About Indore Treasure Island Private Limited
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Indore Treasure Island Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the mall and retail management segment of the business services sector. It was incorporated on 21 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2008PTC178050. Its GSTIN is 23AABCE9166H1ZM (Madhya Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2.08 Lakh. It was formerly known as Ewdpl West Realty Private Limited. It is led by directors including Gurjeet Singh Chhabra and Karan Singh Chhabra.
Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.37 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹17.88 Cr (net margin 36.2%) and EBITDA of ₹36.5 Cr (EBITDA margin 73.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
The company has about 16 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹458 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 3 cases are pending. The company has 9 deals on record (6 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹10.56 Cr; the latest was in June 2017. Its 6 peer companies in the Business Services industry (Mall Management), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 3 smaller; the largest is Nexus Udaipur Retail Private Limited with revenue of ₹51.49 Cr. The company has 18 MSME Form 1 returns on record between 2019 and 2024, listing 81 overdue payments to 22 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kalanigroup.com.
Company details
Contact details
Indore Treasure Island Private Limited's registered office is in Mumbai, Maharashtra. Its website is kalanigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice – 301 The Capital Bandra Kurla Complex Behind Icici Bank Plot C – 70 Bandra – Ea, St, Mumbai, Maharashtra, India – 400051
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of Indore Treasure Island 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 Indore Treasure Island is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Indore Treasure Island Private Limited, buy the company report.
Financials of Indore Treasure Island Private Limited
FY 2025 filings availableIndore Treasure Island Private Limited reported revenue of ₹49.37 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 1% growth in the latest year. EBITDA rose 2% 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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| EBITDA | ₹36.5 Cr | ||||
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| Net Profit (PAT) | ₹17.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 73.9% | ||||
| Net Profit Margin | 36.2% | ||||
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To see the full financial statements and ratios of Indore Treasure Island Private Limited, buy the company report.
Board of directors of Indore Treasure Island Private Limited
Indore Treasure Island has 4 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohan Deepak Vaswani Also directs: Padma Homes Private Limited, Kalani Brothers (Indore) Private Limited, Nexus Hyderabad Retail Private Limited and 5 more | Nominee Director | 12 May 2023 | 3 Years 5 Months | Current |
| Gurjeet Singh Chhabra | Director | 23 Jun 2017 | 9 Years 4 Months | Current |
| Karan Singh Chhabra Also directs: Miracle Realinfra LLP, C21 Fund Management LLP, Padma Homes Private Limited and 5 more | Director | 29 Apr 2015 | 11 Years 6 Months | Current |
| Pratik Nailesh Dantara Also directs: Padma Homes Private Limited, Kalani Brothers (Indore) Private Limited, Naman Mall Management Company Private Limited and 4 more | Nominee Director | 12 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Indore Treasure Island Private Limited is compared with the 6 companies closest to it by revenue in the Business Services industry (Mall Management), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nexus Udaipur Retail Private Limited | ₹51.49 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| G. S. Malls Private Limited | ₹51.16 Cr (FY 2024) | 11.0% | Jammu, Jammu and Kashmir, India | |||
| Achole Developers Private Limited | ₹50.41 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Indore Treasure Island Private Limitedthis company | ₹49.37 Cr (FY 2025) | ₹17.88 Cr | 36.2% | 1.0% | 16 | Mumbai, Maharashtra, India |
| Starboard Hotels Private Limited | ₹46.09 Cr (FY 2025) | -1.0% | Mahalaxmi, Maharashtra, India | |||
| Peevees Projects Private Limited | ₹45.82 Cr (FY 2024) | 16.0% | Kerala, India | |||
| Blackwood Developers Private Limited | ₹44.81 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Indore Treasure Island Private Limited, buy the company report.
Auditor
Indore Treasure Island Private Limited is audited by S R B C & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2024 | 324982E/E300003 |
Shareholding
The shareholding of Indore Treasure Island Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indore Treasure Island Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 2019 | 100284698 | Others | ₹165 Cr | Satisfied | |
| 21 Oct 2016 | 100057131 | Others | ₹165 Cr | Satisfied | |
| 26 Nov 2015 | 10604371 | Allahabad Bank | ₹128 Cr | Satisfied |
To see the full charge records of Indore Treasure Island Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Indore Treasure Island Private Limited has 9 deals on record (6 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹10.56 Cr; the latest was in June 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Blackstone Advisors India Seller: Ratangiri Vinimay Pvt Ltd |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Ratangiri Vinimay Pvt Ltd Seller: Vinayak Kalani Family Trust, Saurabh Kalani Family Trust |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Kalani Brothers (Indore) Private Limited , Padma Homes Private Limited |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: Kalani Brothers (Indore) Private Limited , Padma Homes Private Limited , 2 individuals Seller: Gwalior Edifice Private Limited , Aashling Entertainment World Developers Private Limited |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: Aashling Entertainment World Developers Private Limited, Gwalior Edifice Private Limited Seller: Entertainment World Developers Limited , 2 individuals |
To see the full deal history of Indore Treasure Island Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indore Treasure Island Private Limited has 11 court cases on record: 2 filed by Indore Treasure Island, 9 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| High courts | 5 | 3 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by M.P. Paschim Kshetra Vidyut Vitaran Company Ltd | Disposed |
| Bombay High Court | Appeal | Filed against the company by HDFC Bank Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company against Treasure Management Malls Pvt Ltd and 3 others | Disposed |
| Bombay High Court | Appeal | Filed against the company by The Phoenix Mills Ltd and Anr | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Jones Lang Lasalle Building Operations Pvt. Ltd. | Disposed |
To see the full case history of Indore Treasure Island 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.
Credit ratings & regulatory alerts
Indore Treasure Island Private Limited was last rated by Crisil on 13 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Oct 2020 |
To see the full credit ratings and regulatory alerts of Indore Treasure Island Private Limited, buy the company report.
MSME payment delays
Indore Treasure Island Private Limited has 18 MSME Form 1 returns on record between 2019 and 2024, listing 81 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kripal Commercial Advertising Private Limited | |||
| Ujaas Energy Limited | |||
| Ms Industrial Sales and Services | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Indore Treasure Island Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indore Treasure Island has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Padma Homes Private Limited | U45201MP2002PTC014963 | |
| Kalani Brothers (Indore) Private Limited | U74999MP1959PTC000882 |
To see the full group structure of Indore Treasure Island Private Limited, buy the company report.
Employees & EPFO
Indore Treasure Island Private Limited has a workforce of 16 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Indore Treasure Island has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCE9166H1ZM | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indore Treasure Island Private Limited, buy the company report.
Recent activity
Indore Treasure Island Private Limited has 27 board changes on record since 2008: 4 appointments and 23 cessations. The latest: Pratik Nailesh Dantara ceased to be Additional Director on 08 Aug 2023.
26 earlier events are in the company report.
Frequently asked questions
Indore Treasure Island is an active private limited company based in Mumbai, Maharashtra, India. The company works in mall and retail management, within the business services industry. It was incorporated on 21 January 2008 (18+ years old) and is registered under CIN U45200MH2008PTC178050.
Indore Treasure Island has 4 current directors:
- Rohan Deepak Vaswani - Nominee Director
- Gurjeet Singh Chhabra - Director
- Karan Singh Chhabra - Director
- Pratik Nailesh Dantara - Nominee Director
The latest financial statements of Indore Treasure Island on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indore Treasure Island is 23AABCE9166H1ZM, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Indore Treasure Island is U45200MH2008PTC178050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indore Treasure Island has 11 court cases on record: 2 filed by the company and 9 filed against it. 3 are pending. Most are in the district courts.
Indore Treasure Island was incorporated on 21 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Indore Treasure Island has 9 deals on record (6 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹10.56 Cr; the latest was in June 2017.
The peers of Indore Treasure Island by revenue are Nexus Udaipur Retail Private Limited, G. S. Malls Private Limited, Achole Developers Private Limited, Starboard Hotels Private Limited, Peevees Projects Private Limited and 1 more, all in the Business Services industry (Mall Management), with the same principal business activity (real estate activities with own or leased property).
Pratik Nailesh Dantara ceased to be Additional Director on 08 Aug 2023. Rohan Deepak Vaswani ceased to be Additional Director on 08 Aug 2023. Pratik Nailesh Dantara was appointed as Nominee Director on 12 May 2023. Indore Treasure Island has 27 board changes on record in total.
Indore Treasure Island has 18 MSME Form 1 returns on record between 2019 and 2024, listing 81 overdue payments to 22 micro and small suppliers. The latest return was filed on 15 Apr 2024.
Indore Treasure Island can be reached through the website kalanigroup.com. Its registered office is in Mumbai, Maharashtra, India.
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