
About Jaykali Developers Private Limited
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Jaykali Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shapoorji Pallonji Development Managers Private Limited. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 25 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2010PTC210326. Its GSTIN is 27AAECG8601N1ZA (Maharashtra).
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹20.4 Cr. It was formerly known as Great Height Properties Private Limited. It is led by directors including Sumit Sapru and Sanjay Shreenath Pandey.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.27 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹22.44 Cr and EBITDA of -₹13.04 Cr. Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 38% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹560 Cr and satisfied charges of ₹755 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 2 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 debt financing, 1 rights issue), with disclosed funding of ₹60 Cr; the latest was in August 2018. Its 3 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, 1 larger and 2 smaller; the largest is Maltbury Infradevelopers Private Limited with revenue of ₹1.27 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 813 overdue payments to 119 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 shapoorji.in.
Company details
Contact details
Jaykali Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is shapoorji.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSp Centre 41/44, Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Jaykali 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 Jaykali Developers 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 |
Financials of Jaykali Developers Private Limited
FY 2024 filings availableJaykali Developers Private Limited reported revenue of ₹1.27 Cr (down 91% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 91% 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 | -₹13.04 Cr | ||||
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| Net Profit (PAT) | -₹22.44 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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To see the full financial statements and ratios of Jaykali Developers Private Limited, buy the company report.
Board of directors of Jaykali Developers Private Limited
Jaykali Developers has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Sapru Also directs: Precaution Properties Private Limited, Mangalesh Ventures Private Limited, Paikar Real Estates Private Limited and 3 more | Director | 24 May 2023 | 3 Years 5 Months | Current |
| Sanjay Shreenath Pandey | Director | 08 Jun 2015 | 11 Years 5 Months | Current |
| Saureen Bharat Desai Also directs: Awesome Space Creations LLP, Vakratunda Buildcon Private Limited, Shapoorji Pallonji Real Estate Private Limited and 5 more | Director | 24 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Jaykali Developers Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Maltbury Infradevelopers Private Limited | ₹1.27 Cr (FY 2025) | 7.0% | Unnao, Uttar Pradesh, India | |||
| Jaykali Developers Private Limitedthis company | ₹1.27 Cr (FY 2025) | -₹22.44 Cr | -91.0% | 65 | Mumbai, Maharashtra, India | |
| Vittorus Infracon Private Limited | ₹1.27 Cr (FY 2025) | 329.0% | Hyderabad, Telangana, India | |||
| Rambhadeep Buildcon Private Limited | ₹1.27 Cr (FY 2025) | -14.0% | Jodhpur, Rajasthan, India |
To see the full peer comparison of Jaykali Developers Private Limited, buy the company report.
Auditor
Jaykali Developers Private Limited is audited by B R Nagda & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R Nagda & Co | FY 2023 | 144279W |
Shareholding
The shareholding of Jaykali Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jaykali Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2025 | 101040071 | Others | ₹560 Cr | Open | |
| 24 Nov 2021 | 100511633 | Others | ₹45 Cr | Satisfied | |
| 27 Jul 2018 | 100195040 | Others | ₹500 Cr | Satisfied | |
| 29 Jun 2016 | 100044763 | Idbi Trusteeship Services Limited | ₹110 Cr | Satisfied | |
| 16 Jun 2015 | 10575945 | Credit Suisse Finance (India) Private Limited | ₹100 Cr | Satisfied |
To see the full charge records of Jaykali Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Jaykali Developers Private Limited has 5 deals on record (3 secondary share transfers, 1 debt financing, 1 rights issue), with disclosed funding of ₹60 Cr; the latest was in August 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Rights issue | ₹20.39 Cr | Investors: Shapoorji Pallonji Development Managers Private Limited , an individual |
| Jun 2016 | Debt financing | ₹60 Cr | Investors: Piramal Structured Finance |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shapoorji Pallonji Development Managers Private Limited |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: Shapoorji Pallonji Development Managers Private Limited Seller: Carwel Estatel Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Carwel Estatel Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jaykali Developers Private Limited has 7 court cases on record: 4 filed by Jaykali Developers, 3 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Absc Entertainment Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Priyanka P Nikam, Inspector Maharashtra Private Security Guards | Pending |
| High Court, MAHARASHTRA | Court case (PIL) | Filed against the company by an individual | Pending |
| High Court | Court case (CARAP) | Filed by the company against Astro Engineering and Forrmwork Systems | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Jaykali Developers 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
Jaykali Developers Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 813 overdue payments to 119 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 119)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vikara Learnings LLP | |||
| Exceller Management Consultancy LLP | |||
| an individual supplier | |||
| Majithia & Associates | |||
| Harit Landscapes |
To see the full MSME payment records of Jaykali Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jaykali Developers Private Limited has a workforce of 65 employees on its EPFO records as of Mar 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 65 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Jaykali Developers Private Limited, buy the company report.
GST
Jaykali Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG8601N1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jaykali Developers Private Limited, buy the company report.
Recent activity
Jaykali Developers Private Limited has 20 board changes on record since 2013: 3 appointments and 17 cessations. The latest: Santosh Prabhakar Tandav ceased to be Additional Director on 29 Sep 2023.
20 earlier events are in the company report.
Frequently asked questions
Jaykali Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 25 November 2010 (16+ years old) and is registered under CIN U45400MH2010PTC210326.
Jaykali Developers has 3 current directors:
- Sumit Sapru - Director
- Sanjay Shreenath Pandey - Director
- Saureen Bharat Desai - Director
The latest financial statements of Jaykali Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Jaykali Developers is 27AAECG8601N1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jaykali Developers is U45400MH2010PTC210326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jaykali Developers has 7 court cases on record: 4 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Jaykali Developers was incorporated on 25 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Jaykali Developers has 5 deals on record (3 secondary share transfers, 1 debt financing, 1 rights issue), with disclosed funding of ₹60 Cr; the latest was in August 2018.
The peers of Jaykali Developers by revenue are Maltbury Infradevelopers Private Limited, Vittorus Infracon Private Limited, Rambhadeep Buildcon 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).
Santosh Prabhakar Tandav ceased to be Additional Director on 29 Sep 2023. Saureen Bharat Desai ceased to be Additional Director on 29 Sep 2023. Sumit Sapru ceased to be Additional Director on 29 Sep 2023. Jaykali Developers has 20 board changes on record in total.
Jaykali Developers has 14 MSME Form 1 returns on record between 2019 and 2024, listing 813 overdue payments to 119 micro and small suppliers. The latest return was filed on 14 May 2024.
Jaykali Developers can be reached through the website shapoorji.in. Its registered office is in Mumbai, Maharashtra, India.

