Siroya Developers Private Limited
About Siroya Developers Private Limited
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Siroya Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1982PTC027196. Its GSTIN is 27AAACS7975D2Z3 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors Shrenik Dheerajmal Siroya and Kishor Kantilal Velani.
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 43 B2 Yashodham Enclave General A K Vaidya Marg Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.5 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 93.7%) and EBITDA of -₹4.01 Lakh (EBITDA margin -2.7%). Revenue has grown at a compounded annual rate (CAGR) of 163% over three years.
As per MCA filings, the company has open charges of ₹40.03 Cr on record. Court records list 34 cases involving the company, including 12 filed by the company and 14 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address43 B2 Yashodham Enclave General A K Vaidya Marg Goregaon East, Mumbai, Maharashtra, India – 400063
- 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 Siroya Developers Private Limited FY 2025 filings available
Siroya Developers Private Limited reported revenue of ₹1.5 Cr (up 4968% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Siroya Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 163% over three years. 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 Siroya Developers Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.5 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.4 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Siroya Developers Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 93.7% | •••• | •••• | •••• | •••• |
| 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 Siroya 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.
Auditor Details of Siroya Developers Private Limited
Siroya Developers Private Limited is audited by YASH JAIN & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| YASH JAIN & ASSOCIATES | 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 Siroya Developers Private Limited
Siroya Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrenik Dheerajmal Siroya Also directs: Vista Buildcon LLP, Shattaf Developers LLP, Sarabjit Construction Company Private Limited and 5 more | Director | 30 Sep 1998 | 28 Years 0 Months | Current |
| Kishor Kantilal Velani | Additional Director | 01 Mar 2024 | 2 Years 7 Months | Current |
Ownership and Shareholding of Siroya 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 Siroya Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2017 | Others | ₹7 Cr | Open |
| 07 Oct 2013 | Abhyudaya Co-Operative Bank Ltd | ₹63 Lakh | Open |
| 23 May 2013 | Others | ₹15.96 Cr | Open |
| 15 Mar 2013 | Kotak Mahindra Bank Limited | ₹48.11 Lakh | Open |
| 27 Mar 2010 | Others | ₹15.96 Cr | Open |
Total charge records: 5 View all charges
Legal Cases of Siroya Developers Private Limited
Siroya Developers Private Limited has 34 court cases on record: 12 filed by Siroya Developers, 14 filed against it, 8 where it is another party. 9 cases are pending and 25 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 8 | 3 |
| High courts | 15 | 5 | 5 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed by the company against Karimjee Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by CFM Asset Reconstruction Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Karimjee Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Karimjee Limited | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 3 Mumbai | Pending |
Full case history
All 34 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 Siroya Developers Private Limited
Employment history and EPFO contributions of people linked to Siroya 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.
Recent Activity on Siroya Developers Private Limited
Siroya Developers Private Limited has 6 board changes on record since 1998: 2 appointments and 4 cessations. The latest: Kishor Kantilal Velani was appointed as Additional Director on 01 Mar 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Siroya 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 Siroya 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 Siroya 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 Siroya Developers Private Limited
Siroya Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7975D2Z3 | Maharashtra | Active | 18 Dec 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 Siroya 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 Siroya Developers Private Limited
Siroya Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 May 1982 (44+ years old) and is registered under CIN U65990MH1982PTC027196.
Siroya Developers reported revenue of ₹1.5 Cr for FY 2022 (up 4968% YoY).
Siroya Developers has 2 current directors:
- Shrenik Dheerajmal Siroya - Director
- Kishor Kantilal Velani - Additional Director
Siroya Developers reported a net profit of ₹1.4 Cr (net margin 93.7%) and EBITDA of -₹4.01 Lakh (EBITDA margin -2.7%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Siroya Developers is 163% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Siroya Developers is 27AAACS7975D2Z3, registered in Maharashtra. 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 Siroya Developers is U65990MH1982PTC027196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siroya Developers has 34 court cases on record: 12 filed by the company and 14 filed against it. 9 are pending. Most are in the district courts.
Siroya Developers was incorporated on 22 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Kishor Kantilal Velani was appointed as Additional Director on 01 Mar 2024. Rohan Chandraprakash Siroya ceased to be Director on 01 Mar 2024. Kishor Kantilal Velani ceased to be Director on 11 Sep 2020. Siroya Developers has 6 board changes on record in total.