Manar Developers Private Limited

Manar Developers Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U70200KA2004PTC034996 Incorporated 09 November 2004 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company real estate and construction
Data last updated
Revenue · FY 2024
₹1.64 Cr
▲ 12% YoY
Net profit · FY 2024
₹31.86 Lakh
Net margin 19.4%
EBITDA · FY 2024
₹57.41 Lakh
EBITDA margin 34.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹2.85 Cr
Satisfied ₹30 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
8
Provident fund records

About Manar Developers Private Limited

Data last updated:

Manar Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 November 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2004PTC034996. Its GSTIN is 29AAECM3177B1ZK (Karnataka).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Mohamed Mahaboob Khan Durrani (Managing Director) and Shaheda Durrani.

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 No. 1090/I 2nd Floor 18th Cross 3rd Sector Hsr Layout, Bangalore, Karnataka, India – 560102.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.64 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹31.86 Lakh (net margin 19.4%) and EBITDA of ₹57.41 Lakh (EBITDA margin 34.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 69% over five years.

The company has about 8 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Manardevelopers. As per MCA filings, the company has open charges of ₹2.85 Cr and satisfied charges of ₹30 Cr on record. Court records list 31 cases involving the company, including 4 filed by the company and 19 filed against it; 3 cases are pending.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website manardevelopers.com.

Company Details of Manar Developers Private Limited
CIN U70200KA2004PTC034996
Registration Number 034996
Incorporation Date 09 November 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No. 1090/I 2nd Floor 18th Cross 3rd Sector Hsr Layout, Bangalore, Karnataka, India – 560102
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
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Financials, compliance, directors, charges, ownership and filings for Manar Developers Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Manar Developers Private Limited

The main business activity of Manar Developers is construction. In detail, this covers buildings.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF1BuildingsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Manar Developers Private Limited FY 2025 filings available

Manar Developers Private Limited reported revenue of ₹1.64 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹1.64 Cr ▲ 12%
Net profit · FY 2024
₹31.86 Lakh margin 19.4%
EBITDA · FY 2024
₹57.41 Lakh margin 34.9%

Compounded Annual Growth Rate (CAGR) of Manar Developers Private Limited

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 12%
5 years · compounded
▲ 69%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 16%
5 years · compounded
▲ 71%

Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 12% growth in the latest year. EBITDA fell 3% 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 of Manar Developers Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹57.41 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹31.86 Lakh••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Manar Developers Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin34.9%••••••••••••••••
Net Profit Margin19.4%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Manar Developers are in the company report.

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Financial statements from 2015

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Peer Comparison of Manar Developers Private Limited

Manar Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Varda Estate & Properties Private Limited••••••••••••••••-Lucknow, Uttar Pradesh, India
Shri Hara Developers Private Limited••••••••••••••••-Secunderabad, Telangana, India
Modern Regency Projects Private Limited••••••••••••••••-Bangalore, Karnataka, India
Bengal Kyal Housing Development Limited••••••••••••••••-Kolkata, West Bengal, India
Manar Developers Private Limited this company••••••••••••••••-Bangalore, Karnataka, India
Aesha Infrastructure Private Limited••••••••••••••••-Vadodara, Gujarat, India
White Lotus Lifescapes Private Limited••••••••••••••••-Bangalore, Karnataka, India
Kunal Food Products Private Limited••••••••••••••••-Rajendra Place, Delhi, India
Aarohi Constructions Private Limited••••••••••••••••-Uttar Pradesh, India
Zodiac Ventures Limited Listed••••••••••••••••-Mumbai, Maharashtra, India
Arihant Estates Private Limited••••••••••••••••-Mumbi, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Manar Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Manar Developers Private Limited

Manar Developers Private Limited is audited by MOHAMED SALEEM & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
MOHAMED SALEEM & COLockedLockedLocked
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Board of Directors of Manar Developers Private Limited

Manar Developers has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Shaheda DurraniDirector09 Nov 200421 Years 10 MonthsCurrent
Mohamed Mahaboob Khan DurraniManaging Director09 Nov 200421 Years 10 MonthsCurrent
Shams Tabrez Khan MohammedAdditional Director10 Apr 20233 Years 5 MonthsCurrent

Ownership and Shareholding of Manar Developers Private Limited

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Charges & Borrowings of Manar Developers Private Limited

Open charges
₹2.85 Cr
Satisfied charges
₹30 Cr
Breakdown by lending institutions
Pnb Housing Finance Limited₹2.65 Cr
Indian Bank₹0.20 Cr
Latest charge details
DateLenderAmountStatus
06 Feb 2014Indian Bank₹9.9 LakhOpen
05 Feb 2014Indian Bank₹9.9 LakhOpen
09 Jan 2014Pnb Housing Finance Limited₹2.65 CrOpen
26 Feb 2015Others₹30 CrSatisfied

Total charge records: 4 View all charges

Associated Brands with Manar Developers Private Limited

Manar Developers operates one associated brand: Manardevelopers. Each brand links to its own profile.

Employees and EPFO Compliance at Manar Developers Private Limited

Manar Developers Private Limited has a workforce of 8 employees as of Apr 05, 2024.

Employee count
8
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Manar Developers Private Limited

Manar Developers Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Shams Tabrez Khan Mohammed was appointed as Additional Director on 10 Apr 2023.

AGM
Manar Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Manar Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 26 Feb 2015 via Charge ID 10556600 with Others was fully satisfied on 01 Mar 2024.
Appointed
Shams Tabrez Khan Mohammed was appointed as Additional Director.
Charges
A charge with Others of Rs. 3,000.00 Lakh registered on 26 Feb 2015 with Charge ID 10556600 was modified on 10 Jan 2023.
Charges
A charge with Others amounted to Rs. 3,000.00 Lakh with Charge ID 10556600 was registered on 26 Feb 2015.
Charges
A charge with Indian Bank amounted to Rs. 9.90 Lakh with Charge ID 10483529 was registered on 06 Feb 2014.
Charges
A charge with Indian Bank amounted to Rs. 9.90 Lakh with Charge ID 10483522 was registered on 05 Feb 2014.
Charges
A charge with Pnb Housing Finance Limited amounted to Rs. 265.00 Lakh with Charge ID 10469892 was registered on 09 Jan 2014.
Appointed
Mohamed Mahaboob Khan Durrani was appointed as Managing Director.
Appointed
Shaheda Durrani was appointed as Director.
Incorporation
09 Nov 2004
Manar Developers Private Limited was registered on 09 Nov 2004 with Roc Bangalore & aged 21 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Manar Developers Private Limited

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MSME Payment Delays by Manar Developers Private Limited

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Subsidiaries & Group Companies of Manar Developers Private Limited

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GST Compliance of Manar Developers Private Limited

Manar Developers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECM3177B1ZKKarnatakaActive01 Jul 2017
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MCA Filings & Documents of Manar Developers Private Limited

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Frequently Asked Questions about Manar Developers Private Limited

Manar Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 November 2004 (22+ years old) and is registered under CIN U70200KA2004PTC034996.

Manar Developers reported revenue of ₹1.64 Cr for FY 2024 (up 12% YoY).

Manar Developers has 3 current directors:

Manar Developers reported a net profit of ₹31.86 Lakh (net margin 19.4%) and EBITDA of ₹57.41 Lakh (EBITDA margin 34.9%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Manar Developers is -12% over three years and 69% over five years. In the latest year (FY 2024) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Manar Developers is 29AAECM3177B1ZK, registered in Karnataka.

The CIN (Corporate Identification Number) of Manar Developers is U70200KA2004PTC034996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Manar Developers has 31 court cases on record: 4 filed by the company and 19 filed against it. 3 are pending. Most are in the district courts.

Manar Developers was incorporated on 09 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Manar Developers by revenue are Varda Estate & Properties Private Limited, Shri Hara Developers Private Limited, Modern Regency Projects Private Limited, Bengal Kyal Housing Development Limited, Aesha Infrastructure Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).

Shams Tabrez Khan Mohammed was appointed as Additional Director on 10 Apr 2023. Mohamed Mahaboob Khan Durrani was appointed as Managing Director on 09 Nov 2004. Shaheda Durrani was appointed as Director on 09 Nov 2004.

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