Cornerstone Developers Private Limited
About Cornerstone Developers Private Limited
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Cornerstone Developers Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45200WB2007PTC114092.
The company has an authorised share capital of ₹52 Lakh and a paid-up capital of ₹51.4 Lakh. It is led by directors Rajeev Goenka and Raj Goenka.
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 Kanan Ground Floor Fl – 04 16 Belvedere Road, Kolkata, West Bengal, India – 700027.
As per the financials filed for FY 2025, the company reported a revenue of ₹12 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹21,150 (net margin 1.8%) and EBITDA of ₹27,650 (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹13.5 Cr and satisfied charges of ₹17.31 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cornerstone 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 AddressKanan Ground Floor Fl – 04 16 Belvedere Road, Kolkata, West Bengal, India – 700027
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Cornerstone 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 Cornerstone Developers Private Limited
FY 2025 filings availableCornerstone Developers Private Limited reported revenue of ₹12 Lakh (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 95% 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 | ₹27,650 | ||||
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| Net Profit (PAT) | ₹21,150 | ||||
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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 | 2.3% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Cornerstone Developers Private Limited, buy the company report.
Board of directors of Cornerstone Developers Private Limited
Cornerstone Developers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Goenka Also directs: Golden Goenka Builders LLP, Visco Advisory Private Limited, Choisy Properties Private Limited and 5 more | Director | 05 Apr 2019 | 7 Years 7 Months | Current |
| Raj Goenka Also directs: Golden Goenka Builders LLP, N C Shaw & Co. Beverages Private Limited, Uma Properties & Traders Limited and 5 more | Director | 05 Mar 2012 | 14 Years 8 Months | Current |
Peer comparison
Cornerstone Developers Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mirus Financial Services Private Limited | ₹12.03 Lakh (FY 2025) | -34.0% | Hyderabad, Telangana, India | |||
| Sezzle Fintech Private Limited | ₹12.01 Lakh (FY 2022) | 275.0% | Bangalore, Karnataka, India | |||
| Nikon Traders Pvt Ltd | ₹12 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Silvershine Consultants Private Limited | ₹12 Lakh (FY 2021) | -31.0% | Jaipur, Rajasthan, India | |||
| Cornerstone Developers Private Limitedthis company | ₹12 Lakh (FY 2025) | ₹21,150 | 1.8% | -33.0% | Kolkata, West Bengal, India | |
| Leaps & Bounds Infra Consultants Private Limited | ₹12 Lakh (FY 2024) | 500.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Cornerstone Developers Private Limited, buy the company report.
Auditor
Cornerstone Developers Private Limited is audited by SWAPNESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SWAPNESH & ASSOCIATES | FY 2023 | 326908E |
Shareholding
The shareholding of Cornerstone 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cornerstone Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2025 | 101075113 | Others | ₹13.5 Cr | Open | |
| 15 Oct 2020 | 100376815 | Others | ₹1.61 Cr | Satisfied | |
| 30 Nov 2017 | 100138625 | Others | ₹9.43 Cr | Satisfied | |
| 24 Apr 2013 | 10421455 | Tata Capital Financial Services Limited | ₹1.37 Cr | Satisfied | |
| 29 Feb 2012 | 10351138 | Tata Capital Housing Finance Limited | ₹4.9 Cr | Satisfied |
To see the full charge records of Cornerstone Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Cornerstone Developers Private Limited has 2 court cases on record: 2 filed by Cornerstone Developers. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Assistant Commissioner of Incoem Tax Officer, Central Circle 4( and 1 other | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Assistant Commissioner of Income Tax, Central Circle 4( and 1 other | Disposed |
To see the full case history of Cornerstone 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 Cornerstone 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 Cornerstone Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cornerstone Developers Private Limited has 8 board changes on record since 2007: 5 appointments and 3 cessations. The latest: Bal Kishan Gourisaria ceased to be Director on 05 Apr 2019.
8 earlier events are in the company report.
Frequently asked questions
Cornerstone Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 March 2007 (19+ years old) and is registered under CIN U45200WB2007PTC114092.
Cornerstone Developers has 2 current directors:
- Rajeev Goenka - Director
- Raj Goenka - Director
The latest financial statements of Cornerstone 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 CIN (Corporate Identification Number) of Cornerstone Developers is U45200WB2007PTC114092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornerstone Developers has 2 court cases on record: 2 filed by the company.
Cornerstone Developers was incorporated on 12 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Cornerstone Developers by revenue are Mirus Financial Services Private Limited, Sezzle Fintech Private Limited, Nikon Traders Pvt Ltd, Silvershine Consultants Private Limited, Leaps & Bounds Infra Consultants Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Bal Kishan Gourisaria ceased to be Director on 05 Apr 2019. Girdhari Lal Goenka ceased to be Director on 05 Apr 2019. Rajeev Goenka was appointed as Director on 05 Apr 2019. Cornerstone Developers has 8 board changes on record in total.
The registered office of Cornerstone Developers is at Kanan Ground Floor Fl – 04 16 Belvedere Road, Kolkata, West Bengal, India – 700027.
Cornerstone Developers operates in the financial services industry, in the diversified financial services segment.
Cornerstone Developers has open charges of ₹13.5 Cr and satisfied charges of ₹17.31 Cr as per latest MCA filings.
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