
Khushali Developers Private Limited
About Khushali Developers Private Limited
Data last updated:
Khushali Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 11 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC151230.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.02 Cr. It is led by directors including Abu Asim Azmi and Bharat Kewalchand Parmar.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹29,000. For the same year it recorded a net loss of ₹2.71 Lakh and EBITDA of -₹2.71 Lakh.
Its group structure includes 1 subsidiary.
Court records list 15 cases involving the company, including 14 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Khushali Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2/42 3rd Floor Kamal Mansion Hna, Azmi Marg (Arthur Bunder Road), Mumbai, Maharashtra, India – 400005
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Khushali 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 Khushali Developers Private Limited
FY 2025 filings availableKhushali Developers Private Limited reported revenue of ₹29,000 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹29,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.71 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.71 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Khushali Developers Private Limited, buy the company report.
Board of directors of Khushali Developers Private Limited
Khushali Developers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abu Asim Azmi Also directs: Osian's Nirman Private Limited, White Pearls Hotels and Investment Pvt Ltd, Silverline Buildcon LLP and 4 more | Director | 15 Dec 2007 | 18 Years 10 Months | Current |
| Bharat Kewalchand Parmar Also directs: VSH Silk Mills Limited, Vijay Silk House (Mumbai) Limited, Vijay Silk House Private Limited and 5 more | Director | 15 Oct 2025 | 1 Years 0 Months | Current |
| Abha Ganeshkumar Gupta Also directs: Shreenathji Dwellings LLP, Aakash Textiles Exports LLP, Osian's Farms Private Limited and 5 more | Director | 27 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Khushali Developers Private Limited is audited by SHAH MUKUL KUMAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH MUKUL KUMAR & ASSOCIATES | FY 2017 | 006070C |
Shareholding
The shareholding of Khushali 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 Khushali Developers Private Limited, buy the company report.
Legal cases
Khushali Developers Private Limited has 15 court cases on record: 14 filed by Khushali Developers, 1 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 1 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (TER) | Filed by the company against individuals | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed by the company against individuals | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed against the company by an individual | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAER) | Filed by the company against individuals | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAER) | Filed by the company against an individual | Disposed |
To see the full case history of Khushali 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 Khushali Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Khushali Developers has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| White Pearls Hotels and Investment Pvt Ltd | U55200MH1983PTC031739 |
To see the full group structure of Khushali Developers Private Limited, buy the company report.
GST
No GST registration is on our record for Khushali Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Khushali Developers Private Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Bharat Kewalchand Parmar was appointed as Director on 15 Oct 2025.
Frequently asked questions
Khushali Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 11 February 2005 (21+ years old) and is registered under CIN U45200MH2005PTC151230.
Khushali Developers has 3 current directors:
- Abu Asim Azmi - Director
- Bharat Kewalchand Parmar - Director
- Abha Ganeshkumar Gupta - Director
The latest financial statements of Khushali Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Khushali Developers is U45200MH2005PTC151230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khushali Developers has 15 court cases on record: 14 filed by the company and 1 filed against it. 2 are pending.
Khushali Developers was incorporated on 11 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharat Kewalchand Parmar was appointed as Director on 15 Oct 2025. Abha Ganeshkumar Gupta was appointed as Director on 27 Sep 2024. Vimla Dilkhush Doshi ceased to be Additional Director on 26 Sep 2022. Khushali Developers has 9 board changes on record in total.
The registered office of Khushali Developers is at 242 3rd Floor Kamal Mansion Hna, Azmi Marg Arthur Bunder Road, Mumbai, Maharashtra, India – 400005.
Khushali Developers operates in the real estate industry, in the real estate leasing segment.
The compliance status of Khushali Developers is compliant as of 17 July 2026. The company is actively filing with the Registrar of Companies.

