Pristine Developers Private Limited
About Pristine Developers Private Limited
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Pristine Developers 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 23 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC152142. Its GSTIN is 27AADCP5436F1ZG (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Yogesh Babulal Parekh and Sanjay Bhikhalal Valia.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3 Narayan Bldg 23 L N Roaddadar East, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.41 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹12.31 Cr (net margin 48.4%) and EBITDA of ₹21.13 Cr (EBITDA margin 83.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹429 Cr on record. Court records list 22 cases involving the company, including 1 filed by the company and 21 filed against it; 8 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in May 2016.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pristine Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Narayan Bldg 23 L N Roaddadar East, Mumbai, Maharashtra, India – 400014
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Pristine Developers 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 activities of Pristine Developers are real estate and electricity, gas, steam and air condition supply. In detail, this covers real estate activities on fee or contract basis and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Pristine Developers Private Limited, buy the company report.
Financials of Pristine Developers Private Limited
FY 2024 filings availablePristine Developers Private Limited reported revenue of ₹25.41 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹21.13 Cr | ||||
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| Net Profit (PAT) | ₹12.31 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 83.2% | ||||
| Net Profit Margin | 48.4% | ||||
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To see the full financial statements and ratios of Pristine Developers Private Limited, buy the company report.
Board of directors of Pristine Developers Private Limited
Pristine Developers 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 |
|---|---|---|---|---|
| Rahul Vijaykumar Parekh Also directs: Prizma Industrial Parks LLP, Shree Naman Land Developers LLP, Agrocracy LLP and 5 more | Additional Director | 25 Nov 2024 | 1 Years 11 Months | Current |
| Yogesh Babulal Parekh | Director | 27 May 2016 | 10 Years 5 Months | Current |
| Sanjay Bhikhalal Valia Also directs: Warmth Realty Private Limited, Srishti Buildwell LLP, Realstreet Developers Private Limited and 2 more | Director | 27 May 2016 | 10 Years 5 Months | Current |
Auditor
Pristine Developers Private Limited is audited by Gohel & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gohel & Associates LLP | FY 2023 | W100162 |
Shareholding
The shareholding of Pristine Developers 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 Pristine Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2019 | 100253814 | Others | ₹135 Cr | Satisfied | |
| 13 Jul 2015 | 10580284 | Axis Trustee Services Limited | ₹40 Cr | Satisfied | |
| 19 Mar 2010 | 10211260 | Punjab National Bank | ₹78 Cr | Satisfied | |
| 19 Feb 2010 | 10206457 | Punjab National Bank | ₹78 Cr | Satisfied | |
| 07 Mar 2009 | 10145373 | Punjab National Bank | ₹53 Cr | Satisfied |
To see the full charge records of Pristine Developers Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Pristine Developers Private Limited has 1 deal on record (1 acquisition); the latest was in May 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Acquisition | Undisclosed | Seller: Hubtown Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pristine Developers Private Limited has 22 court cases on record: 1 filed by Pristine Developers, 21 filed against it. 8 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 19 | 8 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases w) | Filed against the company by TGL India Private Ltd. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by TLG India Private Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by TLG India Pvt.Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by TLG India Private Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Ebay India Pvt.Ltd. | Disposed |
To see the full case history of Pristine Developers 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
Pristine Developers Private Limited was last rated by Icra on 27 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Jan 2022 |
To see the full credit ratings and regulatory alerts of Pristine Developers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pristine Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pristine Developers has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP5436F1ZG | Maharashtra | Active | 01 Jul 2017 |
| 23AADCP5436F1ZO | Madhya Pradesh | Active | 14 May 2019 |
| 33AADCP5436F1ZN | Tamil Nadu | Active | 14 May 2019 |
To see the full GST registrations and return filing status of Pristine Developers Private Limited, buy the company report.
Recent activity
Pristine Developers Private Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Rahul Vijaykumar Parekh was appointed as Additional Director on 25 Nov 2024.
19 earlier events are in the company report.
Frequently asked questions
Pristine Developers 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 23 March 2005 (21+ years old) and is registered under CIN U45200MH2005PTC152142.
Pristine Developers has 3 current directors:
- Rahul Vijaykumar Parekh - Additional Director
- Yogesh Babulal Parekh - Director
- Sanjay Bhikhalal Valia - Director
The latest financial statements of Pristine Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pristine Developers is 27AADCP5436F1ZG, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 23AADCP5436F1ZO (Madhya Pradesh), 33AADCP5436F1ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of Pristine Developers is U45200MH2005PTC152142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pristine Developers has 22 court cases on record: 1 filed by the company and 21 filed against it. 8 are pending. Most are in the high courts.
Pristine Developers was incorporated on 23 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Pristine Developers has 1 deal on record (1 acquisition); the latest was in May 2016.
Rahul Vijaykumar Parekh was appointed as Additional Director on 25 Nov 2024. Sanjay Bhikhalal Valia ceased to be Additional Director on 27 Sep 2016. Yogesh Babulal Parekh ceased to be Additional Director on 27 Sep 2016. Pristine Developers has 13 board changes on record in total.
The registered office of Pristine Developers is at 3 Narayan Bldg 23 L N Roaddadar East, Mumbai, Maharashtra, India – 400014.
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