Shah and Shah Developers Private Limited
About Shah and Shah Developers Private Limited
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Shah and Shah Developers 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 08 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1988PTC046948.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Viraj Shribhanu Patki and Vikram Chinulal Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Block – B Wankhede Stadium D' Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.42 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹1.53 Lakh (net margin 44.7%) and EBITDA of ₹2.06 Lakh (EBITDA margin 60.1%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹31 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shah and Shah Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressBlock – B Wankhede Stadium D' Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shah and Shah Developers 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 Shah and Shah Developers 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 Shah and Shah Developers Private Limited
FY 2023 filings availableShah and Shah Developers Private Limited reported revenue of ₹3.42 Lakh (down 63% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 63% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 49% 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 | ₹2.06 Lakh | ||||
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| Net Profit (PAT) | ₹1.53 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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| Profitability | |||||
| EBITDA Margin | 60.1% | ||||
| Net Profit Margin | 44.7% | ||||
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To see the full financial statements and ratios of Shah and Shah Developers Private Limited, buy the company report.
Board of directors of Shah and Shah Developers Private Limited
Shah and Shah Developers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viraj Shribhanu Patki Also directs: Goodhouse Builders Private Limited, Hill Park Properties & Estate Private Limited, Comelot Constructions Private Limited and 5 more | Director | 01 Feb 2023 | 3 Years 8 Months | Current |
| Vikram Chinulal Shah Also directs: Shri Hajari Traders Private Limited, Goodhouse Builders Private Limited, Hill Park Properties & Estate Private Limited and 5 more | Director | 08 Apr 1988 | 38 Years 6 Months | Current |
| Varsha Vikram Shah | Director | 01 Jan 1993 | 33 Years 9 Months | Current |
Auditor
Shah and Shah Developers Private Limited is audited by Siddharth Sinkar & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Siddharth Sinkar & Associates | FY 2022 | 109229 |
Shareholding
The shareholding of Shah and Shah Developers 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 Shah and Shah Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2001 | 90231097 | Oriental Bank of Commerce | ₹10 Lakh | Open | |
| 13 Nov 2001 | 90227023 | Oriental Bank of Commerce | ₹10 Lakh | Open | |
| 11 Dec 1996 | 90229142 | The Saraswart Co-Op Bank Ltd | ₹4.8 Lakh | Open | |
| 18 Jul 1996 | 90229091 | The Saraswart Co-Op Bank Ltd | ₹4.8 Lakh | Open | |
| 31 Mar 1994 | 90228762 | The Saraswart Co-Op Bank Ltd | ₹1.4 Lakh | Open |
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Shah and Shah Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shah and Shah Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shah and Shah Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shah and Shah Developers Private Limited has 5 board changes on record since 1988: 3 appointments and 2 cessations. The latest: Viraj Shribhanu Patki ceased to be Additional Director on 29 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Shah and Shah Developers 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 08 April 1988 (38+ years old) and is registered under CIN U70100MH1988PTC046948.
Shah and Shah Developers has 3 current directors:
- Viraj Shribhanu Patki - Director
- Vikram Chinulal Shah - Director
- Varsha Vikram Shah - Director
The latest financial statements of Shah and Shah Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shah and Shah Developers is U70100MH1988PTC046948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shah and Shah Developers was incorporated on 08 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Viraj Shribhanu Patki ceased to be Additional Director on 29 Sep 2023. Viraj Shribhanu Patki was appointed as Director on 01 Feb 2023. Alka Ramesh Shah ceased to be Director on 16 May 2019. Shah and Shah Developers has 5 board changes on record in total.
The registered office of Shah and Shah Developers is at Block – B Wankhede Stadium D Road Churchgate, Mumbai, Maharashtra, India – 400020.
Shah and Shah Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Shah and Shah Developers has open charges of ₹31 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Shah and Shah Developers is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.
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