Illusion Developers Private Limited
About Illusion Developers Private Limited
Data last updated:
Illusion Developers Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 July 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2011PTC165413.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Rahul Kyal and Sakhshi Kyal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 122/1R Satyendra Nath Majumder Sarani, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2023, the company reported a revenue of ₹22.7 Lakh. For the same year it recorded a net profit of ₹3.61 Lakh (net margin 15.9%) and EBITDA of ₹5.94 Lakh (EBITDA margin 26.2%).
As per MCA filings, the company has satisfied charges of ₹55 Cr on record.
Company details
Contact details
Illusion Developers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address122/1R Satyendra Nath Majumder Sarani, Kolkata, West Bengal, India – 700026
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Illusion 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 Illusion Developers 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 Illusion Developers Private Limited, buy the company report.
Financials of Illusion Developers Private Limited
FY 2023 filings availableIllusion Developers Private Limited reported revenue of ₹22.7 Lakh for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹5.94 Lakh | ||||
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| Net Profit (PAT) | ₹3.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 26.2% | ||||
| Net Profit Margin | 15.9% | ||||
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To see the full financial statements and ratios of Illusion Developers Private Limited, buy the company report.
Board of directors of Illusion Developers Private Limited
Illusion Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Kyal | Director | 26 Jul 2011 | 15 Years 2 Months | As last reported |
| Balkrishan Kyal | Additional Director | 16 Oct 2023 | 3 Years 0 Months | As last reported |
| Sakhshi Kyal | Director | 31 Jan 2015 | 11 Years 8 Months | As last reported |
Peer comparison
Illusion Developers 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 |
|---|---|---|---|---|---|---|
| Girdhargopal Constructions Private Limited | ₹22.73 Lakh (FY 2025) | 39.0% | Vidisha, Madhya Pradesh, India | |||
| Eco Properties Pvt Ltd | ₹22.71 Lakh (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Illusion Developers Private Limitedthis company | ₹22.7 Lakh (FY 2023) | ₹3.61 Lakh | 15.9% | Kolkata, West Bengal, India | ||
| R.B.Realtech Private Limited | ₹22.69 Lakh (FY 2019) | -67.0% | New Delhi, Delhi, India | |||
| Bright View Buildcon Private Limited | ₹22.68 Lakh (FY 2017) | -20.0% | New Delhi, Delhi, India |
To see the full peer comparison of Illusion Developers Private Limited, buy the company report.
Auditor
Illusion Developers Private Limited is audited by ANKIT R GUPTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKIT R GUPTA & CO | FY 2021 | 327921E |
Shareholding
The shareholding of Illusion Developers Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Illusion Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2019 | 100266041 | Others | ₹35 Cr | Satisfied | |
| 27 Sep 2018 | 100211344 | State Bank of India | ₹20 Cr | Satisfied |
To see the full charge records of Illusion Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Illusion Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Illusion Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Illusion Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Illusion Developers Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Balkrishan Kyal was appointed as Additional Director on 16 Oct 2023.
3 earlier events are in the company report.
Frequently asked questions
Illusion Developers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Illusion Developers was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 July 2011 and is registered under CIN U45400WB2011PTC165413. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Illusion Developers is U45400WB2011PTC165413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Illusion Developers had 3 directors:
- Rahul Kyal - Director
- Balkrishan Kyal - Additional Director
- Sakhshi Kyal - Director
Illusion Developers was incorporated on 26 July 2011. It is registered with the Registrar of Companies, Kolkata.
The registered office of Illusion Developers is at 1221R Satyendra Nath Majumder Sarani, Kolkata, West Bengal, India – 700026.
The latest financial statements of Illusion Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Illusion Developers operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Illusion Developers by revenue are Girdhargopal Constructions Private Limited, Eco Properties Pvt Ltd, R.B.Realtech Private Limited, Bright View Buildcon Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Balkrishan Kyal was appointed as Additional Director on 16 Oct 2023. Sakhshi Kyal ceased to be Additional Director on 29 Sep 2015. Balkrishan Kyal ceased to be Director on 03 Feb 2015. Illusion Developers has 6 board changes on record in total.
Illusion Developers has no open charges and satisfied charges of ₹55 Cr as per latest MCA filings.