
About Potential Builders Pvt Ltd
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Potential Builders Pvt Ltd 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 31 July 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1985PTC037008. Its GSTIN is 27AAACP2737L1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Avinash Sujal Vyas and Karishma Vipul Mangal.
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 Thakur Houseashok Nagar Kandivali (E), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.61 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹9.74 Cr (net margin 49.6%) and EBITDA of ₹14.26 Cr (EBITDA margin 72.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹34.56 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thakurgroupofcos.com.
Company details
Contact details
Potential Builders Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is thakurgroupofcos.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressThakur Houseashok Nagar Kandivali (E), Mumbai, Maharashtra, India – 400101
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Potential Builders Pvt Ltd, 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 Potential Builders 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 Potential Builders Pvt Ltd, buy the company report.
Financials of Potential Builders Pvt Ltd
FY 2025 filings availablePotential Builders Pvt Ltd reported revenue of ₹19.61 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 8% growth in the latest year. EBITDA fell 1% 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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| EBITDA | ₹14.26 Cr | ||||
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| Net Profit (PAT) | ₹9.74 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 72.7% | ||||
| Net Profit Margin | 49.6% | ||||
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To see the full financial statements and ratios of Potential Builders Pvt Ltd, buy the company report.
Board of directors of Potential Builders Pvt Ltd
Potential Builders has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Sujal Vyas Also directs: Avishek Jewels LLP | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Karishma Vipul Mangal Also directs: Thakur Fininvest Private Limited, Thakur Estate Development Pvt Ltd, Lavender Buildcon Private Limited and 1 more | Director | 01 Aug 2013 | 13 Years 3 Months | Current |
| Virendra Shyamnarayan Singh | Director | 31 Mar 2016 | 10 Years 7 Months | Current |
| Karan Virendra Singh | Director | 31 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Potential Builders Pvt Ltd is audited by Arun P. Vaz & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arun P. Vaz & Co. | FY 2023 | 129205 |
Shareholding
The shareholding of Potential Builders Pvt Ltd 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 Potential Builders Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2008 | 10097965 | Vijaya Bank | ₹15 Cr | Satisfied | |
| 04 Mar 2008 | 10093316 | Punjab National Bank | ₹4.65 Cr | Satisfied | |
| 04 Mar 2008 | 10093318 | Punjab National Bank | ₹1.81 Cr | Satisfied | |
| 29 Feb 2008 | 10093313 | Punjab National Bank | ₹1.81 Cr | Satisfied | |
| 29 Feb 2008 | 10093312 | Punjab National Bank | ₹4.65 Cr | Satisfied |
To see the full charge records of Potential Builders Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Potential Builders Pvt Ltd has 3 court cases on record: 3 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Shanta Creations Private Limited | Pending |
| Supreme Court | Court case (2405-Indirect Taxation : Service Tax) | Filed against the company by Inox Leisure Limited Through Its Director Through Its Director Having Its Office at Fame Adlabs, 2Nd Floor, Andheri Link Road , District: Oshiwara ,Mumbai , Maharashtra | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Thakur Blue Heaven Co-Operative Housing Society Ltd. and 4 Ors Khushal Jadhavar, Vishaki Bhatia and 3 others | Pending |
To see the full case history of Potential Builders Pvt Ltd, 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 Potential Builders Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Potential Builders Pvt Ltd has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Potential Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP2737L1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Potential Builders Pvt Ltd, buy the company report.
Recent activity
Potential Builders Pvt Ltd has 13 board changes on record since 2010: 4 appointments and 9 cessations. The latest: Avinash Sujal Vyas ceased to be Additional Director on 22 Sep 2022.
18 earlier events are in the company report.
Frequently asked questions
Potential Builders 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 31 July 1985 (41+ years old) and is registered under CIN U70101MH1985PTC037008.
Potential Builders has 4 current directors:
- Avinash Sujal Vyas - Director
- Karishma Vipul Mangal - Director
- Virendra Shyamnarayan Singh - Director
- Karan Virendra Singh - Director
The latest financial statements of Potential Builders 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 GSTIN of Potential Builders is 27AAACP2737L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Potential Builders is U70101MH1985PTC037008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Potential Builders has 3 court cases on record: 3 filed against it. 3 are pending. Most are in the district courts.
Potential Builders was incorporated on 31 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Avinash Sujal Vyas ceased to be Additional Director on 22 Sep 2022. Avinash Sujal Vyas was appointed as Director on 17 Jan 2022. Varsha Virendrakumar Singh ceased to be Director on 31 Mar 2016. Potential Builders has 13 board changes on record in total.
Potential Builders can be reached through the website thakurgroupofcos.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Potential Builders is at Thakur Houseashok Nagar Kandivali E, Mumbai, Maharashtra, India – 400101.

