- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-16-0001097

Harshvi Projects Private Limited
About Harshvi Projects Private Limited
Data last updated:
Harshvi Projects Private Limited is a private limited company based in Navsari, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 24 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45400GJ2019PTC107788. Its GSTIN is 24AAECH8888A1ZH (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Shitalben Nirajkumar Shah and Niraj Ashokbhai Shah.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C/O. Babubhai Ranchhodbhai Mistry Opp. Sauras Hotel Librari Road, Navsari, Gujarat, India – 396445.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.67 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹16.18 Lakh (net margin -1.5%) and EBITDA of ₹1.36 Cr (EBITDA margin 12.8%).
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.8 Cr and satisfied charges of ₹2.31 Cr on record. Court records list 56 cases involving the company, including 56 filed against it; 4 cases are pending.
Harshvi Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-16-0001097).
Company details
Recognitions & Rankings of Harshvi Projects
Contact details
Harshvi Projects Private Limited's registered office is in Navsari, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressC/O. Babubhai Ranchhodbhai Mistry Opp. Sauras Hotel Librari Road, Navsari, Gujarat, India – 396445
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Harshvi Projects 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 Harshvi Projects 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 Harshvi Projects Private Limited, buy the company report.
Financials of Harshvi Projects Private Limited
FY 2021 filings availableHarshvi Projects Private Limited reported revenue of ₹10.67 Cr (up 30% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year. EBITDA rose 46% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹10.67 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.36 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹16.18 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.8% | |
| Net Profit Margin | -1.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Harshvi Projects Private Limited, buy the company report.
Board of directors of Harshvi Projects Private Limited
Harshvi Projects has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shitalben Nirajkumar Shah | Director | 24 Apr 2019 | 7 Years 6 Months | Current |
| Niraj Ashokbhai Shah | Director | 24 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Harshvi Projects Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), 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 |
|---|---|---|---|---|---|---|
| Tanwar Constructions Private Limited | ₹10.69 Cr (FY 2024) | 867.0% | Mumbai, Maharashtra, India | |||
| Platinum Mall Private Limited | ₹10.68 Cr (FY 2025) | -40.0% | Lucknow, Uttar Pradesh, India | |||
| Harshvi Projects Private Limitedthis company | ₹10.67 Cr (FY 2021) | -₹16.18 Lakh | -1.5% | 30.0% | 10 | Navsari, Gujarat, India |
| Sienna Engineers Pvt Ltd | ₹10.66 Cr (FY 2025) | 22.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Harshvi Projects Private Limited, buy the company report.
Auditor
Harshvi Projects Private Limited is audited by BIRJU S SHAH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIRJU S SHAH & ASSOCIATES | FY 2021 | 131554W |
Shareholding
The shareholding of Harshvi Projects Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Harshvi Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2020 | 100339214 | State Bank of India Fuvara Branch Navsari Gujarat | ₹30 Lakh | Open | |
| 26 Nov 2019 | 100340773 | State Bank of India | ₹1.5 Cr | Open | |
| 25 Nov 2020 | 100409459 | Tata Capital Financial Services Limited | ₹2.31 Cr | Satisfied |
To see the full charge records of Harshvi Projects Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Harshvi Projects Private Limited has 56 court cases on record: 56 filed against it. 4 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 56 | 56 | 4 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by Amari Industries Pvt Ltd Through Its Authorised Person Akshaykumar Sahal | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by Tara Chand Infra Logistic Solutions Ltd | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S. Yadav Crane Service | Pending |
To see the full case history of Harshvi Projects 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 Harshvi Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Harshvi Projects Private Limited has a workforce of 10 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Harshvi Projects has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECH8888A1ZH | Gujarat | Active | 23 May 2019 |
| 10AAECH8888A1ZQ | Bihar | Active | 12 Feb 2021 |
To see the full GST registrations and return filing status of Harshvi Projects Private Limited, buy the company report.
Recent activity
Harshvi Projects Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Niraj Ashokbhai Shah was appointed as Director on 24 Apr 2019.
Frequently asked questions
Harshvi Projects is an active private limited company based in Navsari, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 24 April 2019 (7+ years old) and is registered under CIN U45400GJ2019PTC107788.
Harshvi Projects has 2 current directors:
- Shitalben Nirajkumar Shah - Director
- Niraj Ashokbhai Shah - Director
The latest financial statements of Harshvi Projects on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Harshvi Projects is 24AAECH8888A1ZH, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 10AAECH8888A1ZQ (Bihar).
The CIN (Corporate Identification Number) of Harshvi Projects is U45400GJ2019PTC107788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harshvi Projects has 56 court cases on record: 56 filed against it. 4 are pending.
Harshvi Projects was incorporated on 24 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Harshvi Projects by revenue are Tanwar Constructions Private Limited, Platinum Mall Private Limited, Sienna Engineers Pvt Ltd, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Niraj Ashokbhai Shah was appointed as Director on 24 Apr 2019. Shitalben Nirajkumar Shah was appointed as Director on 24 Apr 2019.
Yes, Harshvi Projects is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-16-0001097).
The registered office of Harshvi Projects is at CO. Babubhai Ranchhodbhai Mistry Opp. Sauras Hotel Librari Road, Navsari, Gujarat, India – 396445.