- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0041160

I.B.Patel Builders Pvt Ltd
About I.B.Patel Builders Pvt Ltd
Data last updated:
I.B.Patel Builders Pvt Ltd is a private limited company based in Vadodara, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 05 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1993PTC018776. Its GSTIN is 24AAACI4314E1Z7 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Indravadan Bhailalbhai Patel (Managing Director) and Patel Divya Indravadan.
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 Basement Rosette Apartment Opp. Seven Seas Mall Fatehgunj, Vadodara, Gujarat, India – 390002.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.73 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹6.03 Lakh (net margin -7.5%) and EBITDA of ₹3.57 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 18% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
Court records list 21 cases involving the company, including 10 filed by the company and 11 filed against it; 1 case is pending.
I.B.Patel Builders Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0041160). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of I.B.Patel Builders
Contact details
I.B.Patel Builders Pvt Ltd's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBasement Rosette Apartment Opp. Seven Seas Mall Fatehgunj, Vadodara, Gujarat, India – 390002
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of I.B.Patel Builders Pvt Ltd, 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 I.B.Patel Builders is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of I.B.Patel Builders Pvt Ltd, buy the company report.
Financials of I.B.Patel Builders Pvt Ltd
FY 2025 filings availableI.B.Patel Builders Pvt Ltd reported revenue of ₹80.73 Lakh (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 67% 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 |
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| EBITDA | ₹3.57 Lakh | ||||
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| Net Profit (PAT) | -₹6.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | -7.5% | ||||
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To see the full financial statements and ratios of I.B.Patel Builders Pvt Ltd, buy the company report.
Board of directors of I.B.Patel Builders Pvt Ltd
I.B.Patel Builders has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indravadan Bhailalbhai Patel | Managing Director | 05 Jan 1993 | 33 Years 9 Months | Current |
| Patel Divya Indravadan | Director | 03 Feb 2016 | 10 Years 8 Months | Current |
| Vijaykumar Bhazlalbhai Patel | Director | 27 Jan 1995 | 31 Years 8 Months | Current |
| Yesha Indravadan Patel | Director | 17 Sep 2025 | 1 Years 1 Months | Current |
Auditor
I.B.Patel Builders Pvt Ltd is audited by PARIKH MEHTA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIKH MEHTA & ASSOCIATES | FY 2018 | 112832W |
Shareholding
The shareholding of I.B.Patel Builders Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of I.B.Patel Builders Pvt Ltd, buy the company report.
Legal cases
I.B.Patel Builders Pvt Ltd has 21 court cases on record: 10 filed by I.B.Patel Builders, 11 filed against it. 1 case is pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 8 | 0 |
| High courts | 7 | 3 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Pending |
| District court, Vadodara, Gujarat | Court case (RCA) | Filed against the company by individuals | Disposed |
| District court, Vadodara, Gujarat | Court case (CMA DC) | Filed against the company by individuals | Disposed |
| District court, Vadodara, Gujarat | Court case (CMA SC) | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of I.B.Patel Builders Pvt Ltd, 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 I.B.Patel Builders Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I.B.Patel Builders has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACI4314E1Z7 | Gujarat | Active | 01 Jul 2017 |
| 24AAACI4314E2Z6 | Gujarat | Active | 31 Jan 2019 |
To see the full GST registrations and return filing status of I.B.Patel Builders Pvt Ltd, buy the company report.
Recent activity
I.B.Patel Builders Pvt Ltd has 5 board changes on record since 1993: 4 appointments and 1 cessation. The latest: Yesha Indravadan Patel ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
I.B.Patel Builders is an active private limited company based in Vadodara, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 05 January 1993 (33+ years old) and is registered under CIN U45201GJ1993PTC018776.
I.B.Patel Builders has 4 current directors:
- Indravadan Bhailalbhai Patel - Managing Director
- Patel Divya Indravadan - Director
- Vijaykumar Bhazlalbhai Patel - Director
- Yesha Indravadan Patel - Director
The latest financial statements of I.B.Patel Builders 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 I.B.Patel Builders is 24AAACI4314E1Z7, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACI4314E2Z6 (Gujarat).
The CIN (Corporate Identification Number) of I.B.Patel Builders is U45201GJ1993PTC018776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I.B.Patel Builders has 21 court cases on record: 10 filed by the company and 11 filed against it. 1 is pending. Most are in the district courts.
I.B.Patel Builders was incorporated on 05 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Yesha Indravadan Patel ceased to be Additional Director on 29 Sep 2025. Yesha Indravadan Patel was appointed as Director on 17 Sep 2025. Patel Divya Indravadan was appointed as Director on 03 Feb 2016. I.B.Patel Builders has 5 board changes on record in total.
Yes, I.B.Patel Builders is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0041160).
The registered office of I.B.Patel Builders is at Basement Rosette Apartment Opp. Seven Seas Mall Fatehgunj, Vadodara, Gujarat, India – 390002.