Sarang Property Developers Private Limited
About Sarang Property Developers Private Limited
Data last updated:
Sarang Property Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kanakia Spaces Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1999PTC122297. Its GSTIN is 27AADCS6382B1ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.95 Cr. It was formerly known as Sarang Fashions Private Limited. It is led by directors Rupal Rasesh Kanakia and Hiral Himanshu Kanakia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹66.9 Lakh, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹24.3 Lakh (net margin 36.3%) and EBITDA of ₹32.35 Lakh (EBITDA margin 48.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹543 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA Wing Ground Floor Vilco Centre, Subhash Road Opp Garware, Mumbai, Maharashtra, India – 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Sarang Property Developers Private Limited
The main business activity of Sarang Property Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sarang Property Developers Private Limited FY 2025 filings available
Sarang Property Developers Private Limited reported revenue of ₹66.9 Lakh (up 137% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sarang Property Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 137% growth 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 of Sarang Property Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹32.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.3 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 of Sarang Property Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 36.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sarang Property Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sarang Property Developers Private Limited
Sarang Property Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Homeland Enclaves Limited | ₹66.96 Lakh (FY 2024) | •••• | •••• | 19155.0% | •••• | Bathinda, Punjab, India |
| Plus Projects Private Limited | ₹66.95 Lakh (FY 2024) | •••• | •••• | 319.0% | •••• | New Delhi, Delhi, India |
| Alankar Buildcon Private Limited | ₹66.94 Lakh (FY 2025) | •••• | •••• | 682.0% | •••• | Jaipur, Rajasthan, India |
| Samsung Builders and Developers Private Limited | ₹66.94 Lakh (FY 2024) | •••• | •••• | 197.0% | •••• | Mumbai, Maharashtra, India |
| The Alagh Business Associates Private Limited | ₹66.93 Lakh (FY 2024) | •••• | •••• | 91.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Sarang Property Developers Private Limited this company | ₹66.9 Lakh (FY 2024) | •••• | •••• | 137.0% | •••• | Mumbai, Maharashtra, India |
| Mather Projects Private Limited | ₹66.89 Lakh (FY 2025) | •••• | •••• | 145.0% | •••• | Mumbai, Maharashtra, India |
| Anamika Developers Pvt Ltd | ₹66.88 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Borneo Realship Ltd | ₹66.86 Lakh (FY 2024) | •••• | •••• | 147.0% | •••• | Kolkata, West Bengal, India |
| Archred Infra Energy (OPC) Private Limited | ₹66.85 Lakh (FY 2025) | •••• | •••• | 234.0% | •••• | Delhi, India |
| The Floor Space Worldwide Advisors Private Limited | ₹66.85 Lakh (FY 2024) | •••• | •••• | 106.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sarang Property Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sarang Property Developers Private Limited
Sarang Property Developers Private Limited is audited by A.J. KANAKIA & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.J. KANAKIA & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sarang Property Developers Private Limited
Sarang Property Developers has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupal Rasesh Kanakia | Director | 05 Mar 2015 | 11 Years 7 Months | Current |
| Hiral Himanshu Kanakia | Director | 05 Mar 2015 | 11 Years 7 Months | Current |
Ownership and Shareholding of Sarang Property Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sarang Property Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2021 | Others | ₹100 Cr | Satisfied |
| 28 Jun 2012 | Jm Financial Products Limited | ₹50 Cr | Satisfied |
| 25 Jun 2011 | Il & Fs Trust Company Limited | ₹190 Cr | Satisfied |
| 25 Jun 2011 | Il & Fs Trust Company Limited | ₹110 Cr | Satisfied |
| 06 Jan 2011 | Axis Trustee Services Limited | ₹45 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Sarang Property Developers Private Limited
Sarang Property Developers Private Limited has 5 court cases on record: 2 filed by Sarang Property Developers, 3 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-Central-2 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax Central-2 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax,Central-2 | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sarang Property Developers Private Limited
Employment history and EPFO contributions of people linked to Sarang Property Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sarang Property Developers Private Limited
Sarang Property Developers Private Limited has 15 board changes on record since 2008: 2 appointments and 13 cessations. The latest: Ashish Rasesh Kanakia ceased to be Director on 24 Jan 2019.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sarang Property Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sarang Property Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sarang Property Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sarang Property Developers Private Limited
Sarang Property Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS6382B1ZE | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sarang Property Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sarang Property Developers Private Limited
Sarang Property 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 21 October 1999 (27+ years old) and is registered under CIN U51900MH1999PTC122297.
Sarang Property Developers reported revenue of ₹66.9 Lakh for FY 2024 (up 137% YoY).
Sarang Property Developers has 2 current directors:
- Rupal Rasesh Kanakia - Director
- Hiral Himanshu Kanakia - Director
Sarang Property Developers reported a net profit of ₹24.3 Lakh (net margin 36.3%) and EBITDA of ₹32.35 Lakh (EBITDA margin 48.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sarang Property Developers is 28% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 137%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sarang Property Developers is 27AADCS6382B1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sarang Property Developers is U51900MH1999PTC122297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarang Property Developers has 5 court cases on record: 2 filed by the company and 3 filed against it.
Sarang Property Developers was incorporated on 21 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sarang Property Developers by revenue are Homeland Enclaves Limited, Plus Projects Private Limited, Alankar Buildcon Private Limited, Samsung Builders and Developers Private Limited, The Alagh Business Associates Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ashish Rasesh Kanakia ceased to be Director on 24 Jan 2019. Asha Hemant Shah ceased to be Director on 01 Feb 2017. Hiral Himanshu Kanakia ceased to be Additional Director on 30 Sep 2015. Sarang Property Developers has 15 board changes on record in total.