India's Richest People 2026 edition · 1 director · Source: Hurun India
- #228 Bijay Kumar Agarwal & family ₹16,500 Cr
Revenue · FY 2025
₹1,128.24 Cr
▲ 74% YoY
Net profit · FY 2025
₹624.82 Cr
Net margin 55.4%
EBITDA · FY 2025
₹647.58 Cr
EBITDA margin 57.4%
Authorised capital
₹3.45 Cr
Registered with MCA
Paid-up capital
₹75.53 Lakh
Issued & subscribed
Open charges
₹700.91 Cr
Satisfied ₹1,361.07 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
281
Provident fund records
About Sattva Developers Private Limited
Data last updated:
Sattva Developers Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 January 2004 and has been in existence for over 22 years.
Its director Bijay Kumar Agarwal and family are #228 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB2004PTC097736. Its GSTIN is 29AAICS2869J1ZO (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3.45 Cr and a paid-up capital of ₹75.53 Lakh. It was formerly known as Sumedha Niketan Private Limited and Sattva Properties Private Limited. It is led by directors including Pradyumna Kumar Mishra and Mahesh Kumar Khaitan.
Its last annual general meeting (AGM) was held on 16 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,128.24 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹624.82 Cr (net margin 55.4%) and EBITDA of ₹647.58 Cr (EBITDA margin 57.4%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 18% over five years.
The company has about 281 employees on its provident fund (EPFO) records. Its group structure includes 10 subsidiaries and 12 joint ventures.
The company is associated with 1 brand: Sattva Group. As per MCA filings, the company has open charges of ₹700.91 Cr and satisfied charges of ₹1,361.07 Cr on record. Court records list 69 cases involving the company, including 30 filed by the company and 39 filed against it; 22 cases are pending. The company has 5 deals on record (2 funding rounds, 2 debt financings, 1 acquisition), with disclosed funding of ₹163.54 Cr; the latest was in October 2023. The company has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sattvagroup.in.
Company details
CIN U70101WB2004PTC097736
Registration Number 097736
Incorporation Date 30 January 2004
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 October 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Name history
Sattva Developers has undergone 2 name changes throughout its history. The company was previously known as Sumedha Niketan Private Limited, and Sattva Properties Private Limited. The current legal name is Sattva Developers Private Limited.
| Company Name | Status |
|---|---|
| Sattva Developers Private Limited | Current |
| Sumedha Niketan Private Limited | Previous |
| Sattva Properties Private Limited | Previous |
Key People
Pradyumna Kumar Mishra Director Mahesh Kumar Khaitan Director Bijay Kumar Agarwal Director Recognitions & Rankings of Sattva Developers
Contact details
Sattva Developers Private Limited's registered office is in Kolkata, West Bengal. Its website is sattvagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.41 Netaji Subhas Road, 4th Floor R. No. 404, Kolkata, West Bengal, India – 700001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sattva Developers Private Limited, buy the company report.
Comprehensive company report
Sattva Developers Private Limited - one report that includes everything
- 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
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Brands
Sattva Developers operates one associated brand: Sattva Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive real estate development and facility management consulting for residential and commercial projects. | sattvagroup.in |
Business activity
The main business activity of Sattva 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 Sattva Developers Private Limited, buy the company report.
Financials of Sattva Developers Private Limited
FY 2024 filings availableSattva Developers Private Limited reported revenue of ₹1,128.24 Cr (up 74% YoY) for FY 2025.
Revenue · FY 2025
₹1,128.24 Cr ▲ 74%
Net profit · FY 2025
₹624.82 Cr margin 55.4%
EBITDA · FY 2025
₹647.58 Cr margin 57.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 46%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 109%
3 years · compounded
▲ 111%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 74% growth in the latest year. EBITDA rose 109% 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 | ₹647.58 Cr | ||||
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| Net Profit (PAT) | ₹624.82 Cr | ||||
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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 | 57.4% | ||||
| Net Profit Margin | 55.4% | ||||
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To see the full financial statements and ratios of Sattva Developers Private Limited, buy the company report.
Board of directors of Sattva Developers Private Limited
Sattva Developers has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradyumna Kumar Mishra | Director | 24 Apr 2023 | 3 Years 6 Months | Current |
| Mahesh Kumar Khaitan Also directs: Neelanchal Realtors LLP, Sattva Lifestyle Homes LLP, Neelanchal Dwellings LLP and 5 more | Director | 30 Apr 2008 | 18 Years 5 Months | Current |
| Bijay Kumar Agarwal Also directs: Salarpuria Simplex Dwellings LLP, Parth Infrapromoter LLP, Neelanchal Properties LLP and 5 more | Director | 30 Jan 2004 | 22 Years 8 Months | Current |
| Niru Agarwal Also directs: Neelanchal Properties LLP, Neelanchal Happy Homes LLP, Neelanchal High Rise LLP and 5 more | Director | 30 Jan 2004 | 22 Years 8 Months | Current |
Auditor
Sattva Developers Private Limited is audited by M O J & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M O J & Associates | FY 2024 | 015425S |
Shareholding
The shareholding of Sattva 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sattva Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹700.91 Cr
Satisfied charges
₹1,361.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2025 | 101136800 | Others | ₹90 Lakh | Open | |
| 07 Aug 2024 | 100964051 | Others | ₹1.13 Lakh | Open | |
| 01 Aug 2023 | 100752793 | Yes Bank Limited | ₹500 Cr | Open | |
| 09 Mar 2022 | 100550792 | Others | ₹200 Cr | Open | |
| 06 Aug 2024 | 100964064 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Sattva Developers Private Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Sattva Developers Private Limited has 5 deals on record (2 funding rounds, 2 debt financings, 1 acquisition), with disclosed funding of ₹163.54 Cr; the latest was in October 2023.
Total deals
5
Funding rounds
2
Debt financings
2
Acquisition
1
Disclosed funding
₹163.54 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Acquisition | ₹50 Cr | Buyer: Salarpuria Properties Pvt Ltd |
| Sep 2016 | Debt financing | ₹123 Cr | Investors: Wellgrowth Griha Nirman Private Limited , Salarpuria Griha Nirman Private Limited , Haraparvati Realtors Pvt Ltd |
| Mar 2015 | Debt financing | ₹40 Cr | Investors: Softzone Tech Park Limited |
| Nov 2011 | Funding round | ₹19.9 Lakh | Investors: Sattva Real Estate Private Limited |
| Jun 2009 | Funding round | ₹34 Lakh | Investors: Sattva Real Estate Private Limited , Bijay Kumar Agarwal (Huf), 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sattva Developers Private Limited has 69 court cases on record: 30 filed by Sattva Developers, 39 filed against it. 22 cases are pending and 47 are disposed.
Total cases
69
Filed by the company
30
Filed against the company
39
Pending
22
Disposed
47
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 17 | 9 |
| High courts | 30 | 18 | 12 |
| Supreme Court | 5 | 3 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S Bren Corporation Pvt Ltd | Pending |
| High Court for State of Telangana | Arbitration matter | Filed by the company against Lorven Projects Limited | Pending |
| High Court of Karnataka | Court case (AP.IM) | Filed by the company against Singapore Realty Private Limited and 1 other | Pending |
| District court, Hyderabad CCC, Telangana | Court case (A.R.B.O.P) | Filed against the company by M/S. Omics International Private Limited | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed by the company against M/S. Omics International Private Limited | Pending |
To see the full case history of Sattva 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.
Credit ratings & regulatory alerts
Sattva Developers Private Limited was last rated by Crisil on 10 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Dec 2019 |
To see the full credit ratings and regulatory alerts of Sattva Developers Private Limited, buy the company report.
MSME payment delays
Sattva Developers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Load Controls India Private Limited |
To see the full MSME payment records of Sattva Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sattva Developers has 10 subsidiary companies, 12 joint ventures, and 53 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
10
Subsidiary companies
12
Joint ventures
53
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Adel Assesories Private Limited | U29214KA2007PTC044501 | |
| Sattva Knowledge Space Private Limited | U45100KA2012PTC065328 | |
| Water Edge Builders Private Limited | U45200WB2007PTC226981 | |
| Darshita Projects Private Limited | U70100WB2016PTC226980 | |
| Chinnamasta Properties Private Limited | U70101WB2005PTC105445 | |
| Bhojeshwar Realtors Private Limited | U70101WB2006PTC110187 |
To see the full group structure of Sattva Developers Private Limited, buy the company report.
Employees & EPFO
Sattva Developers Private Limited has a workforce of 281 employees on its EPFO records as of Nov 07, 2025, across 2 active EPFO establishments.
Employee count
281
Active EPFO establishments
2
Employee growth
4.85%
GST
Sattva Developers has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS2869J1ZO | Karnataka | Active | 01 Jul 2017 |
| 27AAICS2869J1ZS | Maharashtra | Active | 01 Jun 2018 |
| 36AAICS2869J1ZT | Telangana | Active | 12 Dec 2019 |
To see the full GST registrations and return filing status of Sattva Developers Private Limited, buy the company report.
Recent activity
Sattva Developers Private Limited has 8 board changes on record since 2004: 4 appointments and 4 cessations. The latest: Pradyumna Kumar Mishra ceased to be Director on 29 Sep 2023.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 101136800 was registered on 22 Jul 2025.
Charges
A charge registered on 06 Aug 2024 via Charge ID 100964064 with Others was fully satisfied on 22 Apr 2025.
Charges
A charge registered on 22 Dec 2023 via Charge ID 100849204 with Others was fully satisfied on 24 Jan 2025.
AGM
Sattva Developers Private Limited last Annual general meeting of members was held on 16 Oct 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.01 Cr with Charge ID 100964051 was registered on 07 Aug 2024.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100964064 was registered on 06 Aug 2024.
Charges
A charge registered on 12 Jan 2023 via Charge ID 100682334 with Others was fully satisfied on 28 May 2024.
Filing
Sattva Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge registered on 27 Jan 2022 via Charge ID 100534950 with Others was fully satisfied on 06 Feb 2024.
Charges
A charge with Others amounted to Rs. 62.50 Cr with Charge ID 100849204 was registered on 22 Dec 2023.
Ceased
Pradyumna Kumar Mishra ceased to be Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 500.00 Cr with Charge ID 100752793 was registered on 01 Aug 2023.
63 earlier events are in the company report.
News
Frequently asked questions
Sattva Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 January 2004 (22+ years old) and is registered under CIN U70101WB2004PTC097736.
Sattva Developers has 4 current directors:
- Pradyumna Kumar Mishra - Director
- Mahesh Kumar Khaitan - Director
- Bijay Kumar Agarwal - Director
- Niru Agarwal - Director
The latest financial statements of Sattva Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sattva Developers is 29AAICS2869J1ZO, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAICS2869J1ZS (Maharashtra), 36AAICS2869J1ZT (Telangana).
The CIN (Corporate Identification Number) of Sattva Developers is U70101WB2004PTC097736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sattva Developers has 69 court cases on record: 30 filed by the company and 39 filed against it. 22 are pending. Most are in the district courts.
Sattva Developers was incorporated on 30 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Sattva Developers has 5 deals on record (2 funding rounds, 2 debt financings, 1 acquisition), with disclosed funding of ₹163.54 Cr; the latest was in October 2023.
Pradyumna Kumar Mishra ceased to be Director on 29 Sep 2023. Pradyumna Kumar Mishra was appointed as Director on 24 Apr 2023. Amit Bajoria ceased to be Director on 09 Sep 2011. Sattva Developers has 8 board changes on record in total.
Sattva Developers has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Sattva Developers can be reached through the website sattvagroup.in. Its registered office is in Kolkata, West Bengal, India.