
Keystone Developers Private Limited
About Keystone Developers Private Limited
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Keystone Developers Private Limited is a private limited company based in Kota, Rajasthan, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 13 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U00500RJ2006PTC022404.
The company has an authorised share capital of ₹5.01 Cr and a paid-up capital of ₹3.39 Cr. It is led by directors including Mahesh Chandra Gupta and Sitaram Jhanwar.
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 Plot No. 8 Rajiv Gandhi Nagar, Kota, Rajasthan, India – 324005.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.55 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21,852 (net margin 1.9%) and EBITDA of ₹33,524 (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 50% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Keystone Developers Private Limited's registered office is in Kota, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 8 Rajiv Gandhi Nagar, Kota, Rajasthan, India – 324005
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Keystone 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 Keystone Developers Private Limited
FY 2025 filings availableKeystone Developers Private Limited reported revenue of ₹11.55 Lakh (up 657% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 657% growth in the latest year. EBITDA fell 57% 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 | ₹33,524 | ||||
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| Net Profit (PAT) | ₹21,852 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Keystone Developers Private Limited, buy the company report.
Board of directors of Keystone Developers Private Limited
Keystone Developers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Chandra Gupta | Director | 13 Apr 2006 | 20 Years 6 Months | Current |
| Sitaram Jhanwar Also directs: R.S. Complex Private Limited | Director | 24 Aug 2018 | 8 Years 2 Months | Current |
| Gupta Desh Bandhu | Director | 13 Apr 2006 | 20 Years 6 Months | Current |
Peer comparison
Keystone Developers Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Divyani Hightech Private Limited | ₹11.57 Lakh (FY 2024) | Patna, Bihar, India | ||||
| Patligrih Infrastructure Private Limited | ₹11.57 Lakh (FY 2025) | Patna, Bihar, India | ||||
| SND Infrastructure Private Limited | ₹11.56 Lakh (FY 2025) | -86.0% | Jaipur, Rajasthan, India | |||
| Sankalp Heights Private Limited | ₹11.56 Lakh (FY 2025) | -39.0% | Kolkata, West Bengal, India | |||
| Hargovinda Infracity Private Limited | ₹11.55 Lakh (FY 2024) | -8.0% | Noida, Uttar Pradesh, India | |||
| Keystone Developers Private Limitedthis company | ₹11.55 Lakh (FY 2024) | ₹21,852 | 1.9% | 657.0% | Kota, Rajasthan, India | |
| Jagrrutti Contractors Private Limited | ₹11.54 Lakh (FY 2024) | 16.0% | Pune, Maharashtra, India | |||
| Borad Construction Private Limited | ₹11.53 Lakh (FY 2025) | 4.0% | Vadodara, Gujarat, India | |||
| Synergy Infraspace Private Limited | ₹11.53 Lakh (FY 2024) | -34.0% | Surat, Gujarat, India | |||
| Pruthvi Elecon Private Limited | ₹11.52 Lakh (FY 2024) | -8.0% | Bhavnagar, Gujarat, India | |||
| Kan Silos Lucknow Private Limited | ₹11.52 Lakh (FY 2025) | -16.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Keystone Developers Private Limited, buy the company report.
Auditor
Keystone Developers Private Limited is audited by P V A R & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P V A R & ASSOCIATES | FY 2020 | 005223C |
Shareholding
The shareholding of Keystone Developers Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Keystone Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Keystone 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 Keystone 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 Keystone Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Keystone Developers Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Sitaram Jhanwar was appointed as Director on 24 Aug 2018.
Frequently asked questions
Keystone Developers is an active private limited company based in Kota, Rajasthan, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 13 April 2006 (20+ years old) and is registered under CIN U00500RJ2006PTC022404.
Keystone Developers has 3 current directors:
- Mahesh Chandra Gupta - Director
- Sitaram Jhanwar - Director
- Gupta Desh Bandhu - Director
The latest financial statements of Keystone 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 Keystone Developers is U00500RJ2006PTC022404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Keystone Developers was incorporated on 13 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Keystone Developers by revenue are Divyani Hightech Private Limited, Patligrih Infrastructure Private Limited, SND Infrastructure Private Limited, Sankalp Heights Private Limited, Hargovinda Infracity Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Sitaram Jhanwar was appointed as Director on 24 Aug 2018. Nivedita Ravindra Sarda ceased to be Additional Director on 30 Sep 2008. Gupta Desh Bandhu was appointed as Director on 13 Apr 2006. Keystone Developers has 4 board changes on record in total.
The registered office of Keystone Developers is at Plot No. 8 Rajiv Gandhi Nagar, Kota, Rajasthan, India – 324005.
Keystone Developers operates in the infrastructure and utilities industry, in the general construction services segment.
The compliance status of Keystone Developers is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.
Keystone Developers can be reached at its registered office: Plot No. 8 Rajiv Gandhi Nagar, Kota, Rajasthan, India – 324005.

