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 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is B Chopda Construction Private Limited with revenue of ₹83.76 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.
Name History of Atul Projects India Private Limited
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 of Atul Projects India Private Limited
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 |
- EmailLocked
- TelephoneLocked
- 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
- 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
- One PDF report, delivered after checkout
Associated Brands with Atul Projects India Private Limited
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 of Atul Projects India Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Atul Projects India Private Limited FY 2025 filings available
Atul Projects India Private Limited reported revenue of ₹83.67 Cr (up 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Atul Projects India Private Limited
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 of Atul Projects India Private Limited
| 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 | ₹32.97 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.2 Cr | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Atul Projects India Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Atul Projects India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 5 Months | Current |
Peer Comparison of Atul Projects India Private Limited
Atul Projects India Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B Chopda Construction Private Limited | ₹83.76 Cr (FY 2023) | •••• | •••• | 113.0% | •••• | Mumbai, Maharashtra, India |
| SRV Automotives Private Limited | ₹83.72 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Delhi, India |
| 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 Limited this company | ₹83.67 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Mumbai, Maharashtra, India |
| Darshita Hi-Rise Private Limited | ₹83.64 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Bangalore, Karnataka, India |
| Tdi Realcon Private Limited | ₹83.6 Cr (FY 2024) | •••• | •••• | 830.0% | •••• | New Delhi, Delhi, India |
| Suninfra Realcon Private Limited | ₹83.54 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Valsad, Gujarat, India |
| Appolo Traexim Private Limited | ₹83.53 Cr (FY 2025) | •••• | •••• | 144446.0% | •••• | New Delhi, Delhi, India |
| Natureresidences Development Private Limited | ₹83.53 Cr (FY 2025) | •••• | •••• | 244670.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Atul Projects India by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Atul Projects India Private Limited
Atul Projects India Private Limited is audited by KEVIN SHAH & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KEVIN SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Atul Projects India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Atul Projects India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Apr 2026 | Hdfc Bank Limited | ₹54 Cr | Open |
| 02 Apr 2026 | Hdfc Bank Limited | ₹20 Cr | Open |
| 30 Mar 2026 | Others | ₹60 Cr | Open |
| 17 Oct 2025 | Hdfc Bank Limited | ₹70 Lakh | Open |
| 08 Oct 2025 | Others | ₹150 Cr | Open |
Total charge records: 29 View all charges
Deals & Funding of Atul Projects India Private Limited
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 |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Atul Projects India Private Limited
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 |
Full case history
All 287 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Atul Projects India Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Atul Projects India Private Limited
Atul Projects India Private Limited has a workforce of 75 employees as of Nov 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Atul Projects India Private Limited
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 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Atul Projects India Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Atul Projects India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Atul Projects India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Atul Projects India Private Limited
Atul Projects India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA5921P1Z9 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Atul Projects India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Atul Projects India Private Limited
Frequently Asked Questions about Atul Projects India Private Limited
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 reported revenue of ₹83.67 Cr for FY 2025 (up 54% YoY).
Atul Projects India has 4 current directors:
- Atul Nathabhai Patel - Director
- Aakash Atul Patel - Director
- Aayush Patel Atul - Director
- Akhil Ahuja - Irp/Rp/Liquidator
Atul Projects India reported a net profit of ₹12.2 Cr (net margin 14.6%) and EBITDA of ₹32.97 Cr (EBITDA margin 39.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Atul Projects India is 37% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 54%. CAGR is the steady yearly rate that links the first and the last year.
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 B Chopda Construction Private Limited, SRV Automotives Private Limited, Sonam Spark Infra Limited, Shree Saibaba Grihanirmiti Private Limited, Doon Buildcon Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
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.