About Ghanwat Developers Private Limited
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Ghanwat Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 01 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2009PTC192135. Its GSTIN is 27AADCG4442J1ZK (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neelkanth Popat Ghanwat and Manish Vasantlal Patel.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.35 Lakh (net margin 0.4%) and EBITDA of ₹45 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹18.75 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ghanwatgroup.com.
Company details
Contact details
Ghanwat Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is ghanwatgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSainath Compound S.No.214/217 Cts123A/2 Bandongari Off Times Of India Near W. E. Highway Ma, Lad(East), Mumbai, Maharashtra, India – 400097
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
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- 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 Ghanwat 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 Ghanwat Developers Private Limited, buy the company report.
Financials of Ghanwat Developers Private Limited
FY 2025 filings availableGhanwat Developers Private Limited reported revenue of ₹8.25 Cr (up 167% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 167% growth in the latest year. EBITDA fell 28% 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 | ₹45 Lakh | ||||
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| Net Profit (PAT) | ₹3.35 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Ghanwat Developers Private Limited, buy the company report.
Board of directors of Ghanwat Developers Private Limited
Ghanwat Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelkanth Popat Ghanwat | Director | 01 May 2009 | 17 Years 6 Months | Current |
| Manish Vasantlal Patel | Director | 14 Aug 2024 | 2 Years 3 Months | Current |
Peer comparison
Ghanwat Developers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Priya Realty & Infra Private Limited | ₹8.25 Cr (FY 2024) | 20.0% | Delhi, India | |||
| Ghanwat Developers Private Limitedthis company | ₹8.25 Cr (FY 2025) | ₹3.35 Lakh | 0.4% | 167.0% | Mumbai, Maharashtra, India | |
| Landasia Infrastructure Limited | ₹8.24 Cr (FY 2025) | 9.0% | Uttranchal, Uttarakhand, India | |||
| Khilla Colonizers Private Limited | ₹8.24 Cr (FY 2025) | 13.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Ghanwat Developers Private Limited, buy the company report.
Auditor
Ghanwat Developers Private Limited is audited by A V KEDIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V KEDIA & ASSOCIATES | FY 2023 | 131180W |
Shareholding
The shareholding of Ghanwat 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ghanwat Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2025 | 101205435 | State Bank of India | ₹18 Cr | Open | |
| 26 Feb 2025 | 101069872 | Axis Bank Limited | ₹75.21 Lakh | Open |
To see the full charge records of Ghanwat Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ghanwat 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
Ghanwat Developers Private Limited has 4 MSME Form 1 returns on record between 2018 and 2019, listing 8 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ghanwat Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ghanwat Developers Private Limited has 2 active EPFO establishments as of Nov 11, 2026.
GST
Ghanwat Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG4442J1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ghanwat Developers Private Limited, buy the company report.
Recent activity
Ghanwat Developers Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Popat Maruti Ghanwat ceased to be Director on 15 Mar 2025.
Frequently asked questions
Ghanwat Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 01 May 2009 (17+ years old) and is registered under CIN U45202MH2009PTC192135.
Ghanwat Developers has 2 current directors:
- Neelkanth Popat Ghanwat - Director
- Manish Vasantlal Patel - Director
The latest financial statements of Ghanwat 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 Ghanwat Developers is 27AADCG4442J1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ghanwat Developers is U45202MH2009PTC192135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ghanwat Developers was incorporated on 01 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ghanwat Developers by revenue are Priya Realty & Infra Private Limited, Landasia Infrastructure Limited, Khilla Colonizers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Popat Maruti Ghanwat ceased to be Director on 15 Mar 2025. Manish Vasantlal Patel was appointed as Director on 14 Aug 2024. Rajendra Popat Ghanwat ceased to be Director on 30 Jun 2013. Ghanwat Developers has 6 board changes on record in total.
Ghanwat Developers has 4 MSME Form 1 returns on record between 2018 and 2019, listing 8 overdue payments to 2 micro and small suppliers. The latest return was filed on 18 Jun 2019.
Ghanwat Developers can be reached through the website ghanwatgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ghanwat Developers is at Sainath Compound S.No.214217 Cts123A2 Bandongari Off Times Of India Near W. E. Highway Ma, LadEast, Mumbai, Maharashtra, India – 400097.
Ghanwat Developers operates in the real estate and construction industry, in the real estate marketing and sales segment.
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