Murano Developers Private Limited.
About Murano Developers Private Limited.
Data last updated:
Murano Developers Private Limited. is a private limited company based in Jaipur, Rajasthan, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U45201RJ2007PTC024200. Its GSTIN is 08AAFCM0318R1Z5 (Rajasthan).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors including Deepak Khushalani and Abhishek Pal Singh.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 7 4th Floor Unique Destination Laxmi Mandir Crossing Tonk Road, Jaipur, Rajasthan, India – 302015.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.75 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹2.26 Lakh (net margin -0.8%) and EBITDA of ₹55.73 Lakh (EBITDA margin 20.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹3.51 Cr and satisfied charges of ₹37 Cr on record. Court records list 20 cases involving the company, including 20 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Murano Developers Private Limited.'s registered office is in Jaipur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No. 7 4th Floor Unique Destination Laxmi Mandir Crossing Tonk Road, Jaipur, Rajasthan, India – 302015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Murano 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
Business activity
The main business activity of Murano Developers Private Limited 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 Murano Developers Private Limited., buy the company report.
Financials of Murano Developers Private Limited.
FY 2025 filings availableMurano Developers Private Limited. reported revenue of ₹2.75 Cr (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 40% fall in the latest year. EBITDA fell 42% 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 |
|---|---|---|---|---|---|
| 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 | ₹55.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.26 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.3% | ||||
| Net Profit Margin | -0.8% | ||||
| 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 Murano Developers Private Limited., buy the company report.
Board of directors of Murano Developers Private Limited.
Murano Developers Private Limited has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Khushalani Also directs: Nova Buildhome Private Limited, Unique Lifestyle Homes Private Limited, Metro Lifestyle Homes Private Limited and 1 more | Director | 14 Jan 2008 | 18 Years 10 Months | Current |
| Abhishek Pal Singh | Director | 16 Jun 2010 | 16 Years 4 Months | Current |
| Kishan Khushalani Also directs: Murano Service Apartments Private Limited, Shree Ramdev Dream Homes LLP, Manifest Ventures LLP and 1 more | Director | 05 Feb 2008 | 18 Years 9 Months | Current |
| Vibhishek Pal Singh | Director | 16 Jun 2010 | 16 Years 4 Months | Current |
| Sapna Khushalani Also directs: Nova Buildhome Private Limited | Director | 14 Jan 2008 | 18 Years 10 Months | Current |
| Ramesh Kumar Mulchandani | Director | 13 Apr 2007 | 19 Years 7 Months | Current |
Peer comparison
Murano Developers Private Limited. is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Murano Developers Private Limited.this company | ₹2.75 Cr (FY 2025) | -₹2.26 Lakh | -0.8% | -40.0% | Jaipur, Rajasthan, India | |
| Alterra Projects Private Limited | ₹2.75 Cr (FY 2025) | 377.0% | Hyderabad, Telangana, India | |||
| Ug Projects Private Limited | ₹2.75 Cr (FY 2024) | 335.0% | Bhubaneswar, Odisha, India | |||
| Omshakti Infrastructure Private Limited | ₹2.75 Cr (FY 2023) | 34.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Murano Developers Private Limited., buy the company report.
Auditor
Murano Developers Private Limited. is audited by R K MALPANI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K MALPANI & ASSOCIATES | FY 2018 | 002759C |
Shareholding
The shareholding of Murano Developers Private Limited. is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Murano Developers Private Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2020 | 100368753 | Others | ₹3.51 Cr | Open | |
| 28 Sep 2016 | 100056588 | Others | ₹5 Cr | Satisfied | |
| 08 Apr 2015 | 10570738 | Srei Equipment Finance Limited | ₹2.5 Cr | Satisfied | |
| 08 Apr 2015 | 10570940 | Srei Equipment Finance Limited | ₹2.5 Cr | Satisfied | |
| 15 May 2011 | 10292572 | Srei Equipment Finance Private Limited | ₹10 Cr | Satisfied |
To see the full charge records of Murano Developers Private Limited., buy the company report.
Total charge records: 6 View all charges
Legal cases
Murano Developers Private Limited. has 20 court cases on record: 20 filed against it. 1 case is pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 1 |
| High courts | 4 | 4 | 0 |
| Supreme Court | 4 | 4 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Srei Equipment Finance Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Srei Equipment Finance Limited | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by PR. Commissioner of Income Tax 1 New Central Revenue Building, Statue Circle, Jaipur 2 , District: Jaipur ,Jaipur , Rajasthan | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by PR. Commissioner of Income Tax 1 Jaipur PR. Commissioner of Income Tax 1 Jaipur New Central Revenue Building, Statue Circle, Jaipur-2, Jaipur ,Jaipur , Rajasthan | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by Principal Commissioner of Income Tax 1 Director Director New Central Revenue Building, Statue Circle Jaipur 2 Jaipur , District: Jaipur ,Jaipur , Rajasthan | Disposed |
To see the full case history of Murano 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 Murano Developers Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Murano Developers Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCM0318R1Z5 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Murano Developers Private Limited., buy the company report.
Recent activity
Murano Developers Private Limited. has 13 board changes on record since 2007: 6 appointments and 7 cessations. The latest: Vibhishek Pal Singh ceased to be Director on 01 Oct 2015.
16 earlier events are in the company report.
Frequently asked questions
Murano Developers Private Limited is an active private limited company based in Jaipur, Rajasthan, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 April 2007 (19+ years old) and is registered under CIN U45201RJ2007PTC024200.
Murano Developers Private Limited has 6 current directors:
- Deepak Khushalani - Director
- Abhishek Pal Singh - Director
- Kishan Khushalani - Director
- Vibhishek Pal Singh - Director
- Sapna Khushalani - Director
- Ramesh Kumar Mulchandani - Director
The latest financial statements of Murano Developers Private Limited on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Murano Developers Private Limited is 08AAFCM0318R1Z5, registered in Rajasthan.
The CIN (Corporate Identification Number) of Murano Developers Private Limited is U45201RJ2007PTC024200. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Murano Developers Private Limited has 20 court cases on record: 20 filed against it. 1 is pending. Most are in the district courts.
Murano Developers Private Limited was incorporated on 13 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Murano Developers Private Limited by revenue are Alterra Projects Private Limited, Ug Projects Private Limited, Omshakti Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Vibhishek Pal Singh ceased to be Director on 01 Oct 2015. Abhishek Pal Singh ceased to be Additional Director on 18 Aug 2010. Abhishek Pal Singh was appointed as Director on 16 Jun 2010. Murano Developers Private Limited has 13 board changes on record in total.
The registered office of Murano Developers Private Limited is at Office No. 7 4th Floor Unique Destination Laxmi Mandir Crossing Tonk Road, Jaipur, Rajasthan, India – 302015.
Murano Developers Private Limited operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
