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 operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L70100MH2004PLC149362. Its GSTIN is 27AAECM2637C1ZR (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 540402.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.16 Cr. It was formerly known as Manas Properties Private Limited. It is led by directors including Dev Vijay Thakkar (Managing Director) and Vijay Thakordas Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 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 28.6% YoY). Total assets are valued at ₹163.81 Cr (up 24% YoY).
The company is associated with 1 brand: Manas Properties. As per MCA filings, the company has satisfied charges of ₹116.1 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending. The company has 18 deals on record (17 market trades, 1 ipo); the latest was in December 2021. Its 4 peer companies in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 1 smaller; the largest is Binarius Infra Private Limited with revenue of ₹40.3 Cr.
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.
Company details
CIN history
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 |
Contact details
Manas Properties Limited's registered office is in Mumbai, Maharashtra. Its website is manasproperties.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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
To see the full contact details of Manas Properties 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
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Manas Properties Limited
FY 2025-26 filings availableManas 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 |
| 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 |
| 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 | |||||||
| EBITDA growth | -4.8% | +16.4% | -25.0% | +41.1% | -525.4% | +71.2% | - |
| 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% | +151.8% | -107.9% | - |
| 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 |
To see the full year-wise statements and ratios of Manas Properties Limited, buy the company report.
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 11 Months | Current |
| Madhuriben Thakurdas Thakkar Also directs: Videv Realtors Private Limited | Director | 01 Oct 2008 | 18 Years 1 Months | Current |
| Tanam Vijay Thakkar | Director | 18 Nov 2004 | 21 Years 11 Months | Current |
| Dev Vijay Thakkar | Managing Director | 14 Jan 2017 | 9 Years 9 Months | Current |
| Sony Ngatangmi Keishing Also directs: Shivam Dev Infracon Private Limited, Nuevo Homes Private Limited | Director | 28 Feb 2020 | 6 Years 8 Months | Current |
| Tushar Rajendra Momaiyah Also directs: Nandana Metals and Mining Limited | Additional Director | 02 Sep 2026 | 0 Years 1 Months | Current |
Peer comparison
Manas Properties Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), 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 |
|---|---|---|---|---|---|---|
| Binarius Infra Private Limited | ₹40.3 Cr (FY 2024) | Mumbai, Maharashtra, India | ||||
| Bigbox Ventures Private Limited | ₹40.01 Cr (FY 2025) | 216.0% | Pune, Maharashtra, India | |||
| Kings Canyon Sez Private Limited | ₹39.78 Cr (FY 2024) | -9.0% | Delhi, India | |||
| Gopal Das Estates & Housing Private Limited | ₹39.14 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India |
To see the full peer comparison of Manas Properties Limited, buy the company report.
Auditor
Manas Properties Limited is audited by R. I. JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. I. JAIN & CO | FY 2023 | 103956W |
Shareholding
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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2012 | 10340354 | The Cosmos Co-Operative Bank Limited | ₹79.35 Cr | Satisfied | |
| 18 Mar 2008 | 10096187 | The Cosmos Co-Op Bank Ltd | ₹36.75 Cr | Satisfied |
To see the full charge records of Manas Properties Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Manas Properties Limited has 18 deals on record (17 market trades, 1 ipo); the latest was in December 2021.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Market trade | ₹1.87 Cr | Buyer: an individual Seller: Nopea Capital Services Private Limited |
| Dec 2021 | Market trade | ₹1.11 Cr | Seller: Nopea Capital Services Private Limited |
| May 2021 | Market trade | ₹2.51 Cr | Buyer: Nopea Capital Services Private Limited Seller: an individual |
| Jan 2021 | Market trade | ₹2.95 Cr | Buyer: an individual Seller: Tuscany Square Feet LLP |
| Jan 2021 | Market trade | ₹2.95 Cr | Buyer: an individual Seller: Angel Acreage LLP |
To see the full deal history of Manas Properties Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manas Properties Limited has 7 court cases on record: 3 filed by Manas Properties, 4 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 0 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Junobo Hotels Pvt. Ltd. | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by Junobo Hotels Pvt. Ltd. Formerly Known As Junobo Clubs Pvt. Ltd | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (REVISION) | Filed against the company by Junobo Hotels Pvt. Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (M Appeal) | Filed against the company by Junobo Hotels Pvt. Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe Appln) | Filed by the company against Junobo Hotels Pvt. Ltd. Formerly Known As Junobo Clubs Pvt. Ltd. | Disposed |
To see the full case history of Manas Properties 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 Manas Properties Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manas Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM2637C1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manas Properties Limited, buy the company report.
Recent activity
Manas Properties Limited has 11 board changes on record since 2004: 6 appointments and 5 cessations. The latest: Tushar Rajendra Momaiyah was appointed as Additional Director on 02 Sep 2026.
6 earlier events are in the company report.
Frequently asked questions
Manas Properties is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 November 2004 (22+ years old) and is registered under CIN L70100MH2004PLC149362. Listed on BSE: 540402.
Manas Properties has 6 current directors:
- Dev Vijay Thakkar - Managing Director
- Vijay Thakordas Thakkar - Director
- Madhuriben Thakurdas Thakkar - Director
- Tanam Vijay Thakkar - Director
- Sony Ngatangmi Keishing - Director
- Tushar Rajendra Momaiyah - Additional Director
The latest financial statements of Manas Properties on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Manas Properties is 27AAECM2637C1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Manas Properties is L70100MH2004PLC149362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Manas Properties is a listed company as per MCA records. Its shares are listed on BSE (code: 540402).
Manas Properties has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Manas Properties was incorporated on 02 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Manas Properties has 18 deals on record (17 market trades, 1 ipo); the latest was in December 2021.
The peers of Manas Properties by revenue are Binarius Infra Private Limited, Bigbox Ventures Private Limited, Kings Canyon Sez Private Limited, Gopal Das Estates & Housing Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Tushar Rajendra Momaiyah was appointed as Additional Director on 02 Sep 2026. Sony Ngatangmi Keishing was appointed as Director on 28 Feb 2020. Daisy Maring Sairel Maku ceased to be Director on 24 Feb 2020. Manas Properties has 11 board changes on record in total.
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