About Muktha Foundations Private Limited
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Muktha Foundations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70102TN2008PTC068555. Its GSTIN is 33AAFCM6750K1ZA (Tamil Nadu).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹11 Cr. It is led by directors including Lebin Nelson and Karumanchi Narayanan Sanjay.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 2/296B Drr Avenue 3rd Main Road Behind Audco Nagar Kattupakkam, Chennai, Tamil Nadu, India – 600056.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.65 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹2.19 Cr and EBITDA of -₹1.64 Cr. Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 46% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Muktha Foundations. As per MCA filings, the company has open charges of ₹27.81 Cr and satisfied charges of ₹72.74 Cr on record. Court records list 17 cases involving the company, including 14 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mukthafoundations.com.
Company details
Contact details
Muktha Foundations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mukthafoundations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 2/296B Drr Avenue 3rd Main Road Behind Audco Nagar Kattupakkam, Chennai, Tamil Nadu, India – 600056
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Muktha Foundations 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
Muktha Foundations operates one associated brand: Muktha Foundations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development focusing on residential, plots, and commercial projects in India. | mukthafoundations.com |
Business activity
The main business activity of Muktha Foundations 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 Muktha Foundations Private Limited, buy the company report.
Financials of Muktha Foundations Private Limited
FY 2024 filings availableMuktha Foundations Private Limited reported revenue of ₹2.65 Lakh (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years. EBITDA rose 87% 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 | -₹1.64 Cr | ||||
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| Net Profit (PAT) | -₹2.19 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Muktha Foundations Private Limited, buy the company report.
Board of directors of Muktha Foundations Private Limited
Muktha Foundations has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lebin Nelson | Director | 01 Nov 2018 | 7 Years 11 Months | Current |
| Karumanchi Narayanan Sanjay | Director | 14 Jul 2008 | 18 Years 3 Months | Current |
| Sushil Koshy Babukutten | Director | 14 Jul 2008 | 18 Years 3 Months | Current |
| Hitesh Ghanshyamdas Shah Also directs: Ha-Kar Associates LLP, Muktha Housing and Estates Private Limited | Director | 14 Jul 2008 | 18 Years 3 Months | Current |
Peer comparison
Muktha Foundations Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vishvatmak Buildcon Private Limited | ₹2.66 Lakh (FY 2025) | 25.0% | Indore, Madhya Pradesh, India | |||
| Aaryaradha Infra Private Limited | ₹2.66 Lakh (FY 2023) | -98.0% | Bangalore, Karnataka, India | |||
| Muktha Foundations Private Limitedthis company | ₹2.65 Lakh (FY 2025) | -₹2.19 Cr | -100.0% | 8 | Chennai, Tamil Nadu, India | |
| Shakshi Constructions Private Limited | ₹2.65 Lakh (FY 2024) | -96.0% | Mohali, Punjab, India |
To see the full peer comparison of Muktha Foundations Private Limited, buy the company report.
Auditor
Muktha Foundations Private Limited is audited by Sunil Sethia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sunil Sethia & Associates | FY 2023 | 008121S |
Shareholding
The shareholding of Muktha Foundations 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Muktha Foundations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2013 | 10463426 | Indian Overseas Bank | ₹27.81 Cr | Open | |
| 26 Mar 2015 | 10563915 | Dewan Housing Finance Corporation Limited | ₹13 Cr | Satisfied | |
| 17 Mar 2015 | 10560665 | Indian Overseas Bank | ₹10 Cr | Satisfied | |
| 07 Jan 2014 | 10469985 | Hiec Trading Company Private Limited | ₹11.3 Cr | Satisfied | |
| 31 Oct 2011 | 10318237 | Indian Overseas Bank | ₹21.44 Cr | Satisfied |
To see the full charge records of Muktha Foundations Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Muktha Foundations Private Limited has 17 court cases on record: 14 filed by Muktha Foundations, 3 filed against it. 1 case is pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 2 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Arbitration matter | Filed by the company against Sameera Foundations Private Limited and 2 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Sameera Foundations Pvt Ltd, Represented by Its Authorised Signatory | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by Sameera Foundations Pvt Ltd | Disposed |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| Madras High Court | Original application | Filed by the company against M/S Sameera Foundations Private Limited | Disposed |
To see the full case history of Muktha Foundations 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 Muktha Foundations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Muktha Foundations Private Limited has a workforce of 8 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Muktha Foundations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCM6750K1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Muktha Foundations Private Limited, buy the company report.
Recent activity
Muktha Foundations Private Limited has 6 board changes on record since 2008: 4 appointments and 2 cessations. The latest: Lebin Nelson ceased to be Director on 04 Nov 2024.
13 earlier events are in the company report.
Frequently asked questions
Muktha Foundations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 July 2008 (18+ years old) and is registered under CIN U70102TN2008PTC068555.
Muktha Foundations has 4 current directors:
- Lebin Nelson - Director
- Karumanchi Narayanan Sanjay - Director
- Sushil Koshy Babukutten - Director
- Hitesh Ghanshyamdas Shah - Director
The latest financial statements of Muktha Foundations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Muktha Foundations is 33AAFCM6750K1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Muktha Foundations is U70102TN2008PTC068555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muktha Foundations has 17 court cases on record: 14 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Muktha Foundations was incorporated on 14 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Muktha Foundations by revenue are Vishvatmak Buildcon Private Limited, Aaryaradha Infra Private Limited, Shakshi Constructions Private Limited, all in the Real Estate industry (Builders and Developers, Construction Services), with the same principal business activity (buildings).
Lebin Nelson ceased to be Director on 04 Nov 2024. Sureshnirmalkumar ceased to be Director on 30 Mar 2019. Lebin Nelson was appointed as Director on 01 Nov 2018. Muktha Foundations has 6 board changes on record in total.
Muktha Foundations can be reached through the website mukthafoundations.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Muktha Foundations is at No. 2296B Drr Avenue 3rd Main Road Behind Audco Nagar Kattupakkam, Chennai, Tamil Nadu, India – 600056.