Portofino Properties Private Limited
About Portofino Properties Private Limited
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Portofino Properties 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 05 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2008PTC178509. Its GSTIN is 27AAECP5674Q1ZK (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rahul Suresh Raheja and Chetan Balvantrai Valia.
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 Raheja Centre Point 294 C.S.T. Road Near Mumbai University Off Bandra Kurla Complex Sa, Ntacruz(E), Maharashtra, India – 400098.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.71 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹15.75 Lakh (net margin 69.3%) and EBITDA of ₹21.56 Lakh (EBITDA margin 94.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹17.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Portofino 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 AddressRaheja Centre Point 294 C.S.T. Road Near Mumbai University Off Bandra Kurla Complex Sa, Ntacruz(E), Maharashtra, India – 400098
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Portofino 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
Business activity
The main business activity of Portofino Properties 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 |
Financials of Portofino Properties Private Limited
FY 2024 filings availablePortofino Properties Private Limited reported revenue of ₹22.71 Lakh (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 5% growth in the latest year. EBITDA rose 10% 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 | ₹21.56 Lakh | ||||
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| Net Profit (PAT) | ₹15.75 Lakh | ||||
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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 | 94.9% | ||||
| Net Profit Margin | 69.3% | ||||
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To see the full financial statements and ratios of Portofino Properties Private Limited, buy the company report.
Board of directors of Portofino Properties Private Limited
Portofino Properties has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Suresh Raheja Also directs: Raheja Universal (Pvt) Limited, Kartik Properties Private Limited, K Raheja Developers Pvt Ltd and 5 more | Director | 05 Feb 2008 | 18 Years 9 Months | Current |
| Chetan Balvantrai Valia Also directs: Kartik Properties Private Limited, K Raheja Developers Pvt Ltd, Babylon Properties Private Limited and 5 more | Director | 30 Oct 2018 | 8 Years 0 Months | Current |
| Omprakash Bansilal Dhupar Also directs: Kartik Properties Private Limited, K Raheja Developers Pvt Ltd, Babylon Properties Private Limited and 5 more | Director | 30 Oct 2018 | 8 Years 0 Months | Current |
| Suresh Lachmandas Raheja Also directs: Raheja Universal (Pvt) Limited, Kartik Properties Private Limited, K Raheja Developers Pvt Ltd and 5 more | Director | 05 Feb 2008 | 18 Years 9 Months | Current |
| Ashish Suresh Raheja Also directs: Raheja Universal (Pvt) Limited, Kartik Properties Private Limited, K Raheja Developers Pvt Ltd and 5 more | Director | 05 Feb 2008 | 18 Years 9 Months | Current |
Auditor
Portofino Properties Private Limited is audited by Dinesh Jain for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh Jain | FY 2023 | 137535 |
Shareholding
The shareholding of Portofino Properties 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 Portofino Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 May 2010 | 10224298 | Lic Housing Finance Ltd | ₹17.25 Cr | Satisfied |
To see the full charge records of Portofino Properties Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Portofino Properties 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
No delayed payments to MSME suppliers are on our record for Portofino Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Portofino Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP5674Q1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Portofino Properties Private Limited, buy the company report.
Recent activity
Portofino Properties Private Limited has 6 board changes on record since 2008: 5 appointments and 1 cessation. The latest: Chetan Balvantrai Valia was appointed as Director on 30 Oct 2018.
Frequently asked questions
Portofino Properties 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 05 February 2008 (18+ years old) and is registered under CIN U45203MH2008PTC178509.
Portofino Properties has 5 current directors:
- Rahul Suresh Raheja - Director
- Chetan Balvantrai Valia - Director
- Omprakash Bansilal Dhupar - Director
- Suresh Lachmandas Raheja - Director
- Ashish Suresh Raheja - Director
The latest financial statements of Portofino Properties 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 Portofino Properties is 27AAECP5674Q1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Portofino Properties is U45203MH2008PTC178509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Portofino Properties was incorporated on 05 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Chetan Balvantrai Valia was appointed as Director on 30 Oct 2018. Omprakash Bansilal Dhupar was appointed as Director on 30 Oct 2018. Ashish Suresh Raheja ceased to be Managing Director on 22 Dec 2009. Portofino Properties has 6 board changes on record in total.
The registered office of Portofino Properties is at Raheja Centre Point 294 C.S.T. Road Near Mumbai University Off Bandra Kurla Complex Sa, NtacruzE, Maharashtra, India – 400098.
Portofino Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
Portofino Properties has no open charges and satisfied charges of ₹17.25 Cr as per latest MCA filings.
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