Jet Speed Realtors Private Limited
About Jet Speed Realtors Private Limited
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Jet Speed Realtors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 06 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC157834. Its GSTIN is 27AACCD2841D1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹58.33 Lakh. It was formerly known as Devashya Construction Private Limited. It is led by directors Hemant Kantilal Shah (Whole-Time Director) and Keyur Hemant Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.32 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹17.9 Cr (net margin 19%) and EBITDA of ₹24.22 Cr (EBITDA margin 25.7%). Revenue has grown at a compounded annual rate (CAGR) of 797% over five years.
Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jet Speed Realtors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No.1232 – A 12th Flr Hubtown Solaris Premises N.S. Phadke Road Opp. Telli Galli Andh, Eri (East), Mumbai, Maharashtra, India – 400069
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Jet Speed Realtors 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 Jet Speed Realtors 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 Jet Speed Realtors Private Limited, buy the company report.
Financials of Jet Speed Realtors Private Limited
FY 2025 filings availableJet Speed Realtors Private Limited reported revenue of ₹94.32 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 797% over five years, including 40% growth in the latest year. EBITDA rose 241% 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 | ₹94.32 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.9 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.7% | ||||
| Net Profit Margin | 19% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Jet Speed Realtors Private Limited, buy the company report.
Board of directors of Jet Speed Realtors Private Limited
Jet Speed Realtors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Kantilal Shah | Whole-Time Director | 20 Jun 2007 | 19 Years 4 Months | Current |
| Keyur Hemant Shah Also directs: Jet Infinity Enterprises Private Limited, Time & Jet Realty LLP, Jet Builders LLP and 4 more | Director | 16 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Jet Speed Realtors Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jet Speed Realtors Private Limitedthis company | ₹94.32 Cr (FY 2025) | ₹17.9 Cr | 19% | 40.0% | Mumbai, Maharashtra, India | |
| Condor Builders Private Limited | ₹67.63 Cr (FY 2024) | 185.0% | Thiruvananthapuram, Kerala, India | |||
| Utkal Builders Limited | ₹67.56 Cr (FY 2024) | 37.0% | Bhubaneswar, Odisha, India | |||
| Ark Infra Developers Private Limited | ₹67.51 Cr (FY 2025) | -28.0% | Hyderabad, Telangana, India | |||
| Ijm Raintree Park Private Limited | ₹67.32 Cr (FY 2025) | -26.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Jet Speed Realtors Private Limited, buy the company report.
Auditor
Jet Speed Realtors Private Limited is audited by Kamdar Desai & Patel for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kamdar Desai & Patel | FY 2022 | 104664W |
Shareholding
The shareholding of Jet Speed Realtors Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jet Speed Realtors Private Limited, buy the company report.
Legal cases
Jet Speed Realtors Private Limited has 6 court cases on record: 3 filed by Jet Speed Realtors, 3 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Nav Vile Parle Co-Operative Housing Society Limited and 3 Ors. and 3 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Jet Speed Realtors 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 Jet Speed Realtors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jet Speed Realtors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD2841D1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jet Speed Realtors Private Limited, buy the company report.
Recent activity
Jet Speed Realtors Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Keyur Hemant Shah ceased to be Additional Director on 29 Sep 2021.
Frequently asked questions
Jet Speed Realtors is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 06 December 2005 (21+ years old) and is registered under CIN U45200MH2005PTC157834.
Jet Speed Realtors has 2 current directors:
- Hemant Kantilal Shah - Whole-Time Director
- Keyur Hemant Shah - Director
The latest financial statements of Jet Speed Realtors 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 Jet Speed Realtors is 27AACCD2841D1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jet Speed Realtors is U45200MH2005PTC157834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jet Speed Realtors has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Jet Speed Realtors was incorporated on 06 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jet Speed Realtors by revenue are Condor Builders Private Limited, Utkal Builders Limited, Ark Infra Developers Private Limited, Ijm Raintree Park Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Keyur Hemant Shah ceased to be Additional Director on 29 Sep 2021. Jigar Pratapray Vora ceased to be Director on 16 Mar 2021. Keyur Hemant Shah was appointed as Director on 16 Mar 2021. Jet Speed Realtors has 5 board changes on record in total.
The registered office of Jet Speed Realtors is at Unit No.1232 – A 12th Flr Hubtown Solaris Premises N.S. Phadke Road Opp. Telli Galli Andh, Eri East, Mumbai, Maharashtra, India – 400069.
Jet Speed Realtors operates in the infrastructure and utilities industry, in the general construction services segment.
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