About Manav Infrastructure Private Limited
Data last updated:
Manav Infrastructure 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 15 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2006PTC048481. Its GSTIN is 24AAHCM0966H1ZG (Gujarat).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹43.06 Cr. It is led by directors Charansingh Dalpat Solanki and Binita Shah Ashishbhai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 406 4th Floor Balaji Mol Near D Mart Showroom Near Vishwakarma Mandir Motera, Ahmedabad, Gujarat, India – 382424.
As per the financials filed for FY 2024, the company reported a revenue of ₹123.73 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹123.91 Cr (net margin -100.1%) and EBITDA of -₹123.58 Cr (EBITDA margin -99.9%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 16% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹686.18 Cr and satisfied charges of ₹356.6 Cr on record. Court records list 78 cases involving the company, including 15 filed by the company and 63 filed against it; 21 cases are pending. The company has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹343.12 Cr; the latest was in October 2021. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 2 smaller; the largest is Chaithanya Projects Private Limited with revenue of ₹124.41 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreebalajiconstruction.com.
Company details
Contact details
Manav Infrastructure Private Limited's registered office is in Ahmedabad, Gujarat. Its website is shreebalajiconstruction.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address406 4th Floor Balaji Mol Near D Mart Showroom Near Vishwakarma Mandir Motera, Ahmedabad, Gujarat, India – 382424
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Manav Infrastructure 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 Manav Infrastructure 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 Manav Infrastructure Private Limited, buy the company report.
Financials of Manav Infrastructure Private Limited
FY 2024 filings availableManav Infrastructure Private Limited reported revenue of ₹123.73 Cr (up 273% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 273% growth in the latest year. EBITDA fell 880% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹123.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹123.91 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -99.9% | ||||
| Net Profit Margin | -100.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Manav Infrastructure Private Limited, buy the company report.
Board of directors of Manav Infrastructure Private Limited
Manav Infrastructure has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charansingh Dalpat Solanki Also directs: Manav Nesvi Trendz Private Limited, TWT Textiles Private Limited, Siddhivinayak Buildwell Private Limited and 1 more | Director | 19 Dec 2023 | 2 Years 10 Months | Current |
| Binita Shah Ashishbhai Also directs: Swastikmanav Buildspace LLP, Odelia Club LLP, Manav Nesvi Trendz Private Limited and 3 more | Director | 15 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
Manav Infrastructure 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 |
|---|---|---|---|---|---|---|
| Chaithanya Projects Private Limited | ₹124.41 Cr (FY 2025) | -22.0% | Bangalore, Karnataka, India | |||
| Et Infra Developers Private Limited | ₹124.38 Cr (FY 2024) | 19.0% | Delhi, India | |||
| Landmark Housing Projects (India) Private Limited | ₹124.34 Cr (FY 2023) | 624.0% | Chennai, Tamil Nadu, India | |||
| Manav Infrastructure Private Limitedthis company | ₹123.73 Cr (FY 2024) | -₹123.91 Cr | -100.1% | 273.0% | 8 | Ahmedabad, Gujarat, India |
| Anuhar Homes Private Limited | ₹123.35 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India | |||
| Nandi Housing Private Limited | ₹123.13 Cr (FY 2025) | 207.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Manav Infrastructure Private Limited, buy the company report.
Auditor
Manav Infrastructure Private Limited is audited by Rishi Sekhri & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rishi Sekhri & Associates | FY 2023 | 128216W |
Shareholding
The shareholding of Manav Infrastructure 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manav Infrastructure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2021 | 100522117 | Uco Bank | ₹6.3 Cr | Open | |
| 30 Nov 2021 | 100514579 | Others | ₹17.09 Cr | Open | |
| 30 Nov 2021 | 100514631 | Others | ₹25.53 Cr | Open | |
| 09 Nov 2021 | 100496124 | Uco Bank | ₹12 Cr | Open | |
| 28 Oct 2021 | 100496202 | Others | ₹18.25 Cr | Open |
To see the full charge records of Manav Infrastructure Private Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Manav Infrastructure Private Limited has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹343.12 Cr; the latest was in October 2021.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Funding round | ₹210 Cr | Investors: 2 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2017 | Funding round | ₹93.67 Cr | Investors: 3 individuals |
| Jan 2017 | Funding round | ₹15 Cr | Investors: 2 individuals |
To see the full deal history of Manav Infrastructure 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
Manav Infrastructure Private Limited has 78 court cases on record: 15 filed by Manav Infrastructure, 63 filed against it. 21 cases are pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 40 | 32 | 8 |
| District courts | 37 | 31 | 13 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed against the company by Ascent Construction Pvt. Ltd. Through Anand Sharma Son of Om Prakash Sharma | Disposed |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by HDB Financial Services Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Dubond Silicon (India) Private Limited | Disposed |
| Supreme Court | Court case (1431-Criminal Matters : Matters challenging prosecution under Negotiable Instruments Act) | Filed by the company against M/S Ascent Construction Pvt Ltd. Through Its Authorised Representative Dharmendra Singh Chaudhary Through Its Authorised Representative Dharmendra Singh Chaudhary at D 43, Sector 6 Noida ,Noida , Uttar Pradesh and 1 other | Disposed |
To see the full case history of Manav Infrastructure 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.
Credit ratings & regulatory alerts
Manav Infrastructure Private Limited was last rated by Indiarating on 29 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 29 Dec 2020 |
To see the full credit ratings and regulatory alerts of Manav Infrastructure Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Manav Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Manav Infrastructure Private Limited has a workforce of 8 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Manav Infrastructure has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCM0966H1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manav Infrastructure Private Limited, buy the company report.
Recent activity
Manav Infrastructure Private Limited has 9 board changes on record since 2006: 2 appointments and 7 cessations. The latest: Charansingh Dalpat Solanki ceased to be Additional Director on 24 Jan 2024.
56 earlier events are in the company report.
Frequently asked questions
Manav Infrastructure 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 15 June 2006 (20+ years old) and is registered under CIN U45201GJ2006PTC048481.
Manav Infrastructure has 2 current directors:
- Charansingh Dalpat Solanki - Director
- Binita Shah Ashishbhai - Director
The latest financial statements of Manav Infrastructure on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Manav Infrastructure is 24AAHCM0966H1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Manav Infrastructure is U45201GJ2006PTC048481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manav Infrastructure has 78 court cases on record: 15 filed by the company and 63 filed against it. 21 are pending. Most are in the high courts.
Manav Infrastructure was incorporated on 15 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manav Infrastructure has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹343.12 Cr; the latest was in October 2021.
The peers of Manav Infrastructure by revenue are Chaithanya Projects Private Limited, Et Infra Developers Private Limited, Landmark Housing Projects (India) Private Limited, Anuhar Homes Private Limited, Nandi Housing Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Charansingh Dalpat Solanki ceased to be Additional Director on 24 Jan 2024. Charansingh Dalpat Solanki was appointed as Director on 19 Dec 2023. Milan Rameshbhai Ratnani ceased to be Additional Director on 16 Dec 2023. Manav Infrastructure has 9 board changes on record in total.
Manav Infrastructure can be reached through the website shreebalajiconstruction.com. Its registered office is in Ahmedabad, Gujarat, India.