MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-07-0003016
Ithemba Developments Limited - real estate and construction in Hoohgly, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.73 Lakh
▼ 94% YoY
Net loss · FY 2025
₹1.06 Cr
Latest filing
EBITDA · FY 2025
-₹84.29 Lakh
Latest filing
Authorised capital
₹1.32 Cr
Registered with MCA
Paid-up capital
₹1.32 Cr
Issued & subscribed
Open charges
₹7.3 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
4
As per MCA filings
About Ithemba Developments Limited
Data last updated:
Ithemba Developments Limited is a public limited company based in Hoohgly, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB2011PLC164512. Its GSTIN is 19AACCI6491E1ZE (West Bengal).
The company has an authorised share capital of ₹1.32 Cr and a paid-up capital of ₹1.32 Cr. It is led by directors including Helene Miller and Shilpa Ganguly.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S – 3 Nundy'S Enclave Bhudev Mukherjee Road Barabazar Chandannagar, Hoohgly, West Bengal, India – 712136.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.73 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹1.06 Cr and EBITDA of -₹84.29 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 60% over five years.
The company is associated with 1 brand: Ithemba Developments. As per MCA filings, the company has open charges of ₹7.3 Cr on record.
Ithemba Developments Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-07-0003016). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ithembadevelopments.com.
Company details
CIN U70109WB2011PLC164512
Registration Number 164512
Incorporation Date 04 July 2011
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-07-0003016
Recognitions & Rankings of Ithemba Developments
Contact details
Ithemba Developments Limited's registered office is in Hoohgly, West Bengal. Its website is ithembadevelopments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS – 3 Nundy'S Enclave Bhudev Mukherjee Road Barabazar Chandannagar, Hoohgly, West Bengal, India – 712136
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ithemba Developments Limited, buy the company report.
Comprehensive company report
Ithemba Developments 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ithemba Developments operates one associated brand: Ithemba Developments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development of residential and commercial projects in Chandannagar. | ithembadevelopments.com |
Business activity
The main business activity of Ithemba Developments is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
Financials of Ithemba Developments Limited
FY 2025 filings availableIthemba Developments Limited reported revenue of ₹2.73 Lakh (down 94% YoY) for FY 2025.
Revenue · FY 2025
₹2.73 Lakh ▼ 94%
Net loss · FY 2025
₹1.06 Cr
EBITDA · FY 2025
-₹84.29 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 83%
5 years · compounded
▼ 60%
EBITDA CAGR growth
3 years · compounded
▼ 39%
5 years · compounded
▼ 28%
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 94% fall 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 | -₹84.29 Lakh | ||||
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| Net Profit (PAT) | -₹1.06 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Ithemba Developments Limited, buy the company report.
Board of directors of Ithemba Developments Limited
Ithemba Developments has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Helene Miller | Director | 04 Jul 2011 | 15 Years 3 Months | Current |
| Shilpa Ganguly | Director | 04 Jul 2011 | 15 Years 3 Months | Current |
| Saumyarup Ganguly | Director | 04 Jul 2011 | 15 Years 3 Months | Current |
| Puspita Ganguly Also directs: Xplore Inn LLP, Venditio Private Limited | Director | 04 Jul 2011 | 15 Years 3 Months | Current |
Auditor
Ithemba Developments Limited is audited by S JAYKISHAN for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S JAYKISHAN | FY 2019 | 309005E |
Shareholding
The shareholding of Ithemba Developments Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ithemba Developments Limited, buy the company report.
Charges & borrowings
Open charges
₹7.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101149216 | State Bank of India | ₹6.75 Cr | Open | |
| 11 Aug 2025 | 101175420 | Hdfc Bank Limited | ₹55.33 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ithemba Developments 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 Ithemba Developments Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ithemba Developments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCI6491E1ZE | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ithemba Developments Limited, buy the company report.
Recent activity
Ithemba Developments Limited has 8 board changes on record since 2011: 4 appointments and 4 cessations. The latest: Helene Miller ceased to be Director on 05 May 2025.
AGM
Ithemba Developments Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 6.75 Cr with Charge ID 101149216 was registered on 29 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.55 Cr with Charge ID 101175420 was registered on 11 Aug 2025.
Ceased
Helene Miller ceased to be Director.
Ceased
Shilpa Ganguly ceased to be Director.
Filing
Ithemba Developments Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Ceased
Sarbodamon Ganguly ceased to be Director.
Ceased
Brian Jeffrey Miller ceased to be Director.
Appointed
Helene Miller was appointed as Director.
Appointed
Puspita Ganguly was appointed as Director.
Appointed
Saumyarup Ganguly was appointed as Director.
Appointed
Shilpa Ganguly was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Ithemba Developments is an active public limited company based in Hoohgly, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 July 2011 (15+ years old) and is registered under CIN U70109WB2011PLC164512.
Ithemba Developments has 4 current directors:
- Helene Miller - Director
- Shilpa Ganguly - Director
- Saumyarup Ganguly - Director
- Puspita Ganguly - Director
The latest financial statements of Ithemba Developments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ithemba Developments is 19AACCI6491E1ZE, registered in West Bengal.
The CIN (Corporate Identification Number) of Ithemba Developments is U70109WB2011PLC164512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ithemba Developments was incorporated on 04 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
Helene Miller ceased to be Director on 05 May 2025. Shilpa Ganguly ceased to be Director on 05 May 2025. Sarbodamon Ganguly ceased to be Director on 26 Jan 2018. Ithemba Developments has 8 board changes on record in total.
Yes, Ithemba Developments is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-07-0003016).
Ithemba Developments can be reached through the website ithembadevelopments.com. Its registered office is in Hoohgly, West Bengal, India.
The registered office of Ithemba Developments is at S – 3 NundyS Enclave Bhudev Mukherjee Road Barabazar Chandannagar, Hoohgly, West Bengal, India – 712136.