Upal Developers Private Limited
About Upal Developers Private Limited
Data last updated: 23 December 2025
Upal Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of The Phoenix Mills Limited. It specialises in mall and retail management, a part of the broader business services sector. Incorporated on 16 January 2006, the company has been in operation for over 20 years.
Registered with ROC Mumbai under CIN U45201MH2006PTC292993.
Capital: an authorised share capital of ₹21 Cr and a paid-up capital of ₹19.6 Cr. It is led by directors including Shashie Kumar and Sanjeev Sarin.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.62 Cr, a growth of 4% compared to the previous year.
The company has a workforce of approximately 28 employees as per the latest available data. It operates as a subsidiary of The Phoenix Mills Limited.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹258.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered AddressC/O Market City Resources Pvt. Ltd Second Floor R.R. Hosiery Bldg Shree Laxmi Woollen Mi, Lls Estate, Mumbai, Maharashtra, India – 400011
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IndustryBusiness Services, Mall & Retail Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Upal Developers Private Limited
Upal Developers Private Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45201MH2006PTC292993, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201MH2006PTC292993 | Current |
| U45201UP2006PTC031224 | Previous |
| U45201DL2006PTC218315 | Previous |
| U45201UP2006PTC069979 | Previous |
Business Activity of Upal Developers Private Limited
Upal Developers Private Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for Upal Developers Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Upal Developers Private Limited
Upal Developers Private Limited is audited by CHATURVEDI & SHAH LLP for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHATURVEDI & SHAH LLP | Locked | Locked | Locked |
Complete auditor history for Upal Developers Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Upal Developers Private Limited
Upal Developers Private Limited is currently managed by 4 directors, with 28 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Shashie Kumar
Also directs:
Marketworks Resources Llp, Upal Developers Private Limited, Blackwood Developers Private Limited and 3 more
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Director | 10 Jul 2024 | 2 Years 1 Months | Current |
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Sanjeev Sarin
Also directs:
Upal Developers Private Limited, Blackwood Developers Private Limited, Destiny Retail Mall Developers Private Limited and 1 more
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Managing Director | 31 Mar 2020 | 6 Years 4 Months | Current |
| Amit Arora | Director | 31 Mar 2020 | 6 Years 4 Months | Current |
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Prashant Shriram Khandelwal
Also directs:
Upal Developers Private Limited, Blackwood Developers Private Limited, Destiny Retail Mall Developers Private Limited and 5 more
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Director | 09 Feb 2018 | 8 Years 6 Months | Current |
Financials of Upal Developers Private Limited FY 2025 filings available
Upal Developers Private Limited reported revenue of ₹55.62 Cr (up 4.00% YoY) for FY 2025.
Ten-year financial statements for Upal Developers Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Upal Developers Private Limited
Shareholding and ownership data for Upal Developers Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Upal Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Feb 2017 | Others | ₹10 Cr | Satisfied |
| 22 Dec 2016 | Others | ₹85 Cr | Satisfied |
| 11 Oct 2014 | Bank of Baroda | ₹5 Cr | Satisfied |
| 20 Aug 2013 | Bank of Baroda | ₹4 Cr | Satisfied |
| 08 May 2012 | Bank of Baroda | ₹5 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Upal Developers Private Limited
Upal Developers Private Limited has a workforce of 28 employees as of Apr 08, 2024.
Employee and EPFO history for Upal Developers Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Upal Developers Private Limited
GST registrations and filing compliance for Upal Developers Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Upal Developers Private Limited
Credit ratings, litigation, and regulatory alerts for Upal Developers Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Upal Developers Private Limited
MSME payment history for Upal Developers Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Upal Developers Private Limited
Corporate group structure for Upal Developers Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Upal Developers Private Limited
MCA filings and documents for Upal Developers Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Upal Developers Private Limited
Frequently Asked Questions about Upal Developers Private Limited
Upal Developers Private Limited is an active private limited company in the business services sector based in Mumbai, Maharashtra, India. It was incorporated on 16 January 2006 (20+ years old) and is registered under CIN U45201MH2006PTC292993. The company has 28 employees.
Upal Developers Private Limited reported revenue of ₹55.62 Cr for FY 2025 (up 4.00% YoY).
The current directors of Upal Developers Private Limited are:
- Shashie Kumar - Director
- Sanjeev Sarin - Managing Director
- Amit Arora - Director
- Prashant Shriram Khandelwal - Director
The primary industry of Upal Developers Private Limited is business services. The company specifically operates in mall and retail management. The company is currently active in this sector.
Upal Developers Private Limited can be reached at the registered office: CO Market City Resources Pvt. Ltd Second Floor R.R. Hosiery Bldg Shree Laxmi Woollen Mi, Lls Estate, Mumbai, Maharashtra, India – 400011.
The authorised capital is ₹21 Cr, and the paid-up capital is ₹19.6 Cr.