- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-03-0008869

About Satya Developers Private Limited
Data last updated:
Satya Developers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL1995PTC072172. Its GSTIN is 07AABCK7225P2Z4 (Delhi). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹6.72 Cr. It was formerly known as Khushahali Estates Private Limited and Khushahali Farms Private Limited. It is led by directors including Manish Agarwal and Siddharth Agarwal.
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 34 Babar Lane Bengali Market, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.75 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 5.3%) and EBITDA of ₹2.94 Cr (EBITDA margin 12.9%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 13% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Satyadevelopers and Satya Group. As per MCA filings, the company has open charges of ₹142.62 Cr and satisfied charges of ₹377.65 Cr on record. Court records list 123 cases involving the company, including 49 filed by the company and 74 filed against it; 30 cases are pending. The company has 10 deals on record (6 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹28.4 Cr; the latest was in September 2019. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 21 overdue payments to 2 micro and small suppliers.
Satya Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0008869). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satyagroups.in.
Company details
Name history
Satya Developers has undergone 2 name changes throughout its history. The company was previously known as Khushahali Estates Private Limited, and Khushahali Farms Private Limited. The current legal name is Satya Developers Private Limited.
| Company Name | Status |
|---|---|
| Satya Developers Private Limited | Current |
| Khushahali Estates Private Limited | Previous |
| Khushahali Farms Private Limited | Previous |
Recognitions & Rankings of Satya Developers
Contact details
Satya Developers Private Limited's registered office is in New Delhi, Delhi. Its website is satyagroups.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address34 Babar Lane Bengali Market, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Satya 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
Satya Developers operates two associated brands: Satyadevelopers and Satya Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| satyadevelopers.com | ||
| Real estate development services are provided in India. | satyagroups.in |
Business activity
The main business activity of Satya 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 Satya Developers Private Limited, buy the company report.
Financials of Satya Developers Private Limited
FY 2025 filings availableSatya Developers Private Limited reported revenue of ₹22.75 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 1% fall in the latest year. EBITDA rose 116% 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 | ₹2.94 Cr | ||||
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| Net Profit (PAT) | ₹1.21 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 | 12.9% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Satya Developers Private Limited, buy the company report.
Board of directors of Satya Developers Private Limited
Satya Developers has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Agarwal Also directs: Satya Dream Home LLP, SV Infra Management Solutions Private Limited, Satya Townships Private Limited and 5 more | Director | 12 Jul 1999 | 27 Years 3 Months | Current |
| Siddharth Agarwal Also directs: Satya Dream Home LLP, SV Infra Management Solutions Private Limited, Satya Townships Private Limited and 5 more | Director | 01 Nov 2012 | 13 Years 11 Months | Current |
| Harminder Singh Also directs: Satya Dream Home LLP, Satya Infrastructures Limited, Satya Infrastructures Limited and 2 more | Director | 10 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Satya Developers Private Limited is audited by RAJ ACHINT & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJ ACHINT & ASSOCIATES | FY 2024 | 022023N |
Shareholding
The shareholding of Satya 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satya Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2022 | 100561623 | Idbi Trusteeship Services Limited | ₹17.62 Cr | Open | |
| 28 Mar 2019 | 100249964 | Idbi Trusteeship Services Limited | ₹115 Cr | Open | |
| 23 Jan 2018 | 100156450 | Idbi Trusteeship Services Limited | ₹10 Cr | Open | |
| 24 Dec 2015 | 10614609 | Idbi Trusteeship Services Limited | ₹200 Cr | Satisfied | |
| 21 Mar 2014 | 10487270 | Idbi Trusteeship Services Limited | ₹99 Cr | Satisfied |
To see the full charge records of Satya Developers Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Satya Developers Private Limited has 10 deals on record (6 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹28.4 Cr; the latest was in September 2019.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2014 | Acquisition | ₹99.09 Cr | Buyer: 360 One Portfolio Managers Limited , Piramal Fund Management |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Satya Holdings Private Limited Seller: MPS Fashions Private Limited , Harsimrat Investments Private Limited , Omkam Communication Private Limited |
| Apr 2009 | Funding round | ₹24.01 Cr | Investors: Harsimrat Investments Private Limited , MPS Fashions Private Limited , K V Cements Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Clarion Properties Limited |
| Mar 2008 | Funding round | ₹4.39 Cr | Investors: Brij Enterprises Pvt Ltd , an individual |
To see the full deal history of Satya Developers Private 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
Satya Developers Private Limited has 123 court cases on record: 49 filed by Satya Developers, 74 filed against it. 30 cases are pending and 93 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 67 | 51 | 21 |
| High courts | 37 | 13 | 3 |
| Supreme Court | 18 | 9 | 6 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 123)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3101-Land Laws, Agricultural tenancy, Land Revenue : Abolition of zamindari/jagirs/inams/estates, land reform legislations, agricultural tenancy, including prohibition of transfer of land belonging to SC/ST) | Filed by the company against Municipal Corporation Faridabad and 1 other | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Idfc First Bank Ltd | Pending |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed against the company by Credifin Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Finova Capital Private Limited | Pending |
| District court, Jalandhar, Punjab | Execution petition | Filed against the company by Amrit Malwa Capital Ltd | Pending |
To see the full case history of Satya 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
Satya Developers Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 21 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nimbus Harbor Facilities Management Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Satya Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Satya Developers has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Satya Townships Private Limited | U45200DL2006PTC155448 | |
| Koncorde Contractors Private Limited | U70102DL2013PTC252266 | |
| Clarion Properties Limited | U72900DL1996PLC079383 |
To see the full group structure of Satya Developers Private Limited, buy the company report.
Employees & EPFO
Satya Developers Private Limited has a workforce of 2 employees on its EPFO records as of May 26, 2025, across 1 active EPFO establishment.
GST
Satya Developers has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCK7225P2Z4 | Delhi | Active | 07 Oct 2017 |
| 06AABCK7225P1Z7 | Haryana | Active | 01 Jul 2017 |
| 03AABCK7225P2ZC | Punjab | Active | 10 Aug 2017 |
To see the full GST registrations and return filing status of Satya Developers Private Limited, buy the company report.
Recent activity
Satya Developers Private Limited has 11 board changes on record since 1999: 3 appointments and 8 cessations. The latest: Harminder Singh ceased to be Additional Director on 29 Sep 2025.
20 earlier events are in the company report.
Frequently asked questions
Satya Developers is an active private 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 05 September 1995 (31+ years old) and is registered under CIN U70101DL1995PTC072172.
Satya Developers has 3 current directors:
- Manish Agarwal - Director
- Siddharth Agarwal - Director
- Harminder Singh - Director
The latest financial statements of Satya 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 Satya Developers is 07AABCK7225P2Z4, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCK7225P1Z7 (Haryana), 03AABCK7225P2ZC (Punjab).
The CIN (Corporate Identification Number) of Satya Developers is U70101DL1995PTC072172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satya Developers has 123 court cases on record: 49 filed by the company and 74 filed against it. 30 are pending. Most are in the district courts.
Satya Developers was incorporated on 05 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Satya Developers has 10 deals on record (6 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹28.4 Cr; the latest was in September 2019.
Harminder Singh ceased to be Additional Director on 29 Sep 2025. Harminder Singh was appointed as Director on 10 Jan 2025. Dinesh Agarwal ceased to be CFO on 24 Apr 2021. Satya Developers has 11 board changes on record in total.
Yes, Satya Developers is registered as a small enterprise under Udyam registration (number: UDYAM-DL-03-0008869).
Satya Developers has 5 MSME Form 1 returns on record between 2019 and 2021, listing 21 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 May 2021.