Coral Reefs Devcon Private Limited
About Coral Reefs Devcon Private Limited
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Coral Reefs Devcon Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45200MP2011PTC026393.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Amita Airen and Ashok Airen.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.96 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹98,007 (net margin 24.7%) and EBITDA of ₹3.6 Lakh (EBITDA margin 90.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Coral Reefs Devcon Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVikram Heights, Plot No. 25/2 Y.N.Road, Indore, Madhya Pradesh, India – 452003
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Coral Reefs Devcon 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 Coral Reefs Devcon Private Limited
FY 2024 filings availableCoral Reefs Devcon Private Limited reported revenue of ₹3.96 Lakh (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 99% fall in the latest year. EBITDA fell 72% 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 | ₹3.6 Lakh | ||||
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| Net Profit (PAT) | ₹98,007 | ||||
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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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| EBITDA Margin | 90.9% | ||||
| Net Profit Margin | 24.7% | ||||
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To see the full financial statements and ratios of Coral Reefs Devcon Private Limited, buy the company report.
Board of directors of Coral Reefs Devcon Private Limited
Coral Reefs Devcon has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amita Airen | Director | 01 Feb 2025 | 1 Years 9 Months | Current |
| Ashok Airen Also directs: Stylish Living Developers Limited Liability Partnership, Airen Infotech LLP, Sooriyan Developers LLP and 5 more | Director | 24 Jan 2012 | 14 Years 9 Months | Current |
Auditor
Coral Reefs Devcon Private Limited is audited by ABHISHEK K. JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHISHEK K. JAIN & ASSOCIATES | FY 2023 | 012083C |
Shareholding
The shareholding of Coral Reefs Devcon 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Coral Reefs Devcon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Coral Reefs Devcon 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 Coral Reefs Devcon 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 Coral Reefs Devcon Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Coral Reefs Devcon Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Amita Airen ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Coral Reefs Devcon is an active private limited company based in Indore, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 July 2011 (15+ years old) and is registered under CIN U45200MP2011PTC026393.
Coral Reefs Devcon has 2 current directors:
- Amita Airen - Director
- Ashok Airen - Director
The latest financial statements of Coral Reefs Devcon 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 CIN (Corporate Identification Number) of Coral Reefs Devcon is U45200MP2011PTC026393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coral Reefs Devcon was incorporated on 14 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
Amita Airen ceased to be Additional Director on 29 Sep 2025. Ajay Tandon Kumar ceased to be Director on 01 Feb 2025. Amita Airen was appointed as Director on 01 Feb 2025. Coral Reefs Devcon has 9 board changes on record in total.
The registered office of Coral Reefs Devcon is at Vikram Heights, Plot No. 252 Y.N.Road, Indore, Madhya Pradesh, India – 452003.
Coral Reefs Devcon operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Coral Reefs Devcon is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
Coral Reefs Devcon can be reached at its registered office: Vikram Heights, Plot No. 252 Y.N.Road, Indore, Madhya Pradesh, India – 452003.
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