DPIIT recognised startup Government of India
Startup India
Boulder Developers Private Limited
Boulder Developers Private Limited - real estate and construction in Kuttippuram, Kerala, India. Directors, charges & compliance details.
Revenue · FY 2024
₹57.45 Lakh
▲ 41% YoY
Net profit · FY 2024
₹3.25 Lakh
Net margin 5.6%
EBITDA · FY 2024
₹12.29 Lakh
EBITDA margin 21.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹1.44 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Boulder Developers Private Limited
Data last updated:
Boulder Developers Private Limited is a private limited company based in Kuttippuram, Kerala, India, recognised as a startup by DPIIT. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45500KL2020PTC062820.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Abdul Razak Valarthodi and Mohamed Iqbal Changanakattil.
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 Building No 17/1187, Kuttippuram, Kerala, India – 679571.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.45 Lakh, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹3.25 Lakh (net margin 5.6%) and EBITDA of ₹12.29 Lakh (EBITDA margin 21.4%).
As per MCA filings, the company has open charges of ₹1.44 Cr on record.
Boulder Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-09-0010864).
Company details
CIN U45500KL2020PTC062820
Registration Number 062820
Incorporation Date 10 July 2020
ROC Ernakulam
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KL-09-0010864
Recognitions & Rankings of Boulder Developers
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-09-0010864
Contact details
Boulder Developers Private Limited's registered office is in Kuttippuram, Kerala.
- Registered AddressBuilding No 17/1187, Kuttippuram, Kerala, India – 679571
- IndustryReal Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Boulder Developers Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Boulder Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Boulder Developers Private Limited, buy the company report.
Financials of Boulder Developers Private Limited
FY 2025 filings availableBoulder Developers Private Limited reported revenue of ₹57.45 Lakh (up 41% YoY) for FY 2024.
Revenue · FY 2024
₹57.45 Lakh ▲ 41%
Net profit · FY 2024
₹3.25 Lakh margin 5.6%
EBITDA · FY 2024
₹12.29 Lakh margin 21.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
EBITDA CAGR growth
1 year
▲ 104%
3 years · compounded
▲ 133%
Revenue rose 41% in the latest year. EBITDA rose 104% 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 |
|---|---|---|---|---|
| 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 | ₹12.29 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.25 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 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 21.4% | |||
| Net Profit Margin | 5.6% | |||
| 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 | ||||
To see the full financial statements and ratios of Boulder Developers Private Limited, buy the company report.
Board of directors of Boulder Developers Private Limited
Boulder Developers has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdul Razak Valarthodi | Director | 10 Jul 2020 | 6 Years 4 Months | Current |
| Mohamed Iqbal Changanakattil | Director | 10 Jul 2020 | 6 Years 4 Months | Current |
Charges & borrowings
Open charges
₹1.44 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2025 | 101198128 | State Bank of India | ₹25 Lakh | Open | |
| 30 Aug 2025 | 101187279 | State Bank of India | ₹23 Lakh | Open | |
| 02 Jun 2023 | 100735325 | State Bank of India | ₹80 Lakh | Open | |
| 26 May 2023 | 100728760 | The South Indian Bank Limited | ₹50,000 | Open | |
| 26 Aug 2022 | 100607892 | The South Indian Bank Limited | ₹15 Lakh | Open |
To see the full charge records of Boulder Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Boulder Developers 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 Boulder Developers 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 Boulder Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Boulder Developers Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Abdul Razak Valarthodi was appointed as Director on 10 Jul 2020.
Charges
A charge with State Bank Of India amounted to Rs. 25.00 Lakh with Charge ID 101198128 was registered on 14 Oct 2025.
AGM
Boulder Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 23.00 Lakh with Charge ID 101187279 was registered on 30 Aug 2025.
Filing
Boulder Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with State Bank Of India of Rs. 80.00 Lakh registered on 02 Jun 2023 with Charge ID 100735325 was modified on 03 Jan 2025.
Charges
A charge with The South Indian Bank Limited of Rs. 15.00 Lakh registered on 26 Aug 2022 with Charge ID 100607892 was modified on 17 Jul 2023.
Charges
A charge with State Bank Of India amounted to Rs. 80.00 Lakh with Charge ID 100735325 was registered on 02 Jun 2023.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.50 Lakh with Charge ID 100728760 was registered on 26 May 2023.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100607892 was registered on 26 Aug 2022.
Appointed
Abdul Razak Valarthodi was appointed as Director.
Appointed
Mohamed Iqbal Changanakattil was appointed as Director.
Incorporation
10 Jul 2020
Boulder Developers Private Limited was registered on 10 Jul 2020 with Roc Ernakulam & aged 6 years 4 months as per MCA records.
Frequently asked questions
Boulder Developers is an active private limited company based in Kuttippuram, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 July 2020 (6+ years old) and is registered under CIN U45500KL2020PTC062820.
Boulder Developers has 2 current directors:
- Abdul Razak Valarthodi - Director
- Mohamed Iqbal Changanakattil - Director
The latest financial statements of Boulder 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 FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Boulder Developers is U45500KL2020PTC062820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Boulder Developers was incorporated on 10 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
Abdul Razak Valarthodi was appointed as Director on 10 Jul 2020. Mohamed Iqbal Changanakattil was appointed as Director on 10 Jul 2020.
Yes, Boulder Developers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Boulder Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-09-0010864).
The registered office of Boulder Developers is at Building No 171187, Kuttippuram, Kerala, India – 679571.
Boulder Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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