
Mrunmai Properties Limited
About Mrunmai Properties Limited
Data last updated:
Mrunmai Properties Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Palchin Real Estates Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 February 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2012PLC227292. Its GSTIN is 27AAICM0689C1ZF (Maharashtra).
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.97 Cr. It was formerly known as Mrunmai Properties Private Limited. It was led by directors including Viral Kantilal Thakker and Sunita Khanna.
Its last annual general meeting (AGM) was held on 29 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Sp Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.24 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹1.48 Cr (net margin -28.3%) and EBITDA of ₹4.68 Cr (EBITDA margin 89.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
As per MCA filings, the company had open charges of ₹750 Cr and satisfied charges of ₹1,710 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
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- Registered AddressSp Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Mrunmai Properties Limited
The main business activity of Mrunmai 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
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.
Financials of Mrunmai Properties Limited FY 2023 filings available
Mrunmai Properties Limited reported revenue of ₹5.24 Cr (up 51% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mrunmai Properties Limited
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 51% growth in the latest year. EBITDA rose 43% 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 Mrunmai Properties Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹4.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.48 Cr | •••• | •••• | •••• | •••• |
| 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 Mrunmai Properties Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -28.3% | •••• | •••• | •••• | •••• |
| 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 Mrunmai Properties are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mrunmai Properties Limited
Mrunmai Properties 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vka Enterprises Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Emarald Constructions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| VTP Infra Tech Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Okhla Constructions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Mani Max Project Private Limited | •••• | •••• | •••• | •••• | - | Durgapur Mc, West Bengal, India |
| Mrunmai Properties Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Select Synergies and Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Shelcon Properties Pvt Ltd | •••• | •••• | •••• | •••• | 29 | Siliguri, West Bengal, India |
| Wire Developers Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Chidori Infracom Private Limited | •••• | •••• | •••• | •••• | - | Imphal, Manipur, India |
| Jaihind Green Fields Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Mrunmai Properties 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 Mrunmai Properties Limited
Mrunmai Properties Limited is audited by NAYAN PARIKH & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAYAN PARIKH & CO | Locked | Locked | Locked |
Complete auditor history
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 Mrunmai Properties Limited
Mrunmai Properties has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Kantilal Thakker | Director | 31 Aug 2021 | 5 Years 1 Months | As last reported |
| Sunita Khanna Also directs: Gokak Textiles Limited, Supra Warehousing Private Limited, Highstreet Developers Private Limited and 5 more | Director | 27 Jun 2017 | 9 Years 3 Months | As last reported |
| Neerav Amreet Parmar | Director | 16 Jan 2018 | 8 Years 8 Months | As last reported |
Ownership and Shareholding of Mrunmai Properties Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mrunmai Properties Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2022 | Idbi Trusteeship Services Limited | ₹250 Cr | Satisfied |
| 03 Jul 2020 | Idbi Trusteeship Services Limited | ₹300 Cr | Satisfied |
| 03 Jul 2020 | Idbi Trusteeship Services Limited | ₹400 Cr | Satisfied |
| 19 Oct 2019 | Others | ₹24 Cr | Satisfied |
| 19 Oct 2019 | Others | ₹36 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Mrunmai Properties Limited
Mrunmai Properties Limited has 2 court cases on record: 2 filed by Mrunmai Properties. All cases are disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Mrunmai Properties Limited
Employment history and EPFO contributions of people linked to Mrunmai Properties.
Employee and EPFO history
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.
CIN History of Mrunmai Properties Limited
Mrunmai Properties has one previous CIN (Corporate Identification Number): U45200MH2012PTC227292. The current CIN is U45200MH2012PLC227292, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH2012PLC227292 | Current |
| U45200MH2012PTC227292 | Previous |
Recent Activity on Mrunmai Properties Limited
Mrunmai Properties Limited has 14 board changes on record since 2012: 3 appointments and 11 cessations. The latest: Viral Kantilal Thakker ceased to be Additional Director on 25 Nov 2021.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mrunmai Properties Limited
Credit ratings, litigation, and regulatory alerts
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 Mrunmai Properties Limited
MSME payment history
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 Mrunmai Properties Limited
Corporate group structure
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.
GST Compliance of Mrunmai Properties Limited
Mrunmai Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM0689C1ZF | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
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.
MCA Filings & Documents of Mrunmai Properties Limited
MCA filings and documents
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.
Frequently Asked Questions about Mrunmai Properties Limited
Mrunmai Properties has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mrunmai Properties was a public limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 February 2012 and is registered under CIN U45200MH2012PLC227292. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mrunmai Properties was incorporated on 22 February 2012. It is registered with the Registrar of Companies, Mumbai.
Mrunmai Properties had 3 directors:
- Viral Kantilal Thakker - Director
- Sunita Khanna - Director
- Neerav Amreet Parmar - Director
The CIN (Corporate Identification Number) of Mrunmai Properties is U45200MH2012PLC227292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mrunmai Properties is at Sp Centre 4144 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
Mrunmai Properties reported revenue of ₹5.24 Cr for FY 2023 (up 51% YoY).
Mrunmai Properties has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.97 Cr.
Mrunmai Properties reported a net loss of ₹1.48 Cr (net margin -28.3%) and EBITDA of ₹4.68 Cr (EBITDA margin 89.3%) for FY 2023, as per its filed financial statements.
The GSTIN of Mrunmai Properties is 27AAICM0689C1ZF, registered in Maharashtra.
Mrunmai Properties operated in the real estate and construction industry, in the real estate builders and developers segment.