- #840 Mustak Hossain ₹3,600 Cr

Keycore Developers Private Limited
About Keycore Developers Private Limited
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Keycore 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 09 August 2011 and has been in existence for over 15 years.
Its director Mustak Hossain is #840 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2011PTC223500.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Sarif Hossain and Lovesh Bubna.
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 4316/3 4th Floor Ansari Road Darya Ganj, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.51 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹53,097 (net margin 11.8%) and EBITDA of ₹55,007 (EBITDA margin 12.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Keycore Developers
Contact details
Keycore 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 Address4316/3 4th Floor Ansari Road Darya Ganj, New Delhi, Delhi, India – 110002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Keycore 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
Financials of Keycore Developers Private Limited
FY 2025 filings availableKeycore Developers Private Limited reported revenue of ₹4.51 Lakh (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 10% 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 |
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| EBITDA | ₹55,007 | ||||
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| Net Profit (PAT) | ₹53,097 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 11.8% | ||||
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To see the full financial statements and ratios of Keycore Developers Private Limited, buy the company report.
Board of directors of Keycore Developers Private Limited
Keycore Developers has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Peer comparison
Keycore Developers Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Southern Projects Management Private Limited | ₹4.51 Lakh (FY 2025) | -14.0% | Chennai, Tamil Nadu, India | |||
| Unique Space Developers Limited | ₹4.51 Lakh (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Plaspick Enterprises (India) Pvt Ltd | ₹4.51 Lakh (FY 2025) | -25.0% | Kolkata, West Bengal, India | |||
| Mansarovar Builders Pvt Ltd | ₹4.51 Lakh (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| B C S Developers Private Limited | ₹4.51 Lakh (FY 2023) | -94.0% | Nashik, Maharashtra, India | |||
| Keycore Developers Private Limitedthis company | ₹4.51 Lakh (FY 2025) | ₹53,097 | 11.8% | 15.0% | New Delhi, Delhi, India | |
| Shrikanchan Hotels and Resorts Private Limited | ₹4.51 Lakh (FY 2025) | -55.0% | Pune, Maharashtra, India | |||
| Supreme Fincon Consultants Private Limited | ₹4.5 Lakh (FY 2024) | -62.0% | Faridabad, Haryana, India | |||
| Queencity Developers Private Limited | ₹4.5 Lakh (FY 2019) | -27.0% | Bangalore, Karnataka, India | |||
| Avitech Overseas Private Limited | ₹4.5 Lakh (FY 2024) | -5.0% | Delhi, India | |||
| Hi-Tech Residency Private Limited | ₹4.5 Lakh (FY 2025) | -97.0% | Delhi, India |
To see the full peer comparison of Keycore Developers Private Limited, buy the company report.
Auditor
Keycore Developers Private Limited is audited by RISHI KUMAR BANSAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI KUMAR BANSAL | FY 2017 | 085328 |
Shareholding
The shareholding of Keycore Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Keycore Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Keycore Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Keycore Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Keycore Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Keycore Developers Private Limited has 7 board changes on record since 2011: 6 appointments and 1 cessation. The latest: Sushil Bubna ceased to be Additional Director on 25 Sep 2012.
Frequently asked questions
Keycore 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 09 August 2011 (15+ years old) and is registered under CIN U45400DL2011PTC223500.
Keycore Developers has 6 current directors:
- Sarif Hossain - Director
- Lovesh Bubna - Director
- Abul Kalam - Director
- Sushil Bubna - Director
- Ziauddin Biswas - Director
- Mustak Hossain - Director
The latest financial statements of Keycore Developers 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 CIN (Corporate Identification Number) of Keycore Developers is U45400DL2011PTC223500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Keycore Developers was incorporated on 09 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Keycore Developers by revenue are Southern Projects Management Private Limited, Unique Space Developers Limited, Plaspick Enterprises (India) Pvt Ltd, Mansarovar Builders Pvt Ltd, B C S Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Sushil Bubna ceased to be Additional Director on 25 Sep 2012. Sushil Bubna was appointed as Director on 11 Aug 2011. Abul Kalam was appointed as Director on 09 Aug 2011. Keycore Developers has 7 board changes on record in total.
The registered office of Keycore Developers is at 43163 4th Floor Ansari Road Darya Ganj, New Delhi, Delhi, India – 110002.
Keycore Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Keycore Developers is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.
Keycore Developers can be reached at its registered office: 43163 4th Floor Ansari Road Darya Ganj, New Delhi, Delhi, India – 110002.