About Shapoorji Pallonji Development Managers Private Limited
Data last updated: 22 December 2025
Shapoorji Pallonji Development Managers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shapoorji Pallonji And Company Private Limited. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 14 January 2008, the company has been in operation for over 18 years.
Registered with ROC Mumbai under CIN U70102MH2008PTC177792.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. Formerly known as Lucrative Properties Private Limited. It is led by directors including Venkatesh Gopalkrishan and Saureen Bharat Desai.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Sp Centre 41/44 Minoo Desai Marg, Colaba Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.55 Cr, a decline of 57% compared to the previous year.
It operates as a subsidiary of Shapoorji Pallonji And Company Private Limited. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹1,348 Cr and satisfied charges of ₹2,405 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shapoorji.in.
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Registered AddressSp Centre 41/44 Minoo Desai Marg, Colaba Mumbai, Maharashtra, India – 400005
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Shapoorji Pallonji Development Managers Private Limited
Shapoorji Pallonji Development Managers Private Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for Shapoorji Pallonji Development Managers Private Limited
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Auditor Details of Shapoorji Pallonji Development Managers Private Limited
Shapoorji Pallonji Development Managers Private Limited is audited by JAIN JAGAWAT KAMDAR & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN JAGAWAT KAMDAR & CO | Locked | Locked | Locked |
Complete auditor history for Shapoorji Pallonji Development Managers Private Limited
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Board of Directors of Shapoorji Pallonji Development Managers Private Limited
Shapoorji Pallonji Development Managers Private Limited is currently managed by 3 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Venkatesh Gopalkrishan
Also directs:
Pravahan Ventures Llp, Relationship Properties Private Limited, Shapoorji Pallonji Real Estate Private Limited and 5 more
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Director | 24 Nov 2015 | 10 Years 8 Months | Current |
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Saureen Bharat Desai
Also directs:
Shapoorji Pallonji Real Estate Private Limited, Precaution Properties Private Limited, Awesome Space Creations Llp and 5 more
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Director | 04 Sep 2023 | 2 Years 10 Months | Current |
| Muralidharan Raghuraman | Director | 04 Dec 2023 | 2 Years 7 Months | Current |
Financials of Shapoorji Pallonji Development Managers Private Limited FY 2024 filings available
Shapoorji Pallonji Development Managers Private Limited reported revenue of ₹23.55 Cr (down 57.00% YoY) for FY 2025.
Ten-year financial statements for Shapoorji Pallonji Development Managers Private Limited
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Ownership and Shareholding of Shapoorji Pallonji Development Managers Private Limited
Shareholding and ownership data for Shapoorji Pallonji Development Managers Private Limited
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Group Structure of Shapoorji Pallonji Development Managers Private Limited
Shapoorji Pallonji Development Managers Private Limited has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Shapoorji Pallonji Development Managers Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Jaykali Developers Private Limited | U45400MH2010PTC210326 | Locked |
| Stonebricks Property Development Private Limited | U45500MH2018PTC310287 | Locked |
| Behold Space Developers Private Limited | U70102MH2008PTC180081 | Locked |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Shapoorji Pallonji Development Managers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 2024 | Idbi Trusteeship Services Limited | ₹380 Cr | Open |
| 03 Oct 2023 | Idbi Trusteeship Services Limited | ₹380 Cr | Open |
| 15 Feb 2022 | Idbi Trusteeship Services Limited | ₹250 Cr | Open |
| 06 Nov 2020 | Others | ₹25 Cr | Open |
| 21 Aug 2019 | Others | ₹75 Cr | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Shapoorji Pallonji Development Managers Private Limited
View historical data on people associated with Shapoorji Pallonji Development Managers Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Shapoorji Pallonji Development Managers Private Limited
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GST Compliance of Shapoorji Pallonji Development Managers Private Limited
GST registrations and filing compliance for Shapoorji Pallonji Development Managers Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Shapoorji Pallonji Development Managers Private Limited
Credit ratings, litigation, and regulatory alerts for Shapoorji Pallonji Development Managers Private Limited
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MSME Payment Delays by Shapoorji Pallonji Development Managers Private Limited
MSME payment history for Shapoorji Pallonji Development Managers Private Limited
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Subsidiaries & Group Companies of Shapoorji Pallonji Development Managers Private Limited
Corporate group structure for Shapoorji Pallonji Development Managers Private Limited
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MCA Filings & Documents of Shapoorji Pallonji Development Managers Private Limited
MCA filings and documents for Shapoorji Pallonji Development Managers Private Limited
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Recent Activity on Shapoorji Pallonji Development Managers Private Limited
Recent News on Shapoorji Pallonji Development Managers Private Limited
Frequently Asked Questions about Shapoorji Pallonji Development Managers Private Limited
Shapoorji Pallonji Development Managers Private Limited is an active private limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 14 January 2008 (18+ years old) and is registered under CIN U70102MH2008PTC177792.
Shapoorji Pallonji Development Managers Private Limited reported revenue of ₹23.55 Cr for FY 2025 (down 57.00% YoY).
The current directors of Shapoorji Pallonji Development Managers Private Limited are:
- Venkatesh Gopalkrishan - Director
- Saureen Bharat Desai - Director
- Muralidharan Raghuraman - Director
The primary industry of Shapoorji Pallonji Development Managers Private Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Shapoorji Pallonji Development Managers Private Limited can be reached at the registered office: Sp Centre 4144 Minoo Desai Marg, Colaba Mumbai, Maharashtra, India – 400005, or through the website shapoorji.in.
The authorised capital is ₹5 Lakh, and the paid-up capital is ₹5 Lakh.