Poorit Properties Private Limited
About Poorit Properties Private Limited
Data last updated:
Poorit Properties Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 January 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2006PTC159214.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Jivesh Samir Bhojwani and Samir Narain Bhojwani.
Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 1st Floor Samir Complex St. Andrews Road Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2022, the company reported a revenue of ₹75.56 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹36.07 Cr (net margin 47.7%) and EBITDA of ₹50.09 Cr (EBITDA margin 66.3%). Revenue has grown at a compounded annual rate (CAGR) of 163% over three years and 94% over five years.
Its group structure included 1 subsidiary.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Poorit Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Samir Complex St. Andrews Road Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Poorit Properties 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
Financials of Poorit Properties Private Limited
FY 2022 filings availablePoorit Properties Private Limited reported revenue of ₹75.56 Cr (up 1316% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 94% over five years. EBITDA rose 982% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹50.09 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹36.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 66.3% | ||||
| Net Profit Margin | 47.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Poorit Properties Private Limited, buy the company report.
Board of directors of Poorit Properties Private Limited
Poorit Properties 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 |
|---|---|---|---|---|
| Jivesh Samir Bhojwani | Director | 15 Mar 2012 | 14 Years 7 Months | As last reported |
| Samir Narain Bhojwani | Director | 21 Aug 2007 | 19 Years 2 Months | As last reported |
| Shibani Samir Bhojwani | Director | 21 Jul 2008 | 18 Years 3 Months | As last reported |
Peer comparison
Poorit Properties 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 (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 |
|---|---|---|---|---|---|---|
| Fortune Resources Private Limited | ₹75.61 Cr (FY 2025) | -44.0% | Raipur, Chhattisgarh, India | |||
| Poorit Properties Private Limitedthis company | ₹75.56 Cr (FY 2022) | ₹36.07 Cr | 47.7% | 1316.0% | Mumbai, Maharashtra, India | |
| Jivesh Developers and Properties Private Limited | ₹75.56 Cr (FY 2022) | 1316.0% | Mumbai, Maharashtra, India | |||
| Adma Solutions Private Limited | ₹75.56 Cr (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Universal Buildwell Private Limited | ₹75.52 Cr (FY 2015) | -45.0% | New Delhi, Delhi, India |
To see the full peer comparison of Poorit Properties Private Limited, buy the company report.
Auditor
Poorit Properties Private Limited is audited by Mahesh Tejwani for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahesh Tejwani | FY 2017 | 37194 |
Shareholding
The shareholding of Poorit Properties Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Poorit Properties Private Limited, buy the company report.
Legal cases
Poorit Properties Private Limited has 2 court cases on record: 2 filed by Poorit Properties. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Poorit Properties 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 Poorit Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Poorit Properties has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Jivesh Developers and Properties Private Limited | U99999MH2000PTC128528 |
To see the full group structure of Poorit Properties Private Limited, buy the company report.
GST
No GST registration is on our record for Poorit Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Poorit Properties Private Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Chand Narain Bhojwani ceased to be Director on 21 Aug 2019.
Frequently asked questions
Poorit Properties has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Poorit Properties was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 January 2006 and is registered under CIN U70100MH2006PTC159214. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Poorit Properties was incorporated on 24 January 2006. It is registered with the Registrar of Companies, Mumbai.
Poorit Properties had 3 directors:
- Jivesh Samir Bhojwani - Director
- Samir Narain Bhojwani - Director
- Shibani Samir Bhojwani - Director
The CIN (Corporate Identification Number) of Poorit Properties is U70100MH2006PTC159214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Poorit Properties is at 1st Floor Samir Complex St. Andrews Road Bandra West, Mumbai, Maharashtra, India – 400050.
The latest financial statements of Poorit Properties on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 September 2022. Year-wise statements from 2015 are in the company report.
Poorit Properties operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Poorit Properties by revenue are Fortune Resources Private Limited, Jivesh Developers and Properties Private Limited, Adma Solutions Private Limited, Universal Buildwell 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).
Poorit Properties has 2 court cases on record: 2 filed by the company.
Chand Narain Bhojwani ceased to be Director on 21 Aug 2019. Jivesh Samir Bhojwani ceased to be Additional Director on 28 Sep 2012. Jivesh Samir Bhojwani was appointed as Director on 15 Mar 2012. Poorit Properties has 8 board changes on record in total.
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