Hiranandani Properties Private Limited

Hiranandani Properties Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U70100MH1991PTC060351 Incorporated 18 February 1991 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company real estate and construction
Data last updated
Revenue · FY 2024
₹14.21 Cr
▼ 45% YoY
Net loss · FY 2024
₹10 Cr
Net margin -70.4%
EBITDA · FY 2024
₹1.68 Cr
EBITDA margin 11.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹800 Cr
Satisfied ₹2,461 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
9
Provident fund records

About Hiranandani Properties Private Limited

Data last updated:

Hiranandani Properties 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 U70100MH1991PTC060351. Its GSTIN is 27AAACH3501L1ZS (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Niranjan Lakhumal Hiranandani and Surendra Lakhumal Hiranandani.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 514 Dalamal Towers 211 Fpj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.

As per the financials filed for FY 2024, the company reported a revenue of ₹14.21 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹10 Cr (net margin -70.4%) and EBITDA of ₹1.68 Cr (EBITDA margin 11.8%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 16% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: House of Hiranandani and Hiranandani Group. As per MCA filings, the company has open charges of ₹800 Cr and satisfied charges of ₹2,461 Cr on record. Court records list 85 cases involving the company, including 26 filed by the company and 59 filed against it; 23 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in December 2012. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 2 smaller; the largest is SNR Nirman India Private Limited with revenue of ₹14.23 Cr.

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 U70100MH1991PTC060351
Registration Number 060351
Incorporation Date 18 February 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Niranjan Lakhumal Hiranandani Director Surendra Lakhumal Hiranandani Director

Recognitions & Rankings of Hiranandani Properties

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Hiranandani Properties 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
    hiranandani.com
  • Registered Address
    514 Dalamal Towers 211 Fpj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Hiranandani Properties Private Limited, buy the company report.

Comprehensive company report
Hiranandani Properties 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
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Brands

Hiranandani Properties operates two associated brands: House of Hiranandani and Hiranandani Group. Each brand links to its own profile.

BrandDescriptionWebsite
House of Hiranandani
Develops innovative residential and commercial properties using advanced technologies.houseofhiranandani.com
Hiranandani Group
Luxury residential apartments, villas, and properties are developed in India.hiranandani.com

Business activity

The main business activities of Hiranandani Properties are construction and real estate. In detail, this covers buildings and real estate activities with own or leased property. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Hiranandani Properties Private Limited, buy the company report.

Financials of Hiranandani Properties Private Limited

FY 2024 filings available

Hiranandani Properties Private Limited reported revenue of ₹14.21 Cr (down 45% YoY) for FY 2024.

Revenue · FY 2024
₹14.21 Cr ▼ 45%
Net loss · FY 2024
₹10 Cr margin -70.4%
EBITDA · FY 2024
₹1.68 Cr margin 11.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 27%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 58%
5 years · compounded
▼ 37%

Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 45% fall in the latest year. EBITDA fell 84% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.68 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹10 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.8%
Net Profit Margin-70.4%
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 Properties Private Limited, buy the company report.

Board of directors of Hiranandani Properties Private Limited

Hiranandani Properties has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Niranjan Lakhumal Hiranandani
Also directs: Sindhudurg Plantations LLP, Deogad Horticulture and Industries LLP, Iresh Agro LLP and 5 more
Director18 Feb 199135 Years 8 MonthsCurrent
Surendra Lakhumal Hiranandani
Also directs: Eternia Developers LLP, Penrose Constructions LLP, Poseidon Communications LLP and 5 more
Director18 Feb 199135 Years 8 MonthsCurrent
View all directors

Peer comparison

Hiranandani Properties 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
SNR Nirman India Private Limited₹14.23 Cr (FY 2024)1572.0%Hyderabad, Telangana, India
Hiranandani Properties Private Limitedthis company₹14.21 Cr (FY 2024)-₹10 Cr-70.4%-45.0%9Mumbai, Maharashtra, India
Chennai Green Woods Private Limited₹14.2 Cr (FY 2025)-39.0%Hyderabad, Telangana, India
Rudhra Constructions Private Limited₹14.19 Cr (FY 2024)14.0%Hyderabad, Telangana, India

To see the full peer comparison of Hiranandani Properties Private Limited, buy the company report.

Auditor

Hiranandani Properties Private Limited is audited by S.H.Patrawala & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.H.Patrawala & CoFY 2023115260W

Shareholding

The shareholding of Hiranandani Properties 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hiranandani Properties Private Limited, buy the company report.

Charges & borrowings

Open charges
₹800 Cr
Satisfied charges
₹2,461 Cr
Breakdown by lending institutions
Axis Bank Limited₹1,450.00 Cr
Standard Chartered Bank₹500.00 Cr
Idbi Trusteeship Services Limited₹411.00 Cr
Others₹100.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Nov 2022100653851Axis Bank Limited₹800 CrSatisfied
01 Jun 2019100268321Axis Bank Limited₹650 CrSatisfied
12 Sep 2018100207187Idbi Trusteeship Services Limited₹411 CrSatisfied
10 Apr 2017100107403Others₹100 CrSatisfied
28 Jul 200480010175Standard Chartered Bank₹500 CrSatisfied

To see the full charge records of Hiranandani Properties Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Hiranandani Properties Private Limited has 3 deals on record (3 secondary share transfers); the latest was in December 2012.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
Dec 2012Secondary share transferUndisclosedBuyer: an individual
Seller: Niranjan Hiranandani - HUF
Apr 2009Secondary share transferUndisclosedBuyer: Surendra Hiranandani (HUF)
Seller: 2 individuals
Jan 2009Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hiranandani Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Hiranandani Properties Private Limited has a workforce of 9 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1
Employee growth
-30.77%

GST

Hiranandani Properties has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACH3501L1ZSMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Hiranandani Properties Private Limited, buy the company report.

Recent activity

Hiranandani Properties Private Limited has 9 board changes on record since 1991: 2 appointments and 7 cessations. The latest: Prakash Somalal Shah ceased to be Additional Director on 24 Dec 2020.

Charges
A charge registered on 16 Nov 2022 via Charge ID 100653851 with Axis Bank Limited was fully satisfied on 07 Nov 2025.
AGM
Hiranandani Properties Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hiranandani Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 01 Jun 2019 via Charge ID 100268321 with Axis Bank Limited was fully satisfied on 19 Dec 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 800.00 Cr with Charge ID 100653851 was registered on 16 Nov 2022.
Ceased
Prakash Somalal Shah ceased to be Additional Director.
Ceased
Niranjan Lakhumal Hiranandani ceased to be Managing Director.
Charges
A charge with Axis Bank Limited of Rs. 650.00 Cr registered on 01 Jun 2019 with Charge ID 100268321 was modified on 11 Jul 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 650.00 Cr with Charge ID 100268321 was registered on 01 Jun 2019.
Charges
A charge registered on 10 Apr 2017 via Charge ID 100107403 with Others was fully satisfied on 22 May 2019.
Charges
A charge registered on 12 Sep 2018 via Charge ID 100207187 with Idbi Trusteeship Services Limited was fully satisfied on 27 Feb 2019.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 411.00 Cr with Charge ID 100207187 was registered on 12 Sep 2018.

12 earlier events are in the company report.

News

Frequently asked questions

Hiranandani Properties 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 U70100MH1991PTC060351.

Hiranandani Properties has 2 current directors:

The latest financial statements of Hiranandani Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Hiranandani Properties is 27AAACH3501L1ZS, registered in Maharashtra.

The CIN (Corporate Identification Number) of Hiranandani Properties is U70100MH1991PTC060351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hiranandani Properties has 85 court cases on record: 26 filed by the company and 59 filed against it. 23 are pending. Most are in the high courts.

Hiranandani Properties was incorporated on 18 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.

Hiranandani Properties has 3 deals on record (3 secondary share transfers); the latest was in December 2012.

The peers of Hiranandani Properties by revenue are SNR Nirman India Private Limited, Chennai Green Woods Private Limited, Rudhra Constructions Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).

Prakash Somalal Shah ceased to be Additional Director on 24 Dec 2020. Niranjan Lakhumal Hiranandani ceased to be Managing Director on 06 Jan 2020. Kamal Niranjan Hiranandani ceased to be Director on 04 Sep 2017. Hiranandani Properties has 9 board changes on record in total.

Hiranandani Properties can be reached through the website hiranandani.com. Its registered office is in Mumbai, Maharashtra, India.