Approach Properties Private Limited
About Approach Properties Private Limited
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Approach Properties 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 20 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2004PTC144625. Its GSTIN is 27AAECA7665G1ZH (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.91 Cr. It is led by directors Shivangi Shreevallabh Damani and Sarojdevi Shreevallabh Damani.
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 53 Free Press House 5th Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.31 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.2 Cr (net margin 43.8%) and EBITDA of ₹4.51 Cr (EBITDA margin 61.8%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 2% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Approach Properties has one previous CIN (Corporate Identification Number): U70102MH2004PTC144625. The current CIN is U93000MH2004PTC144625, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000MH2004PTC144625 | Current |
| U70102MH2004PTC144625 | Previous |
Contact details
Approach Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address53 Free Press House 5th Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Approach Properties 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 Approach Properties is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Approach Properties Private Limited, buy the company report.
Financials of Approach Properties Private Limited
FY 2025 filings availableApproach Properties Private Limited reported revenue of ₹7.31 Cr (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 20% fall in the latest year. EBITDA fell 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.51 Cr | ||||
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| Net Profit (PAT) | ₹3.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 61.8% | ||||
| Net Profit Margin | 43.8% | ||||
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To see the full financial statements and ratios of Approach Properties Private Limited, buy the company report.
Board of directors of Approach Properties Private Limited
Approach Properties has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivangi Shreevallabh Damani | Director | 12 Feb 2015 | 11 Years 8 Months | Current |
| Sarojdevi Shreevallabh Damani | Director | 12 Jul 2005 | 21 Years 3 Months | Current |
Auditor
Approach Properties Private Limited is audited by Khandelwal Jain & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandelwal Jain & Co | FY 2022 | 105049W |
Shareholding
The shareholding of Approach Properties 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 Approach Properties Private Limited, buy the company report.
Legal cases
Approach Properties Private Limited has 3 court cases on record: 1 filed by Approach Properties, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Principal Commissioner of Income Tax 4 | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-4, | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Approach Properties 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 Approach Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Approach Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA7665G1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Approach Properties Private Limited, buy the company report.
Recent activity
Approach Properties Private Limited has 8 board changes on record since 2005: 2 appointments and 6 cessations. The latest: Sarva Shreevallabh Damani ceased to be Director on 03 Jan 2022.
Frequently asked questions
Approach Properties 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 20 February 2004 (22+ years old) and is registered under CIN U93000MH2004PTC144625.
Approach Properties has 2 current directors:
- Shivangi Shreevallabh Damani - Director
- Sarojdevi Shreevallabh Damani - Director
The latest financial statements of Approach Properties 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 Approach Properties is 27AAECA7665G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Approach Properties is U93000MH2004PTC144625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Approach Properties has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Approach Properties was incorporated on 20 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Sarva Shreevallabh Damani ceased to be Director on 03 Jan 2022. Shivangi Shreevallabh Damani ceased to be Additional Director on 30 Sep 2015. Sagarmal Jhanwar ceased to be Director on 12 Feb 2015. Approach Properties has 8 board changes on record in total.
The registered office of Approach Properties is at 53 Free Press House 5th Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
Approach Properties operates in the real estate and construction industry, in the real estate builders and developers segment.