Reshma Estates Private Limited
About Reshma Estates Private Limited
Data last updated:
Reshma Estates 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 19 February 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1971PTC014996. Its GSTIN is 27AABCR5851Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.52 Lakh. It is led by directors including Ashwin Jaman Shah and Devang Ajit Jhaveri.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Krishna Mahal Ground Floor63 Netaji Subhash Road, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.63 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹4.96 Lakh (net margin 14.7%) and EBITDA of ₹8.3 Lakh (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 11% over five years.
As per MCA filings, the company has satisfied charges of ₹1.75 Cr on record. Court records list 34 cases involving the company, including 14 filed by the company and 18 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressKrishna Mahal Ground Floor63 Netaji Subhash Road, Mumbai, Maharashtra, India – 400020
- 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
Business Activity of Reshma Estates Private Limited
The main business activity of Reshma Estates is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Reshma Estates Private Limited FY 2025 filings available
Reshma Estates Private Limited reported revenue of ₹33.63 Lakh (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Reshma Estates Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 22% growth in the latest year. EBITDA fell 14% 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 Reshma 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 | ₹8.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.96 Lakh | •••• | •••• | •••• | •••• |
| 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 Reshma Estates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.7% | •••• | •••• | •••• | •••• |
| 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 Reshma 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.
Board of Directors of Reshma Estates Private Limited
Reshma Estates has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Jaman Shah Also directs: Jaico Book Distributors LLP, JPH Publishing House Private Limited, Jaico Press Private Limited and 2 more | Director | 18 Feb 1993 | 33 Years 8 Months | Current |
| Devang Ajit Jhaveri Also directs: Cooltec Asia Private Limited | Director | 11 Jun 2025 | 1 Years 4 Months | Current |
| Natverlal Mohanlal Patel | Director | 16 Apr 2019 | 7 Years 6 Months | Current |
Peer Comparison of Reshma Estates Private Limited
Reshma 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 |
|---|---|---|---|---|---|---|
| Indmax Infrastructure India Private Limited | ₹33.68 Lakh (FY 2024) | •••• | •••• | 63.0% | •••• | Hyderabad, Telangana, India |
| Kalisp Realty Private Limited | ₹33.68 Lakh (FY 2024) | •••• | •••• | 133.0% | •••• | Chennai, Tamil Nadu, India |
| Kolkata Abasan Private Limited | ₹33.66 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Kolkata, West Bengal, India |
| Arya Gruha Private Limited | ₹33.65 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | Bangalore, Karnataka, India |
| Arkay Adhar Avam Nirman India Private Limited | ₹33.65 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Vidisha, Madhya Pradesh, India |
| Reshma Estates Private Limited this company | ₹33.63 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Srijan Nirman Private Limited | ₹33.62 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Kolkata, West Bengal, India |
| Studio Basic Design Private Limited | ₹33.62 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | New Delhi, Delhi, India |
| Noida Shopping Centre Private Limited | ₹33.61 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Pyramid Infra Engineers Private Limited | ₹33.61 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Pune, Maharashtra, India |
| Rohini Profin Private Limited | ₹33.61 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Reshma 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 Reshma Estates Private Limited
Reshma Estates Private Limited is audited by DEEPAN PARIKH AND COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEEPAN PARIKH AND COMPANY | 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.
Ownership and Shareholding of Reshma 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 Reshma Estates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2005 | Indian Bank | ₹75 Lakh | Satisfied |
| 10 May 2005 | Indian Bank | ₹1 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Reshma Estates Private Limited
Reshma Estates Private Limited has 34 court cases on record: 14 filed by Reshma Estates, 18 filed against it, 2 where it is another party. All cases are disposed. Status as checked between 01 Oct 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 4 | 0 |
| District courts | 15 | 14 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SPSN) | Filed by the company against Fair Growth Financial Services Limited | Disposed |
| Bombay High Court | Court case (SPMA) | Filed by the company against Fair Growth Financial Services Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CAF) | Filed by the company against an individual | Disposed |
Full case history
All 34 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Reshma Estates Private Limited
Employment history and EPFO contributions of people linked to Reshma 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.
Recent Activity on Reshma Estates Private Limited
Reshma Estates Private Limited has 6 board changes on record since 1993: 3 appointments and 3 cessations. The latest: Devang Ajit Jhaveri ceased to be Additional Director on 29 Sep 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Reshma 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 Reshma 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 Reshma 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 Reshma Estates Private Limited
Reshma Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR5851Q1ZQ | Maharashtra | Active | 13 Nov 2024 |
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 Reshma 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 Reshma Estates Private Limited
Reshma Estates 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 19 February 1971 (55+ years old) and is registered under CIN U70100MH1971PTC014996.
Reshma Estates reported revenue of ₹33.63 Lakh for FY 2025 (up 22% YoY).
Reshma Estates has 3 current directors:
- Ashwin Jaman Shah - Director
- Devang Ajit Jhaveri - Director
- Natverlal Mohanlal Patel - Director
Reshma Estates reported a net profit of ₹4.96 Lakh (net margin 14.7%) and EBITDA of ₹8.3 Lakh (EBITDA margin 24.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Reshma Estates is 18% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Reshma Estates is 27AABCR5851Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Reshma Estates is U70100MH1971PTC014996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reshma Estates has 34 court cases on record: 14 filed by the company and 18 filed against it. Most are in the high courts.
Reshma Estates was incorporated on 19 February 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Reshma Estates by revenue are Indmax Infrastructure India Private Limited, Kalisp Realty Private Limited, Kolkata Abasan Private Limited, Arya Gruha Private Limited, Arkay Adhar Avam Nirman India Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Devang Ajit Jhaveri ceased to be Additional Director on 29 Sep 2025. Devang Ajit Jhaveri was appointed as Director on 11 Jun 2025. Natverlal Mohanlal Patel ceased to be Additional Director on 30 Sep 2019. Reshma Estates has 6 board changes on record in total.