Parag Developments Pvt Ltd
About Parag Developments Pvt Ltd
Data last updated:
Parag Developments Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the building construction segment of the construction sector. It was incorporated on 04 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1987PTC042437.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.38 Lakh. It is led by directors including Chintaman Hira Patil and Amit Chintaman Patil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Swagat Building 1st Floor Kastur Park Borivali (West), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.98 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹74,825 (net margin 10.7%) and EBITDA of ₹88,655 (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 129% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parag Developments Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSwagat Building 1st Floor Kastur Park Borivali (West), Mumbai, Maharashtra, India – 400092
- IndustryConstruction, Buildings
To see the full contact details of Parag Developments Pvt Ltd, 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 Parag Developments is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Parag Developments Pvt Ltd, buy the company report.
Financials of Parag Developments Pvt Ltd
FY 2025 filings availableParag Developments Pvt Ltd reported revenue of ₹6.98 Lakh (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 27% growth in the latest year. EBITDA rose 115% 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 | ₹88,655 | ||||
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| Net Profit (PAT) | ₹74,825 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 10.7% | ||||
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To see the full financial statements and ratios of Parag Developments Pvt Ltd, buy the company report.
Board of directors of Parag Developments Pvt Ltd
Parag Developments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintaman Hira Patil Also directs: C H Patil & Sons LLP, Suchira Hotels Private Limited | Director | 14 Feb 1987 | 39 Years 8 Months | Current |
| Amit Chintaman Patil Also directs: C H Patil & Sons LLP, Suchira Hotels Private Limited | Director | 15 Dec 2005 | 20 Years 10 Months | Current |
| Rohit Chintaman Patil Also directs: C H Patil & Sons LLP, Suchira Hotels Private Limited | Director | 15 Dec 2005 | 20 Years 10 Months | Current |
Peer comparison
Parag Developments Pvt Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Buildvision Group Private Limited | ₹7 Lakh (FY 2024) | -83.0% | Delhi, India | |||
| Jankimani Realties Private Limited | ₹7 Lakh (FY 2025) | -53.0% | Mumbai, Maharashtra, India | |||
| Rajvi Buildwell Private Limited | ₹7 Lakh (FY 2025) | -92.0% | Nashik, Maharashtra, India | |||
| Cuneate Services Private Limited | ₹7 Lakh (FY 2025) | Thane, Maharashtra, India | ||||
| Om Properties Management Private Limited | ₹6.99 Lakh (FY 2025) | -41.0% | New Delhi, Delhi, India | |||
| Parag Developments Pvt Ltdthis company | ₹6.98 Lakh (FY 2025) | ₹74,825 | 10.7% | 27.0% | Mumbai, Maharashtra, India | |
| Kargil Properties Private Limited | ₹6.97 Lakh (FY 2024) | 469.0% | Pune, Maharashtra, India | |||
| Champion Agency Private Limited | ₹6.97 Lakh (FY 2024) | 5.0% | Mumbai, Maharashtra, India | |||
| R D Dyechem Private Limited | ₹6.95 Lakh (FY 2025) | -68.0% | Kolkata, West Bengal, India | |||
| Toga Logistics Private Limited | ₹6.95 Lakh (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Gigantic Properties Private Limited | ₹6.95 Lakh (FY 2025) | 12.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Parag Developments Pvt Ltd, buy the company report.
Auditor
Parag Developments Pvt Ltd is audited by SINGHVI & SANCHETI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHVI & SANCHETI | FY 2017 | 110286W |
Shareholding
The shareholding of Parag Developments Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Parag Developments Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Parag Developments Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parag Developments Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Parag Developments Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parag Developments Pvt Ltd has 4 board changes on record since 1987: 3 appointments and 1 cessation. The latest: Anandrao Dhondu Pawar ceased to be Director on 25 Sep 2019.
Frequently asked questions
Parag Developments is an active private limited company based in Mumbai, Maharashtra, India. The company works in buildings, within the construction industry. It was incorporated on 04 February 1987 (39+ years old) and is registered under CIN U65910MH1987PTC042437.
Parag Developments has 3 current directors:
- Chintaman Hira Patil - Director
- Amit Chintaman Patil - Director
- Rohit Chintaman Patil - Director
The latest financial statements of Parag Developments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Parag Developments is U65910MH1987PTC042437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parag Developments was incorporated on 04 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Parag Developments by revenue are Buildvision Group Private Limited, Jankimani Realties Private Limited, Rajvi Buildwell Private Limited, Cuneate Services Private Limited, Om Properties Management Private Limited and 5 more, all in the same principal business activity (real estate activities).
Anandrao Dhondu Pawar ceased to be Director on 25 Sep 2019. Amit Chintaman Patil was appointed as Director on 15 Dec 2005. Rohit Chintaman Patil was appointed as Director on 15 Dec 2005. Parag Developments has 4 board changes on record in total.
The registered office of Parag Developments is at Swagat Building 1st Floor Kastur Park Borivali West, Mumbai, Maharashtra, India – 400092.
Parag Developments operates in the construction industry, in the buildings segment.
The compliance status of Parag Developments is compliant as of 12 July 2026. The company is actively filing with the Registrar of Companies.
Parag Developments can be reached at its registered office: Swagat Building 1st Floor Kastur Park Borivali West, Mumbai, Maharashtra, India – 400092.