Chourangi Builders & Developers Private Limited

Chourangi Builders & Developers Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U45200MH2006PTC161404 Incorporated 26 April 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company real estate and construction MSME · Small
Revenue · FY 2024
₹1.37 Cr
▼ 92% YoY
Net loss · FY 2024
₹47.83 Lakh
Net margin -35%
EBITDA · FY 2024
₹1.97 Lakh
EBITDA margin 1.4%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.99 Cr
Issued & subscribed
Open charges
₹4.45 Cr
Satisfied ₹108 Cr
Company age
20 yrs
Est. 2006
Directors on board
4
As per MCA filings

About Chourangi Builders & Developers Private Limited

Data last updated:

Chourangi Builders & 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 26 April 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2006PTC161404. Its GSTIN is 27AADCR4517R2ZS (Maharashtra). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.99 Cr. It was formerly known as Reatox Builders and Developers Private Limited. It is led by directors including Atul Shirodkar Dattaram (Managing Director) and Vandana Sujeet Savant.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.37 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹47.83 Lakh (net margin -35%) and EBITDA of ₹1.97 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 235% over five years.

As per MCA filings, the company has open charges of ₹4.45 Cr and satisfied charges of ₹108 Cr on record. Court records list 48 cases involving the company, including 30 filed by the company and 18 filed against it; 18 cases are pending.

Chourangi Builders & Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0002149). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chourangi.com.

Company details

CIN U45200MH2006PTC161404
Registration Number 161404
Incorporation Date 26 April 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0002149

Recognitions & Rankings of Chourangi Builders & Developers

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0002149

Contact details

Chourangi Builders & Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is chourangi.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    3/341 1A Rajiv Chsl Madhusudan Kalelkar Marg Next To Fda Bandra Kurla Complex Bandra, (E), Mumbai, Maharashtra, India – 400051
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Chourangi Builders & Developers Private Limited, buy the company report.

Comprehensive company report
Chourangi Builders & Developers Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Chourangi Builders & Developers is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Chourangi Builders & Developers Private Limited, buy the company report.

Financials of Chourangi Builders & Developers Private Limited

FY 2024 filings available

Chourangi Builders & Developers Private Limited reported revenue of ₹1.37 Cr (down 92% YoY) for FY 2024.

Revenue · FY 2024
₹1.37 Cr ▼ 92%
Net loss · FY 2024
₹47.83 Lakh margin -35%
EBITDA · FY 2024
₹1.97 Lakh margin 1.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 43%
5 years · compounded
▲ 235%
EBITDA CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 75%
5 years · compounded
▲ 72%

Revenue fell 92% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 235%. EBITDA fell 98% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.97 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹47.83 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.4%
Net Profit Margin-35%
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

To see the full financial statements and ratios of Chourangi Builders & Developers Private Limited, buy the company report.

Board of directors of Chourangi Builders & Developers Private Limited

Chourangi Builders & Developers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vandana Sujeet SavantDirector05 Jun 20206 Years 5 MonthsCurrent
Sonalika Kshitij AdyalkarDirector03 Mar 20251 Years 8 MonthsCurrent
Atul Shirodkar DattaramManaging Director26 Apr 200620 Years 6 MonthsCurrent
Suresh Shankarrao JadhavDirector09 Mar 200719 Years 8 MonthsCurrent

Auditor

Chourangi Builders & Developers Private Limited is audited by NA for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NAFY 2023NA

Shareholding

The shareholding of Chourangi Builders & 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Chourangi Builders & Developers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.45 Cr
Satisfied charges
₹108 Cr
Breakdown by lending institutions
Srei Equipment Finance Private Limited₹2.76 Cr
Axis Bank Limited₹1.37 Cr
Hdfc Bank Limited₹0.32 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 May 2025101109121Hdfc Bank Limited₹31.93 LakhOpen
04 Aug 2023100768821Axis Bank Limited₹1.37 CrOpen
22 Apr 201010222484Srei Equipment Finance Private Limited₹28.74 LakhOpen
08 Feb 201010201007Srei Equipment Finance Private Limited₹14.26 LakhOpen
08 Feb 201010201008Srei Equipment Finance Private Limited₹21.66 LakhOpen

To see the full charge records of Chourangi Builders & Developers Private Limited, buy the company report.

Total charge records: 12 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Chourangi Builders & Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Chourangi Builders & Developers has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AADCR4517R2ZSMaharashtraActive11 Jun 2019
30AADCR4517R1Z6GoaActive01 May 2021

To see the full GST registrations and return filing status of Chourangi Builders & Developers Private Limited, buy the company report.

Recent activity

Chourangi Builders & Developers Private Limited has 9 board changes on record since 2006: 5 appointments and 4 cessations. The latest: Sonalika Kshitij Adyalkar was appointed as Director on 03 Mar 2025.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.32 Cr with Charge ID 101109121 was registered on 30 May 2025.
Appointed
Sonalika Kshitij Adyalkar was appointed as Director.
AGM
Chourangi Builders & Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Chourangi Builders & Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.37 Cr with Charge ID 100768821 was registered on 04 Aug 2023.
Ceased
Atul Shirodkar Dattaram ceased to be Managing Director.
Appointed
Vandana Sujeet Savant was appointed as Director.
Charges
A charge registered on 28 Dec 2006 via Charge ID 10034883 with Vijaya Bank was fully satisfied on 31 May 2019.
Appointed
Chandni Lohar was appointed as Company Secretary.
Ceased
Pankaj Shantilal Parikh ceased to be Director.
Ceased
Pinninti Veera Sreeram Reddy ceased to be Director.
Ceased
Shubhangi Atul Shirodkar ceased to be Director.

14 earlier events are in the company report.

Frequently asked questions

Chourangi Builders & 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 26 April 2006 (20+ years old) and is registered under CIN U45200MH2006PTC161404.

Chourangi Builders & Developers has 4 current directors:

The latest financial statements of Chourangi Builders & Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Chourangi Builders & Developers is 27AADCR4517R2ZS, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AADCR4517R1Z6 (Goa).

The CIN (Corporate Identification Number) of Chourangi Builders & Developers is U45200MH2006PTC161404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chourangi Builders & Developers has 48 court cases on record: 30 filed by the company and 18 filed against it. 18 are pending. Most are in the high courts.

Chourangi Builders & Developers was incorporated on 26 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

Sonalika Kshitij Adyalkar was appointed as Director on 03 Mar 2025. Atul Shirodkar Dattaram ceased to be Managing Director on 09 Jun 2020. Vandana Sujeet Savant was appointed as Director on 05 Jun 2020. Chourangi Builders & Developers has 9 board changes on record in total.

Yes, Chourangi Builders & Developers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0002149).

Chourangi Builders & Developers can be reached through the website chourangi.com. Its registered office is in Mumbai, Maharashtra, India.