About Avarsekar Realty Private Limited
Data last updated: 22 July 2025
Avarsekar Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shristi Infrastructure Development Corporation Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 12 December 2012, the company has been in operation for over 14 years.
Registered with ROC Mumbai under CIN U70100MH2012PTC238711.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jaidip Basu and Susmit Das.
Last AGM: 30 November 2021. Financial statements filed for year ended 31 March 2021. Office: Plot – 695/697 64C Sitladevi Temple Road Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.27 Lakh, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 5 employees as per the latest available data. It operates as a subsidiary of Shristi Infrastructure Development Corporation Limited.
As per MCA filings, the company has open charges of ₹300 Cr and satisfied charges of ₹37.71 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is shristicorp.com.
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Registered AddressPlot – 695/697 64C Sitladevi Temple Road Mahim, Mumbai, Maharashtra, India – 400016
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
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Business Activity of Avarsekar Realty Private Limited
Avarsekar Realty Private Limited is engaged in the principal business activity of real estate activities, with detailed activities including real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details for Avarsekar Realty Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Avarsekar Realty Private Limited
Avarsekar Realty Private Limited is audited by R B S C & CO for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R B S C & CO | Locked | Locked | Locked |
Complete auditor history for Avarsekar Realty Private Limited
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Board of Directors of Avarsekar Realty Private Limited
Avarsekar Realty Private Limited is currently managed by 2 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaidip Basu | Nominee Director | 01 Jul 2023 | 3 Years 1 Months | As last reported |
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Susmit Das
Also directs:
Goldensons Construction Private Limited, Samgrahah Commercial Private Limited, Param Commercial Privtae Limited and 5 more
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Director | 01 Jul 2023 | 3 Years 1 Months | As last reported |
Financials of Avarsekar Realty Private Limited FY 2021 filings available
Avarsekar Realty Private Limited reported revenue of ₹10.27 Lakh (up 474.00% YoY) for FY 2025.
Ten-year financial statements for Avarsekar Realty Private Limited
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Ownership and Shareholding of Avarsekar Realty Private Limited
Shareholding and ownership data for Avarsekar Realty Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Charges & Borrowings of Avarsekar Realty Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2020 | Others | ₹200 Cr | Open |
| 23 Aug 2013 | L&T Infrastructure Finance Company Limited | ₹100 Cr | Open |
| 01 Jul 2019 | Others | ₹4.71 Cr | Satisfied |
| 07 May 2013 | Bajaj Finance Limited | ₹33 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Avarsekar Realty Private Limited
Avarsekar Realty Private Limited has a workforce of 5 employees as of Apr 05, 2024.
Employee and EPFO history for Avarsekar Realty Private Limited
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GST Compliance of Avarsekar Realty Private Limited
GST registrations and filing compliance for Avarsekar Realty Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Avarsekar Realty Private Limited
Credit ratings, litigation, and regulatory alerts for Avarsekar Realty Private Limited
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MSME Payment Delays by Avarsekar Realty Private Limited
MSME payment history for Avarsekar Realty Private Limited
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Subsidiaries & Group Companies of Avarsekar Realty Private Limited
Corporate group structure for Avarsekar Realty Private Limited
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MCA Filings & Documents of Avarsekar Realty Private Limited
MCA filings and documents for Avarsekar Realty Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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Recent Activity on Avarsekar Realty Private Limited
Frequently Asked Questions about Avarsekar Realty Private Limited
Avarsekar Realty Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Avarsekar Realty Private Limited is a company under insolvency, formerly operating as a private limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 12 December 2012 and is registered under CIN U70100MH2012PTC238711. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Avarsekar Realty Private Limited reported revenue of ₹10.27 Lakh for FY 2025 (up 474.00% YoY).
The current directors of Avarsekar Realty Private Limited are:
- Jaidip Basu - Nominee Director
- Susmit Das - Director
The CIN (Corporate Identification Number) of Avarsekar Realty Private Limited is U70100MH2012PTC238711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avarsekar Realty Private Limited has open charges of ₹300 Cr and satisfied charges of ₹37.71 Cr as per latest MCA filings.