About Mukti Projects Limited
Data last updated:
Mukti Projects Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 30 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2003PLC061299. Its GSTIN is 19AAACH6312B1Z3 (West Bengal).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.97 Cr. It was formerly known as Haldia Hydro Carbon Limited. It is led by directors including Sudhir Kumar Tiwari and Govind Prasad Saraf.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 17 Garcha 1st Lane, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.52 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹3.6 Cr (net margin -42.3%) and EBITDA of -₹41.06 Lakh (EBITDA margin -4.8%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 25% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹554.96 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website muktigroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address17 Garcha 1st Lane, Kolkata, West Bengal, India – 700019
- IndustryEvents and Entertainment, Entertainment Venues & Properties
- 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
- One PDF report, delivered after checkout
Business Activity of Mukti Projects Limited
The main business activities of Mukti Projects are accommodation and food service and support service to organizations. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc., food and beverage services provided by hotels, restaurants, caterers, etc. and other support services to organizations. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mukti Projects Limited FY 2025 filings available
Mukti Projects Limited reported revenue of ₹8.52 Cr (down 74% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mukti Projects Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 74% fall in the latest year. EBITDA fell 102% 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 of Mukti Projects Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹41.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.6 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 of Mukti Projects Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -42.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mukti Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mukti Projects Limited
Mukti Projects Limited is compared with the companies closest to it by revenue in the Events and Entertainment industry (Entertainment Venues, Hotels, Mall Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kundan Developers Private Limited | ₹8.56 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Ags Hill Residency Private Limited | ₹8.56 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Tirupattur, Tamil Nadu, India |
| Hotel Rajtilak Pvt Ltd | ₹8.55 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Bhopal, Madhya Pradesh, India |
| Four Seasons Inns and Suites Private Limited | ₹8.54 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Surat, Gujarat, India |
| Jsy Infra Estate Management Services Private Limited | ₹8.53 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Noida, Uttar Pradesh, India |
| Mukti Projects Limited this company | ₹8.52 Cr (FY 2024) | •••• | •••• | -74.0% | •••• | Kolkata, West Bengal, India |
| Mindescapes Club Private Limited | ₹8.51 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Grand Machal Resorts & Clubs Private Limited | ₹8.51 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Indore, Madhya Pradesh, India |
| Sai Ram Developers Limited | ₹8.51 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Davanagere, Karnataka, India |
| M Dinshaw & Ranjit Hotels Private Limited | ₹8.51 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| Andaman Escapades Private Limited | ₹8.5 Cr (FY 2023) | •••• | •••• | 160.0% | •••• | Port Blair, Andaman and Nicobar Islands, India |
Peers are the five companies nearest above and the five nearest below Mukti Projects by revenue in the Events and Entertainment industry (Entertainment Venues, Hotels, Mall Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mukti Projects Limited
Mukti Projects Limited is audited by A R S K & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A R S K & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mukti Projects Limited
Mukti Projects has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Kumar Tiwari Also directs: Nathmall Girdharilall Steels Ltd, The Ganges Rope Company Ltd., Sumati Projects Ltd and 5 more | Director | 25 Oct 2021 | 4 Years 11 Months | Current |
| Govind Prasad Saraf Also directs: Agarwal Perfect Rolling Mills Pvt Ltd, Hilarious Apartments Private Limited, Devsuri Abasan Private Limited and 5 more | Director | 25 Oct 2021 | 4 Years 11 Months | Current |
| Naman Saraf | Director | 17 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of Mukti Projects Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mukti Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Dec 2019 | Others | ₹97.08 Cr | Satisfied |
| 08 Jan 2019 | Others | ₹4.01 Cr | Satisfied |
| 27 Jan 2014 | United Bank of India | ₹29.18 Cr | Satisfied |
| 27 Jan 2014 | United Bank of India | ₹170.35 Cr | Satisfied |
| 14 Jun 2013 | Others | ₹35.41 Cr | Satisfied |
Total charge records: 11 View all charges
Legal Cases of Mukti Projects Limited
Mukti Projects Limited has 5 court cases on record: 1 filed by Mukti Projects, 4 filed against it. 1 case is pending and 4 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMCD) | Filed against the company by Novex Communications Private Limited | Disposed |
| Bombay High Court | Court case (COMIP) | Filed against the company by Novex Communications Private Limited | Disposed |
| Calcutta High Court | Arbitration matter | Filed against the company by Cineplex Private Limited | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Union of India | Pending |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Mukti Projects Limited
Mukti Projects Limited has a workforce of 53 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Mukti Projects Limited
Mukti Projects has one previous CIN (Corporate Identification Number): U23119WB2003PLC061299. The current CIN is U74999WB2003PLC061299, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999WB2003PLC061299 | Current |
| U23119WB2003PLC061299 | Previous |
Recent Activity on Mukti Projects Limited
Mukti Projects Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Govind Prasad Saraf ceased to be Additional Director on 29 Sep 2023.
32 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mukti Projects Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mukti Projects Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mukti Projects Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mukti Projects Limited
Mukti Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACH6312B1Z3 | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mukti Projects Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mukti Projects Limited
Mukti Projects is an active public limited company based in Kolkata, West Bengal, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 30 December 2003 (23+ years old) and is registered under CIN U74999WB2003PLC061299.
Mukti Projects reported revenue of ₹8.52 Cr for FY 2024 (down 74% YoY).
Mukti Projects has 3 current directors:
- Sudhir Kumar Tiwari - Director
- Govind Prasad Saraf - Director
- Naman Saraf - Director
Mukti Projects reported a net loss of ₹3.6 Cr (net margin -42.3%) and EBITDA of -₹41.06 Lakh (EBITDA margin -4.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mukti Projects is 61% over three years and -25% over five years. In the latest year (FY 2024) revenue fell 74%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mukti Projects is 19AAACH6312B1Z3, registered in West Bengal.
The CIN (Corporate Identification Number) of Mukti Projects is U74999WB2003PLC061299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mukti Projects has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending.
Mukti Projects was incorporated on 30 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Mukti Projects by revenue are Kundan Developers Private Limited, Ags Hill Residency Private Limited, Hotel Rajtilak Pvt Ltd, Four Seasons Inns and Suites Private Limited, Jsy Infra Estate Management Services Private Limited and 5 more, all in the Events and Entertainment industry (Entertainment Venues, Hotels, Mall Management).
Govind Prasad Saraf ceased to be Additional Director on 29 Sep 2023. Sudhir Kumar Tiwari ceased to be Additional Director on 29 Sep 2023. Ashok Kumar Dalmia ceased to be Director on 25 Oct 2021. Mukti Projects has 12 board changes on record in total.