About E-City Real Estates Private Limited
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E-City Real Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of E-City Investments And Holdings Company Private Limited. It operates in the mall and retail management segment of the business services sector. It was incorporated on 29 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC152912. Its GSTIN is 27AAJCS5879F2ZR (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹40.01 Cr and a paid-up capital of ₹27.36 Cr. It was formerly known as Sath Sai Contractors Private Limited. It is led by directors Pratik Dhirajlal Mehta and Amit Handa.
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 Plot No. 844/4 Shah Industrial Estate Off. New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹115.89 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹11.98 Cr (net margin 10.3%) and EBITDA of ₹32.55 Cr (EBITDA margin 28.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
The company has about 55 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: E-City Ventures and Essel Group. As per MCA filings, the company has satisfied charges of ₹1,015.25 Cr on record. Court records list 28 cases involving the company, including 17 filed by the company and 11 filed against it; 5 cases are pending. The company has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹18.8 Cr; the latest was in March 2024. Its 6 peer companies in the Business Services industry (Mall Management), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 4 larger and 2 smaller; the largest is Quest Properties India Limited with revenue of ₹140.28 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 57 overdue payments to 22 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esselgroup.com.
Company details
Contact details
E-City Real Estates Private Limited's registered office is in Mumbai, Maharashtra. Its website is esselgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 844/4 Shah Industrial Estate Off. New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of E-City Real Estates 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
Brands
E-City Real Estates operates two associated brands: E-City Ventures and Essel Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manages malls, residential projects, and financial services for clients. | ecityventures.in | |
| Enterprise networking and idea management solution for entertainment industries | esselgroup.com |
Business activity
The main business activity of E-City Real Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of E-City Real Estates Private Limited, buy the company report.
Financials of E-City Real Estates Private Limited
FY 2025 filings availableE-City Real Estates Private Limited reported revenue of ₹115.89 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 43% 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 | ₹32.55 Cr | ||||
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| Net Profit (PAT) | ₹11.98 Cr | ||||
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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 | 28.1% | ||||
| Net Profit Margin | 10.3% | ||||
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To see the full financial statements and ratios of E-City Real Estates Private Limited, buy the company report.
Board of directors of E-City Real Estates Private Limited
E-City Real Estates has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Dhirajlal Mehta Also directs: E-City Titans LLP, E-City Hi-Tech Projects LLP, Affirmative Capital Private Limited and 2 more | Director | 21 Jun 2019 | 7 Years 4 Months | Current |
| Amit Handa Also directs: Studio Developers LLP, Affirmative Financial Services Private Limited, Avantminds Educational and Research Foundation and 1 more | Director | 22 May 2019 | 7 Years 5 Months | Current |
Peer comparison
E-City Real Estates Private Limited is compared with the 6 companies closest to it by revenue in the Business Services industry (Mall Management), 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 |
|---|---|---|---|---|---|---|
| Quest Properties India Limited | ₹140.28 Cr (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Insight Mall Developers Private Limited | ₹139.31 Cr (FY 2025) | -2.0% | Mahalaxmi, Maharashtra, India | |||
| Sheth Developers & Realtors (India) Limited | ₹123.82 Cr (FY 2022) | 18.0% | Thane, Maharashtra, India | |||
| Chitrali Properties Private Limited | ₹117.52 Cr (FY 2025) | 7.0% | Pune, Maharashtra, India | |||
| E-City Real Estates Private Limitedthis company | ₹115.89 Cr (FY 2025) | ₹11.98 Cr | 10.3% | -8.0% | 55 | Mumbai, Maharashtra, India |
| VR Surat Private Limited | ₹106.24 Cr (FY 2024) | 18.0% | Magdalla, Gujarat, India | |||
| Omr Mall Developers Private Limited | ₹105.16 Cr (FY 2025) | 24.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of E-City Real Estates Private Limited, buy the company report.
Auditor
E-City Real Estates Private Limited is audited by MGB & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGB & CO LLP | FY 2022 | 101169W |
Shareholding
The shareholding of E-City Real Estates 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 E-City Real Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2025 | 101217588 | Others | ₹100 Cr | Satisfied | |
| 11 Jun 2018 | 100189702 | Others | ₹100 Cr | Satisfied | |
| 31 Mar 2017 | 100099870 | Others | ₹30 Cr | Satisfied | |
| 25 Feb 2017 | 100099681 | Others | ₹20 Cr | Satisfied | |
| 28 Jul 2016 | 100042083 | Others | ₹65 Cr | Satisfied |
To see the full charge records of E-City Real Estates Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
E-City Real Estates Private Limited has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹18.8 Cr; the latest was in March 2024.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: E-City Investments and Holdings Company Private Limited , an individual |
| Mar 2011 | Funding round | ₹18 Cr | Investors: E-City Investments and Holdings Company Private Limited |
| Dec 2006 | Acquisition | Undisclosed | Buyer: E-City Realty Holdings Pvt. Ltd. Seller: 2 individuals |
To see the full deal history of E-City Real Estates Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
E-City Real Estates Private Limited has 28 court cases on record: 17 filed by E-City Real Estates, 11 filed against it. 5 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 8 | 2 |
| Supreme Court | 5 | 2 | 2 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0305-Arbitration Law and Other Alternative Dispute Resolution : Challenge to/enforcement of a foreign arbitral award) | Filed against the company by E-City Entertainment (I) Pvt. Limited | Pending |
| Supreme Court | Appeal | Filed by the company against Imax Corporation | Pending |
| District court, Lucknow, Uttar Pradesh | Civil suit | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Tamilnadu Generation and Distribution Corporation Ltd and 1 other | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Tamilnadu Generation and Distribution Corporation Ltd and 4 others | Pending |
To see the full case history of E-City Real Estates 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
E-City Real Estates Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 57 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rohansh Engineers & Associates | |||
| Greenfriend Waste Management Private Limited | |||
| Best Security Services Private Limited | |||
| Lotus Global | |||
| Trishul Facility & Services Private Limited |
To see the full MSME payment records of E-City Real Estates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
E-City Real Estates has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| E-City Exhibition Holding Private Limited | U55101MH2005PTC154334 | |
| E-City Entertainment (India) Private Limited | U92190MH1999PTC119879 | |
| E-City Property Management & Services Private Limited | U92190MH2005PTC154152 |
To see the full group structure of E-City Real Estates Private Limited, buy the company report.
Employees & EPFO
E-City Real Estates Private Limited has a workforce of 55 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 55 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of E-City Real Estates Private Limited, buy the company report.
GST
E-City Real Estates has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS5879F2ZR | Maharashtra | Active | 30 Jul 2017 |
| 09AAJCS5879F1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
| 33AAJCS5879F1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of E-City Real Estates Private Limited, buy the company report.
Recent activity
E-City Real Estates Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Amit Handa ceased to be Additional Director on 30 Sep 2019.
52 earlier events are in the company report.
News
Frequently asked questions
E-City Real Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in mall and retail management, within the business services industry. It was incorporated on 29 April 2005 (21+ years old) and is registered under CIN U45200MH2005PTC152912.
E-City Real Estates has 2 current directors:
- Pratik Dhirajlal Mehta - Director
- Amit Handa - Director
The latest financial statements of E-City Real Estates 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 E-City Real Estates is 27AAJCS5879F2ZR, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 09AAJCS5879F1ZQ (Uttar Pradesh), 33AAJCS5879F1ZZ (Tamil Nadu).
The CIN (Corporate Identification Number) of E-City Real Estates is U45200MH2005PTC152912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
E-City Real Estates has 28 court cases on record: 17 filed by the company and 11 filed against it. 5 are pending. Most are in the high courts.
E-City Real Estates was incorporated on 29 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
E-City Real Estates has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹18.8 Cr; the latest was in March 2024.
The peers of E-City Real Estates by revenue are Quest Properties India Limited, Insight Mall Developers Private Limited, Sheth Developers & Realtors (India) Limited, Chitrali Properties Private Limited, VR Surat Private Limited and 1 more, all in the Business Services industry (Mall Management), with the same principal business activity (real estate activities with own or leased property).
Amit Handa ceased to be Additional Director on 30 Sep 2019. Pratik Dhirajlal Mehta ceased to be Additional Director on 30 Sep 2019. Ankit Goel ceased to be Director on 21 Jun 2019. E-City Real Estates has 11 board changes on record in total.
E-City Real Estates has 9 MSME Form 1 returns on record between 2019 and 2023, listing 57 overdue payments to 22 micro and small suppliers. The latest return was filed on 29 Aug 2023.
E-City Real Estates can be reached through the website esselgroup.com. Its registered office is in Mumbai, Maharashtra, India.
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