Salpekar Developers Pvt Ltd
About Salpekar Developers Pvt Ltd
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Salpekar Developers Pvt Ltd is a private limited company based in Nagpur, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U45200MH1992PTC065667. Its GSTIN is 27AACCS5292H1Z4 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ketan S Salpekar (Managing Director) and Rachana Satish Salpekar.
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 Salpekar Bldgrani Jhansi Squar Sitabuldi, Nagpur, Maharashtra, India – 440012.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.52 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹6.27 Lakh (net margin -17.7%) and EBITDA of ₹1.1 Lakh (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 25% over five years.
As per MCA filings, the company has satisfied charges of ₹27 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Salpekar Developers Pvt Ltd's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSalpekar Bldgrani Jhansi Squar Sitabuldi, Nagpur, Maharashtra, India – 440012
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Salpekar Developers 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 Salpekar Developers 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 Salpekar Developers Pvt Ltd, buy the company report.
Financials of Salpekar Developers Pvt Ltd
FY 2025 filings availableSalpekar Developers Pvt Ltd reported revenue of ₹35.52 Lakh (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 40% fall in the latest year. EBITDA fell 8% 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 | ₹1.1 Lakh | ||||
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| Net Profit (PAT) | -₹6.27 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 | 3.1% | ||||
| Net Profit Margin | -17.7% | ||||
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To see the full financial statements and ratios of Salpekar Developers Pvt Ltd, buy the company report.
Board of directors of Salpekar Developers Pvt Ltd
Salpekar Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan S Salpekar | Managing Director | 23 Mar 2012 | 14 Years 7 Months | Current |
| Rachana Satish Salpekar | Director | 23 Mar 2012 | 14 Years 7 Months | Current |
| Satish Vasantrao Salpekar Also directs: Hadas HS Nagpur Alumni Association | Director | 28 Feb 1992 | 34 Years 8 Months | Current |
Auditor
Salpekar Developers Pvt Ltd is audited by LOYA BAGRI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOYA BAGRI & CO | FY 2019 | 105658W |
Shareholding
The shareholding of Salpekar Developers Pvt Ltd is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Salpekar Developers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 1998 | 90166578 | Pnb Bank | ₹15 Lakh | Satisfied | |
| 14 May 1998 | 90160952 | Pnb Bank | ₹12 Lakh | Satisfied |
To see the full charge records of Salpekar Developers Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Salpekar Developers Pvt Ltd has 4 court cases on record: 2 filed by Salpekar Developers, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Ishwar Kripa Developers Pvt. Ltd 3 and 3 others | Disposed |
| District court, Nagpur, Maharashtra | Court case (Reg Dkst) | Filed against the company by an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Salpekar Developers 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 Salpekar Developers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Salpekar Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS5292H1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salpekar Developers Pvt Ltd, buy the company report.
Recent activity
Salpekar Developers Pvt Ltd has 6 board changes on record since 1992: 3 appointments and 3 cessations. The latest: Rachana Satish Salpekar ceased to be Additional Director on 30 Sep 2017.
2 earlier events are in the company report.
Frequently asked questions
Salpekar Developers is an active private limited company based in Nagpur, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 February 1992 (34+ years old) and is registered under CIN U45200MH1992PTC065667.
Salpekar Developers has 3 current directors:
- Ketan S Salpekar - Managing Director
- Rachana Satish Salpekar - Director
- Satish Vasantrao Salpekar - Director
The latest financial statements of Salpekar 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 Salpekar Developers is 27AACCS5292H1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Salpekar Developers is U45200MH1992PTC065667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salpekar Developers has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Salpekar Developers was incorporated on 28 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Nagpur.
Rachana Satish Salpekar ceased to be Additional Director on 30 Sep 2017. Vilas Vasantrao Salpekar ceased to be Director on 24 Mar 2012. Ketan S Salpekar was appointed as Managing Director on 23 Mar 2012. Salpekar Developers has 6 board changes on record in total.
The registered office of Salpekar Developers is at Salpekar Bldgrani Jhansi Squar Sitabuldi, Nagpur, Maharashtra, India – 440012.
Salpekar Developers operates in the real estate and construction industry, in the real estate builders and developers segment.