About Suchi Builders and Developers Private Limited
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Suchi Builders and 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 20 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2012PTC232440. Its GSTIN is 29AARCS8473K1Z9 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Payal Preet Koticha and Preet Asit Koticha.
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 Floor 3 Plot No. 254 A Band Box Dr Annie Besant Road Worli Colony, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.06 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹8.6 Cr (net margin 10%) and EBITDA of ₹8.6 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years.
As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹189.19 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pashminadevelopers.com.
Company details
Contact details
Suchi Builders and Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is pashminadevelopers.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFloor 3 Plot No. 254 A Band Box Dr Annie Besant Road Worli Colony, Mumbai, Maharashtra, India – 400030
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Suchi Builders and 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
Business activity
The main business activity of Suchi Builders and Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Suchi Builders and Developers Private Limited, buy the company report.
Financials of Suchi Builders and Developers Private Limited
FY 2025 filings availableSuchi Builders and Developers Private Limited reported revenue of ₹86.06 Cr (down 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 89%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.6 Cr | ||||
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| Net Profit (PAT) | ₹8.6 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 10% | ||||
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To see the full financial statements and ratios of Suchi Builders and Developers Private Limited, buy the company report.
Board of directors of Suchi Builders and Developers Private Limited
Suchi Builders and Developers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Preet Koticha Also directs: Thinksight Advisory Private Limited | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Preet Asit Koticha Also directs: Purabi Developers Private Limited, Stuti Realty Private Limited, Pashmina Realty Private Limited and 5 more | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Suchi Builders and Developers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Falcon Real Estate Private Limited | ₹86.22 Cr (FY 2024) | 176.0% | Bhubaneswar, Odisha, India | |||
| Suchi Builders and Developers Private Limitedthis company | ₹86.06 Cr (FY 2025) | ₹8.6 Cr | 10% | -67.0% | Mumbai, Maharashtra, India | |
| Bcim Engineering Private Limited | ₹85.98 Cr (FY 2025) | -7.0% | Bangalore, Karnataka, India | |||
| Sterling Urban Ventures Private Limited | ₹85.86 Cr (FY 2025) | 260.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Suchi Builders and Developers Private Limited, buy the company report.
Auditor
Suchi Builders and Developers Private Limited is audited by M H RAJPUROHIT & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M H RAJPUROHIT & ASSOCIATES | FY 2020 | 127697W |
Shareholding
The shareholding of Suchi Builders and Developers Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suchi Builders and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2022 | 100699150 | Others | ₹25 Cr | Open | |
| 31 Jan 2023 | 100762337 | Hdfc Bank Limited | ₹24.99 Cr | Satisfied | |
| 16 Oct 2020 | 100386358 | Idbi Trusteeship Services Limited | ₹164.2 Cr | Satisfied |
To see the full charge records of Suchi Builders and Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Suchi Builders and Developers Private Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed against the company by Xanadu Realty Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax Through Shashi Shekhar Singh | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Suchi Builders and 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 Suchi Builders and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suchi Builders and Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCS8473K1Z9 | Karnataka | Active | 14 Apr 2021 |
To see the full GST registrations and return filing status of Suchi Builders and Developers Private Limited, buy the company report.
Recent activity
Suchi Builders and Developers Private Limited has 10 board changes on record since 2014: 2 appointments and 8 cessations. The latest: Payal Preet Koticha ceased to be Additional Director on 30 Sep 2022.
6 earlier events are in the company report.
Frequently asked questions
Suchi Builders and 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 20 June 2012 (14+ years old) and is registered under CIN U45400MH2012PTC232440.
Suchi Builders and Developers has 2 current directors:
- Payal Preet Koticha - Director
- Preet Asit Koticha - Director
The latest financial statements of Suchi Builders and 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 Suchi Builders and Developers is 29AARCS8473K1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Suchi Builders and Developers is U45400MH2012PTC232440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suchi Builders and Developers has 4 court cases on record: 4 filed against it. 4 are pending. Most are in the district courts.
Suchi Builders and Developers was incorporated on 20 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Suchi Builders and Developers by revenue are Falcon Real Estate Private Limited, Bcim Engineering Private Limited, Sterling Urban Ventures Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Payal Preet Koticha ceased to be Additional Director on 30 Sep 2022. Preet Asit Koticha ceased to be Additional Director on 30 Sep 2022. Amit Bamshankar Jha ceased to be Director on 28 Mar 2022. Suchi Builders and Developers has 10 board changes on record in total.
Suchi Builders and Developers can be reached through the website pashminadevelopers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Suchi Builders and Developers is at Floor 3 Plot No. 254 A Band Box Dr Annie Besant Road Worli Colony, Mumbai, Maharashtra, India – 400030.
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