S.K. Development Pvt Ltd
About S.K. Development Pvt Ltd
Data last updated:
S.K. Development Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 01 July 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U34103WB1987PTC042623. Its GSTIN is 19AADCS7398K1ZI (West Bengal).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.63 Lakh. It is led by directors Viveak Nangalia and Ramesh Kumar Nangalia.
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 23A Netaji Subhas Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.11 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Lakh (net margin 1.2%) and EBITDA of ₹26.24 Lakh (EBITDA margin 23.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹6.8 Cr on record. Court records list 12 cases involving the company, including 9 filed by the company and 3 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address23A Netaji Subhas Road, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Real Estate Financing
- 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 S.K. Development Pvt Ltd
The main business activity of S.K. Development is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 S.K. Development Pvt Ltd FY 2025 filings available
S.K. Development Pvt Ltd reported revenue of ₹1.11 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of S.K. Development Pvt Ltd
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 57% 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 S.K. Development Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹26.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.3 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of S.K. Development Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 S.K. Development 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 S.K. Development Pvt Ltd
S.K. Development Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanghvi Exports Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Arti Web-Developers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Greenbrix Infra Ventures Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Calypso Realty Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Saka Exim Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| S.K. Development Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ascend Offices Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Storm Realty Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Manasa Nirman Private Limited | •••• | •••• | •••• | •••• | - | Himayathnagar, Telangana, India |
| SRHR Infratech Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Dotsplash Realty Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below S.K. Development by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of S.K. Development Pvt Ltd
S.K. Development Pvt Ltd is audited by BAS&CO.LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAS&CO.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 S.K. Development Pvt Ltd
S.K. Development has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viveak Nangalia | Director | 07 Oct 2009 | 17 Years 0 Months | Current |
| Ramesh Kumar Nangalia | Director | 01 Jul 1987 | 39 Years 3 Months | Current |
Ownership and Shareholding of S.K. Development Pvt Ltd
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 S.K. Development Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2025 | Others | ₹6.8 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of S.K. Development Pvt Ltd
S.K. Development Pvt Ltd has 12 court cases on record: 9 filed by S.K. Development, 3 filed against it. 5 cases are pending and 7 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 5 |
| High courts | 5 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (APO) | Filed against the company by Sreeram Dealcom Pvt. Ltd. | Disposed |
| Calcutta High Court | Court case (APO) | Filed against the company by Shreehari Dealcom Private Limited | Disposed |
| Calcutta High Court | Company petition | Filed by the company against Shreehari Dealcom Private Limited | Disposed |
| Calcutta High Court | Company petition | Filed by the company against Sreeram Dealcom Pvt. Ltd. | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Jaivik IT Solutions Sambal Mitra | Pending |
Full case history
All 12 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 S.K. Development Pvt Ltd
Employment history and EPFO contributions of people linked to S.K. Development.
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 S.K. Development Pvt Ltd
S.K. Development has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on S.K. Development Pvt Ltd
S.K. Development Pvt Ltd has 4 board changes on record since 1987: 2 appointments and 2 cessations. The latest: Surrekha Nangalia ceased to be Additional Director on 15 Mar 2012.
Credit Ratings, Litigation & Regulatory Alerts for S.K. Development Pvt Ltd
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 S.K. Development Pvt Ltd
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 S.K. Development Pvt Ltd
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 S.K. Development Pvt Ltd
S.K. Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCS7398K1ZI | West Bengal | 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 S.K. Development Pvt Ltd
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 S.K. Development Pvt Ltd
S.K. Development is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 01 July 1987 (39+ years old) and is registered under CIN U34103WB1987PTC042623.
S.K. Development reported revenue of ₹1.11 Cr for FY 2024 (up 2% YoY).
S.K. Development has 2 current directors:
- Viveak Nangalia - Director
- Ramesh Kumar Nangalia - Director
S.K. Development reported a net profit of ₹1.3 Lakh (net margin 1.2%) and EBITDA of ₹26.24 Lakh (EBITDA margin 23.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of S.K. Development is 14% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of S.K. Development is 19AADCS7398K1ZI, registered in West Bengal.
The CIN (Corporate Identification Number) of S.K. Development is U34103WB1987PTC042623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.K. Development has 12 court cases on record: 9 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
S.K. Development was incorporated on 01 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of S.K. Development by revenue are Sanghvi Exports Pvt Ltd, Arti Web-Developers Private Limited, Greenbrix Infra Ventures Private Limited, Calypso Realty Private Limited, Saka Exim Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Surrekha Nangalia ceased to be Additional Director on 15 Mar 2012. Vikash Nangalia ceased to be Director on 12 May 2011. Viveak Nangalia was appointed as Director on 07 Oct 2009. S.K. Development has 4 board changes on record in total.