
About Horizon Projects Private Limited
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Horizon Projects Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Runwal Developers Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 February 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2011PTC213029. Its GSTIN is 27AAFCR1404F1ZS (Maharashtra).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Runwal Horizons Private Limited. It was led by directors Saurabh Shankar Natu and Sameer Parasmal Nahar.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹114.14 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹9.51 Cr (net margin 8.3%) and EBITDA of ₹12.78 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 12% over five years.
The company had about 230 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Runwal. As per MCA filings, the company had open charges of ₹1,629.46 Cr and satisfied charges of ₹1,511.61 Cr on record. Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it; 4 cases are pending.
The last known website on record is runwal.com.
Company details
Contact details
Horizon Projects Private Limited's registered office is in Mumbai, Maharashtra. Its website is runwal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRunwal& Omkar Esquare 5th Floor Off Eastern Exp Highway Opp Sion Chunabhatti Signal, Sion (E), Mumbai, Maharashtra, India – 400022
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Horizon Projects 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
Brands
Horizon Projects operates one associated brand: Runwal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial, residential, and real estate properties are developed in India. | runwal.com |
Business activity
The main business activity of Horizon Projects 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 Horizon Projects Private Limited, buy the company report.
Financials of Horizon Projects Private Limited
FY 2025 filings availableHorizon Projects Private Limited reported revenue of ₹114.14 Cr (up 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 52% growth in the latest year. EBITDA fell 22% 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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| Total Expenses | |||||
| EBITDA | ₹12.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.51 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | ||||
| Net Profit Margin | 8.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Horizon Projects Private Limited, buy the company report.
Board of directors of Horizon Projects Private Limited
Horizon Projects has 2 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Shankar Natu Also directs: Runwal Heights Private Limited, Runwal Residency Private Limited, Evie Construction Private Limited and 5 more | Director | 08 Dec 2022 | 3 Years 11 Months | As last reported |
| Sameer Parasmal Nahar | Director | 07 Mar 2025 | 1 Years 8 Months | As last reported |
Peer comparison
Horizon Projects Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Kumar Properties and Real Estate Private Limited | ₹115.19 Cr (FY 2025) | -21.0% | Pune, Maharashtra, India | |||
| Horizon Projects Private Limitedthis company | ₹114.14 Cr (FY 2025) | ₹9.51 Cr | 8.3% | 52.0% | 230 | Mumbai, Maharashtra, India |
| Samridhi Infra Square Private Limited | ₹114.06 Cr (FY 2025) | 30.0% | Delhi, India | |||
| Chintels India Private Limited | ₹113.78 Cr (FY 2025) | 11.0% | Gurgaon, Haryana, India | |||
| LMD India Engineering Private Limited | ₹113.64 Cr (FY 2025) | 2049.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Horizon Projects Private Limited, buy the company report.
Auditor
Horizon Projects Private Limited is audited by M. B. Agrawal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. B. Agrawal & Co. | FY 2023 | 100137W |
Shareholding
The shareholding of Horizon Projects 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 Horizon Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100783590 | Others | ₹35 Cr | Satisfied | |
| 23 Aug 2021 | 100471874 | Others | ₹6.2 Lakh | Satisfied | |
| 23 Mar 2021 | 100435262 | Others | ₹70.1 Cr | Satisfied | |
| 28 Dec 2018 | 100225265 | Others | ₹495 Cr | Satisfied | |
| 23 May 2018 | 100182067 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Horizon Projects Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Horizon Projects Private Limited has 13 court cases on record: 11 filed by Horizon Projects, 2 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 2 | 4 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary cases) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Horizon Projects 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
Horizon Projects Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,514 overdue payments to 175 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 (5 of 175)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Wrappro India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Horizon Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Horizon Projects Private Limited has a workforce of 230 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Horizon Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR1404F1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Horizon Projects Private Limited, buy the company report.
Recent activity
Horizon Projects Private Limited has 21 board changes on record since 2013: 2 appointments and 19 cessations. The latest: Sameer Parasmal Nahar ceased to be Additional Director on 21 Sep 2025.
32 earlier events are in the company report.
News
Frequently asked questions
Horizon Projects has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Horizon Projects was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 February 2011 and is registered under CIN U45400MH2011PTC213029. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Horizon Projects was incorporated on 04 February 2011. It is registered with the Registrar of Companies, Mumbai.
Horizon Projects had 2 directors:
- Saurabh Shankar Natu - Director
- Sameer Parasmal Nahar - Director
The CIN (Corporate Identification Number) of Horizon Projects is U45400MH2011PTC213029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Horizon Projects is at Runwal& Omkar Esquare 5th Floor Off Eastern Exp Highway Opp Sion Chunabhatti Signal, Sion E, Mumbai, Maharashtra, India – 400022.
Horizon Projects can be reached through the website runwal.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Horizon Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Horizon Projects is 27AAFCR1404F1ZS, registered in Maharashtra.
Horizon Projects operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Horizon Projects by revenue are Kumar Properties and Real Estate Private Limited, Samridhi Infra Square Private Limited, Chintels India Private Limited, LMD India Engineering Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Horizon Projects has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,514 overdue payments to 175 micro and small suppliers. The latest return was filed on 06 May 2024.

