
Integrity Infrabuild Developers Limited
About Integrity Infrabuild Developers Limited
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Integrity Infrabuild Developers Limited is a public limited company based in Vadodara, Gujarat, India. It was incorporated on 01 June 2024.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L42101GJ2024PLC152080. Its shares are listed on NSE: INTEGRITY.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.66 Cr. It is led by directors including Keyurkumar Sheth (Managing Director) and Disha Keyurkumar Sheth (Whole-Time Director).
Its last annual general meeting (AGM) was held on 06 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vadodara, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹174.25 Cr, a growth of 60.3% compared to the previous year. For the same year it recorded a net profit of ₹6.95 Cr (net margin 4%) and EBITDA of ₹15.59 Cr (EBITDA margin 8.9%). The net worth stands at ₹27.43 Cr (up 367.3% YoY). Total assets are valued at ₹46.54 Cr (up 130.5% YoY).
As per MCA filings, the company has open charges of ₹41.01 Cr on record. The company has 1 deal on record (1 ipo); the latest was in May 2025. Its 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 smaller; the largest is Chinta Engicon Private Limited with revenue of ₹109.57 Cr.
CIN History of Integrity Infrabuild Developers Limited
Integrity Infrabuild Developers has one previous CIN (Corporate Identification Number): U42101GJ2024PLC152080. The current CIN is L42101GJ2024PLC152080, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L42101GJ2024PLC152080 | Current |
| U42101GJ2024PLC152080 | Previous |
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- Registered AddressOffice No – 02 Indiabulls, Mega Mall Jetalpur Road, Vadodara, Gujarat, India – 390020
- 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
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Financials of Integrity Infrabuild Developers Limited FY 2025-26 filings available
Integrity Infrabuild Developers Limited reported revenue of ₹174.25 Cr (up 60.3% YoY) for FY 2025-26.
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹174.25 Cr | ₹108.7 Cr | ₹64.47 Cr | ₹45.19 Cr | ₹33.42 Cr |
| Other Income | ₹55 Lakh | ₹21 Lakh | ₹16 Lakh | ₹4 Lakh | ₹6 Lakh |
| Cost of Materials Consumed | ₹80.48 Cr | ₹50.12 Cr | ₹27.39 Cr | ₹20.56 Cr | ₹15.58 Cr |
| Employee Benefit Expense | ₹1.6 Cr | ₹81 Lakh | ₹22 Lakh | ₹26 Lakh | ₹21 Lakh |
| Finance Costs | ₹1.45 Cr | ₹1.16 Cr | ₹53 Lakh | ₹58 Lakh | ₹43 Lakh |
| Depreciation & Amortisation | ₹4.9 Cr | ₹3.79 Cr | ₹1.7 Cr | ₹1.73 Cr | ₹88 Lakh |
| Other Expenses | ₹1.87 Cr | ₹1.77 Cr | ₹89 Lakh | ₹52 Lakh | ₹92 Lakh |
| Total Expenses | ₹158.66 Cr | ₹100.17 Cr | ₹60.93 Cr | ₹42.5 Cr | ₹31.74 Cr |
| Profit Before Tax | ₹9.79 Cr | ₹3.79 Cr | ₹1.47 Cr | ₹42 Lakh | ₹43 Lakh |
| Total Tax Expense | ₹2.9 Cr | ₹1.02 Cr | ₹54 Lakh | ₹14 Lakh | ₹13 Lakh |
| Net Profit | ₹6.95 Cr | ₹2.73 Cr | ₹91 Lakh | ₹28 Lakh | ₹30 Lakh |
| EBITDA (computed) | ₹15.59 Cr | ₹8.53 Cr | ₹3.54 Cr | ₹2.69 Cr | ₹1.68 Cr |
| Basic EPS | ₹16.04 | ₹8.95 | ₹3.06 | ₹1.65 | ₹1.17 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Total Assets | ₹46.54 Cr | ₹20.19 Cr | ₹14.27 Cr | ₹7 Cr | ₹9.06 Cr |
| Current Assets | ₹34.39 Cr | ₹21.31 Cr | ₹8.75 Cr | ₹9.05 Cr | ₹6.25 Cr |
| Property, Plant & Equipment | ₹22.97 Cr | ₹20.18 Cr | ₹9.28 Cr | ₹5.6 Cr | ₹5.61 Cr |
| Inventories | ₹3.6 Cr | ₹50 Lakh | ₹18 Lakh | ₹13 Lakh | ₹40 Lakh |
| Trade Receivables | ₹2.1 Cr | ₹2.6 Cr | ₹47 Lakh | ₹41 Lakh | ₹24 Lakh |
| Cash & Equivalents | ₹2.02 Cr | ₹27 Lakh | ₹1.4 Cr | ₹2.06 Cr | ₹1.26 Cr |
| Equity (Net Worth) | ₹27.43 Cr | ₹5.87 Cr | ₹3.1 Cr | ₹1.78 Cr | ₹2.55 Cr |
| Equity Share Capital | ₹4.3 Cr | ₹3.1 Cr | ₹3.1 Cr | ₹1.78 Cr | ₹2.55 Cr |
| Total Debt (computed) | ₹16.98 Cr | ₹12.91 Cr | ₹11.17 Cr | ₹5.22 Cr | ₹6.51 Cr |
| Current Liabilities | ₹11.67 Cr | ₹22.08 Cr | ₹6.41 Cr | ₹8.25 Cr | ₹4 Cr |
| Total Liabilities | ₹46.54 Cr | ₹20.19 Cr | ₹14.27 Cr | ₹7 Cr | ₹9.06 Cr |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹8.11 Cr | ₹10.29 Cr | ₹80 Lakh | ₹4.63 Cr | -₹47 Lakh |
| Investing Cash Flow | -₹7.42 Cr | -₹13.36 Cr | -₹7.25 Cr | -₹91 Lakh | -₹2.78 Cr |
| Financing Cash Flow | ₹17.28 Cr | -₹29 Lakh | ₹5.79 Cr | -₹2.93 Cr | ₹4.32 Cr |
| Net Change in Cash | ₹1.75 Cr | -₹3.36 Cr | -₹66 Lakh | ₹79 Lakh | ₹1.07 Cr |
Board of Directors of Integrity Infrabuild Developers Limited
Integrity Infrabuild Developers has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Malpani Also directs: Naps Global India Limited, Narmadesh Brass Industries Limited, Sunita Tools Limited and 1 more | Director | 26 Jun 2024 | 2 Years 3 Months | Current |
| Shivam Dhananjay Dave | Director | 28 Jun 2024 | 2 Years 3 Months | Current |
| Keyurkumar Sheth Also directs: CC Patel Projects LLP, Integrity Infrabuild Private Limited | Managing Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Rajendrakumar Natvarlal Sheth Also directs: Integrity Infrabuild Private Limited | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Disha Keyurkumar Sheth Also directs: Integrity Infrabuild Private Limited | Whole-Time Director | 01 Jun 2024 | 2 Years 4 Months | Current |
Peer Comparison of Integrity Infrabuild Developers Limited
Integrity Infrabuild Developers Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Integrity Infrabuild Developers Limited this company | ₹174.25 Cr (FY 2026) | •••• | •••• | 60.3% | •••• | Vadodara, Gujarat, India |
| Chinta Engicon Private Limited | ₹109.57 Cr (FY 2025) | •••• | •••• | 998.0% | •••• | Hyderabad, Telangana, India |
| Archon Powerinfra India Private Limited | ₹109.34 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Ahmedabad, Gujarat, India |
| Surendra Infrastructure Pvt Ltd | ₹109.1 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Ketan Construction Limited | ₹108.99 Cr (FY 2022) | •••• | •••• | -43.0% | •••• | Rajkot, Gujarat, India |
| SB Edifice Private Limited | ₹108.98 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Amara Avenues Private Limited | ₹108.57 Cr (FY 2025) | •••• | •••• | 635.0% | •••• | Hyderabad, Telangana, India |
| O P Gupta Contractors Private Limited | ₹108.33 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Agra, Uttar Pradesh, India |
| SLT Infracon Private Limited | ₹108.08 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Hailakandi, Assam, India |
| Ascon Infratech Private Limited | ₹108.05 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Parasia, Madhya Pradesh, India |
| Nasit Infra Projects Private Limited | ₹108 Cr (FY 2025) | •••• | •••• | 119.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Integrity Infrabuild Developers by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Integrity Infrabuild Developers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2026 | Hdfc Bank Limited | ₹70 Lakh | Open |
| 29 Dec 2025 | Hdfc Bank Limited | ₹80 Lakh | Open |
| 29 May 2025 | Hdfc Bank Limited | ₹2.53 Cr | Open |
| 10 Mar 2025 | Hdfc Bank Limited | ₹8.01 Cr | Open |
| 24 Feb 2025 | Hdfc Bank Limited | ₹1.51 Cr | Open |
Total charge records: 8 View all charges
Deals & Funding of Integrity Infrabuild Developers Limited
Integrity Infrabuild Developers Limited has 1 deal on record (1 ipo); the latest was in May 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | IPO | ₹12 Cr | Investors: IPO Shareholders - Integrity Infrabuild Developers Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Integrity Infrabuild Developers Limited
Employment history and EPFO contributions of people linked to Integrity Infrabuild Developers.
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.
Recent Activity on Integrity Infrabuild Developers Limited
Integrity Infrabuild Developers Limited has 8 board changes on record since 2024: 5 appointments and 3 cessations. The latest: Shivam Dhananjay Dave was appointed as Director on 28 Jun 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Integrity Infrabuild Developers 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.
MSME Payment Delays by Integrity Infrabuild Developers Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Integrity Infrabuild Developers 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
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GST Compliance of Integrity Infrabuild Developers Limited
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
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MCA Filings & Documents of Integrity Infrabuild Developers 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.
Related news about Integrity Infrabuild Developers Limited
Frequently Asked Questions about Integrity Infrabuild Developers Limited
Integrity Infrabuild Developers is an active public limited company based in Vadodara, Gujarat, India. It was incorporated on 01 June 2024 (2+ years old) and is registered under CIN L42101GJ2024PLC152080. Listed on NSE: INTEGRITY.
Integrity Infrabuild Developers reported revenue of ₹174.25 Cr for FY 2025-26 (up 60.3% YoY) based on standalone financials.
Integrity Infrabuild Developers has 5 current directors:
- Keyurkumar Sheth - Managing Director
- Disha Keyurkumar Sheth - Whole-Time Director
- Nikhil Malpani - Director
- Shivam Dhananjay Dave - Director
- Rajendrakumar Natvarlal Sheth - Director
The CIN (Corporate Identification Number) of Integrity Infrabuild Developers is L42101GJ2024PLC152080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Integrity Infrabuild Developers is listed on NSE with symbol INTEGRITY.
Integrity Infrabuild Developers was incorporated on 01 June 2024, making it 2+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Integrity Infrabuild Developers has 1 deal on record (1 ipo); the latest was in May 2025.
The peers of Integrity Infrabuild Developers by revenue are Chinta Engicon Private Limited, Archon Powerinfra India Private Limited, Surendra Infrastructure Pvt Ltd, Ketan Construction Limited, SB Edifice Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Shivam Dhananjay Dave was appointed as Director on 28 Jun 2024. Keyur Rajendrakumar Sheth ceased to be Director on 27 Jun 2024. Nikhil Malpani was appointed as Director on 26 Jun 2024. Integrity Infrabuild Developers has 8 board changes on record in total.
The registered office of Integrity Infrabuild Developers is at Office No – 02 Indiabulls, Mega Mall Jetalpur Road, Vadodara, Gujarat, India – 390020.
Integrity Infrabuild Developers has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.66 Cr.