Sandeep Estate Development Private Limited
About Sandeep Estate Development Private Limited
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Sandeep Estate Development 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 21 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1988PTC046606. Its GSTIN is 27AAACS5329K1Z5 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹2.23 Lakh. It is led by directors including Ashok Virchand Doshi and Anand Ashok Doshi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.22 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹32.81 Lakh (net margin 14.8%) and EBITDA of ₹42.71 Lakh (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 181% over three years and 73% over five years.
Court records list 19 cases involving the company, including 8 filed by the company and 11 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sandeep Estate Development Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20G Ground Floor Shalimar Industrial Estate Andhra Valley Rooad Matunga Labour Camp, Matunga, Mumbai, Maharashtra, India – 400019
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sandeep Estate Development 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 Sandeep Estate Development is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
Financials of Sandeep Estate Development Private Limited
FY 2024 filings availableSandeep Estate Development Private Limited reported revenue of ₹2.22 Cr (up 2631% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years. EBITDA rose 437% 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 | ₹42.71 Lakh | ||||
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| Net Profit (PAT) | ₹32.81 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 | 19.2% | ||||
| Net Profit Margin | 14.8% | ||||
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To see the full financial statements and ratios of Sandeep Estate Development Private Limited, buy the company report.
Board of directors of Sandeep Estate Development Private Limited
Sandeep Estate Development has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Ashok Doshi | Additional Director | 05 Nov 2019 | 6 Years 11 Months | Current |
| Ashok Virchand Doshi Also directs: Us Holidays Buildcon Private Limited, Nagarkar Developers Private Limited, Casa Builders Private Limited and 2 more | Director | 12 Oct 2010 | 16 Years 0 Months | Current |
| Neelima Ashok Doshi | Additional Director | 22 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Sandeep Estate Development Private Limited is audited by VMD & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VMD & CO. | FY 2022 | 114222 |
Shareholding
The shareholding of Sandeep Estate Development 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sandeep Estate Development Private Limited, buy the company report.
Legal cases
Sandeep Estate Development Private Limited has 19 court cases on record: 8 filed by Sandeep Estate Development, 11 filed against it. 7 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 7 | 7 |
| District courts | 6 | 4 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Rajesh Unispaces Private Limited and Mirae Asset Credit Opportunities Fund (Applicant) | Pending |
| High Court, MAHARASHTRA | Court case (CARAP) | Filed by the company against Rajesh Unispaces Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Rajesh Unispaces Pvt. Ltd. | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 8 Mumbai | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Sandeep Estate Development 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 Sandeep Estate Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sandeep Estate Development has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS5329K1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sandeep Estate Development Private Limited, buy the company report.
Recent activity
Sandeep Estate Development Private Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Sudhir Suresh Chavan ceased to be Director on 24 Jun 2020.
6 earlier events are in the company report.
Frequently asked questions
Sandeep Estate Development 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 21 March 1988 (38+ years old) and is registered under CIN U70100MH1988PTC046606.
Sandeep Estate Development has 3 current directors:
- Anand Ashok Doshi - Additional Director
- Ashok Virchand Doshi - Director
- Neelima Ashok Doshi - Additional Director
The latest financial statements of Sandeep Estate Development 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 Sandeep Estate Development is 27AAACS5329K1Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sandeep Estate Development is U70100MH1988PTC046606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sandeep Estate Development has 19 court cases on record: 8 filed by the company and 11 filed against it. 7 are pending. Most are in the high courts.
Sandeep Estate Development was incorporated on 21 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Sudhir Suresh Chavan ceased to be Director on 24 Jun 2020. Anand Ashok Doshi was appointed as Additional Director on 05 Nov 2019. Madhura Sanjay Rane ceased to be Director on 05 Nov 2019. Sandeep Estate Development has 15 board changes on record in total.
The registered office of Sandeep Estate Development is at 20G Ground Floor Shalimar Industrial Estate Andhra Valley Rooad Matunga Labour Camp, Matunga, Mumbai, Maharashtra, India – 400019.
Sandeep Estate Development operates in the real estate and construction industry, in the real estate builders and developers segment.