Sugee Developers Private Limited

Sugee Developers Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U45202MH2010PTC205004 Incorporated 29 June 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company real estate and construction MSME · Medium
Data last updated
Revenue · FY 2025
₹83.52 Cr
▼ 46% YoY
Net profit · FY 2025
₹5.75 Cr
Net margin 6.9%
EBITDA · FY 2025
₹43.29 Cr
EBITDA margin 51.8%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹28 Cr
Issued & subscribed
Open charges
₹312.42 Cr
Satisfied ₹288.03 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
4
Provident fund records

About Sugee Developers Private Limited

Data last updated:

Sugee 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 29 June 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2010PTC205004. Its GSTIN is 27AAOCS8625C1Z3 (Maharashtra).

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28 Cr. It is led by directors including Nishant Subhash Deshmukh and Nitin Pratap Salunkhe.

Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Nirlon House Dr.Annie Besant Road Worli, Mumbai, Maharashtra, India – 400030.

As per the financials filed for FY 2025, the company reported a revenue of ₹83.52 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹5.75 Cr (net margin 6.9%) and EBITDA of ₹43.29 Cr (EBITDA margin 51.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 100% over five years.

The company has about 4 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Sugee Group. As per MCA filings, the company has open charges of ₹312.42 Cr and satisfied charges of ₹288.03 Cr on record. Court records list 30 cases involving the company, including 6 filed by the company and 24 filed against it; 14 cases are pending. The company has 5 deals on record (3 funding rounds, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹40.09 Cr; the latest was in April 2023. The company has 21 MSME Form 1 returns on record between 2017 and 2024, listing 676 overdue payments to 34 micro and small suppliers.

Sugee Developers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0094916). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sugeegroup.com.

Company details

CIN U45202MH2010PTC205004
Registration Number 205004
Incorporation Date 29 June 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0094916
Key People
Nishant Subhash Deshmukh Director Nitin Pratap Salunkhe Director Pritesh Mangilal Jain Director

Recognitions & Rankings of Sugee Developers

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0094916

Contact details

Sugee Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is sugeegroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sugeegroup.com
  • Social Media
  • Registered Address
    3rd Floor Nirlon House Dr.Annie Besant Road Worli, Mumbai, Maharashtra, India – 400030
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Sugee Developers Private Limited, buy the company report.

Comprehensive company report
Sugee Developers Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Sugee Developers operates one associated brand: Sugee Group. Each brand links to its own profile.

BrandDescriptionWebsite
Sugee Group
Real estate developer specializing in residential redevelopment and luxury housing in Mumbai.sugeegroup.com

Business activity

The main business activity of Sugee Developers is real estate. In detail, this covers real estate activities on fee or contract basis.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL2Real estate activities on fee or contract basis

To see the full business activity and turnover split of Sugee Developers Private Limited, buy the company report.

Financials of Sugee Developers Private Limited

FY 2024 filings available

Sugee Developers Private Limited reported revenue of ₹83.52 Cr (down 46% YoY) for FY 2025.

Revenue · FY 2025
₹83.52 Cr ▼ 46%
Net profit · FY 2025
₹5.75 Cr margin 6.9%
EBITDA · FY 2025
₹43.29 Cr margin 51.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 10%
5 years · compounded
▲ 100%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 33%
5 years · compounded
▲ 30%

Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 100%. EBITDA rose 10% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹43.29 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.75 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin51.8%
Net Profit Margin6.9%
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 Sugee Developers Private Limited, buy the company report.

Board of directors of Sugee Developers Private Limited

Sugee Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nishant Subhash Deshmukh
Also directs: Sugee Realtors One LLP, Sugee Eight Developers LLP, Sugee Seven Developers LLP and 5 more
Director25 May 20233 Years 5 MonthsCurrent
Nitin Pratap Salunkhe
Also directs: Sugee Essen Estates Private Limited, Saumya Buildcon Private Limited
Director29 Jun 201016 Years 4 MonthsCurrent
Pritesh Mangilal Jain
Also directs: Sugee Eight Developers LLP, Sugee Five Developers LLP, Sugee Six Developers LLP and 5 more
Director17 Nov 20223 Years 11 MonthsCurrent
View all directors

Auditor

Sugee Developers Private Limited is audited by M G R & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M G R & Co.FY 2023012787S

Shareholding

The shareholding of Sugee Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sugee Developers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹312.42 Cr
Satisfied charges
₹288.03 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹165.00 Cr
State Bank of India₹142.10 Cr
Axis Bank Limited₹5.32 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Jun 2025101122310Sbicap Trustee Company Limited₹165 CrOpen
01 Feb 2025101048551State Bank of India₹18.75 CrOpen
04 Jan 2025101048550State Bank of India₹21 CrOpen
02 Aug 2024100957230State Bank of India₹21 CrOpen
28 Jul 2023100765476State Bank of India₹6.9 CrOpen

To see the full charge records of Sugee Developers Private Limited, buy the company report.

Total charge records: 26 View all charges

Deals & funding

Sugee Developers Private Limited has 5 deals on record (3 funding rounds, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹40.09 Cr; the latest was in April 2023.

Total deals
5
Funding rounds
3
Debt financing
1
Secondary share transfer
1
Disclosed funding
₹40.09 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Apr 2023Funding round₹8 CrInvestors: Sugee Realty & Developers (India) Private Limited
Jun 2021Funding round₹18 CrInvestors: Sugee Realty & Developers (India) Private Limited
Apr 2019Debt financing₹12.1 CrInvestors: SES Enterprises, 2 individuals
Mar 2017Secondary share transferUndisclosedBuyer: Sugee Realty & Developers Private Limited & Nitin Pratap Salunkee, Sugee Realty & Developers (India) Private Limited
Seller: 4 individuals
Mar 2013Funding round₹1.99 CrInvestors: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Sugee Developers Private Limited was last rated by Care on 05 Jul 2022.

Rating agencyRated onRating
Care05 Jul 2022

To see the full credit ratings and regulatory alerts of Sugee Developers Private Limited, buy the company report.

MSME payment delays

Sugee Developers Private Limited has 21 MSME Form 1 returns on record between 2017 and 2024, listing 676 overdue payments to 34 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 34)

SupplierAmount dueDue sinceReported on
RDC Concrete(India) Limited
Pag International Private Limited
an individual supplier
an individual supplier
We Are One Enterprises Private Limited

To see the full MSME payment records of Sugee Developers Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Sugee Developers Private Limited has a workforce of 4 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1

GST

Sugee Developers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAOCS8625C1Z3MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Sugee Developers Private Limited, buy the company report.

Recent activity

Sugee Developers Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Pritesh Mangilal Jain ceased to be Additional Director on 28 Sep 2023.

Charges
A charge registered on 19 Jan 2025 via Charge ID 101040250 with Others was fully satisfied on 07 Jul 2025.
Charges
A charge registered on 01 Oct 2024 via Charge ID 100986012 with Others was fully satisfied on 04 Jul 2025.
Charges
A charge registered on 01 Oct 2024 via Charge ID 100986000 with Others was fully satisfied on 04 Jul 2025.
Charges
A charge registered on 07 Nov 2024 via Charge ID 101003329 with Others was fully satisfied on 02 Jul 2025.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 165.00 Cr with Charge ID 101122310 was registered on 28 Jun 2025.
Charges
A charge registered on 12 Apr 2019 via Charge ID 100283117 with Others was fully satisfied on 13 Jun 2025.
Charges
A charge with State Bank Of India amounted to Rs. 18.75 Cr with Charge ID 101048551 was registered on 01 Feb 2025.
Charges
A charge with Others amounted to Rs. 45.00 Cr with Charge ID 101040250 was registered on 19 Jan 2025.
Charges
A charge with State Bank Of India amounted to Rs. 21.00 Cr with Charge ID 101048550 was registered on 04 Jan 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101003329 was registered on 07 Nov 2024.
Charges
A charge registered on 21 Sep 2023 via Charge ID 100806570 with Others was fully satisfied on 07 Nov 2024.
Charges
A charge registered on 27 Dec 2021 via Charge ID 100521060 with State Bank Of India was fully satisfied on 04 Oct 2024.

41 earlier events are in the company report.

News

Frequently asked questions

Sugee 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 29 June 2010 (16+ years old) and is registered under CIN U45202MH2010PTC205004.

Sugee Developers has 3 current directors:

The latest financial statements of Sugee Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Sugee Developers is 27AAOCS8625C1Z3, registered in Maharashtra.

The CIN (Corporate Identification Number) of Sugee Developers is U45202MH2010PTC205004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sugee Developers has 30 court cases on record: 6 filed by the company and 24 filed against it. 14 are pending. Most are in the high courts.

Sugee Developers was incorporated on 29 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Sugee Developers has 5 deals on record (3 funding rounds, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹40.09 Cr; the latest was in April 2023.

Pritesh Mangilal Jain ceased to be Additional Director on 28 Sep 2023. Nishant Subhash Deshmukh was appointed as Director on 25 May 2023. Anand Bhadresh Gandhi ceased to be Director on 17 Nov 2022. Sugee Developers has 6 board changes on record in total.

Yes, Sugee Developers is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0094916).

Sugee Developers has 21 MSME Form 1 returns on record between 2017 and 2024, listing 676 overdue payments to 34 micro and small suppliers. The latest return was filed on 15 May 2024.