About Adarsh Industrial Estate Private Limited
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Adarsh Industrial Estate Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hive Carbon-Zero Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2011PTC214601. Its GSTIN is 27AAJCA3910D1Z2 (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.18 Cr. It is led by directors Shreyansh Chandrakant Shah and Agnelo Fernandes.
Its last annual general meeting (AGM) was held on 28 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ground Floor Rajpipla Opp. Standard Chartered Bank Linking Road Santacruz (West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2022, the company reported a revenue of ₹26.11 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹15.1 Cr and EBITDA of -₹19.26 Cr. Revenue has declined at a compounded annual rate (CAGR) of 79% over three years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹163 Cr on record. Court records list 40 cases involving the company, including 3 filed by the company and 37 filed against it; 17 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in August 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ahujagroup.com.
Company details
Contact details
Adarsh Industrial Estate Private Limited's registered office is in Mumbai, Maharashtra. Its website is ahujagroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGround Floor Rajpipla Opp. Standard Chartered Bank Linking Road Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Adarsh Industrial Estate 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 Adarsh Industrial Estate 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 |
Financials of Adarsh Industrial Estate Private Limited
FY 2022 filings availableAdarsh Industrial Estate Private Limited reported revenue of ₹26.11 Lakh (up 53% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 53% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 79%. EBITDA fell 291% 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
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| EBITDA | -₹19.26 Cr | ||||
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| Net Profit (PAT) | -₹15.1 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Adarsh Industrial Estate Private Limited, buy the company report.
Board of directors of Adarsh Industrial Estate Private Limited
Adarsh Industrial Estate has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreyansh Chandrakant Shah Also directs: B-Right Realty Lonavala LLP | Director | 05 Aug 2025 | 1 Years 3 Months | Current |
| Agnelo Fernandes | Director | 06 Sep 2025 | 1 Years 2 Months | Current |
Auditor
Adarsh Industrial Estate Private Limited is audited by MANJUNATH GOWDA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANJUNATH GOWDA & ASSOCIATES | FY 2021 | 123659W |
Shareholding
The shareholding of Adarsh Industrial Estate Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Adarsh Industrial Estate Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2017 | 100081204 | Idbi Trusteeship Services Limited | ₹163 Cr | Satisfied |
To see the full charge records of Adarsh Industrial Estate Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Adarsh Industrial Estate Private Limited has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in August 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Rights issue | ₹10 Lakh | Investors: Hive Carbon-Zero Developers Private Limited |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ahuja Royal Constructions Private Limited , Tulip Land & Developers Private Limited , Snehanjali Properties Private Limited |
| Feb 2016 | Rights issue | ₹8.77 Cr | Investors: Je Bee Properties Private Limited , Sai Laxmi Properties Private Limited |
| Dec 2014 | Funding round | ₹40 Lakh | Investors: Sai Laxmi Properties Private Limited , Je Bee Properties Private Limited |
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: Ahuja Royal Constructions Private Limited Seller: Siddhi Raj Housing Projects Private Limited |
To see the full deal history of Adarsh Industrial Estate Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adarsh Industrial Estate Private Limited has 40 court cases on record: 3 filed by Adarsh Industrial Estate, 37 filed against it. 17 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 25 | 11 |
| High courts | 15 | 12 | 6 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Goshar Infra Projects Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Transfer Application) | Filed against the company by an individual | Pending |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax Central 3 | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Cupino Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Adarsh Industrial Estate 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 Adarsh Industrial Estate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adarsh Industrial Estate Private Limited has a workforce of 54 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Adarsh Industrial Estate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA3910D1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adarsh Industrial Estate Private Limited, buy the company report.
Recent activity
Adarsh Industrial Estate Private Limited has 20 board changes on record since 2014: 2 appointments and 18 cessations. The latest: Agnelo Fernandes ceased to be Additional Director on 29 Sep 2025.
14 earlier events are in the company report.
Frequently asked questions
Adarsh Industrial Estate 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 11 March 2011 (15+ years old) and is registered under CIN U45400MH2011PTC214601.
Adarsh Industrial Estate has 2 current directors:
- Shreyansh Chandrakant Shah - Director
- Agnelo Fernandes - Director
The latest financial statements of Adarsh Industrial Estate on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 December 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Adarsh Industrial Estate is 27AAJCA3910D1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Adarsh Industrial Estate is U45400MH2011PTC214601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adarsh Industrial Estate has 40 court cases on record: 3 filed by the company and 37 filed against it. 17 are pending. Most are in the district courts.
Adarsh Industrial Estate was incorporated on 11 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Adarsh Industrial Estate has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in August 2019.
Agnelo Fernandes ceased to be Additional Director on 29 Sep 2025. Shreyansh Chandrakant Shah ceased to be Additional Director on 29 Sep 2025. Agnelo Fernandes was appointed as Director on 06 Sep 2025. Adarsh Industrial Estate has 20 board changes on record in total.
Adarsh Industrial Estate can be reached through the website ahujagroup.com. Its registered office is in Mumbai, Maharashtra, India.
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