- Category
- Small (2020-21)
- Udyam number
- UDYAM-RJ-17-0006498

About Shivgyan Developers Private Limited
Data last updated:
Shivgyan Developers Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17120RJ1990PTC045466. Its GSTIN is 08AAACS6185K1ZX (Rajasthan).
The company has an authorised share capital of ₹9.6 Cr and a paid-up capital of ₹2.82 Cr. It was formerly known as Shivgyan Texprints Private Limited and Shivgyan Developers Limited. It is led by directors including Umang Suresh Sawalka and Suresh Bajranglal Sawalka.
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 Shivgyan Luxora P. No. G – 2 Rajmahal Scheme Parivahan Marg C – Scheme, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.3 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹31.81 Lakh (net margin 2.8%) and EBITDA of ₹72.81 Lakh (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 9% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shivgyan. As per MCA filings, the company has open charges of ₹5.5 Cr and satisfied charges of ₹134.82 Cr on record. Court records list 83 cases involving the company, including 48 filed by the company and 35 filed against it; 23 cases are pending.
Shivgyan Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0006498). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivgyan.com.
Company details
Name history
Shivgyan Developers has undergone 3 name changes throughout its history. The company was previously known as Shivgyan Texprints Private Limited, Shivgyan Developers Limited, and Shivgyan Developers Private Limited. The current legal name is Shivgyan Developers Private Limited.
| Company Name | Status |
|---|---|
| Shivgyan Developers Private Limited | Current |
| Shivgyan Texprints Private Limited | Previous |
| Shivgyan Developers Limited | Previous |
CIN history
Shivgyan Developers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17120RJ1990PTC045466, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120RJ1990PTC045466 | Current |
| U17120MH1990PTC056768 | Previous |
| U17120RJ1990PLC045466 | Previous |
Recognitions & Rankings of Shivgyan Developers
Contact details
Shivgyan Developers Private Limited's registered office is in Jaipur, Rajasthan. Its website is shivgyan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShivgyan Luxora P. No. G – 2 Rajmahal Scheme Parivahan Marg C – Scheme, Jaipur, Rajasthan, India – 302001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shivgyan 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
Brands
Shivgyan Developers operates one associated brand: Shivgyan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| shivgyan.com |
Business activity
The main business activity of Shivgyan 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 Shivgyan Developers Private Limited, buy the company report.
Financials of Shivgyan Developers Private Limited
FY 2025 filings availableShivgyan Developers Private Limited reported revenue of ₹11.3 Cr (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 61% fall in the latest year. EBITDA fell 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹72.81 Lakh | ||||
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| Net Profit (PAT) | ₹31.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Shivgyan Developers Private Limited, buy the company report.
Board of directors of Shivgyan Developers Private Limited
Shivgyan Developers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Sawalka Also directs: Suchijha Corporation LLP, Shivgyan Developers Maintenance LLP, Suchijha Sanwariya Seth LLP and 2 more | Additional Director | 10 Feb 2025 | 1 Years 8 Months | Current |
| Umang Suresh Sawalka Also directs: Shree Laxmivilas Builders LLP, Woodland Park Buildcon LLP, Shivgyan Developers Maintainer LLP and 4 more | Director | 06 Feb 2012 | 14 Years 8 Months | Current |
| Suresh Bajranglal Sawalka | Director | 06 Jun 1990 | 36 Years 4 Months | Current |
Auditor
Shivgyan Developers Private Limited is audited by Lakshit Agarwal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lakshit Agarwal & Associates | FY 2023 | 020291C |
Shareholding
The shareholding of Shivgyan 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 Shivgyan Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2019 | 100308830 | Others | ₹50 Lakh | Open | |
| 13 Nov 2006 | 10028571 | Icici Bank Limited | ₹5 Cr | Open | |
| 17 Nov 2022 | 100629670 | Indian Bank | ₹10 Cr | Satisfied | |
| 27 Aug 2021 | 100481172 | Others | ₹57 Lakh | Satisfied | |
| 08 Feb 2021 | 100426447 | Others | ₹1.36 Cr | Satisfied |
To see the full charge records of Shivgyan Developers Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Shivgyan Developers Private Limited has 83 court cases on record: 48 filed by Shivgyan Developers, 35 filed against it. 23 cases are pending and 60 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 45 | 12 | 10 |
| District courts | 23 | 16 | 6 |
| NCLAT | 11 | 5 | 6 |
| Supreme Court | 3 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 83)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by The Indian Hotels Company Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Pinkcity Advertising Company Private Limited and 25 others | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Pinkcity Advertising Company Private Limited and 25 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Qutone Ceramic Pvt Ltd | Disposed |
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed against the company by M/S Classic Associates | Pending |
To see the full case history of Shivgyan 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 Shivgyan Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shivgyan Developers Private Limited has a workforce of 4 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Shivgyan Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACS6185K1ZX | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivgyan Developers Private Limited, buy the company report.
Recent activity
Shivgyan Developers Private Limited has 7 board changes on record since 1990: 3 appointments and 4 cessations. The latest: Chirag Sawalka was appointed as Additional Director on 10 Feb 2025.
38 earlier events are in the company report.
Frequently asked questions
Shivgyan Developers is an active private limited company based in Jaipur, Rajasthan, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 June 1990 (36+ years old) and is registered under CIN U17120RJ1990PTC045466.
Shivgyan Developers has 3 current directors:
- Chirag Sawalka - Additional Director
- Umang Suresh Sawalka - Director
- Suresh Bajranglal Sawalka - Director
The latest financial statements of Shivgyan 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 Shivgyan Developers is 08AAACS6185K1ZX, registered in Rajasthan.
The CIN (Corporate Identification Number) of Shivgyan Developers is U17120RJ1990PTC045466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivgyan Developers has 83 court cases on record: 48 filed by the company and 35 filed against it. 23 are pending. Most are in the high courts.
Shivgyan Developers was incorporated on 06 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Jaipur.
Chirag Sawalka was appointed as Additional Director on 10 Feb 2025. Sarang Sawalka ceased to be Additional Director on 12 Dec 2018. Vimla Devi Vinod Sawalka ceased to be Additional Director on 30 Sep 2017. Shivgyan Developers has 7 board changes on record in total.
Yes, Shivgyan Developers is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-17-0006498).
Shivgyan Developers can be reached through the website shivgyan.com. Its registered office is in Jaipur, Rajasthan, India.

