
Swarajya Developers Private Limited
About Swarajya Developers Private Limited
Data last updated:
Swarajya Developers Private Limited is a private limited company based in Kalyan, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 11 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2013PTC249966.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Baban Bhaskar Pagare and Bandu Gajanan Patil.
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 143 Swarajya Business Park, Kalyan, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.2 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹34.99 Lakh (net margin -41.1%) and EBITDA of ₹71.13 Lakh (EBITDA margin 83.5%). Revenue has grown at a compounded annual rate (CAGR) of 122% over three years and 95% over five years.
As per MCA filings, the company has open charges of ₹4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Swarajya Developers Private Limited's registered office is in Kalyan, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 301 & 302 Plot No. Rp – 143 Swarajya Business Park, Near Gharda Circle, Kalyan, Maharashtra, India – 421201
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Swarajya 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 Swarajya Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Swarajya Developers Private Limited, buy the company report.
Financials of Swarajya Developers Private Limited
FY 2025 filings availableSwarajya Developers Private Limited reported revenue of ₹85.2 Lakh (up 247% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 95% over five years, including 247% growth in the latest year. EBITDA rose 562% 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 |
|---|---|---|---|---|---|
| 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 | ₹71.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34.99 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.5% | ||||
| Net Profit Margin | -41.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Swarajya Developers Private Limited, buy the company report.
Board of directors of Swarajya Developers Private Limited
Swarajya Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baban Bhaskar Pagare Also directs: Sahitya Hotels Private Limited, Swamini Developers Private Limited, Sharavati Developers Private Limited and 2 more | Director | 11 Nov 2013 | 12 Years 11 Months | Current |
| Bandu Gajanan Patil Also directs: Sahitya Hotels Private Limited, Sukanti Hotels Private Limited, Swamini Developers Private Limited and 4 more | Director | 11 Nov 2013 | 12 Years 11 Months | Current |
| Karunakar Shetty Venkappa | Director | 11 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Swarajya Developers Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seethee's Infrastructures Private Limited | ₹85.34 Lakh (FY 2025) | -11.0% | Kochi, Kerala, India | |||
| Utsav Creations Private Limited | ₹85.33 Lakh (FY 2024) | 26.0% | Kolkata, West Bengal, India | |||
| Swarajya Developers Private Limitedthis company | ₹85.2 Lakh (FY 2025) | -₹34.99 Lakh | -41.1% | 247.0% | Kalyan, Maharashtra, India | |
| Annapurna Bakers (India) Private Limited | ₹84.97 Lakh (FY 2025) | 1.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Swarajya Developers Private Limited, buy the company report.
Auditor
Swarajya Developers Private Limited is audited by UDAY PREMJI PASAD for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UDAY PREMJI PASAD | FY 2023 | 046581 |
Shareholding
The shareholding of Swarajya 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 Swarajya Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2024 | 100955540 | Standard Chartered Bank | ₹4 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Swarajya Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swarajya Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Swarajya Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swarajya Developers Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Mohandas Narayan Shetty ceased to be Director on 12 Feb 2025.
Frequently asked questions
Swarajya Developers is an active private limited company based in Kalyan, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 11 November 2013 (13+ years old) and is registered under CIN U45200MH2013PTC249966.
Swarajya Developers has 3 current directors:
- Baban Bhaskar Pagare - Director
- Bandu Gajanan Patil - Director
- Karunakar Shetty Venkappa - Director
The latest financial statements of Swarajya 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 CIN (Corporate Identification Number) of Swarajya Developers is U45200MH2013PTC249966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swarajya Developers was incorporated on 11 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Swarajya Developers by revenue are Seethee's Infrastructures Private Limited, Utsav Creations Private Limited, Annapurna Bakers (India) Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Mohandas Narayan Shetty ceased to be Director on 12 Feb 2025. Umesh Shetty ceased to be Director on 12 Feb 2025. Viveka Krishna Shetty ceased to be Director on 12 Feb 2025. Swarajya Developers has 6 board changes on record in total.
The registered office of Swarajya Developers is at Unit No. 301 & 302 Plot No. Rp – 143 Swarajya Business Park, Near Gharda Circle, Kalyan, Maharashtra, India – 421201.
Swarajya Developers operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Swarajya Developers has open charges of ₹4 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Swarajya Developers is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.