 9 Months | Current |
| Sanjay Darolia | Director | 26 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Bip Developers Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Firm Foundations & Housing Private Limited | ₹46.07 Cr (FY 2024) | 5.0% | Tamil Nadu, India | |||
| Creatoz Builders Private Limited | ₹46.05 Cr (FY 2018) | 145.0% | Mumbai, Maharashtra, India | |||
| Bip Developers Private Limitedthis company | ₹46.02 Cr (FY 2025) | ₹17.2 Cr | 37.4% | 26.0% | Kolkata, West Bengal, India | |
| Divyasree Tech Park Contractors Private Limited | ₹45.91 Cr (FY 2024) | 69.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Bip Developers Private Limited, buy the company report.
Auditor
Bip Developers Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2023 | 304026E/E-300009 |
Shareholding
The shareholding of Bip Developers 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) | |||||
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| Others |
To see the full shareholding pattern of Bip Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2025 | 101085265 | Axis Bank Limited | ₹325 Cr | Open | |
| 04 Apr 2023 | 100707950 | Axis Bank Limited | ₹249.95 Cr | Satisfied | |
| 18 Aug 2017 | 100117103 | Others | ₹240 Cr | Satisfied | |
| 24 Feb 2015 | 10567097 | Housing Development Finance Corporation Limited | ₹180 Cr | Satisfied | |
| 18 Feb 2011 | 10271669 | Idbi Trusteeship Services Limited | ₹188.76 Cr | Satisfied |
To see the full charge records of Bip Developers Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Bip Developers Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹34.9 Cr; the latest was in March 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: TCG Urban Infrastructure Holdings Private Limited Seller: Boulevard Services Private Limited |
| Sep 2008 | Funding round | ₹34.9 Cr | Investors: Boulevard Services Private Limited , Bengal Intelligent Parks Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bip Developers Private Limited has 2 court cases on record: 1 filed by Bip Developers, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court, West Bengal | Court case (ITAT) | Filed against the company by Principal Commissioner of Income Tax-1, Kolkata | Disposed |
To see the full case history of Bip Developers 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bip Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bip Developers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCB6203A1ZC | West Bengal | Active | 10 Jul 2017 |
| 29AABCB6203A1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bip Developers Private Limited, buy the company report.
Recent activity
Bip Developers Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Sanjay Darolia ceased to be Additional Director on 29 Sep 2025.
44 earlier events are in the company report.
Frequently asked questions
Bip Developers 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 08 June 2000 (26+ years old) and is registered under CIN U70101WB2000PTC091948.
Bip Developers has 2 current directors:
- Prasanta Kumar Biswal - Director
- Sanjay Darolia - Director
The latest financial statements of Bip Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bip Developers is 19AABCB6203A1ZC, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AABCB6203A1ZB (Karnataka).
The CIN (Corporate Identification Number) of Bip Developers is U70101WB2000PTC091948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bip Developers has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Bip Developers was incorporated on 08 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Kolkata.
Bip Developers has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹34.9 Cr; the latest was in March 2023.
The peers of Bip Developers by revenue are Firm Foundations & Housing Private Limited, Creatoz Builders Private Limited, Divyasree Tech Park Contractors 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).
Sanjay Darolia ceased to be Additional Director on 29 Sep 2025. Sanjay Darolia was appointed as Director on 26 Aug 2025. Vrunda Mohan Bhaip ceased to be Additional Director on 29 Sep 2018. Bip Developers has 11 board changes on record in total.
The registered office of Bip Developers is at Bengal Intelligent Park Building – Delta 2nd Floor Block – Ep&Gp Sector V Salt Lake Electroni, Cs Complex, Kolkata, West Bengal, India – 700091.
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