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
₹6.42 Cr
▼ 5% YoY
Net loss · FY 2024
₹2.85 Cr
Net margin -44.4%
EBITDA · FY 2024
₹5.73 Cr
EBITDA margin 89.2%
Authorised capital
₹14.5 Cr
Registered with MCA
Paid-up capital
₹14.22 Cr
Issued & subscribed
Open charges
₹706.68 Cr
Satisfied ₹174 Cr
Company age
31 yrs
Est. 1995
Directors on board
2
As per MCA filings
About Kanakia Gruhnirman Private Limited
Data last updated:
Kanakia Gruhnirman Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kanakia Spaces Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 June 1995 and has been in existence for over 31 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 U45200MH1995PTC089789. Its GSTIN is 27AAACK1572C1ZX (Maharashtra).
The company has an authorised share capital of ₹14.5 Cr and a paid-up capital of ₹14.22 Cr. It is led by directors Rasesh Babubhai Kanakia and Himanshu Babubhai Kanakia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.42 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹2.85 Cr (net margin -44.4%) and EBITDA of ₹5.73 Cr (EBITDA margin 89.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹706.68 Cr and satisfied charges of ₹174 Cr on record.
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 U45200MH1995PTC089789
Registration Number 089789
Incorporation Date 21 June 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Kanakia Spaces Private Limited
Compliance Status Active Compliant
Key People
Rasesh Babubhai Kanakia Additional Director Himanshu Babubhai Kanakia Additional Director Recognitions & Rankings of Kanakia Gruhnirman
Contact details
Kanakia Gruhnirman 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, Subhash Road Opp Garware Vileparle (East), Mumbai, Maharashtra, India – 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kanakia Gruhnirman Private Limited, buy the company report.
Comprehensive company report
Kanakia Gruhnirman 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 Gruhnirman 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 Gruhnirman Private Limited, buy the company report.
Financials of Kanakia Gruhnirman Private Limited
FY 2025 filings availableKanakia Gruhnirman Private Limited reported revenue of ₹6.42 Cr (down 5% YoY) for FY 2024.
Revenue · FY 2024
₹6.42 Cr ▼ 5%
Net loss · FY 2024
₹2.85 Cr margin -44.4%
EBITDA · FY 2024
₹5.73 Cr margin 89.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 9%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 11%
5 years · compounded
▼ 1%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 5% fall in the latest year. EBITDA fell 1% 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 | ₹5.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.85 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 | 89.2% | ||||
| Net Profit Margin | -44.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Kanakia Gruhnirman Private Limited, buy the company report.
Board of directors of Kanakia Gruhnirman Private Limited
Kanakia Gruhnirman has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
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 | Additional Director | 25 Sep 2025 | 1 Years 1 Months | Current |
| Himanshu Babubhai Kanakia Also directs: Kanakia Vihang Construction LLP, Kanvi Construction LLP, Kanakia Cafe La Casa LLP and 5 more | Additional Director | 24 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Kanakia Gruhnirman 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 Gruhnirman 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) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kanakia Gruhnirman Private Limited, buy the company report.
Charges & borrowings
Open charges
₹706.68 Cr
Satisfied charges
₹174 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2026 | 101241429 | Axis Bank Limited | ₹119.68 Cr | Open | |
| 19 Dec 2023 | 100862444 | Hdfc Bank Limited | ₹350 Cr | Open | |
| 30 Mar 2022 | 100572107 | Others | ₹62 Cr | Open | |
| 30 Mar 2022 | 100573252 | Others | ₹63 Cr | Open | |
| 30 Mar 2022 | 100573261 | Others | ₹112 Cr | Open |
To see the full charge records of Kanakia Gruhnirman Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Kanakia Gruhnirman Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Kanakia Gruhnirman Private Limited was last rated by Brickwork on 21 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 21 Jul 2021 |
To see the full credit ratings and regulatory alerts of Kanakia Gruhnirman Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kanakia Gruhnirman Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kanakia Gruhnirman has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK1572C1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kanakia Gruhnirman Private Limited, buy the company report.
Recent activity
Kanakia Gruhnirman Private Limited has 12 board changes on record since 2007: 4 appointments and 8 cessations. The latest: Rasesh Babubhai Kanakia was appointed as Additional Director on 25 Sep 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 119.68 Cr with Charge ID 101241429 was registered on 04 Feb 2026.
AGM
Kanakia Gruhnirman Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Rasesh Babubhai Kanakia was appointed as Additional Director.
Appointed
Himanshu Babubhai Kanakia was appointed as Additional Director.
Filing
Kanakia Gruhnirman Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 350.00 Cr with Charge ID 100862444 was registered on 19 Dec 2023.
Charges
A charge with Others amounted to Rs. 62.00 Cr with Charge ID 100572107 was registered on 30 Mar 2022.
Charges
A charge with Others amounted to Rs. 63.00 Cr with Charge ID 100573252 was registered on 30 Mar 2022.
Charges
A charge with Others amounted to Rs. 112.00 Cr with Charge ID 100573261 was registered on 30 Mar 2022.
Charges
A charge registered on 24 Feb 2016 via Charge ID 10627853 with Rbl Bank Limited was fully satisfied on 29 Mar 2022.
Charges
A charge registered on 30 Jan 2016 via Charge ID 100023465 with Others was fully satisfied on 29 Mar 2022.
Ceased
Asha Hemant Shah ceased to be Additional Director.
17 earlier events are in the company report.
News
Frequently asked questions
Kanakia Gruhnirman 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 21 June 1995 (31+ years old) and is registered under CIN U45200MH1995PTC089789.
Kanakia Gruhnirman has 2 current directors:
- Rasesh Babubhai Kanakia - Additional Director
- Himanshu Babubhai Kanakia - Additional Director
The latest financial statements of Kanakia Gruhnirman 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 Kanakia Gruhnirman is 27AAACK1572C1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kanakia Gruhnirman is U45200MH1995PTC089789. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanakia Gruhnirman was incorporated on 21 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Rasesh Babubhai Kanakia was appointed as Additional Director on 25 Sep 2025. Himanshu Babubhai Kanakia was appointed as Additional Director on 24 Sep 2025. Asha Hemant Shah ceased to be Additional Director on 29 Sep 2017. Kanakia Gruhnirman has 12 board changes on record in total.
Kanakia Gruhnirman can be reached through the website kanakia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kanakia Gruhnirman is at A Wing Ground Floor Vilco Centre, Subhash Road Opp Garware Vileparle East, Mumbai, Maharashtra, India – 400057.
Kanakia Gruhnirman operates in the real estate and construction industry, in the real estate builders and developers segment.
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