Mahanadi Developers Private Limited
About Mahanadi Developers Private Limited
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Mahanadi Developers Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45202OR1996PTC004301.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹1.27 Lakh. It is led by directors including Ankita Goenka and Sreenita Goenka.
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 Cantonment Road, Cuttack, Odisha, India – 753008.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.11 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Lakh (net margin 30.2%) and EBITDA of ₹2.49 Lakh (EBITDA margin 40.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹2.17 Cr and satisfied charges of ₹1.49 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahanadi Developers Private Limited's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCantonment Road, Cuttack, Odisha, India – 753008
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mahanadi 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
Financials of Mahanadi Developers Private Limited
FY 2025 filings availableMahanadi Developers Private Limited reported revenue of ₹6.11 Lakh (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 27% growth in the latest year. EBITDA rose 63% 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 | ₹2.49 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.84 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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| Profitability | |||||
| EBITDA Margin | 40.8% | ||||
| Net Profit Margin | 30.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mahanadi Developers Private Limited, buy the company report.
Board of directors of Mahanadi Developers Private Limited
Mahanadi Developers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankita Goenka Also directs: Mahanadi Investments and Properties Private Limited | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Sreenita Goenka Also directs: Mahanadi Investments and Properties Private Limited | Director | 25 Aug 2021 | 5 Years 2 Months | Current |
| Raghav Goenka Also directs: Mahanadi Investments and Properties Private Limited | Director | 24 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Mahanadi Developers Private Limited is compared with the 6 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mrigashish Properties Private Limited | ₹6.11 Lakh (FY 2019) | 2.0% | Mumbai, Maharashtra, India | |||
| Calista Developers & Manufacturer Private Limited | ₹6.11 Lakh (FY 2024) | Ranchi, Jharkhand, India | ||||
| Berka Constructions Private Limited | ₹6.11 Lakh (FY 2025) | Kasaragod, Kerala, India | ||||
| Mahanadi Developers Private Limitedthis company | ₹6.11 Lakh (FY 2024) | ₹1.84 Lakh | 30.2% | 27.0% | Cuttack, Odisha, India | |
| Prideco Commercial Projects Private Limited | ₹6.1 Lakh (FY 2025) | 2.0% | Varanasi, Uttar Pradesh, India | |||
| 3Aces Enterprises Private Limited | ₹6.1 Lakh (FY 2025) | -50.0% | Noida, Uttar Pradesh, India | |||
| Prosperity Nirman Private Limited | ₹6.1 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mahanadi Developers Private Limited, buy the company report.
Auditor
Mahanadi Developers Private Limited is audited by M P MUNDHRA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M P MUNDHRA & CO | FY 2022 | 326998E |
Shareholding
The shareholding of Mahanadi Developers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahanadi Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2014 | 10628491 | Idbi Bank Limited | ₹2.02 Cr | Open | |
| 13 Oct 2006 | 10023056 | State Bank of India | ₹15 Lakh | Open | |
| 09 Feb 2009 | 10145351 | State Bank of India | ₹1.49 Cr | Satisfied |
To see the full charge records of Mahanadi Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Mahanadi Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahanadi 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 Mahanadi Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mahanadi Developers Private Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Raghav Goenka ceased to be Additional Director on 30 Sep 2022.
5 earlier events are in the company report.
Frequently asked questions
Mahanadi Developers is an active private limited company based in Cuttack, Odisha, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 January 1996 (30+ years old) and is registered under CIN U45202OR1996PTC004301.
Mahanadi Developers has 3 current directors:
- Ankita Goenka - Director
- Sreenita Goenka - Director
- Raghav Goenka - Director
The latest financial statements of Mahanadi 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 Mahanadi Developers is U45202OR1996PTC004301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahanadi Developers was incorporated on 12 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Mahanadi Developers by revenue are Mrigashish Properties Private Limited, Calista Developers & Manufacturer Private Limited, Berka Constructions Private Limited, Prideco Commercial Projects Private Limited, 3Aces Enterprises Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Raghav Goenka ceased to be Additional Director on 30 Sep 2022. Raghav Goenka was appointed as Director on 24 May 2022. Umesh Kumar Goenka ceased to be Additional Director on 30 Nov 2021. Mahanadi Developers has 8 board changes on record in total.
The registered office of Mahanadi Developers is at Cantonment Road, Cuttack, Odisha, India – 753008.
Mahanadi Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Mahanadi Developers has open charges of ₹2.17 Cr and satisfied charges of ₹1.49 Cr as per latest MCA filings.
The compliance status of Mahanadi Developers is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.
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