Madaan Classic Developers Pvt Ltd
About Madaan Classic Developers Pvt Ltd
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Madaan Classic Developers Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the building construction segment of the construction sector. It was incorporated on 19 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U32204MP1996PTC010403. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.27 Lakh. It is led by directors including Aakarshit Madaan and Naveen Madaan.
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 F – 1 Chetak Arch 7 M G Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.19 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹50.79 Lakh and EBITDA of -₹4.16 Lakh (EBITDA margin -50.8%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹87 Lakh and satisfied charges of ₹74.5 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Madaan Classic Developers Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 1 Chetak Arch 7 M G Road, Indore, Madhya Pradesh, India – 452001
- IndustryConstruction, Buildings
To see the full contact details of Madaan Classic Developers Pvt Ltd, 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
Financials of Madaan Classic Developers Pvt Ltd
FY 2025 filings availableMadaan Classic Developers Pvt Ltd reported revenue of ₹8.19 Lakh (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 5% growth in the latest year. EBITDA rose 50% 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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| EBITDA | -₹4.16 Lakh | ||||
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| Net Profit (PAT) | -₹50.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -50.8% | ||||
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To see the full financial statements and ratios of Madaan Classic Developers Pvt Ltd, buy the company report.
Board of directors of Madaan Classic Developers Pvt Ltd
Madaan Classic Developers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aakarshit Madaan Also directs: Innovate Realty Partners LLP, Punjabi Welfare Foundation, Aakarshit Ice and Cold Storage Private Limited and 1 more | Director | 02 Jan 2024 | 2 Years 10 Months | Current |
| Naveen Madaan | Director | 08 Oct 2020 | 6 Years 1 Months | Current |
| Rajeshwar Nath Gurjar Also directs: Motel Rahans Private Limited, Guniaa Fashions Private Limited, Aakarshit Ice and Cold Storage Private Limited and 2 more | Director | 27 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Madaan Classic Developers Pvt Ltd is audited by PK SHISHODIYA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PK SHISHODIYA & CO. | FY 2017 | 03233C |
Shareholding
The shareholding of Madaan Classic Developers Pvt Ltd 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 Madaan Classic Developers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2017 | 100185773 | Others | ₹25 Lakh | Open | |
| 04 Oct 2017 | 100129145 | Others | ₹50 Lakh | Open | |
| 02 Sep 2009 | 10174743 | Jammu & Kashmir Bank Ltd. | ₹12 Lakh | Open | |
| 25 Nov 2004 | 90210684 | State Bank of India | ₹70 Lakh | Satisfied | |
| 04 May 1996 | 90203212 | Canara Bank | ₹4.5 Lakh | Satisfied |
To see the full charge records of Madaan Classic Developers Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Madaan Classic Developers Pvt Ltd has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, North West, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Madaan Classic Developers Pvt Ltd, 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 Madaan Classic Developers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madaan Classic Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Madaan Classic Developers Pvt Ltd, buy the company report.
Recent activity
Madaan Classic Developers Pvt Ltd has 5 board changes on record since 1996: 4 appointments and 1 cessation. The latest: Aakarshit Madaan was appointed as Director on 02 Jan 2024.
3 earlier events are in the company report.
Frequently asked questions
Madaan Classic Developers is an active private limited company based in Indore, Madhya Pradesh, India. The company works in buildings, within the construction industry. It was incorporated on 19 January 1996 (30+ years old) and is registered under CIN U32204MP1996PTC010403.
Madaan Classic Developers has 3 current directors:
- Aakarshit Madaan - Director
- Naveen Madaan - Director
- Rajeshwar Nath Gurjar - Director
The latest financial statements of Madaan Classic 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.
No. Madaan Classic Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Madaan Classic Developers is U32204MP1996PTC010403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madaan Classic Developers has 2 court cases on record: 2 filed against it. 1 is pending.
Madaan Classic Developers was incorporated on 19 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Gwalior.
Aakarshit Madaan was appointed as Director on 02 Jan 2024. Mangal Sain Madaan ceased to be Director on 27 Apr 2022. Rajeshwar Nath Gurjar was appointed as Director on 27 Apr 2022. Madaan Classic Developers has 5 board changes on record in total.
The registered office of Madaan Classic Developers is at F – 1 Chetak Arch 7 M G Road, Indore, Madhya Pradesh, India – 452001.
Madaan Classic Developers operates in the construction industry, in the buildings segment.
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