Suksha Developers Private Limited

Suksha Developers Private Limited - real estate in Chandigarh, India. FY 2026 financials & compliance.
CIN U70109CH2017PTC041672 Incorporated 02 August 2017 ROC Chandigarh HQ Chandigarh, India
Active Private Limited Company real estate MSME · Medium
Data last updated
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

Recognitions & Rankings of Suksha Developers

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-CH-01-0027190

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
  • Registered Address
    B – 107 First Floor Business Complex At Elante Mall Industrial Area Phase – 1, Chandigarh, India – 160001
  • Industry
    Real 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.

BrandDescriptionWebsite
Provider of residential and commercial real estate development servicessushma.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 codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real 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 available

Suksha 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹61.4 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13.71 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin214.1%
Net Profit Margin-47.8%
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 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
NameDesignationAppointment DateTenureStatus
Bharat MittalDirector25 Sep 20179 Years 1 MonthsCurrent
Binder Pal MittalDirector02 Aug 20179 Years 3 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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%58Chandigarh, 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 firmFinancial yearFirm registration number
SANGEET KUMAR & ASSOCIATESFY 2022011954N

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 categoryFY 2022FY 2021FY 2020FY 2019FY 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
Idbi Trusteeship Services Limited₹330.00 Cr
Indian Overseas Bank₹2.55 Cr
Axis Bank Limited₹2.40 Cr
Others₹2.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jul 2025101137224Others₹1.2 CrOpen
10 Jan 2024100886202Axis Bank Limited₹1.2 CrOpen
10 Jan 2024100892582Indian Overseas Bank₹2.55 CrOpen
10 Jan 2024100913675Axis Bank Limited₹1.2 CrOpen
24 Dec 2019100321731Idbi Trusteeship Services Limited₹200 CrOpen

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)

WhenDealAmountParties
Apr 2022Debt financing₹8.9 CrInvestors: 360 ONE (IIFL Asset Management)
Sep 2020Debt financing₹81.1 CrInvestors: 360 ONE (IIFL Asset Management)
Sep 2018Debt financing₹240 CrInvestors: 360 ONE (IIFL Asset Management)
Aug 2018Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Aug 2018Secondary share transferUndisclosedBuyer: 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.

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
GSTINStateStatusRegistered on
03AAZCS0331C1ZNPunjabActive28 Nov 2017
03AAZCS0331C2ZMPunjabActive06 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.

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:

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).