Key Stone Developers Private Limited
About Key Stone Developers Private Limited
Data last updated:
Key Stone Developers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51109DL1997PTC084924. Its GSTIN is 09AACCK1431C1Z3 (Uttar Pradesh).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.77 Cr. It was formerly known as Icon Dies Private Limited and L.S. Trading Private Limited. It is led by directors Himanshu Mathur and Ravi Mohan Sethi.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B 29 Sheikh Sarai Phase 1, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹151.43 Cr, a growth of 116% compared to the previous year. For the same year it recorded a net profit of ₹21.12 Cr (net margin 13.9%) and EBITDA of ₹39.47 Cr (EBITDA margin 26.1%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 14% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.79 Lakh and satisfied charges of ₹394.15 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Key Stone Developers has undergone 3 name changes throughout its history. The company was previously known as Icon Dies Private Limited, L.S. Trading Private Limited, and Stellar Trading Private Limited. The current legal name is Key Stone Developers Private Limited.
| Company Name | Status |
|---|---|
| Key Stone Developers Private Limited | Current |
| Icon Dies Private Limited | Previous |
| L.S. Trading Private Limited | Previous |
| Stellar Trading Private Limited | Previous |
Contact details
Key Stone Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB 29 Sheikh Sarai Phase 1, New Delhi, Delhi, India – 110017
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Key Stone 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
Business activity
The main business activity of Key Stone Developers is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Key Stone Developers Private Limited, buy the company report.
Financials of Key Stone Developers Private Limited
FY 2024 filings availableKey Stone Developers Private Limited reported revenue of ₹151.43 Cr (up 116% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 116% growth in the latest year. EBITDA rose 97% 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 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 | ₹39.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.12 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.1% | ||||
| Net Profit Margin | 13.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Key Stone Developers Private Limited, buy the company report.
Board of directors of Key Stone Developers Private Limited
Key Stone Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Mathur Also directs: Bright Tradex & Travels LLP, Stellar Concrete Private Limited, Stellar Housing Projects Private Limited and 5 more | Director | 30 Dec 2006 | 19 Years 10 Months | Current |
| Ravi Mohan Sethi Also directs: Bright Tradex & Travels LLP, Wonder Con Realtors LLP, Stellar Concrete Private Limited and 5 more | Director | 07 Mar 2020 | 6 Years 8 Months | Current |
Auditor
Key Stone Developers Private Limited is audited by PRADEEP BATRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADEEP BATRA & ASSOCIATES | FY 2023 | 019114N |
Shareholding
The shareholding of Key Stone Developers 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 Key Stone Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2025 | 101110620 | Hdfc Bank Limited | ₹18.79 Lakh | Open | |
| 21 Jan 2022 | 100535863 | Others | ₹2 Cr | Satisfied | |
| 27 Apr 2020 | 100336072 | Others | ₹13 Cr | Satisfied | |
| 24 Sep 2018 | 100241159 | Others | ₹75 Cr | Satisfied | |
| 18 Jun 2018 | 100185766 | Others | ₹28.94 Lakh | Satisfied |
To see the full charge records of Key Stone Developers Private Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Key Stone Developers Private Limited has 3 court cases on record: 1 filed by Key Stone Developers, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. and 2 Others | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Key Stone 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 Key Stone Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Key Stone Developers has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Key Stone Developers Private Limited has a workforce of 2 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Key Stone Developers Private Limited, buy the company report.
GST
Key Stone Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCK1431C1Z3 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Key Stone Developers Private Limited, buy the company report.
Recent activity
Key Stone Developers Private Limited has 10 board changes on record since 2005: 6 appointments and 4 cessations. The latest: Akshay Mohan Sethi ceased to be Director on 07 Mar 2020.
50 earlier events are in the company report.
Frequently asked questions
Key Stone Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 February 1997 (29+ years old) and is registered under CIN U51109DL1997PTC084924.
Key Stone Developers has 2 current directors:
- Himanshu Mathur - Director
- Ravi Mohan Sethi - Director
The latest financial statements of Key Stone Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Key Stone Developers is 09AACCK1431C1Z3, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Key Stone Developers is U51109DL1997PTC084924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Key Stone Developers has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Key Stone Developers was incorporated on 05 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Akshay Mohan Sethi ceased to be Director on 07 Mar 2020. Ravi Mohan Sethi was appointed as Director on 07 Mar 2020. Dalip Rawat Singh ceased to be Director on 03 Dec 2016. Key Stone Developers has 10 board changes on record in total.
The registered office of Key Stone Developers is at B 29 Sheikh Sarai Phase 1, New Delhi, Delhi, India – 110017.
Key Stone Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
