About Sare Shelters Project Private Limited
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Sare Shelters Project Private Limited is a private limited company based in Thiruporur, Tamil Nadu, India, a subsidiary of Sare Realty Projects Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45309TN2007PTC065581. Its GSTIN is 33AALCS4095B1ZF (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20.56 Lakh. It was formerly known as Sare Shelters Omr Project Private Limited. It is led by directors Srinivasan Sivanandam and Abhishek Gupta.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No – 182/1B1A1 Land No. 2 Sowbhagya Vijayam Nagar, Thiruporur, Tamil Nadu, India – 603110.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.05 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹2.98 Lakh (net margin 0%) and EBITDA of -₹2.7 Lakh (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years and 36% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹125 Cr and satisfied charges of ₹313.09 Cr on record. Court records list 15 cases involving the company, including 6 filed by the company and 9 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saregroup.com.
Company details
Name history
Sare Shelters Project has undergone 4 name changes throughout its history. The current legal name is Sare Shelters Project Private Limited.
| Company Name | Status |
|---|---|
| Sare Shelters Project Private Limited | Current |
| Sare Shelters Omr Project Private Limited | Previous |
| Sare Shelters Chennai Private Limited | Previous |
| Sare Jubilee Shelters Private Limited | Previous |
Contact details
Sare Shelters Project Private Limited's registered office is in Thiruporur, Tamil Nadu. Its website is saregroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo – 182/1B1A1 Land No. 2 Sowbhagya Vijayam Nagar, Thiruporur, Tamil Nadu, India – 603110
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sare Shelters Project 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 Sare Shelters Project 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 |
To see the full business activity and turnover split of Sare Shelters Project Private Limited, buy the company report.
Financials of Sare Shelters Project Private Limited
FY 2024 filings availableSare Shelters Project Private Limited reported revenue of ₹83.05 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 101% 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 | -₹2.7 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Sare Shelters Project Private Limited, buy the company report.
Board of directors of Sare Shelters Project Private Limited
Sare Shelters Project has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Sivanandam Also directs: Sare Facility (Omr) Services Private Limited | Director | 16 Oct 2017 | 9 Years 0 Months | Current |
| Abhishek Gupta Also directs: Impact Sare Magnum Townships Private Limited, Avon Infracon Private Limited, Impact Sare Realty Private Limited and 1 more | Director | 17 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Sare Shelters Project 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 |
|---|---|---|---|---|---|---|
| Candeo Projects Private Limited | ₹83.14 Cr (FY 2024) | 31.0% | New Delhi, Delhi, India | |||
| Renaissance Holdings and Developers Private Limited | ₹83.14 Cr (FY 2025) | -23.0% | Bangalore, Karnataka, India | |||
| Sare Shelters Project Private Limitedthis company | ₹83.05 Cr (FY 2025) | -₹2.98 Lakh | 0% | -29.0% | 10 | Thiruporur, Tamil Nadu, India |
| Shriprop Developers Private Limited | ₹82.88 Cr (FY 2025) | -49.0% | Bengaluru, Karnataka, India | |||
| City Realty & Development Private Limited | ₹82.84 Cr (FY 2025) | -1.0% | Pune, Maharashtra, India |
To see the full peer comparison of Sare Shelters Project Private Limited, buy the company report.
Auditor
Sare Shelters Project Private Limited is audited by PRAVEEN S.P. GUPTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVEEN S.P. GUPTA & CO. | FY 2023 | 014055C |
Shareholding
The shareholding of Sare Shelters Project 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 Sare Shelters Project Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2018 | 100203682 | Others | ₹125 Cr | Open | |
| 17 Apr 2018 | 100186812 | Others | ₹25 Cr | Satisfied | |
| 17 Apr 2018 | 100186813 | Others | ₹75 Cr | Satisfied | |
| 17 Apr 2018 | 100187970 | Others | ₹75 Cr | Satisfied | |
| 27 Mar 2017 | 100085939 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Sare Shelters Project Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Sare Shelters Project Private Limited has 15 court cases on record: 6 filed by Sare Shelters Project, 9 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 8 | 1 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Insolvency matter | Filed against the company by Jones Lang Lasalle Building Operations Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by individuals | Pending |
| Madras High Court | Revision petition | Filed by the company against Sare Squires Association | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Sare Squires Association | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Additional Secretary to Government and 5 others | Disposed |
To see the full case history of Sare Shelters Project 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 Sare Shelters Project Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sare Shelters Project Private Limited has a workforce of 10 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Sare Shelters Project has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCS4095B1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sare Shelters Project Private Limited, buy the company report.
Recent activity
Sare Shelters Project Private Limited has 18 board changes on record since 2007: 3 appointments and 15 cessations. The latest: Manoj Kumar ceased to be Additional Director on 01 Apr 2025.
31 earlier events are in the company report.
News
Frequently asked questions
Sare Shelters Project is an active private limited company based in Thiruporur, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 December 2007 (19+ years old) and is registered under CIN U45309TN2007PTC065581.
Sare Shelters Project has 2 current directors:
- Srinivasan Sivanandam - Director
- Abhishek Gupta - Director
The latest financial statements of Sare Shelters Project on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sare Shelters Project is 33AALCS4095B1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sare Shelters Project is U45309TN2007PTC065581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sare Shelters Project has 15 court cases on record: 6 filed by the company and 9 filed against it. 1 is pending. Most are in the high courts.
Sare Shelters Project was incorporated on 03 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sare Shelters Project by revenue are Candeo Projects Private Limited, Renaissance Holdings and Developers Private Limited, Shriprop Developers Private Limited, City Realty & Development 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).
Manoj Kumar ceased to be Additional Director on 01 Apr 2025. Manoj Kumar was appointed as Additional Director on 27 Nov 2023. Abhishek Gupta ceased to be Additional Director on 27 Nov 2020. Sare Shelters Project has 18 board changes on record in total.
Sare Shelters Project can be reached through the website saregroup.com. Its registered office is in Thiruporur, Tamil Nadu, India.
The registered office of Sare Shelters Project is at No – 1821B1A1 Land No. 2 Sowbhagya Vijayam Nagar, Thiruporur, Tamil Nadu, India – 603110.
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