
Maa Narmada Developers Private Limited
About Maa Narmada Developers Private Limited
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Maa Narmada Developers Private Limited is a private limited company based in Sendhwa, Madhya Pradesh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 08 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45201MP2005PTC017693.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹91.5 Lakh. It is led by directors including Satish Goyal and Anand Bihari Maheshwari.
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 In Front Of Telephone Exchange A.B. Road, Sendhwa, Madhya Pradesh, India – 451666.
As per the financials filed for FY 2025, the company reported a revenue of ₹13,537, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹14.64 Lakh and EBITDA of -₹2.19 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 3% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maa Narmada Developers Private Limited's registered office is in Sendhwa, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIn Front Of Telephone Exchange A.B. Road, Sendhwa, Madhya Pradesh, India – 451666
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Maa Narmada 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 Maa Narmada Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Maa Narmada Developers Private Limited, buy the company report.
Financials of Maa Narmada Developers Private Limited
FY 2025 filings availableMaa Narmada Developers Private Limited reported revenue of ₹13,537 (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 99% fall in the latest year. EBITDA fell 150% 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 | -₹2.19 Lakh | ||||
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| Net Profit (PAT) | -₹14.64 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Maa Narmada Developers Private Limited, buy the company report.
Board of directors of Maa Narmada Developers Private Limited
Maa Narmada 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 |
|---|---|---|---|---|
| Satish Goyal | Director | 27 Aug 2008 | 18 Years 2 Months | Current |
| Anand Bihari Maheshwari | Director | 27 Aug 2008 | 18 Years 2 Months | Current |
| Ajay Jhawar | Director | 08 Jun 2005 | 21 Years 5 Months | Current |
Peer comparison
Maa Narmada Developers Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhankiran Commotrade Private Limited | ₹13,780 (FY 2021) | 51.0% | Kolkata, West Bengal, India | |||
| Absm Infrabuild Private Limited | ₹13,700 (FY 2025) | -30.0% | Delhi, India | |||
| Fitworth Dealtrade Private Limited | ₹13,550 (FY 2025) | 7.0% | Howrah, West Bengal, India | |||
| Maa Narmada Developers Private Limitedthis company | ₹13,537 (FY 2025) | -₹14.64 Lakh | -99.0% | Sendhwa, Madhya Pradesh, India | ||
| Gopal Space Organiser Private Limited | ₹13,500 (FY 2023) | -76.0% | Ahmedabad, Gujarat, India | |||
| Sinewy Buildwell Private Limited | ₹13,500 (FY 2024) | -5.0% | New Delhi, Delhi, India | |||
| Sri Khodiar Educational Academy Private Limited | ₹13,500 (FY 2019) | -39.0% | Mumbai, Maharashtra, India | |||
| Mihir Infraprojects and Estates Private Limited | ₹13,300 (FY 2019) | -45.0% | Mumbai, Maharashtra, India | |||
| Chaturbhuj Citydevelopers Private Limited | ₹13,261 (FY 2018) | -48.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Maa Narmada Developers Private Limited, buy the company report.
Auditor
Maa Narmada Developers Private Limited is audited by Ayush Biyani & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ayush Biyani & Co. | FY 2017 | 430734 |
Shareholding
The shareholding of Maa Narmada Developers 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 Narmada Developers Private Limited, buy the company report.
Legal cases
Maa Narmada Developers Private Limited has 1 court case on record: 1 filed by Maa Narmada Developers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Barwani, Madhya Pradesh | Court case (RCA) | Filed by the company against Collector Through State of M.P. | Disposed |
To see the full case history of Maa Narmada 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 Maa Narmada 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 Maa Narmada Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Maa Narmada Developers Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Shrikant Goyal ceased to be Director on 23 Aug 2022.
Frequently asked questions
Maa Narmada Developers is an active private limited company based in Sendhwa, Madhya Pradesh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 08 June 2005 (21+ years old) and is registered under CIN U45201MP2005PTC017693.
Maa Narmada Developers has 3 current directors:
- Satish Goyal - Director
- Anand Bihari Maheshwari - Director
- Ajay Jhawar - Director
The latest financial statements of Maa Narmada Developers 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 CIN (Corporate Identification Number) of Maa Narmada Developers is U45201MP2005PTC017693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maa Narmada Developers has 1 court case on record: 1 filed by the company.
Maa Narmada Developers was incorporated on 08 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Maa Narmada Developers by revenue are Dhankiran Commotrade Private Limited, Absm Infrabuild Private Limited, Fitworth Dealtrade Private Limited, Gopal Space Organiser Private Limited, Sinewy Buildwell Private Limited and 3 more, all in the same principal business activity (real estate activities on fee or contract basis).
Shrikant Goyal ceased to be Director on 23 Aug 2022. Aparna Jhawar ceased to be Director on 20 Jul 2019. Anand Bihari Maheshwari was appointed as Director on 27 Aug 2008. Maa Narmada Developers has 5 board changes on record in total.
The registered office of Maa Narmada Developers is at In Front Of Telephone Exchange A.B. Road, Sendhwa, Madhya Pradesh, India – 451666.
Maa Narmada Developers operates in the real estate industry, in the real estate leasing segment.
The compliance status of Maa Narmada Developers is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.

