Piveta Estates Private Limited
About Piveta Estates Private Limited
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Piveta Estates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70100DL2008PTC182834. Its GSTIN is 07AACCV8658C1Z5 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹435 Cr. It was formerly known as Veer Health Services Private Limited. It is led by directors including Ashok Kacker and Sahil Vachani.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Max House 1 Dr. Jha Marg Okhla, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.92 Cr, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹2.29 Cr (net margin 78.4%) and EBITDA of ₹2.38 Cr (EBITDA margin 81.7%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 53% over five years.
As per MCA filings, the company has satisfied charges of ₹2,495.36 Cr on record. The company has 8 deals on record (6 funding rounds, 2 rights issues), with disclosed funding of ₹396.99 Cr; the latest was in May 2017. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Prime Living Private Limited with revenue of ₹2.92 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressMax House 1 Dr. Jha Marg Okhla, New Delhi, Delhi, India – 110020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Financials of Piveta Estates Private Limited FY 2025 filings available
Piveta Estates Private Limited reported revenue of ₹2.92 Cr (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Piveta Estates Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 99% fall in the latest year. EBITDA rose 103% 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 of Piveta Estates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.29 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Piveta Estates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 78.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Piveta Estates are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Piveta Estates Private Limited
Piveta Estates Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prime Living Private Limited | ₹2.92 Cr (FY 2024) | •••• | •••• | 791.0% | •••• | Hyderabad, Telangana, India |
| Surjyavathi Infra Projects Private Limited | ₹2.92 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Hyderabad, Telangana, India |
| Anjaneya Housing Estates Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 1623.0% | •••• | Andhra Pradesh, India |
| Suvridhi Stockist Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 355.0% | •••• | Kolkata, West Bengal, India |
| S.G. Apartments Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Kolkata, West Bengal, India |
| Piveta Estates Private Limited this company | ₹2.92 Cr (FY 2025) | •••• | •••• | -99.0% | •••• | New Delhi, Delhi, India |
| KGN Reality Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Kolkata, West Bengal, India |
| Uniton Infra Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Hyderabad, Telangana, India |
| Advance India Exim Private Limited | ₹2.92 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Vimal Housing Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Agra, Uttar Pradesh, India |
| Roosters Landbase Private Limited | ₹2.91 Cr (FY 2024) | •••• | •••• | 90.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Piveta Estates by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Piveta Estates Private Limited
Piveta Estates Private Limited is audited by V K SURI & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V K SURI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Piveta Estates Private Limited
Piveta Estates has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kacker | Director | 18 Sep 2023 | 3 Years 0 Months | Current |
| Sahil Vachani Also directs: Max Financial Services Limited, Max Estates Limited, Max Ventures Private Limited and 5 more | Director | 01 Aug 2017 | 9 Years 2 Months | Current |
| Santhanagopalan Krishnamachary Also directs: Icare Health Projects and Research Private Limited | Director | 11 Apr 2022 | 4 Years 6 Months | Current |
| Analjit Singh | Director | 20 Dec 2012 | 13 Years 9 Months | Current |
| Arvind Aggarwal Also directs: Delhi Guest Houses Pvt Ltd, Max Ventures Private Limited, Max Ventures Investment Holdings Private Limited and 5 more | Director | 31 May 2017 | 9 Years 4 Months | Current |
| Hardik Bharat Manek | Director | 27 Feb 2025 | 1 Years 7 Months | Current |
Ownership and Shareholding of Piveta Estates Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Piveta Estates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2019 | Idbi Trusteeship Services Limited | ₹235 Cr | Satisfied |
| 03 May 2019 | Idbi Trusteeship Services Limited | ₹70 Cr | Satisfied |
| 03 May 2019 | Idbi Trusteeship Services Limited | ₹70 Cr | Satisfied |
| 16 Feb 2018 | Idbi Trusteeship Services Limited | ₹530 Cr | Satisfied |
| 09 Oct 2017 | Others | ₹450 Cr | Satisfied |
Total charge records: 18 View all charges
Deals & Funding of Piveta Estates Private Limited
Piveta Estates Private Limited has 8 deals on record (6 funding rounds, 2 rights issues), with disclosed funding of ₹396.99 Cr; the latest was in May 2017.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Funding round | ₹22 Cr | Investors: Max Ventures, an individual |
| Nov 2016 | Funding round | ₹47 Cr | Investors: an individual |
| May 2016 | Rights issue | ₹18 Cr | Investors: an individual |
| Jun 2015 | Funding round | ₹71 Cr | Investors: an individual |
| May 2015 | Rights issue | ₹20 Cr | Investors: an individual |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Piveta Estates Private Limited
Employment history and EPFO contributions of people linked to Piveta Estates.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Piveta Estates Private Limited
Piveta Estates has one previous CIN (Corporate Identification Number): U85100DL2008PTC182834. The current CIN is U70100DL2008PTC182834, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100DL2008PTC182834 | Current |
| U85100DL2008PTC182834 | Previous |
Recent Activity on Piveta Estates Private Limited
Piveta Estates Private Limited has 18 board changes on record since 2010: 6 appointments and 12 cessations. The latest: Hardik Bharat Manek ceased to be Additional Director on 17 Sep 2025.
47 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Piveta Estates Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Piveta Estates Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Piveta Estates Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Piveta Estates Private Limited
Piveta Estates has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCV8658C1Z5 | Delhi | Active | 01 Jul 2017 |
| 09AACCV8658C1Z1 | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Piveta Estates Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Piveta Estates Private Limited
Piveta Estates is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 September 2008 (18+ years old) and is registered under CIN U70100DL2008PTC182834.
Piveta Estates reported revenue of ₹2.92 Cr for FY 2025 (down 99% YoY).
Piveta Estates has 6 current directors:
- Ashok Kacker - Director
- Sahil Vachani - Director
- Santhanagopalan Krishnamachary - Director
- Analjit Singh - Director
- Arvind Aggarwal - Director
- Hardik Bharat Manek - Director
Piveta Estates reported a net profit of ₹2.29 Cr (net margin 78.4%) and EBITDA of ₹2.38 Cr (EBITDA margin 81.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Piveta Estates is -75% over three years and -53% over five years. In the latest year (FY 2025) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Piveta Estates is 07AACCV8658C1Z5, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AACCV8658C1Z1 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Piveta Estates is U70100DL2008PTC182834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piveta Estates was incorporated on 03 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Piveta Estates has 8 deals on record (6 funding rounds, 2 rights issues), with disclosed funding of ₹396.99 Cr; the latest was in May 2017.
The peers of Piveta Estates by revenue are Prime Living Private Limited, Surjyavathi Infra Projects Private Limited, Anjaneya Housing Estates Private Limited, Suvridhi Stockist Private Limited, S.G. Apartments Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Hardik Bharat Manek ceased to be Additional Director on 17 Sep 2025. Hardik Bharat Manek was appointed as Director on 27 Feb 2025. Ashok Kacker ceased to be Additional Director on 29 Sep 2024. Piveta Estates has 18 board changes on record in total.