Promoter holding
64.27%
ZD
Zagros Developers Limited - Due diligence report
A 360° intelligence report on Zagros Developers Limited: trust score, financial health, credit view, compliance, directors, growth and distr…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹349
50% off
New user
Or enjoy up to 50% off with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Zagros Developers Limited — 360° Intelligence Report
Generated from MCA filings & public records76/100
Trust Score
Low Risk
Zagros Developers Limited is assessed as Low Risk with a Trust Score of 76/100. Zagros Developers Limited is an active public limited indian non-government company incorporated in 2019, operating in the Real Estate and Construction sector. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.
Report generated on 03 Jul 2026 from the latest processed filings. Zagros Developers Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
76/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
45/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
30/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
75/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 4 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 30/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
- Open charges exceed net worth - secured lenders rank ahead.
Charges position: 4 open (190.00 cr) · 1 satisfied (32.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| The Hongkong And Shanghai Banking Corporation Limited | 2 | 48.0 cr |
| Others | 2 | 48.0 cr |
| Yes Bank Limited | 1 | 48.0 cr |
Compliance Score: 100/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- 1 active GST registration(s).
05
Director Intelligence
Stability score: 75/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| VIJAY BRIJENDRA CHOPRA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Avinash Gupta | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NEERAJ AGGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ARVIND KOHLI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AMIT BHATIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MADHVI GOYAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Cherryn Dogra | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAVI KUMAR KAUSHAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Nem Chandra Jain | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 9 directors on the board.
- No disqualified or deactivated DINs.
- 4 director exits in 3 years - high churn.
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Bharti Realty Limited.
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 1 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Bharti Realty Limited. | Holding Company | 74.00% |
Key managerial personnel: Avinash Gupta (CFO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 50 · Distress 75
Growth signals & trust indicators
Operating for 7 years.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
4 open charge(s) registered - assets are encumbered.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence85/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment52/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 4 open charge(s) of 190.00 cr already registered.
- Compliance record supports lending.
Investor view55/100
Mixed indicators
Growth quality and scalability through an investor lens.
- No clear growth signals in the filed years.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events29 Sep 2025
Last AGM held
Annual general meeting
28 Sep 2025
Director ceased
NEERAJ AGGARWAL
17 Jul 2025
Charge created
Others - 50.00 cr
02 Jul 2025
Director appointed
Nem Chandra Jain (Cfo)
31 Mar 2025
Latest balance sheet
Filed with ROC
28 Feb 2025
Charge created
Others - 40.00 cr
27 Feb 2025
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 60.00 cr
25 Feb 2025
Charge satisfied
Yes Bank Limited
31 Jan 2025
Director appointed
NEERAJ AGGARWAL (Director)
23 Sep 2024
Director ceased
Cherryn Dogra
22 Jul 2024
Director appointed
Cherryn Dogra (Director)
26 Apr 2024
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 40.00 cr
23 Dec 2023
Charge created
Yes Bank Limited - 32.00 cr
17 Sep 2023
Director ceased
ARVIND KOHLI
Director ceased
MADHVI GOYAL
10
Key Observations
Auto-generated from the data aboveDebt-to-equity stands at 38% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
9 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a majority stake as per the FY 2023 annual return.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Hindtej Land Developers Private Limited | U70102MH1994PTC083721 | Mumbai, Maharashtra, India |
| Siddhi Tower Private Limited | U45400GJ2013PTC076320 | Gandhidham, Gujarat, India |
| Compass Investments Pvt Ltd | U65993MH1982PTC028300 | Solapur, Maharashtra, India |
| Pacifica | U45201GJ2006PTC048407 | Ahmadabad City, Gujarat, India |
| Makala Infrastructure Limited | U70109MH2006PLC312526 | Mumbai, Maharashtra, India |
| Mastercrest Enterprises Private Limited | U45201CH2021PTC043750 | Chandigarh, Chandigarh, India |
| Cochin Smart City Properties Private Limited | U70102KL2006PTC019054 | Thrissur, Kerala, India |
| Dhanika Villas Private Limited | U74899PB1993PTC055353 | Jalandhar, Punjab, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Zagros Developers Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Zagros Developers Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 30/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Zagros Developers Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 76/100, distress signals and MSME payment-delay disclosures - know whether Zagros Developers Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Zagros Developers Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Zagros Developers Limited an active company?
Zagros Developers Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).
Is Zagros Developers Limited financially healthy?
Zagros Developers Limited has a Financial Health Score of 45/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Zagros Developers Limited?
Its overall Trust Score is 76/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Zagros Developers Limited?
The ultimate holding entity is Bharti Realty Limited.. 9 active director(s) are on record.
Does Zagros Developers Limited have loans or charges against its assets?
4 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.
Is Zagros Developers Limited up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).
Is it risky to lend to Zagros Developers Limited?
Its Credit Risk Score is 30/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
