About Krrish Shalimar Projects Private Limited
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Krrish Shalimar Projects Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Shalimar Corp Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55101DL2010PTC205976. Its GSTIN is 06AAECK2346Q1Z6 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.68 Cr. It was formerly known as Krrish Motels Private Limited. It is led by directors Kunal Seth and Khalid Masood.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A2/3 F.F. Safdarjung Enclave, New Delhi, Delhi, India – 110029.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.39 Cr, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹2.72 Cr (net margin -61.9%) and EBITDA of -₹2.69 Cr (EBITDA margin -61.3%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 54% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹150 Cr and satisfied charges of ₹394.14 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 2 cases are pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹22.11 Cr; the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibizatown.co.in.
Company details
Contact details
Krrish Shalimar Projects Private Limited's registered office is in New Delhi, Delhi. Its website is ibizatown.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA2/3 F.F. Safdarjung Enclave, New Delhi, Delhi, India – 110029
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Krrish Shalimar Projects 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 Krrish Shalimar Projects 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 Krrish Shalimar Projects Private Limited, buy the company report.
Financials of Krrish Shalimar Projects Private Limited
FY 2025 filings availableKrrish Shalimar Projects Private Limited reported revenue of ₹4.39 Cr (down 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 97% fall in the latest year. EBITDA fell 106% 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 | -₹2.69 Cr | ||||
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| Net Profit (PAT) | -₹2.72 Cr | ||||
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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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| EBITDA Margin | -61.3% | ||||
| Net Profit Margin | -61.9% | ||||
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To see the full financial statements and ratios of Krrish Shalimar Projects Private Limited, buy the company report.
Board of directors of Krrish Shalimar Projects Private Limited
Krrish Shalimar Projects has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Seth Also directs: Shalimar Glasses Private Limited, Shalimar Ventures Private Limited, Shalimar Corp Limited and 5 more | Director | 24 Jun 2016 | 10 Years 4 Months | Current |
| Khalid Masood Also directs: A Square Capital Consultancy Services LLP, M.A. Infraestate LLP, Shalimar Glasses Private Limited and 5 more | Director | 11 Nov 2011 | 14 Years 11 Months | Current |
Auditor
Krrish Shalimar Projects Private Limited is audited by P Kant Tandon & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Kant Tandon & Co. | FY 2022 | 006786C |
Shareholding
The shareholding of Krrish Shalimar Projects 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) | |||||
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| Others |
To see the full shareholding pattern of Krrish Shalimar Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2019 | 100229827 | Others | ₹150 Cr | Open | |
| 31 Mar 2022 | 100565598 | State Bank of India | ₹25 Cr | Satisfied | |
| 29 Dec 2020 | 100429770 | State Bank of India | ₹4.45 Cr | Satisfied | |
| 29 Dec 2020 | 100429775 | State Bank of India | ₹4.84 Cr | Satisfied | |
| 14 Mar 2019 | 100249305 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Krrish Shalimar Projects Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Krrish Shalimar Projects Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹22.11 Cr; the latest was in March 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Shalimar Corp Limited Seller: an individual |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Funding round | ₹4 Cr | Investors: Shalimar Corp Limited , an individual |
| Apr 2015 | Rights issue | ₹1.45 Cr | Investors: Shalimar Corp Limited |
| Jan 2013 | Funding round | ₹16.66 Cr | Investors: Shalimar Corp Limited , an individual |
To see the full deal history of Krrish Shalimar Projects Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Krrish Shalimar Projects Private Limited has 9 court cases on record: 4 filed by Krrish Shalimar Projects, 5 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 2 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed by the company against Ees Projects Pv.T Ltd. | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by M/S Ess Projects Pvt. Ltd. | Disposed |
| District court, Faridabad, Haryana | Civil suit | Filed against the company | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against M/S Ibiza Town Resindents Welfare Association and 1 other | Disposed |
To see the full case history of Krrish Shalimar Projects 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 Krrish Shalimar Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Krrish Shalimar Projects Private Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Krrish Shalimar Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECK2346Q1Z6 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Krrish Shalimar Projects Private Limited, buy the company report.
Recent activity
Krrish Shalimar Projects Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Rajiv Khurana ceased to be Additional Director on 29 Sep 2023.
24 earlier events are in the company report.
Frequently asked questions
Krrish Shalimar Projects is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 July 2010 (16+ years old) and is registered under CIN U55101DL2010PTC205976.
Krrish Shalimar Projects has 2 current directors:
- Kunal Seth - Director
- Khalid Masood - Director
The latest financial statements of Krrish Shalimar Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Krrish Shalimar Projects is 06AAECK2346Q1Z6, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Krrish Shalimar Projects is U55101DL2010PTC205976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krrish Shalimar Projects has 9 court cases on record: 4 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Krrish Shalimar Projects was incorporated on 16 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Krrish Shalimar Projects has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹22.11 Cr; the latest was in March 2018.
Rajiv Khurana ceased to be Additional Director on 29 Sep 2023. Rajesh Katyal ceased to be Director on 19 Jul 2021. Amit Katyal ceased to be Director on 25 Jul 2019. Krrish Shalimar Projects has 10 board changes on record in total.
Krrish Shalimar Projects can be reached through the website ibizatown.co.in. Its registered office is in New Delhi, Delhi, India.