Promoter holding
64.27%
ZD
Zodiac Developers Private Limited - Due diligence report
A 360° intelligence report on Zodiac Developers: trust score, financial health, credit view, compliance, directors, growth and distress sign…
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Zodiac Developers — 360° Intelligence Report
Generated from MCA filings & public records74/100
Trust Score
Moderate
Zodiac Developers is assessed as Moderate with a Trust Score of 74/100. Zodiac Developers is an active private limited indian non-government company incorporated in 1995, operating in the Real Estate and Construction sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.
Report generated on 26 Jul 2026 from the latest processed filings. Zodiac Developers Private 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 ScoreModerate
74/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
58/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
65/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 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: 55/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 3 open (5.51 cr) · 4 satisfied (34.95 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Idbi Trusteeship Services Limited | 1 | 48.0 cr |
| Others | 3 | 48.0 cr |
| The Cosmos Co-Op. Bank Ltd. | 2 | 48.0 cr |
| The Cosmos Co-Op Bank Ltd | 1 | 48.0 cr |
Compliance Score: 58/100 Moderate
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Litigation present in 4 court forum(s).
- 4 auditor resignation(s) filed - latest: CA BhaveshriBhanushali on 2022-09-29.
Legal cases on record (4)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SAHIL DEEPAK VISARIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RUSTOM ASPI DEBOO | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Himanshi Nilesh Shah | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VIPUL RAJNIKANT KHONA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAMESH VIRJI SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JIMIT RAMESH SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 6 directors on the board.
- No disqualified or deactivated DINs.
- 1 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2024 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
Zodiac Ventures Limited
Subsidiaries
-
Group entities
1
Capital events
4 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Zodiac Ventures Limited | Holding Company | 74.00% |
| Mumbai Mega Foodpark Private Limited | Associate Company | 74.00% |
Key managerial personnel: VIPUL RAJNIKANT KHONA (CFO) · RAMESH VIRJI SHAH (Managing Director) · JIMIT RAMESH SHAH (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 65 · Distress 75
Growth signals & trust indicators
Steady revenue growth: +1.42 over 4 year(s).
Net margin improved to 2.1x.
Operating for 31+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Compliance score is weak (58/100).
3 open charge(s) registered - assets are encumbered.
4 auditor resignation(s) on record - review the stated reasons.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence68/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment60/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 3 open charge(s) of 5.51 cr already registered.
- Compliance gaps should be priced into terms.
Investor view69/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events27 Sep 2024
Last AGM held
Annual general meeting
26 Sep 2024
Director ceased
Himanshi Nilesh Shah
01 Apr 2024
Director appointed
Himanshi Nilesh Shah (Director)
31 Mar 2024
Latest balance sheet
Filed with ROC
28 Dec 2020
Director ceased
SAHIL DEEPAK VISARIA
23 Oct 2020
Director appointed
SAHIL DEEPAK VISARIA (Director)
09 Jun 2020
Charge created
Others - 51.20 Lakh
13 Jan 2020
Director ceased
PUSHPA RAMESH SHAH
30 Dec 2019
Director appointed
RUSTOM ASPI DEBOO (Company Secretary)
20 Mar 2019
Charge created
Others - 2.00 cr
23 Mar 2018
Charge satisfied
Idbi Trusteeship Services Limited
29 Sep 2017
Director ceased
ANIL BHASKAR GHAGARE
16 Jun 2017
Charge created
Others - 3.00 cr
08 May 2017
Director ceased
RINA JITENDRA SHAH
01 Sep 2015
Securities allotted
3000.00 Debentures - 30.00 cr raised
10
Key Observations
Auto-generated from the data aboveRevenue grew 24% over the last 4 financial year(s).
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
6 active director(s) / partner(s); board looks stable and experienced.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Forever 9 Bar 9 Enterprises Private Limited | U18101DL2001PTC113287 | Delhi, Delhi, India |
| Shri Vakratundaya Properties Private Limited | U45201DL2004PTC131411 | New Delhi, Delhi, India |
| Astra Builders Private Limited | U70101DL1999PTC099591 | New Delhi, Delhi, India |
| Integrated Promoters Private Limited | U74899DL1989PTC038456 | Delhi, Delhi, India |
| Sharda Uptown Private Limited | U68100UP2023PTC191243 | Ghaziabad, Uttar Pradesh, India |
| Inter Collection Private Limited | U74899DL1979PTC009907 | New Delhi, Delhi, India |
| Chaitanyajyoti Finvest Private Limited | U67120MH1995PTC086367 | Mumbai, Maharashtra, India |
| Rotoman Pvt Ltd | U70100WB1978PTC031700 | Kolkata, West Bengal, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Zodiac Developers before audits and certifications: compliance score 58/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Zodiac Developers: 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 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 65/100, margin trends, ownership structure and peer set for Zodiac Developers - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 74/100, distress signals and MSME payment-delay disclosures - know whether Zodiac Developers pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Zodiac Developers - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Zodiac Developers an active company?
Zodiac Developers has MCA status “Active” with a compliance score of 58/100 (Moderate).
Is Zodiac Developers financially healthy?
Zodiac Developers has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.
Should I do business with Zodiac Developers?
Its overall Trust Score is 74/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Zodiac Developers?
The ultimate holding entity is Zodiac Ventures Limited. 6 active director(s) are on record.
Does Zodiac Developers have loans or charges against its assets?
3 open charge(s) are registered against its assets, and 4 earlier charge(s) stand satisfied.
Is Zodiac Developers up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 58/100 (Moderate).
Is it risky to lend to Zodiac Developers?
Its Credit Risk Score is 55/100 (Moderate). 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.
