Elegance Skyz Private Limited
About Elegance Skyz Private Limited
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Elegance Skyz 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 16 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2008PTC054497. Its GSTIN is 24AACCE0138L1ZW (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Binitaben Darshanbhai Patel and Darshanbhai Patel Manubhai.
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 L – 1 Swagat Complex C.G. Road, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.44 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Cr (net margin 44.6%) and EBITDA of ₹3.35 Cr (EBITDA margin 52.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 35% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.8 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Elegance Skyz Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressL – 1 Swagat Complex C.G. Road, Ahmedabad, Gujarat, India – 380006
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Elegance Skyz 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 Elegance Skyz 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 Elegance Skyz Private Limited, buy the company report.
Financials of Elegance Skyz Private Limited
FY 2025 filings availableElegance Skyz Private Limited reported revenue of ₹6.44 Cr (up 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 73% growth in the latest year. EBITDA rose 327% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.35 Cr | ||||
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| Net Profit (PAT) | ₹2.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 52.1% | ||||
| Net Profit Margin | 44.6% | ||||
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To see the full financial statements and ratios of Elegance Skyz Private Limited, buy the company report.
Board of directors of Elegance Skyz Private Limited
Elegance Skyz 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 |
|---|---|---|---|---|
| Binitaben Darshanbhai Patel Also directs: MZ Infrastructure LLP, Manubhai Zaveri Ornaments Private Limited | Director | 13 Jan 2017 | 9 Years 9 Months | Current |
| Darshanbhai Patel Manubhai | Director | 16 Jul 2008 | 18 Years 3 Months | Current |
Peer comparison
Elegance Skyz 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 |
|---|---|---|---|---|---|---|
| Neev Real Estate Private Limited | ₹6.45 Cr (FY 2025) | 269.0% | New Delhi, Delhi, India | |||
| Bhilwara Constructions Private Limited | ₹6.44 Cr (FY 2025) | 111.0% | Bhilwara, Rajasthan, India | |||
| Elegance Skyz Private Limitedthis company | ₹6.44 Cr (FY 2024) | ₹2.87 Cr | 44.6% | 73.0% | 2 | Ahmedabad, Gujarat, India |
| Sky India Infrastructure Private Limited | ₹6.44 Cr (FY 2025) | 30.0% | Ahmedabad, Gujarat, India | |||
| Ufactor Properties Private Limited | ₹6.44 Cr (FY 2024) | 134.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Elegance Skyz Private Limited, buy the company report.
Auditor
Elegance Skyz Private Limited is audited by PIPARA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIPARA & CO LLP | FY 2023 | 107929W/W100219 |
Shareholding
The shareholding of Elegance Skyz 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 Elegance Skyz Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2025 | 101097137 | Axis Bank Limited | ₹80 Lakh | Open | |
| 16 Dec 2024 | 101020670 | Others | ₹8 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Elegance Skyz Private Limited has 4 court cases on record: 2 filed by Elegance Skyz, 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax 2 | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Deputy Commissioner of Income Tax, Central Circle 1( | Pending |
To see the full case history of Elegance Skyz 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 Elegance Skyz Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elegance Skyz Private Limited has a workforce of 2 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Elegance Skyz has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCE0138L1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elegance Skyz Private Limited, buy the company report.
Recent activity
Elegance Skyz Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Ketan Ratilal Patel ceased to be Director on 31 Mar 2017.
Frequently asked questions
Elegance Skyz 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 16 July 2008 (18+ years old) and is registered under CIN U45201GJ2008PTC054497.
Elegance Skyz has 2 current directors:
- Binitaben Darshanbhai Patel - Director
- Darshanbhai Patel Manubhai - Director
The latest financial statements of Elegance Skyz 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 Elegance Skyz is 24AACCE0138L1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Elegance Skyz is U45201GJ2008PTC054497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegance Skyz has 4 court cases on record: 2 filed by the company and 2 filed against it. 4 are pending.
Elegance Skyz was incorporated on 16 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Elegance Skyz by revenue are Neev Real Estate Private Limited, Bhilwara Constructions Private Limited, Sky India Infrastructure Private Limited, Ufactor Properties Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ketan Ratilal Patel ceased to be Director on 31 Mar 2017. Shitalbhai Devendrabhai Patel ceased to be Additional Director on 31 Mar 2017. Binitaben Darshanbhai Patel was appointed as Director on 13 Jan 2017. Elegance Skyz has 4 board changes on record in total.
The registered office of Elegance Skyz is at L – 1 Swagat Complex C.G. Road, Ahmedabad, Gujarat, India – 380006.
Elegance Skyz operates in the real estate and construction industry, in the real estate builders and developers segment.
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