Maharashtra Erectors Private Limited
About Maharashtra Erectors Private Limited
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Maharashtra Erectors Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 August 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45201PN1991PTC062960. Its GSTIN is 27AABCM1792R2ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹34.96 Lakh. It was formerly known as Maharashtra Erectors Limited. It is led by directors including Sabina Anilkumar Sanghvi and Anilkumar Sanghvi.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No.92 Tathawade Taluka Mulshi, Pune, Maharashtra, India – 411033.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.18 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹42.57 Cr (net margin 56.6%) and EBITDA of ₹67.83 Cr (EBITDA margin 90.2%). Revenue has grown at a compounded annual rate (CAGR) of 57% 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 ₹18.21 Cr on record. Court records list 36 cases involving the company, including 7 filed by the company and 30 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Maharashtra Erectors Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressSurvey No.92 Tathawade Taluka Mulshi, Pune, Maharashtra, India – 411033
- 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
Business activity
The main business activity of Maharashtra Erectors 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 Maharashtra Erectors Private Limited, buy the company report.
Financials of Maharashtra Erectors Private Limited
FY 2025 filings availableMaharashtra Erectors Private Limited reported revenue of ₹75.18 Cr (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 54% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 55% 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 | ₹67.83 Cr | ||||
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| Net Profit (PAT) | ₹42.57 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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| Profitability | |||||
| EBITDA Margin | 90.2% | ||||
| Net Profit Margin | 56.6% | ||||
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To see the full financial statements and ratios of Maharashtra Erectors Private Limited, buy the company report.
Board of directors of Maharashtra Erectors Private Limited
Maharashtra Erectors has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sabina Anilkumar Sanghvi Also directs: Ssoulfit LLP | Director | 25 Jan 1994 | 32 Years 9 Months | Current |
| Shibani Jay Bhagat | Additional Director | 20 Jun 2025 | 1 Years 4 Months | Current |
| Anilkumar Sanghvi Also directs: Sanghvi Erectors Private Limited | Director | 16 Aug 1991 | 35 Years 2 Months | Current |
Peer comparison
Maharashtra Erectors Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Universal Buildwell Private Limited | ₹75.52 Cr (FY 2015) | -45.0% | New Delhi, Delhi, India | |||
| Shree Ram Urban Infrastructure Limited | ₹75.45 Cr (FY 2017) | -28.0% | Mumbai, Maharashtra, India | |||
| JMS Infra Build Private Limited | ₹75.4 Cr (FY 2025) | 67.0% | Gurugram, Haryana, India | |||
| Maharashtra Erectors Private Limitedthis company | ₹75.18 Cr (FY 2025) | ₹42.57 Cr | 56.6% | -54.0% | Pune, Maharashtra, India | |
| Amazing Real Estate Private Limited | ₹75.13 Cr (FY 2024) | 560.0% | Zirakpur, Punjab, India |
To see the full peer comparison of Maharashtra Erectors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2024 | 100963648 | Others | ₹2.7 Cr | Open | |
| 06 Sep 2004 | 80054018 | The Saraswat Co-Operative Bank Limited | ₹2.03 Cr | Open | |
| 16 Feb 2000 | 90085291 | The Saraswat Co-Operative Bank Ltd. | ₹40 Lakh | Open | |
| 24 Mar 1999 | 90085035 | The Industrial Credit & Investment Corporation of India Ltd. | ₹5 Cr | Open | |
| 11 Feb 1999 | 90084992 | The Saraswat Co-Operative Bank Ltd. | ₹1.35 Cr | Open |
To see the full charge records of Maharashtra Erectors Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Maharashtra Erectors Private Limited has 36 court cases on record: 7 filed by Maharashtra Erectors, 30 filed against it. 4 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 17 | 1 |
| High courts | 17 | 13 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed by the company against Sharekhan Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Dilip Chhabria Design Pvt.Ltd. and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Maharashtra Erectors Pvt. Ltd. Etc 2 and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against 5 Maharashtra Erectors Pvt Ltd and 4 others | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against Sharekhan Ltd. | Disposed |
To see the full case history of Maharashtra Erectors 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 Maharashtra Erectors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maharashtra Erectors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM1792R2ZS | Maharashtra | Active | 13 Mar 2018 |
To see the full GST registrations and return filing status of Maharashtra Erectors Private Limited, buy the company report.
Recent activity
Maharashtra Erectors Private Limited has 5 board changes on record since 1991: 3 appointments and 2 cessations. The latest: Shibani Jay Bhagat was appointed as Additional Director on 20 Jun 2025.
13 earlier events are in the company report.
Frequently asked questions
Maharashtra Erectors is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 August 1991 (35+ years old) and is registered under CIN U45201PN1991PTC062960.
Maharashtra Erectors has 3 current directors:
- Sabina Anilkumar Sanghvi - Director
- Shibani Jay Bhagat - Additional Director
- Anilkumar Sanghvi - Director
The latest financial statements of Maharashtra Erectors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maharashtra Erectors is 27AABCM1792R2ZS, registered in Maharashtra. 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 Maharashtra Erectors is U45201PN1991PTC062960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharashtra Erectors has 36 court cases on record: 7 filed by the company and 30 filed against it. 4 are pending. Most are in the district courts.
Maharashtra Erectors was incorporated on 16 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Maharashtra Erectors by revenue are Universal Buildwell Private Limited, Shree Ram Urban Infrastructure Limited, JMS Infra Build Private Limited, Amazing Real Estate Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Shibani Jay Bhagat was appointed as Additional Director on 20 Jun 2025. Chandrakant Phoolchand Sanghvi ceased to be Director on 08 Apr 2019. Mina Chandrakant Sanghvi ceased to be Director on 27 Mar 2014. Maharashtra Erectors has 5 board changes on record in total.
The registered office of Maharashtra Erectors is at Survey No.92 Tathawade Taluka Mulshi, Pune, Maharashtra, India – 411033.
Maharashtra Erectors operates in the real estate and construction industry, in the real estate builders and developers segment.
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