About Suraj Estate Developers Limited
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Suraj Estate Developers Limited is a public 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 10 September 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1986PLC040873. Its GSTIN is 27AAACS8375H1Z0 (Maharashtra). It is a listed company.
The company has an authorised share capital of ₹34 Cr and a paid-up capital of ₹23.89 Cr. It was formerly known as Suraj Estate Developers Pvt. Ltd. It is led by directors including Rajan Meenathakonil Thomas (Managing Director) and Rahul Rajan Jesu Thomas (Whole-Time Director).
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 301 3rd Floor Aman Chambers Veer Savarkar Marg Opp. Bengal Chemicals Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹553.17 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹100.15 Cr (net margin 18.1%) and EBITDA of ₹206.73 Cr (EBITDA margin 37.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 52% over five years.
The company has about 11 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Suraj Eterna and Suraj Estate Developers. As per MCA filings, the company has open charges of ₹933 Cr and satisfied charges of ₹1,760.87 Cr on record. Court records list 129 cases involving the company, including 50 filed by the company and 50 filed against it; 14 cases are pending. The company has 18 deals on record (10 market trades, 5 debt financings, 1 funding round), with disclosed funding of ₹830.39 Cr; the latest was in April 2026. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Gujarat Toolroom Limited. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 46 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surajestate.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address301 3rd Floor Aman Chambers Veer Savarkar Marg Opp. Bengal Chemicals Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 of Suraj Estate Developers Limited
The main business activity of Suraj Estate Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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
Verified entity values are shown only after access is granted.
Financials of Suraj Estate Developers Limited FY 2025 filings available
Suraj Estate Developers Limited reported revenue of ₹553.17 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Suraj Estate Developers Limited
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 33% growth in the latest year. EBITDA fell 13% 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 of Suraj Estate Developers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹206.73 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹100.15 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 of Suraj Estate Developers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.1% | •••• | •••• | •••• | •••• |
| 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 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 Suraj Estate Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Suraj Estate Developers Limited
Suraj Estate Developers Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gujarat Toolroom Limited Listed | •••• | •••• | •••• | •••• | - | City Ahmedabad, Gujarat, India |
| Ashiana Housing Limited Listed | •••• | •••• | •••• | •••• | 424 | Kolkata, West Bengal, India |
| Omaxe Heritage Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Nirala Infratech Private Limited | •••• | •••• | •••• | •••• | 85 | Delhi, India |
| Tril Infopark Limited | •••• | •••• | •••• | •••• | 95 | Chennai, Tamil Nadu, India |
| Suraj Estate Developers Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Katerra India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| M and C Property Development Private Limited | •••• | •••• | •••• | •••• | 130 | Coimbatore, Tamil Nadu, India |
| Jayabheri Properties Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Isprava Vesta Private Limited | •••• | •••• | •••• | •••• | 1,277 | Mumbai, Maharashtra, India |
| Panchshil Infrastructure Holdings Private Limited | •••• | •••• | •••• | •••• | 172 | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Suraj Estate Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Suraj Estate Developers Limited
Suraj Estate Developers Limited is audited by Bhuwania & Agrawal Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bhuwania & Agrawal Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Suraj Estate Developers Limited
Suraj Estate Developers has 9 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujatha R Thomas Also directs: Uditi Premises Private Limited, Skyline Realty Private Limited, Gratique Realty Private Limited and 3 more | Director | 10 Sep 1986 | 40 Years 0 Months | Current |
| Rahul Rajan Jesu Thomas Also directs: Uditi Premises Private Limited, Skyline Realty Private Limited, Gratique Realty Private Limited and 3 more | Whole-Time Director | 18 Aug 2006 | 20 Years 1 Months | Current |
| Satyendra Shridhar Nayak Also directs: Skyline Realty Private Limited, Accord Estates Pvt Ltd | Director | 03 Dec 2021 | 4 Years 10 Months | Current |
| Ananta Singh Raghuvanshi Also directs: Share India Securities Limited. | Director | 10 Sep 2025 | 1 Years 0 Months | Current |
| Elizabeth Lavanya Rajan Thomas | Director | 08 Jan 2025 | 1 Years 8 Months | Current |
| Rajan Meenathakonil Thomas Also directs: Uditi Premises Private Limited, Skyline Realty Private Limited, Gratique Realty Private Limited and 3 more | Managing Director | 10 Sep 1986 | 40 Years 0 Months | Current |
Ownership and Shareholding of Suraj Estate Developers Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Suraj Estate Developers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2026 | Others | ₹40 Cr | Open |
| 20 Apr 2026 | Others | ₹20 Cr | Open |
| 25 Mar 2026 | Others | ₹160 Cr | Open |
| 20 Feb 2026 | Idbi Trusteeship Services Limited | ₹45 Cr | Open |
| 30 Jan 2026 | Others | ₹1.3 Cr | Open |
Total charge records: 70 View all charges
Deals & Funding of Suraj Estate Developers Limited
Suraj Estate Developers Limited has 18 deals on record (10 market trades, 5 debt financings, 1 funding round), with disclosed funding of ₹830.39 Cr; the latest was in April 2026.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Market trade | ₹35.12 Cr | Buyer: NK Securities Research Private Limited , Silverleaf Capital Services Private Limited , Junomoneta Finsol Private Limited Seller: NK Securities Research Private Limited , Silverleaf Capital Services Private Limited , Junomoneta Finsol Private Limited |
| Oct 2025 | Market trade | ₹48.34 Cr | Buyer: Graviton Research Capital LLP , Silverleaf Capital Services Private Limited , NK Securities Research Private Limited Seller: Graviton Research Capital LLP , Silverleaf Capital Services Private Limited , NK Securities Research Private Limited |
| Oct 2024 | Market trade | ₹19.65 Cr | Buyer: L7 Hitech Private Limited Seller: L7 Hitech Private Limited |
| Oct 2024 | Market trade | ₹24.41 Cr | Buyer: L7 Hitech Private Limited Seller: L7 Hitech Private Limited |
| Aug 2024 | Funding round | ₹500 Cr | Investors: Ovata Equity Fund, Keemtee Financial Services Limited , 2 individuals |
Full deal history
All 18 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Suraj Estate Developers Limited
Suraj Estate Developers Limited has 129 court cases on record: 50 filed by Suraj Estate Developers, 50 filed against it, 29 where it is another party. 14 cases are pending and 115 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 69 | 40 | 4 |
| High courts | 59 | 10 | 10 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 129)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Tradesvel Security Services Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra Ministry of Revenue and Forests | Pending |
| Bombay High Court | Interim or miscellaneous application | Company is another party | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Company is another party | Pending |
Full case history
All 129 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Suraj Estate Developers Limited
Suraj Estate Developers Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 46 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aikon Telecom Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Crescent Technologies | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Suraj Estate Developers Limited
Suraj Estate Developers operates two associated brands: Suraj Eterna and Suraj Estate Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and sells luxury 1 and 2 BHK apartments in Mumbai's prime locations. | surajeterna.com | |
| Residential and commercial properties are developed by Suraj Estate Developers. | surajestate.com |
Employees and EPFO Compliance at Suraj Estate Developers Limited
Suraj Estate Developers Limited has a workforce of 11 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Suraj Estate Developers Limited
Suraj Estate Developers has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Skyline Realty Private Limited | U45201MH2006PTC164709 | Locked |
| Accord Estates Pvt Ltd | U70100MH1987PTC044983 | Locked |
| Iconic Property Developers Private Limited | U70100MH2010PTC205955 | Locked |
Showing major subsidiaries. Total: 3.
CIN History of Suraj Estate Developers Limited
Suraj Estate Developers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L99999MH1986PLC040873, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L99999MH1986PLC040873 | Current |
| U99999MH1986PLC040873 | Previous |
| U99999MH1986PTC040873 | Previous |
News related to Suraj Estate Developers Limited
Recent Activity on Suraj Estate Developers Limited
Suraj Estate Developers Limited has 19 board changes on record since 1986: 9 appointments and 10 cessations. The latest: Ananta Singh Raghuvanshi ceased to be Additional Director on 02 Dec 2025.
153 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Suraj Estate Developers Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Suraj Estate Developers Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Suraj Estate Developers Limited
Suraj Estate Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS8375H1Z0 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Suraj Estate Developers Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Suraj Estate Developers Limited
Suraj Estate Developers is an active public 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 10 September 1986 (40+ years old) and is registered under CIN L99999MH1986PLC040873.
Suraj Estate Developers reported revenue of ₹553.17 Cr for FY 2025 (up 33% YoY).
Suraj Estate Developers has 9 current directors:
- Rajan Meenathakonil Thomas - Managing Director
- Rahul Rajan Jesu Thomas - Whole-Time Director
- Sujatha R Thomas - Director
- Satyendra Shridhar Nayak - Director
- Ananta Singh Raghuvanshi - Director
- Elizabeth Lavanya Rajan Thomas - Director
- Vinod Prabhudas Chithore - Director
- Jitendra Shantilal Mehta - Director
- Sunil Pant - Director
Suraj Estate Developers reported a net profit of ₹100.15 Cr (net margin 18.1%) and EBITDA of ₹206.73 Cr (EBITDA margin 37.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Suraj Estate Developers is 26% over three years and 52% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Suraj Estate Developers is 27AAACS8375H1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Suraj Estate Developers is L99999MH1986PLC040873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Suraj Estate Developers is a listed company.
Suraj Estate Developers has 129 court cases on record: 50 filed by the company and 50 filed against it. 14 are pending. Most are in the district courts.
Suraj Estate Developers was incorporated on 10 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Suraj Estate Developers has 18 deals on record (10 market trades, 5 debt financings, 1 funding round), with disclosed funding of ₹830.39 Cr; the latest was in April 2026.
The peers of Suraj Estate Developers by revenue are Gujarat Toolroom Limited, Ashiana Housing Limited, Omaxe Heritage Private Limited, Nirala Infratech Private Limited, Tril Infopark Limited and 5 more, all in the Real Estate industry (Builders and Developers).