India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,673 Rasesh Kanakia ₹1,100 Cr
- #1,673 Himanshu Kanakia ₹1,100 Cr
Revenue · FY 2024
₹787.87 Cr
▲ 67% YoY
Net loss · FY 2024
₹9.28 Cr
Net margin -1.2%
EBITDA · FY 2024
₹72.92 Cr
EBITDA margin 9.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1,680 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Kanakia Future Realty Private Limited
Data last updated:
Kanakia Future Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kanakia Spaces Realty Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 October 2019 and has been in existence for over 7 years.
Its director Rasesh Kanakia is #1,673 among India's richest people (2026). Its director Himanshu Kanakia is #1,673 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2019PTC331509. Its GSTIN is 27AAHCK8280E1ZB (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rasesh Babubhai Kanakia and Himanshu Babubhai Kanakia.
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 2024, the company reported a revenue of ₹787.87 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹9.28 Cr (net margin -1.2%) and EBITDA of ₹72.92 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 192% over three years.
As per MCA filings, the company has open charges of ₹1,680 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in October 2020. Its 6 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 3 smaller; the largest is TCC Construction Private Limited with revenue of ₹826.81 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 kanakia.com.
Company details
CIN U70109MH2019PTC331509
Registration Number 331509
Incorporation Date 10 October 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Kanakia Spaces Realty Private Limited
Compliance Status Active Compliant
Recognitions & Rankings of Kanakia Future Realty
Contact details
Kanakia Future Realty Private Limited's registered office is in Mumbai, Maharashtra. Its website is kanakia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA Wing Ground Floor Vilco Centre, Subhas Road Opp Garware, Mumbai, Maharashtra, India – 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kanakia Future Realty Private Limited, buy the company report.
Comprehensive company report
Kanakia Future Realty Private 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
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Business activity
The main business activity of Kanakia Future Realty is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Kanakia Future Realty Private Limited, buy the company report.
Financials of Kanakia Future Realty Private Limited
FY 2024 filings availableKanakia Future Realty Private Limited reported revenue of ₹787.87 Cr (up 67% YoY) for FY 2024.
Revenue · FY 2024
₹787.87 Cr ▲ 67%
Net loss · FY 2024
₹9.28 Cr margin -1.2%
EBITDA · FY 2024
₹72.92 Cr margin 9.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 192%
EBITDA CAGR growth
1 year
▲ 106%
3 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 192% over three years, including 67% growth in the latest year. EBITDA rose 106% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹72.92 Cr | ||||
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| Net Profit (PAT) | -₹9.28 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | -1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kanakia Future Realty Private Limited, buy the company report.
Board of directors of Kanakia Future Realty Private Limited
Kanakia Future Realty has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasesh Babubhai Kanakia Also directs: Kanakia Vihang Construction LLP, Kanvi Construction LLP, Kanakia Cafe La Casa LLP and 5 more | Director | 10 Oct 2019 | 7 Years 0 Months | Current |
| Himanshu Babubhai Kanakia Also directs: Kanakia Vihang Construction LLP, Kanvi Construction LLP, Kanakia Cafe La Casa LLP and 5 more | Director | 10 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Kanakia Future Realty Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| TCC Construction Private Limited | ₹826.81 Cr (FY 2025) | 71.0% | Mumbai, Maharashtra, India | |||
| City Corporation Limited | ₹817.55 Cr (FY 2025) | 33.0% | Pune, Maharashtra, India | |||
| Ratan Housing Development Limited | ₹788.82 Cr (FY 2025) | 14.0% | Kanpur, Uttar Pradesh, India | |||
| Kanakia Future Realty Private Limitedthis company | ₹787.87 Cr (FY 2024) | -₹9.28 Cr | -1.2% | 67.0% | Mumbai, Maharashtra, India | |
| Transcon Developers Private Limited | ₹784.01 Cr (FY 2024) | 953.0% | Mumbai, Maharashtra, India | |||
| Homekraft Infra Private Limited | ₹775.73 Cr (FY 2024) | 117.0% | New Delhi, Delhi, India | |||
| Cybercity Builders and Developers Private Limited (Partix) | ₹773.85 Cr (FY 2024) | 89.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Kanakia Future Realty Private Limited, buy the company report.
Auditor
Kanakia Future Realty Private Limited is audited by A. J. Kanakia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. J. Kanakia & Co. | FY 2023 | 104701W |
Shareholding
The shareholding of Kanakia Future Realty Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kanakia Future Realty Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1,680 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2022 | 100571408 | Idbi Trusteeship Services Limited | ₹1,000 Cr | Open | |
| 21 Oct 2021 | 100498747 | Idbi Trusteeship Services Limited | ₹330 Cr | Open | |
| 17 Aug 2021 | 100474934 | Idbi Trusteeship Services Limited | ₹350 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Kanakia Future Realty Private Limited has 1 deal on record (1 secondary share transfer); the latest was in October 2020.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: Kanakia Spaces Realty Private Limited , Kanakia Spaces Realty Private Limited & Himanshu Kanakia, Kanakia Spaces Realty Private Limited & Rasesh Kanakia Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kanakia Future Realty Private Limited has 4 court cases on record: 1 filed by Kanakia Future Realty, 3 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by L.A S/ Ward (Public Health Department) | Disposed |
To see the full case history of Kanakia Future Realty 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 Kanakia Future Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kanakia Future Realty has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCK8280E1ZB | Maharashtra | Active | 21 Aug 2021 |
To see the full GST registrations and return filing status of Kanakia Future Realty Private Limited, buy the company report.
Recent activity
Kanakia Future Realty Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Himanshu Babubhai Kanakia was appointed as Director on 10 Oct 2019.
AGM
Kanakia Future Realty Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kanakia Future Realty Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 100,000.00 Lakh with Charge ID 100571408 was registered on 15 Mar 2022.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 33,000.00 Lakh with Charge ID 100498747 was registered on 21 Oct 2021.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 35,000.00 Lakh with Charge ID 100474934 was registered on 17 Aug 2021.
Appointed
Himanshu Babubhai Kanakia was appointed as Director.
Appointed
Rasesh Babubhai Kanakia was appointed as Director.
Incorporation
10 Oct 2019
Kanakia Future Realty Private Limited was registered on 10 Oct 2019 with Roc Mumbai I & aged 7 years 15 days as per MCA records.
News
Frequently asked questions
Kanakia Future Realty 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 10 October 2019 (7+ years old) and is registered under CIN U70109MH2019PTC331509.
Kanakia Future Realty has 2 current directors:
- Rasesh Babubhai Kanakia - Director
- Himanshu Babubhai Kanakia - Director
The latest financial statements of Kanakia Future Realty 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 FY 2020 are in the company report.
The GSTIN of Kanakia Future Realty is 27AAHCK8280E1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kanakia Future Realty is U70109MH2019PTC331509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanakia Future Realty has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Kanakia Future Realty was incorporated on 10 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Kanakia Future Realty has 1 deal on record (1 secondary share transfer); the latest was in October 2020.
The peers of Kanakia Future Realty by revenue are TCC Construction Private Limited, City Corporation Limited, Ratan Housing Development Limited, Transcon Developers Private Limited, Homekraft Infra Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Himanshu Babubhai Kanakia was appointed as Director on 10 Oct 2019. Rasesh Babubhai Kanakia was appointed as Director on 10 Oct 2019.
Kanakia Future Realty can be reached through the website kanakia.com. Its registered office is in Mumbai, Maharashtra, India.