About Darvesh Properties Private Limited
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Darvesh Properties 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 29 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1988PTC048293. Its GSTIN is 27AAACD1670J1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹4.86 Lakh. It is led by directors Mahebub Usman Darvesh and Saquib Mohamed Shafi Rangila.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.82 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹1.04 Cr and EBITDA of -₹1.09 Cr. Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 53% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24 Lakh and satisfied charges of ₹199.05 Cr on record. Court records list 39 cases involving the company, including 3 filed by the company and 36 filed against it; 10 cases are 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 darveshgroup.com.
Company details
Contact details
Darvesh Properties Private Limited's registered office is in Mumbai, Maharashtra. Its website is darveshgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice 302 & 303 Amore Edge 3rd Floor, Sv Road Near Rajasthan Hotel Khar West, Mumbai, Maharashtra, India – 400052
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Darvesh 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
Financials of Darvesh Properties Private Limited
FY 2025 filings availableDarvesh Properties Private Limited reported revenue of ₹5.82 Lakh (down 91% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 91% fall in the latest year. EBITDA fell 77% 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 | -₹1.09 Cr | ||||
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| Net Profit (PAT) | -₹1.04 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 Darvesh Properties Private Limited, buy the company report.
Board of directors of Darvesh Properties Private Limited
Darvesh Properties has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahebub Usman Darvesh Also directs: Darvesh Realty LLP, Insignia Properties Private Limited, Darvesh Infrastructures Private Limited and 2 more | Director | 17 Jun 1993 | 33 Years 4 Months | Current |
| Saquib Mohamed Shafi Rangila Also directs: Darvesh Infrastructures Private Limited | Additional Director | 20 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Darvesh Properties Private 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 (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| T N Properties Private Limited | ₹5.83 Lakh (FY 2025) | 12.0% | Delhi, India | |||
| Harsh Builders Private Limited | ₹5.82 Lakh (FY 2017) | 2358.0% | Dhanbad, Jharkhand, India | |||
| Darvesh Properties Private Limitedthis company | ₹5.82 Lakh (FY 2025) | -₹1.04 Cr | -91.0% | 11 | Mumbai, Maharashtra, India | |
| Salton Developers Private Limited | ₹5.82 Lakh (FY 2025) | -76.0% | New Delhi, Delhi, India |
To see the full peer comparison of Darvesh Properties Private Limited, buy the company report.
Auditor
Darvesh Properties Private Limited is audited by A P & COMPANY CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P & COMPANY CHARTERED ACCOUNTANTS | FY 2023 | 100040W |
Shareholding
The shareholding of Darvesh 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 Darvesh Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2018 | 100207198 | Others | ₹24 Lakh | Open | |
| 21 May 2018 | 100179552 | Others | ₹5.25 Cr | Satisfied | |
| 31 Mar 2016 | 100018713 | Others | ₹1.8 Cr | Satisfied | |
| 31 Mar 2016 | 100019245 | Others | ₹5 Cr | Satisfied | |
| 28 Oct 2015 | 10608784 | Others | ₹102.35 Cr | Satisfied |
To see the full charge records of Darvesh Properties Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Darvesh Properties Private Limited has 39 court cases on record: 3 filed by Darvesh Properties, 36 filed against it. 10 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 22 | 8 |
| District courts | 15 | 14 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Ms Westin Infra World Pvt Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Vistra Itcl (India) Limited | Pending |
| Bombay High Court | Court case (CPCD) | Filed against the company by Vistra Itcl India Limited | Pending |
| Bombay High Court | Commercial suit | Filed against the company by Vistra Itcl India Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Vistra Itcl India Ltd. | Pending |
To see the full case history of Darvesh 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
Darvesh Properties Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 320 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ecoshine Facility Solution LLP | |||
| Shine Cleaning Services | |||
| an individual supplier | |||
| an individual supplier | |||
| Structwel Designers and Consultants Private Limited |
To see the full MSME payment records of Darvesh Properties Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Darvesh Properties Private Limited has a workforce of 11 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Darvesh Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1670J1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Darvesh Properties Private Limited, buy the company report.
Recent activity
Darvesh Properties Private Limited has 4 board changes on record since 1988: 3 appointments and 1 cessation. The latest: Saquib Mohamed Shafi Rangila was appointed as Additional Director on 20 Jul 2025.
15 earlier events are in the company report.
Frequently asked questions
Darvesh Properties 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 29 July 1988 (38+ years old) and is registered under CIN U70100MH1988PTC048293.
Darvesh Properties has 2 current directors:
- Mahebub Usman Darvesh - Director
- Saquib Mohamed Shafi Rangila - Additional Director
The latest financial statements of Darvesh 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 Darvesh Properties is 27AAACD1670J1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Darvesh Properties is U70100MH1988PTC048293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Darvesh Properties has 39 court cases on record: 3 filed by the company and 36 filed against it. 10 are pending. Most are in the high courts.
Darvesh Properties was incorporated on 29 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Darvesh Properties by revenue are T N Properties Private Limited, Harsh Builders Private Limited, Salton Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Saquib Mohamed Shafi Rangila was appointed as Additional Director on 20 Jul 2025. Mohamednadeem Usman Darvesh ceased to be Director on 10 Nov 2022. Mahebub Usman Darvesh was appointed as Director on 17 Jun 1993. Darvesh Properties has 4 board changes on record in total.
Darvesh Properties has 6 MSME Form 1 returns on record between 2019 and 2023, listing 320 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Darvesh Properties can be reached through the website darveshgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Darvesh Properties is at Office 302 & 303 Amore Edge 3rd Floor, Sv Road Near Rajasthan Hotel Khar West, Mumbai, Maharashtra, India – 400052.