Indian Reits Association
About Indian Reits Association
Data last updated:
Indian Reits Association is a private not for profit company based in Mumbai, Maharashtra, India. It was incorporated on 19 July 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U94990MH2023NPL406948.
It is led by directors including Alok Aggarwal and Ramesh Kumar Nair.
Its last annual general meeting (AGM) was held on 28 August 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 ₹2.02 Cr, a growth of 102% compared to the previous year. For the same year it recorded a net loss of ₹86.62 Lakh (net margin -42.9%) and EBITDA of -₹85.67 Lakh (EBITDA margin -42.5%).
Company details
Contact details
Indian Reits Association's registered office is in Mumbai, Maharashtra.
- Registered AddressAwfis 17th Floor Vios Tower, Off. Eastern Express Highway Sewri – Chembur Road, Mumbai, Maharashtra, India – 400037
- 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 Indian Reits Association is other service activities. In detail, this covers activities of membership organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations |
To see the full business activity and turnover split of Indian Reits Association, buy the company report.
Financials of Indian Reits Association
FY 2025 filings availableIndian Reits Association reported revenue of ₹2.02 Cr (up 102% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 102% in the latest year. EBITDA fell 682% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹85.67 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹86.62 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 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -42.5% | |
| Net Profit Margin | -42.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Indian Reits Association, buy the company report.
Board of directors of Indian Reits Association
Indian Reits Association has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Aggarwal | Director | 07 Nov 2023 | 2 Years 11 Months | Current |
| Ramesh Kumar Nair Also directs: Mack Soft Tech Private Limited, Mindspace Business Parks Private Limited, K.Raheja IT Park (Hyderabad) Limited and 5 more | Director | 07 Nov 2023 | 2 Years 11 Months | Current |
| Dalip Charanjit Sehgal | Director | 07 Nov 2023 | 2 Years 11 Months | Current |
| Molahalli Amit Vikram Shetty Also directs: Golflink Park Management Services LLP, Golflinks Software Park Private Limited, Vikas Telecom Private Limited and 4 more | Additional Director | 08 Aug 2025 | 1 Years 2 Months | Current |
| Shirish B Godbole Also directs: Devbhumi Elixir Realty Private Limited, Devbhumi Novamagma Projects Private Limited, Devbhumi Realtors Private Limited and 5 more | Director | 30 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Indian Reits Association is compared with the 10 companies closest to it by revenue in the same principal business activity (activities of membership organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tuobro Furguson (India) Pvt Ltd | ₹2.05 Cr (FY 2024) | -11.0% | Kolkata, West Bengal, India | |||
| Sawasdee Wellness Private Limited | ₹2.03 Cr (FY 2025) | 23.0% | Nathupur, Haryana, India | |||
| Bnprs Private Limited | ₹2.03 Cr (FY 2025) | 139.0% | Amalapuram, Andhra Pradesh, India | |||
| Steel Chamber of India | ₹2.03 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| All Starr Sports Club & Hospitality Private Limited | ₹2.02 Cr (FY 2025) | 350.0% | Jaipur, Rajasthan, India | |||
| Indian Reits Associationthis company | ₹2.02 Cr (FY 2025) | -₹86.62 Lakh | -42.9% | 102.0% | Mumbai, Maharashtra, India | |
| Paper Paints Private Limited | ₹2.01 Cr (FY 2025) | -44.0% | Manddar Cement Factory, Chhattisgarh, India | |||
| Ojas Infra and Engineering Private Limited | ₹2.01 Cr (FY 2025) | 106.0% | Satna, Madhya Pradesh, India | |||
| Pro Alliance Hospitality Private Limited | ₹1.99 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Y. Babu Rao Hospitality Services Private Limited | ₹1.98 Cr (FY 2024) | 44.0% | Mumbai, Maharashtra, India | |||
| Superlatives Capital Advisors Private Limited | ₹1.96 Cr (FY 2025) | Hyderabad, Telangana, India |
To see the full peer comparison of Indian Reits Association, buy the company report.
Legal cases
No court or tribunal cases involving Indian Reits Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indian Reits Association; 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 Indian Reits Association; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indian Reits Association has 18 board changes on record since 2023: 10 appointments and 8 cessations. The latest: Shirish B Godbole was appointed as Director on 30 Sep 2025.
9 earlier events are in the company report.
News
Frequently asked questions
Indian Reits Association is an active private not for profit company based in Mumbai, Maharashtra, India. It was incorporated on 19 July 2023 (3+ years old) and is registered under CIN U94990MH2023NPL406948.
Indian Reits Association has 5 current directors:
- Alok Aggarwal - Director
- Ramesh Kumar Nair - Director
- Dalip Charanjit Sehgal - Director
- Molahalli Amit Vikram Shetty - Additional Director
- Shirish B Godbole - Director
The latest financial statements of Indian Reits Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Indian Reits Association is U94990MH2023NPL406948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Reits Association was incorporated on 19 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Indian Reits Association by revenue are Tuobro Furguson (India) Pvt Ltd, Sawasdee Wellness Private Limited, Bnprs Private Limited, Steel Chamber of India, All Starr Sports Club & Hospitality Private Limited and 5 more, all in the same principal business activity (activities of membership organizations).
Shirish B Godbole was appointed as Director on 30 Sep 2025. Molahalli Amit Vikram Shetty was appointed as Additional Director on 08 Aug 2025. Ritwik Bhattacharjee was appointed as Additional Director on 22 Nov 2024. Indian Reits Association has 18 board changes on record in total.
The registered office of Indian Reits Association is at Awfis 17th Floor Vios Tower, Off. Eastern Express Highway Sewri – Chembur Road, Mumbai, Maharashtra, India – 400037.
Indian Reits Association can be reached at its registered office: Awfis 17th Floor Vios Tower, Off. Eastern Express Highway Sewri – Chembur Road, Mumbai, Maharashtra, India – 400037.
Indian Reits Association is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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