Sipani Developers Private Limited
About Sipani Developers Private Limited
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Sipani Developers Private Limited 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 12 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70102WB2005PTC104095. Its GSTIN is 29AAJCS1559E2Z4 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹67 Lakh and a paid-up capital of ₹67 Lakh. It was formerly known as Sabian Dealers Private Limited. It is led by directors including Sunil Kumar Sipani and Vimal Sipani.
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 Marshall House Room No.656 6th Floor No.33/1 Netaji Subhash Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.81 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹7.46 Lakh (net margin 35.8%) and EBITDA of ₹11.88 Lakh (EBITDA margin 57.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 49% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressMarshall House Room No.656 6th Floor No.33/1 Netaji Subhash Road, Kolkata, West Bengal, India – 700001
- 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
Financials of Sipani Developers Private Limited FY 2025 filings available
Sipani Developers Private Limited reported revenue of ₹20.81 Lakh (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sipani Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 53% fall in the latest year. EBITDA fell 72% 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 Sipani 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.88 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.46 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Sipani Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 35.8% | •••• | •••• | •••• | •••• |
| 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 Sipani 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 Sipani Developers Private Limited
Sipani Developers 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 |
|---|---|---|---|---|---|---|
| Chandramukhi Estates Private Limited | ₹20.82 Lakh (FY 2025) | •••• | •••• | 57.0% | •••• | Anantapur, Andhra Pradesh, India |
| RGPG Infra Developers Private Limited | ₹20.82 Lakh (FY 2025) | •••• | •••• | 546.0% | •••• | Agra, Uttar Pradesh, India |
| Kavr Design and Construction Private Limited | ₹20.82 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Lucknow, Uttar Pradesh, India |
| Angelique Builders Private Limited | ₹20.82 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Kolkata, West Bengal, India |
| Udhaya Lava Pearls Private Limited | ₹20.82 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Chennai, Tamil Nadu, India |
| Sipani Developers Private Limited this company | ₹20.81 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Kolkata, West Bengal, India |
| Matheran Green Field Hotels and Developers Private Limited | ₹20.81 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | Mumbai, Maharashtra, India |
| Latitude and Longitude Private Limited | ₹20.8 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | Bengaluru, Karnataka, India |
| Decon India Construction Private Limited | ₹20.8 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Durgapur, West Bengal, India |
| Sree-Cons Engineers (India) Private Limited | ₹20.8 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Hayathnagar, Telangana, India |
| Griha Pravesh Buildcon Private Limited | ₹20.8 Lakh (FY 2025) | •••• | •••• | 152.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Sipani Developers 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 Sipani Developers Private Limited
Sipani Developers Private Limited is audited by R K KANKARIA & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R K KANKARIA & CO | 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 Sipani Developers Private Limited
Sipani Developers has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Sipani Also directs: Excellent Fintrade Private Limited, Klene Paks Limited, Klene Logistics Private Limited and 3 more | Director | 15 Jun 2009 | 17 Years 3 Months | Current |
| Vimal Sipani Also directs: Klene Paks Limited, Sipani Soft Stones Private Limited, Sipani Online Private Limited and 1 more | Director | 15 Jun 2009 | 17 Years 3 Months | Current |
| Abhinav Daga Also directs: Chennai Polymers Private Limited | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Sipani 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 Sipani Developers Private Limited
Sipani Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Sipani Developers Private Limited
Sipani Developers Private Limited has 2 court cases on record: 2 filed by Sipani Developers. 1 case is pending and 1 is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 2 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.
Employees and EPFO Compliance at Sipani Developers Private Limited
Employment history and EPFO contributions of people linked to Sipani Developers.
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 Sipani Developers Private Limited
Sipani Developers has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
CIN History of Sipani Developers Private Limited
Sipani Developers has one previous CIN (Corporate Identification Number): U51109WB2005PTC104095. The current CIN is U70102WB2005PTC104095, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102WB2005PTC104095 | Current |
| U51109WB2005PTC104095 | Previous |
Recent Activity on Sipani Developers Private Limited
Sipani Developers Private Limited has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Abhinav Daga was appointed as Additional Director on 01 Apr 2025.
Credit Ratings, Litigation & Regulatory Alerts for Sipani 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 Sipani 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 Sipani 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 Sipani Developers Private Limited
Sipani Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS1559E2Z4 | Karnataka | Active | 01 Jul 2017 |
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 Sipani 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 Sipani Developers Private Limited
Sipani 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 12 July 2005 (21+ years old) and is registered under CIN U70102WB2005PTC104095.
Sipani Developers reported revenue of ₹20.81 Lakh for FY 2025 (down 53% YoY).
Sipani Developers has 3 current directors:
- Sunil Kumar Sipani - Director
- Vimal Sipani - Director
- Abhinav Daga - Additional Director
Sipani Developers reported a net profit of ₹7.46 Lakh (net margin 35.8%) and EBITDA of ₹11.88 Lakh (EBITDA margin 57.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sipani Developers is -13% over three years and -49% over five years. In the latest year (FY 2025) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sipani Developers is 29AAJCS1559E2Z4, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sipani Developers is U70102WB2005PTC104095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sipani Developers has 2 court cases on record: 2 filed by the company. 1 is pending.
Sipani Developers was incorporated on 12 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Sipani Developers by revenue are Chandramukhi Estates Private Limited, RGPG Infra Developers Private Limited, Kavr Design and Construction Private Limited, Angelique Builders Private Limited, Udhaya Lava Pearls Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Abhinav Daga was appointed as Additional Director on 01 Apr 2025. Kailash Goel ceased to be Director on 31 Aug 2010. Narendra Goel ceased to be Director on 31 Aug 2010. Sipani Developers has 9 board changes on record in total.