India's Richest People 2026 edition · 1 director · Source: Hurun India
- #994 Dipakkumar Govindbhai Patel ₹2,800 Cr
Maheshwari (Thaltej) Complex Private Limited
Maheshwari (Thaltej) Complex Private Limited - real estate and construction in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Active Private Limited Company real estate and construction
Revenue · FY 2025
₹2.6 Cr
▲ 33% YoY
Net profit · FY 2025
₹1.86 Cr
Net margin 71.3%
EBITDA · FY 2025
₹1.86 Cr
EBITDA margin 71.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹520 Cr
No open charges
Company age
24 yrs
Est. 2002
Employees · EPFO
2
Provident fund records
About Maheshwari (Thaltej) Complex Private Limited
Data last updated:
Maheshwari (Thaltej) Complex Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Siddhivinayak Securities Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 August 2002 and has been in existence for over 24 years.
Its director Dipakkumar Govindbhai Patel is #994 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2002PTC041055. Its GSTIN is 24AADCM7765N1ZW (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Ranchhodbhai Patel and Dipakkumar Govindbhai Patel.
Its last annual general meeting (AGM) was held on 29 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 ₹2.6 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹1.86 Cr (net margin 71.3%) and EBITDA of ₹1.86 Cr (EBITDA margin 71.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹520 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45201GJ2002PTC041055
Registration Number 041055
Incorporation Date 02 August 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Siddhivinayak Securities Private Limited
Compliance Status Active Compliant
Recognitions & Rankings of Maheshwari (Thaltej) Complex
Contact details
Maheshwari (Thaltej) Complex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- 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
To see the full contact details of Maheshwari (Thaltej) Complex Private Limited, buy the company report.
Comprehensive company report
Maheshwari (Thaltej) Complex Private Limited - one report that includes everything
- 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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Business activity
The main business activity of Maheshwari (Thaltej) Complex is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Maheshwari (Thaltej) Complex Private Limited, buy the company report.
Financials of Maheshwari (Thaltej) Complex Private Limited
FY 2025 filings availableMaheshwari (Thaltej) Complex Private Limited reported revenue of ₹2.6 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹2.6 Cr ▲ 33%
Net profit · FY 2025
₹1.86 Cr margin 71.3%
EBITDA · FY 2025
₹1.86 Cr margin 71.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 292%
3 years · compounded
▲ 36%
5 years · compounded
▲ 23%
Revenue rose 33% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 292% 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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| Total Expenses | |||||
| EBITDA | ₹1.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.86 Cr | ||||
| 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 | 71.3% | ||||
| Net Profit Margin | 71.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Maheshwari (Thaltej) Complex Private Limited, buy the company report.
Board of directors of Maheshwari (Thaltej) Complex Private Limited
Maheshwari (Thaltej) Complex has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Ranchhodbhai Patel Also directs: Shahil Infrastructure Private Limited, Yash Organiser Private Limited, Tarang Realty Private Limited and 1 more | Director | 02 Mar 2020 | 6 Years 7 Months | Current |
| Dipakkumar Govindbhai Patel | Director | 15 Jan 2008 | 18 Years 9 Months | Current |
Auditor
Maheshwari (Thaltej) Complex Private Limited is audited by J M PARIKH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M PARIKH & ASSOCIATES | FY 2021 | 118007W |
Shareholding
The shareholding of Maheshwari (Thaltej) Complex Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maheshwari (Thaltej) Complex Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹520 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2017 | 100099272 | Idbi Trusteeship Services Limited | ₹100 Cr | Satisfied | |
| 15 Jul 2015 | 10583657 | Others | ₹75 Cr | Satisfied | |
| 05 Mar 2015 | 10560327 | Idbi Trusteeship Services Limited | ₹225 Cr | Satisfied | |
| 20 Oct 2014 | 10530751 | Dmi Finance Private Limited | ₹20 Cr | Satisfied | |
| 26 Jun 2012 | 10366641 | Capital First Limited | ₹100 Cr | Satisfied |
To see the full charge records of Maheshwari (Thaltej) Complex Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Maheshwari (Thaltej) Complex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maheshwari (Thaltej) Complex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maheshwari (Thaltej) Complex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM7765N1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maheshwari (Thaltej) Complex Private Limited, buy the company report.
Recent activity
Maheshwari (Thaltej) Complex Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Mahesh Ranchhodbhai Patel ceased to be Additional Director on 22 Oct 2020.
AGM
Maheshwari (Thaltej) Complex Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Maheshwari (Thaltej) Complex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 27 Apr 2017 via Charge ID 100099272 with Idbi Trusteeship Services Limited was fully satisfied on 02 Feb 2021.
Ceased
Mahesh Ranchhodbhai Patel ceased to be Additional Director.
Appointed
Mahesh Ranchhodbhai Patel was appointed as Director.
Charges
A charge registered on 15 Jul 2015 via Charge ID 10583657 with Others was fully satisfied on 31 Jul 2019.
Ceased
Tarang Madhukar Desai ceased to be Director.
Ceased
Sanjay Manilal Kothari ceased to be Director.
Ceased
Tejas Chhanalal Joshi ceased to be Director.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 10,000.00 Lakh with Charge ID 100099272 was registered on 27 Apr 2017.
Charges
A charge with Others of Rs. 7,500.00 Lakh registered on 15 Jul 2015 with Charge ID 10583657 was modified on 27 Apr 2017.
Charges
A charge registered on 26 Jun 2012 via Charge ID 10366641 with Capital First Limited was fully satisfied on 03 Aug 2015.
11 earlier events are in the company report.
Frequently asked questions
Maheshwari (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 02 August 2002 (24+ years old) and is registered under CIN U45201GJ2002PTC041055.
Maheshwari (Thaltej) Complex has 2 current directors:
- Mahesh Ranchhodbhai Patel - Director
- Dipakkumar Govindbhai Patel - Director
The latest financial statements of Maheshwari (Thaltej) Complex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maheshwari (Thaltej) Complex is 24AADCM7765N1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Maheshwari (Thaltej) Complex is U45201GJ2002PTC041055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maheshwari (Thaltej) Complex was incorporated on 02 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mahesh Ranchhodbhai Patel ceased to be Additional Director on 22 Oct 2020. Mahesh Ranchhodbhai Patel was appointed as Director on 02 Mar 2020. Tarang Madhukar Desai ceased to be Director on 01 Jul 2018. Maheshwari (Thaltej) Complex has 9 board changes on record in total.
The registered office of Maheshwari (Thaltej) Complex is at Ganesh Corporate House 100 Ft.Hebatpur – Thaltej Road Near Sola Bridge Off S.G. Highway, Ahmedabad, Gujarat, India – 380054.
Maheshwari (Thaltej) Complex operates in the real estate and construction industry, in the real estate builders and developers segment.
Maheshwari (Thaltej) Complex has no open charges and satisfied charges of ₹520 Cr as per latest MCA filings.
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