MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0040268
Dev Arjuna Promoters and Developers Private Limited - real estate and construction in Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.82 Lakh
▲ 2% YoY
Net loss · FY 2025
₹13,885
Net margin -7.6%
EBITDA · FY 2025
₹16,690
EBITDA margin 9.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Satisfied charges
₹142.17 Cr
No open charges
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
About Dev Arjuna Promoters and Developers Private Limited
Data last updated:
Dev Arjuna Promoters and Developers Private Limited is a private limited company based in Punjab, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45201PB2002PTC025127.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Usha Kiran Bhasin and Munish Bhasin.
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 3 Industrial Area Aextn Ludhiana, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.82 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹13,885 (net margin -7.6%) and EBITDA of ₹16,690 (EBITDA margin 9.2%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 17% over five years.
As per MCA filings, the company has satisfied charges of ₹142.17 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
Dev Arjuna Promoters and Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0040268). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajgadhestates.com.
Company details
CIN U45201PB2002PTC025127
Registration Number 025127
Incorporation Date 08 May 2002
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0040268
Key People
Usha Kiran Bhasin Director Munish Bhasin Director Recognitions & Rankings of Dev Arjuna Promoters and Developers
Contact details
Dev Arjuna Promoters and Developers Private Limited's registered office is in Punjab. Its website is rajgadhestates.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address3 Industrial Area Aextn Ludhiana, Punjab, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Dev Arjuna Promoters and Developers Private Limited, buy the company report.
Comprehensive company report
Dev Arjuna Promoters and 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 Dev Arjuna Promoters and Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Dev Arjuna Promoters and Developers Private Limited, buy the company report.
Financials of Dev Arjuna Promoters and Developers Private Limited
FY 2025 filings availableDev Arjuna Promoters and Developers Private Limited reported revenue of ₹1.82 Lakh (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹1.82 Lakh ▲ 2%
Net loss · FY 2025
₹13,885 margin -7.6%
EBITDA · FY 2025
₹16,690 margin 9.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 33%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 28%
5 years · compounded
▼ 47%
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA fell 70% 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 | ₹16,690 | ||||
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| Net Profit (PAT) | -₹13,885 | ||||
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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 | 9.2% | ||||
| Net Profit Margin | -7.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Dev Arjuna Promoters and Developers Private Limited, buy the company report.
Board of directors of Dev Arjuna Promoters and Developers Private Limited
Dev Arjuna Promoters and Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Kiran Bhasin | Director | 23 Dec 2015 | 10 Years 10 Months | Current |
| Munish Bhasin Also directs: Munish Defence Solutions Limited, Waterfowl Foundation | Director | 08 May 2002 | 24 Years 5 Months | Current |
Auditor
Dev Arjuna Promoters and Developers Private Limited is audited by VINAY & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY & ASSOCIATES | FY 2021 | 004462N |
Shareholding
The shareholding of Dev Arjuna Promoters and Developers Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Dev Arjuna Promoters and Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹142.17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2018 | 100212804 | Axis Bank Limited | ₹40.15 Cr | Satisfied | |
| 19 Dec 2014 | 10539255 | Indiabulls Housing Finance Limited | ₹7.5 Cr | Satisfied | |
| 29 Jan 2013 | 10406625 | Axis Bank Limited | ₹13.1 Cr | Satisfied | |
| 13 Aug 2011 | 10308744 | Punjab National Bank | ₹3.56 Cr | Satisfied | |
| 29 Apr 2010 | 10222983 | State Bank of India | ₹54.4 Cr | Satisfied |
To see the full charge records of Dev Arjuna Promoters and Developers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Dev Arjuna Promoters and Developers Private Limited has 6 court cases on record: 4 filed by Dev Arjuna Promoters and Developers, 2 filed against it. All cases are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed by the company against The Greater Ludhiana Area Development Authority(Glada) | Disposed |
| High Court, PUNJAB | Tax appeal | Filed against the company by PR. Commissioner of Income Tax (Central) Ludhiana | Disposed |
| High Court, PUNJAB | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax (Central) Ludhiana | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Dev Arjuna Promoters and 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 Dev Arjuna Promoters and 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 Dev Arjuna Promoters and Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dev Arjuna Promoters and Developers Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Usha Kiran Bhasin ceased to be Additional Director on 30 Sep 2016.
AGM
Dev Arjuna Promoters And Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Dev Arjuna Promoters And Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge registered on 20 Aug 2018 via Charge ID 100212804 with Axis Bank Limited was fully satisfied on 04 Dec 2023.
Charges
A charge registered on 29 Apr 2010 via Charge ID 10222988 with State Bank Of India was fully satisfied on 03 Nov 2023.
Charges
A charge registered on 29 Apr 2010 via Charge ID 10222983 with State Bank Of India was fully satisfied on 03 Nov 2023.
Charges
A charge registered on 29 Jan 2013 via Charge ID 10406625 with Axis Bank Limited was fully satisfied on 02 May 2023.
Charges
A charge with Axis Bank Limited of Rs. 40.15 Cr registered on 20 Aug 2018 with Charge ID 100212804 was modified on 25 Apr 2023.
Charges
A charge registered on 13 Aug 2011 via Charge ID 10308744 with Punjab National Bank was fully satisfied on 28 May 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 40.15 Cr with Charge ID 100212804 was registered on 20 Aug 2018.
Charges
A charge registered on 05 Dec 2006 via Charge ID 10028886 with Punjab National Bank was fully satisfied on 14 May 2018.
Charges
A charge registered on 09 Oct 2006 via Charge ID 10025391 with Punjab National Bank was fully satisfied on 14 May 2018.
Charges
A charge registered on 19 Dec 2014 via Charge ID 10539255 with Indiabulls Housing Finance Limited was fully satisfied on 11 May 2017.
16 earlier events are in the company report.
Frequently asked questions
Dev Arjuna Promoters and Developers is an active private limited company based in Punjab, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 May 2002 (24+ years old) and is registered under CIN U45201PB2002PTC025127.
Dev Arjuna Promoters and Developers has 2 current directors:
- Usha Kiran Bhasin - Director
- Munish Bhasin - Director
The latest financial statements of Dev Arjuna Promoters and 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 Dev Arjuna Promoters and Developers is U45201PB2002PTC025127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev Arjuna Promoters and Developers has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.
Dev Arjuna Promoters and Developers was incorporated on 08 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chandigarh.
Usha Kiran Bhasin ceased to be Additional Director on 30 Sep 2016. Balraj Kumar Bhasin ceased to be Director on 24 Dec 2015. Usha Kiran Bhasin was appointed as Director on 23 Dec 2015. Dev Arjuna Promoters and Developers has 4 board changes on record in total.
Yes, Dev Arjuna Promoters and Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0040268).
Dev Arjuna Promoters and Developers can be reached through the website rajgadhestates.com. Its registered office is in Punjab, India.
The registered office of Dev Arjuna Promoters and Developers is at 3 Industrial Area Aextn Ludhiana, Punjab, India.