
Dipchand Development Co Ltd
About Dipchand Development Co Ltd
Data last updated:
Dipchand Development Co Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 April 1965 and has been in existence for over 61 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB1965PLC026419. Its GSTIN is 19AABCD6788N1ZT (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Rajiv Kankaria and Neha Kankaria.
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 5/3 Deshpriya Park East, Kolkata, West Bengal, India – 700029.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.81 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹24.29 Lakh (net margin -81.5%) and EBITDA of -₹14.63 Lakh (EBITDA margin -49.1%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹13.96 Lakh and satisfied charges of ₹8.85 Cr on record. Court records list 20 cases involving the company, including 12 filed by the company and 8 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Dipchand Development Co has one previous CIN (Corporate Identification Number): L70109WB1965PLC026419. The current CIN is U70109WB1965PLC026419, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109WB1965PLC026419 | Current |
| L70109WB1965PLC026419 | Previous |
Contact details
Dipchand Development Co Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5/3 Deshpriya Park East, Kolkata, West Bengal, India – 700029
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Dipchand Development Co Ltd, 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 Dipchand Development Co 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 Dipchand Development Co Ltd, buy the company report.
Financials of Dipchand Development Co Ltd
FY 2025 filings availableDipchand Development Co Ltd reported revenue of ₹29.81 Lakh (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 48% fall in the latest year. EBITDA fell 60% 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 |
|---|---|---|---|---|---|
| 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 | -₹14.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.29 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -49.1% | ||||
| Net Profit Margin | -81.5% | ||||
| 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 Dipchand Development Co Ltd, buy the company report.
Board of directors of Dipchand Development Co Ltd
Dipchand Development Co has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Kankaria Also directs: Baruipur Realty LLP, Kakurgachi Estates Pvt Ltd, Olivia Developers Private Limited and 5 more | Director | 24 Jan 2005 | 21 Years 9 Months | Current |
| Neha Kankaria Also directs: Aria Builders Private Limited, Arihant India Limited, Vettura Parking Solutions Private Limited and 1 more | Director | 29 Mar 2019 | 7 Years 7 Months | Current |
| Devyank Kankaria Also directs: Kakurgachi Estates Pvt Ltd, Olivia Developers Private Limited, Navjeevan Infrastructure Private Limited and 5 more | Director | 30 Sep 2010 | 16 Years 1 Months | Current |
Auditor
Dipchand Development Co Ltd is audited by KSHITIZ & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KSHITIZ & CO | FY 2022 | 0326849E |
Shareholding
The shareholding of Dipchand Development Co Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dipchand Development Co Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2022 | 100548828 | Others | ₹13.96 Lakh | Open | |
| 23 Sep 2011 | 10310944 | State Bank of India | ₹8.85 Cr | Satisfied |
To see the full charge records of Dipchand Development Co Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Dipchand Development Co Ltd has 20 court cases on record: 12 filed by Dipchand Development Co, 8 filed against it. 7 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 4 | 2 |
| District courts | 8 | 4 | 5 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed against the company by Suman Investments Pvt.Ltd. | Disposed |
| High Court, West Bengal | Court case (FMAT) | Filed against the company by an individual | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by an individual | Pending |
| High Court, West Bengal | Court case (RVWO) | Filed by the company against State of West Bengal and Ors. | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against an individual | Pending |
To see the full case history of Dipchand Development Co Ltd, 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 Dipchand Development Co Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dipchand Development Co has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCD6788N1ZT | West Bengal | Active | 23 Feb 2023 |
To see the full GST registrations and return filing status of Dipchand Development Co Ltd, buy the company report.
Recent activity
Dipchand Development Co Ltd has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Neha Kankaria was appointed as Director on 29 Mar 2019.
1 earlier event is in the company report.
Frequently asked questions
Dipchand Development Co is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 April 1965 (61+ years old) and is registered under CIN U70109WB1965PLC026419.
Dipchand Development Co has 3 current directors:
- Rajiv Kankaria - Director
- Neha Kankaria - Director
- Devyank Kankaria - Director
The latest financial statements of Dipchand Development Co 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 GSTIN of Dipchand Development Co is 19AABCD6788N1ZT, registered in West Bengal.
The CIN (Corporate Identification Number) of Dipchand Development Co is U70109WB1965PLC026419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dipchand Development Co has 20 court cases on record: 12 filed by the company and 8 filed against it. 7 are pending. Most are in the high courts.
Dipchand Development Co was incorporated on 05 April 1965, making it 61+ years old. It is registered with the Registrar of Companies, Kolkata.
Neha Kankaria was appointed as Director on 29 Mar 2019. Sudha Kankaria ceased to be Director on 29 Mar 2019. Dilip Chand Kankaria ceased to be Director on 23 Apr 2013. Dipchand Development Co has 6 board changes on record in total.
The registered office of Dipchand Development Co is at 53 Deshpriya Park East, Kolkata, West Bengal, India – 700029.
Dipchand Development Co operates in the real estate and construction industry, in the real estate builders and developers segment.

