
About Juturna Developers Private Limited
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Juturna Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2007PTC172098. Its GSTIN is 27AABCJ8674K1ZZ (Maharashtra).
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹49.84 Cr. It is led by directors including Alok Kumar Jain and Urvish Jayantilal Rambhia.
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 1st Floor Olympia Building Central Avenue Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.28 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹3.88 Cr (net margin -3.7%) and EBITDA of ₹86.49 Cr (EBITDA margin 82.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 565% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹425 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in February 2020. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 2 smaller; the largest is M S Ramaiah Developers and Builders Private Limited with revenue of ₹104.51 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hiranandani.com.
Company details
Contact details
Juturna Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is hiranandani.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Olympia Building Central Avenue Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Juturna 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
Financials of Juturna Developers Private Limited
FY 2025 filings availableJuturna Developers Private Limited reported revenue of ₹104.28 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 565% over five years, including 22% growth in the latest year. EBITDA rose 26% 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 | ₹86.49 Cr | ||||
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| Net Profit (PAT) | -₹3.88 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 | 82.9% | ||||
| Net Profit Margin | -3.7% | ||||
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To see the full financial statements and ratios of Juturna Developers Private Limited, buy the company report.
Board of directors of Juturna Developers Private Limited
Juturna Developers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Kumar Jain Also directs: Talegaon Industrial Parks Private Limited, Volumnus Developers Private Limited, Horizon Industrial Parks Limited and 5 more | Director | 10 Feb 2020 | 6 Years 9 Months | Current |
| Urvish Jayantilal Rambhia Also directs: Talegaon Industrial Parks Private Limited, Horizon Industrial Parks Limited, Horizon Industrial Parks Limited and 5 more | Director | 22 Oct 2021 | 5 Years 0 Months | Current |
| Shridhar Narayan Also directs: Hipl Universal LLP, Shreenath Lifestyle Private Limited, Taiyou Solar Private Limited and 5 more | Director | 27 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Juturna Developers Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| M S Ramaiah Developers and Builders Private Limited | ₹104.51 Cr (FY 2025) | -4.0% | Bangalore, Karnataka, India | |||
| VRB Builders and Developers Private Limited | ₹104.48 Cr (FY 2025) | 1220.0% | Jaipur, Rajasthan, India | |||
| Kushal Landmarks Private Limited | ₹104.42 Cr (FY 2025) | 36.0% | Pune, Maharashtra, India | |||
| Juturna Developers Private Limitedthis company | ₹104.28 Cr (FY 2025) | -₹3.88 Cr | -3.7% | 22.0% | Mumbai, Maharashtra, India | |
| Aspect Superstructures Private Limited | ₹103.78 Cr (FY 2025) | 87.0% | Mumbai, Maharashtra, India | |||
| Discovery Estates Pvt. Ltd. | ₹103.67 Cr (FY 2025) | 48.0% | New Delhi, Delhi, India |
To see the full peer comparison of Juturna Developers Private Limited, buy the company report.
Auditor
Juturna Developers Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Juturna 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Juturna Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2014 | 10532163 | Axis Trustee Services Limited | ₹425 Cr | Satisfied |
To see the full charge records of Juturna Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Juturna Developers Private Limited has 1 deal on record (1 secondary share transfer); the latest was in February 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Cyprus Realtors LLP Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Juturna Developers Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Juturna 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
No delayed payments to MSME suppliers are on our record for Juturna Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Juturna Developers has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Greenbase Industrial Parks Private Limited | U45100MH2010PTC201012 | |
| Volumnus Developers Private Limited | U45400MH2007PTC175671 |
To see the full group structure of Juturna Developers Private Limited, buy the company report.
GST
Juturna Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ8674K1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Juturna Developers Private Limited, buy the company report.
Recent activity
Juturna Developers Private Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Sumit Bhartia ceased to be Director on 22 Oct 2021.
3 earlier events are in the company report.
News
Frequently asked questions
Juturna Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 July 2007 (19+ years old) and is registered under CIN U45200MH2007PTC172098.
Juturna Developers has 3 current directors:
- Alok Kumar Jain - Director
- Urvish Jayantilal Rambhia - Director
- Shridhar Narayan - Director
The latest financial statements of Juturna Developers 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 Juturna Developers is 27AABCJ8674K1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Juturna Developers is U45200MH2007PTC172098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Juturna Developers has 1 court case on record: 1 filed against it. 1 is pending.
Juturna Developers was incorporated on 03 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Juturna Developers has 1 deal on record (1 secondary share transfer); the latest was in February 2020.
The peers of Juturna Developers by revenue are M S Ramaiah Developers and Builders Private Limited, VRB Builders and Developers Private Limited, Kushal Landmarks Private Limited, Aspect Superstructures Private Limited, Discovery Estates Pvt. Ltd, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sumit Bhartia ceased to be Director on 22 Oct 2021. Urvish Jayantilal Rambhia was appointed as Director on 22 Oct 2021. Hemant Radhakrishna Prabhu ceased to be Additional Director on 30 Sep 2020. Juturna Developers has 10 board changes on record in total.
Juturna Developers can be reached through the website hiranandani.com. Its registered office is in Mumbai, Maharashtra, India.

