South Asian Developers Private Limited
About South Asian Developers Private Limited
Data last updated:
South Asian Developers Private Limited is a private limited company based in Muvattupuzha, Kerala, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 20 January 1968 and has been in existence for over 58 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U70100KL1968PTC002163. Its GSTIN is 32AANCS3169C1ZG (Kerala).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as T.M.S. Infra Private Limited and South Asian Plywood Mills Private Limited. It is led by directors including Thottathikudiyil Seethy Jaleel (Whole-Time Director) and Thottathikudiyil Seethy Nooh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mmc/V76 Tms Center 1st Floor Keecheripady Jn Market P.O, Muvattupuzha, Kerala, India – 686673.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.26 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹93.73 Lakh (net margin -11.4%) and EBITDA of -₹4.26 Lakh (EBITDA margin -0.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 18% over five years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Name History
South Asian Developers has undergone 2 name changes throughout its history. The company was previously known as T.M.S. Infra Private Limited, and South Asian Plywood Mills Private Limited. The current legal name is South Asian Developers Private Limited.
| Company Name | Status |
|---|---|
| South Asian Developers Private Limited | Current |
| T.M.S. Infra Private Limited | Previous |
| South Asian Plywood Mills Private Limited | Previous |
CIN History
South Asian Developers has one previous CIN (Corporate Identification Number): U20211KL1968PTC002163. The current CIN is U70100KL1968PTC002163, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100KL1968PTC002163 | Current |
| U20211KL1968PTC002163 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressMmc/V76 Tms Center 1st Floor Keecheripady Jn Market P.O, Muvattupuzha, Kerala, India – 686673
- 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
The main business activity of South Asian Developers is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | 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
Financials of South Asian Developers Private Limited
FY 2024 filings availableSouth Asian Developers Private Limited reported revenue of ₹8.26 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 4% fall in the latest year. EBITDA fell 21% 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | -₹4.26 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹93.73 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.5% | |
| Net Profit Margin | -11.4% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 South Asian Developers are in the company report.
: available in the company report
Board of Directors of South Asian Developers Private Limited
South Asian Developers has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Auditor Details
South Asian Developers Private Limited is audited by BALAN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BALAN & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
South Asian Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
South Asian Developers Private Limited has 5 court cases on record: 4 filed by South Asian Developers, 1 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against The Kerala Financial Corporation | Pending |
| High Court | Appeal | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| High Court | Petition | Filed by the company against The Collector of Central Excise | Disposed |
| High Court | Petition | Filed by the company against an individual | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to South Asian Developers.
: available in the company report
Recent Activity
South Asian Developers Private Limited has 16 board changes on record since 1981: 7 appointments and 9 cessations. The latest: Thottahikudiyil Seethy Basheer ceased to be Director on 22 May 2019.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
South Asian Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AANCS3169C1ZG | Kerala | Active | 06 Sep 2018 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
South Asian Developers is an active private limited company based in Muvattupuzha, Kerala, India. The company works in real estate financing, within the financial services industry. It was incorporated on 20 January 1968 (58+ years old) and is registered under CIN U70100KL1968PTC002163.
South Asian Developers has 7 current directors:
- Thottathikudiyil Seethy Jaleel - Whole-Time Director
- Thottathikudiyil Seethy Nooh - Whole-Time Director
- Thottahikudiyil Seethy Basheer - Whole-Time Director
- Yahiya Seethy Thottathikudiyil - Whole-Time Director
- Thottathil Seeethy Rasheed - Whole-Time Director
- Thottathikudiyil Seethy Binyamine - Whole-Time Director
- Thottathikudiyil Seethy Ameer - Whole-Time Director
The latest financial statements of South Asian Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of South Asian Developers is 32AANCS3169C1ZG, registered in Kerala.
The CIN (Corporate Identification Number) of South Asian Developers is U70100KL1968PTC002163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
South Asian Developers has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
South Asian Developers was incorporated on 20 January 1968, making it 58+ years old. It is registered with the Registrar of Companies, Ernakulam.
Thottahikudiyil Seethy Basheer ceased to be Director on 22 May 2019. Thottathikudiyil Seethy Ameer ceased to be Director on 22 May 2019. Thottathikudiyil Seethy Binyamine ceased to be Director on 22 May 2019. South Asian Developers has 16 board changes on record in total.
The registered office of South Asian Developers is at MmcV76 Tms Center 1st Floor Keecheripady Jn Market P.O, Muvattupuzha, Kerala, India – 686673.
South Asian Developers operates in the financial services industry, in the real estate financing segment.