About SD Development Management Private Limited
Data last updated:
SD Development Management Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of S D Corporation Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2008PTC178560. Its GSTIN is 27AAACW7630B1ZK (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Welknown Properties Private Limited. It is led by directors including Sudhir Bhimrao Wakure and Rajesh Nandkumar Bathija.
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 70 Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.59 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹2.43 Cr (net margin -43.4%) and EBITDA of -₹89.43 Lakh (EBITDA margin -16%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹341.14 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sdcorp.in.
Company details
Contact details
SD Development Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is sdcorp.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address70 Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400023
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of SD Development Management 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 SD Development Management 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 SD Development Management Private Limited, buy the company report.
Financials of SD Development Management Private Limited
FY 2025 filings availableSD Development Management Private Limited reported revenue of ₹5.59 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA rose 57% 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 |
|---|---|---|---|---|---|
| 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 | -₹89.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.43 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16% | ||||
| Net Profit Margin | -43.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of SD Development Management Private Limited, buy the company report.
Board of directors of SD Development Management Private Limited
SD Development Management has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Bhimrao Wakure Also directs: SDC Township Private Limited, Coventry Properties Private Limited, Always Remember Properties Private Limited and 1 more | Director | 29 Oct 2024 | 1 Years 11 Months | Current |
| Rajesh Nandkumar Bathija Also directs: Seaward Realty Private Limited, Awesome Properties Private Limited, S. D. Town Development Private Limited and 5 more | Director | 02 Jan 2024 | 2 Years 9 Months | Current |
| Anil Anant Katdare Also directs: SD Dream Homes Private Limited, SD Properties Developers Private Limited, Seaward Realty Private Limited and 5 more | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
| Dinesh Lalbhai Patel Also directs: SDC Mines Private Limited, Grand Cuisines Banquets Private Limited, Foodline Catering & Retail Private Limited and 5 more | Director | 06 May 2019 | 7 Years 5 Months | Current |
Auditor
SD Development Management Private Limited is audited by SHAH MODI KATUDIA & CO LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH MODI KATUDIA & CO LLP | FY 2020 | W100214 |
Shareholding
The shareholding of SD Development Management Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of SD Development Management Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2025 | 101211153 | Others | ₹5 Cr | Open | |
| 24 Jun 2021 | 100459635 | Axis Bank Limited | ₹10.14 Cr | Satisfied | |
| 31 Dec 2020 | 100407852 | Others | ₹43 Cr | Satisfied | |
| 17 Jan 2020 | 100319616 | Others | ₹50 Cr | Satisfied | |
| 05 Feb 2019 | 100237317 | Others | ₹100 Cr | Satisfied |
To see the full charge records of SD Development Management Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
SD Development Management Private Limited has 3 court cases on record: 1 filed by SD Development Management, 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by S. D. Corporation Private Limited | Pending |
| Bombay High Court | Court case (S) | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against The Union of India and 3 others | Pending |
To see the full case history of SD Development Management 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 SD Development Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SD Development Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW7630B1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SD Development Management Private Limited, buy the company report.
Recent activity
SD Development Management Private Limited has 19 board changes on record since 2008: 4 appointments and 15 cessations. The latest: Sudhir Bhimrao Wakure ceased to be Additional Director on 29 Sep 2025.
25 earlier events are in the company report.
Frequently asked questions
SD Development Management 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 06 February 2008 (18+ years old) and is registered under CIN U70102MH2008PTC178560.
SD Development Management has 4 current directors:
- Sudhir Bhimrao Wakure - Director
- Rajesh Nandkumar Bathija - Director
- Anil Anant Katdare - Director
- Dinesh Lalbhai Patel - Director
The latest financial statements of SD Development Management 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 SD Development Management is 27AAACW7630B1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of SD Development Management is U70102MH2008PTC178560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SD Development Management has 3 court cases on record: 1 filed by the company and 2 filed against it. 3 are pending.
SD Development Management was incorporated on 06 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Sudhir Bhimrao Wakure ceased to be Additional Director on 29 Sep 2025. Sudhir Bhimrao Wakure was appointed as Director on 29 Oct 2024. Rajesh Nandkumar Bathija ceased to be Additional Director on 29 Sep 2024. SD Development Management has 19 board changes on record in total.
SD Development Management can be reached through the website sdcorp.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of SD Development Management is at 70 Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400023.