Westminster Developments Private Limited
About Westminster Developments Private Limited
Data last updated:
Westminster Developments Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Thakral Investments Holdings (Mauritius) Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA1996PTC019777. Its GSTIN is 29AAACW1464H1Z8 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.65 Lakh. It is led by directors including Nirmala Sridhar and Gurmukh Singh Thakral.
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 Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹11,180, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹84.4 Lakh and EBITDA of -₹17.8 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 72% over five years.
As per MCA filings, the company has satisfied charges of ₹4.39 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address1st Floor Shree Rajarajeshwari Arcade Outer Ring Road Near Courtyard Marriot Hotel Veeran, Napalya, Bangalore, Karnataka, India – 560045
- 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
Financials of Westminster Developments Private Limited FY 2025 filings available
Westminster Developments Private Limited reported revenue of ₹11,180 (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Westminster Developments Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. 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 Westminster Developments Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹11,180 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹17.8 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹84.4 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 of Westminster Developments Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Westminster Developments 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.
Auditor Details of Westminster Developments Private Limited
Westminster Developments Private Limited is audited by RAMANAND & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMANAND & 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 Westminster Developments Private Limited
Westminster Developments has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmala Sridhar Also directs: Normandy Investments Private Limited, Normandy Developments Private Limited, Raaya Developments Private Limited and 5 more | Director | 31 Mar 2021 | 5 Years 6 Months | Current |
| Gurmukh Singh Thakral Also directs: Normandy Investments Private Limited, Normandy Developments Private Limited, Raaya Developments Private Limited and 5 more | Director | 23 Apr 2002 | 24 Years 5 Months | Current |
| Bikramjit Singh Thakral Also directs: Normandy Investments Private Limited, Normandy Developments Private Limited, Raaya Developments Private Limited and 5 more | Director | 15 Sep 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Westminster Developments Private 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 Westminster Developments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jul 2016 | Axis Bank Limited | ₹4.39 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Westminster Developments Private Limited
Employment history and EPFO contributions of people linked to Westminster Developments.
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 Westminster Developments Private Limited
Westminster Developments has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Recent Activity on Westminster Developments Private Limited
Westminster Developments Private Limited has 7 board changes on record since 2002: 3 appointments and 4 cessations. The latest: Kanwaljeet Singh Bawa ceased to be Director on 18 Jun 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Westminster Developments Private 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.
MSME Payment Delays by Westminster Developments Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Westminster Developments Private 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 Westminster Developments Private Limited
Westminster Developments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW1464H1Z8 | Karnataka | 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 Westminster Developments Private 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 Westminster Developments Private Limited
Westminster Developments is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 February 1996 (30+ years old) and is registered under CIN U70102KA1996PTC019777.
Westminster Developments reported revenue of ₹11,180 for FY 2022 (down 100% YoY).
Westminster Developments has 3 current directors:
- Nirmala Sridhar - Director
- Gurmukh Singh Thakral - Director
- Bikramjit Singh Thakral - Director
Westminster Developments reported a net loss of ₹84.4 Lakh and EBITDA of -₹17.8 Lakh for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Westminster Developments is -90% over three years and -72% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Westminster Developments is 29AAACW1464H1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Westminster Developments is U70102KA1996PTC019777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Westminster Developments was incorporated on 07 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Kanwaljeet Singh Bawa ceased to be Director on 18 Jun 2024. Bikramjit Singh Thakral ceased to be Additional Director on 30 Nov 2021. Nirmala Sridhar ceased to be Additional Director on 30 Nov 2021. Westminster Developments has 7 board changes on record in total.
The registered office of Westminster Developments is at 1st Floor Shree Rajarajeshwari Arcade Outer Ring Road Near Courtyard Marriot Hotel Veeran, Napalya, Bangalore, Karnataka, India – 560045.