Servashanti Properties Private Limited
About Servashanti Properties Private Limited
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Servashanti Properties Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23942GJ2004PTC044202. Its GSTIN is 24AAICS1693J1Z2 (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amam Shreyans Shah (Managing Director) and Priyank Shrirajbhai 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 Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.59 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹57.24 Lakh (net margin 3.3%) and EBITDA of ₹6.01 Cr (EBITDA margin 34.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹81.16 Cr and satisfied charges of ₹39.1 Cr on record. Court records list 18 cases involving the company, including 10 filed by the company and 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA – 114 Siddhi Vinayak Towers B/H. Dcp Office Off S.G. Highway Makar, Ba, Ahmedabad, Gujarat, India – 380051
- 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
Financials of Servashanti Properties Private Limited FY 2025 filings available
Servashanti Properties Private Limited reported revenue of ₹17.59 Cr (up 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Servashanti Properties Private Limited
Revenue rose 13% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 24% 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 Servashanti Properties Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹17.59 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹57.24 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 Servashanti Properties Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.3% | •••• | •••• | •••• | •••• |
| 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 Servashanti Properties 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.
Auditor Details of Servashanti Properties Private Limited
Servashanti Properties Private Limited is audited by Hiren K. Shah & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Hiren K. Shah & Co. | 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.
Board of Directors of Servashanti Properties Private Limited
Servashanti Properties has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amam Shreyans Shah | Managing Director | 14 Aug 2008 | 18 Years 1 Months | Current |
| Priyank Shrirajbhai Jhaveri Also directs: GCCL Infrastructure and Projects Limited, Gujrat Credit Corporation Limited, Shree Bhagwati Buildinfra Private Limited and 5 more | Director | 03 Nov 2022 | 3 Years 11 Months | Current |
| Jayendra Chinubhai Patel Also directs: Shree Bhagwati Buildinfra Private Limited, GCCL Securities Limited, Shree Bhagwati Saltwoks Private Limited and 1 more | Director | 27 Jul 2022 | 4 Years 2 Months | Current |
| Devang Kirtibhai Jhaveri | Director | 27 May 2004 | 22 Years 4 Months | Current |
Ownership and Shareholding of Servashanti Properties 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 Servashanti Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2026 | Yes Bank Limited | ₹4.35 Cr | Open |
| 17 Apr 2025 | Others | ₹5.7 Cr | Open |
| 09 May 2024 | Others | ₹85.94 Lakh | Open |
| 11 Mar 2024 | Others | ₹4.5 Cr | Open |
| 24 Nov 2023 | Hdfc Bank Limited | ₹45.13 Lakh | Open |
Total charge records: 19 View all charges
Legal Cases of Servashanti Properties Private Limited
Servashanti Properties Private Limited has 18 court cases on record: 10 filed by Servashanti Properties, 8 filed against it. 1 case is pending and 17 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 7 | 7 | 0 |
| High courts | 6 | 0 | 0 |
| District courts | 5 | 1 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CMA SC) | Filed by the company against S and S Infratech A Partnership Firm | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CMA SC) | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against S and S Infratech A Partnership Firm | Disposed |
Full case history
All 18 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 Servashanti Properties Private Limited
Servashanti Properties Private Limited has a workforce of 19 employees as of Apr 07, 2024.
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.
CIN History of Servashanti Properties Private Limited
Servashanti Properties has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U23942GJ2004PTC044202, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23942GJ2004PTC044202 | Current |
| U74110GJ2004PTC044202 | Previous |
| U45201GJ2004PTC044202 | Previous |
Recent Activity on Servashanti Properties Private Limited
Servashanti Properties Private Limited has 8 board changes on record since 2004: 6 appointments and 2 cessations. The latest: Priyank Shrirajbhai Jhaveri was appointed as Director on 03 Nov 2022.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Servashanti Properties 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 Servashanti Properties 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 Servashanti Properties 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 Servashanti Properties Private Limited
Servashanti Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS1693J1Z2 | Gujarat | Active | 01 Jul 2017 |
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 Servashanti Properties 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 Servashanti Properties Private Limited
Servashanti Properties is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 May 2004 (22+ years old) and is registered under CIN U23942GJ2004PTC044202.
Servashanti Properties reported revenue of ₹17.59 Cr for FY 2023 (up 13% YoY).
Servashanti Properties has 4 current directors:
- Amam Shreyans Shah - Managing Director
- Priyank Shrirajbhai Jhaveri - Director
- Jayendra Chinubhai Patel - Director
- Devang Kirtibhai Jhaveri - Director
Servashanti Properties reported a net profit of ₹57.24 Lakh (net margin 3.3%) and EBITDA of ₹6.01 Cr (EBITDA margin 34.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Servashanti Properties is -6% over three years. In the latest year (FY 2023) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Servashanti Properties is 24AAICS1693J1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Servashanti Properties is U23942GJ2004PTC044202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Servashanti Properties has 18 court cases on record: 10 filed by the company and 8 filed against it. 1 is pending. Most are in the supreme court.
Servashanti Properties was incorporated on 27 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Priyank Shrirajbhai Jhaveri was appointed as Director on 03 Nov 2022. Jayendra Chinubhai Patel was appointed as Director on 27 Jul 2022. Virendra Shantilal Shah ceased to be Director on 09 Nov 2021. Servashanti Properties has 8 board changes on record in total.