
Royal Netra Constructions Private Limited
About Royal Netra Constructions Private Limited
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Royal Netra Constructions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of D B Realty Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2009PTC194430. Its GSTIN is 27AAECR4395L1ZS (Maharashtra).
The company has an authorised share capital of ₹55.65 Cr and a paid-up capital of ₹15.2 Cr. It is led by directors including Jigar Yogesh Shah and Shravan Kumar Bali.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1008 10th Floor Krushal Commercial Complex G. M. Road Chembur (West), Mumbai, Maharashtra, India – 400089.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.66 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹15.27 Lakh (net margin -59.5%) and EBITDA of ₹8.47 Cr.
As per MCA filings, the company has open charges of ₹63.15 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.99 Cr; the latest was in July 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Royal Netra Constructions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1008 10th Floor Krushal Commercial Complex G. M. Road Chembur (West), Mumbai, Maharashtra, India – 400089
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Royal Netra Constructions 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 Royal Netra Constructions Private Limited
FY 2025 filings availableRoyal Netra Constructions Private Limited reported revenue of ₹25.66 Lakh (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year. EBITDA rose 113% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.47 Cr | ||||
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| Net Profit (PAT) | -₹15.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Net Profit Margin | -59.5% | ||||
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To see the full financial statements and ratios of Royal Netra Constructions Private Limited, buy the company report.
Board of directors of Royal Netra Constructions Private Limited
Royal Netra Constructions has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigar Yogesh Shah | Director | 13 Jul 2023 | 3 Years 3 Months | Current |
| Shravan Kumar Bali Also directs: Azure Tree Townships LLP, Goenka Family Developers LLP, Dynamix Retreat Resort LLP and 5 more | Director | 09 Mar 2022 | 4 Years 8 Months | Current |
| Ashish Nanchand Vora Also directs: Conwood Pre-Fab Limited, Enigma Realtors Private Limited | Director | 24 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Royal Netra Constructions Private Limited is audited by M. A. Parikh Shah & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. A. Parikh Shah & Associates | FY 2022 | 107556W |
Shareholding
The shareholding of Royal Netra Constructions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Royal Netra Constructions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2023 | 100818472 | Others | ₹63.15 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Royal Netra Constructions Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.99 Cr; the latest was in July 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Funding round | Undisclosed | Investors: Man Infraconstruction Limited |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Jan 2011 | Secondary share transfer | Undisclosed | Buyer: Murugan Properties and Management Private Limited Seller: Sree Subramaniam Properties Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Valor Estate Limited , 3 individuals Seller: DB Man Realty Limited |
| Feb 2010 | Funding round | ₹1.49 Cr | Investors: Valor Estate Limited , Murugan Properties and Management Private Limited , 2 individuals |
To see the full deal history of Royal Netra Constructions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Royal Netra Constructions Private Limited has 7 court cases on record: 5 filed by Royal Netra Constructions, 2 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra Through the Principal Secretary and 3 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Slum Rehabilitation Authority and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by individuals | Disposed |
| 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 Royal Netra Constructions 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 Royal Netra Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Royal Netra Constructions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR4395L1ZS | Maharashtra | Active | 24 May 2022 |
To see the full GST registrations and return filing status of Royal Netra Constructions Private Limited, buy the company report.
Recent activity
Royal Netra Constructions Private Limited has 18 board changes on record since 2009: 3 appointments and 15 cessations. The latest: Ashish Nanchand Vora ceased to be Additional Director on 04 Aug 2024.
10 earlier events are in the company report.
Frequently asked questions
Royal Netra Constructions 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 29 July 2009 (17+ years old) and is registered under CIN U45202MH2009PTC194430.
Royal Netra Constructions has 3 current directors:
- Jigar Yogesh Shah - Director
- Shravan Kumar Bali - Director
- Ashish Nanchand Vora - Director
The latest financial statements of Royal Netra Constructions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Royal Netra Constructions is 27AAECR4395L1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Royal Netra Constructions is U45202MH2009PTC194430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Royal Netra Constructions has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Royal Netra Constructions was incorporated on 29 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Royal Netra Constructions has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.99 Cr; the latest was in July 2022.
Ashish Nanchand Vora ceased to be Additional Director on 04 Aug 2024. Ashish Nanchand Vora was appointed as Director on 24 Oct 2023. Jigar Yogesh Shah ceased to be Additional Director on 13 Aug 2023. Royal Netra Constructions has 18 board changes on record in total.
The registered office of Royal Netra Constructions is at 1008 10th Floor Krushal Commercial Complex G. M. Road Chembur West, Mumbai, Maharashtra, India – 400089.

