About Paliwal Real Estate Limited
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Paliwal Real Estate Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Dlf Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2003PLC123061. Its GSTIN is 07AADCP1900E1ZZ (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2,004.7 Cr and a paid-up capital of ₹751 Cr. It was formerly known as Paliwal Real Estate Private Limited. It is led by directors including Baljeet Singh and Manish Mehrotra.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at DLF Centresansad Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹483.22 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹85.12 Cr (net margin 17.6%) and EBITDA of ₹335.04 Cr (EBITDA margin 69.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 6% over five years.
The company is associated with 1 brand: DLF India. As per MCA filings, the company has open charges of ₹1,500 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 9 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹890.25 Cr; the latest was in September 2021. Its 5 peer companies in the Business Services industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 2 smaller; the largest is Vrihis Properties Private Limited with revenue of ₹488.23 Cr. The company has 21 MSME Form 1 returns on record between 2019 and 2024, listing 778 overdue payments to 117 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dlf.in.
Company details
CIN history
Paliwal Real Estate has one previous CIN (Corporate Identification Number): U45201DL2003PTC123061. The current CIN is U45201DL2003PLC123061, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201DL2003PLC123061 | Current |
| U45201DL2003PTC123061 | Previous |
Contact details
Paliwal Real Estate Limited's registered office is in New Delhi, Delhi. Its website is dlf.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDLF Centresansad Marg, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Paliwal Real Estate 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 Paliwal Real Estate is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Paliwal Real Estate Limited, buy the company report.
Financials of Paliwal Real Estate Limited
FY 2025 filings availablePaliwal Real Estate Limited reported revenue of ₹483.22 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 5% growth in the latest year. EBITDA rose 7% 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 | ₹335.04 Cr | ||||
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| Net Profit (PAT) | ₹85.12 Cr | ||||
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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 | 69.3% | ||||
| Net Profit Margin | 17.6% | ||||
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To see the full financial statements and ratios of Paliwal Real Estate Limited, buy the company report.
Board of directors of Paliwal Real Estate Limited
Paliwal Real Estate has 4 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baljeet Singh Also directs: DLF Info City Developers (Chandigarh) Limited, Nambi Buildwell Limited, DLF Info City Chennai Limited and 2 more | Director | 23 Oct 2023 | 3 Years 0 Months | Current |
| Manish Mehrotra Also directs: Nambi Buildwell Limited, DLF Promenade Limited | Director | 25 Mar 2021 | 5 Years 7 Months | Current |
| Shibli Khan | Manager | 23 Oct 2023 | 3 Years 0 Months | Current |
| Gitanjali Singh Also directs: Nambi Buildwell Limited | Director | 18 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Paliwal Real Estate Limited is compared with the 5 companies closest to it by revenue in the Business Services industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vrihis Properties Private Limited | ₹488.23 Cr (FY 2022) | 2.0% | Mumbai, Maharashtra, India | |||
| South City Projects (Kolkata) Limited | ₹488.08 Cr (FY 2024) | -16.0% | Kolkata, West Bengal, India | |||
| Gillco Developers and Builders Private Limited | ₹484.43 Cr (FY 2023) | 442.0% | Kharar, Punjab, India | |||
| Paliwal Real Estate Limitedthis company | ₹483.22 Cr (FY 2025) | ₹85.12 Cr | 17.6% | 5.0% | New Delhi, Delhi, India | |
| Tulip Infratech Private Limited | ₹482.71 Cr (FY 2025) | 68.0% | New Delhi, Delhi, India | |||
| Mani Square Limited | ₹477.89 Cr (FY 2024) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Paliwal Real Estate Limited, buy the company report.
Auditor
Paliwal Real Estate Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2022 | 301003E/E300005 |
Shareholding
The shareholding of Paliwal Real Estate 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 Paliwal Real Estate Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2019 | 100284865 | Others | ₹1,500 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Paliwal Real Estate Limited has 9 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹890.25 Cr; the latest was in September 2021.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: DLF Cyber City Developers Limited , DLF Emporio Limited Seller: DLF Limited, DLF Cyber City Developers Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Seller: DLF Home Developers Limited |
| Jun 2019 | Funding round | ₹650 Cr | Investors: DLF Cyber City Developers Limited |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: DLF Home Developers Limited Seller: DLF Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: DLF Limited Seller: Diwakar Estates Private Limited |
To see the full deal history of Paliwal Real Estate 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
Paliwal Real Estate Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by M/S Charming Embroideries Private Limited | Disposed |
To see the full case history of Paliwal Real Estate 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
Paliwal Real Estate Limited has 21 MSME Form 1 returns on record between 2019 and 2024, listing 778 overdue payments to 117 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 117)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Wantasanta Private Limited | |||
| Star Engineering Chemicals Applicators Private Limited | |||
| Optimal Consultancy Services Private Limited | |||
| Mind Worm Industries Limited |
To see the full MSME payment records of Paliwal Real Estate Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Paliwal Real Estate has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCP1900E1ZZ | Delhi | Active | 01 Jul 2017 |
| 09AADCP1900E1ZV | Uttar Pradesh | Active | 21 Mar 2019 |
To see the full GST registrations and return filing status of Paliwal Real Estate Limited, buy the company report.
Recent activity
Paliwal Real Estate Limited has 22 board changes on record since 2007: 4 appointments and 18 cessations. The latest: Gitanjali Singh ceased to be Additional Director on 27 Jul 2025.
14 earlier events are in the company report.
News
Frequently asked questions
Paliwal Real Estate is an active public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 November 2003 (23+ years old) and is registered under CIN U45201DL2003PLC123061.
Paliwal Real Estate has 4 current directors:
- Baljeet Singh - Director
- Manish Mehrotra - Director
- Gitanjali Singh - Director
- Shibli Khan - Manager
The latest financial statements of Paliwal Real Estate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Paliwal Real Estate is 07AADCP1900E1ZZ, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AADCP1900E1ZV (Uttar Pradesh).
The CIN (Corporate Identification Number) of Paliwal Real Estate is U45201DL2003PLC123061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paliwal Real Estate has 1 court case on record: 1 filed against it.
Paliwal Real Estate was incorporated on 13 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Paliwal Real Estate has 9 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹890.25 Cr; the latest was in September 2021.
The peers of Paliwal Real Estate by revenue are Vrihis Properties Private Limited, South City Projects (Kolkata) Limited, Gillco Developers and Builders Private Limited, Tulip Infratech Private Limited, Mani Square Limited, all in the Business Services industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property).
Gitanjali Singh ceased to be Additional Director on 27 Jul 2025. Gitanjali Singh was appointed as Director on 18 Oct 2024. Ritika Jain ceased to be Additional Director on 31 Jul 2024. Paliwal Real Estate has 22 board changes on record in total.
Paliwal Real Estate has 21 MSME Form 1 returns on record between 2019 and 2024, listing 778 overdue payments to 117 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Paliwal Real Estate can be reached through the website dlf.in. Its registered office is in New Delhi, Delhi, India.
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