Devbhumi Estates (Mumbai) Private Limited
About Devbhumi Estates (Mumbai) Private Limited
Data last updated:
Devbhumi Estates (Mumbai) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 17 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2002PTC135921. Its GSTIN is 27AABCD7135R1Z5 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Rajendra Jamnadas Saraiya and Ashit Madhusudan Patel.
Its last annual general meeting (AGM) was held on 22 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor 298 City Ice Building Perin Nariman Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.86 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹88.98 Lakh (net margin 47.8%) and EBITDA of ₹1.32 Cr (EBITDA margin 71.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹15.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devbhumi Estates (Mumbai) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address2nd Floor 298 City Ice Building Perin Nariman Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Devbhumi Estates (Mumbai) 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
Business activity
The main business activity of Devbhumi Estates (Mumbai) is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Devbhumi Estates (Mumbai) Private Limited, buy the company report.
Financials of Devbhumi Estates (Mumbai) Private Limited
FY 2024 filings availableDevbhumi Estates (Mumbai) Private Limited reported revenue of ₹1.86 Cr (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 40% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 14% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹88.98 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.1% | ||||
| Net Profit Margin | 47.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Devbhumi Estates (Mumbai) Private Limited, buy the company report.
Board of directors of Devbhumi Estates (Mumbai) Private Limited
Devbhumi Estates (Mumbai) has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Jamnadas Saraiya | Director | 26 Feb 2019 | 7 Years 8 Months | Current |
| Ashit Madhusudan Patel Also directs: Dhawal Giri Estates Private Limited, Mayrose Estates Private Limited, A & H Advisory Services LLP and 5 more | Director | 02 Feb 2009 | 17 Years 9 Months | Current |
| Mahesh Madanlal Shah Also directs: Inaara Skin Care LLP, Aromix Private Limited, Aarohi Polymers Private Limited and 5 more | Director | 03 Dec 2020 | 5 Years 11 Months | Current |
| Rajesh Chandubhai Patel | Director | 12 Feb 2009 | 17 Years 9 Months | Current |
Peer comparison
Devbhumi Estates (Mumbai) Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aparna Buildcon Private Limited | ₹1.87 Cr (FY 2025) | 242.0% | New Delhi, Delhi, India | |||
| Terraspace Eservices Private Limited | ₹1.87 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| T R Sawhney Shopping Mall Private Limited | ₹1.86 Cr (FY 2025) | -34.0% | Delhi, India | |||
| Devbhumi Estates (Mumbai) Private Limitedthis company | ₹1.86 Cr (FY 2024) | ₹88.98 Lakh | 47.8% | 40.0% | Mumbai, Maharashtra, India | |
| Ingenium Traders & Consultants Private Limited | ₹1.86 Cr (FY 2025) | 1369.0% | Delhi, India |
To see the full peer comparison of Devbhumi Estates (Mumbai) Private Limited, buy the company report.
Auditor
Devbhumi Estates (Mumbai) Private Limited is audited by Nihar Mehta and Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nihar Mehta and Company | FY 2023 | 134646W |
Shareholding
The shareholding of Devbhumi Estates (Mumbai) 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 Devbhumi Estates (Mumbai) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2013 | 10442458 | Tata Capital Financial Services Limited | ₹8 Cr | Satisfied | |
| 08 Dec 2010 | 10258253 | Corporation Bank | ₹7.5 Cr | Satisfied |
To see the full charge records of Devbhumi Estates (Mumbai) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Devbhumi Estates (Mumbai) 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 Devbhumi Estates (Mumbai) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devbhumi Estates (Mumbai) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD7135R1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devbhumi Estates (Mumbai) Private Limited, buy the company report.
Recent activity
Devbhumi Estates (Mumbai) Private Limited has 9 board changes on record since 2009: 4 appointments and 5 cessations. The latest: Mahesh Madanlal Shah ceased to be Additional Director on 30 Sep 2021.
4 earlier events are in the company report.
Frequently asked questions
Devbhumi Estates (Mumbai) is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 17 May 2002 (24+ years old) and is registered under CIN U45202MH2002PTC135921.
Devbhumi Estates (Mumbai) has 4 current directors:
- Rajendra Jamnadas Saraiya - Director
- Ashit Madhusudan Patel - Director
- Mahesh Madanlal Shah - Director
- Rajesh Chandubhai Patel - Director
The latest financial statements of Devbhumi Estates (Mumbai) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 22 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Devbhumi Estates (Mumbai) is 27AABCD7135R1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devbhumi Estates (Mumbai) is U45202MH2002PTC135921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devbhumi Estates (Mumbai) was incorporated on 17 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Devbhumi Estates (Mumbai) by revenue are Aparna Buildcon Private Limited, Terraspace Eservices Private Limited, T R Sawhney Shopping Mall Private Limited, Ingenium Traders & Consultants Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Mahesh Madanlal Shah ceased to be Additional Director on 30 Sep 2021. Mahesh Madanlal Shah was appointed as Director on 03 Dec 2020. Bhalchandra Jagjivandas Shah ceased to be Director on 16 Oct 2020. Devbhumi Estates (Mumbai) has 9 board changes on record in total.
The registered office of Devbhumi Estates (Mumbai) is at 2nd Floor 298 City Ice Building Perin Nariman Street Fort, Mumbai, Maharashtra, India – 400001.
Devbhumi Estates (Mumbai) operates in the financial services industry, in the real estate financing segment.
Devbhumi Estates (Mumbai) has open charges of ₹8 Cr and satisfied charges of ₹15.5 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
