About Mahaluxmi Buildtech Limited
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Mahaluxmi Buildtech Limited is a public limited company based in New Delhi, Delhi, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 03 January 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15494DL1989PLC034507. Its GSTIN is 09AADCM7320H1ZI (Uttar Pradesh). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹13.65 Cr. It was formerly known as Annpurna Proteins Pvt Ltd and Annpurna Proteins Limited. It is led by directors including Sunil Miglani (Managing Director) and Mahesh Vijay Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 305 Nirmal Towers Barahkhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹302.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.52 Cr (net margin 2.5%) and EBITDA of ₹28.67 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 246% over three years and 98% over five years.
Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹453.72 Cr and satisfied charges of ₹33.64 Cr on record. Court records list 41 cases involving the company, including 14 filed by the company and 27 filed against it; 13 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 migsun.in.
Company details
Name history
Mahaluxmi Buildtech has undergone 4 name changes throughout its history. The current legal name is Mahaluxmi Buildtech Limited.
| Company Name | Status |
|---|---|
| Mahaluxmi Buildtech Limited | Current |
| Annpurna Proteins Pvt Ltd | Previous |
| Annpurna Proteins Limited | Previous |
| Mahalaxmi Buildtech Limited | Previous |
| Annpurna Proteins Ltd | Previous |
Contact details
Mahaluxmi Buildtech Limited's registered office is in New Delhi, Delhi. Its website is migsun.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address305 Nirmal Towers Barahkhamba Road, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Mahaluxmi Buildtech 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 Mahaluxmi Buildtech 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 Mahaluxmi Buildtech Limited, buy the company report.
Financials of Mahaluxmi Buildtech Limited
FY 2024 filings availableMahaluxmi Buildtech Limited reported revenue of ₹302.45 Cr (up 225% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 98% over five years, including 225% growth in the latest year. EBITDA rose 109% 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 | ₹28.67 Cr | ||||
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| Net Profit (PAT) | ₹7.52 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Mahaluxmi Buildtech Limited, buy the company report.
Board of directors of Mahaluxmi Buildtech Limited
Mahaluxmi Buildtech has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Vijay Patel | Director | 03 Jan 2025 | 1 Years 9 Months | Current |
| Rajeshwar Sharma Also directs: SJP Hotels &Resorts Private Limited, Mahaluxmi Realtech Private Limited, Yogiraj Promoters Private Limited and 5 more | Director | 03 Jan 2025 | 1 Years 9 Months | Current |
| Surender Kumar Arora Also directs: Mahaluxmi Buildtech Consortium Private Limited, Migsun Finance Limited, Mahaluxmi Infrahome Private Limited and 5 more | Director | 26 Dec 2019 | 6 Years 10 Months | Current |
| Sunil Miglani | Managing Director | 06 Mar 2000 | 26 Years 7 Months | Current |
Peer comparison
Mahaluxmi Buildtech Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Stellar Ventures Private Limited | ₹308.74 Cr (FY 2025) | 152.0% | New Delhi, Delhi, India | |||
| Parsvnath Developers Limited | ₹303.46 Cr (FY 2025) | -39.0% | Delhi, India | |||
| Indian City Properties Ltd | ₹303.09 Cr (FY 2023) | 698.0% | Kolkata, West Bengal, India | |||
| Mahaluxmi Buildtech Limitedthis company | ₹302.45 Cr (FY 2024) | ₹7.52 Cr | 2.5% | 225.0% | New Delhi, Delhi, India | |
| Nimbus Projects Limited | ₹302.26 Cr (FY 2025) | 147.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mahaluxmi Buildtech Limited, buy the company report.
Auditor
Mahaluxmi Buildtech Limited is audited by Rishi Kapoor & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rishi Kapoor & Company | FY 2023 | 006615C |
Shareholding
The shareholding of Mahaluxmi Buildtech Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahaluxmi Buildtech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2025 | 101190251 | Others | ₹10 Lakh | Open | |
| 03 May 2024 | 100915364 | Others | ₹12 Cr | Open | |
| 20 May 2022 | 100573035 | Others | ₹400 Cr | Open | |
| 26 Apr 2018 | 100172984 | Others | ₹30.5 Cr | Open | |
| 14 Jun 2014 | 10507377 | Oriental Bank of Commerce | ₹10 Cr | Open |
To see the full charge records of Mahaluxmi Buildtech Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Mahaluxmi Buildtech Limited has 41 court cases on record: 14 filed by Mahaluxmi Buildtech, 27 filed against it. 13 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 23 | 5 |
| High courts | 16 | 4 | 8 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Ansal Properties and Infrastructure Limited | Pending |
| District court, North East, Delhi | Interim or miscellaneous application | Filed against the company by M/S Raj Decomats Pvt. Ltd. | Disposed |
| High Court, UTTARAKHAND | Court case (WPMB) | Filed by the company against The State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (Siidcul) | Disposed |
| District court, North East, Delhi | Court case (Civ Suit) | Filed against the company by M/S Raj Decomats Pvt. Ltd. | Disposed |
| Allahabad High Court | Writ petition | Filed against the company | Pending |
To see the full case history of Mahaluxmi Buildtech 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 Mahaluxmi Buildtech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mahaluxmi Buildtech has 3 subsidiary companies and 2 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mahaluxmi Buildtech Consortium Private Limited | U45204DL2011PTC218503 | |
| Mahaluxmi Infrahome Private Limited | U70100DL2014PTC272813 | |
| East View Developers Private Limited | U70101DL2005PTC139846 |
To see the full group structure of Mahaluxmi Buildtech Limited, buy the company report.
GST
Mahaluxmi Buildtech has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCM7320H1ZI | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AADCM7320H3ZG | Uttar Pradesh | Active | 12 Jul 2019 |
To see the full GST registrations and return filing status of Mahaluxmi Buildtech Limited, buy the company report.
Recent activity
Mahaluxmi Buildtech Limited has 11 board changes on record since 2000: 4 appointments and 7 cessations. The latest: Sunil Miglani ceased to be Director on 08 Apr 2025.
34 earlier events are in the company report.
News
Frequently asked questions
Mahaluxmi Buildtech is an active public limited company based in New Delhi, Delhi, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 03 January 1989 (37+ years old) and is registered under CIN U15494DL1989PLC034507.
Mahaluxmi Buildtech has 4 current directors:
- Sunil Miglani - Managing Director
- Mahesh Vijay Patel - Director
- Rajeshwar Sharma - Director
- Surender Kumar Arora - Director
The latest financial statements of Mahaluxmi Buildtech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahaluxmi Buildtech is 09AADCM7320H1ZI, registered in Uttar Pradesh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 09AADCM7320H3ZG (Uttar Pradesh).
The CIN (Corporate Identification Number) of Mahaluxmi Buildtech is U15494DL1989PLC034507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahaluxmi Buildtech has 41 court cases on record: 14 filed by the company and 27 filed against it. 13 are pending. Most are in the district courts.
Mahaluxmi Buildtech was incorporated on 03 January 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mahaluxmi Buildtech by revenue are Stellar Ventures Private Limited, Parsvnath Developers Limited, Indian City Properties Ltd, Nimbus Projects Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Sunil Miglani ceased to be Director on 08 Apr 2025. Abhishek Sharma ceased to be Director on 20 Mar 2025. Mahesh Vijay Patel was appointed as Director on 03 Jan 2025. Mahaluxmi Buildtech has 11 board changes on record in total.
Mahaluxmi Buildtech can be reached through the website migsun.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Mahaluxmi Buildtech is at 305 Nirmal Towers Barahkhamba Road, New Delhi, Delhi, India – 110001.