MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0103955
Kumar Urban Development Private Limited - real estate and construction in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹291.4 Cr
▲ 32% YoY
Net profit · FY 2024
₹196.15 Cr
Net margin 67.3%
EBITDA · FY 2024
₹197.56 Cr
EBITDA margin 67.8%
Authorised capital
₹132.16 Cr
Registered with MCA
Paid-up capital
₹89.56 Cr
Issued & subscribed
Open charges
₹538.1 Cr
Satisfied ₹2,940.94 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
32
Provident fund records
About Kumar Urban Development Private Limited
Data last updated:
Kumar Urban Development Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70101PN1993PTC072139. Its GSTIN is 27AAACK7659N1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹132.16 Cr and a paid-up capital of ₹89.56 Cr. It was formerly known as Kumar Urban Development Limited and Kumar Housing and Land Development Ltd. It is led by directors including Vikas Kishor Parmar and Kalpesh Jaynarayan Pingle.
Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2409 East Street, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2024, the company reported a revenue of ₹291.4 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹196.15 Cr (net margin 67.3%) and EBITDA of ₹197.56 Cr (EBITDA margin 67.8%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 7% over five years.
The company has about 32 employees on its provident fund (EPFO) records. Its group structure includes 13 subsidiaries.
As per MCA filings, the company has open charges of ₹538.1 Cr and satisfied charges of ₹2,940.94 Cr on record. Court records list 233 cases involving the company, including 88 filed by the company and 145 filed against it; 87 cases are pending. The company has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹242.31 Cr; the latest was in December 2019. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 2 smaller; the largest is Chalama Infraproperties Private Limited with revenue of ₹291.89 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 83 overdue payments to 17 micro and small suppliers.
Kumar Urban Development Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0103955). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kumarbuilders.com.
Company details
CIN U70101PN1993PTC072139
Registration Number 072139
Incorporation Date 25 May 1993
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0103955
Name history
Kumar Urban Development has undergone 2 name changes throughout its history. The company was previously known as Kumar Urban Development Limited, and Kumar Housing And Land Development Ltd. The current legal name is Kumar Urban Development Private Limited.
| Company Name | Status |
|---|---|
| Kumar Urban Development Private Limited | Current |
| Kumar Urban Development Limited | Previous |
| Kumar Housing And Land Development Ltd | Previous |
CIN history
Kumar Urban Development has one previous CIN (Corporate Identification Number): U70101PN1993PLC072139. The current CIN is U70101PN1993PTC072139, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101PN1993PTC072139 | Current |
| U70101PN1993PLC072139 | Previous |
Key People
Vikas Kishor Parmar Director Kalpesh Jaynarayan Pingle Director Lalitkumar Kesarimal Jain Director Recognitions & Rankings of Kumar Urban Development
Contact details
Kumar Urban Development Private Limited's registered office is in Pune, Maharashtra. Its website is kumarbuilders.com. 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 Urban Development Private Limited, buy the company report.
Comprehensive company report
Kumar Urban Development 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 Kumar Urban Development 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 |
To see the full business activity and turnover split of Kumar Urban Development Private Limited, buy the company report.
Financials of Kumar Urban Development Private Limited
FY 2024 filings availableKumar Urban Development Private Limited reported revenue of ₹291.4 Cr (up 32% YoY) for FY 2024.
Revenue · FY 2024
₹291.4 Cr ▲ 32%
Net profit · FY 2024
₹196.15 Cr margin 67.3%
EBITDA · FY 2024
₹197.56 Cr margin 67.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 87%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 165%
3 years · compounded
▲ 182%
5 years · compounded
▲ 11%
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 165% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹197.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹196.15 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.8% | ||||
| Net Profit Margin | 67.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Kumar Urban Development Private Limited, buy the company report.
Board of directors of Kumar Urban Development Private Limited
Kumar Urban Development has 4 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Kishor Parmar Also directs: Sukumar Realty LLP, Kumar Perfumaries Private Limited, Sukumar Estates Private Limited and 5 more | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
| Kalpesh Jaynarayan Pingle Also directs: Kumar City Club Limited, Aryawanso Guruji Bless Kruti Creative Private Limited, Amit Bhosale Developers Pvt Ltd and 4 more | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
| Lalitkumar Kesarimal Jain Also directs: Sukumar Realty LLP, Kumar Builders Project Pune Private Limited, Sukumar Housing and Finance Private Limited and 4 more | Director | 18 Jun 2017 | 9 Years 4 Months | Current |
| Krishnan Lakshminarayan | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Kumar Urban Development Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Chalama Infraproperties Private Limited | ₹291.89 Cr (FY 2025) | 4890.0% | Mumbai, Maharashtra, India | |||
| Kumar Urban Development Private Limitedthis company | ₹291.4 Cr (FY 2024) | ₹196.15 Cr | 67.3% | 32.0% | 37 | Pune, Maharashtra, India |
| Magnite Developers Private Limited | ₹288.65 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Safal Realty Private Limited | ₹288.33 Cr (FY 2017) | -12.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Kumar Urban Development Private Limited, buy the company report.
Auditor
Kumar Urban Development Private Limited is audited by CSSP & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CSSP & Associates | FY 2023 | 127070W |
Shareholding
The shareholding of Kumar Urban Development Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kumar Urban Development Private Limited, buy the company report.
Charges & borrowings
Open charges
₹538.1 Cr
Satisfied charges
₹2,940.94 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2018 | 100224578 | Idbi Trusteeship Services Limited | ₹256.5 Cr | Open | |
| 08 Jan 2015 | 10548591 | Idbi Trusteeship Services Limited | ₹25 Cr | Open | |
| 21 Oct 2013 | 10466147 | Axis Trustee Services Limited | ₹36 Cr | Open | |
| 19 Feb 2013 | 10415488 | Idbi Trusteeship Services Limited | ₹50 Cr | Open | |
| 12 Feb 2013 | 10407014 | Punjab National Bank | ₹5.5 Cr | Open |
To see the full charge records of Kumar Urban Development Private Limited, buy the company report.
Total charge records: 54 View all charges
Deals & funding
Kumar Urban Development Private Limited has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹242.31 Cr; the latest was in December 2019.
Total deals
8
Funding rounds
5
Secondary share transfers
2
Debt financing
1
Disclosed funding
₹242.31 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Debt financing | ₹62.36 Cr | Investors: Reliance Unicorn Enterprises Private Limited, Reliance Capital Ltd |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Rivero Properties & Investments Private Limited Seller: Innovative Insurance Services Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Innovative Insurance Services Limited , 3 individuals Seller: Reliance Capital Ltd , Krutikumar Realty Holdings Private Limited , Kruti Family Trust, an individual |
| Dec 2007 | Funding round | ₹100 Cr | Investors: Reliance Capital Ltd |
| Oct 2006 | Funding round | ₹9 Cr | Investors: 4 individuals |
To see the full deal history of Kumar Urban Development 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
Kumar Urban Development Private Limited has 233 court cases on record: 88 filed by Kumar Urban Development, 145 filed against it. 87 cases are pending and 146 are disposed.
Total cases
233
Filed by the company
88
Filed against the company
145
Pending
87
Disposed
146
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 116 | 72 | 56 |
| High courts | 108 | 69 | 29 |
| Supreme Court | 6 | 3 | 2 |
| NCLT | 3 | 1 | 0 |
Cases on record (5 of 233)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by Bharat Petroleum Corporation Limited | Pending |
| Bombay High Court | Writ petition | Filed against the company by Cubic Turnkey Pvt Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against B P Steel Industries Pvt Ltd and 3 others | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed by the company against Bharat Petroleum Corporation Ltd and 1 other | Pending |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed by the company against Chief Executive Engineer Maharashtra State Road Development Corporation Limited and 3 others | Pending |
To see the full case history of Kumar Urban Development 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
Kumar Urban Development Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 83 overdue payments to 17 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 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Orient Aluminiums Private Limited | |||
| Foundation Engineering Co.-(Mumbai) | |||
| JW Consultants LLP |
To see the full MSME payment records of Kumar Urban Development Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Kumar Urban Development has 13 subsidiary companies and 3 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
13
Subsidiary companies
3
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Kumar Perfumaries Private Limited | U24240MH1991PTC064006 | |
| Kumar Builders Project Pune Private Limited | U45100PN2019PTC181739 | |
| Kul Urban Development Private Limited | U45200PN2008PTC131853 | |
| Kul Urban Development Bengaluru Private Limited | U45200PN2011PTC139693 | |
| Sukumar Machines and Constructions Private Limited | U45202MH1979PTC021962 | |
| Sinew Developers Private Limited | U45202PN1994PTC128486 |
To see the full group structure of Kumar Urban Development Private Limited, buy the company report.
Employees & EPFO
Kumar Urban Development Private Limited has a workforce of 37 employees on its EPFO records as of Jan 08, 2025, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
-15.91%
GST
Kumar Urban Development has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK7659N1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kumar Urban Development Private Limited, buy the company report.
Recent activity
Kumar Urban Development Private Limited has 20 board changes on record since 2002: 5 appointments and 15 cessations. The latest: Kalpesh Jaynarayan Pingle was appointed as Director on 01 Feb 2021.
Charges
A charge registered on 30 Mar 2016 via Charge ID 100070238 with Others was fully satisfied on 05 Feb 2025.
AGM
Kumar Urban Development Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
Filing
Kumar Urban Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 22 Mar 2016 via Charge ID 100020937 with Idbi Trusteeship Services Limited was fully satisfied on 29 Feb 2024.
Charges
A charge registered on 11 Mar 2011 via Charge ID 10270953 with Idbi Trusteeship Services Limited was fully satisfied on 08 Feb 2024.
Charges
A charge registered on 24 Dec 2018 via Charge ID 100224594 with Idbi Trusteeship Services Limited was fully satisfied on 24 Jan 2024.
Charges
A charge registered on 03 Aug 2015 via Charge ID 10593099 with Idbi Trusteeship Services Limited was fully satisfied on 12 Oct 2022.
Charges
A charge registered on 03 Aug 2015 via Charge ID 10593523 with Idbi Trusteeship Services Limited was fully satisfied on 12 Oct 2022.
Charges
A charge registered on 13 Oct 2014 via Charge ID 10532302 with Idbi Trusteeship Services Limited was fully satisfied on 12 Oct 2022.
Charges
A charge registered on 30 Jun 2014 via Charge ID 10517090 with Idbi Trusteeship Services Limited was fully satisfied on 12 Oct 2022.
Appointed
Kalpesh Jaynarayan Pingle was appointed as Director.
Appointed
Vikas Kishor Parmar was appointed as Director.
120 earlier events are in the company report.
Frequently asked questions
Kumar Urban Development 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 25 May 1993 (33+ years old) and is registered under CIN U70101PN1993PTC072139.
Kumar Urban Development has 4 current directors:
- Vikas Kishor Parmar - Director
- Kalpesh Jaynarayan Pingle - Director
- Lalitkumar Kesarimal Jain - Director
- Krishnan Lakshminarayan - Director
The latest financial statements of Kumar Urban Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kumar Urban Development is 27AAACK7659N1ZU, registered in Maharashtra. 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 Kumar Urban Development is U70101PN1993PTC072139. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kumar Urban Development has 233 court cases on record: 88 filed by the company and 145 filed against it. 87 are pending. Most are in the district courts.
Kumar Urban Development was incorporated on 25 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
Kumar Urban Development has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹242.31 Cr; the latest was in December 2019.
The peers of Kumar Urban Development by revenue are Chalama Infraproperties Private Limited, Magnite Developers Private Limited, Safal Realty Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Kalpesh Jaynarayan Pingle was appointed as Director on 01 Feb 2021. Vikas Kishor Parmar was appointed as Director on 01 Feb 2021. Krishnan Lakshminarayan was appointed as Director on 01 Jan 2019. Kumar Urban Development has 20 board changes on record in total.
Yes, Kumar Urban Development is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0103955).
Kumar Urban Development has 7 MSME Form 1 returns on record between 2019 and 2023, listing 83 overdue payments to 17 micro and small suppliers. The latest return was filed on 19 Jun 2023.