Horizontal Ventures Private Limited
About Horizontal Ventures Private Limited
Data last updated:
Horizontal Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nine Paradise Erectors Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45100MH2007PTC173394. Its GSTIN is 27AABCE8158R1ZV (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.01 Cr. It was formerly known as Horizontal Realty and Aviation Private Limited and Eon Aviation Private Limited. It is led by directors Faizan Pasha and Hifzurrehman Kadiwal Abdullah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.85 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹16.54 Cr (net margin 21.3%) and EBITDA of ₹56.36 Cr (EBITDA margin 72.4%). Revenue has grown at a compounded annual rate (CAGR) of 212% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹57.95 Cr and satisfied charges of ₹90 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address7th Floor Resham Bhavan Veer Nariman Road, Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Horizontal Ventures Private Limited
The main business activity of Horizontal Ventures is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Horizontal Ventures Private Limited FY 2025 filings available
Horizontal Ventures Private Limited reported revenue of ₹77.85 Cr (up 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Horizontal Ventures Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 96% growth in the latest year. EBITDA rose 264% 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 of Horizontal Ventures Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹56.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.54 Cr | •••• | •••• | •••• | •••• |
| 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 of Horizontal Ventures Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Horizontal Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Horizontal Ventures Private Limited
Horizontal Ventures Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prime Centre and Developers Private Limited | ₹78 Cr (FY 2025) | •••• | •••• | 263.0% | •••• | Pune, Maharashtra, India |
| Qubix Business Park Private Limited | ₹77.97 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Pune, Maharashtra, India |
| Sea Wind Realtors India Private Limited | ₹77.94 Cr (FY 2025) | •••• | •••• | 174.0% | •••• | Ernakulam, Kerala, India |
| Spinoza Enterprises Private Limited | ₹77.9 Cr (FY 2019) | •••• | •••• | 211848.0% | •••• | Hyderabad, Telangana, India |
| SDB Infrastructure Private Limited | ₹77.88 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| Horizontal Ventures Private Limited this company | ₹77.85 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Mumbai, Maharashtra, India |
| Vajram Estates Private Limited | ₹77.84 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Andhra Pradesh, India |
| Primeco Realty Private Limited | ₹77.82 Cr (FY 2023) | •••• | •••• | -17.0% | •••• | Bangalore, Karnataka, India |
| Vascoda Housing & Realtech Private Limited | ₹77.81 Cr (FY 2025) | •••• | •••• | 5654429.0% | •••• | Delhi, India |
| Ghanasai Ispat Private Limited | ₹77.73 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Hyderabad, Telangana, India |
| Dreamcity Realtors Private Limited | ₹77.72 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Horizontal Ventures by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Horizontal Ventures Private Limited
Horizontal Ventures Private Limited is audited by B. B. Jain & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. B. Jain & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Horizontal Ventures Private Limited
Horizontal Ventures has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Faizan Pasha | Director | 30 Aug 2016 | 10 Years 1 Months | Current |
| Hifzurrehman Kadiwal Abdullah Also directs: Am Motors Private Limited, N. A. Estates Private Limited, Neelkamal Shantinagar Properties Private Limited C/N and 5 more | Director | 30 Aug 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of Horizontal Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Horizontal Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2009 | Punjab National Bank | ₹57.95 Cr | Open |
| 02 Nov 2017 | Others | ₹90 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Horizontal Ventures Private Limited
Horizontal Ventures Private Limited has 5 court cases on record: 1 filed by Horizontal Ventures, 4 filed against it. 1 case is pending and 4 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed against the company by an individual | Pending |
| High Court of Delhi | Appeal | Filed against the company by an individual | Disposed |
| District court, South West, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and 4 Ors | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP I) | Filed against the company by an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Horizontal Ventures Private Limited
Horizontal Ventures Private Limited has 6 MSME Form 1 returns on record between 2018 and 2020, listing 22 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M A Parikh & Co. | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Horizontal Ventures Private Limited
Employment history and EPFO contributions of people linked to Horizontal Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Horizontal Ventures Private Limited
Horizontal Ventures has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Name History of Horizontal Ventures Private Limited
Horizontal Ventures has undergone 2 name changes throughout its history. The company was previously known as Horizontal Realty And Aviation Private Limited, and Eon Aviation Private Limited. The current legal name is Horizontal Ventures Private Limited.
| Company Name | Status |
|---|---|
| Horizontal Ventures Private Limited | Current |
| Horizontal Realty And Aviation Private Limited | Previous |
| Eon Aviation Private Limited | Previous |
CIN History of Horizontal Ventures Private Limited
Horizontal Ventures has one previous CIN (Corporate Identification Number): U62200MH2007PTC173394. The current CIN is U45100MH2007PTC173394, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100MH2007PTC173394 | Current |
| U62200MH2007PTC173394 | Previous |
Recent Activity on Horizontal Ventures Private Limited
Horizontal Ventures Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Rajiv Agarwal ceased to be Director on 28 Feb 2022.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Horizontal Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Horizontal Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Horizontal Ventures Private Limited
Horizontal Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE8158R1ZV | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Horizontal Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Horizontal Ventures Private Limited
Horizontal Ventures 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 23 August 2007 (19+ years old) and is registered under CIN U45100MH2007PTC173394.
Horizontal Ventures reported revenue of ₹77.85 Cr for FY 2025 (up 96% YoY).
Horizontal Ventures has 2 current directors:
- Faizan Pasha - Director
- Hifzurrehman Kadiwal Abdullah - Director
Horizontal Ventures reported a net profit of ₹16.54 Cr (net margin 21.3%) and EBITDA of ₹56.36 Cr (EBITDA margin 72.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Horizontal Ventures is 212% over three years and 3% over five years. In the latest year (FY 2025) revenue rose 96%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Horizontal Ventures is 27AABCE8158R1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Horizontal Ventures is U45100MH2007PTC173394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horizontal Ventures has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Horizontal Ventures was incorporated on 23 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Horizontal Ventures by revenue are Prime Centre and Developers Private Limited, Qubix Business Park Private Limited, Sea Wind Realtors India Private Limited, Spinoza Enterprises Private Limited, SDB Infrastructure Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Rajiv Agarwal ceased to be Director on 28 Feb 2022. Atul Ishwardas Chordia ceased to be Director on 15 Oct 2016. Sagar Ishwardas Chordia ceased to be Director on 15 Oct 2016. Horizontal Ventures has 6 board changes on record in total.
Horizontal Ventures has 6 MSME Form 1 returns on record between 2018 and 2020, listing 22 overdue payments to 1 micro and small supplier. The latest return was filed on 17 Nov 2020.