MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0115034
Addor Realty Private Limited - real estate and construction in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.59 Cr
▼ 23% YoY
Net loss · FY 2025
₹19.21 Lakh
Net margin -0.9%
EBITDA · FY 2025
₹2.93 Cr
EBITDA margin 13%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹16.44 Lakh
Issued & subscribed
Open charges
₹66.3 Cr
Satisfied ₹39.51 Cr
Company age
17 yrs
Est. 2009
Directors on board
4
As per MCA filings
About Addor Realty Private Limited
Data last updated:
Addor Realty Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70200GJ2009PTC058599. Its GSTIN is 24AADCD2711R1ZL (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.44 Lakh. It was formerly known as Dravya Tradelinks Private Limited and Ardor Realty Private Limited. It is led by directors including Vikas Kanaiyalal Shah and Ashish Kanaiyalal Shah.
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 32 3rd Floor Rupa Appartment Opp. Lal Bunglow C.G.Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.59 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹19.21 Lakh (net margin -0.9%) and EBITDA of ₹2.93 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 71% over five years.
The company is associated with 1 brand: Addor Group. As per MCA filings, the company has open charges of ₹66.3 Cr and satisfied charges of ₹39.51 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
Addor Realty Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0115034). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website addorgroup.com.
Company details
CIN U70200GJ2009PTC058599
Registration Number 058599
Incorporation Date 17 November 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0115034
Name history
Addor Realty has undergone 3 name changes throughout its history. The company was previously known as Dravya Tradelinks Private Limited, Ardor Realty Private Limited, and Satva Realty Private Limited. The current legal name is Addor Realty Private Limited.
| Company Name | Status |
|---|---|
| Addor Realty Private Limited | Current |
| Dravya Tradelinks Private Limited | Previous |
| Ardor Realty Private Limited | Previous |
| Satva Realty Private Limited | Previous |
CIN history
Addor Realty has one previous CIN (Corporate Identification Number): U52300GJ2009PTC058599. The current CIN is U70200GJ2009PTC058599, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200GJ2009PTC058599 | Current |
| U52300GJ2009PTC058599 | Previous |
Key People
Vikas Kanaiyalal Shah Director Sahil Vikaskumar Shah Additional Director Ashish Kanaiyalal Shah Director Recognitions & Rankings of Addor Realty
Contact details
Addor Realty Private Limited's registered office is in Ahmedabad, Gujarat. Its website is addorgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address32 3rd Floor Rupa Appartment Opp. Lal Bunglow C.G.Road, Ahmedabad, Gujarat, India – 380009
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Addor Realty Private Limited, buy the company report.
Comprehensive company report
Addor Realty Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Addor Realty operates one associated brand: Addor Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development services in Ahmedabad, focusing on residential and commercial projects. | addorgroup.com |
Business activity
The main business activity of Addor Realty 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 Addor Realty Private Limited, buy the company report.
Financials of Addor Realty Private Limited
FY 2024 filings availableAddor Realty Private Limited reported revenue of ₹22.59 Cr (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹22.59 Cr ▼ 23%
Net loss · FY 2025
₹19.21 Lakh margin -0.9%
EBITDA · FY 2025
₹2.93 Cr margin 13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 6%
5 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▲ 559%
3 years · compounded
▼ 12%
5 years · compounded
▲ 24%
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 71%. EBITDA rose 559% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.21 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | -0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Addor Realty Private Limited, buy the company report.
Board of directors of Addor Realty Private Limited
Addor Realty has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Kanaiyalal Shah | Director | 24 Feb 2011 | 15 Years 8 Months | Current |
| Sahil Vikaskumar Shah | Additional Director | 12 Jun 2025 | 1 Years 4 Months | Current |
| Ashish Kanaiyalal Shah Also directs: Addis Infrabuild LLP, Parshvanath Sales Limited | Director | 18 Feb 2011 | 15 Years 8 Months | Current |
| Kamal Kumar Jain Also directs: Cloud 9 Maintenance & Members Welfare Association | Director | 17 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Addor Realty Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Legacy Global Projects Private Limited | ₹22.61 Cr (FY 2023) | -68.0% | Bangalore, Karnataka, India | |||
| Sreemaavi Infra Private Limited | ₹22.6 Cr (FY 2025) | 245.0% | Secunderabad, Telangana, India | |||
| Murli Realtors Private Limited | ₹22.6 Cr (FY 2025) | 11.0% | Pune, Maharashtra, India | |||
| Lifestyle Buildcon Private Limited | ₹22.6 Cr (FY 2025) | 2662.0% | New Delhi, Delhi, India | |||
| Addor Realty Private Limitedthis company | ₹22.59 Cr (FY 2025) | -₹19.21 Lakh | -0.9% | -23.0% | Ahmedabad, Gujarat, India | |
| Eldeco Jalandhar Properties Private Limited | ₹22.59 Cr (FY 2018) | 28.0% | Faridabad, Haryana, India | |||
| Beams and Columns Builders Private Limited | ₹22.56 Cr (FY 2024) | 36.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Addor Realty Private Limited, buy the company report.
Auditor
Addor Realty Private Limited is audited by SUNIL PODDAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL PODDAR & CO. | FY 2023 | 110603W |
Shareholding
The shareholding of Addor Realty 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 Addor Realty Private Limited, buy the company report.
Charges & borrowings
Open charges
₹66.3 Cr
Satisfied charges
₹39.51 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2023 | 100678453 | Indian Bank | ₹5.3 Cr | Open | |
| 30 Sep 2022 | 100641192 | Others | ₹24 Cr | Open | |
| 05 Aug 2022 | 100603552 | Others | ₹15 Cr | Open | |
| 12 Feb 2020 | 100327899 | State Bank of India | ₹22 Cr | Open | |
| 01 Feb 2020 | 100355158 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Addor Realty Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Addor Realty Private Limited has 4 court cases on record: 2 filed by Addor Realty, 2 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Ms. Ardor Structures Pvt Ltd and 1 other | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Ardor Structures Private Limited and 6 others | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed against the company by individuals | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed by the company against M/S. Ardor International Private Limited and 1 other | Disposed |
To see the full case history of Addor Realty 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
Addor Realty Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Buchasia Advisory & Consulting Private Limited |
To see the full MSME payment records of Addor Realty Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Addor Realty has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCD2711R1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Addor Realty Private Limited, buy the company report.
Recent activity
Addor Realty Private Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Sahil Vikaskumar Shah was appointed as Additional Director on 12 Jun 2025.
Appointed
Sahil Vikaskumar Shah was appointed as Additional Director.
AGM
Addor Realty Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Addor Realty Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Kamal Kumar Jain ceased to be Additional Director.
Appointed
Kamal Kumar Jain was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 530.00 Lakh with Charge ID 100678453 was registered on 09 Feb 2023.
Charges
A charge registered on 08 Feb 2019 via Charge ID 100239845 with Others was fully satisfied on 24 Jan 2023.
Charges
A charge registered on 07 Feb 2019 via Charge ID 100239846 with Others was fully satisfied on 24 Jan 2023.
Charges
A charge with Others amounted to Rs. 2,400.00 Lakh with Charge ID 100641192 was registered on 30 Sep 2022.
Charges
A charge with Others amounted to Rs. 1,500.00 Lakh with Charge ID 100603552 was registered on 05 Aug 2022.
Charges
A charge registered on 01 Feb 2020 via Charge ID 100355158 with Others was fully satisfied on 16 May 2022.
Charges
A charge with Others of Rs. 1,250.00 Lakh registered on 08 Feb 2019 with Charge ID 100239845 was modified on 15 Jul 2020.
16 earlier events are in the company report.
Frequently asked questions
Addor Realty is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 November 2009 (17+ years old) and is registered under CIN U70200GJ2009PTC058599.
Addor Realty has 4 current directors:
- Vikas Kanaiyalal Shah - Director
- Sahil Vikaskumar Shah - Additional Director
- Ashish Kanaiyalal Shah - Director
- Kamal Kumar Jain - Director
The latest financial statements of Addor Realty 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 Addor Realty is 24AADCD2711R1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Addor Realty is U70200GJ2009PTC058599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Addor Realty has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Addor Realty was incorporated on 17 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Addor Realty by revenue are Legacy Global Projects Private Limited, Sreemaavi Infra Private Limited, Murli Realtors Private Limited, Lifestyle Buildcon Private Limited, Eldeco Jalandhar Properties Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sahil Vikaskumar Shah was appointed as Additional Director on 12 Jun 2025. Kamal Kumar Jain ceased to be Additional Director on 29 Sep 2023. Kamal Kumar Jain was appointed as Director on 17 Mar 2023. Addor Realty has 9 board changes on record in total.
Yes, Addor Realty is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0115034).
Addor Realty has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 May 2021.
Addor Realty can be reached through the website addorgroup.com. Its registered office is in Ahmedabad, Gujarat, India.