About Classic Build Projects Private Limited
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Classic Build Projects Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2008PTC055519. Its GSTIN is 24AADCC5297M1Z9 (Gujarat).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹2.16 Cr. It is led by directors including Baracatali Bahadurali Narsihndani and Samimben Barkatali Narsidani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 6%) and EBITDA of ₹3.66 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹42.07 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is 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 classic.builders.
Company details
Contact details
Classic Build Projects Private Limited's registered office is in Ahmedabad, Gujarat. Its website is classic.builders. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressClassic Heights Tower A Shop – Ff – 102 Survey No 8/2/1 Nr Hotel Garden Sarkhej Road, Juhapura, Ahmedabad, Gujarat, India – 380055
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Classic Build Projects 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
Business activity
The main business activity of Classic Build Projects 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 Classic Build Projects Private Limited, buy the company report.
Financials of Classic Build Projects Private Limited
FY 2024 filings availableClassic Build Projects Private Limited reported revenue of ₹19.82 Cr (up 174% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 174% growth in the latest year. EBITDA rose 92% 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 | ₹3.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.18 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 | 18.5% | ||||
| Net Profit Margin | 6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Classic Build Projects Private Limited, buy the company report.
Board of directors of Classic Build Projects Private Limited
Classic Build Projects 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 |
|---|---|---|---|---|
| Baracatali Bahadurali Narsihndani Also directs: Classic Procon LLP | Director | 25 Nov 2008 | 17 Years 11 Months | Current |
| Samimben Barkatali Narsidani Also directs: Classic Procon LLP | Director | 25 Nov 2008 | 17 Years 11 Months | Current |
| Shaheer Barkatali Narsidani | Director | 13 Mar 2010 | 16 Years 7 Months | Current |
| Zeeshan Barkatali Narsidani | Director | 21 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Classic Build Projects 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 |
|---|---|---|---|---|---|---|
| Xrbia Chakan Developers Private Limited | ₹19.84 Cr (FY 2021) | -43.0% | Pune, Maharashtra, India | |||
| Classic Build Projects Private Limitedthis company | ₹19.82 Cr (FY 2025) | ₹1.18 Cr | 6% | 174.0% | Ahmedabad, Gujarat, India | |
| Sri Ganraj Buildcon Private Limited | ₹19.82 Cr (FY 2025) | Delhi, India | ||||
| Kesharinandan Prakalpa Private Limited | ₹19.81 Cr (FY 2025) | -9.0% | Bhubaneswar, Odisha, India | |||
| Roongta Buildcon Limited | ₹19.81 Cr (FY 2024) | 151.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Classic Build Projects Private Limited, buy the company report.
Auditor
Classic Build Projects Private Limited is audited by M R PANDHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R PANDHI & ASSOCIATES | FY 2023 | AABFM1229N |
Shareholding
The shareholding of Classic Build Projects 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 Classic Build Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 100983309 | Bank of India | ₹30 Cr | Open | |
| 28 Sep 2017 | 100140696 | State Bank of India | ₹10.42 Cr | Satisfied | |
| 27 May 2016 | 100032437 | State Bank of India | ₹10.42 Cr | Satisfied | |
| 08 Dec 2015 | 10605727 | State Bank of India | ₹10.42 Cr | Satisfied | |
| 24 Feb 2014 | 10480425 | Bank of Baroda | ₹10 Cr | Satisfied |
To see the full charge records of Classic Build Projects Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Classic Build Projects Private Limited has 7 court cases on record: 1 filed by Classic Build Projects, 6 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 2 | 0 |
| NCLT | 2 | 2 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by an individual | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by individuals | Disposed |
| District court, Ahmedabad, Gujarat | Court case (EXE R) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Classic Build Projects 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
Classic Build Projects Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 5 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Kohinoor Sales Corporation |
To see the full MSME payment records of Classic Build Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Classic Build Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC5297M1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Classic Build Projects Private Limited, buy the company report.
Recent activity
Classic Build Projects Private Limited has 7 board changes on record since 2008: 4 appointments and 3 cessations. The latest: Zeeshan Barkatali Narsidani ceased to be Additional Director on 30 Nov 2021.
13 earlier events are in the company report.
Frequently asked questions
Classic Build Projects is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 November 2008 (18+ years old) and is registered under CIN U45201GJ2008PTC055519.
Classic Build Projects has 4 current directors:
- Baracatali Bahadurali Narsihndani - Director
- Samimben Barkatali Narsidani - Director
- Shaheer Barkatali Narsidani - Director
- Zeeshan Barkatali Narsidani - Director
The latest financial statements of Classic Build Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Classic Build Projects is 24AADCC5297M1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Classic Build Projects is U45201GJ2008PTC055519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Build Projects has 7 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Classic Build Projects was incorporated on 25 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Classic Build Projects by revenue are Xrbia Chakan Developers Private Limited, Sri Ganraj Buildcon Private Limited, Kesharinandan Prakalpa Private Limited, Roongta Buildcon Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Zeeshan Barkatali Narsidani ceased to be Additional Director on 30 Nov 2021. Zeeshan Barkatali Narsidani was appointed as Director on 21 Aug 2021. Nilam Pravinbhai Patel ceased to be Director on 06 Dec 2012. Classic Build Projects has 7 board changes on record in total.
Classic Build Projects has 2 MSME Form 1 returns on record between 2018 and 2019, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 May 2019.
Classic Build Projects can be reached through the website classic.builders. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Classic Build Projects is at Classic Heights Tower A Shop – Ff – 102 Survey No 821 Nr Hotel Garden Sarkhej Road, Juhapura, Ahmedabad, Gujarat, India – 380055.
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