Salsette Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Mumbai, Maharashtra, India, established in 2012.
2012 Mumbai, Maharashtra, India Active
Last Updated:
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About Salsette Developers Private Limited

Salsette Developers Private Limited, a active private limited company, was established on 24 January 2012 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U45100MH2012PTC226393. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹462.00 Cr and a paid-up capital of ₹345.45 Cr.

Formerly known as Shazam Foods Private Limited, Windsor Advisors Private Limited. It upholds a compliant status. Its leadership includes Karim Kasimali Merchant (Nominee Director), Koshtishwaran Iyer (Nominee Director), Ashwin Puri (Nominee Director). Past directors included Karim Kasimali Merchant, Koshtishwaran Iyer, Bob James Valy. It holds ₹1,224.08 Cr open charges and ₹1,535.20 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No. 1611-12, 16Th Floor, C Wing, G Block One Bkc, Bandra Kurla Complex, Bandra (E, Ast), Mumbai, Maharashtra, 400051.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45100MH2012PTC226393

  • Registration Number

    226393

  • Incorporation Date

    24 January 2012

  • Authorized Capital

    ₹462.00 Cr

  • Paid-Up Capital

    ₹345.45 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 462.00 Cr
  • Paid Up Capital ₹ 345.45 Cr
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,224.08 Cr
  • Satisfied Charges ₹ 1,535.20 Cr
  • Revenue Growth **** 34256.46%
  • Profit Growth **** -269.70%
  • Ebitda **** 21724.02%
  • Net Worth -10.52%
  • Total Assets **** 56.32%
Company report

Salsette Developers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Salsette Developers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Salsette Developers Private Limited?
Current Directors
Name Designation Appointment Date Status
Karim Kasimali Merchant Nominee Director 16 Aug 2021 Current
Koshtishwaran Iyer Nominee Director 16 Aug 2021 Current
Ashwin Puri Nominee Director 16 Aug 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Aug 2021 Past
Pramod Abcsdd Additional Director 31 May 2022 Past
Pramod Abcsdd Additional Director 16 Aug 2021 Past
Pramod Abcsdd Additional Director 31 May 2022 Past
Pramod Abcsdd Director 30 Apr 2012 Past
Pramod Abcsdd Director 16 Aug 2021 Past

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Financial Performance of Salsette Developers.

Salsette Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34256.46% increase. The company also saw a substantial fall in profitability, with a 269.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.52%.

Salsette Developers revenue growth over time
Salsette Developers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 34256.46%
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Revenue from Operations
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 33800.30%
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*******
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Total Assets
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 56.32%
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Profit or Loss
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 -269.70%
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Net Worth
*******
 -10.52%
*******
*******
*******
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EBITDA
*******
 21724.02%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Salsette Developers?

In 2023, Salsette Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹12,240,810,828.00

Satisfied Charges

₹15,352,000,000.00

Charges Breakdown by Lending Institutions
  • Idbi Trusteeship Services Limited : 1200.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 24.08 Cr
Latest Charge Details
Date Lender Amount Status
29 Apr 2025 Idbi Trusteeship Services Limited ₹1,200.00 Cr Open
30 Sep 2024 The Hongkong And Shanghai Banking Corporation Limited ₹24.08 Cr Open
29 May 2024 Idbi Trusteeship Services Limited ₹150.00 Cr Satisfied
23 Feb 2024 Idbi Trusteeship Services Limited ₹335.00 Cr Satisfied
12 Jan 2023 Idbi Trusteeship Services Limited ₹550.00 Cr Satisfied

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How Many Employees Work at Salsette Developers?

Unlock and access historical data on people associated with Salsette Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salsette Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Salsette Developers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Salsette Developers
Recent Activity within the Organization
  • Annual General Meeting

    The activity Salsette Developers Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was completed.

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 1,200.00 Cr with Charge ID 101088843 was registered on 29 Apr 2025. was recorded as a recent event.

  • Balance Sheet

    Salsette Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 29 May 2024 via Charge ID 100925167 with Idbi Trusteeship Services Limited was fully satisfied on 29 Oct 2024. was documented.

  • Charges

    Progress on A charge registered on 23 Feb 2024 via Charge ID 100877128 with Idbi Trusteeship Services Limited was fully satisfied on 29 Oct 2024. was documented.

  • Charges

    Progress on A charge registered on 12 Jan 2023 via Charge ID 100670970 with Idbi Trusteeship Services Limited was fully satisfied on 29 Oct 2024. was documented.

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Frequently Asked Questions
What is the CIN of Salsette Developers Private Limited?

The CIN of Salsette Developers Private Limited is U45100MH2012PTC226393.

Where is Salsette Developers Private Limited headquartered?

Salsette Developers Private Limited is headquartered at Unit No. 1611-12, 16Th Floor, C Wing, G Block One Bkc, Bandra Kurla Complex, Bandra (E, Ast), Mumbai, Maharashtra, 400051.

When was Salsette Developers Private Limited incorporated?

Salsette Developers Private Limited was incorporated on 24 January 2012.

Who are the current directors of Salsette Developers Private Limited?

The current directors of Salsette Developers Private Limited are

What is the primary industry of Salsette Developers Private Limited?

The primary industry of Salsette Developers Private Limited is Real Estate.

Is Salsette Developers Private Limited a listed company?

Salsette Developers Private Limited is unlisted.

What is the capital structure of Salsette Developers Private Limited?

The authorized capital of Salsette Developers Private Limited is ₹462.00 Cr, and the paid-up capital is ₹345.45 Cr.

What is the compliance status of Salsette Developers Private Limited?

The compliance status of Salsette Developers Private Limited is Compliant.

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