About Kargwal Developers Private Limited
Data last updated:
Kargwal Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in real estate financing, a part of the broader financial services sector. Incorporated on 04 June 2009, the company has been in operation for over 17 years.
Registered with ROC Mumbai under CIN U45202MH2009PTC193004.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Himanshu Bhagwatiprasad Pathak and Divyeshkumar Hirabhai Lad.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 105 Runwal & Omkar – Esquare Opp Sion Chunabhatti Signal Off E Highway Sion East, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.79 Cr, a growth of 45% compared to the previous year.
The company is associated with 1 brand - Kargwal Constructions. As per MCA filings, the company has open charges of ₹8.42 Cr and satisfied charges of ₹11.64 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 kargwal.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address105 Runwal & Omkar – Esquare Opp Sion Chunabhatti Signal Off E Highway Sion East, Mumbai, Maharashtra, India – 400022
- IndustryFinancial Services, Real Estate Financing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Kargwal Developers
Kargwal Developers operates one associated brand: Kargwal Constructions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction firm specializing in real estate and infrastructure development projects. | kargwal.com |
Competitors & Alternatives of Kargwal Developers
Brands and companies operating in the same space as Kargwal Developers Private Limited include Legrand, Hercules Site Services, Afcons and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Legrand | Electrical and digital solutions for building infrastructures are provided. | Limoges, France, France | 1860 |
 Hercules Site Services | Infrastructure development services are provided across various sites. | Cirencester, United Kingdom, United Kingdom | 2008 |
 Afcons | Developer of oil & gas, underground, and urban infrastructure | Mumbai, India, India | 1959 |
 GPT Infraprojects | Infrastructure construction, healthcare, and SG cast iron products are provided. | Kolkata, India, India | 1980 |
 IRB Infrastructure Developers | Provider of infrastructure development services | Mumbai, India, India | 1998 |
 Balfour Beatty | Infrastructure financing, construction, and support services are provided globally. | London, United Kingdom, United Kingdom | 1909 |
 L.B. Foster | Manufacturer & fabricator of products and services for the rail, construction, energy and utility markets | Pittsburgh, United States, United States | 1902 |
 Sdiptech | Sustainable infrastructure development services are provided globally. | Stockholm, Sweden, Sweden | 2015 |
 KEC International | Manufacturer of electric power transmission towers and EPC company | Mumbai, India, India | 1945 |
 Chinachem Group | Delivers comprehensive infrastructure development services. | Tsuen Wan, China, China | 1960 |
Business Activity of Kargwal Developers
The main business activity of Kargwal Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for Kargwal Developers Private Limited
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.
Auditor Details of Kargwal Developers
Kargwal Developers Private Limited is audited by JAIN ANIL & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN ANIL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Kargwal Developers Private Limited
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 Kargwal Developers Private Limited
Kargwal Developers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Bhagwatiprasad Pathak Also directs: Lidsol Green LLP, Dropin Hospitality Private Limited | Director | 17 Jun 2019 | 7 Years 3 Months | Current |
| Divyeshkumar Hirabhai Lad Also directs: Dropin Hospitality Private Limited, Lid Realty LLP | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Financials of Kargwal Developers Private Limited FY 2025 filings available
Kargwal Developers Private Limited reported revenue of ₹8.79 Cr (up 45.00% YoY) for FY 2025.
Ten-year financial statements for Kargwal Developers Private Limited
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.
Ownership and Shareholding of Kargwal Developers
Shareholding and ownership data for Kargwal Developers Private Limited
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 Kargwal Developers
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2024 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 04 Mar 2024 | Others | ₹16.28 Lakh | Open |
| 13 Jun 2023 | Axis Bank Limited | ₹1 Cr | Open |
| 20 Dec 2022 | State Bank of India | ₹4.5 Cr | Open |
| 20 Jan 2022 | Hdfc Bank Limited | ₹21.03 Lakh | Open |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Kargwal Developers
Employment history and EPFO contributions of people linked to Kargwal Developers.
Employee and EPFO history for Kargwal Developers Private Limited
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.
GST Compliance of Kargwal Developers
GST registrations and filing compliance for Kargwal Developers Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Kargwal Developers
Credit ratings, litigation, and regulatory alerts for Kargwal Developers Private Limited
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 Kargwal Developers
MSME payment history for Kargwal Developers Private Limited
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 Kargwal Developers
Corporate group structure for Kargwal Developers Private Limited
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.
MCA Filings & Documents of Kargwal Developers
MCA filings and documents for Kargwal Developers Private Limited
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.
Recent Activity on Kargwal Developers
Frequently Asked Questions about Kargwal Developers Private Limited
Kargwal Developers is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 04 June 2009 (17+ years old) and is registered under CIN U45202MH2009PTC193004.
Kargwal Developers reported revenue of ₹8.79 Cr for FY 2025 (up 45.00% YoY).
The current directors of Kargwal Developers are:
- Himanshu Bhagwatiprasad Pathak - Director
- Divyeshkumar Hirabhai Lad - Additional Director
The primary industry of Kargwal Developers is financial services. The company specifically operates in real estate financing. The company is currently active in this sector.
Kargwal Developers can be reached at the registered office: 105 Runwal & Omkar – Esquare Opp Sion Chunabhatti Signal Off E Highway Sion East, Mumbai, Maharashtra, India – 400022, or through the website kargwal.com.
The authorised capital is ₹1 Cr, and the paid-up capital is ₹1 Cr.