
Mayrose Estates Private Limited
About Mayrose Estates Private Limited
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Mayrose Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2002PTC135929. Its GSTIN is 27AADCM1739J1ZC (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Jyotindra Shantilal Patel and Rajendra Jamnadas Saraiya.
Its last annual general meeting (AGM) was held on 22 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor 298 City Ice Building Perin Nariman Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.26 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹5.68 Lakh (net margin 28%) and EBITDA of ₹13.04 Lakh (EBITDA margin 64.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mayrose Estates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor 298 City Ice Building Perin Nariman Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mayrose Estates 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 Mayrose Estates is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Mayrose Estates Private Limited, buy the company report.
Financials of Mayrose Estates Private Limited
FY 2024 filings availableMayrose Estates Private Limited reported revenue of ₹20.26 Lakh (down 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 43% fall in the latest year. EBITDA fell 51% 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 |
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| EBITDA | ₹13.04 Lakh | ||||
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| Net Profit (PAT) | ₹5.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 64.4% | ||||
| Net Profit Margin | 28% | ||||
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To see the full financial statements and ratios of Mayrose Estates Private Limited, buy the company report.
Board of directors of Mayrose Estates Private Limited
Mayrose Estates has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyotindra Shantilal Patel | Director | 02 Feb 2009 | 17 Years 9 Months | Current |
| Rajendra Jamnadas Saraiya | Director | 30 Sep 2016 | 10 Years 1 Months | Current |
| Ashit Madhusudan Patel Also directs: Dhawal Giri Estates Private Limited, Devbhumi Estates (Mumbai) Private Limited, A & H Advisory Services LLP and 5 more | Director | 02 Feb 2009 | 17 Years 9 Months | Current |
| Mahesh Madanlal Shah Also directs: Inaara Skin Care LLP, Aromix Private Limited, Aarohi Polymers Private Limited and 5 more | Director | 03 Dec 2020 | 5 Years 11 Months | Current |
Auditor
Mayrose Estates Private Limited is audited by JOY DALIA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOY DALIA & CO | FY 2017 | 104460W |
Shareholding
The shareholding of Mayrose Estates Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mayrose Estates Private Limited, buy the company report.
Legal cases
Mayrose Estates Private Limited has 3 court cases on record: 3 filed by Mayrose Estates. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (TE) | Filed by the company against individuals | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (TE) | Filed by the company against individuals | Disposed |
To see the full case history of Mayrose Estates 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 Mayrose Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mayrose Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM1739J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mayrose Estates Private Limited, buy the company report.
Recent activity
Mayrose Estates Private Limited has 10 board changes on record since 2008: 4 appointments and 6 cessations. The latest: Mahesh Madanlal Shah ceased to be Additional Director on 30 Sep 2021.
1 earlier event is in the company report.
Frequently asked questions
Mayrose Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 May 2002 (24+ years old) and is registered under CIN U70100MH2002PTC135929.
Mayrose Estates has 4 current directors:
- Jyotindra Shantilal Patel - Director
- Rajendra Jamnadas Saraiya - Director
- Ashit Madhusudan Patel - Director
- Mahesh Madanlal Shah - Director
The latest financial statements of Mayrose Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 22 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mayrose Estates is 27AADCM1739J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mayrose Estates is U70100MH2002PTC135929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mayrose Estates has 3 court cases on record: 3 filed by the company.
Mayrose Estates was incorporated on 20 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahesh Madanlal Shah ceased to be Additional Director on 30 Sep 2021. Mahesh Madanlal Shah was appointed as Director on 03 Dec 2020. Bhalchandra Jagjivandas Shah ceased to be Director on 16 Oct 2020. Mayrose Estates has 10 board changes on record in total.
The registered office of Mayrose Estates is at 2nd Floor 298 City Ice Building Perin Nariman Street Fort, Mumbai, Maharashtra, India – 400001.
Mayrose Estates operates in the real estate and construction industry, in the real estate builders and developers segment.

