
Shahi Associates Private Limited
About Shahi Associates Private Limited
Data last updated:
Shahi Associates Private Limited is a private limited company based in Uttar Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74130UP1997PTC021257. Its GSTIN is 09AAHCS5309Q1ZO (Uttar Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40.02 Lakh. It is led by directors including Kanan Singh (Whole-Time Director) and Pulkit Vikram Shahi.
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 B – 38/9 – M – 7 Raghunath Nagar Mahmoorganj Varanasi, Uttar Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.13 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹2.17 Cr (net margin -354.2%) and EBITDA of -₹2.13 Cr (EBITDA margin -348.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shahi Associates Private Limited's registered office is in Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressB – 38/9 – M – 7 Raghunath Nagar Mahmoorganj Varanasi, Uttar Pradesh, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shahi Associates 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 Shahi Associates 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 Shahi Associates Private Limited, buy the company report.
Financials of Shahi Associates Private Limited
FY 2025 filings availableShahi Associates Private Limited reported revenue of ₹61.13 Lakh (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 493% 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 | -₹2.13 Cr | ||||
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| Net Profit (PAT) | -₹2.17 Cr | ||||
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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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| EBITDA Margin | -348.2% | ||||
| Net Profit Margin | -354.2% | ||||
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To see the full financial statements and ratios of Shahi Associates Private Limited, buy the company report.
Board of directors of Shahi Associates Private Limited
Shahi Associates has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanan Singh | Whole-Time Director | 01 Apr 2001 | 25 Years 6 Months | Current |
| Pulkit Vikram Shahi Also directs: Dynamic Energetics Solutions LLP | Director | 06 Apr 2019 | 7 Years 6 Months | Current |
| Indrajit Singh Also directs: Keruffles in Modo Private Limited | Director | 09 Jan 1997 | 29 Years 9 Months | Current |
| Vishwajit Shahi | Director | 09 Jan 1997 | 29 Years 9 Months | Current |
| Sandhya Shahi | Director | 01 Jan 2006 | 20 Years 9 Months | Current |
Peer comparison
Shahi Associates Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Saraf Housing Development Private Limited | ₹61.26 Lakh (FY 2025) | 141.0% | Chennai, Tamil Nadu, India | |||
| Mervin Infratech Private Limited | ₹61.26 Lakh (FY 2024) | 11.0% | Bareilly, Uttar Pradesh, India | |||
| Shahi Associates Private Limitedthis company | ₹61.13 Lakh (FY 2025) | -₹2.17 Cr | -354.2% | -48.0% | Uttar Pradesh, India | |
| Vinayak Infraheight Private Limited | ₹61.11 Lakh (FY 2025) | -29.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Shahi Associates Private Limited, buy the company report.
Auditor
Shahi Associates Private Limited is audited by Jaiswal Brajesh & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jaiswal Brajesh & Co. | FY 2017 | 400747 |
Shareholding
The shareholding of Shahi Associates Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shahi Associates Private Limited, buy the company report.
Legal cases
Shahi Associates Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (SCCRD) | Filed against the company by Union of India and 3 Ors. | Pending |
| High Court, UTTARPRADESH | Court case (WRIA) | Filed against the company by individuals | Disposed |
To see the full case history of Shahi Associates 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 Shahi Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shahi Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCS5309Q1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shahi Associates Private Limited, buy the company report.
Recent activity
Shahi Associates Private Limited has 6 board changes on record since 1997: 5 appointments and 1 cessation. The latest: Pulkit Vikram Shahi was appointed as Director on 06 Apr 2019.
Frequently asked questions
Shahi Associates is an active private limited company based in Uttar Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 January 1997 (29+ years old) and is registered under CIN U74130UP1997PTC021257.
Shahi Associates has 5 current directors:
- Kanan Singh - Whole-Time Director
- Pulkit Vikram Shahi - Director
- Indrajit Singh - Director
- Vishwajit Shahi - Director
- Sandhya Shahi - Director
The latest financial statements of Shahi Associates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shahi Associates is 09AAHCS5309Q1ZO, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Shahi Associates is U74130UP1997PTC021257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shahi Associates has 2 court cases on record: 2 filed against it. 1 is pending.
Shahi Associates was incorporated on 09 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Shahi Associates by revenue are Saraf Housing Development Private Limited, Mervin Infratech Private Limited, Vinayak Infraheight 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).
Pulkit Vikram Shahi was appointed as Director on 06 Apr 2019. Ranjit Singh ceased to be Managing Director on 01 Dec 2007. Sandhya Shahi was appointed as Director on 01 Jan 2006. Shahi Associates has 6 board changes on record in total.
The registered office of Shahi Associates is at B – 389 – M – 7 Raghunath Nagar Mahmoorganj Varanasi, Uttar Pradesh, India.
Shahi Associates operates in the real estate and construction industry, in the real estate builders and developers segment.

