Maa Karni Devcon Private Limited
About Maa Karni Devcon Private Limited
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Maa Karni Devcon Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 01 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70101MP2012PTC029476. Its GSTIN is 23AAICM3460H1ZM (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijay Kumawat and Pannalal Kumawat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 36 – A Shraddha Shree Colony, Indore, Madhya Pradesh, India – 452008.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.87 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹19.02 Lakh (net margin 4.9%) and EBITDA of ₹38.53 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maa Karni Devcon Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address36 – A Shraddha Shree Colony, Indore, Madhya Pradesh, India – 452008
- IndustryReal Estate, Real Estate Leasing, Contractual Work
To see the full contact details of Maa Karni Devcon 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 Maa Karni Devcon 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 Maa Karni Devcon Private Limited, buy the company report.
Financials of Maa Karni Devcon Private Limited
FY 2025 filings availableMaa Karni Devcon Private Limited reported revenue of ₹3.87 Cr (up 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over three years, including 70% growth in the latest year. EBITDA rose 141% 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 | ₹38.53 Lakh | ||||
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| Net Profit (PAT) | ₹19.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 10% | ||||
| Net Profit Margin | 4.9% | ||||
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To see the full financial statements and ratios of Maa Karni Devcon Private Limited, buy the company report.
Board of directors of Maa Karni Devcon Private Limited
Maa Karni Devcon has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumawat | Director | 01 Nov 2012 | 14 Years 0 Months | Current |
| Pannalal Kumawat | Director | 30 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Maa Karni Devcon Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creative Structures & Developers Private Limited | ₹3.88 Cr (FY 2025) | 142.0% | Guwahati, Assam, India | |||
| Neeladri Smart Homes Private Limited | ₹3.88 Cr (FY 2018) | 1977.0% | Bangalore, Karnataka, India | |||
| Atharva Realinfra India Private Limited | ₹3.88 Cr (FY 2024) | -14.0% | Raipur, Chhattisgarh, India | |||
| Aryan Developers and Realtors Private Limited | ₹3.87 Cr (FY 2024) | 26.0% | Ranchi, Jharkhand, India | |||
| Skyron Infra Private Limited | ₹3.87 Cr (FY 2023) | 1999.0% | Panvel, Maharashtra, India | |||
| Maa Karni Devcon Private Limitedthis company | ₹3.87 Cr (FY 2025) | ₹19.02 Lakh | 4.9% | 70.0% | Indore, Madhya Pradesh, India | |
| RMZ Infotech Private Limited | ₹3.87 Cr (FY 2023) | 1277.0% | Bangalore, Karnataka, India | |||
| Kamla Infratech Engineering Private Limited | ₹3.87 Cr (FY 2016) | -52.0% | Lucknow, Uttar Pradesh, India | |||
| SBP Housing Private Limited | ₹3.87 Cr (FY 2024) | 453.0% | Kharar, Punjab, India | |||
| Arihant Mahima Infradevelopers Private Limited | ₹3.87 Cr (FY 2024) | 0.0% | Alwar, Rajasthan, India | |||
| Era Colonizers Promoters and Developers India Private Limited | ₹3.87 Cr (FY 2024) | 39.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Maa Karni Devcon Private Limited, buy the company report.
Auditor
Maa Karni Devcon Private Limited is audited by MAHENDRAKUMARSHAH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHENDRAKUMARSHAH | FY 2017 | 071199 |
Shareholding
The shareholding of Maa Karni Devcon Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maa Karni Devcon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maa Karni Devcon Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maa Karni Devcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maa Karni Devcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICM3460H1ZM | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maa Karni Devcon Private Limited, buy the company report.
Recent activity
Maa Karni Devcon Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Kartik Kumawat ceased to be Director on 05 Feb 2024.
Frequently asked questions
Maa Karni Devcon is an active private limited company based in Indore, Madhya Pradesh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 01 November 2012 (14+ years old) and is registered under CIN U70101MP2012PTC029476.
Maa Karni Devcon has 2 current directors:
- Vijay Kumawat - Director
- Pannalal Kumawat - Director
The latest financial statements of Maa Karni Devcon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maa Karni Devcon is 23AAICM3460H1ZM, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Maa Karni Devcon is U70101MP2012PTC029476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maa Karni Devcon was incorporated on 01 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Maa Karni Devcon by revenue are Creative Structures & Developers Private Limited, Neeladri Smart Homes Private Limited, Atharva Realinfra India Private Limited, Aryan Developers and Realtors Private Limited, Skyron Infra Private Limited and 5 more, all in the same principal business activity (buildings).
Kartik Kumawat ceased to be Director on 05 Feb 2024. Pannalal Kumawat was appointed as Director on 30 Jan 2024. Vijay Kumawat was appointed as Director on 01 Nov 2012.
The registered office of Maa Karni Devcon is at 36 – A Shraddha Shree Colony, Indore, Madhya Pradesh, India – 452008.
Maa Karni Devcon operates in the real estate industry, in the real estate leasing segment.
The compliance status of Maa Karni Devcon is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.
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