About Clover Realty and Infrastructure Private Limited
Data last updated:
Clover Realty and Infrastructure Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Clover Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 November 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC165708. Its GSTIN is 27AACCC9826B1ZS (Maharashtra).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Farokh Kekhushroo Banatwalla and Zahid Azim Tapia.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at 85 A – Wing Mittal Towers Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.44 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹11.49 Lakh (net margin 4.7%) and EBITDA of ₹15.94 Lakh (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 25% over five years.
The company had about 21 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 4 cases involving the company, including 4 filed against it.
The last known website on record is cloverrealty.in.
Company details
Contact details
Clover Realty and Infrastructure Private Limited's registered office is in Mumbai, Maharashtra. Its website is cloverrealty.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address85 A – Wing Mittal Towers Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Clover Realty and Infrastructure 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 activities of Clover Realty and Infrastructure are electricity, gas, steam and air condition supply and real estate. In detail, this covers electric power generation, transmission and distribution and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Clover Realty and Infrastructure Private Limited, buy the company report.
Financials of Clover Realty and Infrastructure Private Limited
FY 2025 filings availableClover Realty and Infrastructure Private Limited reported revenue of ₹2.44 Cr (up 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 86% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 119% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹15.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.49 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 4.7% | ||||
| 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 Clover Realty and Infrastructure Private Limited, buy the company report.
Board of directors of Clover Realty and Infrastructure Private Limited
Clover Realty and Infrastructure has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Farokh Kekhushroo Banatwalla | Director | 12 Jul 2011 | 15 Years 3 Months | As last reported |
| Zahid Azim Tapia Also directs: Concurrent Ventures LLP, Clover Holdings and Trading Private Limited, Clover Estates Private Limited and 5 more | Director | 01 Aug 2025 | 1 Years 2 Months | As last reported |
| Kayed Zoher Kassamali Tambawala Also directs: Deluxe Developers LLP, Amalfi Ventures LLP, Corniche Realty Private Limited and 5 more | Director | 12 Apr 2021 | 5 Years 6 Months | As last reported |
| Javed Faizullah Tapia | Director | 22 Nov 2006 | 19 Years 11 Months | As last reported |
Auditor
Clover Realty and Infrastructure Private Limited is audited by Mr. Adnan Harnesswala for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mr. Adnan Harnesswala | FY 2023 | 174531 |
Shareholding
The shareholding of Clover Realty and Infrastructure 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 Clover Realty and Infrastructure Private Limited, buy the company report.
Legal cases
Clover Realty and Infrastructure Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S. Precise Conchem Pvt. Ltd. | Disposed |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company by Ammu Nammu Trust Through Sulaiman Sadruddin Meghijani | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ammu Nammu Trust Throguh Sulaiman Sadruddin Meghjani and 1 other | Disposed |
To see the full case history of Clover Realty and Infrastructure 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
Clover Realty and Infrastructure Private Limited has 2 MSME Form 1 returns on record between 2017 and 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Pride Electricals and Engineers Private Limited |
To see the full MSME payment records of Clover Realty and Infrastructure Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Clover Realty and Infrastructure Private Limited has a workforce of 21 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Clover Realty and Infrastructure has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC9826B1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clover Realty and Infrastructure Private Limited, buy the company report.
Recent activity
Clover Realty and Infrastructure Private Limited has 9 board changes on record since 2006: 4 appointments and 5 cessations. The latest: Zahid Azim Tapia ceased to be Additional Director on 25 Sep 2025.
Frequently asked questions
Clover Realty and Infrastructure has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Clover Realty and Infrastructure was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 November 2006 and is registered under CIN U45201MH2006PTC165708. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Clover Realty and Infrastructure was incorporated on 22 November 2006. It is registered with the Registrar of Companies, Mumbai.
Clover Realty and Infrastructure had 4 directors:
- Farokh Kekhushroo Banatwalla - Director
- Zahid Azim Tapia - Director
- Kayed Zoher Kassamali Tambawala - Director
- Javed Faizullah Tapia - Director
The CIN (Corporate Identification Number) of Clover Realty and Infrastructure is U45201MH2006PTC165708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Clover Realty and Infrastructure is at 85 A – Wing Mittal Towers Nariman Point, Mumbai, Maharashtra, India – 400021.
Clover Realty and Infrastructure can be reached through the website cloverrealty.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Clover Realty and Infrastructure on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Clover Realty and Infrastructure is 27AACCC9826B1ZS, registered in Maharashtra.
Clover Realty and Infrastructure operated in the real estate and construction industry, in the real estate builders and developers segment.
Clover Realty and Infrastructure has 2 MSME Form 1 returns on record between 2017 and 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 27 May 2019.