Development Strategies India Private Limited
About Development Strategies India Private Limited
Data last updated:
Development Strategies India Private Limited is a private limited company based in Delhi, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 28 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45202DL1998PTC094144. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Satpal Sing and Romeo Lal Neogi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Khasra No. 432 Siraspur Gurudwara Market Badli, Delhi, India – 110042.
As per the financials filed for FY 2023, the company reported a revenue of ₹3 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹2.76 Cr (net margin -92.2%) and EBITDA of -₹2.66 Cr (EBITDA margin -88.7%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 15% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹10 Cr on record. Court records list 15 cases involving the company, including 4 filed by the company and 11 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Development Strategies India Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKhasra No. 432 Siraspur Gurudwara Market Badli, Delhi, India – 110042
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Development Strategies India 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 Development Strategies India is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Development Strategies India Private Limited, buy the company report.
Financials of Development Strategies India Private Limited
FY 2023 filings availableDevelopment Strategies India Private Limited reported revenue of ₹3 Cr (down 74% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 74% fall in the latest year. EBITDA fell 331% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.76 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -88.7% | ||||
| Net Profit Margin | -92.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Development Strategies India Private Limited, buy the company report.
Board of directors of Development Strategies India Private Limited
Development Strategies India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satpal Sing | Director | 26 Oct 2023 | 3 Years 0 Months | Current |
| Romeo Lal Neogi | Director | 26 Oct 2023 | 3 Years 0 Months | Current |
| Inder Pal Singh | Director | 05 Jan 2004 | 22 Years 9 Months | Current |
Peer comparison
Development Strategies India Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Friends Stones Private Limited | ₹3.01 Cr (FY 2025) | -3.0% | Rajasthan, India | |||
| Moriah Granites Private Limited | ₹3 Cr (FY 2024) | 0.0% | Shornur, Kerala, India | |||
| Ram Buildev Private Limited | ₹3 Cr (FY 2024) | 207.0% | Nimkathana, Rajasthan, India | |||
| Development Strategies India Private Limitedthis company | ₹3 Cr (FY 2023) | -₹2.76 Cr | -92.2% | -74.0% | 34 | Delhi, India |
| Yogmaya Marbles Private Limited | ₹2.98 Cr (FY 2024) | 70.0% | Rajsamand, Rajasthan, India | |||
| Great Granites Pvt. Ltd. | ₹2.97 Cr (FY 2025) | 63.0% | Vaishali, Jaipur, Rajasthan, India | |||
| Asehar Mining Private Limited | ₹2.96 Cr (FY 2024) | 18.0% | Daltonganj, Jharkhand, India |
To see the full peer comparison of Development Strategies India Private Limited, buy the company report.
Auditor
Development Strategies India Private Limited is audited by Gupta & Malhotra for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta & Malhotra | FY 2023 | 017964N |
Shareholding
The shareholding of Development Strategies India 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Development Strategies India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2013 | 10469076 | Oriental Bank of Commerce | ₹10 Cr | Satisfied |
To see the full charge records of Development Strategies India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Development Strategies India Private Limited has 15 court cases on record: 4 filed by Development Strategies India, 11 filed against it. 8 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 2 |
| District courts | 4 | 4 | 3 |
| Supreme Court | 4 | 3 | 3 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Yamunanagar, Haryana | Commercial suit | Filed against the company by Central Government Through Virender Punia | Pending |
| District court, Ambala, Haryana | Commercial suit | Filed against the company by an individual | Pending |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by M/S Delhi Royalty Company R/O 4-10 Friends Colony , District: Yamuna Nagar ,Yamunanagar , Haryana | Pending |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by M/S Mubarikpur Royalty Company Punjab Stone Crusher Mubrarikpur Ramgarh Road ,Mohali , Punjab | Pending |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed by the company against Union of India Through Secretary Moef, Jor Bagh Rd. Aliganj, New Delhi ,New Delhi , Delhi and 12 others | Pending |
To see the full case history of Development Strategies India 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 Development Strategies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Development Strategies India Private Limited has a workforce of 34 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
Development Strategies India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Development Strategies India Private Limited, buy the company report.
Recent activity
Development Strategies India Private Limited has 13 board changes on record since 2004: 3 appointments and 10 cessations. The latest: Naseeb Singh ceased to be Director on 24 Feb 2024.
6 earlier events are in the company report.
Frequently asked questions
Development Strategies India is an active private limited company based in Delhi, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 28 May 1998 (28+ years old) and is registered under CIN U45202DL1998PTC094144.
Development Strategies India has 3 current directors:
- Satpal Sing - Director
- Romeo Lal Neogi - Director
- Inder Pal Singh - Director
The latest financial statements of Development Strategies India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Development Strategies India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Development Strategies India is U45202DL1998PTC094144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Development Strategies India has 15 court cases on record: 4 filed by the company and 11 filed against it. 8 are pending. Most are in the high courts.
Development Strategies India was incorporated on 28 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Development Strategies India by revenue are Friends Stones Private Limited, Moriah Granites Private Limited, Ram Buildev Private Limited, Yogmaya Marbles Private Limited, Great Granites Pvt. Ltd. and 1 more, all in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities).
Naseeb Singh ceased to be Director on 24 Feb 2024. Romeo Lal Neogi was appointed as Director on 26 Oct 2023. Satpal Sing was appointed as Director on 26 Oct 2023. Development Strategies India has 13 board changes on record in total.
The registered office of Development Strategies India is at Khasra No. 432 Siraspur Gurudwara Market Badli, Delhi, India – 110042.
Development Strategies India operates in the metals and minerals industry, in the mining and mineral extraction segment.
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