Hiral Classic Properties Private Limited
About Hiral Classic Properties Private Limited
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Hiral Classic Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 13 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2004PTC145668. Its GSTIN is 27AABCH4235J1ZM (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Bihari Parmanand Kandhari and Vijay Bihari Kandhari.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.6 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹99.53 Lakh (net margin -27.7%) and EBITDA of -₹60.4 Lakh (EBITDA margin -16.8%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹4.63 Cr and satisfied charges of ₹29.75 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hiral Classic Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 4th Floor Blue Nile Chs Ltd 891 Nutan Classic 24th Road Near Tavaa, Restaurant, Mumbai, Maharashtra, India – 400050
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Hiral Classic Properties 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 Hiral Classic Properties 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 Hiral Classic Properties Private Limited, buy the company report.
Financials of Hiral Classic Properties Private Limited
FY 2024 filings availableHiral Classic Properties Private Limited reported revenue of ₹3.6 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 37% 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 | -₹60.4 Lakh | ||||
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| Net Profit (PAT) | -₹99.53 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 | -16.8% | ||||
| Net Profit Margin | -27.7% | ||||
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To see the full financial statements and ratios of Hiral Classic Properties Private Limited, buy the company report.
Board of directors of Hiral Classic Properties Private Limited
Hiral Classic Properties has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bihari Parmanand Kandhari Also directs: Khushi Heritage Realty LLP, Pinky Skyscrapers Real Estate LLP, Siddhivinayak Realtors LLP and 2 more | Director | 13 Apr 2004 | 22 Years 6 Months | Current |
| Vijay Bihari Kandhari Also directs: Khushi Heritage Realty LLP, B Kandhari Properties LLP, Pinky Skyscrapers Real Estate LLP and 5 more | Director | 13 Apr 2007 | 19 Years 6 Months | Current |
| Arjun Vijay Kandhari Also directs: B Kandhari Properties LLP, MCS Mumbai Cricket Star LLP, B Kandhari Constructions LLP and 2 more | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Hiral Classic Properties Private Limited is compared with the 7 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), 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 |
|---|---|---|---|---|---|---|
| Zeky Enterprises Private Limited | ₹3.63 Cr (FY 2025) | 112.0% | Gurgaon, Haryana, India | |||
| Centurion Real Estate Developers Private Limited | ₹3.62 Cr (FY 2025) | 40.0% | New Delhi, Delhi, India | |||
| Basak Properties & Developer Private Limited | ₹3.62 Cr (FY 2024) | 495.0% | Malda, West Bengal, India | |||
| Hiral Classic Properties Private Limitedthis company | ₹3.6 Cr (FY 2025) | -₹99.53 Lakh | -27.7% | 11.0% | Mumbai, Maharashtra, India | |
| Rajdarbar Village Private Limited | ₹3.59 Cr (FY 2025) | -55.0% | Agra, Uttar Pradesh, India | |||
| G I Infra International Private Limited | ₹3.59 Cr (FY 2025) | 420.0% | Ajmer, Rajasthan, India | |||
| Hundred Yards Realtor Private Limited | ₹3.58 Cr (FY 2025) | 1195.0% | Bangalore, Karnataka, India | |||
| Temple City Realtors Private Limited | ₹3.58 Cr (FY 2025) | 1245.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Hiral Classic Properties Private Limited, buy the company report.
Auditor
Hiral Classic Properties Private Limited is audited by PMVS AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PMVS AND ASSOCIATES LLP | FY 2023 | W100599 |
Shareholding
The shareholding of Hiral Classic Properties 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 Hiral Classic Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2024 | 100914413 | Others | ₹4.63 Cr | Open | |
| 15 Jun 2021 | 100457448 | Others | ₹7.59 Cr | Satisfied | |
| 02 Dec 2020 | 100401149 | Others | ₹1 Cr | Satisfied | |
| 28 Feb 2020 | 100361079 | Others | ₹5.06 Cr | Satisfied | |
| 12 Sep 2019 | 100291375 | Yes Bank Limited | ₹4 Cr | Satisfied |
To see the full charge records of Hiral Classic Properties Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Hiral Classic Properties Private Limited has 2 court cases on record: 1 filed by Hiral Classic Properties, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed by the company against Municipal Corporation of Greater Bombay and Ors | Disposed |
To see the full case history of Hiral Classic Properties 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 Hiral Classic Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hiral Classic Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH4235J1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hiral Classic Properties Private Limited, buy the company report.
Recent activity
Hiral Classic Properties Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Arjun Vijay Kandhari ceased to be Additional Director on 29 Sep 2023.
9 earlier events are in the company report.
Frequently asked questions
Hiral Classic Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 13 April 2004 (22+ years old) and is registered under CIN U45200MH2004PTC145668.
Hiral Classic Properties has 3 current directors:
- Bihari Parmanand Kandhari - Director
- Vijay Bihari Kandhari - Director
- Arjun Vijay Kandhari - Director
The latest financial statements of Hiral Classic Properties 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 GSTIN of Hiral Classic Properties is 27AABCH4235J1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hiral Classic Properties is U45200MH2004PTC145668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hiral Classic Properties has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Hiral Classic Properties was incorporated on 13 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hiral Classic Properties by revenue are Zeky Enterprises Private Limited, Centurion Real Estate Developers Private Limited, Basak Properties & Developer Private Limited, Rajdarbar Village Private Limited, G I Infra International Private Limited and 2 more, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).
Arjun Vijay Kandhari ceased to be Additional Director on 29 Sep 2023. Arjun Vijay Kandhari was appointed as Director on 12 Jun 2023. Hiru Bihari Kandhari ceased to be Director on 01 Mar 2019. Hiral Classic Properties has 5 board changes on record in total.
The registered office of Hiral Classic Properties is at 401 4th Floor Blue Nile Chs Ltd 891 Nutan Classic 24th Road Near Tavaa, Restaurant, Mumbai, Maharashtra, India – 400050.
Hiral Classic Properties operates in the real estate and construction industry, in the real estate marketing and sales segment.