Ajitesh Estates Private Limited
About Ajitesh Estates Private Limited
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Ajitesh Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Niwas Residential & Commercial Properties Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 12 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1989PTC053415.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priya Anil Sawant and Veera Joy Patel.
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 Essar House 11 Keshavraokhadya Marg Mahalaxmi, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.33 Cr. For the same year it recorded a net profit of ₹23.72 Lakh (net margin 7.1%) and EBITDA of ₹32.85 Lakh (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 168% over five years.
As per MCA filings, the company has satisfied charges of ₹1,746 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ajitesh Estates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressEssar House 11 Keshavraokhadya Marg Mahalaxmi, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Ajitesh Estates 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 Ajitesh Estates Private Limited
FY 2024 filings availableAjitesh Estates Private Limited reported revenue of ₹3.33 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 168% over five years. 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 | ₹32.85 Lakh | ||||
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| Net Profit (PAT) | ₹23.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 7.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ajitesh Estates Private Limited, buy the company report.
Board of directors of Ajitesh Estates Private Limited
Ajitesh Estates has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Anil Sawant Also directs: Eet Biofuels Limited, Thakkars Investment Private Limited | Director | 13 May 2019 | 7 Years 5 Months | Current |
| Veera Joy Patel Also directs: Edwell Park Properties and Networks Private Limited, Bhargava Estates Private Limited, Essar House Private Limited and 1 more | Director | 23 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Ajitesh Estates Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chondhe Warehousing Private Limited | ₹3.34 Cr (FY 2025) | 12.0% | Pune, Maharashtra, India | |||
| William Jacks and Company (India) Limited | ₹3.34 Cr (FY 2023) | 68128.0% | Mumbai, Maharashtra, India | |||
| Cospaces Optech Private Limited | ₹3.34 Cr (FY 2025) | -67.0% | New Delhi, Delhi, India | |||
| Aayush Retreats Private Limited | ₹3.34 Cr (FY 2024) | -24.0% | Raigad, Maharashtra, India | |||
| Ardee Resources Private Limited | ₹3.34 Cr (FY 2025) | 79.0% | Mumbai, Maharashtra, India | |||
| Ajitesh Estates Private Limitedthis company | ₹3.33 Cr (FY 2024) | ₹23.72 Lakh | 7.1% | Mumbai, Maharashtra, India | ||
| Esprit Ventures Private Limited | ₹3.33 Cr (FY 2025) | 2720.0% | Mumbai, Maharashtra, India | |||
| Tonia Estates and Resorts Private Limited | ₹3.33 Cr (FY 2024) | -4.0% | Salcete, Goa, India | |||
| Civic Properties Private Limited | ₹3.32 Cr (FY 2025) | 1699.0% | New Delhi, Delhi, India | |||
| Colosseum Properties Private Limited | ₹3.32 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Pushpanjali Estates Private Limited | ₹3.31 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ajitesh Estates Private Limited, buy the company report.
Auditor
Ajitesh Estates Private Limited is audited by N K R & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K R & CO | FY 2021 | 127820W |
Shareholding
The shareholding of Ajitesh Estates 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 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ajitesh Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2017 | 100079017 | Others | ₹300 Cr | Satisfied | |
| 03 Nov 2014 | 10540998 | Yes Bank Limited | ₹9 Cr | Satisfied | |
| 15 Jul 2013 | 10446712 | Others | ₹450 Cr | Satisfied | |
| 14 May 2013 | 10435908 | Yes Bank Limited | ₹120 Cr | Satisfied | |
| 14 May 2013 | 10435915 | Yes Bank Limited | ₹340 Cr | Satisfied |
To see the full charge records of Ajitesh Estates Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Ajitesh Estates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ajitesh Estates 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 Ajitesh Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ajitesh Estates Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Priya Anil Sawant ceased to be Additional Director on 07 Aug 2019.
21 earlier events are in the company report.
Frequently asked questions
Ajitesh Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 12 September 1989 (37+ years old) and is registered under CIN U70100MH1989PTC053415.
Ajitesh Estates has 2 current directors:
- Priya Anil Sawant - Director
- Veera Joy Patel - Director
The latest financial statements of Ajitesh Estates 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 CIN (Corporate Identification Number) of Ajitesh Estates is U70100MH1989PTC053415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajitesh Estates was incorporated on 12 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ajitesh Estates by revenue are Chondhe Warehousing Private Limited, William Jacks and Company (India) Limited, Cospaces Optech Private Limited, Aayush Retreats Private Limited, Ardee Resources Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Priya Anil Sawant ceased to be Additional Director on 07 Aug 2019. Priya Anil Sawant was appointed as Director on 13 May 2019. Rajesh Parshuram Mayekar ceased to be Director on 13 May 2019. Ajitesh Estates has 11 board changes on record in total.
The registered office of Ajitesh Estates is at Essar House 11 Keshavraokhadya Marg Mahalaxmi, Mumbai, Maharashtra, India – 400021.
Ajitesh Estates operates in the financial services industry, in the real estate financing segment.
Ajitesh Estates has no open charges and satisfied charges of ₹1,746 Cr as per latest MCA filings.
The compliance status of Ajitesh Estates is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.
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