About Housing Development And Infrastructure Limited
Data last updated: 24 June 2025
Housing Development And Infrastructure Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 25 July 1996, the company has been in operation for over 30 years.
Registered with ROC Mumbai under CIN L70100MH1996PLC101379. Listed on BSE: 532873 and NSE: BZ : HDIL.
Capital: an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹474 Cr. Formerly known as Housing Development and Improvement India Limited and Housing Development and Improvement India Privatelimited. It is led by directors Sarang Rakesh Wadhawan and Rakeshkumar Kuldipsingh Wadhawan.
Last AGM: 29 September 2018. Financial statements filed for year ended 31 March 2018. Office: 9 – 01 Hdil Towers Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051.
As per NSE-filed standalone financials for FY 2023, the company reported a revenue of ₹1.31 Cr. Total assets are valued at ₹3,963.26 Cr.
The company has a workforce of approximately 32 employees as per the latest available data. Its group structure includes 6 subsidiaries.
The company is associated with 1 brand - Housing Development Infrastructure Limited. As per MCA filings, the company has open charges of ₹5,067.32 Cr and satisfied charges of ₹5,132.82 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is hdil.in.
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EmailLocked
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Registered Address9 – 01 Hdil Towers Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Housing Development And Infrastructure Limited
Housing Development And Infrastructure Limited has undergone 3 name changes throughout its history. The company was previously known as Housing Development And Improvement India Limited, Housing Development And Improvement India Privatelimited, and Housing Development And Improvement India Private Limited. The current legal name is Housing Development And Infrastructure Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Housing Development And Infrastructure Limited | Current |
| Housing Development And Improvement India Limited | Previous |
| Housing Development And Improvement India Privatelimited | Previous |
| Housing Development And Improvement India Private Limited | Previous |
CIN History of Housing Development And Infrastructure Limited
Housing Development And Infrastructure Limited has one previous CIN (Corporate Identification Number): U70100MH1996PLC101379. The current CIN is L70100MH1996PLC101379, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70100MH1996PLC101379 | Current |
| U70100MH1996PLC101379 | Previous |
Associated Brands with Housing Development And Infrastructure Limited
Housing Development And Infrastructure Limited operates one associated brand: Housing Development Infrastructure Limited. These brands represent Housing Development And Infrastructure Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Developer of residential & commercial properties | hdil.in |
Competitors & Alternatives of Housing Development And Infrastructure Limited
Brands and companies operating in the same space as Housing Development And Infrastructure Limited include Godrej Properties, Vingroup, DLF India and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Godrej Properties
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Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
Vingroup
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Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
DLF India
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Provider of property and real estate development services | Gurugram, India, India | 1947 |
Lendlease
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
Frasers Property
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
Lodha Group
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Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
Vanke
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Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
Eiffage
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Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France, France | 1920 |
City Developments
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Real estate development and management services are provided globally. | Singapore, Singapore, Singapore | 1963 |
Mirvac
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Residential and commercial properties are developed and managed by Mirvac. | Sydney, Australia, Australia | 1972 |
Business Activity of Housing Development And Infrastructure Limited
Housing Development And Infrastructure Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for Housing Development And Infrastructure Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Housing Development And Infrastructure Limited
Housing Development And Infrastructure Limited is audited by RAJESWARI & ASSOCIATES for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESWARI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Housing Development And Infrastructure Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors and KMP of Housing Development And Infrastructure Limited
Housing Development And Infrastructure Limited currently reports 2 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Dhrupad Majmudar | Cfo | 14 Feb 2014 | 12 Years 6 Months | As last reported |
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Sarang Rakesh Wadhawan
Also directs:
Privilege Airways Pvt Ltd, Privilege Distilleries Private Limited, Privilege Holding And Investment Private Limited and 2 more
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Managing Director | 04 Mar 2005 | 21 Years 5 Months | As last reported |
| Rakeshkumar Kuldipsingh Wadhawan | Whole-Time Director | 27 Jan 2004 | 22 Years 6 Months | As last reported |
Financials of Housing Development And Infrastructure Limited FY 2023 filings available
Housing Development And Infrastructure Limited reported revenue of ₹1.31 Cr for FY 2023.
| Metrics | FY 2023 | FY 2020 |
|---|---|---|
| Revenue from Operations | ₹1.31 Cr | ₹414.19 Cr |
| Other Income | ₹1.37 Cr | ₹10.4 Cr |
| Total Income | ₹2.69 Cr | ₹424.6 Cr |
| Cost of Materials Consumed | ₹0 | ₹435.45 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹432.23 Cr |
| Employee Benefit Expense | ₹3.53 Cr | ₹18.63 Cr |
| Finance Costs | ₹0 | ₹110.95 Cr |
| Depreciation & Amortisation | ₹2.73 Cr | ₹8.61 Cr |
| Other Expenses | ₹16.23 Cr | ₹11.63 Cr |
| Total Expenses | ₹22.49 Cr | ₹1,017.5 Cr |
| Profit Before Exceptional Items & Tax | -₹19.8 Cr | -₹592.91 Cr |
| Exceptional Items | ₹0 | -₹13,404 Cr |
| Profit Before Tax | -₹19.8 Cr | -₹13,997 Cr |
| Total Tax Expense | ₹0 | -₹29.32 Cr |
| Net Profit | -₹19.8 Cr | -₹13,967 Cr |
| Other Comprehensive Income | ₹0 | ₹0 |
| Total Comprehensive Income | -₹19.8 Cr | -₹13,967 Cr |
| EBITDA (computed) | -₹17.07 Cr | -₹473.35 Cr |
| Basic EPS | ₹-0.42 | ₹-296.75 |
| Diluted EPS | ₹-0.42 | ₹-296.75 |
| Metrics | FY 2023 |
|---|---|
| Total Assets | ₹3,963.26 Cr |
| Non-current Assets | ₹701.95 Cr |
| Current Assets | ₹3,261.32 Cr |
| Property, Plant & Equipment | ₹100.9 Cr |
| Inventories | ₹2,837.44 Cr |
| Trade Receivables | ₹404.08 Cr |
| Cash & Equivalents | ₹3.54 Cr |
| Equity (Net Worth) | -₹2,284.61 Cr |
| Equity Share Capital | ₹474 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹2,483.64 Cr |
| Total Debt (computed) | ₹2,483.64 Cr |
| Current Liabilities | ₹6,247.87 Cr |
| Total Liabilities | ₹6,247.87 Cr |
| Metrics | FY 2023 |
|---|---|
| Operating Cash Flow | -₹2.03 Cr |
| Investing Cash Flow | ₹27.8 Lakh |
| Financing Cash Flow | ₹5.13 Lakh |
| Capital Expenditure | ₹0 |
| Free Cash Flow (computed) | -₹2.03 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | -₹1.7 Cr |
| Metrics | Q3 FY24 | Q2 FY24 | Q4 FY23 | Q3 FY23 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹37.88 Lakh | ₹43.56 Lakh | ₹35.97 Lakh | ₹26.85 Lakh | ₹13.22 Lakh | ₹25.39 Lakh | ₹27.67 Lakh | ₹1.81 Cr | ₹1.81 Cr | ₹346.34 Cr |
| Other Income | ₹25.31 Lakh | ₹30.32 Lakh | ₹34.19 Lakh | ₹29.05 Lakh | ₹42.95 Lakh | ₹26.7 Lakh | ₹23.29 Lakh | ₹96.97 Lakh | ₹1.38 Cr | ₹4.29 Cr |
| Total Income | ₹63.19 Lakh | ₹73.88 Lakh | ₹70.16 Lakh | ₹55.9 Lakh | ₹56.17 Lakh | ₹52.09 Lakh | ₹50.97 Lakh | ₹2.78 Cr | ₹3.19 Cr | ₹350.62 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹15.93 Cr | ₹3.06 Cr | ₹337.32 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹467.97 Cr |
| Employee Benefit Expense | ₹52.03 Lakh | ₹52.34 Lakh | ₹75.33 Lakh | ₹90.23 Lakh | ₹1.63 Cr | ₹1.12 Cr | ₹10.87 Lakh | ₹3.36 Cr | ₹4.93 Cr | ₹4.96 Cr |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹20,000 | ₹76.98 Cr |
| Depreciation & Amortisation | ₹64.93 Lakh | ₹66.01 Lakh | ₹94.38 Lakh | ₹59.57 Lakh | ₹69.12 Lakh | ₹69.22 Lakh | ₹69.22 Lakh | ₹1.17 Cr | ₹1.13 Cr | ₹5.11 Cr |
| Other Expenses | ₹1.35 Cr | ₹1.34 Cr | ₹12.33 Cr | ₹1.26 Cr | ₹1.55 Cr | ₹45.18 Lakh | ₹42.43 Lakh | ₹4.05 Cr | ₹1.21 Cr | ₹32.89 Cr |
| Total Expenses | ₹2.52 Cr | ₹2.53 Cr | ₹14.03 Cr | ₹2.75 Cr | ₹3.87 Cr | ₹2.27 Cr | ₹1.23 Cr | ₹24.51 Cr | ₹10.33 Cr | ₹925.24 Cr |
| Profit Before Exceptional Items & Tax | -₹1.89 Cr | -₹1.79 Cr | -₹13.33 Cr | -₹2.19 Cr | -₹3.31 Cr | -₹1.75 Cr | -₹71.55 Lakh | -₹21.73 Cr | -₹7.14 Cr | -₹574.62 Cr |
| Exceptional Items | ₹11.24 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹13,400 Cr | ₹0 | -₹3.34 Cr |
| Profit Before Tax | -₹1.78 Cr | -₹1.79 Cr | -₹13.33 Cr | -₹2.19 Cr | -₹3.31 Cr | -₹1.75 Cr | -₹71.55 Lakh | -₹13,422 Cr | -₹7.14 Cr | -₹577.95 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹29.32 Cr | ₹0 | -₹2.58 Cr |
| Net Profit | -₹1.78 Cr | -₹1.79 Cr | -₹13.33 Cr | -₹2.19 Cr | -₹3.31 Cr | -₹1.75 Cr | -₹71.55 Lakh | -₹13,393 Cr | -₹7.14 Cr | -₹575.37 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹19 Lakh |
| Total Comprehensive Income | -₹1.78 Cr | -₹1.79 Cr | -₹13.33 Cr | -₹2.19 Cr | -₹3.31 Cr | -₹1.75 Cr | -₹71.55 Lakh | -₹13,393 Cr | -₹7.14 Cr | -₹575.56 Cr |
| EBITDA (computed) | -₹1.24 Cr | -₹1.13 Cr | -₹12.38 Cr | -₹1.6 Cr | -₹2.62 Cr | -₹1.05 Cr | -₹2.33 Lakh | -₹20.57 Cr | -₹6 Cr | -₹492.52 Cr |
| Basic EPS | ₹-0.12 | ₹-0.04 | ₹-0.28 | ₹-0.05 | ₹0.12 | ₹-0.04 | ₹-0.02 | ₹-284.55 | ₹-0.15 | ₹-12.27 |
| Diluted EPS | ₹-0.12 | ₹-0.04 | ₹-0.28 | ₹-0.05 | ₹0.12 | ₹-0.04 | ₹-0.02 | ₹-284.55 | ₹-0.15 | ₹-12.27 |
| Segment · FY 2020 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Construction Business | ₹414.19 Cr | -₹481.96 Cr | - | - |
Shareholding Pattern of Housing Development And Infrastructure Limited
As per the shareholding pattern filed with NSE for the quarter ended Jun 2019, promoters hold 41.85%, public shareholders hold 58.15% of Housing Development And Infrastructure Limited.
| Jun 2019 | May 2019 | Mar 2019 | Dec 2018 | Sep 2018 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Promoters | 41.85% | 41.85% | 39.28% | 39.28% | 36.49% | 39.28% |
| Public | 58.15% | 58.15% | 60.72% | 60.72% | 63.51% | 60.72% |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| Promoters | 39.28% | 36.49% | 36.49% | 34.25% |
| Public | 60.72% | 63.51% | 63.51% | 65.75% |
| Promoter change (YoY, %pts) | +2.79 | +0.00 | +2.24 | - |
Group Structure of Housing Development And Infrastructure Limited
Housing Development And Infrastructure Limited has 6 subsidiary companies. This group structure data is as of FY 2018. The corporate group structure reflects Housing Development And Infrastructure Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Blue Star Realtors Private Limited | U45200MH1990PTC055968 | - |
| Guruashish Construction Private Limited | U45200MH2000PTC126895 | - |
| Privilege Power And Infrastructure Private Limited | U65990MH1984PTC033927 | - |
| Lashkaria Construction Private Limited | U70100MH2000PTC128723 | - |
| Mazda Estates Private Limited | U70100MH2004PTC136339 | - |
| Bkc Developers Private Limited (Cn) | U74999MH2003PTC143045 | - |
Showing major subsidiaries. Total: 6.
Charges & Borrowings of Housing Development And Infrastructure Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2018 | Punjab and Maharashtra Co-Operative Bank Limited | ₹136 Cr | Open |
| 16 Aug 2018 | Punjab and Maharashtra Co-Operative Bank Limited | ₹136 Cr | Open |
| 18 Apr 2018 | Punjab and Maharashtra Co-Operative Bank Limited | ₹200 Cr | Open |
| 05 Mar 2018 | Punjab and Maharashtra Co-Operative Bank Limited | ₹120 Cr | Open |
| 21 Mar 2017 | Yes Bank Limited | ₹420 Cr | Open |
Total charge records: 62 View all charges
Employees and EPFO Compliance at Housing Development And Infrastructure Limited
Housing Development And Infrastructure Limited has a workforce of 32 employees as of Apr 01, 2024.
Employee and EPFO history for Housing Development And Infrastructure Limited
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GST Compliance of Housing Development And Infrastructure Limited
GST registrations and filing compliance for Housing Development And Infrastructure Limited
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Credit Ratings, Litigation & Regulatory Alerts for Housing Development And Infrastructure Limited
Credit ratings, litigation, and regulatory alerts for Housing Development And Infrastructure Limited
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MSME Payment Delays by Housing Development And Infrastructure Limited
MSME payment history for Housing Development And Infrastructure Limited
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Subsidiaries & Group Companies of Housing Development And Infrastructure Limited
Corporate group structure for Housing Development And Infrastructure Limited
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MCA Filings & Documents of Housing Development And Infrastructure Limited
MCA filings and documents for Housing Development And Infrastructure Limited
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Recent Activity on Housing Development And Infrastructure Limited
Recent News on Housing Development And Infrastructure Limited
Frequently Asked Questions about Housing Development And Infrastructure Limited
Housing Development And Infrastructure Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Housing Development And Infrastructure Limited is a company under insolvency, formerly operating as a public limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 25 July 1996 and is registered under CIN L70100MH1996PLC101379. Listed on BSE: 532873 and NSE: BZ : HDIL. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Housing Development And Infrastructure Limited reported revenue of ₹1.31 Cr for FY 2023 based on standalone NSE filings.
The current directors and KMP of Housing Development And Infrastructure Limited are:
- Darshan Dhrupad Majmudar - Cfo
- Sarang Rakesh Wadhawan - Managing Director
- Rakeshkumar Kuldipsingh Wadhawan - Whole-Time Director
The CIN (Corporate Identification Number) of Housing Development And Infrastructure Limited is L70100MH1996PLC101379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Housing Development And Infrastructure Limited is listed on both BSE (code: 532873) and NSE (symbol: BZ : HDIL).