Cornetstene Estate Development Private Limited
About Cornetstene Estate Development Private Limited
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Cornetstene Estate Development 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 20 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2005PTC153459. Its GSTIN is 27AACCC5974G1ZH (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Siddhant Sanjay Kothari and Armaan Sunil Kothari.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.51 Cr. For the same year it recorded a net profit of ₹1.96 Cr (net margin 77.9%) and EBITDA of ₹2.06 Cr (EBITDA margin 82%).
As per MCA filings, the company has open charges of ₹450 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressTriveni Building B Wing Ground Floor, 32nd Road Near National College Bandra West, Mumbai, Maharashtra, India – 400050
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Financials of Cornetstene Estate Development Private Limited FY 2025 filings available
Cornetstene Estate Development Private Limited reported revenue of ₹2.51 Cr for FY 2025.
Financial Statement Summary of Cornetstene Estate Development Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| 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 | ₹2.06 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.96 Cr | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Cornetstene Estate Development Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 77.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cornetstene Estate Development are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Cornetstene Estate Development Private Limited
Cornetstene Estate Development Private Limited is audited by Pipara & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pipara & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cornetstene Estate Development Private Limited
Cornetstene Estate Development has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhant Sanjay Kothari | Director | 03 Nov 2018 | 7 Years 11 Months | Current |
| Armaan Sunil Kothari | Director | 03 Nov 2018 | 7 Years 11 Months | Current |
| Rajen Nemichand Raisoni Also directs: Rajkumar Properties LLP | Director | 15 Nov 2007 | 18 Years 10 Months | Current |
Ownership and Shareholding of Cornetstene Estate Development Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cornetstene Estate Development Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2025 | Others | ₹450 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Cornetstene Estate Development Private Limited
Cornetstene Estate Development Private Limited has 9 court cases on record: 4 filed by Cornetstene Estate Development, 5 filed against it. 2 cases are pending and 7 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 2 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Cornetstene Estate Development Private Limited
Employment history and EPFO contributions of people linked to Cornetstene Estate Development.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Cornetstene Estate Development Private Limited
Cornetstene Estate Development Private Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Armaan Sunil Kothari ceased to be Additional Director on 30 Sep 2019.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Cornetstene Estate Development Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cornetstene Estate Development Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cornetstene Estate Development Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cornetstene Estate Development Private Limited
Cornetstene Estate Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC5974G1ZH | Maharashtra | Active | 12 Jul 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cornetstene Estate Development Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cornetstene Estate Development Private Limited
Cornetstene Estate Development 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 20 May 2005 (21+ years old) and is registered under CIN U70100MH2005PTC153459.
Cornetstene Estate Development reported revenue of ₹2.51 Cr for FY 2025.
Cornetstene Estate Development has 3 current directors:
- Siddhant Sanjay Kothari - Director
- Armaan Sunil Kothari - Director
- Rajen Nemichand Raisoni - Director
Cornetstene Estate Development reported a net profit of ₹1.96 Cr (net margin 77.9%) and EBITDA of ₹2.06 Cr (EBITDA margin 82%) for FY 2025, as per its filed financial statements.
The GSTIN of Cornetstene Estate Development is 27AACCC5974G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cornetstene Estate Development is U70100MH2005PTC153459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornetstene Estate Development has 9 court cases on record: 4 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Cornetstene Estate Development was incorporated on 20 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Armaan Sunil Kothari ceased to be Additional Director on 30 Sep 2019. Siddhant Sanjay Kothari ceased to be Additional Director on 30 Sep 2019. Rashmikant Shah Premchand ceased to be Director on 28 Mar 2019. Cornetstene Estate Development has 11 board changes on record in total.
The registered office of Cornetstene Estate Development is at Triveni Building B Wing Ground Floor, 32nd Road Near National College Bandra West, Mumbai, Maharashtra, India – 400050.