- #941 Kamal Khetan & family ₹3,100 Cr

About Piramal Sunteck Realty Private Limited
Data last updated:
Piramal Sunteck Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 November 2007 and has been in existence for over 19 years.
Its director Kamal Khetan and family are #941 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2007PTC176348. Its GSTIN is 27AAECP4731G1ZH (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹69.25 Lakh. It is led by directors including Kamal Khetan and Prashant Chaubey.
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 8th Floor Piramal Tower Ganpatrao Kadam Marg Lower Parel Mumbai – 400013, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.44 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.69 Cr (net margin 27.4%) and EBITDA of ₹5.3 Cr (EBITDA margin 39.5%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 20% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sunteck Realty. As per MCA filings, the company has satisfied charges of ₹220 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 8 cases are pending. The company has 7 deals on record (4 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹207.24 Cr; the latest was in March 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunteckindia.com.
Company details
Recognitions & Rankings of Piramal Sunteck Realty
Contact details
Piramal Sunteck Realty Private Limited's registered office is in Mumbai, Maharashtra. Its website is sunteckindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor Piramal Tower Ganpatrao Kadam Marg Lower Parel Mumbai – 400013, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Piramal Sunteck Realty 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
Brands
Piramal Sunteck Realty operates one associated brand: Sunteck Realty. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial and residential real estate projects are developed in India. | sunteckindia.com |
Business activity
The main business activity of Piramal Sunteck Realty 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 Piramal Sunteck Realty Private Limited, buy the company report.
Financials of Piramal Sunteck Realty Private Limited
FY 2024 filings availablePiramal Sunteck Realty Private Limited reported revenue of ₹13.44 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 12% fall in the latest year. EBITDA rose 484% 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 | ₹5.3 Cr | ||||
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| Net Profit (PAT) | ₹3.69 Cr | ||||
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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 | 39.5% | ||||
| Net Profit Margin | 27.4% | ||||
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To see the full financial statements and ratios of Piramal Sunteck Realty Private Limited, buy the company report.
Board of directors of Piramal Sunteck Realty Private Limited
Piramal Sunteck Realty has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Khetan Also directs: Niyamit Mercantile and Trading LLP, Assable Buildcon LLP, Pathway Buildcon LLP and 5 more | Director | 17 Jan 2008 | 18 Years 9 Months | Current |
| Sunilkumar Jagdishprasad Adukia | Nominee Director | 17 Dec 2013 | 12 Years 10 Months | Current |
| Prashant Chaubey Also directs: Clarissa Facility Management Private Limited, Uniworth Realty LLP, Nariman Infrastructure LLP and 5 more | Director | 22 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Piramal Sunteck Realty Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Piramal Sunteck Realty 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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To see the full shareholding pattern of Piramal Sunteck Realty Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2018 | 100213692 | Axis Bank Limited | ₹100 Cr | Satisfied | |
| 28 Nov 2016 | 100067242 | Idbi Bank Limited | ₹80 Cr | Satisfied | |
| 18 Jun 2010 | 10253549 | Kotak Mahindra Bank Limited | ₹20 Cr | Satisfied | |
| 18 Jun 2010 | 10225742 | Kotak Mahindra Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of Piramal Sunteck Realty Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Piramal Sunteck Realty Private Limited has 7 deals on record (4 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹207.24 Cr; the latest was in March 2014.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Debt financing | ₹207.21 Cr | Investors: Sunteck Realty Limited , PRPL Enterprises Private Limited |
| Apr 2009 | Funding round | ₹2.6 Lakh | Investors: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Sunteck Realty Limited Seller: Amrut Consultancy Private Limited |
| Mar 2008 | Acquisition | ₹2.57 Cr | Buyer: Amrut Consultancy Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: PRPL Enterprises Private Limited , Alpex International Limited & Ajay Piramal, Alpex International Limited & Nandini Piramal Seller: 2 individuals |
To see the full deal history of Piramal Sunteck Realty 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
Piramal Sunteck Realty Private Limited has 10 court cases on record: 6 filed by Piramal Sunteck Realty, 4 filed against it. 8 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 7 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed against the company by Oram Realty Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Oram Realty Pvt Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against The City and Industrial Development Corporation of Maharashtra Limited and Anr. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Ms. Mahavir Roads and Infrastructure Private Limited | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Union of India Through the Secretary and 1 other | Pending |
To see the full case history of Piramal Sunteck Realty 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.
Credit ratings & regulatory alerts
Piramal Sunteck Realty Private Limited was last rated by Icra on 30 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Apr 2019 |
To see the full credit ratings and regulatory alerts of Piramal Sunteck Realty Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Piramal Sunteck Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Piramal Sunteck Realty Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Piramal Sunteck Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP4731G1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Piramal Sunteck Realty Private Limited, buy the company report.
Recent activity
Piramal Sunteck Realty Private Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Prashant Chaubey ceased to be Additional Director on 26 Sep 2023.
12 earlier events are in the company report.
News
Frequently asked questions
Piramal Sunteck Realty 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 30 November 2007 (19+ years old) and is registered under CIN U70102MH2007PTC176348.
Piramal Sunteck Realty has 3 current directors:
- Kamal Khetan - Director
- Sunilkumar Jagdishprasad Adukia - Nominee Director
- Prashant Chaubey - Director
The latest financial statements of Piramal Sunteck Realty 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 Piramal Sunteck Realty is 27AAECP4731G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Piramal Sunteck Realty is U70102MH2007PTC176348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piramal Sunteck Realty has 10 court cases on record: 6 filed by the company and 4 filed against it. 8 are pending. Most are in the high courts.
Piramal Sunteck Realty was incorporated on 30 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Piramal Sunteck Realty has 7 deals on record (4 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹207.24 Cr; the latest was in March 2014.
Prashant Chaubey ceased to be Additional Director on 26 Sep 2023. Prashant Chaubey was appointed as Director on 22 Dec 2022. Khushru Burjor Jijina ceased to be Director on 25 Mar 2019. Piramal Sunteck Realty has 13 board changes on record in total.
Piramal Sunteck Realty can be reached through the website sunteckindia.com. Its registered office is in Mumbai, Maharashtra, India.

