Source Developers Private Limited
About Source Developers Private Limited
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Source Developers Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U70101HR2005PTC035705.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rahul Aggarwal and Harish Chander Yadav.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Omaxe World Street Sales Office, Sector – 79 Faridabad, Haryana, India – 121002.
As per MCA filings, the company has open charges of ₹62.87 Cr and satisfied charges of ₹264 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Source Developers Private Limited's registered office is in Faridabad, Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressOmaxe World Street Sales Office, Sector – 79 Faridabad, Haryana, India – 121002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Source 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 Source Developers Private Limited
FY 2025 filings availableSource Developers Private Limited reported revenue of ₹4,780 (down 14% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 14% fall 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
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| Total Revenue | ₹4,780 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Source Developers Private Limited, buy the company report.
Board of directors of Source Developers Private Limited
Source Developers has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Aggarwal Also directs: Omaxe Realtors Limited, Omaxe Heritage Private Limited, Lohith Developers Private Limited and 5 more | Director | 01 May 2019 | 7 Years 5 Months | Current |
| Harish Chander Yadav Also directs: P N Buildcon Private Limited, Shalin Buildwell Private Limited, Abhas Realcon Private Limited and 5 more | Director | 30 Jun 2022 | 4 Years 3 Months | Current |
Auditor
Source Developers Private Limited is audited by M SAHU & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M SAHU & ASSOCIATES | FY 2021 | 030399N |
Shareholding
The shareholding of Source Developers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Source Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2016 | 100065106 | State Bank of India | ₹62.87 Cr | Open | |
| 20 Dec 2013 | 10469070 | Punjab National Bank | ₹50 Cr | Satisfied | |
| 01 Jul 2011 | 10294760 | Religare Finvest Limited | ₹38 Cr | Satisfied | |
| 13 Mar 2009 | 10150066 | Religare Finvest Limited | ₹26 Cr | Satisfied | |
| 23 Dec 2008 | 10141536 | Lic Housing Finance Ltd | ₹150 Cr | Satisfied |
To see the full charge records of Source Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Source Developers Private Limited has 5 court cases on record: 3 filed by Source Developers, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jhajjar, Haryana | Court case (LAC) | Filed by the company against State of Haryana | Pending |
| High Court, HARYANA | Appeal | Filed against the company by State of Haryana and Another and 1 other | Disposed |
| District court, Jhajjar, Haryana | Civil suit | Filed against the company by an individual | Disposed |
| High Court, HARYANA | Appeal | Filed by the company against The State of Haryana and Others and 2 others | Disposed |
| District court, Jhajjar, Haryana | Execution petition | Filed by the company against State of Haryana Through Collector and 2 others | Disposed |
To see the full case history of Source 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 Source Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Source Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Source Developers Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Harish Chander Yadav ceased to be Additional Director on 24 Sep 2022.
14 earlier events are in the company report.
Frequently asked questions
Source Developers is an active private limited company based in Faridabad, Haryana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 April 2005 (21+ years old) and is registered under CIN U70101HR2005PTC035705.
Source Developers has 2 current directors:
- Rahul Aggarwal - Director
- Harish Chander Yadav - Director
The latest financial statements of Source Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Source Developers is U70101HR2005PTC035705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Source Developers has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Source Developers was incorporated on 25 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Haryana.
Harish Chander Yadav ceased to be Additional Director on 24 Sep 2022. Harish Chander Yadav was appointed as Director on 30 Jun 2022. Tom Joseph ceased to be Director on 30 Jun 2022. Source Developers has 12 board changes on record in total.
The registered office of Source Developers is at Omaxe World Street Sales Office, Sector – 79 Faridabad, Haryana, India – 121002.
Source Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Source Developers has open charges of ₹62.87 Cr and satisfied charges of ₹264 Cr as per latest MCA filings.