MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0342900
Athics Real Estate Private Limited
Athics Real Estate Private Limited - real estate and construction in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.16 Lakh
▲ 259% YoY
Net loss · FY 2024
₹9.28 Lakh
Net margin -65.6%
EBITDA · FY 2024
₹12.55 Lakh
EBITDA margin 88.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Athics Real Estate Private Limited
Data last updated:
Athics Real Estate Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of A M Infoweb Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70100PN2019PTC184180.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajam Habib Shaikh and Aspak Harunbhai Pirvani.
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 Sr. No. 13 3rd Floor B – 3 Cerebrum IT Park Wadgaon Sheri, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.16 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.28 Lakh (net margin -65.6%) and EBITDA of ₹12.55 Lakh (EBITDA margin 88.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
Its group structure includes 5 subsidiaries.
Athics Real Estate Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0342900).
Company details
CIN U70100PN2019PTC184180
Registration Number 184180
Incorporation Date 17 May 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Parent Company A M Infoweb Private Limited
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0342900
Key People
Ajam Habib Shaikh Director Aspak Harunbhai Pirvani Director Alireza Zahidhussein Merchant Director Recognitions & Rankings of Athics Real Estate
Contact details
Athics Real Estate Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSr. No. 13 3rd Floor B – 3 Cerebrum IT Park Wadgaon Sheri, Pune, Maharashtra, India – 411014
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Athics Real Estate Private Limited, buy the company report.
Comprehensive company report
Athics Real Estate Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Athics Real Estate 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 Athics Real Estate Private Limited, buy the company report.
Financials of Athics Real Estate Private Limited
FY 2025 filings availableAthics Real Estate Private Limited reported revenue of ₹14.16 Lakh (up 259% YoY) for FY 2024.
Revenue · FY 2024
₹14.16 Lakh ▲ 259%
Net loss · FY 2024
₹9.28 Lakh margin -65.6%
EBITDA · FY 2024
₹12.55 Lakh margin 88.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 259%
3 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 316%
3 years · compounded
▲ 87%
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 259% growth in the latest year. EBITDA rose 316% 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 |
|---|---|---|---|---|---|
| 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 | ₹12.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.28 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.7% | ||||
| Net Profit Margin | -65.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Athics Real Estate Private Limited, buy the company report.
Board of directors of Athics Real Estate Private Limited
Athics Real Estate has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajam Habib Shaikh | Director | 26 Sep 2022 | 4 Years 1 Months | Current |
| Aspak Harunbhai Pirvani Also directs: Callbotics Private Limited, Prota Realty Private Limited, Estatu Realty Private Limited and 5 more | Director | 17 May 2019 | 7 Years 5 Months | Current |
| Alireza Zahidhussein Merchant | Director | 17 May 2019 | 7 Years 5 Months | Current |
Auditor
Athics Real Estate Private Limited is audited by A V H K AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V H K AND ASSOCIATES | FY 2023 | 137759W |
Shareholding
The shareholding of Athics Real Estate Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Athics Real Estate Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Athics Real Estate Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Athics Real Estate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Athics Real Estate has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
5
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Estatu Realty Private Limited | U70100PN2019PTC185049 | |
| Estic Realty Private Limited | U72100PN2019PTC184947 | |
| Rellar Realty Private Limited | U72100PN2019PTC184980 | |
| Estmatic Realty Private Limited | U72100PN2019PTC184987 | |
| Prota Realty Private Limited | U80100PN2019PTC184926 |
To see the full group structure of Athics Real Estate Private Limited, buy the company report.
GST
No GST registration is on our record for Athics Real Estate Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Athics Real Estate Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Ajam Habib Shaikh ceased to be Additional Director on 29 Sep 2022.
AGM
Athics Real Estate Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Athics Real Estate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Ajam Habib Shaikh ceased to be Additional Director.
Appointed
Ajam Habib Shaikh was appointed as Director.
Appointed
Alireza Zahidhussein Merchant was appointed as Director.
Appointed
Aspak Harunbhai Pirvani was appointed as Director.
Incorporation
17 May 2019
Athics Real Estate Private Limited was registered on 17 May 2019 with Roc Pune & aged 7 years 5 months as per MCA records.
Frequently asked questions
Athics Real Estate is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 May 2019 (7+ years old) and is registered under CIN U70100PN2019PTC184180.
Athics Real Estate has 3 current directors:
- Ajam Habib Shaikh - Director
- Aspak Harunbhai Pirvani - Director
- Alireza Zahidhussein Merchant - Director
The latest financial statements of Athics 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 FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Athics Real Estate is U70100PN2019PTC184180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Athics Real Estate was incorporated on 17 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Ajam Habib Shaikh ceased to be Additional Director on 29 Sep 2022. Ajam Habib Shaikh was appointed as Director on 26 Sep 2022. Alireza Zahidhussein Merchant was appointed as Director on 17 May 2019. Athics Real Estate has 4 board changes on record in total.
Yes, Athics Real Estate is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0342900).
The registered office of Athics Real Estate is at Sr. No. 13 3rd Floor B – 3 Cerebrum IT Park Wadgaon Sheri, Pune, Maharashtra, India – 411014.
Athics Real Estate operates in the real estate and construction industry, in the real estate builders and developers segment.
Athics Real Estate has 5 subsidiary companies including Estatu Realty Private Limited, Estic Realty Private Limited, Rellar Realty Private Limited, Estmatic Realty Private Limited, Prota Realty Private Limited.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages