MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0208570
Naiknavare Developers Private Limited - real estate and construction in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹248.32 Cr
▲ 26% YoY
Net profit · FY 2025
₹54.02 Cr
Net margin 21.8%
EBITDA · FY 2025
₹60.33 Cr
EBITDA margin 24.3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹14.29 Cr
Satisfied ₹1,008.73 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
95
Provident fund records
About Naiknavare Developers Private Limited
Data last updated:
Naiknavare Developers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2007PTC131033. Its GSTIN is 27AACCN6706F1ZK (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Hemant Naiknavare Dattaji and Ranjit Dattaji Naiknavare.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1204/4 Ghole Road Shivaji Nagar, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹248.32 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹54.02 Cr (net margin 21.8%) and EBITDA of ₹60.33 Cr (EBITDA margin 24.3%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 45% over five years.
The company has about 95 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Naiknavare. As per MCA filings, the company has open charges of ₹14.29 Cr and satisfied charges of ₹1,008.73 Cr on record. Court records list 65 cases involving the company, including 31 filed by the company and 34 filed against it; 15 cases are pending. The company has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹75 Cr; the latest was in November 2021. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 2 smaller; the largest is RMZ Hotels Private Limited with revenue of ₹249.47 Cr. The company has 2 MSME Form 1 returns on record between 2020 and 2021, listing 7 overdue payments to 7 micro and small suppliers.
Naiknavare Developers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0208570). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naiknavare.com.
Company details
CIN U45200PN2007PTC131033
Registration Number 131033
Incorporation Date 26 November 2007
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0208570
Recognitions & Rankings of Naiknavare Developers
Contact details
Naiknavare Developers Private Limited's registered office is in Pune, Maharashtra. Its website is naiknavare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1204/4 Ghole Road Shivaji Nagar, Pune, Maharashtra, India – 411004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Naiknavare Developers Private Limited, buy the company report.
Comprehensive company report
Naiknavare 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
Naiknavare Developers operates one associated brand: Naiknavare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial real estate development services are provided. | naiknavare.com |
Business activity
The main business activity of Naiknavare Developers 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 Naiknavare Developers Private Limited, buy the company report.
Financials of Naiknavare Developers Private Limited
FY 2025 filings availableNaiknavare Developers Private Limited reported revenue of ₹248.32 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹248.32 Cr ▲ 26%
Net profit · FY 2025
₹54.02 Cr margin 21.8%
EBITDA · FY 2025
₹60.33 Cr margin 24.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 63%
5 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 142%
5 years · compounded
▲ 44%
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 26% growth in the latest year. EBITDA rose 67% 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 | ₹60.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.02 Cr | ||||
| Balance Sheet | |||||
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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 | 24.3% | ||||
| Net Profit Margin | 21.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Naiknavare Developers Private Limited, buy the company report.
Board of directors of Naiknavare Developers Private Limited
Naiknavare Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Naiknavare Dattaji Also directs: Naiknavare Townships LLP, Naiknavare Profile Developers LLP, Naiknavare Profile Environ Housing LLP and 5 more | Director | 26 Nov 2007 | 18 Years 10 Months | Current |
| Ranjit Dattaji Naiknavare Also directs: Naiknavare Townships LLP, Naiknavare Profile Developers LLP, Naiknavare Profile Environ Housing LLP and 5 more | Director | 26 Nov 2007 | 18 Years 10 Months | Current |
Peer comparison
Naiknavare Developers Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| RMZ Hotels Private Limited | ₹249.47 Cr (FY 2025) | 109.0% | Bangalore, Karnataka, India | |||
| Star Landcraft Private Limited | ₹249.19 Cr (FY 2025) | -39.0% | Noida, Uttar Pradesh, India | |||
| Golden Rocks Realtors Private Limited | ₹248.63 Cr (FY 2025) | 155.0% | Jaipur, Rajasthan, India | |||
| Naiknavare Developers Private Limitedthis company | ₹248.32 Cr (FY 2025) | ₹54.02 Cr | 21.8% | 26.0% | 95 | Pune, Maharashtra, India |
| S.M.R. Builders Pvt Ltd | ₹247.6 Cr (FY 2023) | 108.0% | Telangana, India | |||
| Transcon - Sheth Creators Private Limited | ₹247.52 Cr (FY 2023) | -50.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Naiknavare Developers Private Limited, buy the company report.
Auditor
Naiknavare Developers Private Limited is audited by K K S S & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K S S & ASSOCIATES | FY 2022 | 130803W |
Shareholding
The shareholding of Naiknavare Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Naiknavare Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.29 Cr
Satisfied charges
₹1,008.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2024 | 101026266 | Tjsb Sahakari Bank Limited | ₹10 Lakh | Open | |
| 01 Jun 2019 | 100269233 | Tjsb Sahakari Bank Limited | ₹19 Lakh | Open | |
| 04 Oct 2018 | 100212892 | Tjsb Sahakari Bank Limited | ₹14 Cr | Open | |
| 29 Mar 2019 | 100259759 | Others | ₹75 Cr | Satisfied | |
| 16 Mar 2018 | 100181791 | Others | ₹120 Cr | Satisfied |
To see the full charge records of Naiknavare Developers Private Limited, buy the company report.
Total charge records: 39 View all charges
Deals & funding
Naiknavare Developers Private Limited has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹75 Cr; the latest was in November 2021.
Total deals
13
Secondary share transfers
12
Funding round
1
Disclosed funding
₹75 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| May 2019 | Funding round | ₹75 Cr | Investors: Ask Property Investment Advisors Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Aluform Construction System Private Limited |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
To see the full deal history of Naiknavare 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
Naiknavare Developers Private Limited has 65 court cases on record: 31 filed by Naiknavare Developers, 34 filed against it. 15 cases are pending and 50 are disposed.
Total cases
65
Filed by the company
31
Filed against the company
34
Pending
15
Disposed
50
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 27 | 9 |
| High courts | 18 | 7 | 6 |
| Supreme Court | 4 | 0 | 0 |
Cases on record (5 of 65)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against M/S Adinath Landspace LLP and 2 others | Pending |
| Bombay High Court | Writ petition | Filed by the company against Parvati Land Developers LLP and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by HDFC Bank Ltd. Through Amarjeet B. Pandekar | Disposed |
| Bombay High Court | Commercial suit | Filed against the company by Idfc First Bank Limited, | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by Idfc First Bank Limited | Disposed |
To see the full case history of Naiknavare 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
Naiknavare Developers Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 7 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Parvanda Enterprises | |||
| Pandp Aqua Private Limited | |||
| Sonal Ceramics | |||
| an individual supplier | |||
| MRJ Home Improvement Private Limited |
To see the full MSME payment records of Naiknavare Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Naiknavare Developers has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Naiknavare Housing Developments Private Limited | U45202PN2007PTC129973 | |
| Naiknavare Constructions Private Limited | U45202PN2007PTC130271 |
To see the full group structure of Naiknavare Developers Private Limited, buy the company report.
Employees & EPFO
Naiknavare Developers Private Limited has a workforce of 95 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
Employee count
95
Active EPFO establishments
2
Employee growth
-20.17%
GST
Naiknavare Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN6706F1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Naiknavare Developers Private Limited, buy the company report.
Recent activity
Naiknavare Developers Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Dattaji Prabhuji Naiknavare ceased to be Director on 07 Mar 2017.
Charges
A charge registered on 22 Jul 2016 via Charge ID 100042958 with Others was fully satisfied on 05 Jan 2026.
AGM
Naiknavare Developers Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
A charge registered on 07 Feb 2017 via Charge ID 100098047 with Hdfc Bank Limited was fully satisfied on 11 Jul 2025.
Charges
A charge registered on 28 Dec 2016 via Charge ID 100069847 with Hdfc Bank Limited was fully satisfied on 11 Jul 2025.
Charges
A charge registered on 14 Sep 2016 via Charge ID 100052723 with Others was fully satisfied on 11 Jul 2025.
Charges
A charge registered on 29 Mar 2019 via Charge ID 100259759 with Others was fully satisfied on 17 Apr 2025.
Charges
A charge registered on 20 Dec 2017 via Charge ID 100161782 with Others was fully satisfied on 17 Apr 2025.
Filing
Naiknavare Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101026266 was registered on 23 Oct 2024.
Charges
A charge registered on 29 Nov 2016 via Charge ID 100071042 with Others was fully satisfied on 11 Oct 2023.
Charges
A charge registered on 16 Mar 2018 via Charge ID 100181791 with Others was fully satisfied on 20 Oct 2022.
Charges
A charge with Others of Rs. 75.00 Cr registered on 29 Mar 2019 with Charge ID 100259759 was modified on 31 Jan 2022.
81 earlier events are in the company report.
News
Frequently asked questions
Naiknavare Developers is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 November 2007 (19+ years old) and is registered under CIN U45200PN2007PTC131033.
Naiknavare Developers has 2 current directors:
- Hemant Naiknavare Dattaji - Director
- Ranjit Dattaji Naiknavare - Director
The latest financial statements of Naiknavare Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Naiknavare Developers is 27AACCN6706F1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Naiknavare Developers is U45200PN2007PTC131033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naiknavare Developers has 65 court cases on record: 31 filed by the company and 34 filed against it. 15 are pending. Most are in the district courts.
Naiknavare Developers was incorporated on 26 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Naiknavare Developers has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹75 Cr; the latest was in November 2021.
The peers of Naiknavare Developers by revenue are RMZ Hotels Private Limited, Star Landcraft Private Limited, Golden Rocks Realtors Private Limited, S.M.R. Builders Pvt Ltd, Transcon - Sheth Creators Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Dattaji Prabhuji Naiknavare ceased to be Director on 07 Mar 2017. Gauri Hemant Naiknavare ceased to be Director on 07 Mar 2017. Hemant Naiknavare Dattaji was appointed as Director on 26 Nov 2007. Naiknavare Developers has 4 board changes on record in total.
Yes, Naiknavare Developers is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0208570).
Naiknavare Developers has 2 MSME Form 1 returns on record between 2020 and 2021, listing 7 overdue payments to 7 micro and small suppliers. The latest return was filed on 21 Oct 2021.