About Atul Projects India Private Limited
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Atul Projects India 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 28 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2007PTC173576. Its GSTIN is 27AAGCA5921P1Z9 (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Atul Builders & Estates Limited. and Atul Builders & Estates Private Limited. It is led by directors including Atul Nathabhai Patel and Aakash Atul Patel.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.67 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹12.2 Cr (net margin 14.6%) and EBITDA of ₹32.97 Cr (EBITDA margin 39.4%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 8% over five years.
The company has about 75 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Atul Projects. As per MCA filings, the company has open charges of ₹483.66 Cr and satisfied charges of ₹502.51 Cr on record. Court records list 287 cases involving the company, including 148 filed by the company and 139 filed against it; 67 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in September 2015. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 1 smaller; the largest is Sonam Spark Infra Limited with revenue of ₹83.7 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2024, listing 398 overdue payments to 60 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atulprojects.com.
Company details
Name history
Atul Projects India has undergone 5 name changes throughout its history. The current legal name is Atul Projects India Private Limited.
| Company Name | Status |
|---|---|
| Atul Projects India Private Limited | Current |
| Atul Builders & Estates Limited. | Previous |
| Atul Builders & Estates Private Limited. | Previous |
| Atul Builders & Estates Limited. | Previous |
| Atul Projects India Limited | Previous |
CIN history
Atul Projects India has one previous CIN (Corporate Identification Number): U45200MH2007PLC173576. The current CIN is U45200MH2007PTC173576, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH2007PTC173576 | Current |
| U45200MH2007PLC173576 | Previous |
Contact details
Atul Projects India Private Limited's registered office is in Mumbai, Maharashtra. Its website is atulprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor Trade Avenue, Suren Rd Off Western Express Highway, Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Atul Projects India 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
Atul Projects India operates one associated brand: Atul Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development focusing on residential and commercial projects in Mumbai and Pune. | atulprojects.com |
Business activity
The main business activities of Atul Projects India are construction and real estate. In detail, this covers buildings and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Atul Projects India Private Limited, buy the company report.
Financials of Atul Projects India Private Limited
FY 2025 filings availableAtul Projects India Private Limited reported revenue of ₹83.67 Cr (up 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 54% growth in the latest year. EBITDA rose 80% 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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| Total Expenses | |||||
| EBITDA | ₹32.97 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹12.2 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.4% | ||||
| Net Profit Margin | 14.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Atul Projects India Private Limited, buy the company report.
Board of directors of Atul Projects India Private Limited
Atul Projects India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Nathabhai Patel | Director | 28 Aug 2007 | 19 Years 1 Months | Current |
| Aakash Atul Patel Also directs: Atul Development Oshiwara Private Limited, Atul Montal Private Limited, Atul Projects (As) Private Limited and 4 more | Director | 01 Jul 2011 | 15 Years 3 Months | Current |
| Aayush Patel Atul Also directs: Atul Projects (Adc) Private Limited, Delvadia Developers and Builders Private Limited, Cordial Exports Private Limited and 2 more | Director | 02 Jan 2019 | 7 Years 9 Months | Current |
| Akhil Ahuja | Irp/Rp/Liquidator | 26 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Atul Projects India Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Sonam Spark Infra Limited | ₹83.7 Cr (FY 2025) | 54.0% | Thane, Maharashtra, India | |||
| Shree Saibaba Grihanirmiti Private Limited | ₹83.7 Cr (FY 2024) | -33.0% | Mumbai, Maharashtra, India | |||
| Doon Buildcon Private Limited | ₹83.67 Cr (FY 2025) | 49.0% | Dehradun, Uttarakhand, India | |||
| Atul Projects India Private Limitedthis company | ₹83.67 Cr (FY 2025) | ₹12.2 Cr | 14.6% | 54.0% | 75 | Mumbai, Maharashtra, India |
| Darshita Hi-Rise Private Limited | ₹83.64 Cr (FY 2025) | 19.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Atul Projects India Private Limited, buy the company report.
Auditor
Atul Projects India Private Limited is audited by KEVIN SHAH & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEVIN SHAH & ASSOCIATES | FY 2024 | 144250W |
Shareholding
The shareholding of Atul Projects India 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 Atul Projects India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Apr 2026 | 101281233 | Hdfc Bank Limited | ₹54 Cr | Open | |
| 02 Apr 2026 | 101289012 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 30 Mar 2026 | 101286298 | Others | ₹60 Cr | Open | |
| 17 Oct 2025 | 101185697 | Hdfc Bank Limited | ₹70 Lakh | Open | |
| 08 Oct 2025 | 101175568 | Others | ₹150 Cr | Open |
To see the full charge records of Atul Projects India Private Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
Atul Projects India Private Limited has 4 deals on record (4 secondary share transfers); the latest was in September 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Atul Projects Realty Private Limited Seller: Atul Projects Realty Private Limited |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Cordial Exports Private Limited , Delvadia Developers and Builders Private Limited , Atul Projects Realty Private Limited Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Atul Projects India Private Limited has 287 court cases on record: 148 filed by Atul Projects India, 139 filed against it. 67 cases are pending and 220 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 209 | 99 | 49 |
| District courts | 68 | 33 | 15 |
| Supreme Court | 9 | 6 | 3 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 287)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Icici Bank Ltd and 3 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against Taksha Spaces Private Limited | Pending |
| Bombay High Court | Court case (CARAP) | Filed by the company against Taksha Spaces Private Limited | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Nima Developers Private Limited | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Oberoi Realty Limited | Pending |
To see the full case history of Atul Projects India 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
Atul Projects India Private Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 398 overdue payments to 60 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 (5 of 60)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Apex Stone |
To see the full MSME payment records of Atul Projects India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Atul Projects India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Atul Projects Realty Private Limited | U55101MH2008PTC189208 |
To see the full group structure of Atul Projects India Private Limited, buy the company report.
Employees & EPFO
Atul Projects India Private Limited has a workforce of 75 employees on its EPFO records as of Nov 27, 2024, across 1 active EPFO establishment.
GST
Atul Projects India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA5921P1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Atul Projects India Private Limited, buy the company report.
Recent activity
Atul Projects India Private Limited has 7 board changes on record since 2007: 4 appointments and 3 cessations. The latest: Akhil Ahuja was appointed as Irp/Rp/Liquidator on 26 Apr 2024.
47 earlier events are in the company report.
Frequently asked questions
Atul Projects India 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 28 August 2007 (19+ years old) and is registered under CIN U45200MH2007PTC173576.
Atul Projects India has 4 current directors:
- Atul Nathabhai Patel - Director
- Aakash Atul Patel - Director
- Aayush Patel Atul - Director
- Akhil Ahuja - Irp/Rp/Liquidator
The latest financial statements of Atul Projects India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Atul Projects India is 27AAGCA5921P1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Atul Projects India is U45200MH2007PTC173576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atul Projects India has 287 court cases on record: 148 filed by the company and 139 filed against it. 67 are pending. Most are in the high courts.
Atul Projects India was incorporated on 28 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Atul Projects India has 4 deals on record (4 secondary share transfers); the latest was in September 2015.
The peers of Atul Projects India by revenue are Sonam Spark Infra Limited, Shree Saibaba Grihanirmiti Private Limited, Doon Buildcon Private Limited, Darshita Hi-Rise Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Akhil Ahuja was appointed as Irp/Rp/Liquidator on 26 Apr 2024. Nathalal Bhagwanji Delwadia Patel ceased to be Director on 16 Aug 2023. Aayush Patel Atul was appointed as Director on 02 Jan 2019. Atul Projects India has 7 board changes on record in total.
Atul Projects India has 8 MSME Form 1 returns on record between 2019 and 2024, listing 398 overdue payments to 60 micro and small suppliers. The latest return was filed on 11 Jun 2024.
Atul Projects India can be reached through the website atulprojects.com. Its registered office is in Mumbai, Maharashtra, India.