Karanjai Developers Limited
About Karanjai Developers Limited
Data last updated:
Karanjai Developers Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 29 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45203WB2007PLC112862. Its GSTIN is 19AACCK9853C1ZC (West Bengal).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹47.3 Lakh. It is led by directors including Ratnabali Karanjai (Whole-Time Director) and Devdeep Karanjai.
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 16B Shakespeare Sarani, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.47 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹55,358 (net margin 3.2%) and EBITDA of ₹4.32 Lakh (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address16B Shakespeare Sarani, Kolkata, West Bengal, India – 700071
- IndustryReal Estate, Real Estate Leasing
- 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
- One PDF report, delivered after checkout
Business Activity of Karanjai Developers Limited
The main business activity of Karanjai Developers is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Karanjai Developers Limited FY 2025 filings available
Karanjai Developers Limited reported revenue of ₹17.47 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Karanjai Developers Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 3% growth in the latest year. EBITDA rose 24% 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 of Karanjai Developers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹55,358 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Karanjai Developers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Karanjai Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Karanjai Developers Limited
Karanjai Developers Limited is compared with the companies closest to it by revenue in the same principal business activity (Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flyeraa Tourism Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Schaefer Systems International Private Limited. | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Maruti Skilldevelopers India Limited | •••• | •••• | •••• | •••• | - | Bhilai, Chattisgarh, India |
| Aurangabad Business Development Cluster | •••• | •••• | •••• | •••• | - | Aurangabad, Maharashtra, India |
| Sri Ashtalakshmi Spinning Mills Private Limited | •••• | •••• | •••• | •••• | - | Attur, Tamil Nadu, India |
| Karanjai Developers Limited this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Automesh Heavy Equipment Rental (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Dhanbad, Jharkhand, India |
| K S Fiscal Services Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Bishnu Tea Company Private Limited | •••• | •••• | •••• | •••• | - | Golaghat, Assam, India |
| Teg Bahadur Hire Purchase Pvt Ltd | •••• | •••• | •••• | •••• | - | Punjab, India |
| Ank Leasing and Finance Ltd | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Karanjai Developers by revenue in the same principal business activity (Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Karanjai Developers Limited
Karanjai Developers Limited is audited by AGARWAL MAHESWARI & COMPANY for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGARWAL MAHESWARI & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Karanjai Developers Limited
Karanjai Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratnabali Karanjai Also directs: K K Infradev Private Limited, Allen Mercantiles Private Limited, Pinkrose Merchants Private Limited and 3 more | Whole-Time Director | 29 Jan 2007 | 19 Years 8 Months | Current |
| Devdeep Karanjai Also directs: K K Infradev Private Limited, Allen Mercantiles Private Limited, Pinkrose Merchants Private Limited and 2 more | Director | 20 May 2017 | 9 Years 4 Months | Current |
| Suvodeep Karanjai Also directs: K K Infradev Private Limited, Allen Mercantiles Private Limited, Pinkrose Merchants Private Limited and 3 more | Director | 19 Jun 2024 | 2 Years 3 Months | Current |
Ownership and Shareholding of Karanjai Developers Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Karanjai Developers Limited
Karanjai Developers Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Karanjai Developers Limited
Employment history and EPFO contributions of people linked to Karanjai Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Karanjai Developers Limited
Karanjai Developers has 3 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Recent Activity on Karanjai Developers Limited
Karanjai Developers Limited has 6 board changes on record since 2007: 3 appointments and 3 cessations. The latest: Suvodeep Karanjai was appointed as Director on 19 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for Karanjai Developers Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Karanjai Developers Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Karanjai Developers Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Karanjai Developers Limited
Karanjai Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCK9853C1ZC | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Karanjai Developers Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Karanjai Developers Limited
Karanjai Developers is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 29 January 2007 (19+ years old) and is registered under CIN U45203WB2007PLC112862.
Karanjai Developers reported revenue of ₹17.47 Lakh for FY 2025 (up 3% YoY).
Karanjai Developers has 3 current directors:
- Ratnabali Karanjai - Whole-Time Director
- Devdeep Karanjai - Director
- Suvodeep Karanjai - Director
Karanjai Developers reported a net profit of ₹55,358 (net margin 3.2%) and EBITDA of ₹4.32 Lakh (EBITDA margin 24.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Karanjai Developers is 13% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Karanjai Developers is 19AACCK9853C1ZC, registered in West Bengal.
The CIN (Corporate Identification Number) of Karanjai Developers is U45203WB2007PLC112862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karanjai Developers was incorporated on 29 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Karanjai Developers by revenue are Flyeraa Tourism Private Limited, Schaefer Systems International Private Limited, Maruti Skilldevelopers India Limited, Aurangabad Business Development Cluster, Sri Ashtalakshmi Spinning Mills Private Limited and 5 more, all in the same principal business activity (Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities).
Suvodeep Karanjai was appointed as Director on 19 Jun 2024. Subrata Karanjai ceased to be Director on 01 Oct 2018. Devdeep Karanjai was appointed as Director on 20 May 2017. Karanjai Developers has 6 board changes on record in total.
The registered office of Karanjai Developers is at 16B Shakespeare Sarani, Kolkata, West Bengal, India – 700071.