Hira Finance and Developers Private Limited
About Hira Finance and Developers Private Limited
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Hira Finance and Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 03 March 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1981PTC023989. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mayur Ghanshyam Mehta and Purshottam Chattaram Budhrani.
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 2 Bhandu'S Court1St Past Lane Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.74 Lakh (net margin 36%) and EBITDA of ₹9.18 Lakh (EBITDA margin 42.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 3% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hira Finance and Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Bhandu'S Court1St Past Lane Colaba, Mumbai, Maharashtra, India – 400005
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Hira Finance and 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 Hira Finance and Developers is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Hira Finance and Developers Private Limited, buy the company report.
Financials of Hira Finance and Developers Private Limited
FY 2025 filings availableHira Finance and Developers Private Limited reported revenue of ₹21.52 Lakh (up 240% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 240% growth in the latest year. EBITDA rose 521% 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 | ₹9.18 Lakh | ||||
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| Net Profit (PAT) | ₹7.74 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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| EBITDA Margin | 42.7% | ||||
| Net Profit Margin | 36% | ||||
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To see the full financial statements and ratios of Hira Finance and Developers Private Limited, buy the company report.
Board of directors of Hira Finance and Developers Private Limited
Hira Finance and Developers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Ghanshyam Mehta Also directs: Monarch Realtors Private Limited | Director | 29 May 2018 | 8 Years 5 Months | Current |
| Purshottam Chattaram Budhrani | Director | 24 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Hira Finance and Developers Private Limited is audited by KAMAL ANIL KAPADIA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMAL ANIL KAPADIA & CO. | FY 2022 | 118350W |
Shareholding
The shareholding of Hira Finance and Developers Private Limited 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 Hira Finance and Developers Private Limited, buy the company report.
Legal cases
Hira Finance and Developers Private Limited has 1 court case on record: 1 filed by Hira Finance and Developers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and Anr. | Disposed |
To see the full case history of Hira Finance and 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 Hira Finance and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hira Finance and Developers 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 Hira Finance and Developers Private Limited, buy the company report.
Recent activity
Hira Finance and Developers Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Mayur Ghanshyam Mehta ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Hira Finance and Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 03 March 1981 (45+ years old) and is registered under CIN U45200MH1981PTC023989.
Hira Finance and Developers has 2 current directors:
- Mayur Ghanshyam Mehta - Director
- Purshottam Chattaram Budhrani - Director
The latest financial statements of Hira Finance and 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.
No. Hira Finance and Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Hira Finance and Developers is U45200MH1981PTC023989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hira Finance and Developers has 1 court case on record: 1 filed by the company.
Hira Finance and Developers was incorporated on 03 March 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Mayur Ghanshyam Mehta ceased to be Additional Director on 29 Sep 2024. Purshottam Chattaram Budhrani ceased to be Additional Director on 29 Sep 2024. Bhagwandas Bulchand Mahtani ceased to be Director on 24 Dec 2023. Hira Finance and Developers has 7 board changes on record in total.
The registered office of Hira Finance and Developers is at 2 BhanduS Court1St Past Lane Colaba, Mumbai, Maharashtra, India – 400005.
Hira Finance and Developers operates in the financial services industry, in the real estate financing segment.
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