Ceres Estate Limited
About Ceres Estate Limited
Data last updated:
Ceres Estate Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Indiabulls Real Estate Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2006PLC309315.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹75 Cr. It was formerly known as Ceres Estate Private Limited. It is led by directors including Jeet Singh (Whole-Time Director) and Amit Roshan Bhagat.
Its last annual general meeting (AGM) was held on 24 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 ₹12.06 Lakh. For the same year it recorded a net loss of ₹94.7 Cr and EBITDA of -₹94.7 Cr. Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 62% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ceres Estate has one previous CIN (Corporate Identification Number): U70109DL2006PLC151648. The current CIN is U70109MH2006PLC309315, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109MH2006PLC309315 | Current |
| U70109DL2006PLC151648 | Previous |
Contact details
Ceres Estate Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOne International Center Tower – 1 4th Floor S. B. Marg Elphin, Stone (W), Mumbai, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ceres Estate 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 Ceres Estate Limited
FY 2025 filings availableCeres Estate Limited reported revenue of ₹12.06 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹94.7 Cr | ||||
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| Net Profit (PAT) | -₹94.7 Cr | ||||
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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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To see the full financial statements and ratios of Ceres Estate Limited, buy the company report.
Board of directors and KMP of Ceres Estate Limited
Ceres Estate Limited currently reports 3 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Roshan Bhagat Also directs: Vindhyachal Land Development Limited, Citra Properties Limited, Parmida Properties Limited and 5 more | Director | 17 May 2023 | 3 Years 5 Months | Current |
| Jai Bhagwan Also directs: Vindhyachal Buildwell Limited, Ceres Infrastructure Limited, Ceres Properties Limited and 5 more | Director | 22 Jun 2022 | 4 Years 4 Months | Current |
| Jeet Singh Also directs: Lenus Properties Limited, Varali Properties Limited, Vindhyachal Buildwell Limited and 5 more | Whole-Time Director | 22 Jun 2022 | 4 Years 4 Months | Current |
| Amit Jayawant Bhoite Also directs: Sepset Developers Limited, Mariana Properties Limited, Lenus Infrastructure Limited and 4 more | Cfo | 01 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Ceres Estate Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Sristi Abasan Private Limited | ₹12.07 Lakh (FY 2023) | 9.0% | Howrah, West Bengal, India | |||
| Ceres Estate Limitedthis company | ₹12.06 Lakh (FY 2025) | -₹94.7 Cr | Mumbai, Maharashtra, India | |||
| Malaparamba Commercial Complex Private Limited | ₹12.06 Lakh (FY 2018) | Kozhikode, Kerala, India | ||||
| Modi Nirman Private Limited | ₹12.06 Lakh (FY 2025) | -33.0% | Jharkhand, India |
To see the full peer comparison of Ceres Estate Limited, buy the company report.
Auditor
Ceres Estate Limited is audited by Agarwal Prakash & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agarwal Prakash & Co | FY 2022 | 005975N |
Shareholding
The shareholding of Ceres Estate Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ceres Estate Limited, buy the company report.
Legal cases
Ceres Estate Limited has 3 court cases on record: 3 filed by Ceres Estate. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (COMP.APPL) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ceres Estate 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 Ceres Estate 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 Ceres Estate Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ceres Estate Limited has 23 board changes on record since 2010: 4 appointments and 19 cessations. The latest: Amit Roshan Bhagat ceased to be Additional Director on 26 Sep 2023.
14 earlier events are in the company report.
Frequently asked questions
Ceres Estate is an active public 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 05 August 2006 (20+ years old) and is registered under CIN U70109MH2006PLC309315.
Ceres Estate has 4 current directors and KMP:
- Jeet Singh - Whole-Time Director
- Amit Roshan Bhagat - Director
- Jai Bhagwan - Director
- Amit Jayawant Bhoite - Cfo
The latest financial statements of Ceres Estate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ceres Estate is U70109MH2006PLC309315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ceres Estate has 3 court cases on record: 3 filed by the company.
Ceres Estate was incorporated on 05 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ceres Estate by revenue are Sristi Abasan Private Limited, Malaparamba Commercial Complex Private Limited, Modi Nirman Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Amit Roshan Bhagat ceased to be Additional Director on 26 Sep 2023. Amit Roshan Bhagat was appointed as Director on 17 May 2023. Jai Bhagwan ceased to be Additional Director on 24 Sep 2022. Ceres Estate has 23 board changes on record in total.
The registered office of Ceres Estate is at One International Center Tower – 1 4th Floor S. B. Marg Elphin, Stone W, Mumbai, Maharashtra, India – 400013.
Ceres Estate operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Ceres Estate is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.