- #347 Mofatraj Pukhraj Munot & family ₹10,900 Cr

Ixora Properties Private Limited
About Ixora Properties Private Limited
Data last updated:
Ixora Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 23 September 2021 and has been in existence for over 5 years.
Its director Mofatraj Pukhraj Munot and family are #347 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2021PTC368043. Its GSTIN is 27AAGCI3224D1ZY (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Parag Mofatraj Munot and Mofatraj Pukhraj Munot.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 101 Kalpataru Synergy Opp. Grant Hyatt Santacruz East, Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2025, the company reported a revenue of ₹315.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹71.83 Cr (net margin 22.8%) and EBITDA of ₹98.96 Cr (EBITDA margin 31.4%).
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹260 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 debt financing), with disclosed funding of ₹80 Cr; the latest was in December 2021. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 4 smaller; the largest is Express Infrastructure Private Limited with revenue of ₹314.29 Cr. The company has 6 MSME Form 1 returns on record between 2022 and 2023, listing 20 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Ixora Properties
Contact details
Ixora Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101 Kalpataru Synergy Opp. Grant Hyatt Santacruz East, Mumbai, Maharashtra, India – 400055
- IndustryReal Estate and Construction, Real Estate Marketing & Sales, Real Estate Builders & Developers
To see the full contact details of Ixora Properties 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 Ixora Properties 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 Ixora Properties Private Limited, buy the company report.
Financials of Ixora Properties Private Limited
FY 2025 filings availableIxora Properties Private Limited reported revenue of ₹315.33 Cr (up 61729% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹98.96 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹71.83 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 31.4% | |||
| Net Profit Margin | 22.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Ixora Properties Private Limited, buy the company report.
Board of directors of Ixora Properties Private Limited
Ixora Properties has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Mofatraj Munot | Director | 23 Sep 2021 | 5 Years 1 Months | Current |
| Mofatraj Pukhraj Munot | Director | 23 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Ixora Properties 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 (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 |
|---|---|---|---|---|---|---|
| Ixora Properties Private Limitedthis company | ₹315.33 Cr (FY 2025) | ₹71.83 Cr | 22.8% | 61729.0% | 19 | Mumbai, Maharashtra, India |
| Express Infrastructure Private Limited | ₹314.29 Cr (FY 2024) | 11.0% | Chennai, Tamil Nadu, India | |||
| Urbanac Projects Private Limited | ₹313.06 Cr (FY 2025) | 72.0% | New Delhi, Delhi, India | |||
| Wadhwa & Associates Project Developers Private Limited | ₹310.95 Cr (FY 2025) | 67.0% | Mumbai, Maharashtra, India | |||
| Brigade Properties Private Limited | ₹309.57 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ixora Properties Private Limited, buy the company report.
Auditor
Ixora Properties Private Limited is audited by Singhi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co | FY 2023 | 302049E |
Shareholding
The shareholding of Ixora Properties Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ixora Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2021 | 100523768 | Idbi Trusteeship Services Limited | ₹165 Cr | Satisfied | |
| 24 Nov 2021 | 100529123 | Idbi Trusteeship Services Limited | ₹95 Cr | Satisfied |
To see the full charge records of Ixora Properties Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ixora Properties Private Limited has 1 deal on record (1 debt financing), with disclosed funding of ₹80 Cr; the latest was in December 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Debt financing | ₹80 Cr | Investors: Kotak Performing Re Credit Strategy Fund |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ixora Properties Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Hatim Glazing Cladding Pvt Ltd | Disposed |
To see the full case history of Ixora Properties 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
Ixora Properties Private Limited has 6 MSME Form 1 returns on record between 2022 and 2023, listing 20 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Post Tension Services (Gujarat) LLP | |||
| Flag Security Services | |||
| an individual supplier | |||
| Elegan Stationers | |||
| an individual supplier |
To see the full MSME payment records of Ixora Properties Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ixora Properties Private Limited has a workforce of 19 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Ixora Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI3224D1ZY | Maharashtra | Active | 30 Nov 2021 |
To see the full GST registrations and return filing status of Ixora Properties Private Limited, buy the company report.
Recent activity
Ixora Properties Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Mofatraj Pukhraj Munot was appointed as Director on 23 Sep 2021.
Frequently asked questions
Ixora Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 23 September 2021 (5+ years old) and is registered under CIN U70109MH2021PTC368043.
Ixora Properties has 2 current directors:
- Parag Mofatraj Munot - Director
- Mofatraj Pukhraj Munot - Director
The latest financial statements of Ixora Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Ixora Properties is 27AAGCI3224D1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ixora Properties is U70109MH2021PTC368043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ixora Properties has 1 court case on record: 1 filed against it.
Ixora Properties was incorporated on 23 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Ixora Properties has 1 deal on record (1 debt financing), with disclosed funding of ₹80 Cr; the latest was in December 2021.
The peers of Ixora Properties by revenue are Express Infrastructure Private Limited, Urbanac Projects Private Limited, Wadhwa & Associates Project Developers Private Limited, Brigade Properties Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Mofatraj Pukhraj Munot was appointed as Director on 23 Sep 2021. Parag Mofatraj Munot was appointed as Director on 23 Sep 2021.
Ixora Properties has 6 MSME Form 1 returns on record between 2022 and 2023, listing 20 overdue payments to 7 micro and small suppliers. The latest return was filed on 16 Dec 2023.
The registered office of Ixora Properties is at 101 Kalpataru Synergy Opp. Grant Hyatt Santacruz East, Mumbai, Maharashtra, India – 400055.