About Paikar Real Estates Private Limited
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Paikar Real Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shapoorji Pallonji Real Estate Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45209MH2018PTC311099. Its GSTIN is 27AAJCP9455C1Z5 (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 Sumit Sapru and Sreeram Kuppa.
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 Sp Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹145.81 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net loss of ₹49.01 Cr (net margin -33.6%) and EBITDA of -₹43.93 Cr (EBITDA margin -30.1%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 232% over five years.
As per MCA filings, the company has open charges of ₹165 Cr and satisfied charges of ₹390 Cr on record.
For more details, the company can be reached via its website shapoorjipallonji.com.
Company details
Contact details
Paikar Real Estates Private Limited's registered office is in Mumbai, Maharashtra. Its website is shapoorjipallonji.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSp Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Paikar Real 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 Paikar Real Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Paikar Real Estates Private Limited, buy the company report.
Financials of Paikar Real Estates Private Limited
FY 2025 filings availablePaikar Real Estates Private Limited reported revenue of ₹145.81 Cr (up 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 232% over five years, including 59% growth in the latest year. EBITDA rose 9% 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 | -₹43.93 Cr | ||||
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| Net Profit (PAT) | -₹49.01 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 | -30.1% | ||||
| Net Profit Margin | -33.6% | ||||
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To see the full financial statements and ratios of Paikar Real Estates Private Limited, buy the company report.
Board of directors of Paikar Real Estates Private Limited
Paikar Real Estates has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Sapru Also directs: Floreat Investments Private Limited, Relationship Properties Private Limited, Mangalesh Ventures Private Limited and 5 more | Director | 29 May 2023 | 3 Years 5 Months | Current |
| Sreeram Kuppa Also directs: Ricardo Constructions Private Limited, Floreat Investments Private Limited, Insight Properties Private Limited and 2 more | Director | 14 Jan 2020 | 6 Years 9 Months | Current |
| Prashant Shantaram Parab Also directs: Floreat Investments Private Limited, Nuevo Consultancy Services Private Limited, Grand View Estates Private Limited and 3 more | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Paikar Real Estates 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 (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pardos Real Estate Private Limited | ₹147.99 Cr (FY 2025) | -66.0% | New Delhi, Delhi, India | |||
| Skystar Buildcon Private Limited | ₹147.4 Cr (FY 2023) | -9.0% | Mumbai, Maharashtra, India | |||
| High End Infratech Private Limited | ₹147.25 Cr (FY 2024) | 79.0% | Delhi, India | |||
| Orbit Tirupati Towers Private Limited | ₹146.83 Cr (FY 2024) | 827.0% | Kolkata, West Bengal, India | |||
| Paikar Real Estates Private Limitedthis company | ₹145.81 Cr (FY 2025) | -₹49.01 Cr | -33.6% | 59.0% | Mumbai, Maharashtra, India | |
| Divyasree Infrastructure Projects Private Limited | ₹144.93 Cr (FY 2024) | -68.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Paikar Real Estates Private Limited, buy the company report.
Auditor
Paikar Real Estates Private Limited is audited by Sharp and Tannan Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharp and Tannan Associates | FY 2023 | 109983W |
Shareholding
The shareholding of Paikar Real Estates 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 Paikar Real Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2023 | 100737753 | Idbi Trusteeship Services Limited | ₹85 Cr | Satisfied | |
| 29 May 2023 | 100737755 | Idbi Trusteeship Services Limited | ₹80 Cr | Satisfied | |
| 14 May 2021 | 100472717 | Yes Bank Limited | ₹25 Cr | Satisfied | |
| 30 May 2019 | 100270376 | Yes Bank Limited | ₹200 Cr | Satisfied |
To see the full charge records of Paikar Real Estates Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Paikar Real Estates 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
Paikar Real Estates Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 279 overdue payments to 51 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 51)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Xlsys Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Paikar Real Estates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Paikar Real Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP9455C1Z5 | Maharashtra | Active | 08 Oct 2018 |
To see the full GST registrations and return filing status of Paikar Real Estates Private Limited, buy the company report.
Recent activity
Paikar Real Estates Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Neerav Amreet Parmar ceased to be Director on 05 Mar 2025.
11 earlier events are in the company report.
Frequently asked questions
Paikar Real 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 22 June 2018 (8+ years old) and is registered under CIN U45209MH2018PTC311099.
Paikar Real Estates has 3 current directors:
- Sumit Sapru - Director
- Sreeram Kuppa - Director
- Prashant Shantaram Parab - Director
The latest financial statements of Paikar Real Estates 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 FY 2019 are in the company report.
The GSTIN of Paikar Real Estates is 27AAJCP9455C1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paikar Real Estates is U45209MH2018PTC311099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paikar Real Estates was incorporated on 22 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paikar Real Estates by revenue are Pardos Real Estate Private Limited, Skystar Buildcon Private Limited, High End Infratech Private Limited, Orbit Tirupati Towers Private Limited, Divyasree Infrastructure Projects Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Neerav Amreet Parmar ceased to be Director on 05 Mar 2025. Prashant Shantaram Parab ceased to be Additional Director on 27 Aug 2023. Sumit Sapru ceased to be Additional Director on 27 Aug 2023. Paikar Real Estates has 8 board changes on record in total.
Paikar Real Estates has 11 MSME Form 1 returns on record between 2019 and 2023, listing 279 overdue payments to 51 micro and small suppliers. The latest return was filed on 09 Nov 2023.
Paikar Real Estates can be reached through the website shapoorjipallonji.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Paikar Real Estates is at Sp Centre 4144 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
Paikar Real Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
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