MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0025761
Evercon Developers Private Limited - real estate and construction in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.51 Cr
▼ 55% YoY
Net loss · FY 2025
₹2.19 Cr
Net margin -23%
EBITDA · FY 2025
₹40.83 Lakh
EBITDA margin 4.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹30.25 Cr
Satisfied ₹70.17 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
1
Provident fund records
About Evercon Developers Private Limited
Data last updated:
Evercon Developers Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ1996PTC029429. Its GSTIN is 24AAACO2484K2ZC (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Om Kirti Construction Private Limited. It is led by directors Dineshkumar Popatbhai Sorathia and Bharatkumar Girjashanker Joshi.
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 Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.51 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹2.19 Cr (net margin -23%) and EBITDA of ₹40.83 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Evercon Developers. As per MCA filings, the company has open charges of ₹30.25 Cr and satisfied charges of ₹70.17 Cr on record.
Evercon Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0025761). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evercon.in.
Company details
CIN U45200GJ1996PTC029429
Registration Number 029429
Incorporation Date 22 April 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0025761
Recognitions & Rankings of Evercon Developers
Contact details
Evercon Developers Private Limited's registered office is in Rajkot, Gujarat. Its website is evercon.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTwin Star South Block Office No.2101 & 2102, Near Nana Mava Circle 150 Feet Ring Road, Rajkot, Gujarat, India – 360004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Evercon Developers Private Limited, buy the company report.
Comprehensive company report
Evercon Developers Private Limited - one report that includes everything
- 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
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Brands
Evercon Developers operates one associated brand: EVERCON DEVELOPERS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development and sustainable spaces in Rajkot, Gujarat. | evercon.in |
Business activity
The main business activity of Evercon Developers 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 Evercon Developers Private Limited, buy the company report.
Financials of Evercon Developers Private Limited
FY 2025 filings availableEvercon Developers Private Limited reported revenue of ₹9.51 Cr (down 55% YoY) for FY 2025.
Revenue · FY 2025
₹9.51 Cr ▼ 55%
Net loss · FY 2025
₹2.19 Cr margin -23%
EBITDA · FY 2025
₹40.83 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 16%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 54%
5 years · compounded
▼ 55%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 55% fall in the latest year. EBITDA fell 51% 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 | ₹40.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.19 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 4.3% | ||||
| Net Profit Margin | -23% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Evercon Developers Private Limited, buy the company report.
Board of directors of Evercon Developers Private Limited
Evercon Developers has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dineshkumar Popatbhai Sorathia | Director | 21 May 1996 | 30 Years 5 Months | Current |
| Bharatkumar Girjashanker Joshi | Director | 21 May 1996 | 30 Years 5 Months | Current |
Peer comparison
Evercon Developers 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 |
|---|---|---|---|---|---|---|
| Ved Heights Builders and Developers Private Limited | ₹9.52 Cr (FY 2024) | 10.0% | Jaipur, Rajasthan, India | |||
| Evercon Developers Private Limitedthis company | ₹9.51 Cr (FY 2025) | -₹2.19 Cr | -23% | -55.0% | 1 | Rajkot, Gujarat, India |
| Sunland Ventures Private Limited | ₹9.51 Cr (FY 2025) | -31.0% | Bangalore, Karnataka, India | |||
| Akshaya Signature Homes Private Limited | ₹9.51 Cr (FY 2024) | 3.0% | Chennai, Tamil Nadu, India | |||
| S D Construction Pvt Ltd | ₹9.51 Cr (FY 2025) | -5.0% | Sakltlake, West Bengal, India |
To see the full peer comparison of Evercon Developers Private Limited, buy the company report.
Auditor
Evercon Developers Private Limited is audited by D. J. RUPARELIYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. J. RUPARELIYA & ASSOCIATES | FY 2023 | 127066W |
Shareholding
The shareholding of Evercon Developers 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 Evercon Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.25 Cr
Satisfied charges
₹70.17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2023 | 100799262 | Indian Bank | ₹25 Cr | Open | |
| 15 Mar 2023 | 100708250 | Others | ₹1.47 Cr | Open | |
| 15 Mar 2023 | 100708253 | Others | ₹1.27 Cr | Open | |
| 15 Mar 2023 | 100708257 | Others | ₹1.27 Cr | Open | |
| 08 Aug 2022 | 100644357 | Hdfc Bank Limited | ₹12.49 Lakh | Open |
To see the full charge records of Evercon Developers Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Evercon Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evercon Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evercon Developers Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
GST
Evercon Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO2484K2ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Evercon Developers Private Limited, buy the company report.
Recent activity
Evercon Developers Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Bharatkumar Girjashanker Joshi was appointed as Director on 21 May 1996.
AGM
Evercon Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Bank of Rs. 2,500.00 Lakh registered on 18 Oct 2023 with Charge ID 100799262 was modified on 08 Apr 2025.
Filing
Evercon Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Indian Bank amounted to Rs. 2,500.00 Lakh with Charge ID 100799262 was registered on 18 Oct 2023.
Charges
A charge registered on 02 Apr 2019 via Charge ID 100256998 with Others was fully satisfied on 06 Oct 2023.
Charges
A charge with Others amounted to Rs. 147.00 Lakh with Charge ID 100708250 was registered on 15 Mar 2023.
Charges
A charge with Others amounted to Rs. 126.50 Lakh with Charge ID 100708253 was registered on 15 Mar 2023.
Charges
A charge with Others amounted to Rs. 126.50 Lakh with Charge ID 100708257 was registered on 15 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.49 Lakh with Charge ID 100644357 was registered on 08 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 58.69 Lakh with Charge ID 100562273 was registered on 25 Mar 2022.
Charges
A charge with Others of Rs. 4,500.00 Lakh registered on 02 Apr 2019 with Charge ID 100256998 was modified on 23 Dec 2019.
Charges
A charge with Others amounted to Rs. 53.77 Lakh with Charge ID 100269261 was registered on 24 May 2019.
8 earlier events are in the company report.
Frequently asked questions
Evercon Developers is an active private limited company based in Rajkot, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 April 1996 (30+ years old) and is registered under CIN U45200GJ1996PTC029429.
Evercon Developers has 2 current directors:
- Dineshkumar Popatbhai Sorathia - Director
- Bharatkumar Girjashanker Joshi - Director
The latest financial statements of Evercon Developers 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 Evercon Developers is 24AAACO2484K2ZC, registered in Gujarat. 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 Evercon Developers is U45200GJ1996PTC029429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evercon Developers was incorporated on 22 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Evercon Developers by revenue are Ved Heights Builders and Developers Private Limited, Sunland Ventures Private Limited, Akshaya Signature Homes Private Limited, S D Construction Pvt Ltd, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Bharatkumar Girjashanker Joshi was appointed as Director on 21 May 1996. Dineshkumar Popatbhai Sorathia was appointed as Director on 21 May 1996.
Yes, Evercon Developers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0025761).
Evercon Developers can be reached through the website evercon.in. Its registered office is in Rajkot, Gujarat, India.
The registered office of Evercon Developers is at Twin Star South Block Office No.2101 & 2102, Near Nana Mava Circle 150 Feet Ring Road, Rajkot, Gujarat, India – 360004.
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