Summer Palace Land Developers Private Limited
About Summer Palace Land Developers Private Limited
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Summer Palace Land 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 05 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PTC080130. Its GSTIN is 27AAACS5148Q2ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Dharmesh Kishor Gathani and Madhu Bharat Chadha.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 5 Everest Bldgtardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.51 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹87,340 (net margin -11.6%) and EBITDA of -₹69,167 (EBITDA margin -9.2%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹124.5 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Summer Palace Land Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 5 Everest Bldgtardeo Road, Mumbai, Maharashtra, India – 400034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Summer Palace Land 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 Summer Palace Land 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 |
Financials of Summer Palace Land Developers Private Limited
FY 2025 filings availableSummer Palace Land Developers Private Limited reported revenue of ₹7.51 Lakh (up 226% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 226% growth in the latest year. EBITDA fell 155% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹69,167 | ||||
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| Net Profit (PAT) | -₹87,340 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -9.2% | ||||
| Net Profit Margin | -11.6% | ||||
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To see the full financial statements and ratios of Summer Palace Land Developers Private Limited, buy the company report.
Board of directors of Summer Palace Land Developers Private Limited
Summer Palace Land Developers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Kishor Gathani Also directs: Devi Shakti Realty LLP, Rhythm Land Developers Private Limited, Mosiac Land Developers Private Limited and 5 more | Director | 02 May 2007 | 19 Years 5 Months | Current |
| Madhu Bharat Chadha Also directs: Shree Vadan Sadan Private Limited, Trenchant Land Developers Private Limited, Cheveley Land Developers Private Limited and 5 more | Director | 27 Jul 2021 | 5 Years 2 Months | Current |
| Ramesh Parsram Bhatia | Director | 05 Aug 1994 | 32 Years 2 Months | Current |
Auditor
Summer Palace Land Developers Private Limited is audited by K. R. Manik & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. R. Manik & Company | FY 2023 | 009550 |
Shareholding
The shareholding of Summer Palace Land 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Summer Palace Land Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2018 | 100209925 | Tata Capital Financial Services Limited | ₹5 Cr | Open | |
| 29 Aug 2018 | 100211306 | Others | ₹85 Cr | Satisfied | |
| 20 Mar 2013 | 10418286 | Kotak Mahindra Prime Limited | ₹7 Cr | Satisfied | |
| 08 Aug 2011 | 10339844 | Kotak Mahindra Prime Limited | ₹25 Cr | Satisfied | |
| 31 Mar 2009 | 10159012 | The Bank of Maharashtra Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of Summer Palace Land Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Summer Palace Land Developers Private Limited has 9 court cases on record: 3 filed by Summer Palace Land Developers, 6 filed against it. 5 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 3 |
| District courts | 3 | 2 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| High Court, MAHARASHTRA | Appeal | Filed against the company by individuals | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
| Supreme Court | Court case (0904-Civil Law : Transfer of Property Act, 1882 and Specific Relief Act, 1963 – matters arising out of suit for specific performance, declaration, injunction, possession or cancellation of deeds/documents) | Filed by the company against individuals | Pending |
To see the full case history of Summer Palace Land 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 Summer Palace Land Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Summer Palace Land Developers has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Summer Palace Land Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS5148Q2ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Summer Palace Land Developers Private Limited, buy the company report.
Recent activity
Summer Palace Land Developers Private Limited has 7 board changes on record since 1994: 3 appointments and 4 cessations. The latest: Ramesh Parsram Bhatia ceased to be Director on 14 Jan 2025.
8 earlier events are in the company report.
Frequently asked questions
Summer Palace Land 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 05 August 1994 (32+ years old) and is registered under CIN U45200MH1994PTC080130.
Summer Palace Land Developers has 3 current directors:
- Dharmesh Kishor Gathani - Director
- Madhu Bharat Chadha - Director
- Ramesh Parsram Bhatia - Director
The latest financial statements of Summer Palace Land Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Summer Palace Land Developers is 27AAACS5148Q2ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Summer Palace Land Developers is U45200MH1994PTC080130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Summer Palace Land Developers has 9 court cases on record: 3 filed by the company and 6 filed against it. 5 are pending. Most are in the high courts.
Summer Palace Land Developers was incorporated on 05 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramesh Parsram Bhatia ceased to be Director on 14 Jan 2025. Madhu Bharat Chadha ceased to be Director Appointed In Casual Vacancy on 30 Sep 2021. Sangeeta Ramesh Bhatia ceased to be Additional Director on 28 Aug 2021. Summer Palace Land Developers has 7 board changes on record in total.
The registered office of Summer Palace Land Developers is at A – 5 Everest Bldgtardeo Road, Mumbai, Maharashtra, India – 400034.
Summer Palace Land Developers operates in the real estate and construction industry, in the real estate builders and developers segment.