Shikhar Developers Private Limited
About Shikhar Developers Private Limited
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Shikhar Developers Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70100MP2009PTC022334. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.52 Lakh. It is led by directors Narendra Batra and Mehul Batra.
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 66 Shikhar Ji Dreams Arandiya, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2015, the company reported a revenue of ₹40.43 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Lakh (net margin 7%) and EBITDA of -₹3.11 Lakh (EBITDA margin -7.7%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years.
As per MCA filings, the company has satisfied charges of ₹18.35 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shikhar Developers Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address66 Shikhar Ji Dreams Arandiya, Indore, Madhya Pradesh, India – 452010
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shikhar 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 Shikhar Developers Private Limited
FY 2025 filings availableShikhar Developers Private Limited reported revenue of ₹40.43 Lakh (down 86% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over three years, including a 86% fall 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹40.43 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹3.11 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹2.84 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -7.7% |
| Net Profit Margin | 7% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Shikhar Developers Private Limited, buy the company report.
Board of directors of Shikhar Developers Private Limited
Shikhar Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Batra Also directs: Samarth Devcon Private Limited | Director | 26 Apr 2019 | 7 Years 5 Months | Current |
| Mehul Batra Also directs: Samarth Devcon Private Limited | Director | 22 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Shikhar Developers Private Limited is audited by M. A. K. & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. A. K. & Associates | FY 2015 |
Shareholding
The shareholding of Shikhar Developers Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shikhar Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2016 | 100026944 | Others | ₹3 Cr | Satisfied | |
| 28 Apr 2014 | 10490418 | Hdb Financial Services Limited | ₹3.5 Cr | Satisfied | |
| 27 Dec 2013 | 10478132 | Axis Bank Limited | ₹2.6 Cr | Satisfied | |
| 02 May 2013 | 10431081 | Shriram City Union Finance Limited | ₹2 Cr | Satisfied | |
| 30 Mar 2013 | 10426083 | Hdb Financial Services Limited | ₹2.11 Cr | Satisfied |
To see the full charge records of Shikhar Developers Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Shikhar 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 Shikhar Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shikhar Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shikhar Developers Private Limited, buy the company report.
Recent activity
Shikhar Developers Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Nishant Jain ceased to be Director on 30 Apr 2019.
13 earlier events are in the company report.
Frequently asked questions
Shikhar Developers is an active private limited company based in Indore, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 August 2009 (17+ years old) and is registered under CIN U70100MP2009PTC022334.
Shikhar Developers has 2 current directors:
- Narendra Batra - Director
- Mehul Batra - Director
The latest financial statements of Shikhar 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.
No. Shikhar Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shikhar Developers is U70100MP2009PTC022334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shikhar Developers was incorporated on 31 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
Nishant Jain ceased to be Director on 30 Apr 2019. Narendra Batra was appointed as Director on 26 Apr 2019. Mehul Batra was appointed as Director on 22 Dec 2015. Shikhar Developers has 6 board changes on record in total.
The registered office of Shikhar Developers is at 66 Shikhar Ji Dreams Arandiya, Indore, Madhya Pradesh, India – 452010.
Shikhar Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Shikhar Developers has no open charges and satisfied charges of ₹18.35 Cr as per latest MCA filings.