India's Richest People 2026 edition · 1 director · Source: Hurun India
- #99 Niranjan Hiranandani ₹33,000 Cr
Revenue · FY 2025
₹37.41 Lakh
▲ 9% YoY
Net profit · FY 2025
₹23.58 Lakh
Net margin 63%
EBITDA · FY 2025
₹31.64 Lakh
EBITDA margin 84.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹17 Cr
Secured borrowings
Company age
35 yrs
Est. 1991
Directors on board
4
As per MCA filings
About Hiranandani Developers Private Limited
Data last updated:
Hiranandani Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 February 1991 and has been in existence for over 35 years.
Its director Niranjan Hiranandani is #99 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1991PTC060350. Its GSTIN is 27AAACH1134K1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Niranjan Lakhumal Hiranandani and Alka Bhatia Hiranandani.
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 514 Dalamal Towers211 F P J Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.41 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹23.58 Lakh (net margin 63%) and EBITDA of ₹31.64 Lakh (EBITDA margin 84.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹17 Cr on record. Court records list 34 cases involving the company, including 9 filed by the company and 25 filed against it; 11 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in August 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hiranandani.com.
Company details
CIN U70100MH1991PTC060350
Registration Number 060350
Incorporation Date 18 February 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Niranjan Lakhumal Hiranandani Director Alka Bhatia Hiranandani Director Kamal Niranjan Hiranandani Director Recognitions & Rankings of Hiranandani Developers
Contact details
Hiranandani Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is hiranandani.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address514 Dalamal Towers211 F P J Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hiranandani Developers Private Limited, buy the company report.
Comprehensive company report
Hiranandani Developers Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Hiranandani 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 Hiranandani Developers Private Limited, buy the company report.
Financials of Hiranandani Developers Private Limited
FY 2025 filings availableHiranandani Developers Private Limited reported revenue of ₹37.41 Lakh (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹37.41 Lakh ▲ 9%
Net profit · FY 2025
₹23.58 Lakh margin 63%
EBITDA · FY 2025
₹31.64 Lakh margin 84.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 12%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 13%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 9% growth in the latest year. EBITDA rose 11% 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 | ₹31.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.58 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 | 84.6% | ||||
| Net Profit Margin | 63% | ||||
| 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 Hiranandani Developers Private Limited, buy the company report.
Board of directors of Hiranandani Developers Private Limited
Hiranandani Developers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Lakhumal Hiranandani Also directs: Sindhudurg Plantations LLP, Deogad Horticulture and Industries LLP, Iresh Agro LLP and 5 more | Director | 18 Feb 1991 | 35 Years 8 Months | Current |
| Alka Bhatia Hiranandani Also directs: Deogad Horticulture and Industries LLP, Hemangi Agro LLP, Sahyandri Hill Plantations LLP and 5 more | Director | 07 Oct 2013 | 13 Years 0 Months | Current |
| Kamal Niranjan Hiranandani Also directs: Deogad Horticulture and Industries LLP, Hemangi Agro LLP, Sahyandri Hill Plantations LLP and 5 more | Director | 11 Jan 1994 | 32 Years 9 Months | Current |
| Surendra Lakhumal Hiranandani Also directs: Eternia Developers LLP, Penrose Constructions LLP, Poseidon Communications LLP and 5 more | Director | 18 Feb 1991 | 35 Years 8 Months | Current |
Auditor
Hiranandani Developers Private Limited is audited by S.H.Patrawala & Co. (Swati H. Patrawala) for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.H.Patrawala & Co. (Swati H. Patrawala) | FY 2023 | 39015 |
Shareholding
The shareholding of Hiranandani 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 Hiranandani Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2004 | 90167158 | Union Bak of India | ₹15 Cr | Open | |
| 19 Nov 1996 | 90163451 | Sbi Commercial and International Bank Ltd. | ₹2 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Hiranandani Developers Private Limited has 5 deals on record (5 secondary share transfers); the latest was in August 2019.
Total deals
5
Secondary share transfers
5
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Surendra Hiranandani - HUF |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Niranjan Hiranandani - HUF |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: Surendra Hiranandani - HUF Seller: 2 individuals |
| Jan 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hiranandani Developers Private Limited has 34 court cases on record: 9 filed by Hiranandani Developers, 25 filed against it. 11 cases are pending and 23 are disposed.
Total cases
34
Filed by the company
9
Filed against the company
25
Pending
11
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 10 | 2 |
| District courts | 15 | 15 | 9 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Union of India and 5 Ors | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Hiranandani 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 Hiranandani Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hiranandani Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH1134K1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hiranandani Developers Private Limited, buy the company report.
Recent activity
Hiranandani Developers Private Limited has 7 board changes on record since 1991: 4 appointments and 3 cessations. The latest: Alka Bhatia Hiranandani ceased to be Additional Director on 30 Sep 2014.
AGM
Hiranandani Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hiranandani Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Alka Bhatia Hiranandani ceased to be Additional Director.
Appointed
Alka Bhatia Hiranandani was appointed as Director.
Ceased
Lakhumal Hiranandani ceased to be Director.
Ceased
Priti Surendra Hiranandani ceased to be Director.
Charges
A charge with Union Bak Of India amounted to Rs. 15.00 Cr with Charge ID 90167158 was registered on 05 Apr 2004.
Charges
A charge with Sbi Commercial And International Bank Ltd. amounted to Rs. 2.00 Cr with Charge ID 90163451 was registered on 19 Nov 1996.
Appointed
Kamal Niranjan Hiranandani was appointed as Director.
Appointed
Niranjan Lakhumal Hiranandani was appointed as Director.
Appointed
Surendra Lakhumal Hiranandani was appointed as Director.
Incorporation
18 Feb 1991
Hiranandani Developers Private Limited was registered on 18 Feb 1991 with Roc Mumbai & aged 35 years 8 months as per MCA records.
News
Frequently asked questions
Hiranandani Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 February 1991 (35+ years old) and is registered under CIN U70100MH1991PTC060350.
Hiranandani Developers has 4 current directors:
- Niranjan Lakhumal Hiranandani - Director
- Alka Bhatia Hiranandani - Director
- Kamal Niranjan Hiranandani - Director
- Surendra Lakhumal Hiranandani - Director
The latest financial statements of Hiranandani 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 Hiranandani Developers is 27AAACH1134K1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hiranandani Developers is U70100MH1991PTC060350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hiranandani Developers has 34 court cases on record: 9 filed by the company and 25 filed against it. 11 are pending. Most are in the high courts.
Hiranandani Developers was incorporated on 18 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Hiranandani Developers has 5 deals on record (5 secondary share transfers); the latest was in August 2019.
Alka Bhatia Hiranandani ceased to be Additional Director on 30 Sep 2014. Alka Bhatia Hiranandani was appointed as Director on 07 Oct 2013. Lakhumal Hiranandani ceased to be Director on 05 Sep 2013. Hiranandani Developers has 7 board changes on record in total.
Hiranandani Developers can be reached through the website hiranandani.com. Its registered office is in Mumbai, Maharashtra, India.