- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-06-0011453

SGB Developers Private Limited
About SGB Developers Private Limited
Data last updated:
SGB Developers Private Limited is a private limited company based in Darjeeling, West Bengal, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 10 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB1999PTC090582. Its GSTIN is 19AAHCS1642J1Z5 (West Bengal).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.77 Lakh. It is led by directors including Saurav Kumar Agarwal and Ashok Kumar Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at National Commerce House14 Church Road Siliguri, Darjeeling, West Bengal, India – 734401.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.72 Lakh (net margin -393.9%) and EBITDA of -₹4.55 Lakh (EBITDA margin -313.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹34 Cr and satisfied charges of ₹16 Cr on record.
SGB Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-06-0011453). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of SGB Developers
Contact details
SGB Developers Private Limited's registered office is in Darjeeling, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNational Commerce House14 Church Road Siliguri, Darjeeling, West Bengal, India – 734401
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of SGB 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 SGB Developers Private Limited
FY 2024 filings availableSGB Developers Private Limited reported revenue of ₹1.45 Lakh (up 637% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 637% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 41%. EBITDA fell 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹4.55 Lakh | ||||
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| Net Profit (PAT) | -₹5.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -313.2% | ||||
| Net Profit Margin | -393.9% | ||||
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To see the full financial statements and ratios of SGB Developers Private Limited, buy the company report.
Board of directors of SGB Developers Private Limited
SGB Developers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurav Kumar Agarwal Also directs: Shree Shyam Transport Private Limited, Ms Trade & Commerce Private Limited, Art Real Estate Ventures LLP and 4 more | Director | 02 Apr 2007 | 19 Years 6 Months | Current |
| Ashok Kumar Agarwal | Director | 20 Apr 2003 | 23 Years 6 Months | Current |
| Usha Devi Agarwal | Director | 16 Jul 2012 | 14 Years 3 Months | Current |
| Gaurav Kumar Agarwal Also directs: Shree Shyam Transport Private Limited, Ms Trade & Commerce Private Limited, Art Real Estate Ventures LLP and 4 more | Director | 16 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
SGB Developers Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shimmer Hotels & Resorts Private Limited | ₹1.46 Lakh (FY 2025) | -100.0% | Delhi, India | |||
| GJS Hotels Limited | ₹1.46 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| SGB Developers Private Limitedthis company | ₹1.45 Lakh (FY 2024) | -₹5.72 Lakh | -393.9% | 637.0% | Darjeeling, West Bengal, India | |
| Ascott Beverly Park Hospitality (India) Private Limited | ₹1.45 Lakh (FY 2025) | -100.0% | Chennai, Tamil Nadu, India | |||
| Sankpal Hotels Private Limited | ₹1.45 Lakh (FY 2022) | Mumbai, Maharashtra, India |
To see the full peer comparison of SGB Developers Private Limited, buy the company report.
Auditor
SGB Developers Private Limited is audited by M DALMIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M DALMIA & ASSOCIATES | FY 2023 | 021741C |
Shareholding
The shareholding of SGB Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SGB Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2023 | 100785557 | Hdfc Bank Limited | ₹17 Cr | Open | |
| 24 Aug 2023 | 100786695 | Hdfc Bank Limited | ₹17 Cr | Open | |
| 11 Mar 2022 | 100557566 | State Bank of India | ₹16 Cr | Satisfied |
To see the full charge records of SGB Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving SGB 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 SGB Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SGB Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAHCS1642J1Z5 | West Bengal | Active | 10 Jan 2020 |
To see the full GST registrations and return filing status of SGB Developers Private Limited, buy the company report.
Recent activity
SGB Developers Private Limited has 7 board changes on record since 2003: 4 appointments and 3 cessations. The latest: Gaurav Kumar Agarwal was appointed as Director on 16 Jul 2012.
3 earlier events are in the company report.
Frequently asked questions
SGB Developers is an active private limited company based in Darjeeling, West Bengal, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 10 November 1999 (27+ years old) and is registered under CIN U70109WB1999PTC090582.
SGB Developers has 4 current directors:
- Saurav Kumar Agarwal - Director
- Ashok Kumar Agarwal - Director
- Usha Devi Agarwal - Director
- Gaurav Kumar Agarwal - Director
The latest financial statements of SGB Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of SGB Developers is 19AAHCS1642J1Z5, registered in West Bengal.
The CIN (Corporate Identification Number) of SGB Developers is U70109WB1999PTC090582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SGB Developers was incorporated on 10 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of SGB Developers by revenue are Shimmer Hotels & Resorts Private Limited, GJS Hotels Limited, Ascott Beverly Park Hospitality (India) Private Limited, Sankpal Hotels Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Gaurav Kumar Agarwal was appointed as Director on 16 Jul 2012. Usha Devi Agarwal was appointed as Director on 16 Jul 2012. Binay Kumar Agarwal ceased to be Director on 02 Apr 2007. SGB Developers has 7 board changes on record in total.
Yes, SGB Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-06-0011453).
The registered office of SGB Developers is at National Commerce House14 Church Road Siliguri, Darjeeling, West Bengal, India – 734401.
SGB Developers operates in the travel and hospitality industry, in the hotel and accommodation services segment.