MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0008125
Saiom Developers Private Limited
Saiom Developers Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹10.48 Cr
▲ 19% YoY
Net loss · FY 2022
₹4.7 Lakh
Net margin -0.4%
EBITDA · FY 2022
₹7.79 Cr
EBITDA margin 74.3%
Authorised capital
₹1.08 Cr
Registered with MCA
Paid-up capital
₹1.08 Cr
Issued & subscribed
Open charges
₹151.52 Cr
Satisfied ₹90.9 Cr
Company age
26 yrs
Est. 2000
Directors on board
4
As per MCA filings
About Saiom Developers Private Limited
Data last updated:
Saiom Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 13 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2000PTC129141. Its GSTIN is 27AAICS6806K1ZX (Maharashtra).
The company has an authorised share capital of ₹1.08 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Sunil Tolaram Kukreja and Mohan Tolaram Kukreja.
Its last annual general meeting (AGM) was held on 30 March 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Lalasisplot No 219 11th Road Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.48 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹4.7 Lakh (net margin -0.4%) and EBITDA of ₹7.79 Cr (EBITDA margin 74.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹151.52 Cr and satisfied charges of ₹90.9 Cr on record. Court records list 34 cases involving the company, including 13 filed by the company and 21 filed against it; 3 cases are pending.
Saiom Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0008125). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45200MH2000PTC129141
Registration Number 129141
Incorporation Date 13 October 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 March 2023
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0008125
Key People
Sunil Tolaram Kukreja Director Mohan Tolaram Kukreja Director Neha Vikram Ramchand Director Recognitions & Rankings of Saiom Developers
Contact details
Saiom Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressLalasisplot No 219 11th Road Chembur, Mumbai, Maharashtra, India – 400071
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Saiom Developers Private Limited, buy the company report.
Comprehensive company report
Saiom 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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Secure checkout · GST invoice included
Business activity
The main business activity of Saiom Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Saiom Developers Private Limited, buy the company report.
Financials of Saiom Developers Private Limited
FY 2022 filings availableSaiom Developers Private Limited reported revenue of ₹10.48 Cr (up 19% YoY) for FY 2022.
Revenue · FY 2022
₹10.48 Cr ▲ 19%
Net loss · FY 2022
₹4.7 Lakh margin -0.4%
EBITDA · FY 2022
₹7.79 Cr margin 74.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▼ 13%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▼ 9%
5 years · compounded
▲ 2%
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 44% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹7.79 Cr | ||||
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| Net Profit (PAT) | -₹4.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 74.3% | ||||
| Net Profit Margin | -0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Saiom Developers Private Limited, buy the company report.
Board of directors of Saiom Developers Private Limited
Saiom Developers has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Tolaram Kukreja Also directs: Victory Flask Company Private Limited, Ravi Estate Private Limited, Timestar Developers Private Limited and 5 more | Director | 13 Oct 2000 | 26 Years 0 Months | Current |
| Mohan Tolaram Kukreja Also directs: Victory Flask Company Private Limited, Ravi Estate Private Limited, Timestar Developers Private Limited and 5 more | Director | 13 Oct 2000 | 26 Years 0 Months | Current |
| Neha Vikram Ramchand Also directs: Victory Flask Company Private Limited, Timestar Developers Private Limited, Aparanta Hotels Private Limited and 5 more | Director | 01 Apr 2018 | 8 Years 6 Months | Current |
| Yashraj Sunil Kukreja Also directs: Maza Developers Private Limited, Pole Star Infrastructure Private Limited, Panache Developers Private Limited and 5 more | Director | 01 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Saiom Developers Private Limited is compared with the 3 companies closest to it by revenue in the Business Services industry (Mall Management, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saiom Developers Private Limitedthis company | ₹10.48 Cr (FY 2022) | -₹4.7 Lakh | -0.4% | 19.0% | Mumbai, Maharashtra, India | |
| Sati Oil Udyog Ltd | ₹10.46 Cr (FY 2025) | 95.0% | Guwahati, Assam, India | |||
| Toplight Commercials Ltd | ₹10.36 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Amritlaxmi Marketing Private Limited | ₹10.3 Cr (FY 2025) | -24.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Saiom Developers Private Limited, buy the company report.
Auditor
Saiom Developers Private Limited is audited by NIKHIL D SHAH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIKHIL D SHAH & CO | FY 2021 | 137750W |
Shareholding
The shareholding of Saiom Developers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saiom Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹151.52 Cr
Satisfied charges
₹90.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2021 | 100507182 | Axis Bank Limited | ₹92.56 Lakh | Open | |
| 29 May 2020 | 100354179 | Others | ₹75 Cr | Open | |
| 28 May 2020 | 100353670 | Others | ₹75 Cr | Open | |
| 31 Aug 2018 | 100203387 | Others | ₹59.64 Lakh | Open | |
| 02 May 2017 | 100094785 | Others | ₹60 Cr | Satisfied |
To see the full charge records of Saiom Developers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Saiom Developers Private Limited has 34 court cases on record: 13 filed by Saiom Developers, 21 filed against it. 3 cases are pending and 31 are disposed.
Total cases
34
Filed by the company
13
Filed against the company
21
Pending
3
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 10 | 1 |
| High courts | 8 | 6 | 2 |
| NCLAT | 5 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Reebok India Company | Pending |
| Bombay High Court | Writ petition | Filed against the company by BJN Hotels Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Talati and Talati LLP | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Reebok India Company | Disposed |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Maza Developers Private Limited and 2 others | Disposed |
To see the full case history of Saiom 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
Saiom Developers Private Limited was last rated by Brickwork on 05 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 05 Apr 2021 |
To see the full credit ratings and regulatory alerts of Saiom Developers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saiom Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saiom Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS6806K1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saiom Developers Private Limited, buy the company report.
Recent activity
Saiom Developers Private Limited has 4 board changes on record since 2000: 4 appointments. The latest: Neha Vikram Ramchand was appointed as Director on 01 Apr 2018.
AGM
Saiom Developers Private Limited last Annual general meeting of members was held on 30 Mar 2023 as per latest MCA records.
Filing
Saiom Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai I.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.93 Cr with Charge ID 100507182 was registered on 29 Nov 2021.
Charges
A charge registered on 02 May 2017 via Charge ID 100094785 with Others was fully satisfied on 22 Oct 2020.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100354179 was registered on 29 May 2020.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100353670 was registered on 28 May 2020.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100203387 was registered on 31 Aug 2018.
Appointed
Neha Vikram Ramchand was appointed as Director.
Appointed
Yashraj Sunil Kukreja was appointed as Director.
Charges
A charge registered on 13 Aug 2009 via Charge ID 10173865 with Dena Bank was fully satisfied on 17 May 2017.
Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100094785 was registered on 02 May 2017.
Charges
A charge with Others of Rs. 60.00 Cr registered on 02 May 2017 with Charge ID 100094785 was modified on 02 May 2017.
5 earlier events are in the company report.
Frequently asked questions
Saiom Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 13 October 2000 (26+ years old) and is registered under CIN U45200MH2000PTC129141.
Saiom Developers has 4 current directors:
- Sunil Tolaram Kukreja - Director
- Mohan Tolaram Kukreja - Director
- Neha Vikram Ramchand - Director
- Yashraj Sunil Kukreja - Director
The latest financial statements of Saiom Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 March 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Saiom Developers is 27AAICS6806K1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saiom Developers is U45200MH2000PTC129141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saiom Developers has 34 court cases on record: 13 filed by the company and 21 filed against it. 3 are pending. Most are in the district courts.
Saiom Developers was incorporated on 13 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Saiom Developers by revenue are Sati Oil Udyog Ltd, Toplight Commercials Ltd, Amritlaxmi Marketing Private Limited, all in the Business Services industry (Mall Management, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Neha Vikram Ramchand was appointed as Director on 01 Apr 2018. Yashraj Sunil Kukreja was appointed as Director on 01 Apr 2018. Mohan Tolaram Kukreja was appointed as Director on 13 Oct 2000. Saiom Developers has 4 board changes on record in total.
Yes, Saiom Developers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0008125).
The registered office of Saiom Developers is at Lalasisplot No 219 11th Road Chembur, Mumbai, Maharashtra, India – 400071.