Kushal Multi Developers Private Limited
About Kushal Multi Developers Private Limited
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Kushal Multi Developers Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 17 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70109PB2011PTC035653.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹7.5 Lakh. It was formerly known as Futureperfect Developers Private Limited. It is led by directors including Ram Rachhpal Kakkar and Manav Kakar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 189 – C Rajguru Nagar, Ludhiana, Punjab, India – 141002.
As per the financials filed for FY 2022, the company reported a revenue of ₹81.87 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹24.91 Lakh (net margin 30.4%) and EBITDA of ₹26.27 Lakh (EBITDA margin 32.1%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Kushal Multi Developers Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address189 – C Rajguru Nagar, Ludhiana, Punjab, India – 141002
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Kushal Multi 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 Kushal Multi 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 Kushal Multi Developers Private Limited, buy the company report.
Financials of Kushal Multi Developers Private Limited
FY 2022 filings availableKushal Multi Developers Private Limited reported revenue of ₹81.87 Lakh (down 82% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years, including a 82% fall in the latest year. EBITDA fell 84% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹26.27 Lakh | ||||
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| Net Profit (PAT) | ₹24.91 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 32.1% | ||||
| Net Profit Margin | 30.4% | ||||
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To see the full financial statements and ratios of Kushal Multi Developers Private Limited, buy the company report.
Board of directors of Kushal Multi Developers Private Limited
Kushal Multi Developers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Rachhpal Kakkar | Director | 21 Apr 2015 | 11 Years 6 Months | Current |
| Manav Kakar | Director | 17 Nov 2011 | 14 Years 11 Months | Current |
| Renu Kakar | Director | 17 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
Kushal Multi Developers 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 (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 |
|---|---|---|---|---|---|---|
| Kushal Multi Developers Private Limitedthis company | ₹81.87 Lakh (FY 2022) | ₹24.91 Lakh | 30.4% | -82.0% | Ludhiana, Punjab, India | |
| Acyumen Housing Private Limited | ₹81.86 Lakh (FY 2025) | 179415.0% | Kolkata, West Bengal, India | |||
| Baladeva Awasan Private Limited | ₹81.84 Lakh (FY 2025) | 163579.0% | Kolkata, West Bengal, India | |||
| Hargun Apparels Private Limited | ₹81.77 Lakh (FY 2025) | 241.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kushal Multi Developers Private Limited, buy the company report.
Shareholding
The shareholding of Kushal Multi Developers Private Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Kushal Multi Developers Private Limited, buy the company report.
Legal cases
Kushal Multi Developers Private Limited has 10 court cases on record: 4 filed by Kushal Multi Developers, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by HDFC Bank | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Maharishi Ayurveda Products Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against Maharishi Ayurveda Products Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Kushal Multi 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 Kushal Multi Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Kushal Multi Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kushal Multi Developers Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Ram Rachhpal Kakkar ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Kushal Multi Developers is an active private limited company based in Ludhiana, Punjab, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 17 November 2011 (15+ years old) and is registered under CIN U70109PB2011PTC035653.
Kushal Multi Developers has 3 current directors:
- Ram Rachhpal Kakkar - Director
- Manav Kakar - Director
- Renu Kakar - Director
The latest financial statements of Kushal Multi Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kushal Multi Developers is U70109PB2011PTC035653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kushal Multi Developers has 10 court cases on record: 4 filed by the company and 6 filed against it.
Kushal Multi Developers was incorporated on 17 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Kushal Multi Developers by revenue are Acyumen Housing Private Limited, Baladeva Awasan Private Limited, Hargun Apparels Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Ram Rachhpal Kakkar ceased to be Additional Director on 30 Sep 2015. Ram Rachhpal Kakkar was appointed as Director on 21 Apr 2015. Kushal Kakar ceased to be Director on 12 May 2012. Kushal Multi Developers has 5 board changes on record in total.
The registered office of Kushal Multi Developers is at 189 – C Rajguru Nagar, Ludhiana, Punjab, India – 141002.
Kushal Multi Developers operates in the real estate industry, in the real estate leasing segment.
The compliance status of Kushal Multi Developers is active non-compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
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