Makers Pvt Ltd
About Makers Pvt Ltd
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Makers Pvt Ltd is a private limited company based in Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 October 1946 and has been in existence for over 80 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH1946PTC005271. Its GSTIN is 27AAFCM5865R1ZJ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Goutam Sabaji Chitnis and Kaustubh Gautam Chitnis.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 59 Forbes Street Fort Mumbai – 400 023, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.1 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹29.63 Lakh (net margin 32.5%) and EBITDA of ₹40.3 Lakh (EBITDA margin 44.2%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 9% over five years.
Court records list 92 cases involving the company, including 28 filed by the company and 64 filed against it; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Makers Pvt Ltd's registered office is in Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address59 Forbes Street Fort Mumbai – 400 023, Maharashtra, India
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Makers Pvt Ltd, 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 Makers is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Makers Pvt Ltd, buy the company report.
Financials of Makers Pvt Ltd
FY 2025 filings availableMakers Pvt Ltd reported revenue of ₹91.1 Lakh (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 21% growth in the latest year. EBITDA rose 76% 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 | ₹40.3 Lakh | ||||
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| Net Profit (PAT) | ₹29.63 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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| EBITDA Margin | 44.2% | ||||
| Net Profit Margin | 32.5% | ||||
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To see the full financial statements and ratios of Makers Pvt Ltd, buy the company report.
Board of directors of Makers Pvt Ltd
Makers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Goutam Sabaji Chitnis | Director | 25 Apr 1990 | 36 Years 6 Months | Current |
| Kaustubh Gautam Chitnis | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
Auditor
Makers Pvt Ltd is audited by RITESH HIBARE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RITESH HIBARE & CO | FY 2020 | 133769W |
Shareholding
The shareholding of Makers Pvt Ltd is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Makers Pvt Ltd, buy the company report.
Legal cases
Makers Pvt Ltd has 92 court cases on record: 28 filed by Makers, 64 filed against it. 14 cases are pending and 78 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 45 | 11 |
| High courts | 36 | 19 | 2 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 92)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Sai Palace Hotels Pvt. Ltd. and 3 others | Pending |
| High Court, TELANGANA | Arbitration matter | Filed against the company by M/S 14 Reels Plus LLP, | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Parabolic Drugs Ltd. Through Mr. Raj Kumar Ralhan Resoluion Professional and 3 others | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by M/S Edgetech Air Systems Pvt Ltd | Disposed |
| District court, North, Delhi | Civil suit | Filed against the company by Ms Icon Plast India Pvt Ltd. | Disposed |
To see the full case history of Makers Pvt Ltd, 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 Makers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Makers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM5865R1ZJ | Maharashtra | Active | 22 Aug 2017 |
To see the full GST registrations and return filing status of Makers Pvt Ltd, buy the company report.
Recent activity
Makers Pvt Ltd has 5 board changes on record since 1990: 2 appointments and 3 cessations. The latest: Kaustubh Gautam Chitnis ceased to be Additional Director on 30 Dec 2022.
Frequently asked questions
Makers is an active private limited company based in Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 October 1946 (80+ years old) and is registered under CIN U24220MH1946PTC005271.
Makers has 2 current directors:
- Goutam Sabaji Chitnis - Director
- Kaustubh Gautam Chitnis - Director
The latest financial statements of Makers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Makers is 27AAFCM5865R1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Makers is U24220MH1946PTC005271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makers has 92 court cases on record: 28 filed by the company and 64 filed against it. 14 are pending. Most are in the district courts.
Makers was incorporated on 14 October 1946, making it 80+ years old. It is registered with the Registrar of Companies, Mumbai.
Kaustubh Gautam Chitnis ceased to be Additional Director on 30 Dec 2022. Shubha Sabaji Chitnis ceased to be Director on 15 Mar 2022. Kaustubh Gautam Chitnis was appointed as Director on 11 Dec 2020. Makers has 5 board changes on record in total.
The registered office of Makers is at 59 Forbes Street Fort Mumbai – 400 023, Maharashtra, India.
Makers operates in the financial services industry, in the real estate financing segment.
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