About Mahakali Developers and Resorts Private Limited
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Mahakali Developers and Resorts Private Limited is a private limited company based in Punjab, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70109PB1997PTC020565. Its GSTIN is 03AABCM6353Q1Z6 (Punjab). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors including Rajnish Mahajan and Ashish Mahajan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Scf 50 Leela Bhawan Complex Patiala, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.95 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹2.36 Cr (net margin 14.8%) and EBITDA of ₹4.38 Cr (EBITDA margin 27.5%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
The company has about 12 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Mahakali Developers. As per MCA filings, the company has open charges of ₹19.61 Cr and satisfied charges of ₹304.29 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahakalidevelopers.com.
Company details
Contact details
Mahakali Developers and Resorts Private Limited's registered office is in Punjab. Its website is mahakalidevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressScf 50 Leela Bhawan Complex Patiala, Punjab, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mahakali Developers and Resorts 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
Brands
Mahakali Developers and Resorts operates one associated brand: Mahakali Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops large-scale industrial parks, residential plots, and commercial projects in Delhi and Punjab. | mahakalidevelopers.com |
Business activity
The main business activity of Mahakali Developers and Resorts 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 Mahakali Developers and Resorts Private Limited, buy the company report.
Financials of Mahakali Developers and Resorts Private Limited
FY 2025 filings availableMahakali Developers and Resorts Private Limited reported revenue of ₹15.95 Cr (up 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 53% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 89% 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 | ₹4.38 Cr | ||||
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| Net Profit (PAT) | ₹2.36 Cr | ||||
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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 | 27.5% | ||||
| Net Profit Margin | 14.8% | ||||
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To see the full financial statements and ratios of Mahakali Developers and Resorts Private Limited, buy the company report.
Board of directors of Mahakali Developers and Resorts Private Limited
Mahakali Developers and Resorts has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajnish Mahajan | Director | 29 Sep 2015 | 11 Years 0 Months | Current |
| Ashish Mahajan | Director | 03 Nov 2014 | 11 Years 11 Months | Current |
| Anil Sethi Also directs: Skma Infra LLP, Mahakali Hospitality Private Limited | Director | 08 Oct 1997 | 29 Years 0 Months | Current |
Auditor
Mahakali Developers and Resorts Private Limited is audited by A GOEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A GOEL & ASSOCIATES | FY 2023 | 002743N |
Shareholding
The shareholding of Mahakali Developers and Resorts Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahakali Developers and Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2025 | 101202822 | Others | ₹40 Lakh | Open | |
| 28 Jan 2025 | 101041695 | Others | ₹10.53 Cr | Open | |
| 07 Jan 2025 | 101029820 | Canara Bank | ₹72.55 Lakh | Open | |
| 19 Sep 2024 | 100984669 | Others | ₹15 Lakh | Open | |
| 21 Mar 2023 | 100697809 | Hdfc Bank Limited | ₹11.5 Lakh | Open |
To see the full charge records of Mahakali Developers and Resorts Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Mahakali Developers and Resorts Private Limited has 11 court cases on record: 3 filed by Mahakali Developers and Resorts, 8 filed against it. 6 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 4 |
| District courts | 4 | 4 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amritsar, Punjab | Civil suit | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Tax appeal | Filed against the company by PR Commissioner of Income Tax Patiala | Pending |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Others and 5 others | Pending |
| High Court, PUNJAB | Writ petition | Filed against the company by individuals | Pending |
| District court, Mohali, Punjab | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Mahakali Developers and Resorts 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 Mahakali Developers and Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mahakali Developers and Resorts has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mahakali Elevation Estates Private Limited | U70109DL2021PTC391651 |
To see the full group structure of Mahakali Developers and Resorts Private Limited, buy the company report.
Employees & EPFO
Mahakali Developers and Resorts Private Limited has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Mahakali Developers and Resorts has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCM6353Q1Z6 | Punjab | Active | 01 Jul 2017 |
| 07AABCM6353Q1ZY | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahakali Developers and Resorts Private Limited, buy the company report.
Recent activity
Mahakali Developers and Resorts Private Limited has 8 board changes on record since 1997: 3 appointments and 5 cessations. The latest: Inder Jeet Mahajan ceased to be Director on 01 Apr 2021.
37 earlier events are in the company report.
Frequently asked questions
Mahakali Developers and Resorts is an active private limited company based in Punjab, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 October 1997 (29+ years old) and is registered under CIN U70109PB1997PTC020565.
Mahakali Developers and Resorts has 3 current directors:
- Rajnish Mahajan - Director
- Ashish Mahajan - Director
- Anil Sethi - Director
The latest financial statements of Mahakali Developers and Resorts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahakali Developers and Resorts is 03AABCM6353Q1Z6, registered in Punjab. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 07AABCM6353Q1ZY (Delhi).
The CIN (Corporate Identification Number) of Mahakali Developers and Resorts is U70109PB1997PTC020565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahakali Developers and Resorts has 11 court cases on record: 3 filed by the company and 8 filed against it. 6 are pending. Most are in the high courts.
Mahakali Developers and Resorts was incorporated on 08 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chandigarh.
Inder Jeet Mahajan ceased to be Director on 01 Apr 2021. Sarita Mahajan ceased to be Director on 11 Sep 2018. Ashish Mahajan ceased to be Additional Director on 29 Sep 2015. Mahakali Developers and Resorts has 8 board changes on record in total.
Mahakali Developers and Resorts can be reached through the website mahakalidevelopers.com. Its registered office is in Punjab, India.
The registered office of Mahakali Developers and Resorts is at Scf 50 Leela Bhawan Complex Patiala, Punjab, India.