- #228 Bijay Kumar Agarwal & family ₹16,500 Cr

About Sattva Developers Private Limited
Data last updated:
Sattva Developers Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 January 2004 and has been in existence for over 22 years.
Its director Bijay Kumar Agarwal and family are #228 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB2004PTC097736. Its GSTIN is 29AAICS2869J1ZO (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3.45 Cr and a paid-up capital of ₹75.53 Lakh. It was formerly known as Sumedha Niketan Private Limited and Sattva Properties Private Limited. It is led by directors including Pradyumna Kumar Mishra and Mahesh Kumar Khaitan.
Its last annual general meeting (AGM) was held on 16 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,128.24 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹624.82 Cr (net margin 55.4%) and EBITDA of ₹647.58 Cr (EBITDA margin 57.4%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 18% over five years.
The company has about 281 employees on its provident fund (EPFO) records. Its group structure includes 10 subsidiaries and 12 joint ventures.
The company is associated with 1 brand: Sattva Group. As per MCA filings, the company has open charges of ₹700.91 Cr and satisfied charges of ₹1,361.07 Cr on record. Court records list 66 cases involving the company, including 27 filed by the company and 19 filed against it; 21 cases are pending. The company has 5 deals on record (2 funding rounds, 2 debt financings, 1 acquisition), with disclosed funding of ₹163.54 Cr; the latest was in October 2023. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is DLF Urban Private Limited with revenue of ₹1,162.39 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sattvagroup.in.
Name History of Sattva Developers Private Limited
Sattva Developers has undergone 2 name changes throughout its history. The company was previously known as Sumedha Niketan Private Limited, and Sattva Properties Private Limited. The current legal name is Sattva Developers Private Limited.
| Company Name | Status |
|---|---|
| Sattva Developers Private Limited | Current |
| Sumedha Niketan Private Limited | Previous |
| Sattva Properties Private Limited | Previous |
Recognitions & Rankings of Sattva Developers
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.41 Netaji Subhas Road, 4th Floor R. No. 404, Kolkata, West Bengal, India – 700001
- 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
Associated Brands with Sattva Developers Private Limited
Sattva Developers operates one associated brand: Sattva Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive real estate development and facility management consulting for residential and commercial projects. | sattvagroup.in |
Business Activity of Sattva Developers Private Limited
The main business activity of Sattva Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | 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 Sattva Developers Private Limited FY 2024 filings available
Sattva Developers Private Limited reported revenue of ₹1,128.24 Cr (up 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sattva Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 74% growth in the latest year. EBITDA rose 109% 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 Sattva Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹647.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹624.82 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Sattva Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 55.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Sattva 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.
Board of Directors of Sattva Developers Private Limited
Sattva Developers has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradyumna Kumar Mishra | Director | 24 Apr 2023 | 3 Years 5 Months | Current |
| Mahesh Kumar Khaitan Also directs: Neelanchal Realtors LLP, Sattva Lifestyle Homes LLP, Neelanchal Dwellings LLP and 5 more | Director | 30 Apr 2008 | 18 Years 5 Months | Current |
| Bijay Kumar Agarwal Also directs: Salarpuria Simplex Dwellings LLP, Parth Infrapromoter LLP, Neelanchal Properties LLP and 5 more | Director | 30 Jan 2004 | 22 Years 8 Months | Current |
| Niru Agarwal Also directs: Neelanchal Properties LLP, Neelanchal Happy Homes LLP, Neelanchal High Rise LLP and 5 more | Director | 30 Jan 2004 | 22 Years 8 Months | Current |
Peer Comparison of Sattva Developers Private Limited
Sattva 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 |
|---|---|---|---|---|---|---|
| DLF Urban Private Limited | ₹1,162.39 Cr (FY 2025) | •••• | •••• | 24807.0% | •••• | Gurgaon, Haryana, India |
| Zinnia Promoters & Developers Private Limited. | ₹1,154.97 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Uppal-Chadha Hi-Tech Developers Private Limited | ₹1,154.92 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Experion Developers Private Limited | ₹1,148.83 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| NSL Estates Private Limited | ₹1,130.31 Cr (FY 2025) | •••• | •••• | 3399.0% | •••• | Hyderabad, Telangana, India |
| Sattva Developers Private Limited this company | ₹1,128.24 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | Kolkata, West Bengal, India |
| Manglam Multiplex Private Limited | ₹1,122.25 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Gurugram, Haryana, India |
| K Raheja Corp Real Estate Private Limited | ₹1,120.18 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Mumbai, Maharashtra, India |
| My Home Infrastructures Private Limited | ₹1,094.7 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Sas Hotels & Enterprises Limited | ₹1,091.4 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Vascon Engineers Limited Listed | ₹1,089.91 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sattva 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 Sattva Developers Private Limited
Sattva Developers Private Limited is audited by M O J & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M O J & Associates | 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.
Ownership and Shareholding of Sattva 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 Sattva Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2025 | Others | ₹90 Lakh | Open |
| 07 Aug 2024 | Others | ₹1.13 Lakh | Open |
| 01 Aug 2023 | Yes Bank Limited | ₹500 Cr | Open |
| 09 Mar 2022 | Others | ₹200 Cr | Open |
| 06 Aug 2024 | Others | ₹5 Cr | Satisfied |
Total charge records: 31 View all charges
Deals & Funding of Sattva Developers Private Limited
Sattva Developers Private Limited has 5 deals on record (2 funding rounds, 2 debt financings, 1 acquisition), with disclosed funding of ₹163.54 Cr; the latest was in October 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Acquisition | ₹50 Cr | Buyer: Salarpuria Properties Pvt Ltd |
| Sep 2016 | Debt financing | ₹123 Cr | Investors: Wellgrowth Griha Nirman Private Limited , Salarpuria Griha Nirman Private Limited , Haraparvati Realtors Pvt Ltd |
| Mar 2015 | Debt financing | ₹40 Cr | Investors: Softzone Tech Park Limited |
| Nov 2011 | Funding round | ₹19.9 Lakh | Investors: Sattva Real Estate Private Limited |
| Jun 2009 | Funding round | ₹34 Lakh | Investors: Sattva Real Estate Private Limited , Bijay Kumar Agarwal (Huf), 2 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sattva Developers Private Limited
Sattva Developers Private Limited has 66 court cases on record: 27 filed by Sattva Developers, 19 filed against it, 20 where it is another party. 21 cases are pending and 45 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 10 | 8 |
| High courts | 31 | 8 | 12 |
| Supreme Court | 3 | 1 | 1 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Arbitration matter | Filed by the company against Lorven Projects Limited | Pending |
| District court, Hyderabad CCC, Telangana | Court case (A.R.B.O.P) | Filed against the company by Omics International Private Limited | Pending |
| Calcutta High Court | Court case (AP-COM) | Filed by the company against Baglas Traders Pvt Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed by the company against Omics International Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Chrysolite Property Developments Private Limited | Pending |
Full case history
All 66 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.
MSME Payment Delays by Sattva Developers Private Limited
Sattva Developers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Load Controls India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Sattva Developers Private Limited
Sattva Developers Private Limited has a workforce of 281 employees as of Nov 07, 2025.
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.
Group Structure of Sattva Developers Private Limited
Sattva Developers has 10 subsidiary companies, 12 joint ventures, and 53 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Adel Assesories Private Limited | U29214KA2007PTC044501 | Locked |
| Sattva Knowledge Space Private Limited | U45100KA2012PTC065328 | Locked |
| Water Edge Builders Private Limited | U45200WB2007PTC226981 | Locked |
| Darshita Projects Private Limited | U70100WB2016PTC226980 | Locked |
| Chinnamasta Properties Private Limited | U70101WB2005PTC105445 | Locked |
| Bhojeshwar Realtors Private Limited | U70101WB2006PTC110187 | Locked |
Showing major subsidiaries. Total: 10.
Recent Activity on Sattva Developers Private Limited
Sattva Developers Private Limited has 8 board changes on record since 2004: 4 appointments and 4 cessations. The latest: Pradyumna Kumar Mishra ceased to be Director on 29 Sep 2023.
63 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sattva 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.
Subsidiaries & Group Companies of Sattva 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 Sattva Developers Private Limited
Sattva Developers has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS2869J1ZO | Karnataka | Active | 01 Jul 2017 |
| 27AAICS2869J1ZS | Maharashtra | Active | 01 Jun 2018 |
| 36AAICS2869J1ZT | Telangana | Active | 12 Dec 2019 |
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 Sattva 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.
Related news about Sattva Developers Private Limited
Frequently Asked Questions about Sattva Developers Private Limited
Sattva Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 January 2004 (22+ years old) and is registered under CIN U70101WB2004PTC097736.
Sattva Developers reported revenue of ₹1,128.24 Cr for FY 2025 (up 74% YoY).
Sattva Developers has 4 current directors:
- Pradyumna Kumar Mishra - Director
- Mahesh Kumar Khaitan - Director
- Bijay Kumar Agarwal - Director
- Niru Agarwal - Director
Sattva Developers reported a net profit of ₹624.82 Cr (net margin 55.4%) and EBITDA of ₹647.58 Cr (EBITDA margin 57.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sattva Developers is 46% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 74%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sattva Developers is 29AAICS2869J1ZO, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAICS2869J1ZS (Maharashtra), 36AAICS2869J1ZT (Telangana).
The CIN (Corporate Identification Number) of Sattva Developers is U70101WB2004PTC097736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sattva Developers has 66 court cases on record: 27 filed by the company and 19 filed against it. 21 are pending. Most are in the district courts.
Sattva Developers was incorporated on 30 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Sattva Developers has 5 deals on record (2 funding rounds, 2 debt financings, 1 acquisition), with disclosed funding of ₹163.54 Cr; the latest was in October 2023.
The peers of Sattva Developers by revenue are DLF Urban Private Limited, Zinnia Promoters & Developers Private Limited, Uppal-Chadha Hi-Tech Developers Private Limited, Experion Developers Private Limited, NSL Estates Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Pradyumna Kumar Mishra ceased to be Director on 29 Sep 2023. Pradyumna Kumar Mishra was appointed as Director on 24 Apr 2023. Amit Bajoria ceased to be Director on 09 Sep 2011. Sattva Developers has 8 board changes on record in total.