About Ariisto Realtors Development Private Limited
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Ariisto Realtors Development Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rare Realty Development Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2002PTC135915. Its GSTIN is 27AABCV5318C1ZL (Maharashtra).
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.5 Cr. It was formerly known as Videocon Atithi Shelters Private Limited. It is led by directors including Atithi Narendra Patel and Hiren Narendra Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ariisto Sommet Junction Of Mg Road & Link Road, Near Metro Station Bangur Nagar Goregaon (West) Mumbai, Maharashtra, India – 400104.
As per the financials filed for FY 2025, the company reported a revenue of ₹20 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹63.28 Lakh (net margin 3.2%) and EBITDA of ₹63.29 Lakh (EBITDA margin 3.2%).
The company is associated with 1 brand: Ariisto. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 4 cases are 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 ariisto.com.
Company details
Contact details
Ariisto Realtors Development Private Limited's registered office is in Mumbai, Maharashtra. Its website is ariisto.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAriisto Sommet Junction Of Mg Road & Link Road, Near Metro Station Bangur Nagar Goregaon (West) Mumbai, Maharashtra, India – 400104
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ariisto Realtors Development 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
Brands
Ariisto Realtors Development operates one associated brand: Ariisto. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive services for residential and commercial real estate development. | ariisto.com |
Business activity
The main business activity of Ariisto Realtors Development 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 Ariisto Realtors Development Private Limited, buy the company report.
Financials of Ariisto Realtors Development Private Limited
FY 2025 filings availableAriisto Realtors Development Private Limited reported revenue of ₹20 Cr (up 221% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 221% in the latest year. EBITDA rose 260% 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 | ₹63.29 Lakh | ||||
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| Net Profit (PAT) | ₹63.28 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 | 3.2% | ||||
| Net Profit Margin | 3.2% | ||||
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To see the full financial statements and ratios of Ariisto Realtors Development Private Limited, buy the company report.
Board of directors of Ariisto Realtors Development Private Limited
Ariisto Realtors Development has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atithi Narendra Patel | Director | 17 May 2002 | 24 Years 5 Months | Current |
| Hiren Narendra Patel | Director | 27 May 2002 | 24 Years 5 Months | Current |
| Yogesh Pravinchandra Thakkar Also directs: Rare Realty Development Private Limited, Ashvi Developers Private Limited, Ashna Realtors Private Limited and 5 more | Director | 23 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Ariisto Realtors Development Private Limited is audited by Sandesh Kadam & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sandesh Kadam & Associates | FY 2023 | 603063 |
Shareholding
The shareholding of Ariisto Realtors Development 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 Ariisto Realtors Development Private Limited, buy the company report.
Legal cases
Ariisto Realtors Development Private Limited has 8 court cases on record: 2 filed by Ariisto Realtors Development, 6 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 6 | 4 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Emerald Electronics Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ms Mahavir Enterprises | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Slum Rehabilitation Authority and 3 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The State of Maharashtra by Its Secretary of Housing Department and 3 others | Pending |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -Central- 1 Mumbai | Disposed |
To see the full case history of Ariisto Realtors Development 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 Ariisto Realtors Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ariisto Realtors Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV5318C1ZL | Maharashtra | Active | 29 Mar 2023 |
To see the full GST registrations and return filing status of Ariisto Realtors Development Private Limited, buy the company report.
Recent activity
Ariisto Realtors Development Private Limited has 6 board changes on record since 2002: 3 appointments and 3 cessations. The latest: Yogesh Pravinchandra Thakkar ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Ariisto Realtors Development 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 17 May 2002 (24+ years old) and is registered under CIN U45202MH2002PTC135915.
Ariisto Realtors Development has 3 current directors:
- Atithi Narendra Patel - Director
- Hiren Narendra Patel - Director
- Yogesh Pravinchandra Thakkar - Director
The latest financial statements of Ariisto Realtors Development on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ariisto Realtors Development is 27AABCV5318C1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ariisto Realtors Development is U45202MH2002PTC135915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ariisto Realtors Development has 8 court cases on record: 2 filed by the company and 6 filed against it. 4 are pending.
Ariisto Realtors Development was incorporated on 17 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Yogesh Pravinchandra Thakkar ceased to be Additional Director on 29 Sep 2023. Yogesh Pravinchandra Thakkar was appointed as Director on 23 Aug 2023. Suresh Madhava Hegde ceased to be Director on 01 Nov 2022. Ariisto Realtors Development has 6 board changes on record in total.
Ariisto Realtors Development can be reached through the website ariisto.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ariisto Realtors Development is at Ariisto Sommet Junction Of Mg Road & Link Road, Near Metro Station Bangur Nagar Goregaon West Mumbai, Maharashtra, India – 400104.