
About Sheth Universal Private Limited
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Sheth Universal 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 14 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2010PTC209023.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Evelina Infraprojects Private Limited. It is led by directors including Ashok Mallayya Adep and Chintan Ashwin Sheth.
Its last annual general meeting (AGM) was held on 10 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 ₹85.06 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹19.44 Lakh (net margin 22.9%) and EBITDA of ₹19.44 Lakh (EBITDA margin 22.9%). Revenue has grown at a compounded annual rate (CAGR) of 76% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shethdevelopers.com.
Company details
Contact details
Sheth Universal Private Limited's registered office is in Mumbai, Maharashtra. Its website is shethdevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Prius Infinity Paranjape B Scheme, Subhash Road, Mumbai, Maharashtra, India – 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sheth Universal 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 Sheth Universal is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sheth Universal Private Limited, buy the company report.
Financials of Sheth Universal Private Limited
FY 2025 filings availableSheth Universal Private Limited reported revenue of ₹85.06 Lakh (down 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 76%. EBITDA rose 106% 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 | ₹19.44 Lakh | ||||
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| Net Profit (PAT) | ₹19.44 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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| EBITDA Margin | 22.9% | ||||
| Net Profit Margin | 22.9% | ||||
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To see the full financial statements and ratios of Sheth Universal Private Limited, buy the company report.
Board of directors of Sheth Universal Private Limited
Sheth Universal has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Mallayya Adep Also directs: Sheth Dream Projects LLP, Sheth Homestead Private Limited, Sheth Homes Spaces Private Limited and 5 more | Director | 10 Feb 2025 | 1 Years 9 Months | Current |
| Chintan Ashwin Sheth | Director | 19 Feb 2011 | 15 Years 8 Months | Current |
| Devinder Rajkumar Chopra Also directs: Sheth Infraworld Private Limited, Sheth Holdings (India) Private Limited, Sheth Luxurious Homes Private Limited and 5 more | Director | 10 Feb 2025 | 1 Years 9 Months | Current |
| Maulik Ashwin Sheth | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
Auditor
Sheth Universal Private Limited is audited by K. G. Shanker for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. G. Shanker | FY 2017 | 036705 |
Shareholding
The shareholding of Sheth Universal Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sheth Universal Private Limited, buy the company report.
Legal cases
Sheth Universal Private Limited has 2 court cases on record: 1 filed by Sheth Universal, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The State of Maharashtra THR Its Secretary and Ors and 4 others | Disposed |
To see the full case history of Sheth Universal 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 Sheth Universal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sheth Universal Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sheth Universal Private Limited has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Ashok Mallayya Adep ceased to be Additional Director on 09 Sep 2025.
3 earlier events are in the company report.
Frequently asked questions
Sheth Universal 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 14 October 2010 (16+ years old) and is registered under CIN U45200MH2010PTC209023.
Sheth Universal has 4 current directors:
- Ashok Mallayya Adep - Director
- Chintan Ashwin Sheth - Director
- Devinder Rajkumar Chopra - Director
- Maulik Ashwin Sheth - Director
The latest financial statements of Sheth Universal on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sheth Universal is U45200MH2010PTC209023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Universal has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Sheth Universal was incorporated on 14 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Mallayya Adep ceased to be Additional Director on 09 Sep 2025. Devinder Rajkumar Chopra ceased to be Additional Director on 09 Sep 2025. Ashok Mallayya Adep was appointed as Director on 10 Feb 2025. Sheth Universal has 12 board changes on record in total.
Sheth Universal can be reached through the website shethdevelopers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sheth Universal is at 3rd Floor Prius Infinity Paranjape B Scheme, Subhash Road, Mumbai, Maharashtra, India – 400057.
Sheth Universal operates in the real estate and construction industry, in the real estate builders and developers segment.

