About Zodiac Developers Private Limited
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Zodiac Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Zodiac Ventures Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH1995PTC086758. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹12.24 Cr. It is led by directors including Ramesh Virji Shah (Managing Director) and Jimit Ramesh Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 205 – C 45 Juhu Residency Off Gulmohar Road, Juhu Vile Parle (West) Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.97 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹7.46 Lakh (net margin 74.8%) and EBITDA of ₹9.07 Cr. Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 14% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zodiac Ventures. As per MCA filings, the company has open charges of ₹5.51 Cr and satisfied charges of ₹34.95 Cr on record. Court records list 76 cases involving the company, including 21 filed by the company and 55 filed against it; 34 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.14 Cr; the latest was in December 2010.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zodiacventures.in.
Company details
Contact details
Zodiac Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is zodiacventures.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205 – C 45 Juhu Residency Off Gulmohar Road, Juhu Vile Parle (West) Mumbai, Maharashtra, India – 400049
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Zodiac 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
Brands
Zodiac Developers operates one associated brand: Zodiac Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of residential properties | zodiacventures.in |
Business activity
The main business activity of Zodiac Developers 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 |
To see the full business activity and turnover split of Zodiac Developers Private Limited, buy the company report.
Financials of Zodiac Developers Private Limited
FY 2024 filings availableZodiac Developers Private Limited reported revenue of ₹9.97 Lakh (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 61% fall 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.07 Cr | ||||
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| Net Profit (PAT) | ₹7.46 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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| Net Profit Margin | 74.8% | ||||
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To see the full financial statements and ratios of Zodiac Developers Private Limited, buy the company report.
Board of directors of Zodiac Developers Private Limited
Zodiac Developers has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Deepak Visaria Also directs: Zodiac Ventures Limited | Director | 23 Oct 2020 | 6 Years 0 Months | Current |
| Himanshi Nilesh Shah Also directs: Zodiac Ventures Limited | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Ramesh Virji Shah | Managing Director | 23 Mar 1995 | 31 Years 7 Months | Current |
| Jimit Ramesh Shah Also directs: Zodiac Ventures Limited, Zodiac Developers India Private Limited, Inaya Wellness LLP and 1 more | Whole-Time Director | 01 Feb 2000 | 26 Years 8 Months | Current |
Shareholding
The shareholding of Zodiac Developers Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Zodiac Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2020 | 100350879 | Others | ₹51.2 Lakh | Open | |
| 20 Mar 2019 | 100254005 | Others | ₹2 Cr | Open | |
| 16 Jun 2017 | 100211211 | Others | ₹3 Cr | Open | |
| 07 Aug 2015 | 10590193 | Idbi Trusteeship Services Limited | ₹30 Cr | Satisfied | |
| 18 May 2006 | 10006991 | The Cosmos Co-Op Bank Ltd | ₹1.75 Cr | Satisfied |
To see the full charge records of Zodiac Developers Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Zodiac Developers Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.14 Cr; the latest was in December 2010.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2010 | Funding round | ₹15.84 Cr | Investors: Zodiac Ventures Limited , Ramesh V Shah-HUF, 2 individuals |
| Mar 2010 | Funding round | ₹30 Lakh | Investors: an individual |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zodiac Developers Private Limited has 76 court cases on record: 21 filed by Zodiac Developers, 55 filed against it. 34 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 46 | 32 | 28 |
| District courts | 28 | 23 | 5 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Earthworth Constructions Private Limited | Pending |
| Bombay High Court | Court case (NMCD) | Filed by the company against Marvellous Builders Pvt. Ltd and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Marvellous Builders Pvt. Ltd 1 and 11 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Icici Bank Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by M/S Fta Engineering Pvt Ltd | Disposed |
To see the full case history of Zodiac Developers Private 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 Zodiac Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Zodiac Developers has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Zodiac Developers Private Limited has a workforce of 4 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Zodiac 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 Zodiac Developers Private Limited, buy the company report.
Recent activity
Zodiac Developers Private Limited has 14 board changes on record since 1995: 6 appointments and 8 cessations. The latest: Himanshi Nilesh Shah ceased to be Additional Director on 26 Sep 2024.
16 earlier events are in the company report.
News
Frequently asked questions
Zodiac Developers is an active private 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 23 March 1995 (31+ years old) and is registered under CIN U45201MH1995PTC086758.
Zodiac Developers has 4 current directors:
- Ramesh Virji Shah - Managing Director
- Jimit Ramesh Shah - Whole-Time Director
- Sahil Deepak Visaria - Director
- Himanshi Nilesh Shah - Director
The latest financial statements of Zodiac Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
No. Zodiac Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Zodiac Developers is U45201MH1995PTC086758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zodiac Developers has 76 court cases on record: 21 filed by the company and 55 filed against it. 34 are pending. Most are in the high courts.
Zodiac Developers was incorporated on 23 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Zodiac Developers has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.14 Cr; the latest was in December 2010.
Himanshi Nilesh Shah ceased to be Additional Director on 26 Sep 2024. Himanshi Nilesh Shah was appointed as Director on 01 Apr 2024. Sahil Deepak Visaria ceased to be Additional Director on 28 Dec 2020. Zodiac Developers has 14 board changes on record in total.
Zodiac Developers can be reached through the website zodiacventures.in. Its registered office is in Mumbai, Maharashtra, India.