Kryshnajay Developers Private Limited
About Kryshnajay Developers Private Limited
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Kryshnajay Developers Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 13 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U68200MH2010PTC201992. Its GSTIN is 27AADCK9290J1Z0 (Maharashtra).
The company has an authorised share capital of ₹98 Cr and a paid-up capital of ₹97.25 Cr. It is led by directors including Umesh Chhabildas Mehta and Ajay Pratap Ashar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 11th Floor Ashar IT Park, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.9 Cr (net margin 23.5%) and EBITDA of ₹45.91 Cr (EBITDA margin 54.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 150% over five years.
As per MCA filings, the company has satisfied charges of ₹682.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address11th Floor Ashar IT Park Road No – 16Z Wagale Industrial Estate Agriculture Bus, Stop, Thane, Maharashtra, India – 400604
- IndustryReal Estate, Real Estate Leasing
- 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 Kryshnajay Developers Private Limited
The main business activity of Kryshnajay 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.
Financials of Kryshnajay Developers Private Limited FY 2024 filings available
Kryshnajay Developers Private Limited reported revenue of ₹84.63 Cr (up 334% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kryshnajay Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 150% over five years, including 334% growth in the latest year. EBITDA rose 470% 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 Kryshnajay 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹45.91 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.9 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Kryshnajay Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 23.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Kryshnajay 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.
Peer Comparison of Kryshnajay Developers Private Limited
Kryshnajay Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Puranik Rumah Bali Private Limited | ₹85.05 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Thane, Maharashtra, India |
| Amj Land Holdings Limited Listed | ₹85.03 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
| Hi Lite Projects Private Limited | ₹85 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Kozhikode, Kerala, India |
| Dashanya Tech Parkz Private Limited | ₹84.83 Cr (FY 2025) | •••• | •••• | 577.0% | •••• | Bangalore, Karnataka, India |
| Aspire Spaces Private Limited | ₹84.76 Cr (FY 2024) | •••• | •••• | 91.0% | •••• | Hyderabad, Telangana, India |
| Kryshnajay Developers Private Limited this company | ₹84.63 Cr (FY 2025) | •••• | •••• | 334.0% | •••• | Thane, Maharashtra, India |
| Plinth One Private Limited | ₹84.59 Cr (FY 2025) | •••• | •••• | 1689.0% | •••• | Gurugram, Haryana, India |
| Sree Daksha Property Developers (India) Private Limited | ₹84.58 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Coimbatore, Tamil Nadu, India |
| Lifeline Multi-Ventures Private Limited | ₹84.41 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Bhubaneswar, Odisha, India |
| Godavari Shilpkala Private Limited | ₹84.36 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Delhi, India |
| Esnp Property Builders and Developers Private Limited | ₹84.27 Cr (FY 2025) | •••• | •••• | 241.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Kryshnajay Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kryshnajay Developers Private Limited
Kryshnajay Developers Private Limited is audited by NITIN MARU & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NITIN MARU & ASSOCIATES | 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 Kryshnajay Developers Private Limited
Kryshnajay Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Chhabildas Mehta Also directs: Modella Textile Industries Limited, Ashar Yashayu Developers Private Limited, Ashar Realty Private Limited and 3 more | Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Ajay Pratap Ashar Also directs: Modella Textile Industries Limited, Shelter Realty Private Limited, Ashar Yashayu Developers Private Limited and 1 more | Director | 13 Apr 2010 | 16 Years 5 Months | Current |
| Leena Manish Desai Also directs: Modella Textile Industries Limited, Ashar Realty Private Limited | Director | 10 Jun 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of Kryshnajay 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 Kryshnajay Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2020 | Idbi Trusteeship Services Limited | ₹160 Cr | Satisfied |
| 11 Dec 2020 | Idbi Trusteeship Services Limited | ₹160 Cr | Satisfied |
| 12 Apr 2019 | Idbi Trusteeship Services Limited | ₹172 Cr | Satisfied |
| 18 Apr 2017 | Idbi Trusteeship Services Limited | ₹115 Cr | Satisfied |
| 04 Feb 2015 | Icici Bank Limited | ₹75.25 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Kryshnajay Developers Private Limited
Employment history and EPFO contributions of people linked to Kryshnajay 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.
CIN History of Kryshnajay Developers Private Limited
Kryshnajay Developers has one previous CIN (Corporate Identification Number): U45400MH2010PTC201992. The current CIN is U68200MH2010PTC201992, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68200MH2010PTC201992 | Current |
| U45400MH2010PTC201992 | Previous |
Recent Activity on Kryshnajay Developers Private Limited
Kryshnajay Developers Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Leena Manish Desai was appointed as Director on 10 Jun 2025.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kryshnajay 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 Kryshnajay 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 Kryshnajay 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.
GST Compliance of Kryshnajay Developers Private Limited
Kryshnajay Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK9290J1Z0 | Maharashtra | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Kryshnajay 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.
Frequently Asked Questions about Kryshnajay Developers Private Limited
Kryshnajay Developers is an active private limited company based in Thane, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 13 April 2010 (16+ years old) and is registered under CIN U68200MH2010PTC201992.
Kryshnajay Developers reported revenue of ₹84.63 Cr for FY 2025 (up 334% YoY).
Kryshnajay Developers has 3 current directors:
- Umesh Chhabildas Mehta - Director
- Ajay Pratap Ashar - Director
- Leena Manish Desai - Director
Kryshnajay Developers reported a net profit of ₹19.9 Cr (net margin 23.5%) and EBITDA of ₹45.91 Cr (EBITDA margin 54.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kryshnajay Developers is -12% over three years and 150% over five years. In the latest year (FY 2025) revenue rose 334%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kryshnajay Developers is 27AADCK9290J1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kryshnajay Developers is U68200MH2010PTC201992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kryshnajay Developers was incorporated on 13 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kryshnajay Developers by revenue are Puranik Rumah Bali Private Limited, Amj Land Holdings Limited, Hi Lite Projects Private Limited, Dashanya Tech Parkz Private Limited, Aspire Spaces Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Leena Manish Desai was appointed as Director on 10 Jun 2025. Umesh Chhabildas Mehta was appointed as Director on 07 Mar 2025. Anju Ajay Ashar ceased to be Additional Director on 20 Jul 2022. Kryshnajay Developers has 6 board changes on record in total.
The registered office of Kryshnajay Developers is at 11th Floor Ashar IT Park Road No – 16Z Wagale Industrial Estate Agriculture Bus, Stop, Thane, Maharashtra, India – 400604.