Cornelian Properties Private Limited
About Cornelian Properties Private Limited
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Cornelian Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 21 May 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1974PTC017476. Its GSTIN is 27AABCC5252E2ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Amishi Paras Mehta and Pravinchandra Sevantilal Sheth.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 104 August Kranti Marg, Mumbai, Maharashtra, India – 400036.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.37 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹10.48 Lakh (net margin -64%) and EBITDA of -₹10.27 Lakh (EBITDA margin -62.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
Court records list 15 cases involving the company, including 6 filed by the company and 9 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cornelian Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address104 August Kranti Marg, Mumbai, Maharashtra, India – 400036
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Cornelian Properties 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 Cornelian Properties is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Cornelian Properties Private Limited, buy the company report.
Financials of Cornelian Properties Private Limited
FY 2025 filings availableCornelian Properties Private Limited reported revenue of ₹16.37 Lakh (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 22% fall in the latest year. EBITDA fell 232% 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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| EBITDA | -₹10.27 Lakh | ||||
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| Net Profit (PAT) | -₹10.48 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | -62.7% | ||||
| Net Profit Margin | -64% | ||||
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To see the full financial statements and ratios of Cornelian Properties Private Limited, buy the company report.
Board of directors of Cornelian Properties Private Limited
Cornelian Properties has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amishi Paras Mehta | Director | 13 Aug 2016 | 10 Years 2 Months | Current |
| Pravinchandra Sevantilal Sheth | Director | 23 Oct 2016 | 10 Years 0 Months | Current |
| Devang Jayantilal Desai | Director | 23 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Cornelian Properties Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Endri Infratech Private Limited | ₹16.41 Lakh (FY 2024) | 8.0% | Kishan Garh New, Delhi, India | |||
| Carlton Builders and Engineers Private Limited | ₹16.39 Lakh (FY 2025) | 427.0% | Mumbai, Maharashtra, India | |||
| Rentpaa Realty Rental Solution Private Limited | ₹16.38 Lakh (FY 2025) | Dadri, Uttar Pradesh, India | ||||
| Cornelian Properties Private Limitedthis company | ₹16.37 Lakh (FY 2025) | -₹10.48 Lakh | -64% | -22.0% | Mumbai, Maharashtra, India | |
| Subhjyot Properties Private Limited | ₹16.3 Lakh (FY 2025) | 29.0% | New Delhi, Delhi, India |
To see the full peer comparison of Cornelian Properties Private Limited, buy the company report.
Auditor
Cornelian Properties Private Limited is audited by STJ & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| STJ & Associates | FY 2023 | 136462W |
Shareholding
The shareholding of Cornelian Properties 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 Cornelian Properties Private Limited, buy the company report.
Legal cases
Cornelian Properties Private Limited has 15 court cases on record: 6 filed by Cornelian Properties, 9 filed against it. 4 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 0 |
| District courts | 4 | 3 | 2 |
| NCLAT | 2 | 2 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by The Assistant Registrar of Companies | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by The Asstt. Registrar of Companies | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by individuals | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by individuals | Disposed |
To see the full case history of Cornelian Properties 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
No delayed payments to MSME suppliers are on our record for Cornelian Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cornelian Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC5252E2ZY | Maharashtra | Active | 31 Oct 2017 |
To see the full GST registrations and return filing status of Cornelian Properties Private Limited, buy the company report.
Recent activity
Cornelian Properties Private Limited has 21 board changes on record since 2011: 3 appointments and 18 cessations. The latest: Ajit Mahadeo Vaze ceased to be Director on 26 Jul 2018.
12 earlier events are in the company report.
Frequently asked questions
Cornelian Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 21 May 1974 (52+ years old) and is registered under CIN U45200MH1974PTC017476.
Cornelian Properties has 3 current directors:
- Amishi Paras Mehta - Director
- Pravinchandra Sevantilal Sheth - Director
- Devang Jayantilal Desai - Director
The latest financial statements of Cornelian Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cornelian Properties is 27AABCC5252E2ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Cornelian Properties is U45200MH1974PTC017476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornelian Properties has 15 court cases on record: 6 filed by the company and 9 filed against it. 4 are pending. Most are in the high courts.
Cornelian Properties was incorporated on 21 May 1974, making it 52+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Cornelian Properties by revenue are Endri Infratech Private Limited, Carlton Builders and Engineers Private Limited, Rentpaa Realty Rental Solution Private Limited, Subhjyot Properties Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities).
Ajit Mahadeo Vaze ceased to be Director on 26 Jul 2018. Amishi Paras Mehta ceased to be Additional Director on 30 Sep 2017. Devang Jayantilal Desai ceased to be Additional Director on 30 Sep 2017. Cornelian Properties has 21 board changes on record in total.
The registered office of Cornelian Properties is at 104 August Kranti Marg, Mumbai, Maharashtra, India – 400036.
Cornelian Properties operates in the financial services industry, in the real estate financing segment.