About Shalimar Corp Limited
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Shalimar Corp Limited is a public limited company based in Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70100DL1988PLC390006. Its GSTIN is 07AADCS9234L2ZX (Delhi). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹58.45 Cr and a paid-up capital of ₹34.67 Cr. It was formerly known as Shalimar Corp Private Limited and Sas Hotels & Properties Private Limited. It is led by directors including Khalid Masood (Managing Director) and Mohd Abdullah Masood (Whole-Time Director).
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 A2/3 F.F. Safdarjung Enclave, Delhi, India – 110029.
As per the financials filed for FY 2022, the company reported a revenue of ₹306.34 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹1.79 Cr (net margin -0.6%) and EBITDA of -₹3.19 Cr (EBITDA margin -1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 4% over five years.
The company has about 655 employees on its provident fund (EPFO) records. Its group structure includes 24 subsidiaries.
As per MCA filings, the company has open charges of ₹1,634.38 Cr and satisfied charges of ₹2,716.14 Cr on record. Court records list 45 cases involving the company, including 26 filed by the company and 19 filed against it; 12 cases are pending. The company has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹139.63 Cr; the latest was in October 2022. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shalimarcorp.com.
Company details
Name history
Shalimar Corp has undergone 3 name changes throughout its history. The company was previously known as Shalimar Corp Private Limited, Sas Hotels & Properties Private Limited, and S.A.S Hotels And Properties Private Limited. The current legal name is Shalimar Corp Limited.
| Company Name | Status |
|---|---|
| Shalimar Corp Limited | Current |
| Shalimar Corp Private Limited | Previous |
| Sas Hotels & Properties Private Limited | Previous |
| S.A.S Hotels And Properties Private Limited | Previous |
CIN history
Shalimar Corp has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70100DL1988PLC390006, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100DL1988PLC390006 | Current |
| U05001MH1988PLC195637 | Previous |
| U05001DL1988PLC390006 | Previous |
| U05001UP1988PTC009913 | Previous |
| U05001MH1988PTC195637 | Previous |
Contact details
Shalimar Corp Limited's registered office is in Delhi, Delhi. Its website is shalimarcorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA2/3 F.F. Safdarjung Enclave, Delhi, India – 110029
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shalimar Corp 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
Financials of Shalimar Corp Limited
FY 2024 filings availableShalimar Corp Limited reported revenue of ₹306.34 Cr (up 5% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹306.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.79 Cr | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1% | ||||
| Net Profit Margin | -0.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Shalimar Corp Limited, buy the company report.
Board of directors of Shalimar Corp Limited
Shalimar Corp has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Abdullah Masood Also directs: A Square Capital Consultancy Services LLP, M.A. Infraestate LLP, Shalimar Infraestate LLP and 5 more | Whole-Time Director | 27 Feb 2014 | 12 Years 8 Months | Current |
| Trisha Sinha Also directs: Shalimar Road Infrastructures Private Limited | Director | 30 Oct 2020 | 6 Years 0 Months | Current |
| Rajendra Prasad Sharma | Director | 09 Jul 2025 | 1 Years 3 Months | Current |
| Kunal Seth Also directs: Shalimar Infraestate LLP, Shalimar Glasses Private Limited, Krrish Shalimar Projects Private Limited and 5 more | Whole-Time Director | 27 May 2016 | 10 Years 5 Months | Current |
| Brajesh Narain Seth Also directs: Shalimar Lakecity Private Limited, Shalimar Road Infrastructures Private Limited, Shalimar Elite Era Private Limited and 4 more | Director | 22 Jan 2021 | 5 Years 9 Months | Current |
| Khalid Masood Also directs: A Square Capital Consultancy Services LLP, M.A. Infraestate LLP, Shalimar Infraestate LLP and 5 more | Managing Director | 03 Oct 2005 | 21 Years 1 Months | Current |
Auditor
Shalimar Corp Limited is audited by AGARWAL ALOK & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL ALOK & ASSOCIATES | FY 2022 | 004364C |
Shareholding
The shareholding of Shalimar Corp Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shalimar Corp Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2025 | 101185512 | Indian Bank | ₹1.8 Cr | Open | |
| 15 Sep 2025 | 101169022 | Others | ₹30 Cr | Open | |
| 02 Aug 2025 | 101142784 | Others | ₹7.78 Lakh | Open | |
| 25 Jul 2025 | 101139907 | Others | ₹554.14 Cr | Open | |
| 09 May 2025 | 101099519 | Hdfc Bank Limited | ₹79.7 Lakh | Open |
To see the full charge records of Shalimar Corp Limited, buy the company report.
Total charge records: 143 View all charges
Deals & funding
Shalimar Corp Limited has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹139.63 Cr; the latest was in October 2022.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: Prominence Impex Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: Prominence Impex Private Limited |
| Mar 2018 | Funding round | ₹23.33 Cr | Investors: Shalimar Buildwell Private Limited , Shalimar Maintainance Services Private Limited, Prestige Urban Infratech Private Limited |
| Mar 2014 | Funding round | ₹17 Cr | Investors: Maina Dealers Private Limited , N.G. Colonisers Private Limited , Sas Colonisers Private Limited |
| Aug 2012 | Funding round | ₹79.17 Cr | Investors: Shalimar Maintainance Services Private Limited, Prestige Urban Infratech Private Limited , Bakliwal Holdings Private Limited |
To see the full deal history of Shalimar Corp 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
Shalimar Corp Limited has 45 court cases on record: 26 filed by Shalimar Corp, 19 filed against it. 12 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 8 | 6 |
| District courts | 15 | 11 | 6 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Court case (E.C. Miscellaneous) | Filed by the company against M/S United India Insurance Co.Ltd. | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against Bharat Heavy Electricals Ltd. (Bhel) | Disposed |
| District court, South East, Delhi | Interim or miscellaneous application | Filed against the company by Nutech Contracts Pvt Ltd | Disposed |
| District court, Lucknow, Uttar Pradesh | Civil suit | Filed by the company against M/S R Cube Healthcare Industries Pvt. Ltd. Through Its Director Mrs. Ravinder Kaur Srivastava and 1 other | Disposed |
| Allahabad High Court | Court case (A227) | Filed against the company by The Oriental Insurance Company Ltd. Regional Office Lucknow Thru. Its Manager | Disposed |
To see the full case history of Shalimar Corp 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
Shalimar Corp Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mgi Infra Private Limited |
To see the full MSME payment records of Shalimar Corp Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shalimar Corp has 24 subsidiary companies and 3 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Shalimar Glass Works Private Limited | U26100DL2020PTC399312 | |
| N.G. Colonisers Private Limited | U45201DL2006PTC389843 | |
| Shalimar Road Infrastructures Private Limited | U45309DL2022PTC392501 | |
| Titanium Buildwell Private Limited | U45400DL2007PTC162337 | |
| Imperial Buildwell Private Limited | U45400DL2007PTC162399 | |
| Titanium Realty Projects Private Limited | U45400DL2007PTC162615 |
To see the full group structure of Shalimar Corp Limited, buy the company report.
Employees & EPFO
Shalimar Corp Limited has a workforce of 655 employees on its EPFO records as of Apr 10, 2025, across 1 active EPFO establishment.
GST
Shalimar Corp has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCS9234L2ZX | Delhi | Active | 01 Jul 2017 |
| 09AADCS9234L1ZU | Uttar Pradesh | Active | 01 Jul 2017 |
| 22AADCS9234L1Z6 | Chattisgarh | Active | 07 Mar 2018 |
| 23AADCS9234L1Z4 | Madhya Pradesh | Active | 13 Mar 2018 |
To see the full GST registrations and return filing status of Shalimar Corp Limited, buy the company report.
Recent activity
Shalimar Corp Limited has 16 board changes on record since 2005: 7 appointments and 9 cessations. The latest: Rajendra Prasad Sharma was appointed as Director on 09 Jul 2025.
261 earlier events are in the company report.
News
Frequently asked questions
Shalimar Corp is an active public limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 August 1988 (38+ years old) and is registered under CIN U70100DL1988PLC390006.
Shalimar Corp has 6 current directors:
- Khalid Masood - Managing Director
- Mohd Abdullah Masood - Whole-Time Director
- Kunal Seth - Whole-Time Director
- Trisha Sinha - Director
- Rajendra Prasad Sharma - Director
- Brajesh Narain Seth - Director
The latest financial statements of Shalimar Corp 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.
The GSTIN of Shalimar Corp is 07AADCS9234L2ZX, registered in Delhi. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 09AADCS9234L1ZU (Uttar Pradesh), 22AADCS9234L1Z6 (Chattisgarh), 23AADCS9234L1Z4 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Shalimar Corp is U70100DL1988PLC390006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalimar Corp has 45 court cases on record: 26 filed by the company and 19 filed against it. 12 are pending. Most are in the high courts.
Shalimar Corp was incorporated on 11 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
Shalimar Corp has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹139.63 Cr; the latest was in October 2022.
Rajendra Prasad Sharma was appointed as Director on 09 Jul 2025. Harvinder Singh Sarna ceased to be Director on 06 Jul 2025. Kunal Seth ceased to be Director on 31 May 2022. Shalimar Corp has 16 board changes on record in total.
Shalimar Corp has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 18 May 2019.
Shalimar Corp can be reached through the website shalimarcorp.com. Its registered office is in Delhi, India.
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