Farewell Real Estates Private Limited
About Farewell Real Estates Private Limited
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Farewell Real Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of B-Right Realestate Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH1994PTC081027.
The company has an authorised share capital of ₹6.91 Cr and a paid-up capital of ₹6.91 Cr. It is led by directors including Sanjay Nathalal Shah and Patel Ghanshyambhai Nanjibhai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B/404 The Capital G – Block Bandra Kurla Complex, Behind Icici Bank Bandra East Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.37 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹6.67 Lakh (net margin -281%) and EBITDA of -₹6.24 Lakh (EBITDA margin -262.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Farewell Real Estates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB/404 The Capital G – Block Bandra Kurla Complex, Behind Icici Bank Bandra East Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Farewell 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
Business activity
The main business activity of Farewell Real Estates 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 |
Financials of Farewell Real Estates Private Limited
FY 2024 filings availableFarewell Real Estates Private Limited reported revenue of ₹2.37 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 6% growth in the latest year. EBITDA fell 391% 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 | -₹6.24 Lakh | ||||
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| Net Profit (PAT) | -₹6.67 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 | -262.9% | ||||
| Net Profit Margin | -281% | ||||
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To see the full financial statements and ratios of Farewell Real Estates Private Limited, buy the company report.
Board of directors of Farewell Real Estates Private Limited
Farewell Real Estates has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Nathalal Shah Also directs: B-Right Realestate Ventures LLP, BRV Leasing Andheri LLP, Socradamus Advisory Partners LLP and 5 more | Director | 18 Apr 2024 | 2 Years 6 Months | Current |
| Patel Ghanshyambhai Nanjibhai | Director | 18 Apr 2024 | 2 Years 6 Months | Current |
| Rahul Prakash Khedekar Also directs: Yogi Limited | Additional Director | 20 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Farewell Real Estates Private Limited is audited by Vipul M Gharpure & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vipul M Gharpure & Associates | FY 2023 | 157137W |
Shareholding
The shareholding of Farewell 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 Farewell Real Estates Private Limited, buy the company report.
Legal cases
Farewell Real Estates Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company | Disposed |
| Bombay High Court | Commercial suit | Filed against the company | Disposed |
To see the full case history of Farewell 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
No delayed payments to MSME suppliers are on our record for Farewell Real Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Farewell Real Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Farewell Real Estates Private Limited has 17 board changes on record since 2014: 8 appointments and 9 cessations. The latest: Rahul Prakash Khedekar was appointed as Additional Director on 20 Jun 2025.
8 earlier events are in the company report.
Frequently asked questions
Farewell Real Estates 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 12 September 1994 (32+ years old) and is registered under CIN U70200MH1994PTC081027.
Farewell Real Estates has 3 current directors:
- Sanjay Nathalal Shah - Director
- Patel Ghanshyambhai Nanjibhai - Director
- Rahul Prakash Khedekar - Additional Director
The latest financial statements of Farewell Real Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Farewell Real Estates is U70200MH1994PTC081027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Farewell Real Estates has 3 court cases on record: 3 filed against it.
Farewell Real Estates was incorporated on 12 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Rahul Prakash Khedekar was appointed as Additional Director on 20 Jun 2025. Rana Gopal Singh was appointed as Additional Director on 20 Jun 2025. Patel Ghanshyambhai Nanjibhai ceased to be Additional Director on 29 Sep 2024. Farewell Real Estates has 17 board changes on record in total.
The registered office of Farewell Real Estates is at B404 The Capital G – Block Bandra Kurla Complex, Behind Icici Bank Bandra East Mumbai, Maharashtra, India – 400051.
Farewell Real Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Farewell Real Estates is compliant as of 15 July 2026. The company is actively filing with the Registrar of Companies.
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