Makewell Developers Private Limited
About Makewell Developers Private Limited
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Makewell Developers Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45200MP2008PTC020239. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.47 Cr. It is led by directors Abbas Ali Ali Husain Bandookwala and Saifee Raja.
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 Room No. 302 – 303 Third Floor Sangam House Palasia A. B. Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.01 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.84 Lakh (net margin -31.1%) and EBITDA of ₹2.44 Lakh (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 45% over five years.
As per MCA filings, the company has open charges of ₹9.5 Cr and satisfied charges of ₹12 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Makewell Developers Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressRoom No. 302 – 303 Third Floor Sangam House Palasia A. B. Road, Indore, Madhya Pradesh, India – 452001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Makewell 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 Makewell Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Makewell Developers Private Limited, buy the company report.
Financials of Makewell Developers Private Limited
FY 2025 filings availableMakewell Developers Private Limited reported revenue of ₹22.01 Lakh (up 265% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 265% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 45%. EBITDA rose 197% 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 | ₹2.44 Lakh | ||||
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| Net Profit (PAT) | -₹6.84 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | -31.1% | ||||
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To see the full financial statements and ratios of Makewell Developers Private Limited, buy the company report.
Board of directors of Makewell Developers Private Limited
Makewell Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abbas Ali Ali Husain Bandookwala Also directs: Ras Erection & City Homes Private Limited | Director | 10 Aug 2018 | 8 Years 2 Months | Current |
| Saifee Raja Also directs: Mehid Developers LLP, Mehid Enterprises LLP, Shri Sai Buildinfra Private Limited and 1 more | Director | 22 Jan 2008 | 18 Years 9 Months | Current |
Peer comparison
Makewell Developers Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Mugdha Infrastructures Private Limited | ₹22.03 Lakh (FY 2024) | -66.0% | Bhubaneswar, Odisha, India | |||
| Venugram Infraventures Private Limited | ₹22.03 Lakh (FY 2024) | -66.0% | Belgaum, Karnataka, India | |||
| Makewell Developers Private Limitedthis company | ₹22.01 Lakh (FY 2025) | -₹6.84 Lakh | -31.1% | 265.0% | Indore, Madhya Pradesh, India | |
| Valini Homz Private Limited | ₹22.01 Lakh (FY 2018) | -52.0% | Delhi, India | |||
| Ozone Stones Private Limited | ₹22.01 Lakh (FY 2025) | -35.0% | Ahmedabad, Gujarat, India | |||
| Royalsity Buildcon Private Limited | ₹22 Lakh (FY 2025) | -61.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Makewell Developers Private Limited, buy the company report.
Auditor
Makewell Developers Private Limited is audited by SUBHASH DESHPANDE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBHASH DESHPANDE & CO | FY 2021 | 000476C |
Shareholding
The shareholding of Makewell Developers Private 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 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Makewell Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2013 | 10401563 | Bank of Baroda | ₹9.5 Cr | Open | |
| 21 Nov 2012 | 10388663 | Cent Bank Home Finance Ltd. | ₹7.5 Cr | Satisfied | |
| 15 Oct 2012 | 10382747 | Bank of Baroda | ₹2.5 Cr | Satisfied | |
| 01 Jun 2012 | 10361320 | Bank of India | ₹2 Cr | Satisfied |
To see the full charge records of Makewell Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Makewell 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 Makewell Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Makewell 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 Makewell Developers Private Limited, buy the company report.
Recent activity
Makewell Developers Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Rajeev Shrivastava ceased to be Director on 10 Aug 2019.
5 earlier events are in the company report.
Frequently asked questions
Makewell Developers is an active private limited company based in Indore, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 January 2008 (18+ years old) and is registered under CIN U45200MP2008PTC020239.
Makewell Developers has 2 current directors:
- Abbas Ali Ali Husain Bandookwala - Director
- Saifee Raja - Director
The latest financial statements of Makewell 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. Makewell Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Makewell Developers is U45200MP2008PTC020239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makewell Developers was incorporated on 22 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Makewell Developers by revenue are Mugdha Infrastructures Private Limited, Venugram Infraventures Private Limited, Valini Homz Private Limited, Ozone Stones Private Limited, Royalsity Buildcon Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Rajeev Shrivastava ceased to be Director on 10 Aug 2019. Nemichand Dagaria ceased to be Director on 22 Sep 2018. Abbas Ali Ali Husain Bandookwala was appointed as Director on 10 Aug 2018. Makewell Developers has 6 board changes on record in total.
The registered office of Makewell Developers is at Room No. 302 – 303 Third Floor Sangam House Palasia A. B. Road, Indore, Madhya Pradesh, India – 452001.
Makewell Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Makewell Developers has open charges of ₹9.5 Cr and satisfied charges of ₹12 Cr as per latest MCA filings.