About WTC Noida Development Company Private Limited
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WTC Noida Development Company Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of S.S. R Holdings Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2007PTC162288. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5.23 Cr and a paid-up capital of ₹2.02 Cr. It was formerly known as Spire Buildtech Private Limited. It is led by directors Sherif Muin Khan and Bhavarpal Kasyap.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at GF – 09 Plaza M – 6 Jasola District Centre, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2023, the company reported a revenue of ₹163.36 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹3.54 Cr (net margin -2.2%) and EBITDA of -₹1.6 Cr (EBITDA margin -1%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 14% over five years.
The company has about 46 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
As per MCA filings, the company has open charges of ₹175 Cr on record. Court records list 138 cases involving the company, including 13 filed by the company and 125 filed against it; 50 cases are pending. The company has 4 deals on record (2 debt financings, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹28.6 Cr; the latest was in June 2022. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 2 smaller; the largest is Silver Stone Developers Private Limited with revenue of ₹271.6 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wtcnoida.org.
Company details
CIN history
WTC Noida Development Company has one previous CIN (Corporate Identification Number): U45300DL2007PTC162288. The current CIN is U70109DL2007PTC162288, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109DL2007PTC162288 | Current |
| U45300DL2007PTC162288 | Previous |
Contact details
WTC Noida Development Company Private Limited's registered office is in New Delhi, Delhi. Its website is wtcnoida.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGF – 09 Plaza M – 6 Jasola District Centre, New Delhi, Delhi, India – 110025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of WTC Noida Development Company 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 WTC Noida Development Company 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 WTC Noida Development Company Private Limited, buy the company report.
Financials of WTC Noida Development Company Private Limited
FY 2023 filings availableWTC Noida Development Company Private Limited reported revenue of ₹163.36 Cr (down 40% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 40% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹163.36 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.54 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1% | ||||
| Net Profit Margin | -2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of WTC Noida Development Company Private Limited, buy the company report.
Board of directors of WTC Noida Development Company Private Limited
WTC Noida Development Company has 2 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sherif Muin Khan Also directs: WTC Faridabad Infrastructure Development Private Limited | Director | 27 Jul 2018 | 8 Years 2 Months | Current |
| Bhavarpal Kasyap | Additional Director | 04 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
WTC Noida Development Company Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Silver Stone Developers Private Limited | ₹271.6 Cr (FY 2025) | 14662.0% | New Delhi, Delhi, India | |||
| Trishul Buildtech & Infrastructures Private Limited | ₹269.3 Cr (FY 2025) | 12.0% | Bengaluru, Karnataka, India | |||
| Milestone Buildcon Private Limited | ₹268.93 Cr (FY 2025) | 19.0% | Bangalore, Karnataka, India | |||
| WTC Noida Development Company Private Limitedthis company | ₹163.36 Cr (FY 2023) | -₹3.54 Cr | -2.2% | -40.0% | 46 | New Delhi, Delhi, India |
To see the full peer comparison of WTC Noida Development Company Private Limited, buy the company report.
Auditor
WTC Noida Development Company Private Limited is audited by P. K. Gaur & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. K. Gaur & Associates | FY 2022 | 005311N |
Shareholding
The shareholding of WTC Noida Development Company Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of WTC Noida Development Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2022 | 100556794 | Others | ₹75 Cr | Open | |
| 21 Mar 2022 | 100556797 | Others | ₹50 Cr | Open | |
| 30 Dec 2021 | 100550958 | Others | ₹10 Cr | Open | |
| 30 Dec 2021 | 100552805 | Others | ₹11 Cr | Open | |
| 20 Dec 2021 | 100547581 | Others | ₹15 Cr | Open |
To see the full charge records of WTC Noida Development Company Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
WTC Noida Development Company Private Limited has 4 deals on record (2 debt financings, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹28.6 Cr; the latest was in June 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Debt financing | ₹1.35 Cr | Investors: Parth Varma HUF, 2 individuals |
| Feb 2021 | Debt financing | ₹25.25 Cr | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹2 Cr | Investors: S.S. R Holdings Private Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: S.S. R Holdings Private Limited , S S R Holdings Private Limited & Suresh Gupta Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
WTC Noida Development Company Private Limited has 138 court cases on record: 13 filed by WTC Noida Development Company, 125 filed against it. 50 cases are pending and 88 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 78 | 74 | 39 |
| High courts | 57 | 49 | 11 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 138)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (CR EN) | Filed against the company by Ms Fenix Foundation Through Kalpesh Rasikbhai Soni | Pending |
| Allahabad High Court | Writ petition | Filed against the company by M/S Bhagwati Products Ltd | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by Divya Capital One Pvt Ltd | Disposed |
| Allahabad High Court | Writ petition | Filed against the company by M/S Bhagwati Products Ltd | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Four Its Pvt. Ltd. | Disposed |
To see the full case history of WTC Noida Development Company 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
No delayed payments to MSME suppliers are on our record for WTC Noida Development Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
WTC Noida Development Company has 7 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| August Residency Private Limited | U45200DL2008PTC176502 | |
| Spire Techpark Private Limited | U45200DL2008PTC184800 | |
| Magic Eye Developers Private Limited | U45400DL2007PTC162243 | |
| RKS Buildtech Private Limited | U70101DL2010PTC208409 | |
| SKR Cityscapes Private Limited | U70101DL2011PTC212973 | |
| WTC Faridabad Infrastructure Development Private Limited | U70109DL2010PTC208057 |
To see the full group structure of WTC Noida Development Company Private Limited, buy the company report.
Employees & EPFO
WTC Noida Development Company Private Limited has a workforce of 46 employees on its EPFO records as of Nov 14, 2024, across 1 active EPFO establishment.
GST
WTC Noida Development Company has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of WTC Noida Development Company Private Limited, buy the company report.
Recent activity
WTC Noida Development Company Private Limited has 40 board changes on record since 2007: 21 appointments and 19 cessations. The latest: Vikas Verma ceased to be Additional Director on 29 Jul 2025.
38 earlier events are in the company report.
Frequently asked questions
WTC Noida Development Company is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 April 2007 (19+ years old) and is registered under CIN U70109DL2007PTC162288.
WTC Noida Development Company has 2 current directors:
- Sherif Muin Khan - Director
- Bhavarpal Kasyap - Additional Director
The latest financial statements of WTC Noida Development Company on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from 2015 are in the company report.
No. WTC Noida Development Company has 6 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of WTC Noida Development Company is U70109DL2007PTC162288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
WTC Noida Development Company has 138 court cases on record: 13 filed by the company and 125 filed against it. 50 are pending. Most are in the district courts.
WTC Noida Development Company was incorporated on 19 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
WTC Noida Development Company has 4 deals on record (2 debt financings, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹28.6 Cr; the latest was in June 2022.
The peers of WTC Noida Development Company by revenue are Silver Stone Developers Private Limited, Trishul Buildtech & Infrastructures Private Limited, Milestone Buildcon Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Vikas Verma ceased to be Additional Director on 29 Jul 2025. Kamlesh Kumar ceased to be Additional Director on 15 May 2024. Vikas Verma was appointed as Additional Director on 16 Oct 2023. WTC Noida Development Company has 40 board changes on record in total.
WTC Noida Development Company can be reached through the website wtcnoida.org. Its registered office is in New Delhi, Delhi, India.