MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-WB-10-0002282
Shrachi Developers Pvt Ltd - real estate and construction in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.41 Cr
▼ 61% YoY
Net profit · FY 2024
₹2.64 Cr
Net margin 14.3%
EBITDA · FY 2024
₹5.12 Cr
EBITDA margin 27.8%
Authorised capital
₹10.15 Cr
Registered with MCA
Paid-up capital
₹6.75 Cr
Issued & subscribed
Open charges
₹99.3 Cr
Satisfied ₹26.25 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
1
Provident fund records
About Shrachi Developers Pvt Ltd
Data last updated:
Shrachi Developers Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB1994PTC065054. Its GSTIN is 19AADCS8010J1Z9 (West Bengal).
The company has an authorised share capital of ₹10.15 Cr and a paid-up capital of ₹6.75 Cr. It is led by directors including Ketan Shanghavi and Rahul Todi.
Its last annual general meeting (AGM) was held on 03 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shrachi Tower 686 Anandapur E.M.Bypass, Kolkata, West Bengal, India – 700107.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.41 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹2.64 Cr (net margin 14.3%) and EBITDA of ₹5.12 Cr (EBITDA margin 27.8%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹99.3 Cr and satisfied charges of ₹26.25 Cr on record. Court records list 22 cases involving the company, including 15 filed by the company and 7 filed against it; 6 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹26.01 Cr; the latest was in September 2007. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 2 smaller; the largest is Neo Pharma Private Limited with revenue of ₹18.44 Cr.
Shrachi Developers Pvt Ltd is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002282). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shrachi.com.
Company details
CIN U45201WB1994PTC065054
Registration Number 065054
Incorporation Date 13 September 1994
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 March 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-WB-10-0002282
Recognitions & Rankings of Shrachi Developers
Contact details
Shrachi Developers Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is shrachi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShrachi Tower 686 Anandapur E.M.Bypass, Kolkata, West Bengal, India – 700107
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shrachi Developers Pvt Ltd, buy the company report.
Comprehensive company report
Shrachi Developers Pvt Ltd - one report that includes everything
- 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
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Financials of Shrachi Developers Pvt Ltd
FY 2024 filings availableShrachi Developers Pvt Ltd reported revenue of ₹18.41 Cr (down 61% YoY) for FY 2024.
Revenue · FY 2024
₹18.41 Cr ▼ 61%
Net profit · FY 2024
₹2.64 Cr margin 14.3%
EBITDA · FY 2024
₹5.12 Cr margin 27.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 13%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 86%
3 years · compounded
▲ 53%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 61% fall in the latest year. EBITDA fell 86% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.64 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 27.8% | ||||
| Net Profit Margin | 14.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Shrachi Developers Pvt Ltd, buy the company report.
Board of directors of Shrachi Developers Pvt Ltd
Shrachi Developers has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Shanghavi Also directs: Twamev Construction and Infrastructure Limited, Shrachi Agrimech Limited, Corpus Polychem Ltd. and 3 more | Director | 24 Dec 2015 | 10 Years 10 Months | Current |
| Rahul Todi Also directs: Red Cherry Hospitality LLP, Calcutta Becon Engineering Co LLP, SJB Estates LLP and 5 more | Director | 15 Dec 1998 | 27 Years 10 Months | Current |
| Ranjeet Kumar Jhajharia Also directs: Calcutta Becon Engineering Co LLP, Shrachi Estates LLP, Shrachi City Height Realty LLP and 5 more | Additional Director | 03 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Shrachi Developers Pvt Ltd is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neo Pharma Private Limited | ₹18.44 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| Iceland Estates Private Limited | ₹18.42 Cr (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Shrachi Developers Pvt Ltdthis company | ₹18.41 Cr (FY 2024) | ₹2.64 Cr | 14.3% | -61.0% | 1 | Kolkata, West Bengal, India |
| Punjab Police Housing Corporation Ltd | ₹18.4 Cr (FY 2023) | 4.0% | Chandigarh, India | |||
| Maheshwari Constrosolution Private Limited | ₹18.39 Cr (FY 2025) | -24.0% | Pune, Maharashtra, India |
To see the full peer comparison of Shrachi Developers Pvt Ltd, buy the company report.
Auditor
Shrachi Developers Pvt Ltd is audited by S K Agrawal and Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K Agrawal and Co Chartered Accountants LLP | FY 2023 | 306033E |
Shareholding
The shareholding of Shrachi Developers Pvt Ltd 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 Shrachi Developers Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹99.3 Cr
Satisfied charges
₹26.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2025 | 101196618 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 22 Nov 2024 | 101010975 | Others | ₹24 Cr | Open | |
| 27 Jan 2022 | 100531199 | Others | ₹25.3 Cr | Open | |
| 25 Aug 2021 | 100503662 | Others | ₹46.57 Lakh | Satisfied | |
| 17 Dec 2018 | 100229645 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Shrachi Developers Pvt Ltd, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Shrachi Developers Pvt Ltd has 1 deal on record (1 funding round), with disclosed funding of ₹26.01 Cr; the latest was in September 2007.
Total deals
1
Funding round
1
Disclosed funding
₹26.01 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2007 | Funding round | ₹26.01 Cr | Investors: Infinite India Investment Management Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shrachi Developers Pvt Ltd has 22 court cases on record: 15 filed by Shrachi Developers, 7 filed against it. 6 cases are pending and 16 are disposed.
Total cases
22
Filed by the company
15
Filed against the company
7
Pending
6
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 2 | 2 |
| District courts | 6 | 3 | 3 |
| Supreme Court | 2 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against Zak Global Services Private Limited | Pending |
| District court, Khurda, Orissa | Arbitration matter | Filed against the company by an individual | Pending |
| High Court, West Bengal | Arbitration matter | Filed by the company against an individual | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by SRS Investments Bengal Tiger Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against SRS Investments Bengal Tiger Ltd. & Ors. | Pending |
To see the full case history of Shrachi Developers Pvt Ltd, 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 Shrachi Developers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shrachi Developers has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Shrachi Realty Private Limited | U70101WB2007PTC117468 |
To see the full group structure of Shrachi Developers Pvt Ltd, buy the company report.
Employees & EPFO
Shrachi Developers Pvt Ltd has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-93.33%
GST
Shrachi Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCS8010J1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shrachi Developers Pvt Ltd, buy the company report.
Recent activity
Shrachi Developers Pvt Ltd has 23 board changes on record since 1998: 13 appointments and 10 cessations. The latest: Ranjeet Kumar Jhajharia was appointed as Additional Director on 03 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 101196618 was registered on 12 Nov 2025.
AGM
Shrachi Developers Pvt Ltd last Annual general meeting of members was held on 03 Mar 2025 as per latest MCA records.
Appointed
Ranjeet Kumar Jhajharia was appointed as Additional Director.
Ceased
Subha Chakrabarti ceased to be Director.
Charges
A charge with Others amounted to Rs. 24.00 Cr with Charge ID 101010975 was registered on 22 Nov 2024.
Filing
Shrachi Developers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Appointed
Subha Chakrabarti was appointed as Director.
Ceased
Sanjeev Agarwal ceased to be Director.
Charges
A charge registered on 25 Aug 2021 via Charge ID 100503662 with Others was fully satisfied on 31 May 2022.
Charges
A charge registered on 17 Dec 2018 via Charge ID 100229645 with Others was fully satisfied on 31 May 2022.
Charges
A charge with Others amounted to Rs. 25.30 Cr with Charge ID 100531199 was registered on 27 Jan 2022.
Charges
A charge with Others amounted to Rs. 0.47 Cr with Charge ID 100503662 was registered on 25 Aug 2021.
30 earlier events are in the company report.
News
Frequently asked questions
Shrachi Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 September 1994 (32+ years old) and is registered under CIN U45201WB1994PTC065054.
Shrachi Developers has 3 current directors:
- Ketan Shanghavi - Director
- Rahul Todi - Director
- Ranjeet Kumar Jhajharia - Additional Director
The latest financial statements of Shrachi Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 03 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shrachi Developers is 19AADCS8010J1Z9, registered in West Bengal.
The CIN (Corporate Identification Number) of Shrachi Developers is U45201WB1994PTC065054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrachi Developers has 22 court cases on record: 15 filed by the company and 7 filed against it. 6 are pending. Most are in the high courts.
Shrachi Developers was incorporated on 13 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Shrachi Developers has 1 deal on record (1 funding round), with disclosed funding of ₹26.01 Cr; the latest was in September 2007.
The peers of Shrachi Developers by revenue are Neo Pharma Private Limited, Iceland Estates Private Limited, Punjab Police Housing Corporation Ltd, Maheshwari Constrosolution Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ranjeet Kumar Jhajharia was appointed as Additional Director on 03 Jan 2025. Subha Chakrabarti ceased to be Director on 03 Jan 2025. Subha Chakrabarti was appointed as Director on 08 May 2023. Shrachi Developers has 23 board changes on record in total.
Yes, Shrachi Developers is registered as an MSME under Udyam registration (number: UDYAM-WB-10-0002282).
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