Westpark Developers Private Limited
About Westpark Developers Private Limited
Data last updated:
Westpark Developers Private Limited is a private limited company based in Gurugram, Haryana, India, a subsidiary of Dlf Home Developers Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45200HR2006PTC100894. Its GSTIN is 06AAECP3345A3ZV (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Lakh. It was formerly known as Pegeen Builders & Developers Private Limited. It is led by directors including Vishal Damani (Managing Director) and Hemant Ravindra Avhad.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1st Floor DLF Gateway Tower R Block DLF City Phase – III, Gurugram, Haryana, India – 122002.
As per the financials filed for FY 2026, the company reported a revenue of ₹6.55 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹29.28 Cr (net margin -446.8%) and EBITDA of -₹36.16 Cr. Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 231% over five years.
As per MCA filings, the company has open charges of ₹1,250 Cr and satisfied charges of ₹8.56 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Westpark Developers has one previous CIN (Corporate Identification Number): U45200DL2006PTC156233. The current CIN is U45200HR2006PTC100894, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200HR2006PTC100894 | Current |
| U45200DL2006PTC156233 | Previous |
Contact details
Westpark Developers Private Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor DLF Gateway Tower R Block DLF City Phase – III, Gurugram, Haryana, India – 122002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Westpark 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 Westpark Developers is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
Financials of Westpark Developers Private Limited
FY 2026 filings availableWestpark Developers Private Limited reported revenue of ₹6.55 Cr (down 75% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 231%. EBITDA fell 312% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.55 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹36.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.28 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | -446.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Westpark Developers Private Limited, buy the company report.
Board of directors of Westpark Developers Private Limited
Westpark Developers 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 |
|---|---|---|---|---|
| Hemant Ravindra Avhad | Director | 18 Oct 2024 | 2 Years 0 Months | Current |
| Rahul Rameshkumar Jain Also directs: Sahyog Real Estate Ventures LLP, Malachite Home Developers LLP, Malachite Erectors LLP and 5 more | Director | 12 May 2025 | 1 Years 5 Months | Current |
| Parvinder Singh Also directs: Sifat Realty Estate LLP, Yildun Infra Projects Private Limited, Rehat Structures Realty Private Limited and 2 more | Director | 28 Aug 2023 | 3 Years 2 Months | Current |
| Ashok Kumar Tyagi Also directs: DLF Limited, DLF Cyber City Developers Limited, Atrium Place Developers Private Limited and 1 more | Director | 10 Aug 2023 | 3 Years 3 Months | Current |
| Vishal Damani | Managing Director | 10 Aug 2023 | 3 Years 3 Months | Current |
Auditor
Westpark Developers Private Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2026 | 301003E/E300005 |
Shareholding
The shareholding of Westpark Developers Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Westpark Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2024 | 100900413 | Idbi Trusteeship Services Limited | ₹750 Cr | Open | |
| 21 Mar 2024 | 100918649 | Idbi Trusteeship Services Limited | ₹500 Cr | Open | |
| 11 Jun 2019 | 100267920 | Others | ₹8.56 Cr | Satisfied |
To see the full charge records of Westpark Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Westpark Developers Private Limited has 4 court cases on record: 2 filed by Westpark Developers, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Court case (LAC) | Filed by the company against State of Haryana Through Collector | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Beejay Realtors Pvt Ltd | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Beejay Realtors Pvt Ltd | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against The Income Tax Officer & Anr. | Disposed |
To see the full case history of Westpark Developers Private 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
Westpark Developers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 6 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gleeds Consulting (India) Private Limited | |||
| Shridhar Fabrication Company | |||
| an individual supplier | |||
| Expocity Travels Private Limited |
To see the full MSME payment records of Westpark Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Westpark Developers Private Limited has 1 active EPFO establishment as of Mar 22, 2024.
GST
Westpark Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECP3345A3ZV | Haryana | Active | 16 May 2025 |
To see the full GST registrations and return filing status of Westpark Developers Private Limited, buy the company report.
Recent activity
Westpark Developers Private Limited has 25 board changes on record since 2006: 15 appointments and 10 cessations. The latest: Rahul Rameshkumar Jain was appointed as Director on 12 May 2025.
20 earlier events are in the company report.
Frequently asked questions
Westpark Developers is an active private limited company based in Gurugram, Haryana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 December 2006 (20+ years old) and is registered under CIN U45200HR2006PTC100894.
Westpark Developers has 5 current directors:
- Vishal Damani - Managing Director
- Hemant Ravindra Avhad - Director
- Rahul Rameshkumar Jain - Director
- Parvinder Singh - Director
- Ashok Kumar Tyagi - Director
The latest financial statements of Westpark Developers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Westpark Developers is 06AAECP3345A3ZV, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Westpark Developers is U45200HR2006PTC100894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Westpark Developers has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Westpark Developers was incorporated on 05 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Rahul Rameshkumar Jain was appointed as Director on 12 May 2025. Varsha Choudhary ceased to be Director on 12 May 2025. Hemant Ravindra Avhad was appointed as Director on 18 Oct 2024. Westpark Developers has 25 board changes on record in total.
Westpark Developers has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 6 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Westpark Developers is at 1st Floor DLF Gateway Tower R Block DLF City Phase – III, Gurugram, Haryana, India – 122002.
Westpark Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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