About Aastitva Builders and Developers Private Limited
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Aastitva Builders and 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 13 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PTC083699.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Urvi Mitesh Kothari and Mitesh Kothari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/62 Vibgyor Tower 5th Floor Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.31 Cr (net margin -6.9%) and EBITDA of -₹1.57 Cr (EBITDA margin -3.3%). Revenue has grown at a compounded annual rate (CAGR) of 515% over five years.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website imkdevelopers.in.
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- Registered AddressC/62 Vibgyor Tower 5th Floor Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400098
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
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Financials of Aastitva Builders and Developers Private Limited FY 2024 filings available
Aastitva Builders and Developers Private Limited reported revenue of ₹47.85 Cr (up 1108% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aastitva Builders and Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 515% over five years. 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 of Aastitva Builders and Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.31 Cr | •••• | •••• | •••• | •••• |
| 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 of Aastitva Builders and Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aastitva Builders and Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aastitva Builders and Developers Private Limited
Aastitva Builders and Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pradeep Colonisers and Suppliers Private Limited | ₹47.96 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Tharwani Constructions Private Limited | ₹47.92 Cr (FY 2024) | •••• | •••• | 777.0% | •••• | Ambarnath, Maharashtra, India |
| Viana Homes Private Limited | ₹47.88 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Hyderabad, Telangana, India |
| Nihal Buildwell Private Limited | ₹47.87 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| BP Constructions and Engineers Private Limited | ₹47.87 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Paradeep, Odisha, India |
| Aastitva Builders and Developers Private Limited this company | ₹47.85 Cr (FY 2024) | •••• | •••• | 1108.0% | •••• | Mumbai, Maharashtra, India |
| PMK Holdings Private Limited | ₹47.83 Cr (FY 2025) | •••• | •••• | 137.0% | •••• | Hyderabad, Telangana, India |
| Kumar Builders Project Pune Private Limited | ₹47.81 Cr (FY 2023) | •••• | •••• | 1308.0% | •••• | Pune, Maharashtra, India |
| B S Y Infrastructure Private Limited. | ₹47.76 Cr (FY 2023) | •••• | •••• | 557.0% | •••• | Gurgaon, Haryana, India |
| G and G Buildtech Private Limited | ₹47.76 Cr (FY 2025) | •••• | •••• | 640975.0% | •••• | Faridabad, Haryana, India |
| Mellora Infrastructure Private Limited | ₹47.67 Cr (FY 2024) | •••• | •••• | 229.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Aastitva Builders and Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aastitva Builders and Developers Private Limited
Aastitva Builders and Developers Private Limited is audited by J.N. SHARMA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J.N. SHARMA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aastitva Builders and Developers Private Limited
Aastitva Builders and Developers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urvi Mitesh Kothari Also directs: BKC Properties Private Limited, Sukhdham Constructions and Developers Limited, Raj Power Parts and Engg Co Pvt Ltd and 5 more | Director | 25 May 2015 | 11 Years 4 Months | Current |
| Mitesh Kothari | Director | 16 Feb 2021 | 5 Years 7 Months | Current |
Ownership and Shareholding of Aastitva Builders and Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aastitva Builders and Developers Private Limited
Aastitva Builders and Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aastitva Builders and Developers Private Limited
Employment history and EPFO contributions of people linked to Aastitva Builders and Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Aastitva Builders and Developers Private Limited
Aastitva Builders and Developers has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Greensea Technologies Private Limited | U45309MH2017PTC294887 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Aastitva Builders and Developers Private Limited
Aastitva Builders and Developers Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Deepak Kothari ceased to be Director on 16 Feb 2021.
Credit Ratings, Litigation & Regulatory Alerts for Aastitva Builders and Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aastitva Builders and Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aastitva Builders and Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aastitva Builders and Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aastitva Builders and Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aastitva Builders and Developers Private Limited
Aastitva Builders and 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 13 December 1994 (32+ years old) and is registered under CIN U45200MH1994PTC083699.
Aastitva Builders and Developers reported revenue of ₹47.85 Cr for FY 2024 (up 1108% YoY).
Aastitva Builders and Developers has 2 current directors:
- Urvi Mitesh Kothari - Director
- Mitesh Kothari - Director
Aastitva Builders and Developers reported a net loss of ₹3.31 Cr (net margin -6.9%) and EBITDA of -₹1.57 Cr (EBITDA margin -3.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aastitva Builders and Developers is 515% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Aastitva Builders and Developers is U45200MH1994PTC083699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aastitva Builders and Developers was incorporated on 13 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aastitva Builders and Developers by revenue are Pradeep Colonisers and Suppliers Private Limited, Tharwani Constructions Private Limited, Viana Homes Private Limited, Nihal Buildwell Private Limited, BP Constructions and Engineers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Deepak Kothari ceased to be Director on 16 Feb 2021. Mitesh Kothari was appointed as Director on 16 Feb 2021. Tushar Mirani ceased to be Director on 11 Jan 2016. Aastitva Builders and Developers has 7 board changes on record in total.
Aastitva Builders and Developers can be reached through the website imkdevelopers.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aastitva Builders and Developers is at C62 Vibgyor Tower 5th Floor Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400098.