About Kumar Sinew Developers Private Limited
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Kumar Sinew Developers Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Kul Urban Development Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70102PN2009PTC133680. Its GSTIN is 27AADCK6809K1Z7 (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹10.21 Lakh. It was formerly known as Kumar Sinew Developers Limited. It is led by directors including Vijay Balaso Awhale and Vikas Kishor Parmar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2409 East Street, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.38 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹61.37 Lakh (net margin -44.6%) and EBITDA of -₹34.6 Lakh (EBITDA margin -25.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 16% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹179.4 Cr and satisfied charges of ₹2,384.5 Cr on record. Court records list 22 cases involving the company, including 11 filed by the company and 11 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kul.co.in.
Company details
CIN history
Kumar Sinew Developers has one previous CIN (Corporate Identification Number): U70102PN2009PLC133680. The current CIN is U70102PN2009PTC133680, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102PN2009PTC133680 | Current |
| U70102PN2009PLC133680 | Previous |
Contact details
Kumar Sinew Developers Private Limited's registered office is in Pune, Maharashtra. Its website is kul.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2409 East Street, Pune, Maharashtra, India – 411001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kumar Sinew 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 Kumar Sinew Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Kumar Sinew Developers Private Limited
FY 2025 filings availableKumar Sinew Developers Private Limited reported revenue of ₹1.38 Cr (up 649% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 649% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 79% 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 | -₹34.6 Lakh | ||||
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| Net Profit (PAT) | -₹61.37 Lakh | ||||
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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 | -25.2% | ||||
| Net Profit Margin | -44.6% | ||||
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To see the full financial statements and ratios of Kumar Sinew Developers Private Limited, buy the company report.
Board of directors of Kumar Sinew Developers Private Limited
Kumar Sinew Developers has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Balaso Awhale Also directs: Kumar Builders Project Pune Private Limited, Sukumar Estates Private Limited, Cerebrum Techstates Private Limited and 5 more | Director | 24 Apr 2024 | 2 Years 6 Months | Current |
| Vikas Kishor Parmar Also directs: Kumar Perfumaries Private Limited, Sukumar Estates Private Limited, Kumar Urban Development Private Limited and 5 more | Director | 24 Apr 2024 | 2 Years 6 Months | Current |
| Viresh Shashikant Parekh Also directs: Kumar Perfumaries Private Limited, Kumar Housing Corporation Private Limited, Kumar City Club Limited and 5 more | Director | 30 Jun 2014 | 12 Years 3 Months | Current |
| Krishnan Lakshminarayan | Director | 23 Mar 2009 | 17 Years 7 Months | Current |
Peer comparison
Kumar Sinew Developers Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V. Jamnadas Developer Private Limited | ₹1.38 Cr (FY 2025) | 211.0% | Bhavnagar, Gujarat, India | |||
| Astron Developers Private Limited | ₹1.38 Cr (FY 2024) | -84.0% | Ahmedabad, Gujarat, India | |||
| Kumar Sinew Developers Private Limitedthis company | ₹1.38 Cr (FY 2025) | -₹61.37 Lakh | -44.6% | 649.0% | 6 | Pune, Maharashtra, India |
| Kma Constructions (India) Private Limited | ₹1.37 Cr (FY 2018) | -55.0% | Kozhikode, Kerala, India | |||
| Gratia Engineering Services Private Limited | ₹1.37 Cr (FY 2024) | 28.0% | Delhi, India |
To see the full peer comparison of Kumar Sinew Developers Private Limited, buy the company report.
Auditor
Kumar Sinew Developers Private Limited is audited by SPAK & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SPAK & CO | FY 2023 | 139877W |
Shareholding
The shareholding of Kumar Sinew 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 Kumar Sinew Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2016 | 10628410 | Idbi Trusteeship Services Limited | ₹179.4 Cr | Open | |
| 20 Dec 2018 | 100228403 | Idbi Trusteeship Services Limited | ₹55 Cr | Satisfied | |
| 18 Apr 2018 | 100224980 | Idbi Trusteeship Services Limited | ₹55 Cr | Satisfied | |
| 23 Dec 2011 | 10331531 | Future Capital Holdings Limited | ₹40 Cr | Satisfied | |
| 23 Dec 2011 | 10331527 | Future Capital Holdings Limited | ₹75 Cr | Satisfied |
To see the full charge records of Kumar Sinew Developers Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Kumar Sinew Developers Private Limited has 22 court cases on record: 11 filed by Kumar Sinew Developers, 11 filed against it. 5 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 6 | 3 |
| District courts | 7 | 3 | 1 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Appeal | Filed against the company by individuals | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against individuals | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Ors | Pending |
To see the full case history of Kumar Sinew 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.
Credit ratings & regulatory alerts
Kumar Sinew Developers Private Limited was last rated by Brickwork on 14 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 14 Sep 2020 |
To see the full credit ratings and regulatory alerts of Kumar Sinew Developers Private Limited, buy the company report.
MSME payment delays
Kumar Sinew Developers Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kumar Sinew Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kumar Sinew Developers Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Kumar Sinew Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK6809K1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kumar Sinew Developers Private Limited, buy the company report.
Recent activity
Kumar Sinew Developers Private Limited has 14 board changes on record since 2009: 4 appointments and 10 cessations. The latest: Vijay Balaso Awhale was appointed as Director on 24 Apr 2024.
31 earlier events are in the company report.
Frequently asked questions
Kumar Sinew Developers is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 March 2009 (17+ years old) and is registered under CIN U70102PN2009PTC133680.
Kumar Sinew Developers has 4 current directors:
- Vijay Balaso Awhale - Director
- Vikas Kishor Parmar - Director
- Viresh Shashikant Parekh - Director
- Krishnan Lakshminarayan - Director
The latest financial statements of Kumar Sinew Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kumar Sinew Developers is 27AADCK6809K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kumar Sinew Developers is U70102PN2009PTC133680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kumar Sinew Developers has 22 court cases on record: 11 filed by the company and 11 filed against it. 5 are pending. Most are in the high courts.
Kumar Sinew Developers was incorporated on 23 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Kumar Sinew Developers by revenue are V. Jamnadas Developer Private Limited, Astron Developers Private Limited, Kma Constructions (India) Private Limited, Gratia Engineering Services Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Vijay Balaso Awhale was appointed as Director on 24 Apr 2024. Vikas Kishor Parmar was appointed as Director on 24 Apr 2024. Ayush Agarwala ceased to be Nominee Director on 21 Dec 2023. Kumar Sinew Developers has 14 board changes on record in total.
Kumar Sinew Developers has 10 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 7 micro and small suppliers. The latest return was filed on 26 Aug 2023.
Kumar Sinew Developers can be reached through the website kul.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Kumar Sinew Developers is at 2409 East Street, Pune, Maharashtra, India – 411001.