Shah Projects Private Limited
About Shah Projects Private Limited
Data last updated:
Shah Projects Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1998PTC087545. Its GSTIN is 19AABCN2989H1Z1 (West Bengal).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹50.04 Lakh. It was formerly known as Grms Real Estate Limited and Attire Art Private Limited. It is led by directors including Shweta Shah and Saurav Shah.
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 1 Sardar Shankar Road1St Floor Ps Tollygunge, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.54 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹27.69 Lakh (net margin -128.5%) and EBITDA of -₹17.87 Lakh (EBITDA margin -83%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹10.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address1 Sardar Shankar Road1St Floor Ps Tollygunge, Kolkata, West Bengal, India – 700026
- 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
Name History of Shah Projects Private Limited
Shah Projects has undergone 4 name changes throughout its history. The current legal name is Shah Projects Private Limited.
| Company Name | Status |
|---|---|
| Shah Projects Private Limited | Current |
| Grms Real Estate Limited | Previous |
| Attire Art Private Limited | Previous |
| Nishswet Overseas Private Limited | Previous |
| Grms Real Estate Private Limited | Previous |
Business Activity of Shah Projects Private Limited
The main business activity of Shah Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Shah Projects Private Limited
Shah Projects Private Limited is audited by Sanjay Vidhi & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sanjay Vidhi & 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 Shah Projects Private Limited
Shah Projects has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Shah | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Saurav Shah Also directs: Global Castings Private Limited, Super Towers Private Limited, Gladwin Engineers LLP and 1 more | Director | 20 Jul 1998 | 28 Years 2 Months | Current |
| Rajiv Shah Also directs: N S A Castings LLP, Global Castings Private Limited, Super Towers Private Limited and 1 more | Director | 18 Dec 2003 | 22 Years 9 Months | Current |
| Nisha Shah Also directs: Panchmurti Suppliers Limited | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
Financials of Shah Projects Private Limited FY 2025 filings available
Shah Projects Private Limited reported revenue of ₹21.54 Lakh (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shah Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 4% growth in the latest year. EBITDA fell 224% 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 Shah Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹17.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹27.69 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 Shah Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -83% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -128.5% | •••• | •••• | •••• | •••• |
| 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 Shah Projects 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.
Ownership and Shareholding of Shah Projects 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 Shah Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2012 | Lic Housing Finance Ltd | ₹8.5 Cr | Satisfied |
| 24 Nov 2005 | United Bank of India | ₹2 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Shah Projects Private Limited
Employment history and EPFO contributions of people linked to Shah Projects.
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.
GST Compliance of Shah Projects Private Limited
Shah Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCN2989H1Z1 | West Bengal | 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.
Credit Ratings, Litigation & Regulatory Alerts for Shah Projects 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 Shah Projects 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 Shah Projects 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.
MCA Filings & Documents of Shah Projects 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.
Recent Activity on Shah Projects Private Limited
Frequently Asked Questions about Shah Projects Private Limited
Shah Projects is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 July 1998 (28+ years old) and is registered under CIN U70101WB1998PTC087545.
Shah Projects reported revenue of ₹21.54 Lakh for FY 2024 (up 4% YoY).
Shah Projects has 4 current directors:
- Shweta Shah - Director
- Saurav Shah - Director
- Rajiv Shah - Director
- Nisha Shah - Director
Shah Projects reported a net loss of ₹27.69 Lakh (net margin -128.5%) and EBITDA of -₹17.87 Lakh (EBITDA margin -83%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shah Projects is -23% over three years and 4% over five years. In the latest year (FY 2024) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shah Projects is 19AABCN2989H1Z1, registered in West Bengal.
The CIN (Corporate Identification Number) of Shah Projects is U70101WB1998PTC087545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shah Projects was incorporated on 20 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Kolkata.
The registered office of Shah Projects is at 1 Sardar Shankar Road1St Floor Ps Tollygunge, Kolkata, West Bengal, India – 700026.