Harshad Apartment Builder Private Limited
About Harshad Apartment Builder Private Limited
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Harshad Apartment Builder Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 13 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB2004PTC098610. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹34 Lakh and a paid-up capital of ₹34 Lakh. It is led by directors Devanand Lalwani (Managing Director) and Shobha Devi Lalwani (Whole-Time Director).
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 99 Ashutosh Mukherjee Road 2nd Floor, Kolkata, West Bengal, India – 700025.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.17 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹9.5 Lakh (net margin 25.6%) and EBITDA of ₹11.47 Lakh (EBITDA margin 30.8%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹6.78 Cr and satisfied charges of ₹96.5 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Harshad Apartment Builder Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address99 Ashutosh Mukherjee Road 2nd Floor, Kolkata, West Bengal, India – 700025
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Harshad Apartment Builder 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 Harshad Apartment Builder 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 |
To see the full business activity and turnover split of Harshad Apartment Builder Private Limited, buy the company report.
Financials of Harshad Apartment Builder Private Limited
FY 2025 filings availableHarshad Apartment Builder Private Limited reported revenue of ₹37.17 Lakh (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 14% fall in the latest year. EBITDA fell 58% 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 | ₹11.47 Lakh | ||||
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| Net Profit (PAT) | ₹9.5 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 | 30.8% | ||||
| Net Profit Margin | 25.6% | ||||
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To see the full financial statements and ratios of Harshad Apartment Builder Private Limited, buy the company report.
Board of directors of Harshad Apartment Builder Private Limited
Harshad Apartment Builder has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devanand Lalwani Also directs: Devraj Projects LLP | Managing Director | 24 May 2004 | 22 Years 4 Months | Current |
| Shobha Devi Lalwani | Whole-Time Director | 24 May 2004 | 22 Years 4 Months | Current |
Auditor
Harshad Apartment Builder Private Limited is audited by VIJAY BHUSHAN AGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY BHUSHAN AGARWAL & ASSOCIATES | FY 2023 | 326178E |
Shareholding
The shareholding of Harshad Apartment Builder 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 Harshad Apartment Builder Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2022 | 100650764 | Idbi Bank Limited | ₹1.45 Cr | Open | |
| 31 Mar 2017 | 100148866 | Idbi Bank Limited | ₹1.37 Cr | Open | |
| 21 Nov 2015 | 10627645 | Idbi Bank Limited | ₹2.25 Cr | Open | |
| 28 Feb 2013 | 10411226 | Hdb Financial Services Limited | ₹1.17 Cr | Open | |
| 20 Sep 2004 | 90256452 | State Bank of India | ₹55 Lakh | Open |
To see the full charge records of Harshad Apartment Builder Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Harshad Apartment Builder Private Limited has 5 court cases on record: 5 filed against it. 4 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Idbi Bank Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Idbi Bank Ltd. | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Idbi Bank Ltd. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Harshad Apartment Builder 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 Harshad Apartment Builder Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harshad Apartment Builder has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Harshad Apartment Builder Private Limited, buy the company report.
Recent activity
Harshad Apartment Builder Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Harshad Lalwani ceased to be Director on 01 Oct 2022.
5 earlier events are in the company report.
Frequently asked questions
Harshad Apartment Builder is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 13 May 2004 (22+ years old) and is registered under CIN U45201WB2004PTC098610.
Harshad Apartment Builder has 2 current directors:
- Devanand Lalwani - Managing Director
- Shobha Devi Lalwani - Whole-Time Director
The latest financial statements of Harshad Apartment Builder 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.
No. Harshad Apartment Builder has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Harshad Apartment Builder is U45201WB2004PTC098610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harshad Apartment Builder has 5 court cases on record: 5 filed against it. 4 are pending.
Harshad Apartment Builder was incorporated on 13 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Harshad Lalwani ceased to be Director on 01 Oct 2022. Harshad Lalwani was appointed as Director on 01 Jul 2016. Devanand Lalwani was appointed as Managing Director on 24 May 2004. Harshad Apartment Builder has 4 board changes on record in total.
The registered office of Harshad Apartment Builder is at 99 Ashutosh Mukherjee Road 2nd Floor, Kolkata, West Bengal, India – 700025.
Harshad Apartment Builder operates in the financial services industry, in the real estate financing segment.