Bombay Isle Developers Private Limited
About Bombay Isle Developers Private Limited
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Bombay Isle 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 25 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1999PTC122343. Its GSTIN is 27AABCB5317P1ZF (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Amit Amarchand Narang and Gunit Amit Narang.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.08 Lakh. For the same year it recorded a net loss of ₹3.05 Lakh (net margin -9.5%) and EBITDA of ₹28.93 Lakh (EBITDA margin 90.2%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 36% over five years.
Its group structure includes 11 subsidiaries.
As per MCA filings, the company has open charges of ₹87.5 Lakh and satisfied charges of ₹1 Cr on record. Court records list 37 cases involving the company, including 16 filed by the company and 21 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bombay Isle Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNarang Manor Plot No 96 – B Ground Floor 15th Road B, Andra – W, Mumbai, Maharashtra, India – 400050
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Bombay Isle 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
Financials of Bombay Isle Developers Private Limited
FY 2024 filings availableBombay Isle Developers Private Limited reported revenue of ₹32.08 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years. EBITDA rose 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹28.93 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹3.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 90.2% | ||||
| Net Profit Margin | -9.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bombay Isle Developers Private Limited, buy the company report.
Board of directors of Bombay Isle Developers Private Limited
Bombay Isle Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Amarchand Narang Also directs: Narang and Mahaveer Developers LLP, Ameet Narang Landschaft LLP, Csango Industries Private Limited and 5 more | Director | 25 Oct 1999 | 26 Years 11 Months | Current |
| Gunit Amit Narang Also directs: Ameet Narang Landschaft LLP, Csango Industries Private Limited, Navrang Leathers Pvt Ltd and 5 more | Director | 01 Jul 2002 | 24 Years 3 Months | Current |
Peer comparison
Bombay Isle 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dharvik Infrastructures Private Limited | ₹32.09 Lakh (FY 2025) | -62.0% | Lucknow, Uttar Pradesh, India | |||
| CJ Infrastructure Private Limited | ₹32.09 Lakh (FY 2025) | -27.0% | New Delhi, Delhi, India | |||
| Bombay Isle Developers Private Limitedthis company | ₹32.08 Lakh (FY 2024) | -₹3.05 Lakh | -9.5% | Mumbai, Maharashtra, India | ||
| Mundeshwary Buildcon and Developers Private Limited | ₹32.05 Lakh (FY 2024) | -66.0% | Patna, Bihar, India |
To see the full peer comparison of Bombay Isle Developers Private Limited, buy the company report.
Auditor
Bombay Isle Developers Private Limited is audited by VIPUL SUBHASH& ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIPUL SUBHASH& ASSOCIATES | FY 2023 | 148792W |
Shareholding
The shareholding of Bombay Isle 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bombay Isle Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2017 | 100128758 | Tata Capital Financial Services Limited | ₹87.5 Lakh | Open | |
| 05 Jan 2008 | 10085994 | State Bank of Saurashtra | ₹1 Cr | Satisfied |
To see the full charge records of Bombay Isle Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Bombay Isle Developers Private Limited has 37 court cases on record: 16 filed by Bombay Isle Developers, 21 filed against it. 7 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 9 | 5 |
| High courts | 16 | 10 | 1 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Iifl Home Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Tata Capital Financial Services Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Iifl Home Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Aditya Birla Finance Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Tata Capital Financial Services Ltd. Th. Sudheer Anurodh Julius | Disposed |
To see the full case history of Bombay Isle 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 Bombay Isle Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bombay Isle Developers has 11 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Csango Industries Private Limited | U19100MH1996PTC098424 | |
| Navrang Leathers Pvt Ltd | U19200MH1982PTC028665 | |
| Narang Developers Private Limited | U45200MH1990PTC058917 | |
| Green Tree Properties Private Limited | U45200MH1994PTC083457 | |
| Swayam Housing Private Limited | U45201MH2011PTC214690 | |
| Pacific Link Export Industries Private Limited | U52324MH1988PTC047864 |
To see the full group structure of Bombay Isle Developers Private Limited, buy the company report.
GST
Bombay Isle Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB5317P1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bombay Isle Developers Private Limited, buy the company report.
Recent activity
Bombay Isle Developers Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Amarchand Lakhmichand Narang ceased to be Director on 30 Dec 2016.
Frequently asked questions
Bombay Isle 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 25 October 1999 (27+ years old) and is registered under CIN U45200MH1999PTC122343.
Bombay Isle Developers has 2 current directors:
- Amit Amarchand Narang - Director
- Gunit Amit Narang - Director
The latest financial statements of Bombay Isle Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bombay Isle Developers is 27AABCB5317P1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bombay Isle Developers is U45200MH1999PTC122343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bombay Isle Developers has 37 court cases on record: 16 filed by the company and 21 filed against it. 7 are pending. Most are in the district courts.
Bombay Isle Developers was incorporated on 25 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bombay Isle Developers by revenue are Dharvik Infrastructures Private Limited, CJ Infrastructure Private Limited, Mundeshwary Buildcon and Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Amarchand Lakhmichand Narang ceased to be Director on 30 Dec 2016. Kunal Dilip Narang ceased to be Director on 18 Aug 2015. Gunit Amit Narang was appointed as Director on 01 Jul 2002. Bombay Isle Developers has 4 board changes on record in total.
The registered office of Bombay Isle Developers is at Narang Manor Plot No 96 – B Ground Floor 15th Road B, Andra – W, Mumbai, Maharashtra, India – 400050.
Bombay Isle Developers operates in the real estate and construction industry, in the real estate builders and developers segment.