Township Developers India Limited
About Township Developers India Limited
Data last updated:
Township Developers India Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 May 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2006PLC161598. Its GSTIN is 27AACCT5892N2ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹609.77 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Township Developers India Private Limited. It is led by directors including Placid Jacob Naronha and Bhagwat Swarup Sharma.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Hdil Towers 4th Floor Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2018, the company reported a revenue of ₹79,876. For the same year it recorded a net loss of ₹6.96 Lakh and EBITDA of -₹4.45 Lakh.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 46 cases involving the company, including 2 filed by the company and 44 filed against it; 33 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹55.55 Cr; the latest was in March 2016.
Company details
CIN history
Township Developers India has one previous CIN (Corporate Identification Number): U70109MH2006PTC161598. The current CIN is U70109MH2006PLC161598, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109MH2006PLC161598 | Current |
| U70109MH2006PTC161598 | Previous |
Contact details
Township Developers India Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressHdil Towers 4th Floor Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Township Developers India 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 Township Developers India 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 |
Financials of Township Developers India Limited
FY 2018 filings availableTownship Developers India Limited reported revenue of ₹79,876 for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹79,876 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹4.45 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.96 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Township Developers India Limited, buy the company report.
Board of directors of Township Developers India Limited
Township Developers India has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Placid Jacob Naronha | Director | 30 Jan 2010 | 16 Years 8 Months | As last reported |
| Bhagwat Swarup Sharma Also directs: Vallabh Poly-Plast International Limited, Samudra Developers Private Limited., Ultra Space Developers Private Limited and 5 more | Director | 05 Feb 2009 | 17 Years 8 Months | As last reported |
| Amit Mahesh Pathak Also directs: Wine and Spirits Vault Travels Retail LLP, Mindspace Buidcon Private Limited, Dish Hospitality Private Limited and 5 more | Director | 07 Feb 2017 | 9 Years 8 Months | As last reported |
| Deovijay Ramdhari Singh Also directs: Quarrsmart Infra LLP, Ikigai Property Private Limited, Mahadev Realtors Juhu Private Limited and 5 more | Director | 23 Sep 2025 | 1 Years 1 Months | As last reported |
| Shivasare Kalluram Yadav Also directs: Somnath Superstructure LLP, Shree Mallikarjuna Infra Realty LLP, Mahakaleshwar Buildcon LLP and 5 more | Director | 23 Sep 2025 | 1 Years 1 Months | As last reported |
Auditor
Township Developers India Limited is audited by T R CHADHA & CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R CHADHA & CO LLP | FY 2018 | 006711N/N500028 |
Shareholding
The shareholding of Township Developers India Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Township Developers India Limited, buy the company report.
Deals & funding
Township Developers India Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹55.55 Cr; the latest was in March 2016.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Infill Retail Ventures Private Limited , Davina Infrastructure Developers Private Limited, Variya Hospitality and Investments Private Limited Seller: Infill Retail Ventures Private Limited , Wadhawan Hospitality & Invest Private Limited, Davinia Infrastructure Developers Private Limited |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: Infill Retail Ventures Private Limited , Wadhawan Hospitality & Invest Private Limited Seller: 2 individuals |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Wadhawan Hospitality & Invest Private Limited Seller: 2 individuals |
| Dec 2006 | Funding round | ₹11.5 Lakh | Investors: Infill Retail Ventures Private Limited , Kyta Advisors Private Limited , Wadhawan Consolidated Holdings Private Limited |
To see the full deal history of Township Developers India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Township Developers India Limited has 46 court cases on record: 2 filed by Township Developers India, 44 filed against it. 33 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 37 | 32 |
| NCLAT | 6 | 6 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Shrem Investments Pvt. Ltd. 1101 Viraj Tower Junction of Andheri Kurla Road Western Express Highway Andheri East, Mumbai 400069 , , Other and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Shoreline Infrastructure Developers Ltd. Through Ajay Hanumanprasad Khemka and 5 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Shoreline Infrastructure Developers Ltd. Through Ajay Hanumanprasad Khemka and 5 others | Disposed |
| District court, Pune, Maharashtra | Court case (Reg Dkst) | Filed against the company | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Township Developers India 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 Township Developers India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Township Developers India has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
Employees & EPFO
Township Developers India Limited has a workforce of 2 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Township Developers India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT5892N2ZJ | Maharashtra | Active | 10 Jun 2024 |
To see the full GST registrations and return filing status of Township Developers India Limited, buy the company report.
Recent activity
Township Developers India Limited has 16 board changes on record since 2007: 6 appointments and 10 cessations. The latest: Deovijay Ramdhari Singh was appointed as Director on 23 Sep 2025.
7 earlier events are in the company report.
Frequently asked questions
Township Developers India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Township Developers India is a company under insolvency, formerly operating as a 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 04 May 2006 and is registered under CIN U70109MH2006PLC161598. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Township Developers India has 5 current directors:
- Placid Jacob Naronha - Director
- Bhagwat Swarup Sharma - Director
- Amit Mahesh Pathak - Director
- Deovijay Ramdhari Singh - Director
- Shivasare Kalluram Yadav - Director
The latest financial statements of Township Developers India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Township Developers India is U70109MH2006PLC161598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Township Developers India has 46 court cases on record: 2 filed by the company and 44 filed against it. 33 are pending. Most are in the district courts.
Township Developers India was incorporated on 04 May 2006. It is registered with the Registrar of Companies, Mumbai.
Township Developers India has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹55.55 Cr; the latest was in March 2016.
Deovijay Ramdhari Singh was appointed as Director on 23 Sep 2025. Shivasare Kalluram Yadav was appointed as Director on 23 Sep 2025. Anshul Gupta was appointed as Irp/Rp/Liquidator on 18 Oct 2024. Township Developers India has 16 board changes on record in total.
The registered office of Township Developers India is at Hdil Towers 4th Floor Anant Kanekar Marg Bandra East, Mumbai, Maharashtra, India – 400051.