Kalindi Developers Private Limited
About Kalindi Developers Private Limited
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Kalindi 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 02 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC155851. Its GSTIN is 27AACCK7029G1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ramesh Ghamandiram Gowani and Ganpat Bhursingh Purohit.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Kamala House Kamala Mills Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2021, the company reported a revenue of ₹11.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹45,652 (net margin -4%) and EBITDA of -₹11.77 Lakh (EBITDA margin -103.8%). Revenue has grown at a compounded annual rate (CAGR) of 406% over three years.
As per MCA filings, the company has satisfied charges of ₹40 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kalindi Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressKamala House Kamala Mills Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kalindi 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 Kalindi Developers Private Limited
FY 2022 filings availableKalindi Developers Private Limited reported revenue of ₹11.34 Lakh (up 274% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 406% over three years, including 274% growth 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.34 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹45,652 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -103.8% | ||||
| Net Profit Margin | -4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kalindi Developers Private Limited, buy the company report.
Board of directors of Kalindi Developers Private Limited
Kalindi Developers has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Ghamandiram Gowani Also directs: Bodhisattva Homes LLP, Infinite Canvas Realtors LLP, Green Planet Energy Private Limited and 5 more | Director | 21 Jan 2022 | 4 Years 9 Months | Current |
| Maruti Vithoba Desai Also directs: Bodhisattva Homes LLP, Kamala Infraventure Private Limited, Kamala Housing Private Limited and 5 more | Additional Director | 21 Jul 2022 | 4 Years 3 Months | Current |
| Ganpat Bhursingh Purohit Also directs: Sanman Realty LLP | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Kondiba Ravji Hiwale Also directs: Prive Realty Private Limited, KML Estates Private Limited, Klarissa Property Developers Private Limited and 5 more | Additional Director | 21 Jul 2022 | 4 Years 3 Months | Current |
| Jitendrapalsingh Kuldipsingh Chadha | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Nidarshana Gowani | Director | 21 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Kalindi Developers Private Limited is audited by VINOD PATIL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD PATIL & ASSOCIATES | FY 2021 | 140538W |
Shareholding
The shareholding of Kalindi Developers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kalindi Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2014 | 10532651 | Indiabulls Housing Finance Limited | ₹40 Cr | Satisfied |
To see the full charge records of Kalindi Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Kalindi Developers Private Limited has 2 court cases on record: 2 filed by Kalindi Developers. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed by the company against Master Gold Private Limited] and 2 others | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Vighnaharrta Builders and Projects Pvt Ltd and 4 others | Disposed |
To see the full case history of Kalindi 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 Kalindi Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kalindi Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK7029G1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kalindi Developers Private Limited, buy the company report.
Recent activity
Kalindi Developers Private Limited has 21 board changes on record since 2009: 6 appointments and 15 cessations. The latest: Ganpat Bhursingh Purohit ceased to be Additional Director on 30 Sep 2022.
14 earlier events are in the company report.
Frequently asked questions
Kalindi 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 02 September 2005 (21+ years old) and is registered under CIN U45200MH2005PTC155851.
Kalindi Developers has 6 current directors:
- Ramesh Ghamandiram Gowani - Director
- Maruti Vithoba Desai - Additional Director
- Ganpat Bhursingh Purohit - Director
- Kondiba Ravji Hiwale - Additional Director
- Jitendrapalsingh Kuldipsingh Chadha - Director
- Nidarshana Gowani - Director
The latest financial statements of Kalindi Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Kalindi Developers is 27AACCK7029G1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kalindi Developers is U45200MH2005PTC155851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kalindi Developers has 2 court cases on record: 2 filed by the company. 1 is pending.
Kalindi Developers was incorporated on 02 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Ganpat Bhursingh Purohit ceased to be Additional Director on 30 Sep 2022. Jitendrapalsingh Kuldipsingh Chadha ceased to be Additional Director on 30 Sep 2022. Nidarshana Gowani ceased to be Additional Director on 30 Sep 2022. Kalindi Developers has 21 board changes on record in total.
The registered office of Kalindi Developers is at Kamala House Kamala Mills Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Kalindi Developers operates in the real estate and construction industry, in the real estate builders and developers segment.