Mahavir (Thaltej) Complex Private Limited
About Mahavir (Thaltej) Complex Private Limited
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Mahavir (Thaltej) Complex 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 28 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2002PTC041196. Its GSTIN is 24AADCM2565J1ZG (Gujarat).
The company has an authorised share capital of ₹1.05 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors Shekhar Govindbhai Patel and Dipakkumar Govindbhai Patel.
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 Ganesh Corporate House 100 Ft.Hebatpur – Thaltej Road Near Sola Bridge Off S.G. Highway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.92 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹3.26 Cr (net margin -36.5%) and EBITDA of ₹8.88 Cr (EBITDA margin 99.5%). Revenue has grown at a compounded annual rate (CAGR) of 165% over three years.
As per MCA filings, the company has satisfied charges of ₹137.61 Cr on record. Court records list 1 case involving the company; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹10 Cr; the latest was in March 2020. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is N. D. Land Consortium Private Limited with revenue of ₹8.94 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressGanesh Corporate House 100 Ft.Hebatpur – Thaltej Road Near Sola Bridge Off S.G. Highway, Ahmedabad, Gujarat, India – 380054
- 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
- One PDF report, delivered after checkout
Business Activity of Mahavir (Thaltej) Complex Private Limited
The main business activity of Mahavir (Thaltej) Complex is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mahavir (Thaltej) Complex Private Limited FY 2025 filings available
Mahavir (Thaltej) Complex Private Limited reported revenue of ₹8.92 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mahavir (Thaltej) Complex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 165% over three years, including 23% growth in the latest year. EBITDA rose 23% 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 of Mahavir (Thaltej) Complex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.88 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.26 Cr | •••• | •••• | •••• | •••• |
| 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 of Mahavir (Thaltej) Complex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -36.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mahavir (Thaltej) Complex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mahavir (Thaltej) Complex Private Limited
Mahavir (Thaltej) Complex Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| N. D. Land Consortium Private Limited | ₹8.94 Cr (FY 2025) | •••• | •••• | 152.0% | •••• | New Delhi, Delhi, India |
| Faith Builders and Realties Private Limited | ₹8.94 Cr (FY 2024) | •••• | •••• | 144.0% | •••• | Bhopal, Madhya Pradesh, India |
| Blue Mountain Dwelling Private Limited | ₹8.93 Cr (FY 2024) | •••• | •••• | -51.0% | •••• | New Delhi, Delhi, India |
| Shardey Infracon Private Limited | ₹8.93 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Vadodara, Gujarat, India |
| Tarman Ekam Developers Private Limited | ₹8.92 Cr (FY 2022) | •••• | •••• | •••• | Mohali, Punjab, India | |
| Mahavir (Thaltej) Complex Private Limited this company | ₹8.92 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ahmedabad, Gujarat, India |
| Mexcel Engineering India Private Limited | ₹8.92 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sterling and Wilson Property Developers Pvt Ltd | ₹8.91 Cr (FY 2025) | •••• | •••• | 2266.0% | •••• | Mumbai, Maharashtra, India |
| Puri Buildwell Private Limited | ₹8.91 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Delhi, India |
| Dada Homes Private Limited | ₹8.91 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Kamptee, Maharashtra, India |
| Daksh Buildcon Private Limited | ₹8.91 Cr (FY 2024) | •••• | •••• | 102.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mahavir (Thaltej) Complex by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mahavir (Thaltej) Complex Private Limited
Mahavir (Thaltej) Complex Private Limited is audited by J M PARIKH AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J M PARIKH AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mahavir (Thaltej) Complex Private Limited
Mahavir (Thaltej) Complex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Govindbhai Patel | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
| Dipakkumar Govindbhai Patel | Director | 15 Jan 2008 | 18 Years 9 Months | Current |
Ownership and Shareholding of Mahavir (Thaltej) Complex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mahavir (Thaltej) Complex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2016 | Others | ₹11.2 Cr | Satisfied |
| 29 May 2014 | Dmi Finance Private Limited | ₹20 Cr | Satisfied |
| 08 Mar 2013 | Il & Fs Trust Company Limited | ₹27.41 Cr | Satisfied |
| 15 Feb 2013 | Dmi Finance Private Limited | ₹34 Cr | Satisfied |
| 30 Sep 2011 | Religare Finvest Limited | ₹5 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Mahavir (Thaltej) Complex Private Limited
Mahavir (Thaltej) Complex Private Limited has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹10 Cr; the latest was in March 2020.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Full deal history
All 4 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.
Legal Cases of Mahavir (Thaltej) Complex Private Limited
Mahavir (Thaltej) Complex Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Company is another party | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Mahavir (Thaltej) Complex Private Limited
Employment history and EPFO contributions of people linked to Mahavir (Thaltej) Complex.
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 Mahavir (Thaltej) Complex Private Limited
Mahavir (Thaltej) Complex Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Abhaykumar Manoranjan Prasad Singh ceased to be Director on 23 Jan 2019.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mahavir (Thaltej) Complex Private 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 Mahavir (Thaltej) Complex Private 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mahavir (Thaltej) Complex Private 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
Verified entity values are shown only after access is granted.
GST Compliance of Mahavir (Thaltej) Complex Private Limited
Mahavir (Thaltej) Complex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM2565J1ZG | Gujarat | Active | 08 Mar 2018 |
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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mahavir (Thaltej) Complex Private 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.
Frequently Asked Questions about Mahavir (Thaltej) Complex Private Limited
Mahavir (Thaltej) Complex 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 28 August 2002 (24+ years old) and is registered under CIN U45201GJ2002PTC041196.
Mahavir (Thaltej) Complex reported revenue of ₹8.92 Cr for FY 2025 (up 23% YoY).
Mahavir (Thaltej) Complex has 2 current directors:
- Shekhar Govindbhai Patel - Director
- Dipakkumar Govindbhai Patel - Director
Mahavir (Thaltej) Complex reported a net loss of ₹3.26 Cr (net margin -36.5%) and EBITDA of ₹8.88 Cr (EBITDA margin 99.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mahavir (Thaltej) Complex is 165% over three years. In the latest year (FY 2025) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mahavir (Thaltej) Complex is 24AADCM2565J1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Mahavir (Thaltej) Complex is U45201GJ2002PTC041196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahavir (Thaltej) Complex has 1 court case on record. 1 is pending.
Mahavir (Thaltej) Complex was incorporated on 28 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mahavir (Thaltej) Complex has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹10 Cr; the latest was in March 2020.
The peers of Mahavir (Thaltej) Complex by revenue are N. D. Land Consortium Private Limited, Faith Builders and Realties Private Limited, Blue Mountain Dwelling Private Limited, Shardey Infracon Private Limited, Tarman Ekam Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).