MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0177045
Krishna Developers Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹72.22 Cr
▲ 10% YoY
Net loss · FY 2025
₹85.65 Lakh
Net margin -1.2%
EBITDA · FY 2025
₹23.07 Cr
EBITDA margin 31.9%
Authorised capital
₹6.69 Cr
Registered with MCA
Paid-up capital
₹71.39 Lakh
Issued & subscribed
Open charges
₹448.06 Cr
Satisfied ₹227.55 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
2
Provident fund records
About Krishna Developers Private Limited
Data last updated:
Krishna Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2000PTC127299. Its GSTIN is 27AABCK5678G1Z9 (Maharashtra).
The company has an authorised share capital of ₹6.69 Cr and a paid-up capital of ₹71.39 Lakh. It is led by directors Vijay Kumar Shrigopal Khetan and Meena Khetan.
Its last annual general meeting (AGM) was held on 18 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 508 Gundecha Chambersnagindas Master Road Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.22 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹85.65 Lakh (net margin -1.2%) and EBITDA of ₹23.07 Cr (EBITDA margin 31.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 8% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹448.06 Cr and satisfied charges of ₹227.55 Cr on record. Court records list 98 cases involving the company, including 35 filed by the company and 63 filed against it; 23 cases are pending. The company has 12 deals on record (8 funding rounds, 4 secondary share transfers), with disclosed funding of ₹93.01 Cr; the latest was in March 2018. Its 4 peer companies in the Real Estate industry (Builders and Developers, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 2 smaller; the largest is Malabar Plus Constructions Private Limited with revenue of ₹72.3 Cr.
Krishna Developers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0177045). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vijaykhetangroup.com.
Company details
CIN U45200MH2000PTC127299
Registration Number 127299
Incorporation Date 21 June 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0177045
Recognitions & Rankings of Krishna Developers
Contact details
Krishna Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is vijaykhetangroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address508 Gundecha Chambersnagindas Master Road Fort, Mumbai, Maharashtra, India – 400023
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Krishna Developers Private Limited, buy the company report.
Comprehensive company report
Krishna Developers 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 Krishna Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Krishna Developers Private Limited, buy the company report.
Financials of Krishna Developers Private Limited
FY 2024 filings availableKrishna Developers Private Limited reported revenue of ₹72.22 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹72.22 Cr ▲ 10%
Net loss · FY 2025
₹85.65 Lakh margin -1.2%
EBITDA · FY 2025
₹23.07 Cr margin 31.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 18%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 49%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 10% growth in the latest year. EBITDA fell 32% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.07 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹85.65 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.9% | ||||
| Net Profit Margin | -1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Krishna Developers Private Limited, buy the company report.
Board of directors of Krishna Developers Private Limited
Krishna Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Shrigopal Khetan | Director | 21 Jun 2000 | 26 Years 4 Months | Current |
| Meena Khetan Also directs: Silverlane Ventures LLP, Frontman Multitrade Private Limited, Winman Buildcon Private Limited and 5 more | Director | 28 Mar 2002 | 24 Years 7 Months | Current |
Peer comparison
Krishna Developers Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malabar Plus Constructions Private Limited | ₹72.3 Cr (FY 2024) | 83.0% | Manjeri, Kerala, India | |||
| Logical Builders Private Limited | ₹72.25 Cr (FY 2025) | Faridabad, Haryana, India | ||||
| Krishna Developers Private Limitedthis company | ₹72.22 Cr (FY 2025) | -₹85.65 Lakh | -1.2% | 10.0% | 2 | Mumbai, Maharashtra, India |
| GMR Hyderabad Aerotropolis Limited | ₹72.17 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| BPTP International Trade Centre Limited | ₹72.15 Cr (FY 2025) | 51.0% | Faridabad, Haryana, India |
To see the full peer comparison of Krishna Developers Private Limited, buy the company report.
Auditor
Krishna Developers Private Limited is audited by M A T AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A T AND CO | FY 2023 | 140377W |
Shareholding
The shareholding of Krishna Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Krishna Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹448.06 Cr
Satisfied charges
₹227.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101187276 | Hdfc Bank Limited | ₹1.48 Cr | Open | |
| 05 Sep 2024 | 100975852 | Others | ₹30 Cr | Open | |
| 28 Mar 2024 | 100905259 | Others | ₹200 Cr | Open | |
| 06 Feb 2024 | 100905811 | Hdfc Bank Limited | ₹18.24 Lakh | Open | |
| 04 Mar 2023 | 100692686 | Hdfc Bank Limited | ₹107.87 Cr | Open |
To see the full charge records of Krishna Developers Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Krishna Developers Private Limited has 12 deals on record (8 funding rounds, 4 secondary share transfers), with disclosed funding of ₹93.01 Cr; the latest was in March 2018.
Total deals
12
Funding rounds
8
Secondary share transfers
4
Disclosed funding
₹93.01 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Barclays Wealth Trustees (India) Private Limited Seller: VKG Private Trust |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Kernel Tech Networks Private Limited Seller: Jayatu Traders Private Limited , 3 individuals |
| Mar 2011 | Funding round | ₹4.51 Cr | Investors: Jayatu Traders Private Limited , Kernel Tech Networks Private Limited , Ankit Real Estate Private Limited |
| Mar 2009 | Funding round | ₹3 Cr | Investors: Allied Global Infrastructure Limited , Gugnani Leasing & Hire Purchase Private Limited , Konark Commerce & Industries Ltd |
| Mar 2009 | Funding round | ₹3.87 Cr | Investors: Krishna Land Developers Private Limited, Neelkanth Goods Pvt Ltd , Puspanjali Trading Private Limited |
To see the full deal history of Krishna Developers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Krishna Developers Private Limited has 98 court cases on record: 35 filed by Krishna Developers, 63 filed against it. 23 cases are pending and 75 are disposed.
Total cases
98
Filed by the company
35
Filed against the company
63
Pending
23
Disposed
75
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 47 | 27 | 12 |
| District courts | 43 | 32 | 11 |
| NCLT | 5 | 3 | 0 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 98)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Syneos Health India Pvt.Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Emirates Logistics India Pvt Ltd Through Mr Abhijit Dhananjay Mane | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Emirates Logistics India Pvt Ltd Through Mr Abhijit Dhananjay Mane | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Cbre South Asia Private Limited Through Its Authorized Signatory Kasif Qureshi | Pending |
| Bombay High Court | Writ petition | Filed by the company against Pure Drinks Limited and 2 others | Pending |
To see the full case history of Krishna 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 Krishna Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Krishna Developers Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
2
Active EPFO establishments
2
Employee growth
100%
GST
Krishna Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK5678G1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Krishna Developers Private Limited, buy the company report.
Recent activity
Krishna Developers Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Anushree Devesh Gupta ceased to be Additional Director on 24 Feb 2012.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.48 Cr with Charge ID 101187276 was registered on 29 Aug 2025.
AGM
Krishna Developers Private Limited last Annual general meeting of members was held on 18 Dec 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100975852 was registered on 05 Sep 2024.
Filing
Krishna Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100905259 was registered on 28 Mar 2024.
Charges
A charge registered on 08 Jan 2015 via Charge ID 10542010 with Others was fully satisfied on 08 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100905811 was registered on 06 Feb 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 107.87 Cr registered on 04 Mar 2023 with Charge ID 100692686 was modified on 28 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 107.87 Cr with Charge ID 100692686 was registered on 04 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.15 Cr with Charge ID 100614561 was registered on 06 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.99 Cr with Charge ID 100542553 was registered on 15 Jan 2022.
Charges
A charge with Others of Rs. 42.00 Cr registered on 08 Jan 2015 with Charge ID 10542010 was modified on 28 Feb 2019.
32 earlier events are in the company report.
Frequently asked questions
Krishna 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 21 June 2000 (26+ years old) and is registered under CIN U45200MH2000PTC127299.
Krishna Developers has 2 current directors:
- Vijay Kumar Shrigopal Khetan - Director
- Meena Khetan - Director
The latest financial statements of Krishna Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 18 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Krishna Developers is 27AABCK5678G1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Krishna Developers is U45200MH2000PTC127299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishna Developers has 98 court cases on record: 35 filed by the company and 63 filed against it. 23 are pending. Most are in the high courts.
Krishna Developers was incorporated on 21 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Krishna Developers has 12 deals on record (8 funding rounds, 4 secondary share transfers), with disclosed funding of ₹93.01 Cr; the latest was in March 2018.
The peers of Krishna Developers by revenue are Malabar Plus Constructions Private Limited, Logical Builders Private Limited, GMR Hyderabad Aerotropolis Limited, BPTP International Trade Centre Limited, all in the Real Estate industry (Builders and Developers, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Anushree Devesh Gupta ceased to be Additional Director on 24 Feb 2012. Anushree Devesh Gupta was appointed as Additional Director on 01 Apr 2009. Meena Khetan was appointed as Director on 28 Mar 2002. Krishna Developers has 4 board changes on record in total.
Yes, Krishna Developers is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0177045).