Kolland Developers Private Limited
About Kolland Developers Private Limited
Data last updated:
Kolland Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Citroen Developers Mauritius Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC158270.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹48 Cr. It is led by directors including Subodh Vinayak Pagnis and Anjali Anil Joshi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.91 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹6.87 Cr (net margin -63%) and EBITDA of ₹5.99 Cr (EBITDA margin 54.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹70 Cr and satisfied charges of ₹73 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSp Centre 41/44, Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Kolland Developers Private Limited
The main business activity of Kolland Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Kolland Developers Private Limited
Kolland Developers Private Limited is audited by B R Nagda & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B R Nagda & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Kolland Developers Private Limited
Kolland Developers has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subodh Vinayak Pagnis Also directs: Galina Consultancy Services Private Limited, Supra Warehousing Private Limited, Skyscape Developers Private Limited and 5 more | Director | 19 Mar 2020 | 6 Years 6 Months | Current |
| Anjali Anil Joshi | Director | 27 Aug 2024 | 2 Years 1 Months | Current |
| Adil Meherwanji Daruwala | Director | 19 Apr 2023 | 3 Years 5 Months | Current |
Financials of Kolland Developers Private Limited FY 2025 filings available
Kolland Developers Private Limited reported revenue of ₹10.91 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kolland Developers Private Limited
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 41% 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 of Kolland Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.87 Cr | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Kolland Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -63% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kolland Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Kolland Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kolland Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2025 | Others | ₹70 Cr | Open |
| 18 Jul 2023 | Idbi Trusteeship Services Limited | ₹10 Cr | Satisfied |
| 25 Mar 2022 | Idbi Trusteeship Services Limited | ₹58.5 Cr | Satisfied |
| 25 Mar 2022 | Idbi Trusteeship Services Limited | ₹4.5 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Kolland Developers Private Limited
Employment history and EPFO contributions of people linked to Kolland Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Kolland Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Kolland Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kolland Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kolland Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kolland Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Kolland Developers Private Limited
Frequently Asked Questions about Kolland Developers Private Limited
Kolland Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 December 2005 (21+ years old) and is registered under CIN U45200MH2005PTC158270.
Kolland Developers reported revenue of ₹10.91 Cr for FY 2025 (down 27% YoY).
Kolland Developers has 3 current directors:
- Subodh Vinayak Pagnis - Director
- Anjali Anil Joshi - Director
- Adil Meherwanji Daruwala - Director
Kolland Developers reported a net loss of ₹6.87 Cr (net margin -63%) and EBITDA of ₹5.99 Cr (EBITDA margin 54.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kolland Developers is 10% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Kolland Developers is U45200MH2005PTC158270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kolland Developers was incorporated on 22 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Kolland Developers is at Sp Centre 4144, Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
Kolland Developers has an authorised share capital of ₹50 Cr and a paid-up capital of ₹48 Cr.