
Khvafar Property Developers Private Limited
About Khvafar Property Developers Private Limited
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Khvafar Property Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shapoorji Pallonji And Company Private Limited. It operates in the management consultancy segment of the business services sector. It was incorporated on 05 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2011PTC222756. Its GSTIN is 19AAECK6402F1ZP (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shashank Dattaram Mohite and Prashant Shantaram Parab.
Its last annual general meeting (AGM) was held on 15 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹4.27 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹23.79 Cr and EBITDA of ₹13.75 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹1,730 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Khvafar Property Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressSp Centre 41/44, Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Khvafar Property 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 Khvafar Property Developers is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Khvafar Property Developers Private Limited, buy the company report.
Financials of Khvafar Property Developers Private Limited
FY 2026 filings availableKhvafar Property Developers Private Limited reported revenue of ₹4.27 Cr (down 10% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 17% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹4.27 Cr | ||||
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| EBITDA | ₹13.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
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To see the full financial statements and ratios of Khvafar Property Developers Private Limited, buy the company report.
Board of directors of Khvafar Property Developers Private Limited
Khvafar Property Developers has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Dattaram Mohite | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
| Prashant Shantaram Parab Also directs: Paikar Real Estates Private Limited, Floreat Investments Private Limited, Grand View Estates Private Limited and 2 more | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
| Sanjaya Kumar Nayak | Director | 06 Jul 2026 | 0 Years 4 Months | Current |
Auditor
Khvafar Property Developers Private Limited is audited by HARSHAD DOSHI & CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARSHAD DOSHI & CO. | FY 2026 | 133620W |
Shareholding
The shareholding of Khvafar Property Developers Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Khvafar Property Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2025 | 101206154 | Others | ₹750 Cr | Open | |
| 14 Jul 2025 | 101128721 | Others | ₹200 Cr | Open | |
| 03 Oct 2023 | 100927320 | Idbi Trusteeship Services Limited | ₹250 Cr | Open | |
| 03 Oct 2023 | 100932651 | Idbi Trusteeship Services Limited | ₹530 Cr | Open |
To see the full charge records of Khvafar Property Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Khvafar Property 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 Khvafar Property Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Khvafar Property Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECK6402F1ZP | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Khvafar Property Developers Private Limited, buy the company report.
Recent activity
Khvafar Property Developers Private Limited has 11 board changes on record since 2020: 3 appointments and 8 cessations. The latest: Sanjaya Kumar Nayak was appointed as Director on 06 Jul 2026.
8 earlier events are in the company report.
Frequently asked questions
Khvafar Property Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in management consultancy, within the business services industry. It was incorporated on 05 October 2011 (15+ years old) and is registered under CIN U70102MH2011PTC222756.
Khvafar Property Developers has 3 current directors:
- Shashank Dattaram Mohite - Director
- Prashant Shantaram Parab - Director
- Sanjaya Kumar Nayak - Director
The latest financial statements of Khvafar Property Developers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Khvafar Property Developers is 19AAECK6402F1ZP, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Khvafar Property Developers is U70102MH2011PTC222756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khvafar Property Developers was incorporated on 05 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanjaya Kumar Nayak was appointed as Director on 06 Jul 2026. Muralidharan Raghuraman ceased to be Additional Director on 19 Sep 2024. Parikshit Pushpakant Pawar ceased to be Additional Director on 27 Sep 2023. Khvafar Property Developers has 11 board changes on record in total.
The registered office of Khvafar Property Developers is at Sp Centre 4144, Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
Khvafar Property Developers operates in the business services industry, in the management consultancy segment.
Khvafar Property Developers has open charges of ₹1,730 Cr and no satisfied charges on record as per latest MCA filings.

