Salton Developers Private Limited
About Salton Developers Private Limited
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Salton Developers Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Dreamcart Realty Services Private Limited. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 20 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70100DL2010PTC210620.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Gabino Developers Private Limited. It is led by directors Surendra Mohan Joshi and Seema Das Patra.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No. 621 – A 6th Floor Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.82 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹3.79 Lakh (net margin 65.1%) and EBITDA of ₹5.07 Lakh (EBITDA margin 87.1%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 14% over five years.
Its group structure includes 7 subsidiaries.
As per MCA filings, the company has open charges of ₹796.7 Cr and satisfied charges of ₹3,215.6 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Salton Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 621 – A 6th Floor Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Salton Developers Private Limited, 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 Salton 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 Salton Developers Private Limited, buy the company report.
Financials of Salton Developers Private Limited
FY 2023 filings availableSalton Developers Private Limited reported revenue of ₹5.82 Lakh (down 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 106% 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 | ₹5.07 Lakh | ||||
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| Net Profit (PAT) | ₹3.79 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 | 87.1% | ||||
| Net Profit Margin | 65.1% | ||||
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To see the full financial statements and ratios of Salton Developers Private Limited, buy the company report.
Board of directors of Salton Developers Private Limited
Salton Developers has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Mohan Joshi Also directs: Bioko Developers Private Limited, Magnet Developers Private Limited, Vatika One On One Private Limited and 5 more | Director | 18 Feb 2019 | 7 Years 8 Months | Current |
| Seema Das Patra Also directs: Velleity Developers Private Limited, Dreamcart Realty Services Private Limited, Galicia Developers Private Limited and 1 more | Director | 23 May 2019 | 7 Years 5 Months | Current |
Auditor
Salton Developers Private Limited is audited by Kana & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kana & Associates | FY 2022 | 021913N |
Shareholding
The shareholding of Salton Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Salton Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2021 | 100472340 | Idbi Trusteeship Services Limited | ₹163 Cr | Open | |
| 24 Feb 2021 | 100423299 | Idbi Trusteeship Services Limited | ₹138.7 Cr | Open | |
| 03 Feb 2020 | 100322372 | Idbi Trusteeship Services Limited | ₹155 Cr | Open | |
| 30 Jan 2020 | 100320655 | Idbi Trusteeship Services Limited | ₹340 Cr | Open | |
| 10 Jun 2019 | 100266873 | Idbi Trusteeship Services Limited | ₹68.44 Cr | Satisfied |
To see the full charge records of Salton Developers Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Salton Developers Private Limited has 3 court cases on record: 1 filed by Salton Developers, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Arbitration matter | Filed against the company by Charredev Niketan Pvt Ltd | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against State of Haryana & Others | Disposed |
To see the full case history of Salton 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Salton Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Salton Developers has 7 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bioko Developers Private Limited | U45400DL2008PTC175043 | |
| Enserve Electrocon and Furnishers Private Limited | U70100DL2013PTC261948 | |
| Gamey Security Solutions Private Limited | U70100HR2012PTC046072 | |
| Ignacio Developers Private Limited | U70109DL2012PTC245745 | |
| Aplin Developers Private Limited | U70200DL2010PTC209815 | |
| Haldis Developers Private Limited | U70200DL2012PTC245760 |
To see the full group structure of Salton Developers Private Limited, buy the company report.
GST
No GST registration is on our record for Salton Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Salton Developers Private Limited has 17 board changes on record since 2011: 2 appointments and 15 cessations. The latest: Sharad Kumar Singh ceased to be Company Secretary on 16 Jan 2020.
39 earlier events are in the company report.
Frequently asked questions
Salton Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 20 November 2010 (16+ years old) and is registered under CIN U70100DL2010PTC210620.
Salton Developers has 2 current directors:
- Surendra Mohan Joshi - Director
- Seema Das Patra - Director
The latest financial statements of Salton Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Salton Developers is U70100DL2010PTC210620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salton Developers has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Salton Developers was incorporated on 20 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Sharad Kumar Singh ceased to be Company Secretary on 16 Jan 2020. Seema Das Patra ceased to be Additional Director on 27 Sep 2019. Surendra Mohan Joshi ceased to be Additional Director on 27 Sep 2019. Salton Developers has 17 board changes on record in total.
The registered office of Salton Developers is at Flat No. 621 – A 6th Floor Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019.
Salton Developers operates in the real estate industry, in the real estate leasing segment.
Salton Developers has open charges of ₹796.7 Cr and satisfied charges of ₹3,215.6 Cr as per latest MCA filings.