Placid Developments Private Limited
About Placid Developments Private Limited
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Placid Developments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 17 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2009PTC197929. Its GSTIN is 27AAFCP2739R1ZP (Maharashtra).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15.6 Cr. It was formerly known as Placid Farms Private Limited and Placid Realtors Private Limited. It is led by directors including Ajai Bali and Jaishankar Soman Komath.
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 5th Floor 501/A Supreme Business Park Supreme City Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.49 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹28.68 Lakh and EBITDA of -₹23.6 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 122% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Placid Developments has undergone 2 name changes throughout its history. The company was previously known as Placid Farms Private Limited, and Placid Realtors Private Limited. The current legal name is Placid Developments Private Limited.
| Company Name | Status |
|---|---|
| Placid Developments Private Limited | Current |
| Placid Farms Private Limited | Previous |
| Placid Realtors Private Limited | Previous |
CIN history
Placid Developments has one previous CIN (Corporate Identification Number): U45202MH2009PTC197929. The current CIN is U63000MH2009PTC197929, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63000MH2009PTC197929 | Current |
| U45202MH2009PTC197929 | Previous |
Contact details
Placid Developments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5th Floor 501/A Supreme Business Park Supreme City Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryTransportation, Transportation Services
To see the full contact details of Placid Developments 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
Business activity
The main business activity of Placid Developments is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Placid Developments Private Limited, buy the company report.
Financials of Placid Developments Private Limited
FY 2025 filings availablePlacid Developments Private Limited reported revenue of ₹1.49 Lakh (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 122%. EBITDA fell 183% 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 | -₹23.6 Lakh | ||||
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| Net Profit (PAT) | -₹28.68 Lakh | ||||
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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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To see the full financial statements and ratios of Placid Developments Private Limited, buy the company report.
Board of directors of Placid Developments Private Limited
Placid Developments has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajai Bali Also directs: Neurowell Operations Private Limited, Blue Eagle Constructions Private Limited, Grosvenor Farms Private Limited and 5 more | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
| Jaishankar Soman Komath Also directs: Neurowell Operations Private Limited, Blue Eagle Constructions Private Limited, Grosvenor Farms Private Limited and 4 more | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
| Flory Prakash Macwan Also directs: Neurowell Operations Private Limited, Blue Eagle Constructions Private Limited, Grosvenor Farms Private Limited and 5 more | Director | 03 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Placid Developments Private Limited is audited by VAKILNA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VAKILNA & CO | FY 2016 | 116767W |
Shareholding
The shareholding of Placid Developments Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Placid Developments Private Limited, buy the company report.
Legal cases
Placid Developments Private Limited has 1 court case on record: 1 filed by Placid Developments. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India , Ministry of Railways and Ors | Disposed |
To see the full case history of Placid Developments 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 Placid Developments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Placid Developments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP2739R1ZP | Maharashtra | Active | 01 Oct 2021 |
To see the full GST registrations and return filing status of Placid Developments Private Limited, buy the company report.
Recent activity
Placid Developments Private Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Shailesh Shankar Parab ceased to be Director on 02 Dec 2019.
Frequently asked questions
Placid Developments is an active private limited company based in Mumbai, Maharashtra, India. The company works in transportation services, within the transportation industry. It was incorporated on 17 December 2009 (17+ years old) and is registered under CIN U63000MH2009PTC197929.
Placid Developments has 3 current directors:
- Ajai Bali - Director
- Jaishankar Soman Komath - Director
- Flory Prakash Macwan - Director
The latest financial statements of Placid 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 GSTIN of Placid Developments is 27AAFCP2739R1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Placid Developments is U63000MH2009PTC197929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Placid Developments has 1 court case on record: 1 filed by the company.
Placid Developments was incorporated on 17 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Shailesh Shankar Parab ceased to be Director on 02 Dec 2019. Ajai Bali was appointed as Director on 11 Nov 2019. Jaishankar Soman Komath was appointed as Director on 11 Nov 2019. Placid Developments has 9 board changes on record in total.
The registered office of Placid Developments is at 5th Floor 501A Supreme Business Park Supreme City Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
Placid Developments operates in the transportation industry, in the transportation services segment.