Greenway Developers Private Limited
About Greenway Developers Private Limited
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Greenway Developers Private Limited is a private limited company based in Bathinda, Punjab, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 30 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70109PB2010PTC034395.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Chanchal Kumar and Mukesh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bathinda, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.98 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.55 Lakh (net margin 39.1%) and EBITDA of ₹13.93 Lakh (EBITDA margin 51.6%). Revenue has declined at a compounded annual rate (CAGR) of 142% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹145 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Greenway Developers Private Limited's registered office is in Bathinda, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address184, Phase 2 Model Town, Bathinda, Punjab, India – 151001
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Greenway 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
Financials of Greenway Developers Private Limited
FY 2025 filings availableGreenway Developers Private Limited reported revenue of ₹26.98 Lakh (up 1094% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years. EBITDA rose 863% 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 | ₹13.93 Lakh | ||||
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| Net Profit (PAT) | ₹10.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.6% | ||||
| Net Profit Margin | 39.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Greenway Developers Private Limited, buy the company report.
Board of directors of Greenway Developers Private Limited
Greenway Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chanchal Kumar | Director | 30 Oct 2010 | 15 Years 11 Months | Current |
| Mukesh Kumar Also directs: P.P. Industries Private Limited | Director | 31 Jul 2018 | 8 Years 2 Months | Current |
Peer comparison
Greenway Developers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), 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 |
|---|---|---|---|---|---|---|
| Bhalchandra Estates (Bangalore) Private Limited | ₹27.15 Lakh (FY 2017) | 14.0% | Bangalore, Karnataka, India | |||
| Yojna Developers Private Limited | ₹27.03 Lakh (FY 2022) | Delhi, India | ||||
| Emulsion Tradecom Private Limited | ₹27.02 Lakh (FY 2025) | 329.0% | Kolkata, West Bengal, India | |||
| Greenway Developers Private Limitedthis company | ₹26.98 Lakh (FY 2025) | ₹10.55 Lakh | 39.1% | 1094.0% | Bathinda, Punjab, India |
To see the full peer comparison of Greenway Developers Private Limited, buy the company report.
Auditor
Greenway Developers Private Limited is audited by VINAY GARG & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY GARG & ASSOCIATES | FY 2023 | 022578N |
Shareholding
The shareholding of Greenway Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Greenway Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2024 | 100865476 | Others | ₹145 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Greenway Developers Private Limited has 11 court cases on record: 8 filed by Greenway Developers, 3 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 2 |
| High courts | 4 | 1 | 3 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Revision petition | Filed by the company against M/S Blade Estate and Finance Pvt Ltd and 15 others | Pending |
| District court, Mohali, Punjab | Civil suit | Filed by the company against M/S Blade Estate and Finance Pvt. Ltd. Through SH. Rajesh Kumar Pal (M.D./Director/Gm) and 24 others | Pending |
| District court, Mohali, Punjab | Appeal | Filed by the company against M/S Blade Estate and Finance Pvt. Ltd and 15 others | Disposed |
| District court, Mohali, Punjab | Civil suit | Filed by the company against M/S Blade Estate and Finance Pvt. Ltd. Through SH. Rajesh Kumar Pal (M.D./Director/Gm) and 24 others | Disposed |
| High Court of Punjab and Haryana | Revision petition | Filed against the company by M/S G and G Builders and Promoters | Pending |
To see the full case history of Greenway 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 Greenway Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Greenway Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Greenway Developers Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Mukesh Kumar was appointed as Director on 31 Jul 2018.
Frequently asked questions
Greenway Developers is an active private limited company based in Bathinda, Punjab, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 30 October 2010 (16+ years old) and is registered under CIN U70109PB2010PTC034395.
Greenway Developers has 2 current directors:
- Chanchal Kumar - Director
- Mukesh Kumar - Director
The latest financial statements of Greenway Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Greenway Developers is U70109PB2010PTC034395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greenway Developers has 11 court cases on record: 8 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Greenway Developers was incorporated on 30 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Greenway Developers by revenue are Bhalchandra Estates (Bangalore) Private Limited, Yojna Developers Private Limited, Emulsion Tradecom Private Limited, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).
Mukesh Kumar was appointed as Director on 31 Jul 2018. Parveen Lata ceased to be Director on 31 Jul 2018. Sheela Rani ceased to be Director on 11 Dec 2015. Greenway Developers has 4 board changes on record in total.
The registered office of Greenway Developers is at 184, Phase 2 Model Town, Bathinda, Punjab, India – 151001.
Greenway Developers operates in the real estate industry, in the real estate leasing segment.
Greenway Developers has open charges of ₹145 Cr and no satisfied charges on record as per latest MCA filings.