Face Developers Private Limited
About Face Developers Private Limited
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Face Developers Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2011PTC063825. Its GSTIN is 24AABCF7186Q1Z0 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5.83 Cr and a paid-up capital of ₹2.43 Lakh. It is led by directors Sanjay Agarwal and Ashok Kumar Kejriwal.
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 Plot – 65 1st Floor Subhash Nagar Society Ghod Dod Road Nr. Ram Chawk, Surat, Gujarat, India – 395001.
As per the financials filed for FY 2025, the company reported a revenue of ₹122.66 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹6.66 Cr (net margin 5.4%) and EBITDA of ₹15.08 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 596% over three years and 179% over five years.
As per MCA filings, the company has open charges of ₹59.91 Cr and satisfied charges of ₹26.66 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Face Developers Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot – 65 1st Floor Subhash Nagar Society Ghod Dod Road Nr. Ram Chawk, Surat, Gujarat, India – 395001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Face Developers 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 Face Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Face Developers Private Limited, buy the company report.
Financials of Face Developers Private Limited
FY 2025 filings availableFace Developers Private Limited reported revenue of ₹122.66 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 179%. EBITDA rose 66% 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 | ₹15.08 Cr | ||||
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| Net Profit (PAT) | ₹6.66 Cr | ||||
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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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| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 5.4% | ||||
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To see the full financial statements and ratios of Face Developers Private Limited, buy the company report.
Board of directors of Face Developers Private Limited
Face Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Agarwal Also directs: Shanu Tex and Developers Private Limited, Giant Infrastructure Private Limited, Matangi Ventures Private Limited and 4 more | Director | 27 Jan 2011 | 15 Years 8 Months | Current |
| Ashok Kumar Kejriwal Also directs: Mythic Tex Fab LLP, Kachholi Diamond LLP, Shanu Tex and Developers Private Limited and 5 more | Director | 27 Jan 2011 | 15 Years 8 Months | Current |
Auditor
Face Developers Private Limited is audited by H. TOSNIWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. TOSNIWAL & CO. | FY 2023 | 111032W |
Shareholding
The shareholding of Face Developers 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Face Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2021 | 100415950 | Axis Bank Limited | ₹59.16 Cr | Open | |
| 06 Apr 1995 | 90096366 | Bank of Baroda | ₹63 Lakh | Open | |
| 05 Apr 1995 | 90098122 | Bank of Baroda | ₹12 Lakh | Open | |
| 24 Nov 2021 | 100516433 | Axis Bank Limited | ₹8.22 Cr | Satisfied | |
| 08 Nov 2017 | 100140258 | Others | ₹18.44 Cr | Satisfied |
To see the full charge records of Face Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Face Developers Private Limited has 1 court case on record: 1 filed by Face Developers. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company against an individual | Pending |
To see the full case history of Face 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 Face Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Face Developers has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCF7186Q1Z0 | Gujarat | Active | 05 Jan 2018 |
| 20AABCF7186Q2Z7 | Jharkhand | Active | 20 Apr 2024 |
To see the full GST registrations and return filing status of Face Developers Private Limited, buy the company report.
Recent activity
Face Developers Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Ashok Kumar Kejriwal was appointed as Director on 27 Jan 2011.
1 earlier event is in the company report.
Frequently asked questions
Face Developers is an active private limited company based in Surat, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 January 2011 (15+ years old) and is registered under CIN U45201GJ2011PTC063825.
Face Developers has 2 current directors:
- Sanjay Agarwal - Director
- Ashok Kumar Kejriwal - Director
The latest financial statements of Face 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 GSTIN of Face Developers is 24AABCF7186Q1Z0, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 20AABCF7186Q2Z7 (Jharkhand).
The CIN (Corporate Identification Number) of Face Developers is U45201GJ2011PTC063825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Face Developers has 1 court case on record: 1 filed by the company. 1 is pending.
Face Developers was incorporated on 27 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashok Kumar Kejriwal was appointed as Director on 27 Jan 2011. Sanjay Agarwal was appointed as Director on 27 Jan 2011.
The registered office of Face Developers is at Plot – 65 1st Floor Subhash Nagar Society Ghod Dod Road Nr. Ram Chawk, Surat, Gujarat, India – 395001.
Face Developers operates in the real estate and construction industry, in the real estate builders and developers segment.