PSK Developers Private Limited
About PSK Developers Private Limited
Data last updated:
PSK Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 November 2004.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2004PTC149698. Its GSTIN is 27AADCP4574E1ZD (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹61 Lakh. It is led by directors including Jitendra Babulal Shah and Damji Ramji Shah.
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 Sheetal Estate Opp Novelty Cinema M.S. Ali Road, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2024, the company reported a revenue of ₹73,184, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹184 (net margin 0.3%) and EBITDA of ₹5.65 Cr. Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹185 Cr on record. Court records list 50 cases involving the company, including 42 filed by the company and 3 filed against it; 2 cases are pending. The company has 2 deals on record (1 funding round, 1 debt financing), with disclosed funding of ₹55.6 Cr; the latest was in March 2017. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Pebbles Constructions Private Limited with revenue of ₹73,348.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSheetal Estate Opp Novelty Cinema M.S. Ali Road, Mumbai, Maharashtra, India – 400007
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of PSK Developers Private Limited
The main business activity of PSK Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of PSK Developers Private Limited FY 2024 filings available
PSK Developers Private Limited reported revenue of ₹73,184 (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of PSK Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 40% growth in the latest year. EBITDA rose 9% 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 of PSK Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹184 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of PSK Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of PSK Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of PSK Developers Private Limited
PSK Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pebbles Constructions Private Limited | ₹73,348 (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Medha Classic Dwellings Private Limited | ₹73,324 (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Trilogy Infra Private Limited | ₹73,221 (FY 2025) | •••• | •••• | -51.0% | •••• | Mumbai, Maharashtra, India |
| Ads Properties Private Limited | ₹73,217 (FY 2025) | •••• | •••• | -96.0% | •••• | Pune, Maharashtra, India |
| Shivas Towers Pvt Ltd | ₹73,200 (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| PSK Developers Private Limited this company | ₹73,184 (FY 2024) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
| Kileshwar Mahadev Buildcon Private Limited | ₹73,128 (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Regenlink Private Limited | ₹73,084 (FY 2024) | •••• | •••• | -92.0% | •••• | Eranjipalam, Kerala, India |
| Geetham Foundations Private Limited | ₹73,009 (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Shiv Sreyaa Estates Private Limited | ₹73,000 (FY 2022) | •••• | •••• | -26.0% | •••• | Nagpur, Maharashtra, India |
| SRL Infrastructures Private Limited | ₹72,972 (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below PSK Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of PSK Developers Private Limited
PSK Developers Private Limited is audited by Mehta Kothari & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mehta Kothari & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of PSK Developers Private Limited
PSK Developers has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Babulal Shah | Director | 01 Oct 2012 | 14 Years 0 Months | As last reported |
| Damji Ramji Shah Also directs: Sheetal Clothing Company Private Limited, Ratnasagar Enterprises Private Limited, Bhavi Homes Private Limited and 2 more | Director | 25 Nov 2004 | 21 Years 10 Months | As last reported |
| Gangdas Ganesha Patel Also directs: MGN Properties LLP, Green Bell Construction House Private Limited | Director | 25 Nov 2004 | 21 Years 10 Months | As last reported |
| Dhirendra Babulal Shah | Director | 31 Mar 2012 | 14 Years 6 Months | As last reported |
| Megha Agrawal Also directs: Truenex Absolute Insolvency Resolutions LLP | Irp/Rp/Liquidator | 18 Oct 2024 | 1 Years 11 Months | As last reported |
Ownership and Shareholding of PSK Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of PSK Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 May 2014 | Others | ₹185 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of PSK Developers Private Limited
PSK Developers Private Limited has 2 deals on record (1 funding round, 1 debt financing), with disclosed funding of ₹55.6 Cr; the latest was in March 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Debt financing | ₹25.6 Cr | Investors: Emerging Market Opportunities Fund |
| Mar 2014 | Funding round | ₹30 Cr | Investors: 3 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of PSK Developers Private Limited
PSK Developers Private Limited has 50 court cases on record: 42 filed by PSK Developers, 3 filed against it, 5 where it is another party. 2 cases are pending and 48 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 3 | 1 |
| High courts | 5 | 0 | 1 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Company is another party | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and 3 Ors | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Company is another party | Disposed |
| Bombay High Court | Court case (CONPW) | Company is another party | Disposed |
Full case history
All 50 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at PSK Developers Private Limited
PSK Developers Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on PSK Developers Private Limited
PSK Developers Private Limited has 8 board changes on record since 2004: 5 appointments and 3 cessations. The latest: Megha Agrawal was appointed as Irp/Rp/Liquidator on 18 Oct 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for PSK Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by PSK Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of PSK Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of PSK Developers Private Limited
PSK Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP4574E1ZD | Maharashtra | Active | 07 Aug 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of PSK Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about PSK Developers Private Limited
PSK Developers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
PSK Developers is a company under insolvency, formerly operating as a 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 25 November 2004 and is registered under CIN U45200MH2004PTC149698. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
PSK Developers reported revenue of ₹73,184 for FY 2024 (up 40% YoY).
PSK Developers has 5 current directors:
- Jitendra Babulal Shah - Director
- Damji Ramji Shah - Director
- Gangdas Ganesha Patel - Director
- Dhirendra Babulal Shah - Director
- Megha Agrawal - Irp/Rp/Liquidator
PSK Developers reported a net profit of ₹184 (net margin 0.3%) and EBITDA of ₹5.65 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of PSK Developers is 10% over three years and 4% over five years. In the latest year (FY 2024) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of PSK Developers is U45200MH2004PTC149698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PSK Developers has open charges of ₹185 Cr and no satisfied charges on record as per latest MCA filings.
PSK Developers has 50 court cases on record: 42 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
PSK Developers was incorporated on 25 November 2004. It is registered with the Registrar of Companies, Mumbai.
PSK Developers has 2 deals on record (1 funding round, 1 debt financing), with disclosed funding of ₹55.6 Cr; the latest was in March 2017.