Geet Developers Private Limited
About Geet Developers Private Limited
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Geet Developers Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2008PTC180701. Its GSTIN is 27AADCG2962K1ZD (Maharashtra).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors including Hemant Rajaram Navdikar and Bhavanji Karamshi Mamania.
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 No 309 Service Road Eastern Express Highway Thane (W), Maharashtra, India – 400601.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.83 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹8.8 Lakh (net margin -4.8%) and EBITDA of -₹1.52 Lakh (EBITDA margin -0.8%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹53.47 Lakh and satisfied charges of ₹4.09 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Geet Developers Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 309 Service Road Eastern Express Highway Thane (W), Maharashtra, India – 400601
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Geet 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 Geet Developers is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Geet Developers Private Limited, buy the company report.
Financials of Geet Developers Private Limited
FY 2025 filings availableGeet Developers Private Limited reported revenue of ₹1.83 Cr (down 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 45% fall in the latest year. EBITDA fell 108% 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 |
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| EBITDA | -₹1.52 Lakh | ||||
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| Net Profit (PAT) | -₹8.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | -4.8% | ||||
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To see the full financial statements and ratios of Geet Developers Private Limited, buy the company report.
Board of directors of Geet Developers Private Limited
Geet Developers has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Rajaram Navdikar Also directs: Samit Infotainment LLP, Intelligent Buildcon LLP, Jitnat Infrastructure Private Limited and 1 more | Director | 02 May 2022 | 4 Years 6 Months | Current |
| Bhavanji Karamshi Mamania | Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Smitesh Vallabh Gala Also directs: Eha Realty Private Limited | Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Iqbalahmed Niwasali Chowdhary | Director | 01 May 2008 | 18 Years 6 Months | Current |
Shareholding
The shareholding of Geet Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Geet Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2013 | 10456269 | Icici Bank Limited | ₹53.47 Lakh | Open | |
| 16 Jan 2014 | 10472843 | L & T Finance Limited | ₹3.39 Cr | Satisfied | |
| 18 Jul 2013 | 10443366 | Kotak Mahindra Bank Limited | ₹29.01 Lakh | Satisfied | |
| 13 Jul 2012 | 10367867 | Kotak Mahindra Bank Limited | ₹40.91 Lakh | Satisfied |
To see the full charge records of Geet Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Geet Developers 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 Geet Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Geet Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG2962K1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Geet Developers Private Limited, buy the company report.
Recent activity
Geet Developers Private Limited has 10 board changes on record since 2008: 4 appointments and 6 cessations. The latest: Hemant Rajaram Navdikar was appointed as Director on 02 May 2022.
8 earlier events are in the company report.
Frequently asked questions
Geet Developers is an active private limited company based in Thane, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 April 2008 (18+ years old) and is registered under CIN U70102MH2008PTC180701.
Geet Developers has 4 current directors:
- Hemant Rajaram Navdikar - Director
- Bhavanji Karamshi Mamania - Director
- Smitesh Vallabh Gala - Director
- Iqbalahmed Niwasali Chowdhary - Director
The latest financial statements of Geet 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 Geet Developers is 27AADCG2962K1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Geet Developers is U70102MH2008PTC180701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Geet Developers was incorporated on 02 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemant Rajaram Navdikar was appointed as Director on 02 May 2022. Hemant Rajaram Navdikar ceased to be Additional Director on 08 May 2018. Jayendra Gangji Gala ceased to be Additional Director on 30 Nov 2014. Geet Developers has 10 board changes on record in total.
The registered office of Geet Developers is at Plot No 309 Service Road Eastern Express Highway Thane W, Maharashtra, India – 400601.
Geet Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Geet Developers has open charges of ₹53.47 Lakh and satisfied charges of ₹4.09 Cr as per latest MCA filings.
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