Mahalunge Land Developers Private Limited
About Mahalunge Land Developers Private Limited
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Mahalunge Land Developers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70109PN2020PTC196288. Its GSTIN is 27AAOCM0551H1ZE (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹50,000. It is led by directors Ashok Dhanraj Chordia and Atul Chordia.
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 Sr. No. 36/1/1 Office No. 701 7th Floor Chordia Group, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2024, the company reported a revenue of ₹150.71 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹12.88 Cr (net margin -8.5%) and EBITDA of ₹139.27 Cr (EBITDA margin 92.4%).
As per MCA filings, the company has open charges of ₹99 Lakh and satisfied charges of ₹1,720 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahalunge Land Developers Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSr. No. 36/1/1 Office No. 701 7th Floor Chordia Group, Pune, Maharashtra, India – 411045
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mahalunge Land 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 Mahalunge Land Developers 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 Mahalunge Land Developers Private Limited, buy the company report.
Financials of Mahalunge Land Developers Private Limited
FY 2024 filings availableMahalunge Land Developers Private Limited reported revenue of ₹150.71 Cr (down 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 49% in the latest year. EBITDA rose 366% in the latest 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 |
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| EBITDA | ₹139.27 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹12.88 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 92.4% | |||
| Net Profit Margin | -8.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Mahalunge Land Developers Private Limited, buy the company report.
Board of directors of Mahalunge Land Developers Private Limited
Mahalunge Land Developers 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 |
|---|---|---|---|---|
| Ashok Dhanraj Chordia | Director | 25 Nov 2020 | 5 Years 11 Months | Current |
| Atul Chordia | Director | 25 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Mahalunge Land Developers Private 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 |
|---|---|---|---|---|---|---|
| Jindal Realty Limited | ₹151.28 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Signature Dwellings Private Limited | ₹150.93 Cr (FY 2025) | -2.0% | Kochi, Kerala, India | |||
| Preca Green Holdings Private Limited | ₹150.89 Cr (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Mahalunge Land Developers Private Limitedthis company | ₹150.71 Cr (FY 2024) | -₹12.88 Cr | -8.5% | -49.0% | Pune, Maharashtra, India | |
| Gulam Mustafa Enterprises Private Limited | ₹150.56 Cr (FY 2021) | 14.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Mahalunge Land Developers Private Limited, buy the company report.
Auditor
Mahalunge Land Developers Private Limited is audited by V.T. & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.T. & Associates | FY 2022 | 110017S |
Shareholding
The shareholding of Mahalunge Land Developers Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mahalunge Land Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2021 | 100503552 | Others | ₹99 Lakh | Open | |
| 15 Nov 2021 | 100509085 | Idbi Trusteeship Services Limited | ₹560 Cr | Satisfied | |
| 15 Nov 2021 | 100509092 | Idbi Trusteeship Services Limited | ₹810 Cr | Satisfied | |
| 30 Jun 2021 | 100462812 | Others | ₹350 Cr | Satisfied |
To see the full charge records of Mahalunge Land Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Mahalunge Land Developers Private Limited has 3 court cases on record: 2 filed by Mahalunge Land Developers, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Kumar Urban Development Private Limited and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Kul Ecoloch One Co.-Operative Housing Society Ltd. Through Vishal Patil and 4 others | Pending |
To see the full case history of Mahalunge Land 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 Mahalunge Land Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahalunge Land Developers Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Mahalunge Land Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM0551H1ZE | Maharashtra | Active | 25 Nov 2020 |
To see the full GST registrations and return filing status of Mahalunge Land Developers Private Limited, buy the company report.
Recent activity
Mahalunge Land Developers Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Nilesh Vilas Palresha ceased to be Additional Director on 04 Sep 2024.
2 earlier events are in the company report.
Frequently asked questions
Mahalunge Land Developers is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 November 2020 (6+ years old) and is registered under CIN U70109PN2020PTC196288.
Mahalunge Land Developers has 2 current directors:
- Ashok Dhanraj Chordia - Director
- Atul Chordia - Director
The latest financial statements of Mahalunge Land Developers 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 FY 2021 are in the company report.
The GSTIN of Mahalunge Land Developers is 27AAOCM0551H1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahalunge Land Developers is U70109PN2020PTC196288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahalunge Land Developers has 3 court cases on record: 2 filed by the company and 1 filed against it. 3 are pending.
Mahalunge Land Developers was incorporated on 25 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mahalunge Land Developers by revenue are Jindal Realty Limited, Signature Dwellings Private Limited, Preca Green Holdings Private Limited, Gulam Mustafa Enterprises Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Nilesh Vilas Palresha ceased to be Additional Director on 04 Sep 2024. Nilesh Vilas Palresha was appointed as Additional Director on 12 Feb 2024. Ashok Dhanraj Chordia was appointed as Director on 25 Nov 2020. Mahalunge Land Developers has 4 board changes on record in total.
The registered office of Mahalunge Land Developers is at Sr. No. 3611 Office No. 701 7th Floor Chordia Group, Pune, Maharashtra, India – 411045.
Mahalunge Land Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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