About Framroz Apartments Pvt Ltd
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Framroz Apartments Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 September 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1984PTC034017.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ashok Hotchand Advani and Ramesh Sundaram.
Its last annual general meeting (AGM) was held on 20 June 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Nirmal 14th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.08 Lakh, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹3.93 Lakh (net margin -38.9%) and EBITDA of -₹3.93 Lakh (EBITDA margin -38.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 56% over five years.
Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 4 cases are pending.
For more details, the company can be reached via its website businessindiagroup.in.
Company details
Contact details
Framroz Apartments Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is businessindiagroup.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNirmal 14th Floor Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Framroz Apartments Pvt Ltd, 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 Framroz Apartments 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 Framroz Apartments Pvt Ltd, buy the company report.
Financials of Framroz Apartments Pvt Ltd
FY 2022 filings availableFramroz Apartments Pvt Ltd reported revenue of ₹10.08 Lakh (up 35% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 35% growth in the latest year. EBITDA rose 36% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹3.93 Lakh | ||||
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| Net Profit (PAT) | -₹3.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -38.9% | ||||
| Net Profit Margin | -38.9% | ||||
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To see the full financial statements and ratios of Framroz Apartments Pvt Ltd, buy the company report.
Board of directors of Framroz Apartments Pvt Ltd
Framroz Apartments has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Hotchand Advani | Director | 14 Sep 1984 | 42 Years 1 Months | Current |
| Ramesh Sundaram Also directs: Shareshakti Skills Private Limited, Centerac Technologies Limited | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
| Sandeep Mishrimal Punamiya | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Framroz Apartments Pvt Ltd is compared with the 5 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), 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 |
|---|---|---|---|---|---|---|
| J S Nirman Pvt Ltd | ₹10.14 Lakh (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| M S Switchgears Private Limited | ₹10.12 Lakh (FY 2025) | 0.0% | Nashik, Maharashtra, India | |||
| A.K.C.Services Private Limited | ₹10.11 Lakh (FY 2024) | 46.0% | Dehradun, Uttarakhand, India | |||
| Newtown Conclave Private Limited | ₹10.1 Lakh (FY 2023) | 11.0% | Kolkata, West Bengal, India | |||
| Framroz Apartments Pvt Ltdthis company | ₹10.08 Lakh (FY 2022) | -₹3.93 Lakh | -38.9% | 35.0% | Mumbai, Maharashtra, India | |
| KGNS Township Private Limited | ₹10.06 Lakh (FY 2025) | -57.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Framroz Apartments Pvt Ltd, buy the company report.
Auditor
Framroz Apartments Pvt Ltd is audited by NARKAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARKAR & ASSOCIATES | FY 2020 | 106945W |
Shareholding
The shareholding of Framroz Apartments Pvt Ltd is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Framroz Apartments Pvt Ltd, buy the company report.
Legal cases
Framroz Apartments Pvt Ltd has 14 court cases on record: 6 filed by Framroz Apartments, 8 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 6 | 2 |
| District courts | 4 | 2 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by individuals | Pending |
| Bombay High Court | Court case (XOB) | Filed against the company by an individual | Pending |
| Bombay High Court | Appeal | Filed by the company against an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (CAC) | Filed by the company against an individual | Disposed |
To see the full case history of Framroz Apartments Pvt Ltd, 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 Framroz Apartments Pvt Ltd; 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 Framroz Apartments Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Framroz Apartments Pvt Ltd has 6 board changes on record since 1984: 3 appointments and 3 cessations. The latest: Hiroo Hotchand Advani ceased to be Director on 12 Apr 2022.
Frequently asked questions
Framroz Apartments is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 September 1984 (42+ years old) and is registered under CIN U70100MH1984PTC034017.
Framroz Apartments has 3 current directors:
- Ashok Hotchand Advani - Director
- Ramesh Sundaram - Director
- Sandeep Mishrimal Punamiya - Director
The latest financial statements of Framroz Apartments on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 20 June 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Framroz Apartments is U70100MH1984PTC034017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Framroz Apartments has 14 court cases on record: 6 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.
Framroz Apartments was incorporated on 14 September 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Framroz Apartments by revenue are J S Nirman Pvt Ltd, M S Switchgears Private Limited, A.K.C.Services Private Limited, Newtown Conclave Private Limited, KGNS Township Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Hiroo Hotchand Advani ceased to be Director on 12 Apr 2022. Noshir Minoo Jalnawala ceased to be Director on 12 Apr 2022. Ramesh Sundaram was appointed as Director on 01 Feb 2021. Framroz Apartments has 6 board changes on record in total.
Framroz Apartments can be reached through the website businessindiagroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Framroz Apartments is at Nirmal 14th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
Framroz Apartments operates in the financial services industry, in the real estate financing segment.
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