Khiranagar Development Private Limited

Khiranagar Development Private Limited - real estate and construction in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U70102MH2008PTC179423 Incorporated 25 February 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company real estate and construction
Data last updated
Revenue · FY 2024
₹60.62 Lakh
▼ 99.17% YoY
Net loss · FY 2024
₹11.96 Lakh
Net margin -19.7%
EBITDA · FY 2024
-₹11.95 Lakh
EBITDA margin -19.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹130 Cr
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings

About Khiranagar Development Private Limited

Data last updated:

Khiranagar Development Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Kumar Urban Development Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 February 2008.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2008PTC179423.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Krishnan Lakshminarayan and Viresh Shashikant Parekh.

Its last annual general meeting (AGM) was held on 14 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Ali Chambers Office No. 7 N.M. Road Fort, Mumbai, Maharashtra, India – 400023.

As per the financials filed for FY 2024, the company reported a revenue of ₹60.62 Lakh. For the same year it recorded a net loss of ₹11.96 Lakh (net margin -19.7%) and EBITDA of -₹11.95 Lakh (EBITDA margin -19.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 105% over five years.

As per MCA filings, the company had open charges of ₹10 Cr and satisfied charges of ₹130 Cr on record.

Company details

CIN U70102MH2008PTC179423
Registration Number 179423
Incorporation Date 25 February 2008
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 14 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Kumar Urban Development Private Limited
Compliance Status Active Compliant

Contact details

Khiranagar Development Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Ali Chambers Office No. 7 N.M. Road Fort, Mumbai, Maharashtra, India – 400023
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Khiranagar Development Private Limited, buy the company report.

Comprehensive company report
Khiranagar Development Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Khiranagar Development is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Khiranagar Development Private Limited, buy the company report.

Financials of Khiranagar Development Private Limited

FY 2024 filings available

Khiranagar Development Private Limited reported revenue of ₹60.62 Lakh for FY 2024.

Revenue · FY 2024
₹60.62 Lakh
Net loss · FY 2024
₹11.96 Lakh margin -19.7%
EBITDA · FY 2024
-₹11.95 Lakh margin -19.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 26%
5 years · compounded
▲ 105%
EBITDA CAGR growth
3 years · compounded
▼ 27%
5 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 105% over five years. 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹11.95 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹11.96 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-19.7%
Net Profit Margin-19.7%
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 Khiranagar Development Private Limited, buy the company report.

Board of directors of Khiranagar Development Private Limited

Khiranagar Development has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Krishnan LakshminarayanDirector01 Mar 201610 Years 7 MonthsAs last reported
Viresh Shashikant ParekhDirector15 Jun 201610 Years 4 MonthsAs last reported

Auditor

Khiranagar Development Private Limited is audited by KAILASH AGARWAL & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
KAILASH AGARWAL & ASSOCIATESFY 2019144696W

Shareholding

The shareholding of Khiranagar Development Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Khiranagar Development Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10 Cr
Satisfied charges
₹130 Cr
Breakdown by lending institutions
Capital First Limited₹85.00 Cr
Kotak Mahindra Prime Limited₹45.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Aug 201510604850Capital First Limited₹85 CrSatisfied
25 Aug 200910176697Kotak Mahindra Prime Limited₹45 CrSatisfied

To see the full charge records of Khiranagar Development Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Khiranagar Development 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 Khiranagar Development Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Khiranagar Development Private Limited has 8 board changes on record since 2008: 5 appointments and 3 cessations. The latest: Lalitkumar Kesarimal Jain ceased to be Director on 01 Jul 2016.

AGM
Khiranagar Development Private Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.
Filing
Khiranagar Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 14 Aug 2015 via Charge ID 10604850 with Capital First Limited was fully satisfied on 19 Nov 2018.
Ceased
Lalitkumar Kesarimal Jain ceased to be Director.
Appointed
Viresh Shashikant Parekh was appointed as Director.
Appointed
Krishnan Lakshminarayan was appointed as Director.
Ceased
Pranay Lalitkumar Jain ceased to be Director.
Charges
A charge with Capital First Limited amounted to Rs. 8,500.00 Lakh with Charge ID 10604850 was registered on 14 Aug 2015.
Ceased
Shailesh Ghisulal Hingarh ceased to be Director.
Charges
A charge registered on 25 Aug 2009 via Charge ID 10176697 with Kotak Mahindra Prime Limited was fully satisfied on 22 Mar 2012.
Appointed
Pranay Lalitkumar Jain was appointed as Director.
Charges
A charge with Kotak Mahindra Prime Limited of Rs. 4,500.00 Lakh registered on 25 Aug 2009 with Charge ID 10176697 was modified on 22 Oct 2009.

4 earlier events are in the company report.

Frequently asked questions

Khiranagar Development has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Khiranagar Development was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 February 2008 and is registered under CIN U70102MH2008PTC179423. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Khiranagar Development was incorporated on 25 February 2008. It is registered with the Registrar of Companies, Mumbai.

Khiranagar Development had 2 directors:

The CIN (Corporate Identification Number) of Khiranagar Development is U70102MH2008PTC179423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Khiranagar Development is at Ali Chambers Office No. 7 N.M. Road Fort, Mumbai, Maharashtra, India – 400023.

The latest financial statements of Khiranagar Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 14 September 2024. Year-wise statements from 2015 are in the company report.

Khiranagar Development operated in the real estate and construction industry, in the real estate builders and developers segment.

Lalitkumar Kesarimal Jain ceased to be Director on 01 Jul 2016. Viresh Shashikant Parekh was appointed as Director on 15 Jun 2016. Krishnan Lakshminarayan was appointed as Director on 01 Mar 2016. Khiranagar Development has 8 board changes on record in total.

Khiranagar Development has open charges of ₹10 Cr and satisfied charges of ₹130 Cr as per latest MCA filings.