Memon Properties Private Limited
About Memon Properties Private Limited
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Memon Properties Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2010PTC062187.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹10 Lakh. It is led by directors Sofiya Bilal Lakadia and Bilal Hasambhai Lakadia.
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 Office No.3 Arpan Flats Nr. Shishuvihar Circle Shishuvihar, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2024, the company reported a revenue of ₹45,350, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹8,150 (net margin -18%) and EBITDA of -₹8,150 (EBITDA margin -18%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years.
As per MCA filings, the company has satisfied charges of ₹43.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Memon Properties Private Limited's registered office is in Bhavnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.3 Arpan Flats Nr. Shishuvihar Circle Shishuvihar, Bhavnagar, Gujarat, India – 364001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Memon Properties 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
Financials of Memon Properties Private Limited
FY 2025 filings availableMemon Properties Private Limited reported revenue of ₹45,350 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 87% over three years. EBITDA fell 100% 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 | -₹8,150 | ||||
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| Net Profit (PAT) | -₹8,150 | ||||
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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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| Profitability | |||||
| EBITDA Margin | -18% | ||||
| Net Profit Margin | -18% | ||||
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To see the full financial statements and ratios of Memon Properties Private Limited, buy the company report.
Board of directors of Memon Properties Private Limited
Memon Properties has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sofiya Bilal Lakadia Also directs: Alang Metal and Realtors Private Limited | Director | 01 Sep 2010 | 16 Years 1 Months | Current |
| Bilal Hasambhai Lakadia | Director | 01 Sep 2010 | 16 Years 1 Months | Current |
Peer comparison
Memon Properties Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Edenbay Real Estate Private Limited | ₹45,500 (FY 2018) | -9.0% | Mumbai, Maharashtra, India | |||
| Feng Shui Homes Private Limited | ₹45,500 (FY 2024) | 76.0% | Patna, Bihar, India | |||
| Como Projects Private Limited | ₹45,500 (FY 2025) | -24.0% | New Delhi, Delhi, India | |||
| Vimla Research and Development Private Limited | ₹45,411 (FY 2025) | Kanpur, Uttar Pradesh, India | ||||
| Memon Properties Private Limitedthis company | ₹45,350 (FY 2024) | -₹8,150 | -18% | -100.0% | Bhavnagar, Gujarat, India | |
| Northern India Promoters Private Limited | ₹45,350 (FY 2023) | 2.0% | ||||
| Garden City Housing and Construction Limited | ₹45,334 (FY 2025) | 0.0% | Bangalore, Karnataka, India | |||
| Akr Property Developers Private Limited | ₹45,333 (FY 2025) | -85.0% | Bengaluru, Karnataka, India | |||
| Suraksha Nirman Private Limited | ₹45,300 (FY 2025) | Kolkata, West Bengal, India | ||||
| Goodstone Developers Private Limited | ₹45,252 (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Greenfly Properties Private Limited | ₹45,203 (FY 2024) | 17.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Memon Properties Private Limited, buy the company report.
Auditor
Memon Properties Private Limited is audited by A G BADAMI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A G BADAMI & CO | FY 2018 | 132577W |
Shareholding
The shareholding of Memon Properties Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Memon Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2012 | 10394553 | State Bank of India | ₹14 Cr | Satisfied | |
| 21 Feb 2011 | 10275697 | Union Bank of India | ₹29.5 Cr | Satisfied |
To see the full charge records of Memon Properties Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Memon Properties Private Limited has 1 court case on record: 1 filed by Memon Properties. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhavnagar, Gujarat | Court case (SPCS) | Filed by the company against Eccono Broking Pvt Ltd Through Darshanbhai Dilipbhai Vasani | Disposed |
To see the full case history of Memon Properties 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 Memon Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Memon Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Memon Properties Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Abdulkarim Ibrahim Jaka ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Memon Properties is an active private limited company based in Bhavnagar, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 September 2010 (16+ years old) and is registered under CIN U45200GJ2010PTC062187.
Memon Properties has 2 current directors:
- Sofiya Bilal Lakadia - Director
- Bilal Hasambhai Lakadia - Director
The latest financial statements of Memon Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Memon Properties is U45200GJ2010PTC062187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Memon Properties has 1 court case on record: 1 filed by the company.
Memon Properties was incorporated on 01 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Memon Properties by revenue are Edenbay Real Estate Private Limited, Feng Shui Homes Private Limited, Como Projects Private Limited, Vimla Research and Development Private Limited, Northern India Promoters Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Abdulkarim Ibrahim Jaka ceased to be Additional Director on 30 Sep 2016. Bilal Hasambhai Lakadia was appointed as Director on 01 Sep 2010. Sofiya Bilal Lakadia was appointed as Director on 01 Sep 2010.
The registered office of Memon Properties is at Office No.3 Arpan Flats Nr. Shishuvihar Circle Shishuvihar, Bhavnagar, Gujarat, India – 364001.
Memon Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
Memon Properties has no open charges and satisfied charges of ₹43.5 Cr as per latest MCA filings.