About Shree Naman Developers Private Limited
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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 ₹397 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 4.9%) and EBITDA of ₹97.65 Cr (EBITDA margin 24.6%). 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 82 cases involving the company, including 19 filed by the company and 64 filed against it; 21 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.
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.
Company details
Name history
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
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 |
Contact details
Shree Naman Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is namangroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address315 Parekh Market 39 Jss Rd Opera House, Mumbai, Maharashtra, India – 400004
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Shree Naman 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
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 |
Business activity
The main business activity of Shree Naman Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Shree Naman Developers Private Limited, buy the company report.
Financials of Shree Naman Developers Private Limited
FY 2025 filings availableShree Naman Developers Private Limited reported revenue of ₹397 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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 | |||||
| Total Revenue | ₹397 Cr | ||||
| Cost of Materials Consumed | |||||
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| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹97.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.38 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.6% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shree Naman Developers Private Limited, buy the company report.
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 |
Auditor
Shree Naman Developers Private Limited is audited by N D S R & Associates LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D S R & Associates LLP | FY 2025 | W101004 |
Shareholding
The shareholding of Shree Naman Developers Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shree Naman Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2026 | 101251956 | Others | ₹55 Cr | Open | |
| 21 Jan 2026 | 101248288 | Others | ₹600 Cr | Open | |
| 14 Aug 2025 | 101147597 | Axis Bank Limited | ₹2.04 Cr | Open | |
| 28 Nov 2019 | 100313136 | Others | ₹310 Cr | Open | |
| 07 May 2025 | 101098331 | Others | ₹55 Cr | Satisfied |
To see the full charge records of Shree Naman Developers Private Limited, buy the company report.
Total charge records: 47 View all charges
Deals & funding
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. |
To see the full deal history of Shree Naman Developers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shree Naman Developers Private Limited has 82 court cases on record: 19 filed by Shree Naman Developers, 64 filed against it. 21 cases are pending and 61 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 15 | 9 |
| District courts | 27 | 27 | 5 |
| NCLAT | 13 | 13 | 7 |
| NCLT | 9 | 9 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 82)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Neptune Developers Limited and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Central Bank of India | Pending |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Anukool India Private Limited | Pending |
| Bombay High Court | Court case (CHOL) | Filed against the company by Bennett Coleman and Co Limited | Disposed |
| Madras High Court | Original application | Filed against the company by Vestas Wind Technology India Private Limited Represented by Its Authorized Signatory Mr Sampath Raj | Disposed |
To see the full case history of Shree Naman 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 Shree Naman Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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 | |
| Eknath Infra Holding Private Limited | U41000MH2014PTC256382 | |
| SS Buildcon Private Limited | U45200MH2004PTC146467 | |
| SS Infrastructure Private Limited | U45200MH2004PTC146604 | |
| Revaldo Enterprises Private Limited | U45200MH2005PTC155965 | |
| Shree Naman Hotels Private Limited | U45200MH2006PTC160441 |
To see the full group structure of Shree Naman Developers Private Limited, buy the company report.
Employees & EPFO
Shree Naman Developers Private Limited has a workforce of 154 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Shree Naman Developers Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Jayesh Arvind Shah - Managing Director
- Alpesh Ravichandra Gandhi - Director
- Priyadarshi Jugalkishor Mehta - Director
The latest financial statements of Shree Naman Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 November 2025. Year-wise statements from 2015 are in the company report.
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 82 court cases on record: 19 filed by the company and 64 filed against it. 21 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.
Alpesh Ravichandra Gandhi ceased to be Additional Director on 06 Feb 2020. Priyadarshi Jugalkishor Mehta ceased to be Additional Director on 06 Feb 2020. Alpesh Ravichandra Gandhi was appointed as Director on 31 Dec 2019. Shree Naman Developers has 11 board changes on record in total.
Shree Naman Developers can be reached through the website namangroup.com. Its registered office is in Mumbai, Maharashtra, India.