Narang Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Mumbai, Maharashtra, India, established in 1990.
1990 Mumbai, Maharashtra, India Under Cirp
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About Narang Developers Private Limited

Narang Developers Private Limited, a under cirp private limited company, was established on 09 November 1990 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U45200MH1990PTC058917. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹2.50 M.

It upholds a compliant status. Its leadership includes Rakesh Hansraj Bothra (Irp/Rp/Liquidator), Amit Amarchand Narang (Director), Gunit Amit Narang (Director). Past directors included Dilip L Narang, Kunal Dilip Narang, Amarchand Lakhmichand Narang. It holds ₹52.85 Cr open charges and ₹16.00 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at Narang Manor Plot No 96-B, Ground Floor, 15Th Road, B Andra-W India, Mumbai, Maharashtra, 400050.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45200MH1990PTC058917

  • Registration Number

    058917

  • Incorporation Date

    09 November 1990

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹2.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 35 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 52.85 Cr
  • Satisfied Charges ₹ 16.00 Cr
  • Revenue Growth **** -20.53%
  • Profit Growth **** 20.53%
  • Ebitda **** -65.20%
  • Net Worth -0.17%
  • Total Assets **** 1.94%
Company report

Narang Developers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Narang Developers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Narang Developers Private Limited?
Current Directors
Name Designation Appointment Date Status
Rakesh Hansraj Bothra Irp/Rp/Liquidator 30 Apr 2024 Current
Amit Amarchand Narang Director 24 Jul 1996 Current
Gunit Amit Narang Director 31 Mar 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Mar 2012 Past
Pramod Abcsdd Additional Director 29 Sep 2012 Past
Pramod Abcsdd Director 11 Sep 2015 Past

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Financial Performance of Narang Developers.

Narang Developers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.53% decrease. The company also saw a substantial improvement in profitability, with a 20.53% increase in profit. The company's net worth dipped by a decrease of 0.17%.

Narang Developers revenue growth over time
Narang Developers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -20.53%
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Revenue from Operations
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*******
Total Assets
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 1.94%
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Profit or Loss
*******
 20.53%
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Net Worth
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 -0.17%
*******
*******
*******
*******
EBITDA
*******
 -65.20%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Narang Developers?

In 2023, Narang Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹528,500,000.00

Satisfied Charges

₹160,000,000.00

Charges Breakdown by Lending Institutions
  • Sicom Limited : 30.00 Cr
  • Others : 15.00 Cr
  • Indian Bank : 7.85 Cr
Latest Charge Details
Date Lender Amount Status
03 May 2018 Others ₹15.00 Cr Open
31 Mar 2017 Indian Bank ₹7.85 Cr Open
30 Sep 2011 Sicom Limited ₹9.00 Cr Open
30 Sep 2011 Sicom Limited ₹10.00 Cr Open
30 Sep 2011 Sicom Limited ₹11.00 Cr Open

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How Many Employees Work at Narang Developers?

Unlock and access historical data on people associated with Narang Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Narang Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Narang Developers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Narang Developers
Recent Activity within the Organization
  • Director Appointment

    Rakesh Hansraj Bothra was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 30 Apr 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.

  • Annual General Meeting

    The activity Narang Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was completed.

  • Balance Sheet

    Narang Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 150.00 M with Charge ID 100190965 was registered on 03 May 2018. was documented.

  • Charges

    A charge with Indian Bank amounted to Rs. 78.50 M with Charge ID 100091719 was registered on 31 Mar 2017. was recorded as a recent event.

  • Charges

    A charge registered on 10 Sep 2014 via Charge ID 10529121 with Sicom Limited was fully satisfied on 31 Mar 2017. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Narang Developers Private Limited?

The CIN of Narang Developers Private Limited is U45200MH1990PTC058917.

Where is Narang Developers Private Limited headquartered?

Narang Developers Private Limited is headquartered at Narang Manor Plot No 96-B, Ground Floor, 15Th Road, B Andra-W India, Mumbai, Maharashtra, 400050.

When was Narang Developers Private Limited incorporated?

Narang Developers Private Limited was incorporated on 09 November 1990.

Who are the current directors of Narang Developers Private Limited?

The current directors of Narang Developers Private Limited are

What is the primary industry of Narang Developers Private Limited?

The primary industry of Narang Developers Private Limited is Construction.

Is Narang Developers Private Limited a listed company?

Narang Developers Private Limited is unlisted.

What is the capital structure of Narang Developers Private Limited?

The authorized capital of Narang Developers Private Limited is ₹5.00 M, and the paid-up capital is ₹2.50 M.

What is the compliance status of Narang Developers Private Limited?

The compliance status of Narang Developers Private Limited is Compliant.

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