About Mainstreet Developers Private Limited
Data last updated:
Mainstreet Developers Private Limited is a private limited company based in Zirakpur, Punjab, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70109PB2015PTC039289. Its GSTIN is 03AAJCM6367Q1ZS (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bharat Mittal and Binder Pal Mittal.
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 Joynest Zrk.1 Gazipur Road Village Gazipur, Zirakpur, Punjab, India – 140603.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.49 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹6.69 Cr (net margin -121.8%) and EBITDA of -₹6.55 Cr (EBITDA margin -119.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 14% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹69 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 3 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in September 2018. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 2 smaller; the largest is Greystone Marketing Private Limited with revenue of ₹5.49 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 joy-nest.com.
Company details
Contact details
Mainstreet Developers Private Limited's registered office is in Zirakpur, Punjab. Its website is joy-nest.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJoynest Zrk.1 Gazipur Road Village Gazipur, Zirakpur, Punjab, India – 140603
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mainstreet 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
Business activity
The main business activity of Mainstreet Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Mainstreet Developers Private Limited, buy the company report.
Financials of Mainstreet Developers Private Limited
FY 2025 filings availableMainstreet Developers Private Limited reported revenue of ₹5.49 Cr (down 37% 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 37% fall in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| 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 | -₹6.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.69 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -119.3% | ||||
| Net Profit Margin | -121.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mainstreet Developers Private Limited, buy the company report.
Board of directors of Mainstreet Developers Private Limited
Mainstreet Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Mittal Also directs: Finest Infra Developers LLP, Agrim Buildtech Private Limited, Manhattan Infra Services Private Limited and 5 more | Director | 27 Feb 2015 | 11 Years 8 Months | Current |
| Binder Pal Mittal Also directs: Finest Infra Developers LLP, Agrim Buildtech Private Limited, Manhattan Infra Services Private Limited and 5 more | Director | 27 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Mainstreet Developers Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greystone Marketing Private Limited | ₹5.49 Cr (FY 2025) | -35.0% | Pune, Maharashtra, India | |||
| Pgopalakrishnan Nair Builders and Developers Private Limited | ₹5.49 Cr (FY 2025) | 3.0% | Thiruvananthapuram, Kerala, India | |||
| Mainstreet Developers Private Limitedthis company | ₹5.49 Cr (FY 2025) | -₹6.69 Cr | -121.8% | -37.0% | 10 | Zirakpur, Punjab, India |
| Green Stone Builders Private Limited | ₹5.49 Cr (FY 2025) | 13.0% | Howrah, West Bengal, India | |||
| Conwood Realty Private Limited. | ₹5.48 Cr (FY 2021) | -49.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mainstreet Developers Private Limited, buy the company report.
Auditor
Mainstreet Developers Private Limited is audited by SANGEET KUMAR AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANGEET KUMAR AND ASSOCIATES | FY 2023 | 011954N |
Shareholding
The shareholding of Mainstreet 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 Mainstreet Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2017 | 100129917 | Others | ₹69 Cr | Satisfied |
To see the full charge records of Mainstreet Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Mainstreet Developers Private Limited has 3 deals on record (3 secondary share transfers); the latest was in September 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Pardus Consultants Private Limited Seller: an individual |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sushma Buildtech Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mainstreet Developers Private Limited has 6 court cases on record: 1 filed by Mainstreet Developers, 5 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by Ms Symang Deals Pvt Ltd | Pending |
| District court, South West, Delhi | Court case (OMP (I)(COMM.)) | Filed against the company by BMW India Financial Services Pvt Ltd | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed against the company by an individual | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Mainstreet 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 Mainstreet Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mainstreet Developers Private Limited has a workforce of 10 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Mainstreet Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAJCM6367Q1ZS | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mainstreet Developers Private Limited, buy the company report.
Recent activity
Mainstreet Developers Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Tarundeep Mittal ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Mainstreet Developers is an active private limited company based in Zirakpur, Punjab, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 February 2015 (11+ years old) and is registered under CIN U70109PB2015PTC039289.
Mainstreet Developers has 2 current directors:
- Bharat Mittal - Director
- Binder Pal Mittal - Director
The latest financial statements of Mainstreet 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 GSTIN of Mainstreet Developers is 03AAJCM6367Q1ZS, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mainstreet Developers is U70109PB2015PTC039289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mainstreet Developers has 6 court cases on record: 1 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
Mainstreet Developers was incorporated on 27 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
Mainstreet Developers has 3 deals on record (3 secondary share transfers); the latest was in September 2018.
The peers of Mainstreet Developers by revenue are Greystone Marketing Private Limited, Pgopalakrishnan Nair Builders and Developers Private Limited, Green Stone Builders Private Limited, Conwood Realty Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Tarundeep Mittal ceased to be Additional Director on 30 Sep 2016. Bharat Mittal was appointed as Director on 27 Feb 2015. Binder Pal Mittal was appointed as Director on 27 Feb 2015.
Mainstreet Developers can be reached through the website joy-nest.com. Its registered office is in Zirakpur, Punjab, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
