About Ishwarcharan Builders Private Limited
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Ishwarcharan Builders Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2007PTC052097. Its GSTIN is 24AABCI8173N1Z6 (Gujarat).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.7 Cr. It is led by directors Sureshkumar Dhirajlal Thakkar (Managing Director) and Smital Suresh Thakkar.
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 A – 502 Shapath – 4 Opp. Karnavati Club Sarkhej Gandhinagar Highway, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.26 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹9.95 Lakh (net margin 28.2%) and EBITDA of ₹20.57 Lakh (EBITDA margin 58.3%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 40% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.52 Cr and satisfied charges of ₹139.7 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 9 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icbgroup.co.in.
Company details
Contact details
Ishwarcharan Builders Private Limited's registered office is in Ahmedabad, Gujarat. Its website is icbgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 502 Shapath – 4 Opp. Karnavati Club Sarkhej Gandhinagar Highway, Ahmedabad, Gujarat, India – 380058
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ishwarcharan Builders 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
Financials of Ishwarcharan Builders Private Limited
FY 2025 filings availableIshwarcharan Builders Private Limited reported revenue of ₹35.26 Lakh (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 3% fall in the latest year. EBITDA fell 39% 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 | ₹20.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.3% | ||||
| Net Profit Margin | 28.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ishwarcharan Builders Private Limited, buy the company report.
Board of directors of Ishwarcharan Builders Private Limited
Ishwarcharan Builders has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureshkumar Dhirajlal Thakkar | Managing Director | 01 Nov 2007 | 18 Years 11 Months | Current |
| Smital Suresh Thakkar | Director | 07 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Ishwarcharan Builders Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Homes Unlimited Private Limited | ₹35.3 Lakh (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Jac Projects & Consultants Private Limited | ₹35.27 Lakh (FY 2024) | 145.0% | Pune, Maharashtra, India | |||
| Ishwarcharan Builders Private Limitedthis company | ₹35.26 Lakh (FY 2025) | ₹9.95 Lakh | 28.2% | -3.0% | 1 | Ahmedabad, Gujarat, India |
| Kansal Infraplanner Private Limited | ₹35.24 Lakh (FY 2025) | -74.0% | Delhi, India | |||
| Siddharth Procon Private Limited | ₹35.23 Lakh (FY 2025) | -69.0% | Kolkata, West Bengal, India | |||
| Bhoomikhand Developer Private Limited | ₹35.22 Lakh (FY 2023) | 316.0% | Nawada, Bihar, India |
To see the full peer comparison of Ishwarcharan Builders Private Limited, buy the company report.
Auditor
Ishwarcharan Builders Private Limited is audited by A L THAKKAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A L THAKKAR & CO | FY 2022 | 120116W |
Shareholding
The shareholding of Ishwarcharan Builders Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ishwarcharan Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2020 | 100359764 | Others | ₹2.82 Cr | Open | |
| 21 Sep 2017 | 100134171 | Others | ₹2.7 Cr | Open | |
| 11 Jul 2017 | 100115230 | Others | ₹3.18 Cr | Satisfied | |
| 12 Apr 2017 | 100093881 | Others | ₹6.59 Cr | Satisfied | |
| 17 Feb 2016 | 10621884 | Indiabulls Housing Finance Limited | ₹7.4 Cr | Satisfied |
To see the full charge records of Ishwarcharan Builders Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Ishwarcharan Builders Private Limited has 9 court cases on record: 1 filed by Ishwarcharan Builders, 9 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (CR.MA) | Filed against the company by Darshanbhai Dineshbhai Thakkar, Director of M/S Ishwarcharan Builders Pvt Ltd | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed by the company against M/S Ishwarcharan Builders Pvt Ltd and 4 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Civil suit | Filed against the company by an individual | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
To see the full case history of Ishwarcharan Builders 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 Ishwarcharan Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ishwarcharan Builders Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Ishwarcharan Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCI8173N1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ishwarcharan Builders Private Limited, buy the company report.
Recent activity
Ishwarcharan Builders Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Smital Suresh Thakkar ceased to be Additional Director on 30 Nov 2021.
42 earlier events are in the company report.
Frequently asked questions
Ishwarcharan Builders is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 November 2007 (19+ years old) and is registered under CIN U45201GJ2007PTC052097.
Ishwarcharan Builders has 2 current directors:
- Sureshkumar Dhirajlal Thakkar - Managing Director
- Smital Suresh Thakkar - Director
The latest financial statements of Ishwarcharan Builders on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ishwarcharan Builders is 24AABCI8173N1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Ishwarcharan Builders is U45201GJ2007PTC052097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishwarcharan Builders has 9 court cases on record: 1 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.
Ishwarcharan Builders was incorporated on 01 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ishwarcharan Builders by revenue are Homes Unlimited Private Limited, Jac Projects & Consultants Private Limited, Kansal Infraplanner Private Limited, Siddharth Procon Private Limited, Bhoomikhand Developer Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Smital Suresh Thakkar ceased to be Additional Director on 30 Nov 2021. Smital Suresh Thakkar was appointed as Director on 07 Sep 2021. Darshan Dineshkumar Thakkar ceased to be Additional Director on 31 Dec 2020. Ishwarcharan Builders has 9 board changes on record in total.
Ishwarcharan Builders can be reached through the website icbgroup.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ishwarcharan Builders is at A – 502 Shapath – 4 Opp. Karnavati Club Sarkhej Gandhinagar Highway, Ahmedabad, Gujarat, India – 380058.