Clique Developments Limited
About Clique Developments Limited
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Clique Developments Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 04 August 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH1989PLC052888. Its GSTIN is 27AAACC2252M1ZP (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.8 Cr. It was formerly known as Clique Developments P Ltd. It is led by directors including Ashwin Suhas Lunkad and Abhishek Deepak Bhatewara.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.53 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹6.33 Lakh (net margin -250.3%) and EBITDA of -₹6.28 Lakh (EBITDA margin -248.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 28% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Clique Solar. As per MCA filings, the company has satisfied charges of ₹2.34 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Clique Developments has one previous CIN (Corporate Identification Number): U70102MH1989PTC052888. The current CIN is U70102MH1989PLC052888, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102MH1989PLC052888 | Current |
| U70102MH1989PTC052888 | Previous |
Contact details
Clique Developments Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. C – 07 Floor No. 2 Wing C Plot No. B Harjas Chsl – C Bldg No – 3 Divine Home Bori, Vali West, Mumbai, Maharashtra, India – 400103
- IndustryMusical Instruments, Jewellery, Manufacturing, Musical Instrument, Sports Goods
To see the full contact details of Clique Developments 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
Clique Developments operates one associated brand: Clique Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar thermal products for sustainable energy solutions. | cliquesolar.com |
Business activity
The main business activity of Clique Developments is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Clique Developments Limited, buy the company report.
Financials of Clique Developments Limited
FY 2025 filings availableClique Developments Limited reported revenue of ₹2.53 Lakh (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 50% fall in the latest year. EBITDA rose 17% 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 | -₹6.28 Lakh | ||||
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| Net Profit (PAT) | -₹6.33 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 | -248.1% | ||||
| Net Profit Margin | -250.3% | ||||
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To see the full financial statements and ratios of Clique Developments Limited, buy the company report.
Board of directors of Clique Developments Limited
Clique Developments has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Suhas Lunkad Also directs: Rohan Housing Constructions LLP, Hreem Investment Managers LLP, Rohan Builders and Developers Private Limited and 5 more | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
| Abhishek Deepak Bhatewara Also directs: Rohan Housing Constructions LLP, Hreem Investment Managers LLP, Rohan Builders and Developers Private Limited and 5 more | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
| Suhasinee Dhanjibhai Senjalia | Director | 01 Oct 2019 | 7 Years 1 Months | Current |
| Ashok Dattatray Paranjape Also directs: Clique Marketing and Holdings Private Limited | Director | 15 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Clique Developments Limited is audited by Jagannath Joshi & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jagannath Joshi & Co. | FY 2016 | 103811W |
Shareholding
The shareholding of Clique Developments Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Clique Developments Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2008 | 10116115 | Nkgsb Co-Op. Bank Ltd. | ₹2 Cr | Satisfied | |
| 15 Jul 2008 | 10116116 | Nkgsb Co-Op. Bank Ltd. | ₹34 Lakh | Satisfied |
To see the full charge records of Clique Developments Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Clique Developments 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 Clique Developments Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Clique Developments Limited has a workforce of 1 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Clique Developments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC2252M1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clique Developments Limited, buy the company report.
Recent activity
Clique Developments Limited has 15 board changes on record since 2008: 4 appointments and 11 cessations. The latest: Ashok Dattatray Paranjape was appointed as Director on 15 Jul 2023.
11 earlier events are in the company report.
Frequently asked questions
Clique Developments is an active public limited company based in Mumbai, Maharashtra, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 04 August 1989 (37+ years old) and is registered under CIN U70102MH1989PLC052888.
Clique Developments has 4 current directors:
- Ashwin Suhas Lunkad - Director
- Abhishek Deepak Bhatewara - Director
- Suhasinee Dhanjibhai Senjalia - Director
- Ashok Dattatray Paranjape - Director
The latest financial statements of Clique Developments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Clique Developments is 27AAACC2252M1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Clique Developments is U70102MH1989PLC052888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clique Developments was incorporated on 04 August 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Dattatray Paranjape was appointed as Director on 15 Jul 2023. Jyoti Ashok Paranjape ceased to be Additional Director on 30 Dec 2020. Suhasinee Dhanjibhai Senjalia ceased to be Additional Director on 30 Dec 2020. Clique Developments has 15 board changes on record in total.
The registered office of Clique Developments is at Flat No. C – 07 Floor No. 2 Wing C Plot No. B Harjas Chsl – C Bldg No – 3 Divine Home Bori, Vali West, Mumbai, Maharashtra, India – 400103.
Clique Developments operates in the musical instruments industry, in the jewellery segment.
Clique Developments has no open charges and satisfied charges of ₹2.34 Cr as per latest MCA filings.
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