MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-CH-01-0027190
Suksha Developers Private Limited - real estate in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.68 Cr
▼ 65% YoY
Net loss · FY 2025
₹13.71 Cr
Net margin -47.8%
EBITDA · FY 2025
₹61.4 Cr
EBITDA margin 214.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹337.25 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
58
Provident fund records
About Suksha Developers Private Limited
Data last updated:
Suksha Developers Private Limited is a private limited company based in Chandigarh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 02 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70109CH2017PTC041672. Its GSTIN is 03AAZCS0331C1ZN (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr 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 B – 107 First Floor Business Complex At Elante Mall Industrial Area Phase – 1, Chandigarh, India – 160001.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.68 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹13.71 Cr (net margin -47.8%) and EBITDA of ₹61.4 Cr (EBITDA margin 214.1%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 27% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sushma. As per MCA filings, the company has open charges of ₹337.25 Cr on record. Court records list 223 cases involving the company, including 1 filed by the company and 223 filed against it; 192 cases are pending. The company has 6 deals on record (3 debt financings, 3 secondary share transfers), with disclosed funding of ₹330 Cr; the latest was in April 2022. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 3 smaller; the largest is Krrish Realtech Private Limited with revenue of ₹28.73 Cr.
Suksha Developers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0027190). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sushma.co.in.
Company details
CIN U70109CH2017PTC041672
Registration Number 041672
Incorporation Date 02 August 2017
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-CH-01-0027190
Key People
Bharat Mittal Director Binder Pal Mittal Director Recognitions & Rankings of Suksha Developers
Contact details
Suksha Developers Private Limited's registered office is in Chandigarh, Chandigarh. Its website is sushma.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 107 First Floor Business Complex At Elante Mall Industrial Area Phase – 1, Chandigarh, India – 160001
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Suksha Developers Private Limited, buy the company report.
Comprehensive company report
Suksha 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
Suksha Developers operates one associated brand: SUSHMA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of residential and commercial real estate development services | sushma.co.in |
Business activity
The main business activity of Suksha 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 Suksha Developers Private Limited, buy the company report.
Financials of Suksha Developers Private Limited
FY 2025 filings availableSuksha Developers Private Limited reported revenue of ₹28.68 Cr (down 65% YoY) for FY 2025.
Revenue · FY 2025
₹28.68 Cr ▼ 65%
Net loss · FY 2025
₹13.71 Cr margin -47.8%
EBITDA · FY 2025
₹61.4 Cr margin 214.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 31%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 7%
5 years · compounded
▲ 14%
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 65% fall in the latest year. EBITDA fell 22% 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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| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹61.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.71 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 214.1% | ||||
| Net Profit Margin | -47.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Suksha Developers Private Limited, buy the company report.
Board of directors of Suksha Developers Private Limited
Suksha Developers has 2 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 |
|---|---|---|---|---|
| Bharat Mittal Also directs: Finest Infra Developers LLP, Agrim Buildtech Private Limited, Manhattan Infra Services Private Limited and 5 more | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
| Binder Pal Mittal Also directs: Finest Infra Developers LLP, Agrim Buildtech Private Limited, Manhattan Infra Services Private Limited and 5 more | Director | 02 Aug 2017 | 9 Years 3 Months | Current |
Peer comparison
Suksha 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 (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 |
|---|---|---|---|---|---|---|
| Krrish Realtech Private Limited | ₹28.73 Cr (FY 2022) | New Delhi, Delhi, India | ||||
| Suksha Developers Private Limitedthis company | ₹28.68 Cr (FY 2025) | -₹13.71 Cr | -47.8% | -65.0% | 58 | Chandigarh, India |
| GSS Project Consultants Private Limited | ₹28.65 Cr (FY 2025) | -44.0% | Bangalore, Karnataka, India | |||
| Arti Properties Private Limited | ₹28.62 Cr (FY 2024) | -7.0% | Mumbai, Maharashtra, India | |||
| DDPL Global Infrastructure Private Limited | ₹28.6 Cr (FY 2024) | -61.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Suksha Developers Private Limited, buy the company report.
Auditor
Suksha Developers Private Limited is audited by SANGEET KUMAR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANGEET KUMAR & ASSOCIATES | FY 2022 | 011954N |
Shareholding
The shareholding of Suksha Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suksha Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹337.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2025 | 101137224 | Others | ₹1.2 Cr | Open | |
| 10 Jan 2024 | 100886202 | Axis Bank Limited | ₹1.2 Cr | Open | |
| 10 Jan 2024 | 100892582 | Indian Overseas Bank | ₹2.55 Cr | Open | |
| 10 Jan 2024 | 100913675 | Axis Bank Limited | ₹1.2 Cr | Open | |
| 24 Dec 2019 | 100321731 | Idbi Trusteeship Services Limited | ₹200 Cr | Open |
To see the full charge records of Suksha Developers Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Suksha Developers Private Limited has 6 deals on record (3 debt financings, 3 secondary share transfers), with disclosed funding of ₹330 Cr; the latest was in April 2022.
Total deals
6
Debt financings
3
Secondary share transfers
3
Disclosed funding
₹330 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Debt financing | ₹8.9 Cr | Investors: 360 ONE (IIFL Asset Management) |
| Sep 2020 | Debt financing | ₹81.1 Cr | Investors: 360 ONE (IIFL Asset Management) |
| Sep 2018 | Debt financing | ₹240 Cr | Investors: 360 ONE (IIFL Asset Management) |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Suksha 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
Suksha Developers Private Limited has 223 court cases on record: 1 filed by Suksha Developers, 223 filed against it. 192 cases are pending and 31 are disposed.
Total cases
223
Filed by the company
1
Filed against the company
223
Pending
192
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 213 | 213 | 184 |
| High courts | 10 | 10 | 8 |
Cases on record (5 of 223)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by Ms Symang Deals Pvt Ltd | Pending |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against M/S Suksha Developers Private Limited and Others and 4 others | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Chandigarh | Criminal miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Suksha 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 Suksha Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suksha Developers Private Limited has a workforce of 58 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
-14.71%
GST
Suksha Developers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAZCS0331C1ZN | Punjab | Active | 28 Nov 2017 |
| 03AAZCS0331C2ZM | Punjab | Active | 06 May 2021 |
To see the full GST registrations and return filing status of Suksha Developers Private Limited, buy the company report.
Recent activity
Suksha Developers Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Bharat Mittal ceased to be Additional Director on 30 Sep 2018.
AGM
Suksha Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 101137224 was registered on 30 Jul 2025.
Filing
Suksha Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100886202 was registered on 10 Jan 2024.
Charges
A charge with Indian Overseas Bank amounted to Rs. 2.55 Cr with Charge ID 100892582 was registered on 10 Jan 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100913675 was registered on 10 Jan 2024.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 200.00 Cr registered on 24 Dec 2019 with Charge ID 100321731 was modified on 17 Sep 2020.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 200.00 Cr with Charge ID 100321731 was registered on 24 Dec 2019.
Charges
A charge with Others amounted to Rs. 1.10 Cr with Charge ID 100245349 was registered on 15 Feb 2019.
Ceased
Bharat Mittal ceased to be Additional Director.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 130.00 Cr with Charge ID 100209899 was registered on 26 Sep 2018.
Ceased
Devi Dayal Garg ceased to be Additional Director.
5 earlier events are in the company report.
News
Frequently asked questions
Suksha Developers is an active private limited company based in Chandigarh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 02 August 2017 (9+ years old) and is registered under CIN U70109CH2017PTC041672.
Suksha Developers has 2 current directors:
- Bharat Mittal - Director
- Binder Pal Mittal - Director
The latest financial statements of Suksha 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 FY 2018 are in the company report.
The GSTIN of Suksha Developers is 03AAZCS0331C1ZN, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAZCS0331C2ZM (Punjab).
The CIN (Corporate Identification Number) of Suksha Developers is U70109CH2017PTC041672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suksha Developers has 223 court cases on record: 1 filed by the company and 223 filed against it. 192 are pending. Most are in the district courts.
Suksha Developers was incorporated on 02 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
Suksha Developers has 6 deals on record (3 debt financings, 3 secondary share transfers), with disclosed funding of ₹330 Cr; the latest was in April 2022.
The peers of Suksha Developers by revenue are Krrish Realtech Private Limited, GSS Project Consultants Private Limited, Arti Properties Private Limited, DDPL Global Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Bharat Mittal ceased to be Additional Director on 30 Sep 2018. Devi Dayal Garg ceased to be Additional Director on 17 Aug 2018. Shiv Aggarwal ceased to be Additional Director on 17 Aug 2018. Suksha Developers has 6 board changes on record in total.
Yes, Suksha Developers is registered as a medium enterprise under Udyam registration (number: UDYAM-CH-01-0027190).
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