About Zee Developers Private Limited
Data last updated:
Zee Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2006PTC159937. Its GSTIN is 27AACCV2030Q1Z4 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Vrajbhumi Developers Private Limited. It is led by directors including Ishan Rahul Shah and Akshay Kalpesh Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.63 Lakh, a decline of 98% compared to the previous year. For the same year it recorded EBITDA of ₹70,703 (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 49% over five years.
As per MCA filings, the company has open charges of ₹50 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sadgurubuilders.com.
Company details
Contact details
Zee Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is sadgurubuilders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address701/702 Balaji Business Ram Milan Premises Csl Subhash Road Cts No – 163 – 1To 4 Vile Par, Le (East), Mumbai, Maharashtra, India – 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Zee 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 Zee Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Zee Developers Private Limited, buy the company report.
Financials of Zee Developers Private Limited
FY 2025 filings availableZee Developers Private Limited reported revenue of ₹7.63 Lakh (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 49%. EBITDA rose 40% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹70,703 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| 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 Zee Developers Private Limited, buy the company report.
Board of directors of Zee Developers Private Limited
Zee Developers has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishan Rahul Shah Also directs: Model Associates LLP, Sadguru Avenues LLP, Sadguru Builders Private Limited and 1 more | Director | 09 Feb 2018 | 8 Years 9 Months | Current |
| Akshay Kalpesh Shah | Director | 09 Feb 2018 | 8 Years 9 Months | Current |
| Meena Jayant Shah | Director | 22 Feb 2006 | 20 Years 8 Months | Current |
| Jayant Chhotalal Shah | Director | 22 Feb 2006 | 20 Years 8 Months | Current |
| Kunhal Manoj Jain Also directs: MPR Builders and Developers LLP, Zee Buildtech LLP, RPMG Builder and Developers Private Limited and 5 more | Director | 18 Apr 2018 | 8 Years 6 Months | Current |
| Pragneshbhai Jayantibhai Patel Also directs: Zee Pragatee Developers LLP, MPR Builders and Developers LLP, Zee Buildtech LLP and 5 more | Director | 18 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Zee Developers Private Limited is audited by VJS & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VJS & CO. | FY 2023 | 123273W |
Shareholding
The shareholding of Zee Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zee Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2024 | 100878166 | Others | ₹50 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Zee Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Zee Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zee Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV2030Q1Z4 | Maharashtra | Active | 17 Jul 2018 |
To see the full GST registrations and return filing status of Zee Developers Private Limited, buy the company report.
Recent activity
Zee Developers Private Limited has 26 board changes on record since 2006: 17 appointments and 9 cessations. The latest: Kunhal Manoj Jain was appointed as Director on 18 Apr 2018.
18 earlier events are in the company report.
Frequently asked questions
Zee Developers is an active private 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 February 2006 (20+ years old) and is registered under CIN U45200MH2006PTC159937.
Zee Developers has 8 current directors:
- Ishan Rahul Shah - Director
- Akshay Kalpesh Shah - Director
- Meena Jayant Shah - Director
- Jayant Chhotalal Shah - Director
- Kunhal Manoj Jain - Director
- Pragneshbhai Jayantibhai Patel - Director
- Punjalal Ranchhod Patel - Director
- Rameshchandra Prathviraj Jain - Director
The latest financial statements of Zee Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Zee Developers is 27AACCV2030Q1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Zee Developers is U45200MH2006PTC159937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zee Developers was incorporated on 04 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Kunhal Manoj Jain was appointed as Director on 18 Apr 2018. Pragneshbhai Jayantibhai Patel was appointed as Director on 18 Apr 2018. Punjalal Ranchhod Patel was appointed as Director on 18 Apr 2018. Zee Developers has 26 board changes on record in total.
Zee Developers can be reached through the website sadgurubuilders.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Zee Developers is at 701702 Balaji Business Ram Milan Premises Csl Subhash Road Cts No – 163 – 1To 4 Vile Par, Le East, Mumbai, Maharashtra, India – 400057.
Zee Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
