About Shree Naman Developers Private Limited
Data last updated:
Shree Naman Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 27 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1993PTC074751. Its GSTIN is 27AAACN2568H1ZE (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹4.42 Cr. It was formerly known as Naman Developers Limited and Shree Naman Developers Limited. It is led by directors including Jayesh Arvind Shah (Managing Director) and Alpesh Ravichandra Gandhi.
Its last annual general meeting (AGM) was held on 14 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 315 Parekh Market 39 Jss Rd Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹642.58 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹19.38 Cr (net margin 3%) and EBITDA of ₹97.65 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years.
The company has about 154 employees on its provident fund (EPFO) records. Its group structure includes 14 subsidiaries.
The company is associated with 1 brand: Shree Naman Group. As per MCA filings, the company has open charges of ₹967.04 Cr and satisfied charges of ₹4,649.85 Cr on record. Court records list 72 cases involving the company, including 18 filed by the company and 52 filed against it; 20 cases are pending. The company has 14 deals on record (7 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹1,847.5 Cr; the latest was in December 2024. Its 10 peer companies in the Real Estate industry (Builders and Developers, Wind Power) are compared by revenue, 5 larger and 5 smaller; the largest is Apraava Renewable Energy Private Limited with revenue of ₹657.61 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website namangroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address315 Parekh Market 39 Jss Rd Opera House, Mumbai, Maharashtra, India – 400004
- IndustryEnvironment, Wind Energy Solutions
- 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 Shree Naman Developers Private Limited
The main business activity of Shree Naman Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Shree Naman Developers Private Limited FY 2025 filings available
Shree Naman Developers Private Limited reported revenue of ₹642.58 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shree Naman Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 55% over three years, including 44% growth in the latest year. EBITDA fell 5% 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 Shree Naman Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹97.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.38 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Shree Naman Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| 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 Shree Naman Developers 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 Shree Naman Developers Private Limited
Shree Naman Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers, Wind Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apraava Renewable Energy Private Limited | ₹657.61 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Bramhacorp Limited | ₹654.52 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Pune, Maharashtra, India |
| Meenakshi Infrastructures Private Limited | ₹646.98 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Hyderabad, Telangana, India |
| Nirlon Limited Listed | ₹644.97 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Hazoor Multi Projects Limited Listed | ₹643.67 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Shree Naman Developers Private Limited this company | ₹642.58 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
| Oswal Cables Ltd | ₹638.9 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Jaipur, Rajasthan, India |
| Ramky Estates and Farms Limited | ₹638.31 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Hyderabad, Telangana, India |
| Pranav Constructions Limited | ₹638.24 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Mumbai, Maharashtra, India |
| Rai Bahadur Seth Shreeram Narasingdas Private Limited | ₹637.98 Cr (FY 2024) | •••• | •••• | 137.0% | •••• | Bangalore, Karnataka, India |
| Aawam Residency Private Limited | ₹637.56 Cr (FY 2025) | •••• | •••• | 6517.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Shree Naman Developers by revenue in the Real Estate industry (Builders and Developers, Wind Power), 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 Shree Naman Developers Private Limited
Shree Naman Developers Private Limited is audited by N D S R & Associates LLP for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N D S R & Associates LLP | 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 Shree Naman Developers Private Limited
Shree Naman Developers has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Arvind Shah | Managing Director | 27 Oct 1993 | 32 Years 11 Months | Current |
| Alpesh Ravichandra Gandhi Also directs: Azure Buildcon Private Limited, Shree Naman Builders Private Limited, Kakade Builders Private Limited and 5 more | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
| Priyadarshi Jugalkishor Mehta Also directs: Firstwave Developers LLP, Azure Buildcon Private Limited, Shree Naman Builders Private Limited and 5 more | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of Shree Naman Developers 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 Shree Naman Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2026 | Others | ₹55 Cr | Open |
| 21 Jan 2026 | Others | ₹600 Cr | Open |
| 14 Aug 2025 | Axis Bank Limited | ₹2.04 Cr | Open |
| 28 Nov 2019 | Others | ₹310 Cr | Open |
| 07 May 2025 | Others | ₹55 Cr | Satisfied |
Total charge records: 47 View all charges
Deals & Funding of Shree Naman Developers Private Limited
Shree Naman Developers Private Limited has 14 deals on record (7 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹1,847.5 Cr; the latest was in December 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Debt financing | ₹175 Cr | Investors: Dovetail India Fund |
| Feb 2024 | Debt financing | ₹660 Cr | Investors: Sujay Resort and Township Private Limited |
| Mar 2017 | Funding round | ₹376.5 Cr | Investors: Eknath Developers LLP |
| Sep 2009 | Secondary share transfer | Undisclosed | Seller: Essel Mining & Industries Ltd. |
| Sep 2008 | Secondary share transfer | Undisclosed | Seller: Essel Mining & Industries Ltd. |
Full deal history
All 14 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Shree Naman Developers Private Limited
Shree Naman Developers Private Limited has 72 court cases on record: 18 filed by Shree Naman Developers, 52 filed against it, 2 where it is another party. 20 cases are pending and 52 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 13 | 8 |
| District courts | 27 | 26 | 5 |
| NCLAT | 13 | 13 | 7 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Neptune Developers Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Central Bank of India Limited | Pending |
| Bombay High Court | Court case (EXA) | Filed against the company by Anukool India Private Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Central Bank of India Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Central Bank of India Limited | Disposed |
Full case history
All 72 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Shree Naman Developers Private Limited
Shree Naman Developers operates one associated brand: Shree Naman Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development, hospitality, and diversified services in Mumbai with an emphasis on quality and innovation. | namangroup.com |
Employees and EPFO Compliance at Shree Naman Developers Private Limited
Shree Naman Developers Private Limited has a workforce of 154 employees as of Sep 23, 2025.
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.
Group Structure of Shree Naman Developers Private Limited
Shree Naman Developers has 14 subsidiary companies and 2 associated companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Shree Yashodanand Realtors Private Limited | U27320MH2008PTC182978 | Locked |
| Eknath Infra Holding Private Limited | U41000MH2014PTC256382 | Locked |
| Ss Buildcon Private Limited | U45200MH2004PTC146467 | Locked |
| Ss Infrastructure Private Limited | U45200MH2004PTC146604 | Locked |
| Revaldo Enterprises Private Limited | U45200MH2005PTC155965 | Locked |
| Shree Naman Hotels Private Limited | U45200MH2006PTC160441 | Locked |
Showing major subsidiaries. Total: 14.
Name History of Shree Naman Developers Private Limited
Shree Naman Developers has undergone 3 name changes throughout its history. The company was previously known as Naman Developers Limited, Shree Naman Developers Limited, and Naman Developers Private Limited. The current legal name is Shree Naman Developers Private Limited.
| Company Name | Status |
|---|---|
| Shree Naman Developers Private Limited | Current |
| Naman Developers Limited | Previous |
| Shree Naman Developers Limited | Previous |
| Naman Developers Private Limited | Previous |
CIN History of Shree Naman Developers Private Limited
Shree Naman Developers has one previous CIN (Corporate Identification Number): U70101MH1993PLC074751. The current CIN is U70101MH1993PTC074751, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101MH1993PTC074751 | Current |
| U70101MH1993PLC074751 | Previous |
News related to Shree Naman Developers Private Limited
Recent Activity on Shree Naman Developers Private Limited
Shree Naman Developers Private Limited has 11 board changes on record since 1993: 3 appointments and 8 cessations. The latest: Alpesh Ravichandra Gandhi ceased to be Additional Director on 06 Feb 2020.
110 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shree Naman Developers 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 Shree Naman Developers 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 Shree Naman Developers 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 Shree Naman Developers Private Limited
Shree Naman Developers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN2568H1ZE | Maharashtra | Active | 01 Jul 2017 |
| 27AAACN2568H2ZD | Maharashtra | Active | 19 Jun 2023 |
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 Shree Naman Developers 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 Shree Naman Developers Private Limited
Shree Naman Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 27 October 1993 (33+ years old) and is registered under CIN U70101MH1993PTC074751.
Shree Naman Developers reported revenue of ₹642.58 Cr for FY 2025 (up 44% YoY).
Shree Naman Developers has 3 current directors:
- Jayesh Arvind Shah - Managing Director
- Alpesh Ravichandra Gandhi - Director
- Priyadarshi Jugalkishor Mehta - Director
Shree Naman Developers reported a net profit of ₹19.38 Cr (net margin 3%) and EBITDA of ₹97.65 Cr (EBITDA margin 15.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shree Naman Developers is 55% over three years. In the latest year (FY 2025) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shree Naman Developers is 27AAACN2568H1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACN2568H2ZD (Maharashtra).
The CIN (Corporate Identification Number) of Shree Naman Developers is U70101MH1993PTC074751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Naman Developers has 72 court cases on record: 18 filed by the company and 52 filed against it. 20 are pending. Most are in the high courts.
Shree Naman Developers was incorporated on 27 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Shree Naman Developers has 14 deals on record (7 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹1,847.5 Cr; the latest was in December 2024.
The peers of Shree Naman Developers by revenue are Apraava Renewable Energy Private Limited, Bramhacorp Limited, Meenakshi Infrastructures Private Limited, Nirlon Limited, Hazoor Multi Projects Limited and 5 more, all in the Real Estate industry (Builders and Developers, Wind Power).