Narang Developers Private Limited
About Narang Developers Private Limited
Data last updated: 16 July 2025
Narang Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bombay Isle Developers Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 09 November 1990, the company has been in operation for over 36 years.
Registered with ROC Mumbai under CIN U45200MH1990PTC058917.
Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Rakesh Hansraj Bothra and Amit Amarchand Narang.
Last AGM: 30 September 2023. Financial statements filed for year ended 31 March 2023. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.22 Lakh, a decline of 21% compared to the previous year.
It operates as a subsidiary of Bombay Isle Developers Private Limited.
As per MCA filings, the company has open charges of ₹52.85 Cr and satisfied charges of ₹16 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments.
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Registered AddressNarang Manor Plot No 96 – B Ground Floor 15Th Road, B Andra – W India, Mumbai, Maharashtra, India – 400050
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Auditor Details of Narang Developers Private Limited
Narang Developers Private Limited is audited by Vipul Subhash & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vipul Subhash & Associates | Locked | Locked | Locked |
Complete auditor history for Narang Developers Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Narang Developers Private Limited
Narang Developers Private Limited is currently managed by 3 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Rakesh Hansraj Bothra
Also directs:
Tatkal Loan India Private Limited
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Irp/Rp/Liquidator | 30 Apr 2024 | 2 Years 2 Months | As last reported |
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Amit Amarchand Narang
Also directs:
Narang And Mahaveer Developers Llp, Ameet Narang Landschaft Llp, Csango Industries Private Limited and 5 more
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Director | 24 Jul 1996 | 30 Years 0 Months | As last reported |
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Gunit Amit Narang
Also directs:
Ameet Narang Landschaft Llp, Csango Industries Private Limited, Navrang Leathers Pvt Ltd and 5 more
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Director | 31 Mar 2008 | 18 Years 3 Months | As last reported |
Financials of Narang Developers Private Limited FY 2023 filings available
Narang Developers Private Limited reported revenue of ₹23.22 Lakh (down 21.00% YoY) for FY 2023.
Ten-year financial statements for Narang Developers Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Narang Developers Private Limited
Shareholding and ownership data for Narang Developers Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Charges & Borrowings of Narang Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2018 | Others | ₹15 Cr | Open |
| 31 Mar 2017 | Indian Bank | ₹7.85 Cr | Open |
| 30 Sep 2011 | Sicom Limited | ₹9 Cr | Open |
| 30 Sep 2011 | Sicom Limited | ₹10 Cr | Open |
| 30 Sep 2011 | Sicom Limited | ₹11 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Narang Developers Private Limited
View historical data on people associated with Narang Developers Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Narang Developers Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Narang Developers Private Limited
GST registrations and filing compliance for Narang Developers Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Narang Developers Private Limited
Credit ratings, litigation, and regulatory alerts for Narang Developers Private Limited
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MSME Payment Delays by Narang Developers Private Limited
MSME payment history for Narang Developers Private Limited
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Subsidiaries & Group Companies of Narang Developers Private Limited
Corporate group structure for Narang Developers Private Limited
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MCA Filings & Documents of Narang Developers Private Limited
MCA filings and documents for Narang Developers Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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Recent Activity on Narang Developers Private Limited
Frequently Asked Questions about Narang Developers Private Limited
Narang Developers Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Narang Developers Private Limited is a company under insolvency, formerly operating as a private limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 09 November 1990 and is registered under CIN U45200MH1990PTC058917. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Narang Developers Private Limited reported revenue of ₹23.22 Lakh for FY 2023 (down 21.00% YoY).
The current directors of Narang Developers Private Limited are:
- Rakesh Hansraj Bothra - Irp/Rp/Liquidator
- Amit Amarchand Narang - Director
- Gunit Amit Narang - Director
The CIN (Corporate Identification Number) of Narang Developers Private Limited is U45200MH1990PTC058917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narang Developers Private Limited has open charges of ₹52.85 Cr and satisfied charges of ₹16 Cr as per latest MCA filings.