Topworth Properties Private Limited
About Topworth Properties Private Limited
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Topworth Properties 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 31 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1995PTC091229. Its GSTIN is 27AAACT3949A1ZJ (Maharashtra).
The company has an authorised share capital of ₹15.31 Cr and a paid-up capital of ₹15.31 Cr. It is led by directors including Shivaji Nivruti Naikare and Manav Haresh Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ceejay House Level 6 Shiv Sagar Estate Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.65 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹11.34 Lakh (net margin 60.8%) and EBITDA of ₹15.36 Lakh (EBITDA margin 82.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over five years.
Court records list 42 cases involving the company, including 6 filed by the company and 36 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Topworth Properties has one previous CIN (Corporate Identification Number): U45200MH1995PTC091229. The current CIN is U99999MH1995PTC091229, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1995PTC091229 | Current |
| U45200MH1995PTC091229 | Previous |
Contact details
Topworth Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCeejay House Level 6 Shiv Sagar Estate Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Topworth Properties 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
Financials of Topworth Properties Private Limited
FY 2024 filings availableTopworth Properties Private Limited reported revenue of ₹18.65 Lakh (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 4% 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 |
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| EBITDA | ₹15.36 Lakh | ||||
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| Net Profit (PAT) | ₹11.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.3% | ||||
| Net Profit Margin | 60.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Topworth Properties Private Limited, buy the company report.
Board of directors of Topworth Properties Private Limited
Topworth Properties has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivaji Nivruti Naikare | Director | 16 Mar 2023 | 3 Years 7 Months | Current |
| Manav Haresh Mehta Also directs: Rohan Bloodstock Private Limited, Chestnut Real Estate Private Limited, Meridian Construction Private Limited and 5 more | Director | 24 Dec 2015 | 10 Years 10 Months | Current |
| Avinash Hari Jotwani Also directs: Zarcon Engineering Private Limited, Khubchandani Interbuild Private Limited, Cherish Investments Private Limited and 5 more | Director | 11 Apr 2017 | 9 Years 6 Months | Current |
| Pranav Rajiv Javeri Also directs: Roxina Real Estate Private Limited, Akarya Buildcon LLP, Goodwill Properties Private Limited and 5 more | Director | 24 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
Topworth Properties Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indis Infra Developers Private Limited | ₹18.67 Lakh (FY 2024) | -81.0% | Hyderabad, Telangana, India | |||
| Konsortia Construction Company Private Limited | ₹18.66 Lakh (FY 2024) | 53.0% | Kolkata, West Bengal, India | |||
| Sumiamrit Properties Private Limited | ₹18.66 Lakh (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Noble Developers Private Limited | ₹18.66 Lakh (FY 2024) | 3.0% | Mumbai, Maharashtra, India | |||
| Trimukh Properties Private Limited | ₹18.66 Lakh (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Topworth Properties Private Limitedthis company | ₹18.65 Lakh (FY 2024) | ₹11.34 Lakh | 60.8% | -11.0% | Mumbai, Maharashtra, India | |
| Zain Properties India Private Limited | ₹18.65 Lakh (FY 2024) | 6.0% | Parbhani, Maharashtra, India | |||
| Khetan Associats Holdings Private Limited | ₹18.65 Lakh (FY 2025) | -80.0% | Patna, Bihar, India | |||
| J D Land Promoters and Consultants Private Limited | ₹18.65 Lakh (FY 2025) | -69.0% | Chandigarh, India | |||
| Rajaharin Estates Private Limited | ₹18.63 Lakh (FY 2024) | -89.0% | Hyderabad, Telangana, India | |||
| Magnesta Private Limited | ₹18.62 Lakh (FY 2025) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Topworth Properties Private Limited, buy the company report.
Auditor
Topworth Properties Private Limited is audited by Anand A. Yadav & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anand A. Yadav & Associates | FY 2023 | 137527W |
Shareholding
The shareholding of Topworth Properties 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 Topworth Properties Private Limited, buy the company report.
Legal cases
Topworth Properties Private Limited has 42 court cases on record: 6 filed by Topworth Properties, 36 filed against it. 10 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 17 | 3 |
| District courts | 18 | 18 | 7 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Vibrant Global Capital Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Vibrant Global Capital Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Vibrant Global Capital Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Vibrant Global Capital Limited | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by Glitz Enterprises Private Limited | Disposed |
To see the full case history of Topworth Properties 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 Topworth Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Topworth Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT3949A1ZJ | Maharashtra | Active | 21 Sep 2017 |
To see the full GST registrations and return filing status of Topworth Properties Private Limited, buy the company report.
Recent activity
Topworth Properties Private Limited has 19 board changes on record since 2009: 4 appointments and 15 cessations. The latest: Shivaji Nivruti Naikare ceased to be Additional Director on 29 Sep 2023.
10 earlier events are in the company report.
Frequently asked questions
Topworth Properties 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 31 July 1995 (31+ years old) and is registered under CIN U99999MH1995PTC091229.
Topworth Properties has 4 current directors:
- Shivaji Nivruti Naikare - Director
- Manav Haresh Mehta - Director
- Avinash Hari Jotwani - Director
- Pranav Rajiv Javeri - Director
The latest financial statements of Topworth Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Topworth Properties is 27AAACT3949A1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Topworth Properties is U99999MH1995PTC091229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Topworth Properties has 42 court cases on record: 6 filed by the company and 36 filed against it. 10 are pending. Most are in the high courts.
Topworth Properties was incorporated on 31 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Topworth Properties by revenue are Indis Infra Developers Private Limited, Konsortia Construction Company Private Limited, Sumiamrit Properties Private Limited, Noble Developers Private Limited, Trimukh Properties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Shivaji Nivruti Naikare ceased to be Additional Director on 29 Sep 2023. Shivaji Nivruti Naikare was appointed as Director on 16 Mar 2023. Avinash Hari Jotwani ceased to be Additional Director on 29 Sep 2017. Topworth Properties has 19 board changes on record in total.
The registered office of Topworth Properties is at Ceejay House Level 6 Shiv Sagar Estate Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
Topworth Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
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