SGS Construction & Developers Private Limited
About SGS Construction & Developers Private Limited
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SGS Construction & Developers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 October 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40101DL2001PTC112938. Its GSTIN is 07AAHCS7169Q2ZD (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹4.92 Cr. It was formerly known as Sunny Power Generation Limited and Sgs Construction & Developers Limited. It is led by directors Venkata Sridevi Swarup Kumar Kurapati (Managing Director) and Atul Srivastava.
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 R – 10, Green Park Main, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.81 Cr, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Cr (net margin -25.7%) and EBITDA of -₹2.94 Cr (EBITDA margin -24.9%). Revenue has grown at a compounded annual rate (CAGR) of 266% over three years and 95% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.48 Cr and satisfied charges of ₹1,118.25 Cr on record. Court records list 34 cases involving the company, including 18 filed by the company and 16 filed against it; 1 case is pending. The company has 23 deals on record (19 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹10.6 Cr; the latest was in March 2020.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
SGS Construction & Developers has undergone 3 name changes throughout its history. The company was previously known as Sunny Power Generation Limited, Sgs Construction & Developers Limited, and Sunny Power Generation Private Limited. The current legal name is Sgs Construction & Developers Private Limited.
| Company Name | Status |
|---|---|
| SGS Construction & Developers Private Limited | Current |
| Sunny Power Generation Limited | Previous |
| Sgs Construction & Developers Limited | Previous |
| Sunny Power Generation Private Limited | Previous |
CIN history
SGS Construction & Developers has one previous CIN (Corporate Identification Number): U40101DL2001PLC112938. The current CIN is U40101DL2001PTC112938, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101DL2001PTC112938 | Current |
| U40101DL2001PLC112938 | Previous |
Contact details
SGS Construction & Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressR – 10, Green Park Main, New Delhi, Delhi, India – 110016
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of SGS Construction & 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
Business activity
The main business activity of SGS Construction & Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of SGS Construction & Developers Private Limited, buy the company report.
Financials of SGS Construction & Developers Private Limited
FY 2025 filings availableSGS Construction & Developers Private Limited reported revenue of ₹11.81 Cr (down 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 97% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 95%. EBITDA fell 142% 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 | -₹2.94 Cr | ||||
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| Net Profit (PAT) | -₹3.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.9% | ||||
| Net Profit Margin | -25.7% | ||||
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To see the full financial statements and ratios of SGS Construction & Developers Private Limited, buy the company report.
Board of directors of SGS Construction & Developers Private Limited
SGS Construction & Developers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Srivastava Also directs: SGS Infratech Limited, Subhaash Gulaati & Sons Private Limited, Sahib Finlease Limited and 5 more | Director | 26 Mar 2024 | 2 Years 6 Months | Current |
| Venkata Sridevi Swarup Kumar Kurapati | Managing Director | 05 Apr 2016 | 10 Years 6 Months | Current |
Auditor
SGS Construction & Developers Private Limited is audited by LABS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LABS & ASSOCIATES | FY 2023 | 021131C |
Shareholding
The shareholding of SGS Construction & 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 SGS Construction & Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2025 | 101122597 | Hdfc Bank Limited | ₹1.25 Cr | Open | |
| 03 Jan 2022 | 100531819 | Indian Overseas Bank | ₹22.5 Lakh | Open | |
| 20 Jun 2018 | 100190547 | Hdfc Bank Limited | ₹9 Lakh | Satisfied | |
| 31 May 2018 | 100197384 | Others | ₹650 Cr | Satisfied | |
| 18 Feb 2017 | 100081174 | Others | ₹50 Cr | Satisfied |
To see the full charge records of SGS Construction & Developers Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
SGS Construction & Developers Private Limited has 23 deals on record (19 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹10.6 Cr; the latest was in March 2020.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Simcaa Hotels Private Limited Seller: SGS Entertainment Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Subhaash Gulaati & Sons Private Limited Seller: Subhaash Gulaati & Sons Private Limited |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: Responsible Global Service Private Limited Seller: SGS Infratech Limited |
| Jul 2014 | Rights issue | ₹10 Lakh | Investors: Sahib Finlease Limited |
| Mar 2014 | Funding round | ₹36.8 Lakh | Investors: Sahib Finlease Limited |
To see the full deal history of SGS Construction & Developers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SGS Construction & Developers Private Limited has 34 court cases on record: 18 filed by SGS Construction & Developers, 16 filed against it. 1 case is pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 14 | 7 | 0 |
| High courts | 10 | 4 | 0 |
| Supreme Court | 7 | 3 | 1 |
| District courts | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Shrem Investments Pvt. Ltd. 1101 Viraj Tower Junction of Andheri Kurla Road Western Express Highway Andheri East, Mumbai 400069 , , Other and 1 other | Pending |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed by the company against Piramal Capital & Housing Finance Ltd. and 1 other | Disposed |
| NCLT, Principal Bench | Insolvency matter | Filed against the company by India Resurgence Arc Private Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Mr. R. Subramanaikumar Administrator Dewan Housing Finance Corporation Limited | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Housing and Urban Development Corporation Ltd. Hudco Bhawan India Habitat Centre, Lodhi Road ,New Delhi , Delhi and 18 others | Disposed |
To see the full case history of SGS Construction & Developers 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 SGS Construction & Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
SGS Construction & Developers has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
SGS Construction & Developers Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
SGS Construction & Developers has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCS7169Q2ZD | Delhi | Active | 03 May 2018 |
| 09AAHCS7169Q1ZA | Uttar Pradesh | Active | 13 Jun 2018 |
To see the full GST registrations and return filing status of SGS Construction & Developers Private Limited, buy the company report.
Recent activity
SGS Construction & Developers Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Atul Srivastava ceased to be Additional Director on 29 Sep 2024.
29 earlier events are in the company report.
Frequently asked questions
SGS Construction & Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 October 2001 (25+ years old) and is registered under CIN U40101DL2001PTC112938.
SGS Construction & Developers has 2 current directors:
- Venkata Sridevi Swarup Kumar Kurapati - Managing Director
- Atul Srivastava - Director
The latest financial statements of SGS Construction & Developers 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 SGS Construction & Developers is 07AAHCS7169Q2ZD, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAHCS7169Q1ZA (Uttar Pradesh).
The CIN (Corporate Identification Number) of SGS Construction & Developers is U40101DL2001PTC112938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SGS Construction & Developers has 34 court cases on record: 18 filed by the company and 16 filed against it. 1 is pending. Most are in the nclat.
SGS Construction & Developers was incorporated on 25 October 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
SGS Construction & Developers has 23 deals on record (19 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹10.6 Cr; the latest was in March 2020.
Atul Srivastava ceased to be Additional Director on 29 Sep 2024. Atul Srivastava was appointed as Director on 26 Mar 2024. Sankalp Gulati ceased to be Director on 05 Nov 2019. SGS Construction & Developers has 9 board changes on record in total.
The registered office of SGS Construction & Developers is at R – 10, Green Park Main, New Delhi, Delhi, India – 110016.