About Prushti Developers Private Limited
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Prushti 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 13 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2012PTC233363. Its GSTIN is 27AAGCP7349J2ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.08 Lakh. It is led by directors including Rajendra Singh and Amit Bamshankar Jha.
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 Floor 3 Plot No. 254 A Band Box Dr Annie Besant Road Worli Colony, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.75 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹41.05 Lakh (net margin 23.5%) and EBITDA of ₹41.05 Lakh (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 297% over three years and 136% over five years.
As per MCA filings, the company has open charges of ₹135 Cr and satisfied charges of ₹75 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pashminadevelopers.com.
Company details
Contact details
Prushti Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is pashminadevelopers.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFloor 3 Plot No. 254 A Band Box Dr Annie Besant Road Worli Colony, Mumbai, Maharashtra, India – 400030
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Prushti 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 activity of Prushti Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Prushti Developers Private Limited
FY 2025 filings availablePrushti Developers Private Limited reported revenue of ₹1.75 Cr (up 508% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 136% over five years, including 508% growth in the latest year. EBITDA rose 52% 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 | ₹41.05 Lakh | ||||
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| Net Profit (PAT) | ₹41.05 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 23.5% | ||||
| Net Profit Margin | 23.5% | ||||
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To see the full financial statements and ratios of Prushti Developers Private Limited, buy the company report.
Board of directors of Prushti Developers Private Limited
Prushti Developers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Singh Also directs: Purabi Developers Private Limited, Stuti Realty Private Limited, Pashmina Realty Private Limited and 5 more | Director | 04 Apr 2016 | 10 Years 7 Months | Current |
| Amit Bamshankar Jha Also directs: Purabi Developers Private Limited, Stuti Realty Private Limited, Pashmina Realty Private Limited and 5 more | Director | 10 Aug 2018 | 8 Years 3 Months | Current |
| Preet Asit Koticha Also directs: Purabi Developers Private Limited, Stuti Realty Private Limited, Pashmina Realty Private Limited and 5 more | Additional Director | 26 Dec 2024 | 1 Years 10 Months | Current |
| Naqqash Aziz Contractor Also directs: Purabi Developers Private Limited, Stuti Realty Private Limited, Pashmina Realty Private Limited and 5 more | Additional Director | 13 Mar 2025 | 1 Years 8 Months | Current |
Auditor
Prushti Developers Private Limited is audited by B S SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S SHAH & CO | FY 2019 | 109509W |
Shareholding
The shareholding of Prushti Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prushti Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2018 | 100206953 | Others | ₹135 Cr | Open | |
| 19 Dec 2018 | 100231138 | Others | ₹75 Cr | Satisfied |
To see the full charge records of Prushti Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Prushti Developers Private Limited has 9 court cases on record: 2 filed by Prushti Developers, 7 filed against it. 6 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 6 | 6 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CARBP) | Filed against the company by Aditya Birla Finance Limited | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Aditya Birla Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Aditya Birla Finance Limited | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Fortrress Holdings Private Limted | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Fortrress Holdings Private Limted | Pending |
To see the full case history of Prushti 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prushti Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prushti Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP7349J2ZV | Maharashtra | Active | 14 Jun 2018 |
To see the full GST registrations and return filing status of Prushti Developers Private Limited, buy the company report.
Recent activity
Prushti Developers Private Limited has 9 board changes on record since 2014: 4 appointments and 5 cessations. The latest: Naqqash Aziz Contractor was appointed as Additional Director on 13 Mar 2025.
4 earlier events are in the company report.
Frequently asked questions
Prushti 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 13 July 2012 (14+ years old) and is registered under CIN U45201MH2012PTC233363.
Prushti Developers has 4 current directors:
- Rajendra Singh - Director
- Amit Bamshankar Jha - Director
- Preet Asit Koticha - Additional Director
- Naqqash Aziz Contractor - Additional Director
The latest financial statements of Prushti Developers 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 Prushti Developers is 27AAGCP7349J2ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Prushti Developers is U45201MH2012PTC233363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prushti Developers has 9 court cases on record: 2 filed by the company and 7 filed against it. 6 are pending. Most are in the high courts.
Prushti Developers was incorporated on 13 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Naqqash Aziz Contractor was appointed as Additional Director on 13 Mar 2025. Preet Asit Koticha was appointed as Additional Director on 26 Dec 2024. Asit Kishore Koticha ceased to be Additional Director on 11 Dec 2020. Prushti Developers has 9 board changes on record in total.
Prushti Developers can be reached through the website pashminadevelopers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Prushti Developers is at Floor 3 Plot No. 254 A Band Box Dr Annie Besant Road Worli Colony, Mumbai, Maharashtra, India – 400030.
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