Shapoorji Pallonji Development Managers Private Limited - Company Profile

It is a real estate and construction private limited company based in Mumbai, Maharashtra, India, established in 2008.

2008 Mumbai, Maharashtra, India Active

Last Updated: December 22, 2025

About Shapoorji Pallonji Development Managers Private Limited

Shapoorji Pallonji Development Managers Private Limited, a active private limited company, was established on 14 January 2008 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U70102MH2008PTC177792. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

Formerly known as Lucrative Properties Private Limited. It upholds a compliant status. Its leadership includes Venkatesh Gopalkrishan (Director), Saureen Bharat Desai (Director), Muralidharan Raghuraman (Director). Past directors included Vidyavati Ajaykumar Malpani, Ashutosh Vithal Pathare, Zubin Jamshed Jall. It holds ₹1,348.00 Cr open charges and ₹2,405.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sp Centre, 41/44, Minoo Desai Marg, Colaba, Mumbai, Mumbai, Maharashtra, 400005.

Company Details

CIN/LLPIN
U70102MH2008PTC177792
Registration Number
177792
Incorporation Date
14 January 2008
Authorized Capital
₹0.50 M
Paid-Up Capital
₹0.50 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.50 M as on 22-12-2025
Paid Up Capital ₹ 0.50 M as on 22-12-2025
Company Age 18 Year, 4 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 1,348.00 Cr as on 22-12-2025
Satisfied Charges ₹ 2,405.00 Cr as on 22-12-2025
Revenue Growth **** -37.12% (FY 2023)
Profit Growth **** 53.55% (FY 2023)
Ebitda **** 313.15% (FY 2023)
Net Worth 38.89% (FY 2023)
Total Assets **** 1.24% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Shapoorji Pallonji Development Managers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Shapoorji Pallonji Development Managers Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Venkatesh Gopalkrishan	Director	24 Nov 2015	Current
Saureen Bharat Desai	Director	04 Sep 2023	Current
Muralidharan Raghuraman	Director	04 Dec 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	05 Mar 2008	Past
Pramod Abcsdd	Director	10 Mar 2008	Past
Pramod Abcsdd	Director	24 Nov 2015	Past
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Additional Director	25 Jan 2016	Past
Pramod Abcsdd	Additional Director	26 Sep 2016	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Shapoorji Pallonji Development Managers.

Shapoorji Pallonji Development Managers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.12% decrease. The company also saw a substantial improvement in profitability, with a 53.55% increase in profit. The company's net worth Soared by an impressive increase of 38.89%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-37.12%

*******

Revenue from Operations

*******

35.09%

*******

Total Assets

*******

1.24%

*******

Profit or Loss

*******

53.55%

*******

Net Worth

*******

38.89%

*******

EBITDA

*******

313.15%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Shapoorji Pallonji Development Managers?

In 2023, Shapoorji Pallonji Development Managers had a promoter holding of 100.00%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹13,480,000,000.00

Satisfied Charges

₹24,050,000,000.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 1170.00 Cr
Others : 178.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Jul 2024	Idbi Trusteeship Services Limited	₹380.00 Cr	Open
03 Oct 2023	Idbi Trusteeship Services Limited	₹380.00 Cr	Open
15 Feb 2022	Idbi Trusteeship Services Limited	₹250.00 Cr	Open
06 Nov 2020	Others	₹25.00 Cr	Open
21 Aug 2019	Others	₹75.00 Cr	Open

Explore comprehensive loan charge details -

How Many Employees Work at Shapoorji Pallonji Development Managers?

Unlock and access historical data on people associated with Shapoorji Pallonji Development Managers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Shapoorji Pallonji Development Managers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shapoorji Pallonji Development Managers's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Shapoorji Pallonji Development Managers

Recent Activity within the Organization

Charges

Progress on A charge registered on 22 Nov 2021 via Charge ID 100511795 with Others was fully satisfied on 10 Dec 2024. was documented.
10 Dec 2024
Charges

A charge registered on 25 Jul 2018 via Charge ID 100196134 with Others was fully satisfied on 10 Dec 2024. was recorded as a recent event.
10 Dec 2024
Annual General Meeting

The activity Shapoorji Pallonji Development Managers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Charges

A charge with Idbi Trusteeship Services Limited amounted to Rs. 3,800.00 M with Charge ID 100992992 was registered on 26 Jul 2024. was recorded as a recent event.
26 Jul 2024
Charges

Progress on A charge with Idbi Trusteeship Services Limited of Rs. 2,500.00 M registered on 15 Feb 2022 with Charge ID 100550716 was modified on 26 Jul 2024. was documented.
26 Jul 2024
Balance Sheet

The activity Shapoorji Pallonji Development Managers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.
31 Mar 2024

Explore recent activity and updates - View Recent Activity