About Parinee Shelters Private Limited
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Parinee Shelters 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 08 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2007PTC172974. Its GSTIN is 27AABCI8282L2Z1 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Parinee Developers and Properties Private Limited and Inez Infotech Private Limited. It is led by directors Vipul Dilip Shah (Whole-Time Director) 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 ₹6.81 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹9.42 Cr (net margin -138.4%) and EBITDA of ₹57.33 Lakh (EBITDA margin 8.4%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹487.3 Cr and satisfied charges of ₹687 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 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
Name history
Parinee Shelters has undergone 2 name changes throughout its history. The company was previously known as Parinee Developers And Properties Private Limited, and Inez Infotech Private Limited. The current legal name is Parinee Shelters Private Limited.
| Company Name | Status |
|---|---|
| Parinee Shelters Private Limited | Current |
| Parinee Developers And Properties Private Limited | Previous |
| Inez Infotech Private Limited | Previous |
CIN history
Parinee Shelters has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70109MH2007PTC172974, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109MH2007PTC172974 | Current |
| U45200MH2007PTC172974 | Previous |
| L70109MH2007PTC172974 | Previous |
Contact details
Parinee Shelters 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 Shelters 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 Shelters is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Parinee Shelters Private Limited, buy the company report.
Financials of Parinee Shelters Private Limited
FY 2024 filings availableParinee Shelters Private Limited reported revenue of ₹6.81 Cr (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 34% fall in the latest year. EBITDA rose 122% 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 | ₹57.33 Lakh | ||||
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| Net Profit (PAT) | -₹9.42 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | -138.4% | ||||
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To see the full financial statements and ratios of Parinee Shelters Private Limited, buy the company report.
Board of directors of Parinee Shelters Private Limited
Parinee Shelters has 2 current directors and 5 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 | Whole-Time Director | 08 Aug 2007 | 19 Years 2 Months | Current |
| Dhaval Dilipbhai Shah Also directs: Parinee Buildcon LLP, Greenbird Constructions Private Limited, Parinee Realty Private Limited and 5 more | Director | 08 Aug 2007 | 19 Years 2 Months | Current |
Peer comparison
Parinee Shelters Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Drosia Constructions Pvt Ltd | ₹6.81 Cr (FY 2025) | 145.0% | Lucknow, Uttar Pradesh, India | |||
| Drosia India Limited | ₹6.81 Cr (FY 2025) | 145.0% | Lucknow, Uttar Pradesh, India | |||
| Parinee Shelters Private Limitedthis company | ₹6.81 Cr (FY 2024) | -₹9.42 Cr | -138.4% | -34.0% | Mumbai, Maharashtra, India | |
| K T Realtors Private Limited | ₹6.8 Cr (FY 2016) | 119.0% | Mumbai, Maharashtra, India | |||
| Nate Builders Private Limited | ₹6.8 Cr (FY 2025) | -19.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Parinee Shelters Private Limited, buy the company report.
Auditor
Parinee Shelters Private Limited is audited by D N SHUKLA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D N SHUKLA & CO | FY 2020 | 110228W |
Shareholding
The shareholding of Parinee Shelters Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Parinee Shelters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2020 | 100379909 | Others | ₹288.3 Cr | Open | |
| 08 Oct 2020 | 100388845 | Others | ₹199 Cr | Open | |
| 30 Nov 2017 | 100175876 | Others | ₹102.5 Cr | Satisfied | |
| 30 May 2017 | 100306139 | Others | ₹102.5 Cr | Satisfied | |
| 09 Feb 2016 | 10624197 | Il & Fs Trust Company Limited | ₹35 Cr | Satisfied |
To see the full charge records of Parinee Shelters Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Parinee Shelters Private Limited has 4 court cases on record: 2 filed by Parinee Shelters, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Asha Co-Operative Housing Society Limited and Anr | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed by the company against The State of Maharashtra - Registrar of Companies - Respondent | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against The State of Maharashtra - Registrar of Companies - Respondent | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Registrar of Companies | Disposed |
To see the full case history of Parinee Shelters 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 Shelters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parinee Shelters has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI8282L2Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parinee Shelters Private Limited, buy the company report.
Recent activity
Parinee Shelters Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Kushal Ashok Goyal was appointed as CFO on 02 Sep 2019.
24 earlier events are in the company report.
Frequently asked questions
Parinee Shelters 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 08 August 2007 (19+ years old) and is registered under CIN U70109MH2007PTC172974.
Parinee Shelters has 2 current directors:
- Vipul Dilip Shah - Whole-Time Director
- Dhaval Dilipbhai Shah - Director
The latest financial statements of Parinee Shelters 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 Shelters is 27AABCI8282L2Z1, 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 Shelters is U70109MH2007PTC172974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parinee Shelters has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Parinee Shelters was incorporated on 08 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Parinee Shelters by revenue are Drosia Constructions Pvt Ltd, Drosia India Limited, K T Realtors Private Limited, Nate Builders Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Kushal Ashok Goyal was appointed as CFO on 02 Sep 2019. Vipul Dilip Shah ceased to be Director on 02 Sep 2019. Benny Varghese ceased to be Director on 01 Nov 2018. Parinee Shelters has 7 board changes on record in total.
Parinee Shelters can be reached through the website parinee.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Parinee Shelters 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.