About Shinde Developers Private Limited
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Shinde Developers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 19 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45202PN1997PTC110780. Its GSTIN is 27AAHCS7443R1ZH (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Madhavi Sunil Shinde and Sunil Balkrishna Shinde.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector No.132/2 – 3 Plot No.22 Gulmohar Park Iti Road Aundh, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2024, the company reported a revenue of ₹146.06 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹2.38 Cr (net margin 1.6%) and EBITDA of ₹20.3 Cr (EBITDA margin 13.9%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 5% over five years.
The company has about 203 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shinde Developers. As per MCA filings, the company has open charges of ₹119.28 Cr and satisfied charges of ₹94.23 Cr on record. Court records list 134 cases involving the company, including 24 filed by the company and 110 filed against it; 44 cases are pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.3 Cr; the latest was in January 2013. Its 3 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 2 larger and 1 smaller; the largest is Vishwarupa Infratech Private Limited with revenue of ₹147.08 Cr. The company has 8 MSME Form 1 returns on record between 2021 and 2024, listing 254 overdue payments to 41 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sdplinfra.in.
Company details
CIN history
Shinde Developers has one previous CIN (Corporate Identification Number): U45202MH1997PTC110780. The current CIN is U45202PN1997PTC110780, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202PN1997PTC110780 | Current |
| U45202MH1997PTC110780 | Previous |
Contact details
Shinde Developers Private Limited's registered office is in Pune, Maharashtra. Its website is sdplinfra.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSector No.132/2 – 3 Plot No.22 Gulmohar Park Iti Road Aundh, Pune, Maharashtra, India – 411007
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Shinde 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
Shinde Developers operates one associated brand: Shinde Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive infrastructure development services for projects. | sdplinfra.in |
Business activity
The main business activity of Shinde Developers is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Shinde Developers Private Limited, buy the company report.
Financials of Shinde Developers Private Limited
FY 2024 filings availableShinde Developers Private Limited reported revenue of ₹146.06 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 36% fall in the latest year. EBITDA fell 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹20.3 Cr | ||||
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| Net Profit (PAT) | ₹2.38 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Shinde Developers Private Limited, buy the company report.
Board of directors of Shinde Developers Private Limited
Shinde Developers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhavi Sunil Shinde | Director | 19 Sep 1997 | 29 Years 1 Months | Current |
| Sunil Balkrishna Shinde Also directs: Melzer Technologies LLP, Melzer Chemicals Private Limited, Hotel Pushkar Group Private Limited and 1 more | Director | 15 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Shinde Developers Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vishwarupa Infratech Private Limited | ₹147.08 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Shivajyoti Conpro Private Limited | ₹146.11 Cr (FY 2025) | 12.0% | Bhubaneswar, Odisha, India | |||
| Shinde Developers Private Limitedthis company | ₹146.06 Cr (FY 2024) | ₹2.38 Cr | 1.6% | -36.0% | 203 | Pune, Maharashtra, India |
| Rajgrihi Singh Constructions Private Limited | ₹145.19 Cr (FY 2025) | -32.0% | Ranchi, Jharkhand, India |
To see the full peer comparison of Shinde Developers Private Limited, buy the company report.
Auditor
Shinde Developers Private Limited is audited by BDSP AND ASSOCIATES CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BDSP AND ASSOCIATES CHARTERED ACCOUNTANTS | FY 2023 | 138198W |
Shareholding
The shareholding of Shinde 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 Shinde Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2020 | 100347208 | Others | ₹67.97 Lakh | Open | |
| 13 Oct 2017 | 100132891 | Bank of India | ₹9.9 Lakh | Open | |
| 12 May 2007 | 10056328 | Bank of India | ₹118.5 Cr | Open | |
| 30 Jun 2023 | 100747262 | Bank of India | ₹5 Cr | Satisfied | |
| 30 Jun 2021 | 100539843 | Others | ₹10.78 Lakh | Satisfied |
To see the full charge records of Shinde Developers Private Limited, buy the company report.
Total charge records: 57 View all charges
Deals & funding
Shinde Developers Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.3 Cr; the latest was in January 2013.
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2010 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2009 | Funding round | ₹50 Lakh | Investors: 4 individuals |
| May 2007 | Funding round | ₹30 Lakh | Investors: 3 individuals |
To see the full deal history of Shinde 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
Shinde Developers Private Limited has 134 court cases on record: 24 filed by Shinde Developers, 110 filed against it. 44 cases are pending and 90 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 108 | 100 | 41 |
| High courts | 25 | 9 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 134)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed by the company against Edifice Properties Private Limited and 4 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Mogli Labs India Pvt Ltd Authorized Signatory Mr Sanidhya Jain | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by M/S. Radha Smelters Private Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Bentley Systems India Pvt Ltd | Pending |
| District court, Nagpur, Maharashtra | Commercial suit | Filed against the company by M/S. Supreme Bituchem India Pvt. Ltd. Through Its Managing Director Mr. Murtuza Hamza Kothawala | Pending |
To see the full case history of Shinde 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
Shinde Developers Private Limited has 8 MSME Form 1 returns on record between 2021 and 2024, listing 254 overdue payments to 41 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 (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| J B Highway Service Station | |||
| an individual supplier | |||
| Associated Chemicals | |||
| Aquarius Engineers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Shinde Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shinde Developers has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Shinde Developers Private Limited has a workforce of 203 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Shinde Developers has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS7443R1ZH | Maharashtra | Active | 01 Jul 2017 |
| 29AAHCS7443R1ZD | Karnataka | Active | 06 Apr 2021 |
| 33AAHCS7443R1ZO | Tamil Nadu | Active | 18 May 2021 |
To see the full GST registrations and return filing status of Shinde Developers Private Limited, buy the company report.
Recent activity
Shinde Developers Private Limited has 10 board changes on record since 1997: 2 appointments and 8 cessations. The latest: Santaji Ramchandra Ghorpade ceased to be Director on 12 Jul 2025.
114 earlier events are in the company report.
Frequently asked questions
Shinde Developers is an active private limited company based in Pune, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 19 September 1997 (29+ years old) and is registered under CIN U45202PN1997PTC110780.
Shinde Developers has 2 current directors:
- Madhavi Sunil Shinde - Director
- Sunil Balkrishna Shinde - Director
The latest financial statements of Shinde Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shinde Developers is 27AAHCS7443R1ZH, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAHCS7443R1ZD (Karnataka), 33AAHCS7443R1ZO (Tamil Nadu).
The CIN (Corporate Identification Number) of Shinde Developers is U45202PN1997PTC110780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shinde Developers has 134 court cases on record: 24 filed by the company and 110 filed against it. 44 are pending. Most are in the district courts.
Shinde Developers was incorporated on 19 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
Shinde Developers has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.3 Cr; the latest was in January 2013.
The peers of Shinde Developers by revenue are Vishwarupa Infratech Private Limited, Shivajyoti Conpro Private Limited, Rajgrihi Singh Constructions Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Santaji Ramchandra Ghorpade ceased to be Director on 12 Jul 2025. Sunil Balkrishna Shinde was appointed as Director on 15 Sep 2022. Aslam Siddique Nathani ceased to be Additional Director on 31 Dec 2020. Shinde Developers has 10 board changes on record in total.
Shinde Developers has 8 MSME Form 1 returns on record between 2021 and 2024, listing 254 overdue payments to 41 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Shinde Developers can be reached through the website sdplinfra.in. Its registered office is in Pune, Maharashtra, India.