About Sunbourne Developers Private Limited
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Sunbourne Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Adani Infrastructure And Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC412621. Its GSTIN is 27AAFCA7525C1ZX (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹90 Lakh. It was formerly known as Arihant Gems & Jewelleries P Ltd and Adani Developers Private Limited. It is led by directors Sunil Sharma and Jackbastian Kaitan Nazareth.
Its last annual general meeting (AGM) was held on 24 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹343.17 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹56.01 Cr (net margin 16.3%) and EBITDA of ₹313.9 Cr (EBITDA margin 91.5%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹2,450 Cr and satisfied charges of ₹4,571.7 Cr on record. Court records list 29 cases involving the company, including 24 filed by the company and 5 filed against it; 9 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 adani.com.
Company details
Name history
Sunbourne Developers has undergone 3 name changes throughout its history. The company was previously known as Arihant Gems & Jewelleries P Ltd, Adani Developers Private Limited, and Adani Realty P Ltd. The current legal name is Sunbourne Developers Private Limited.
| Company Name | Status |
|---|---|
| Sunbourne Developers Private Limited | Current |
| Arihant Gems & Jewelleries P Ltd | Previous |
| Adani Developers Private Limited | Previous |
| Adani Realty P Ltd | Previous |
CIN history
Sunbourne Developers has one previous CIN (Corporate Identification Number): U45200GJ2005PTC046759. The current CIN is U45200MH2005PTC412621, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH2005PTC412621 | Current |
| U45200GJ2005PTC046759 | Previous |
Contact details
Sunbourne Developers Private Limited's registered office is in Bandra, Maharashtra. Its website is adani.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address601 Hallmark Business Plaza, Opp. Gurunanak Hospital Sant Dnyaneshwar Marg, Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sunbourne 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 Sunbourne 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 Sunbourne Developers Private Limited, buy the company report.
Financials of Sunbourne Developers Private Limited
FY 2026 filings availableSunbourne Developers Private Limited reported revenue of ₹343.17 Cr (up 65% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 65% growth in the latest year. EBITDA rose 75% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹313.9 Cr | ||||
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| Net Profit (PAT) | ₹56.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.5% | ||||
| Net Profit Margin | 16.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sunbourne Developers Private Limited, buy the company report.
Board of directors of Sunbourne Developers Private Limited
Sunbourne Developers has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Sharma Also directs: Swayam Realtors and Traders LLP, Adi Shantigram Estates LLP, Alinea Properties LLP and 5 more | Director | 31 Aug 2011 | 15 Years 2 Months | Current |
| Jackbastian Kaitan Nazareth Also directs: Swayam Realtors and Traders LLP, Valuable Properties Private Limited, Adani Navbharat Developers Private Limited and 5 more | Director | 30 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Sunbourne Developers Private Limited is audited by DHARMESH PARIKH & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHARMESH PARIKH & CO. LLP | FY 2023 | 112054W/W100725 |
Shareholding
The shareholding of Sunbourne 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 Sunbourne Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2026 | 101267463 | Others | ₹2,450 Cr | Open | |
| 12 Sep 2025 | 101154184 | Others | ₹100 Cr | Satisfied | |
| 30 Jun 2025 | 101126940 | Others | ₹100 Cr | Satisfied | |
| 06 Mar 2025 | 101058081 | Others | ₹50 Cr | Satisfied | |
| 13 Dec 2024 | 101045408 | Others | ₹500 Cr | Satisfied |
To see the full charge records of Sunbourne Developers Private Limited, buy the company report.
Total charge records: 35 View all charges
Legal cases
Sunbourne Developers Private Limited has 29 court cases on record: 24 filed by Sunbourne Developers, 5 filed against it. 9 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 2 | 8 |
| High courts | 3 | 1 | 1 |
| NCLT | 3 | 2 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against M/S Aga Business Services Pvt. Ltd. (Aga Hospitality Pvt. Ltd.) and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against M/S Aga Business Services Pvt. Ltd. and 2 others | Pending |
| High Court | Court case (CARAP) | Filed against the company by Westbridge Hospitality LLP A Limited Liability Partnership | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (REVISION) | Filed by the company against M/S Tucker Food and Hospitality LLP | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LD) | Filed against the company by Tucker Food and Hospitality LLP | Disposed |
To see the full case history of Sunbourne 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.
Credit ratings & regulatory alerts
Sunbourne Developers Private Limited was last rated by Care on 09 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Jul 2026 |
To see the full credit ratings and regulatory alerts of Sunbourne Developers Private Limited, buy the company report.
MSME payment delays
Sunbourne Developers Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 83 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Dharmesh Parikh and Company LLP |
To see the full MSME payment records of Sunbourne Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sunbourne Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA7525C1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunbourne Developers Private Limited, buy the company report.
Recent activity
Sunbourne Developers Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Madappa Palachanda ceased to be Additional Director on 20 Sep 2021.
83 earlier events are in the company report.
News
Frequently asked questions
Sunbourne 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 13 September 2005 (21+ years old) and is registered under CIN U45200MH2005PTC412621.
Sunbourne Developers has 2 current directors:
- Sunil Sharma - Director
- Jackbastian Kaitan Nazareth - Director
The latest financial statements of Sunbourne Developers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunbourne Developers is 27AAFCA7525C1ZX, 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 Sunbourne Developers is U45200MH2005PTC412621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunbourne Developers has 29 court cases on record: 24 filed by the company and 5 filed against it. 9 are pending. Most are in the district courts.
Sunbourne Developers was incorporated on 13 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Madappa Palachanda ceased to be Additional Director on 20 Sep 2021. Jackbastian Kaitan Nazareth was appointed as Director on 30 Jun 2021. Kalagarla Rao ceased to be Director on 04 Dec 2020. Sunbourne Developers has 11 board changes on record in total.
Sunbourne Developers has 12 MSME Form 1 returns on record between 2019 and 2024, listing 83 overdue payments to 34 micro and small suppliers. The latest return was filed on 02 May 2024.
Sunbourne Developers can be reached through the website adani.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sunbourne Developers is at 601 Hallmark Business Plaza, Opp. Gurunanak Hospital Sant Dnyaneshwar Marg, Mumbai, Maharashtra, India – 400051.
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