Siroya Developers Private Limited
About Siroya Developers Private Limited
Data last updated:
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 22 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Siroya Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address43 B2 Yashodham Enclave General A K Vaidya Marg Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Siroya 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
Financials of Siroya Developers Private Limited
FY 2025 filings availableSiroya Developers Private Limited reported revenue of ₹1.5 Cr (up 4968% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Siroya Developers Private Limited, buy the company report.
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 |
Auditor
Siroya Developers Private Limited is audited by YASH JAIN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YASH JAIN & ASSOCIATES | FY 2022 | 139834W |
Shareholding
The shareholding of Siroya Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Siroya Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2017 | 100084767 | Others | ₹7 Cr | Open | |
| 07 Oct 2013 | 10453670 | Abhyudaya Co-Operative Bank Ltd | ₹63 Lakh | Open | |
| 23 May 2013 | 10431156 | Others | ₹15.96 Cr | Open | |
| 15 Mar 2013 | 10414435 | Kotak Mahindra Bank Limited | ₹48.11 Lakh | Open | |
| 27 Mar 2010 | 10211755 | Others | ₹15.96 Cr | Open |
To see the full charge records of Siroya Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Siroya Developers Private Limited has 34 court cases on record: 12 filed by Siroya Developers, 22 filed against it. 9 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 15 | 3 |
| High courts | 15 | 6 | 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 Pvt. Ltd. | Pending |
| District court, Sitapur, Uttar Pradesh | Interim or miscellaneous application | Filed against the company by Seksaria Industries Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by CFM Asset Reconstruction Pvt. Ltd. Th. Riddhi Domadia | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by CFM Asset Reconstruction Pvt Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Karimjee Pvt. Ltd. | Disposed |
To see the full case history of Siroya 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 Siroya Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Siroya Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7975D2Z3 | Maharashtra | Active | 18 Dec 2017 |
To see the full GST registrations and return filing status of Siroya Developers Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Shrenik Dheerajmal Siroya - Director
- Kishor Kantilal Velani - Additional Director
The latest financial statements of Siroya Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 22 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.
The registered office of Siroya Developers is at 43 B2 Yashodham Enclave General A K Vaidya Marg Goregaon East, Mumbai, Maharashtra, India – 400063.
Siroya Developers operates in the real estate and construction industry, in the real estate builders and developers segment.