About CHD Developers Limited
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CHD Developers Limited is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 August 1990.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1990PLC041188. Its GSTIN is 07AAACC0103H5ZC (Delhi). The company holds 6 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (526917) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹35.5 Cr and a paid-up capital of ₹25.72 Cr. It was formerly known as Capital Developers Private Limited and Capital Developers Limited. It is led by directors including Gaurav Mittal (Managing Director) and Gaurav Gupta.
Its last annual general meeting (AGM) was held on 31 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B 1 Ground Floor 19 – 20 G Block Radha Chambers Community Centre Vikasp, Uri, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2022, the company reported a revenue of ₹36.49 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹48.84 Cr and EBITDA of -₹42.33 Cr. Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 65% over five years.
The company has about 72 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 1 brand: CHD Developers. As per MCA filings, the company has open charges of ₹404.63 Cr and satisfied charges of ₹483.09 Cr on record. Court records list 848 cases involving the company, including 55 filed by the company and 793 filed against it; 182 cases are pending. The company has 24 deals on record (22 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹12.98 Cr; the latest was in February 2018. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 smaller; the largest is Propbiz Advisors Private Limited with revenue of ₹84.38 Lakh. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 17 overdue payments to 3 micro and small suppliers.
The last known website on record is chddevelopers.com.
Company details
Name history
CHD Developers has undergone 3 name changes throughout its history. The company was previously known as Capital Developers Private Limited, Capital Developers Limited, and Capital Hotels And Developers Limited. The current legal name is Chd Developers Limited.
| Company Name | Status |
|---|---|
| CHD Developers Limited | Current |
| Capital Developers Private Limited | Previous |
| Capital Developers Limited | Previous |
| Capital Hotels And Developers Limited | Previous |
Contact details
CHD Developers Limited's registered office is in New Delhi, Delhi. Its website is chddevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB 1 Ground Floor 19 – 20 G Block Radha Chambers Community Centre Vikasp, Uri, New Delhi, Delhi, India – 110018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of CHD Developers 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
CHD Developers operates one associated brand: CHD Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development services are provided in India. | chddevelopers.com |
Financials of CHD Developers Limited
FY 2022 filings availableCHD Developers Limited reported revenue of ₹36.49 Lakh (down 81% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 81% fall in the latest year. EBITDA fell 843% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36.49 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹42.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48.84 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
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To see the full financial statements and ratios of CHD Developers Limited, buy the company report.
Board of directors of CHD Developers Limited
CHD Developers has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Gupta Also directs: Safeintip LLP, Evalpro Valuers LLP, G G V G Business Consultancy Private Limited and 1 more | Director | 18 May 2022 | 4 Years 5 Months | As last reported |
| Gaurav Mittal Also directs: International Infratech Private Limited | Managing Director | 30 May 1997 | 29 Years 4 Months | As last reported |
| Ritu | Director | 14 Dec 2021 | 4 Years 10 Months | As last reported |
Peer comparison
CHD Developers Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Propbiz Advisors Private Limited | ₹84.38 Lakh (FY 2025) | 9.0% | Pune, Maharashtra, India | |||
| Kevin Properties Pvt Ltd | ₹84.37 Lakh (FY 2025) | 67.0% | Delhi, India | |||
| Diamond Builders Private Limited | ₹84.35 Lakh (FY 2025) | -31.0% | Delhi, India | |||
| CHD Developers Limitedthis company | ₹36.49 Lakh (FY 2022) | -₹48.84 Cr | -81.0% | 72 | New Delhi, Delhi, India |
To see the full peer comparison of CHD Developers Limited, buy the company report.
Auditor
CHD Developers Limited is audited by KPSK & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPSK & ASSOCIATES | FY 2022 | 025420N |
Shareholding
The shareholding of CHD Developers Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of CHD Developers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2018 | 100207136 | Others | ₹120 Cr | Open | |
| 23 Sep 2016 | 100056001 | Others | ₹11 Cr | Open | |
| 06 May 2016 | 100037411 | Others | ₹140 Cr | Open | |
| 22 Feb 2016 | 10626858 | Reliance Home Finance Limited | ₹50 Lakh | Open | |
| 29 Jan 2016 | 10618882 | Reliance Home Finance Limited | ₹29.5 Cr | Open |
To see the full charge records of CHD Developers Limited, buy the company report.
Total charge records: 42 View all charges
Deals & funding
CHD Developers Limited has 24 deals on record (22 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹12.98 Cr; the latest was in February 2018.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Acquisition | ₹65.18 Cr | Buyer: Bengal Finance and Investment Private Limited |
| Feb 2018 | Market trade | ₹1.81 Cr | Seller: T.K. Professionals Private Limited |
| Jan 2018 | Market trade | ₹1.11 Cr | Buyer: NBN Fintrade Private Limited Seller: NBN Fintrade Private Limited |
| Apr 2015 | Market trade | ₹1.21 Cr | Seller: T.K. Professionals Private Limited |
| Feb 2008 | Funding round | ₹12.98 Cr | Investors: D.B. Corp Limited , Brand Capital |
To see the full deal history of CHD Developers 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
CHD Developers Limited has 848 court cases on record: 55 filed by CHD Developers, 793 filed against it. 182 cases are pending and 666 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 755 | 737 | 173 |
| High courts | 49 | 19 | 2 |
| NCLAT | 17 | 17 | 4 |
| NCLT | 14 | 13 | 0 |
| Supreme Court | 13 | 7 | 3 |
Cases on record (5 of 848)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed by the company against Roots Developers Pvt Ltd and 3 others | Pending |
| District court, South, Delhi | Criminal case | Filed by the company against M/S Elmech Power and Airconditioning Engineers Pvt. Ltd. and Ors. and 2 others | Pending |
| High Court, DELHI | Writ petition | Filed by the company against Uttar Haryana Bijli Vitran Nigam Limited and Others and 5 others | Disposed |
| District court, South, Delhi | Criminal case | Filed by the company against M/S Branded Residencies Private Limited and Others | Disposed |
| District court, Central, Delhi | Court case (CBI) | Filed against the company by an individual | Pending |
To see the full case history of CHD Developers 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.
Credit ratings & regulatory alerts
CHD Developers Limited was last rated by Care on 19 Jul 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 19 Jul 2023 |
To see the full credit ratings and regulatory alerts of CHD Developers Limited, buy the company report.
MSME payment delays
CHD Developers Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 17 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amrg & Associates | |||
| an individual supplier | |||
| Gamut Infosystems Limited |
To see the full MSME payment records of CHD Developers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
CHD Developers has 6 subsidiary companies and 2 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Delight Spirits Private Limited | U15209DL2013PTC249415 | |
| International Infratech Private Limited | U45203DL2007PTC159744 | |
| CHD Infra Projects Private Limited | U70109DL2010PTC199293 | |
| CHD Elite Realtech Private Limited | U70109DL2010PTC199294 | |
| Empire Realtech Private Limited | U70200DL2008PTC182645 | |
| CHD Hospitality Private Limited | U93000DL2011PTC218557 |
To see the full group structure of CHD Developers Limited, buy the company report.
Employees & EPFO
CHD Developers Limited has a workforce of 72 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
CHD Developers has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACC0103H5ZC | Delhi | Active | 21 Dec 2023 |
To see the full GST registrations and return filing status of CHD Developers Limited, buy the company report.
Recent activity
CHD Developers Limited has 45 board changes on record since 1990: 24 appointments and 21 cessations. The latest: Gaurav Gupta was appointed as Director on 18 May 2022.
125 earlier events are in the company report.
News
Frequently asked questions
CHD Developers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
CHD Developers is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 August 1990 and is registered under CIN L74899DL1990PLC041188. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
CHD Developers has 3 current directors:
- Gaurav Mittal - Managing Director
- Gaurav Gupta - Director
- Ritu - Director
The latest financial statements of CHD Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 December 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of CHD Developers is L74899DL1990PLC041188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CHD Developers is recorded as a listed company by MCA, but trading in its shares on BSE (526917) has been suspended, so they do not currently trade on a stock exchange.
CHD Developers has open charges of ₹404.63 Cr and satisfied charges of ₹483.09 Cr as per latest MCA filings.
CHD Developers has 848 court cases on record: 55 filed by the company and 793 filed against it. 182 are pending. Most are in the district courts.
CHD Developers was incorporated on 17 August 1990. It is registered with the Registrar of Companies, Delhi.
CHD Developers has 24 deals on record (22 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹12.98 Cr; the latest was in February 2018.
The peers of CHD Developers by revenue are Propbiz Advisors Private Limited, Kevin Properties Pvt Ltd, Diamond Builders Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Gaurav Gupta was appointed as Director on 18 May 2022. Varinder Singh ceased to be Director on 31 Mar 2022. Nishant Goyal ceased to be Director on 01 Jan 2022. CHD Developers has 45 board changes on record in total.