About Shikhar Housing Development Private Limited
Data last updated:
Shikhar Housing Development 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 22 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70101MP2010PTC023991. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹25.34 Lakh. It is led by directors including Mahesh Kumar Garg and Deepak Agrawal.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.05 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹27.08 Lakh (net margin 56.4%) and EBITDA of ₹36.87 Lakh (EBITDA margin 76.7%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 47% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹64.15 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 balajiindore.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address37 Ananda Colony Behind, Malviya Petrol Pump Ring Road, Indore, Madhya Pradesh, India – 452001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Shikhar Housing Development Private Limited
The main business activity of Shikhar Housing Development is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shikhar Housing Development Private Limited FY 2025 filings available
Shikhar Housing Development Private Limited reported revenue of ₹48.05 Lakh (down 93% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shikhar Housing Development Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 93% fall in the latest year. EBITDA fell 90% 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 of Shikhar Housing Development Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹48.05 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹36.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.08 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 of Shikhar Housing Development Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 56.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shikhar Housing Development are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shikhar Housing Development Private Limited
Shikhar Housing Development Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Newage Infraprojects Private Limited | ₹48.07 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Sesha Sai Estates Private Limited | ₹48.07 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| SSRP Developers Private Limited | ₹48.06 Lakh (FY 2025) | •••• | •••• | -86.0% | •••• | Faridabad, Haryana, India |
| Jayathri Infrastructures India Private Limited | ₹48.06 Lakh (FY 2021) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Ritman Infra Limited | ₹48.05 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Kolkata, West Bengal, India |
| Shikhar Housing Development Private Limited this company | ₹48.05 Lakh (FY 2024) | •••• | •••• | -93.0% | •••• | Indore, Madhya Pradesh, India |
| Adir Bharat Infrastructure Limited | ₹48.04 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Agile Infraprojects Private Limited | ₹48.03 Lakh (FY 2025) | •••• | •••• | 135183.0% | •••• | Jaipur, Rajasthan, India |
| Keystar Infotech Private Limited | ₹48.02 Lakh (FY 2025) | •••• | •••• | 54.0% | •••• | Mumbai, Maharashtra, India |
| Imagine Dealcom Private Limited | ₹48.01 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Aakriti Associates Private Limited | ₹48 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Chandigarh U.T, Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Shikhar Housing Development by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shikhar Housing Development Private Limited
Shikhar Housing Development Private Limited is audited by MAK & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAK & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shikhar Housing Development Private Limited
Shikhar Housing Development has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kumar Garg Also directs: Shankheshwar Infrastructure LLP, Shree Keladevi Builtcom LLP, Tirumala Devcon Private Limited and 1 more | Director | 21 Sep 2011 | 15 Years 0 Months | Current |
| Deepak Agrawal | Director | 01 Sep 2011 | 15 Years 1 Months | Current |
| Manish Agrawal Also directs: Shankheshwar Infrastructure LLP, Shree Keladevi Builtcom LLP, R.J. Marketing Private Limited and 4 more | Director | 22 Jul 2010 | 16 Years 2 Months | Current |
| Ramesh Chand Bansal Also directs: Akmk International Private Limited | Director | 01 Sep 2011 | 15 Years 1 Months | Current |
| Pawan Kumar Agrawal Also directs: Man Amar Builders LLP | Director | 01 Oct 2010 | 16 Years 0 Months | Current |
| Nishant Agrawal Also directs: Man Amar Builders LLP | Director | 02 Jun 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of Shikhar Housing Development Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shikhar Housing Development Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2014 | Religare Finvest Limited | ₹14 Cr | Satisfied |
| 10 Oct 2011 | Hdfc Bank Limited | ₹5 Lakh | Satisfied |
| 13 Aug 2011 | State Bank of India | ₹40 Cr | Satisfied |
| 16 Mar 2011 | Madhya Pradesh Financial Corporation | ₹10 Cr | Satisfied |
| 11 Mar 2011 | Hdfc Bank Bank Limited | ₹10 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Shikhar Housing Development Private Limited
Shikhar Housing Development Private Limited has a workforce of 1 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shikhar Housing Development Private Limited
Shikhar Housing Development Private Limited has 11 board changes on record since 2010: 7 appointments and 4 cessations. The latest: Vikram Agrawal ceased to be Director on 04 Jun 2025.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shikhar Housing Development Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shikhar Housing Development Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shikhar Housing Development Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shikhar Housing Development Private Limited
Shikhar Housing Development has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shikhar Housing Development Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shikhar Housing Development Private Limited
Shikhar Housing Development 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 22 July 2010 (16+ years old) and is registered under CIN U70101MP2010PTC023991.
Shikhar Housing Development reported revenue of ₹48.05 Lakh for FY 2024 (down 93% YoY).
Shikhar Housing Development has 6 current directors:
- Mahesh Kumar Garg - Director
- Deepak Agrawal - Director
- Manish Agrawal - Director
- Ramesh Chand Bansal - Director
- Pawan Kumar Agrawal - Director
- Nishant Agrawal - Director
Shikhar Housing Development reported a net profit of ₹27.08 Lakh (net margin 56.4%) and EBITDA of ₹36.87 Lakh (EBITDA margin 76.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shikhar Housing Development is -58% over three years and -47% over five years. In the latest year (FY 2024) revenue fell 93%. CAGR is the steady yearly rate that links the first and the last year.
No. Shikhar Housing Development has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shikhar Housing Development is U70101MP2010PTC023991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shikhar Housing Development was incorporated on 22 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Shikhar Housing Development by revenue are Newage Infraprojects Private Limited, Sesha Sai Estates Private Limited, SSRP Developers Private Limited, Jayathri Infrastructures India Private Limited, Ritman Infra Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Vikram Agrawal ceased to be Director on 04 Jun 2025. Nishant Agrawal was appointed as Director on 02 Jun 2025. Narendra Batra ceased to be Director on 31 Jul 2015. Shikhar Housing Development has 11 board changes on record in total.
Shikhar Housing Development can be reached through the website balajiindore.com. Its registered office is in Indore, Madhya Pradesh, India.