Sea Mist Builders and Developers Private Limited
About Sea Mist Builders and Developers Private Limited
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Sea Mist Builders and Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Aditya Birla Real Estate Fund. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 May 2013.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2013PTC243495.
The company has an authorised share capital of ₹13.5 Cr and a paid-up capital of ₹82.23 Lakh. It is led by directors including Nikhil Mulraj Toprani and Akshat Asit Pandya.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Raheja Chambers Linking Road And Main Avenue Santacruz West, Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.53 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹32.98 Lakh (net margin 55.4%) and EBITDA of ₹43.96 Lakh (EBITDA margin 73.8%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years.
As per MCA filings, the company has satisfied charges of ₹75.61 Cr on record.
Company details
Contact details
Sea Mist Builders and Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressRaheja Chambers Linking Road And Main Avenue Santacruz West, Mumbai, Maharashtra, India – 400054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sea Mist Builders and 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
Financials of Sea Mist Builders and Developers Private Limited
FY 2025 filings availableSea Mist Builders and Developers Private Limited reported revenue of ₹59.53 Lakh (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 76% over three years, including a 98% fall in the latest year. EBITDA fell 74% 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 | ₹43.96 Lakh | ||||
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| Net Profit (PAT) | ₹32.98 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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| Profitability | |||||
| EBITDA Margin | 73.8% | ||||
| Net Profit Margin | 55.4% | ||||
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To see the full financial statements and ratios of Sea Mist Builders and Developers Private Limited, buy the company report.
Board of directors of Sea Mist Builders and Developers Private Limited
Sea Mist Builders and Developers has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Mulraj Toprani | Director | 14 Sep 2016 | 10 Years 1 Months | As last reported |
| Rohit Kadel | Additional Director | 18 Nov 2022 | 3 Years 11 Months | As last reported |
| Akshat Asit Pandya Also directs: Pragnya South City Projects Private Limited | Director | 30 Mar 2015 | 11 Years 6 Months | As last reported |
| Chirag Juneja | Director | 10 Oct 2023 | 3 Years 0 Months | As last reported |
Peer comparison
Sea Mist Builders and Developers Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infracity Developers Private Limited | ₹59.58 Lakh (FY 2015) | -37.0% | Gurgaon, Haryana, India | |||
| Swastik Power and Infra Private Limited | ₹59.54 Lakh (FY 2025) | 73.0% | Indore, Madhya Pradesh, India | |||
| Harsha Associates Private Limited | ₹59.54 Lakh (FY 2024) | 102.0% | Delhi, India | |||
| Manobal Vanijya Pvt Ltd | ₹59.53 Lakh (FY 2025) | 20048.0% | Kolkata, West Bengal, India | |||
| Innokaiz Properties Private Limited | ₹59.53 Lakh (FY 2025) | -54.0% | Chennai, Tamil Nadu, India | |||
| Sea Mist Builders and Developers Private Limitedthis company | ₹59.53 Lakh (FY 2025) | ₹32.98 Lakh | 55.4% | -98.0% | Mumbai, Maharashtra, India | |
| GBM Developers and Promoters Private Limited | ₹59.52 Lakh (FY 2019) | -69.0% | Chandigarh, India | |||
| Gurukripa Townships Private Limited | ₹59.51 Lakh (FY 2025) | -51.0% | Raipur, Chhattisgarh, India | |||
| Kothari Builders Pvt Ltd | ₹59.5 Lakh (FY 2024) | -19.0% | Mumbai, Maharashtra, India | |||
| Muse Dealers Private Limited | ₹59.5 Lakh (FY 2022) | 68.0% | Kolhapur, Maharashtra, India | |||
| Mangal Infracon Private Limited | ₹59.5 Lakh (FY 2024) | -45.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sea Mist Builders and Developers Private Limited, buy the company report.
Auditor
Sea Mist Builders and Developers Private Limited is audited by Kirtane & Pandit LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kirtane & Pandit LLP | FY 2018 | 105215W/W100057 |
Shareholding
The shareholding of Sea Mist Builders and Developers Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sea Mist Builders and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2014 | 10514787 | Il & Fs Trust Company Limited | ₹75.61 Cr | Satisfied |
To see the full charge records of Sea Mist Builders and Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sea Mist Builders and Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sea Mist Builders and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sea Mist Builders and Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sea Mist Builders and Developers Private Limited has 13 board changes on record since 2014: 4 appointments and 9 cessations. The latest: Chirag Juneja ceased to be Additional Director on 29 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
Sea Mist Builders and Developers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sea Mist Builders and Developers is a company under liquidation, formerly operating as a 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 22 May 2013 and is registered under CIN U45400MH2013PTC243495. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sea Mist Builders and Developers has 4 current directors:
- Nikhil Mulraj Toprani - Director
- Rohit Kadel - Additional Director
- Akshat Asit Pandya - Director
- Chirag Juneja - Director
The latest financial statements of Sea Mist Builders and Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sea Mist Builders and Developers is U45400MH2013PTC243495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sea Mist Builders and Developers has no open charges and satisfied charges of ₹75.61 Cr as per latest MCA filings.
Sea Mist Builders and Developers was incorporated on 22 May 2013. It is registered with the Registrar of Companies, Mumbai.
The peers of Sea Mist Builders and Developers by revenue are Infracity Developers Private Limited, Swastik Power and Infra Private Limited, Harsha Associates Private Limited, Manobal Vanijya Pvt Ltd, Innokaiz Properties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Chirag Juneja ceased to be Additional Director on 29 Sep 2024. Rohit Kadel ceased to be Additional Director on 15 Oct 2023. Chirag Juneja was appointed as Director on 10 Oct 2023. Sea Mist Builders and Developers has 13 board changes on record in total.
The registered office of Sea Mist Builders and Developers is at Raheja Chambers Linking Road And Main Avenue Santacruz West, Mumbai, Maharashtra, India – 400054.
Sea Mist Builders and Developers operates in the real estate and construction industry, in the real estate builders and developers segment.