About Manas Properties Limited
Data last updated:
Manas Properties Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Dev Land & Housing Private Limited. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 02 November 2004, the company has been in operation for over 22 years.
Registered with ROC Mumbai under CIN L70100MH2004PLC149362. Listed on BSE: 540402.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.16 Cr. Formerly known as Manas Properties Private Limited. It is led by directors including Vijay Thakordas Thakkar and Dev Vijay Thakkar.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 10Th Floor Dev Plaza Opp. Andheri Fire Station S. V. Road Andheri (West), Mumbai, Maharashtra, India – 400058.
The net worth stands at ₹142.66 Cr (up 28.63% YoY). Total assets are valued at ₹163.81 Cr (up 24.04% YoY).
It operates as a subsidiary of Dev Land & Housing Private Limited.
The company is associated with 1 brand - Manas Properties. As per MCA filings, the company has satisfied charges of ₹116.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manasproperties.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address10Th Floor Dev Plaza Opp. Andheri Fire Station S. V. Road Andheri (West), Mumbai, Maharashtra, India – 400058
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Manas Properties
Manas Properties has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70100MH2004PLC149362, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70100MH2004PLC149362 | Current |
| U70100MH2004PLC149362 | Previous |
| U70100MH2004PTC149362 | Previous |
Associated Brands with Manas Properties
Manas Properties operates one associated brand: Manas Properties. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development and leasing services are provided in India. | manasproperties.co.in |
Competitors & Alternatives of Manas Properties
Brands and companies operating in the same space as Manas Properties Limited include Knight Frank, RE/MAX, IMCL and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Knight Frank | Provider of brokerage services for selling of residential & commercial properties | Mumbai, India, India | 1896 |
 RE/MAX | Global brokerage services are facilitated through a franchised agent network. | Denver, United States, United States | 1973 |
 IMCL | Real estate sales, leasing advisory, and loan assistance are offered. | Delhi, India, India | 1991 |
 House of Hiranandani | Develops innovative residential and commercial properties using advanced technologies. | Mumbai, India, India | 2005 |
 Khed City | Provides industrial plots and SEZ services for business setup in Pune, India. | Pune, India, India | 2010 |
 Corolla Realty | Brokerage services for residential and commercial property transactions are provided. | Pune, India, India | 2006 |
Business Activity of Manas Properties
The main business activity of Manas Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for Manas Properties Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Manas Properties
Manas Properties Limited is audited by R. I. JAIN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. I. JAIN & CO | Locked | Locked | Locked |
Complete auditor history for Manas Properties Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Manas Properties Limited
Manas Properties has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Thakordas Thakkar | Director | 18 Nov 2004 | 21 Years 10 Months | Current |
| Dev Vijay Thakkar | Managing Director | 14 Jan 2017 | 9 Years 8 Months | Current |
| Madhuriben Thakurdas Thakkar Also directs: Videv Realtors Private Limited | Director | 01 Oct 2008 | 18 Years 0 Months | Current |
| Sony Keishing Also directs: Shivam Dev Infracon Private Limited, Nuevo Homes Private Limited | Director | 28 Feb 2020 | 6 Years 7 Months | Current |
| Tanam Vijay Thakkar | Director | 18 Nov 2004 | 21 Years 10 Months | Current |
| Shaileshkumar Madanlal Vora Also directs: Qintara Digital LLP, Shree Bhumidhan Minchem LLP | Director | 19 Oct 2022 | 3 Years 11 Months | Current |
Financials of Manas Properties Limited FY 2025-26 filings available
Manas Properties Limited reported revenue of ₹- for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue growth | +4.8% | -16.4% | +25.0% | -41.1% | +525.4% | -71.2% | +9.1% |
| EBITDA | (4.60) | (4.39) | (5.25) | (4.20) | (7.13) | (1.14) | (3.96) |
| Profit before tax | 38.85 | 34.35 | 29.89 | 30.94 | 0.54 | (0.97) | 17.00 |
| Net profit | 31.74 | 27.62 | 24.12 | 25.00 | 0.57 | (1.10) | 13.97 |
| EPS (₹) | 76.32 | 66.39 | 57.99 | 60.08 | 1.34 | (2.66) | 33.60 |
| Balance sheet | |||||||
| Total assets | 164 | 132 | 104 | 80.73 | 55.69 | 55.16 | 56.27 |
| Net worth | 143 | 111 | 83.29 | 59.17 | 34.17 | 33.61 | 34.72 |
| Total debt | 0.10 | 0.10 | 0.10 | 0.52 | 0.52 | 0.55 | 0.55 |
| Cash & bank | 105 | 73.39 | 49.84 | 25.35 | 7.67 | 0.03 | 0.08 |
| Net working capital | 102 | 66.49 | 50.42 | 20.35 | 2.53 | (4.23) | (4.55) |
| Cash flow | |||||||
| Cash from operations | 22.65 | 27.83 | 21.56 | 26.01 | 1.01 | (0.12) | 12.10 |
| Cash from investing | 9.37 | (4.28) | 3.35 | (8.32) | 7.00 | (0.35) | (14.64) |
| Cash from financing | 0.00 | 0.00 | (0.42) | 0.00 | (0.04) | 0.09 | (0.38) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue growth | +4.8% | -16.4% | +25.0% | -41.1% | +525.4% | -71.2% | +9.1% |
| Other income | 44.13 | 39.73 | 35.56 | 35.14 | 7.67 | 0.17 | 20.96 |
| Total expenses | 4.60 | 4.39 | 5.25 | 4.20 | 7.13 | 1.14 | 3.96 |
| Employee cost | 0.00 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 |
| EBITDA | (4.60) | (4.39) | (5.25) | (4.20) | (7.13) | (1.14) | (3.96) |
| Depreciation | 0.68 | 0.99 | 0.42 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 38.85 | 34.35 | 29.89 | 30.94 | 0.54 | (0.97) | 17.00 |
| Tax | 7.11 | 6.73 | 5.77 | 5.94 | (0.03) | 0.13 | 3.03 |
| Net profit | 31.74 | 27.62 | 24.12 | 25.00 | 0.57 | (1.10) | 13.97 |
| EPS (₹) | 76.32 | 66.39 | 57.99 | 60.08 | 1.34 | (2.66) | 33.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.16 | 4.16 | 4.16 | 4.16 | 4.16 | 4.16 | 4.16 |
| Reserves & surplus | 138 | 107 | 79.13 | 55.01 | 30.01 | 29.45 | 30.56 |
| Shareholders' funds (net worth) | 143 | 111 | 83.29 | 59.17 | 34.17 | 33.61 | 34.72 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.10 | 0.10 | 0.10 | 0.52 | 0.52 | 0.55 | 0.55 |
| Total debt | 0.10 | 0.10 | 0.10 | 0.52 | 0.52 | 0.55 | 0.55 |
| Total liabilities | 164 | 132 | 104 | 80.73 | 55.69 | 55.16 | 56.27 |
| Assets | |||||||
| Gross block | 36.22 | 36.22 | 36.22 | 32.63 | 32.64 | 32.64 | 32.64 |
| Net block | 34.14 | 34.82 | 35.80 | 32.63 | 32.63 | 32.63 | 32.63 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 16.92 | 15.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 3.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 105 | 73.39 | 49.84 | 25.35 | 7.67 | 0.03 | 0.08 |
| Loans & advances | 0.54 | 0.72 | 6.54 | 1.22 | 1.13 | 1.47 | 1.10 |
| Total current assets | 109 | 74.11 | 56.38 | 26.57 | 8.80 | 1.50 | 1.18 |
| Total current liabilities | 7.88 | 7.62 | 5.96 | 6.22 | 6.27 | 5.73 | 5.73 |
| Net working capital | 102 | 66.49 | 50.42 | 20.35 | 2.53 | (4.23) | (4.55) |
| Total assets | 164 | 132 | 104 | 80.73 | 55.69 | 55.16 | 56.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 73.39 | 49.84 | 25.35 | 7.67 | (0.30) | 0.08 | 3.00 |
| Net cash from operating activities | 22.65 | 27.83 | 21.56 | 26.01 | 1.01 | (0.12) | 12.10 |
| Net cash from investing activities | 9.37 | (4.28) | 3.35 | (8.32) | 7.00 | (0.35) | (14.64) |
| Net cash from financing activities | 0.00 | 0.00 | (0.42) | 0.00 | (0.04) | 0.09 | (0.38) |
| Net change in cash | 32.02 | 23.55 | 24.49 | 17.69 | 7.97 | (0.38) | (2.92) |
| Closing cash | 105 | 73.39 | 49.84 | 25.35 | 7.67 | 0.03 | 0.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% |
| EBITDA growth | -4.8% | +16.4% | -25.0% | +41.1% | -525.4% | +71.2% | -9.1% |
| PBT growth | +13.1% | +14.9% | -3.4% | +5629.6% | +9998.0% | - | +28.6% |
| Net income growth | +14.9% | +14.5% | -3.5% | +4286.0% | +9998.0% | - | +28.1% |
| Revenue CAGR (3Y) | - | - | - | - | - | -100.0% | -100.0% |
| EBITDA CAGR (3Y) | +3.1% | -14.9% | +66.4% | +2.0% | +25.2% | +28.3% | - |
| Profitability & leverage | |||||||
| Return on capital employed | - | +29.1% | +32.3% | +45.3% | +1.0% | -1.8% | +34.4% |
| Return on net worth | - | +28.4% | +33.9% | +53.6% | +1.7% | -3.3% | +50.4% |
| Debt / equity | - | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.03 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.03 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 76.32 | 66.39 | 57.99 | 60.08 | 1.34 | (2.66) | 33.60 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 266.60 | 200.21 | 142.22 | 82.14 | 80.80 | 83.46 |
Shareholding Pattern of Manas Properties Limited
Shareholding for the quarter ended Mar 2026: promoters hold 73.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 26.70%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 73.30% | 73.30% | 73.30% | 73.30% |
| Public | 26.70% | 26.70% | 26.70% | 26.70% |
Charges & Borrowings of Manas Properties
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2012 | The Cosmos Co-Operative Bank Limited | ₹79.35 Cr | Satisfied |
| 18 Mar 2008 | The Cosmos Co-Op Bank Ltd | ₹36.75 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Manas Properties
Employment history and EPFO contributions of people linked to Manas Properties.
Employee and EPFO history for Manas Properties Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Manas Properties
GST registrations and filing compliance for Manas Properties Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Manas Properties
Credit ratings, litigation, and regulatory alerts for Manas Properties Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Manas Properties
MSME payment history for Manas Properties Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Manas Properties
Corporate group structure for Manas Properties Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Manas Properties
MCA filings and documents for Manas Properties Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Manas Properties
Frequently Asked Questions about Manas Properties Limited
Manas Properties is an active public limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 02 November 2004 (22+ years old) and is registered under CIN L70100MH2004PLC149362. Listed on BSE: 540402.
The current directors of Manas Properties are:
- Vijay Thakordas Thakkar - Director
- Dev Vijay Thakkar - Managing Director
- Madhuriben Thakurdas Thakkar - Director
- Sony Keishing - Director
- Tanam Vijay Thakkar - Director
- Shaileshkumar Madanlal Vora - Director
The primary industry of Manas Properties is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Yes. Manas Properties is listed on BSE with code 540402.
Manas Properties can be reached at the registered office: 10Th Floor Dev Plaza Opp. Andheri Fire Station S. V. Road Andheri West, Mumbai, Maharashtra, India – 400058, or through the website manasproperties.co.in.
The authorised capital is ₹5 Cr, and the paid-up capital is ₹4.16 Cr.