Shah Housecon Private Limited
About Shah Housecon Private Limited
Data last updated:
Shah Housecon 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 15 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45102MH2001PTC131226. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Hiren Premji Savla and Akash Mansukh Shah.
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 Office No 1 & 2 8th Floor Shah Trade Centre Rani Sati Marg Malad (East), Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.13 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹4.37 Lakh (net margin 0.7%) and EBITDA of ₹4.19 Cr (EBITDA margin 68.4%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 45% over five years.
As per MCA filings, the company has open charges of ₹104.5 Cr and satisfied charges of ₹180.5 Cr on record. Court records list 160 cases involving the company, including 17 filed by the company and 143 filed against it; 40 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.35 Cr; the latest was in March 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Shah Housecon Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressOffice No 1 & 2 8th Floor Shah Trade Centre Rani Sati Marg Malad (East), Mumbai, Maharashtra, India – 400097
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shah Housecon 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 Housecon 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 |
To see the full business activity and turnover split of Shah Housecon Private Limited, buy the company report.
Financials of Shah Housecon Private Limited
FY 2024 filings availableShah Housecon Private Limited reported revenue of ₹6.13 Cr (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 76% fall 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 | ₹4.19 Cr | ||||
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| Net Profit (PAT) | ₹4.37 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 | 68.4% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Shah Housecon Private Limited, buy the company report.
Board of directors of Shah Housecon Private Limited
Shah Housecon has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Premji Savla Also directs: Eic Networks India Private Limited | Director | 15 Jul 2015 | 11 Years 3 Months | Current |
| Akash Mansukh Shah Also directs: Triton Spaces Private Limited | Director | 05 Sep 2017 | 9 Years 1 Months | Current |
| Gaurav Padamshi Khirani | Director | 15 Jul 2015 | 11 Years 3 Months | Current |
| Mansukh Harakhchand Shah Also directs: Shah and Jain Constructions Private Limited, Shree Shankheshwar Housecon Private Limited, Triton Spaces Private Limited and 1 more | Director | 15 Mar 2001 | 25 Years 7 Months | Current |
| Ramji Harakchand Shah | Director | 15 Mar 2001 | 25 Years 7 Months | Current |
Auditor
Shah Housecon Private Limited is audited by B B LODHA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B B LODHA & CO | FY 2019 | 105630W |
Shareholding
The shareholding of Shah Housecon Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shah Housecon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2020 | 100401791 | Others | ₹50 Cr | Open | |
| 11 May 2018 | 100177046 | Others | ₹54.5 Cr | Open | |
| 29 Feb 2016 | 100028002 | Others | ₹91 Cr | Satisfied | |
| 14 Jul 2015 | 10587820 | Capri Global Capital Limited | ₹8.5 Cr | Satisfied | |
| 15 Jun 2013 | 10434187 | Union Bank of India | ₹50 Cr | Satisfied |
To see the full charge records of Shah Housecon Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Shah Housecon Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.35 Cr; the latest was in March 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2013 | Funding round | ₹2.85 Cr | Investors: 2 individuals |
| Mar 2011 | Funding round | ₹1.5 Cr | Investors: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Sunil K Jain (HUF), Ashok K Jain (huf), 2 individuals Seller: 3 individuals |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Shah Housecon 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
Shah Housecon Private Limited has 160 court cases on record: 17 filed by Shah Housecon, 143 filed against it. 40 cases are pending and 120 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 81 | 78 | 16 |
| High courts | 75 | 62 | 24 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 160)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Klassic Treasure Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Asset Reconstruction Company India Limited | Pending |
| Bombay High Court | Writ petition | Filed by the company against M/S. Sigma Happy Homes LLP and 1 other | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Kanakia Spaces Realty Pvt Ltd | Pending |
| High Court | Commercial suit | Filed against the company by Kanakia Spaces Realty Pvt Ltd | Pending |
To see the full case history of Shah Housecon 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.
Credit ratings & regulatory alerts
Shah Housecon Private Limited was last rated by Crisil on 24 Sep 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Sep 2016 |
To see the full credit ratings and regulatory alerts of Shah Housecon Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shah Housecon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shah Housecon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shah Housecon Private Limited, buy the company report.
Recent activity
Shah Housecon Private Limited has 13 board changes on record since 2001: 5 appointments and 8 cessations. The latest: Gaurav Padamshi Khirani ceased to be Director on 24 Nov 2022.
20 earlier events are in the company report.
Frequently asked questions
Shah Housecon 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 15 March 2001 (25+ years old) and is registered under CIN U45102MH2001PTC131226.
Shah Housecon has 5 current directors:
- Hiren Premji Savla - Director
- Akash Mansukh Shah - Director
- Gaurav Padamshi Khirani - Director
- Mansukh Harakhchand Shah - Director
- Ramji Harakchand Shah - Director
The latest financial statements of Shah Housecon 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.
No. Shah Housecon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shah Housecon is U45102MH2001PTC131226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shah Housecon has 160 court cases on record: 17 filed by the company and 143 filed against it. 40 are pending. Most are in the district courts.
Shah Housecon was incorporated on 15 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Shah Housecon has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.35 Cr; the latest was in March 2016.
Gaurav Padamshi Khirani ceased to be Director on 24 Nov 2022. Pankaj Nanji Gada ceased to be Director on 26 Apr 2021. Akash Mansukh Shah ceased to be Additional Director on 29 Sep 2017. Shah Housecon has 13 board changes on record in total.
The registered office of Shah Housecon is at Office No 1 & 2 8th Floor Shah Trade Centre Rani Sati Marg Malad East, Mumbai, Maharashtra, India – 400097.
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