About Sobo Estate Development Private Limited
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Sobo Estate Development Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Moltana Holdings Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PTC176925. Its GSTIN is 27AAACO9958J2ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹180 Cr and a paid-up capital of ₹167.66 Cr. It was formerly known as Orbit Highcity Private Limited. It is led by directors including Kuldip Bhargava and Shyamlal Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Jindal Mansion 5A Dr. G. Deshmukh Marg Peddar Road, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.48 Lakh. For the same year it recorded a net profit of ₹8.48 Lakh (net margin 130.9%) and EBITDA of ₹10.94 Cr. Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 4% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14 Lakh on record. Court records list 18 cases involving the company, including 9 filed by the company and 9 filed against it; 8 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹274 Cr; the latest was in June 2011.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orbitcorp.com.
Company details
Contact details
Sobo Estate Development Private Limited's registered office is in Mumbai, Maharashtra. Its website is orbitcorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJindal Mansion 5A Dr. G. Deshmukh Marg Peddar Road, Mumbai, Maharashtra, India – 400026
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sobo Estate Development 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
Financials of Sobo Estate Development Private Limited
FY 2024 filings availableSobo Estate Development Private Limited reported revenue of ₹6.48 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.48 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.48 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 130.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sobo Estate Development Private Limited, buy the company report.
Board of directors of Sobo Estate Development Private Limited
Sobo Estate Development has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuldip Bhargava | Director | 04 Aug 2017 | 9 Years 2 Months | Current |
| Shyamlal Agarwal | Director | 04 Aug 2017 | 9 Years 2 Months | Current |
| Devendra Kumar Hindka | Director | 05 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Sobo Estate Development Private Limited is audited by N.C. Aggarwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.C. Aggarwal & Co. | FY 2023 | 003273N |
Shareholding
The shareholding of Sobo Estate Development Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sobo Estate Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2009 | 10181451 | Canara Bank | ₹14 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Sobo Estate Development Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹274 Cr; the latest was in June 2011.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2011 | Funding round | ₹200 Cr | Investors: Rodere Holdings Limited |
| Feb 2010 | Funding round | ₹74 Cr | Investors: Orbit Corporation Limited , IL&FS Investment Managers |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: Orbit Corporation Limited Seller: 2 individuals |
To see the full deal history of Sobo Estate Development 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
Sobo Estate Development Private Limited has 18 court cases on record: 9 filed by Sobo Estate Development, 9 filed against it. 8 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 7 |
| High courts | 9 | 6 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Court case (M.C.A.) | Filed by the company against Countryside Agriculture Pvt Ltd and 1 other | Pending |
| Bombay High Court | Court case (CHSCD) | Filed against the company by Vistra Itcl (India) Limited and 2 Ors | Disposed |
| Bombay High Court | Commercial suit | Filed against the company by Vistra Itcl (India) Limited and 2 Ors | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by Vistra Itcl (India) Limited and 2 Ors | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Il and FS Trust Company Limited and 4 Ors and 4 others | Disposed |
To see the full case history of Sobo Estate Development 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 Sobo Estate Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sobo Estate Development Private Limited has a workforce of 5 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Sobo Estate Development has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO9958J2ZR | Maharashtra | Active | 09 May 2018 |
To see the full GST registrations and return filing status of Sobo Estate Development Private Limited, buy the company report.
Recent activity
Sobo Estate Development Private Limited has 21 board changes on record since 2010: 3 appointments and 18 cessations. The latest: Devendra Kumar Hindka ceased to be Additional Director on 29 Sep 2025.
13 earlier events are in the company report.
Frequently asked questions
Sobo Estate Development is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 December 2007 (19+ years old) and is registered under CIN U45400MH2007PTC176925.
Sobo Estate Development has 3 current directors:
- Kuldip Bhargava - Director
- Shyamlal Agarwal - Director
- Devendra Kumar Hindka - Director
The latest financial statements of Sobo Estate Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sobo Estate Development is 27AAACO9958J2ZR, 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 Sobo Estate Development is U45400MH2007PTC176925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sobo Estate Development has 18 court cases on record: 9 filed by the company and 9 filed against it. 8 are pending. Most are in the district courts.
Sobo Estate Development was incorporated on 19 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Sobo Estate Development has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹274 Cr; the latest was in June 2011.
Devendra Kumar Hindka ceased to be Additional Director on 29 Sep 2025. Devendra Kumar Hindka was appointed as Director on 05 Mar 2025. Mangesh Vamsi Gali ceased to be Nominee Director on 05 Aug 2022. Sobo Estate Development has 21 board changes on record in total.
Sobo Estate Development can be reached through the website orbitcorp.com. Its registered office is in Mumbai, Maharashtra, India.