About Parinee Realtors Private Limited
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Parinee Realtors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Parinee Realty Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2010PTC205505. Its GSTIN is 27AAFCP5837N2ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vipul Dilip Shah and Dhaval Dilipbhai Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.36 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹12.09 Cr (net margin -73.9%) and EBITDA of -₹7.23 Cr (EBITDA margin -44.2%). Revenue has declined at a compounded annual rate (CAGR) of 347% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹377.6 Cr and satisfied charges of ₹674 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is 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 parinee.com.
Company details
Contact details
Parinee Realtors Private Limited's registered office is in Mumbai, Maharashtra. Its website is parinee.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFlat No.102/103 1st Floor Smag House Plot No.157A Sarojini Rd Extension Opp Darshanaapt VI, Le Parle W, Mumbai, Maharashtra, India – 400056
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Parinee Realtors 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 Parinee Realtors is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Parinee Realtors Private Limited, buy the company report.
Financials of Parinee Realtors Private Limited
FY 2024 filings availableParinee Realtors Private Limited reported revenue of ₹16.36 Cr (down 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 31% fall 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 | -₹7.23 Cr | ||||
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| Net Profit (PAT) | -₹12.09 Cr | ||||
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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 | -44.2% | ||||
| Net Profit Margin | -73.9% | ||||
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To see the full financial statements and ratios of Parinee Realtors Private Limited, buy the company report.
Board of directors of Parinee Realtors Private Limited
Parinee Realtors has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Dilip Shah Also directs: Parinee Buildcon LLP, Greenbird Constructions Private Limited, Parinee Realty Private Limited and 5 more | Director | 16 Jul 2010 | 16 Years 3 Months | Current |
| Dhaval Dilipbhai Shah Also directs: Parinee Buildcon LLP, Greenbird Constructions Private Limited, Parinee Realty Private Limited and 5 more | Director | 16 Jul 2010 | 16 Years 3 Months | Current |
Auditor
Parinee Realtors Private Limited is audited by M B R & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M B R & ASSOCIATES | FY 2020 | 145769W |
Shareholding
The shareholding of Parinee Realtors Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Parinee Realtors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2020 | 100379901 | Others | ₹288.3 Cr | Open | |
| 08 Oct 2020 | 100388816 | Others | ₹89.3 Cr | Open | |
| 30 Nov 2017 | 100175874 | Others | ₹96 Cr | Satisfied | |
| 30 May 2017 | 100268316 | Others | ₹96 Cr | Satisfied | |
| 09 Feb 2016 | 10624336 | Il & Fs Trust Company Limited | ₹31 Cr | Satisfied |
To see the full charge records of Parinee Realtors Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Parinee Realtors Private Limited has 5 court cases on record: 1 filed by Parinee Realtors, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Lafarge Aggregates and Concrete India Private Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Shree Varun Co-Operative Housing Society Ltd. and Another | Pending |
| Bombay High Court | Company petition | Filed against the company by M/S. Mitc Rolling Mills Pvt. Ltd. | Disposed |
| Bombay High Court | Appeal | Filed by the company against Lafarge Aggregate and Concrete India Private Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by an individual | Disposed |
To see the full case history of Parinee Realtors 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 Parinee Realtors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parinee Realtors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP5837N2ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parinee Realtors Private Limited, buy the company report.
Recent activity
Parinee Realtors Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Benny Varghese ceased to be Director on 01 Nov 2018.
23 earlier events are in the company report.
Frequently asked questions
Parinee Realtors 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 16 July 2010 (16+ years old) and is registered under CIN U45400MH2010PTC205505.
Parinee Realtors has 2 current directors:
- Vipul Dilip Shah - Director
- Dhaval Dilipbhai Shah - Director
The latest financial statements of Parinee Realtors 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 Parinee Realtors is 27AAFCP5837N2ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Parinee Realtors is U45400MH2010PTC205505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parinee Realtors has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending.
Parinee Realtors was incorporated on 16 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Benny Varghese ceased to be Director on 01 Nov 2018. Mashkoor Ahmad ceased to be Director on 01 Nov 2018. Dhaval Dilipbhai Shah was appointed as Director on 16 Jul 2010. Parinee Realtors has 4 board changes on record in total.
Parinee Realtors can be reached through the website parinee.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Parinee Realtors is at Flat No.102103 1st Floor Smag House Plot No.157A Sarojini Rd Extension Opp Darshanaapt VI, Le Parle W, Mumbai, Maharashtra, India – 400056.
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