- Category
- Medium (2022-23)
- Udyam number
- UDYAM-RJ-17-0000318

About Mahima Real Estate Private Limited
Data last updated:
Mahima Real Estate Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U70101RJ1996PTC011675. Its GSTIN is 08AACCM4491N1ZY (Rajasthan).
The company has an authorised share capital of ₹10.77 Cr and a paid-up capital of ₹8.68 Cr. It is led by directors Dhirendra Madan (Managing Director) and Kusum Madan (Whole-Time Director).
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 4th Floor Crystal Palm 22 Godam Circle Sardar Patel Marg, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2025, the company reported a revenue of ₹231.74 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹26.47 Cr (net margin 11.4%) and EBITDA of ₹63.78 Cr (EBITDA margin 27.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.
The company has about 108 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
As per MCA filings, the company has open charges of ₹348.2 Cr and satisfied charges of ₹1,056.26 Cr on record. Court records list 125 cases involving the company, including 78 filed by the company and 47 filed against it; 12 cases are pending. The company has 11 deals on record (6 secondary share transfers, 3 funding rounds, 2 debt financings), with disclosed funding of ₹75.84 Cr; the latest was in April 2023. 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 Tdi Infratech Limited with revenue of ₹232.52 Cr.
Mahima Real Estate Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0000318). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahimagroup.org.
Company details
Recognitions & Rankings of Mahima Real Estate
Contact details
Mahima Real Estate Private Limited's registered office is in Jaipur, Rajasthan. Its website is mahimagroup.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Crystal Palm 22 Godam Circle Sardar Patel Marg, Jaipur, Rajasthan, India – 302001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mahima Real Estate 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 Mahima Real Estate 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 Mahima Real Estate Private Limited, buy the company report.
Financials of Mahima Real Estate Private Limited
FY 2025 filings availableMahima Real Estate Private Limited reported revenue of ₹231.74 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 8% growth in the latest year. EBITDA rose 68% 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 |
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| EBITDA | ₹63.78 Cr | ||||
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| Net Profit (PAT) | ₹26.47 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 27.5% | ||||
| Net Profit Margin | 11.4% | ||||
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To see the full financial statements and ratios of Mahima Real Estate Private Limited, buy the company report.
Board of directors of Mahima Real Estate Private Limited
Mahima Real Estate has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Madan Also directs: Mahima Buildhome LLP, Monitor Real Estates Private Limited, Mahima Resorts Developers Private Limited and 4 more | Whole-Time Director | 06 Mar 1996 | 30 Years 7 Months | Current |
| Dhirendra Madan Also directs: Sunny Buildhomes LLP, Mahima Buildhome LLP, Crystal Mall Developers and Maintainers Private Limited and 5 more | Managing Director | 06 Mar 1996 | 30 Years 7 Months | Current |
Peer comparison
Mahima Real Estate 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 |
|---|---|---|---|---|---|---|
| Tdi Infratech Limited | ₹232.52 Cr (FY 2023) | 1.0% | Delhi, India | |||
| Mahima Real Estate Private Limitedthis company | ₹231.74 Cr (FY 2025) | ₹26.47 Cr | 11.4% | 8.0% | 108 | Jaipur, Rajasthan, India |
| Avinash Developers Private Limited | ₹231.21 Cr (FY 2025) | 51.0% | Raipur, Chhattisgarh, India | |||
| Melronia Hospitality Private Limited | ₹230.84 Cr (FY 2025) | -15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mahima Real Estate Private Limited, buy the company report.
Auditor
Mahima Real Estate Private Limited is audited by OM Agrawal & Company for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| OM Agrawal & Company | FY 2024 | 000971C |
Shareholding
The shareholding of Mahima Real Estate Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahima Real Estate Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2025 | 101193578 | Others | ₹13 Cr | Open | |
| 06 Oct 2025 | 101163508 | Others | ₹90 Cr | Open | |
| 03 Oct 2025 | 101187032 | Hdfc Bank Limited | ₹73 Lakh | Open | |
| 28 Jul 2025 | 101134203 | Others | ₹4.95 Cr | Open | |
| 28 May 2025 | 101099575 | Others | ₹6 Cr | Open |
To see the full charge records of Mahima Real Estate Private Limited, buy the company report.
Total charge records: 136 View all charges
Deals & funding
Mahima Real Estate Private Limited has 11 deals on record (6 secondary share transfers, 3 funding rounds, 2 debt financings), with disclosed funding of ₹75.84 Cr; the latest was in April 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Debt financing | ₹10 Cr | Investors: Sbi Ven Capital |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Monitor Real Estate Private Limited Seller: Glorious Buildhome Private Limited , Kamdhenu Suppliers Private Limited , Dornier Credit Capital Ltd |
| Mar 2012 | Funding round | ₹17 Cr | Investors: Aristo Projects Private Limited, Green Buildestate Private Limited , Pinkcity Heritage Resorts Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Glorious Buildhome Private Limited , Dhirendra Madan HUF Seller: 4 individuals |
| Jan 2010 | Funding round | ₹3.34 Cr | Investors: Aristo Projects Private Limited, Everyday Commercial Private Limited , Dornier Credit Capital Ltd |
To see the full deal history of Mahima Real Estate Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahima Real Estate Private Limited has 125 court cases on record: 78 filed by Mahima Real Estate, 47 filed against it. 12 cases are pending and 113 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 63 | 29 | 7 |
| High courts | 61 | 18 | 5 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 125)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Interim or miscellaneous application | Filed by the company against Gas Authority of India Ltd | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S Currie and Brown (India) Pvt. Ltd. | Disposed |
| District court, Jaipur Metro I, Rajasthan | Civil miscellaneous application | Filed against the company by Atc Telecom Infrastructure Pvt. Ltd. | Disposed |
| District court, Jaipur Metro I, Rajasthan | Civil miscellaneous application | Filed against the company by Atc Telecom Infra Pvt Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against Shri Krsna Urja Projects Pvt. Ltd. and 2 others | Disposed |
To see the full case history of Mahima Real Estate 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 Mahima Real Estate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mahima Real Estate has 7 subsidiary companies and 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Eros Vatika Jaipur Private Limited | U45201RJ2004PTC019630 | |
| Harekrishna Buildhome Developers Private Limited | U45201RJ2008PTC025756 | |
| Shiv Kripa Build Estate Private Limited | U45201RJ2013PTC041426 | |
| Pinkcity Heritage Resorts Private Limited | U55101RJ2006PTC023425 | |
| Mahima Resorts Developers Private Limited | U55101RJ2023PTC088172 | |
| Mahima Logistics Private Limited | U68100RJ2022PTC080713 |
To see the full group structure of Mahima Real Estate Private Limited, buy the company report.
Employees & EPFO
Mahima Real Estate Private Limited has a workforce of 108 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Mahima Real Estate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCM4491N1ZY | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahima Real Estate Private Limited, buy the company report.
Recent activity
Mahima Real Estate Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Nidhi Gupta ceased to be Company Secretary on 02 May 2011.
269 earlier events are in the company report.
Frequently asked questions
Mahima Real Estate is an active private limited company based in Jaipur, Rajasthan, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 March 1996 (30+ years old) and is registered under CIN U70101RJ1996PTC011675.
Mahima Real Estate has 2 current directors:
- Dhirendra Madan - Managing Director
- Kusum Madan - Whole-Time Director
The latest financial statements of Mahima Real Estate 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 Mahima Real Estate is 08AACCM4491N1ZY, registered in Rajasthan.
The CIN (Corporate Identification Number) of Mahima Real Estate is U70101RJ1996PTC011675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahima Real Estate has 125 court cases on record: 78 filed by the company and 47 filed against it. 12 are pending. Most are in the district courts.
Mahima Real Estate was incorporated on 06 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Jaipur.
Mahima Real Estate has 11 deals on record (6 secondary share transfers, 3 funding rounds, 2 debt financings), with disclosed funding of ₹75.84 Cr; the latest was in April 2023.
The peers of Mahima Real Estate by revenue are Tdi Infratech Limited, Avinash Developers Private Limited, Melronia Hospitality 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).
Nidhi Gupta ceased to be Company Secretary on 02 May 2011. Dhirendra Madan ceased to be Director on 30 Sep 2008. Kusum Madan ceased to be Director on 30 Sep 2008. Mahima Real Estate has 5 board changes on record in total.
Yes, Mahima Real Estate is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-17-0000318).

