
About Shapoorji -Aecos Construction Private Limited
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Shapoorji -Aecos Construction Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shapoorji Pallonji And Company Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH1994PTC080361. Its GSTIN is 29AAFCS7007K1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.01 Lakh. It is led by directors Kerman Gustad Master and Nozer Dara Tarapore.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shapoorji Pallonji Centre41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.6 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹8.2 Lakh (net margin 56.2%) and EBITDA of ₹11 Lakh (EBITDA margin 75.3%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 46% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shapoorji.com.
Company details
CIN history
Shapoorji -Aecos Construction has one previous CIN (Corporate Identification Number): U29120MH1994PTC080361. The current CIN is U45400MH1994PTC080361, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400MH1994PTC080361 | Current |
| U29120MH1994PTC080361 | Previous |
Contact details
Shapoorji -Aecos Construction Private Limited's registered office is in Mumbai, Maharashtra. Its website is shapoorji.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShapoorji Pallonji Centre41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shapoorji -Aecos Construction 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
Financials of Shapoorji -Aecos Construction Private Limited
FY 2025 filings availableShapoorji -Aecos Construction Private Limited reported revenue of ₹14.6 Lakh (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 46%. EBITDA fell 2% 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 | ₹11 Lakh | ||||
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| Net Profit (PAT) | ₹8.2 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 | 75.3% | ||||
| Net Profit Margin | 56.2% | ||||
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To see the full financial statements and ratios of Shapoorji -Aecos Construction Private Limited, buy the company report.
Board of directors of Shapoorji -Aecos Construction Private Limited
Shapoorji -Aecos Construction has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kerman Gustad Master Also directs: Magpie Finance Private Limited, Acreage Farms Private Limited, S C Motors Private Limited and 5 more | Director | 29 Apr 2014 | 12 Years 6 Months | Current |
| Nozer Dara Tarapore | Director | 29 Apr 2014 | 12 Years 6 Months | Current |
Peer comparison
Shapoorji -Aecos Construction Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aaadi & Pramukh Infra Buildcon Private Limited | ₹14.61 Lakh (FY 2022) | Jogeshwari East, Maharashtra, India | ||||
| Shapoorji -Aecos Construction Private Limitedthis company | ₹14.6 Lakh (FY 2025) | ₹8.2 Lakh | 56.2% | 16.0% | Mumbai, Maharashtra, India | |
| Singh Infrastructures (India) Private Limited | ₹14.6 Lakh (FY 2018) | 2400.0% | New Delhi, Delhi, India | |||
| Aadsaa Developers Private Limited | ₹14.6 Lakh (FY 2025) | 19.0% | Rewari, Haryana, India | |||
| M K Singh Estate (India) Private Limited | ₹14.59 Lakh (FY 2025) | 4.0% | Delhi, India |
To see the full peer comparison of Shapoorji -Aecos Construction Private Limited, buy the company report.
Auditor
Shapoorji -Aecos Construction Private Limited is audited by Vepa & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vepa & Co | FY 2022 | 004679S |
Shareholding
The shareholding of Shapoorji -Aecos Construction 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shapoorji -Aecos Construction Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shapoorji -Aecos Construction 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 Shapoorji -Aecos Construction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shapoorji -Aecos Construction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCS7007K1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shapoorji -Aecos Construction Private Limited, buy the company report.
Recent activity
Shapoorji -Aecos Construction Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Roshen Minocher Nentin ceased to be Director on 20 Nov 2014.
Frequently asked questions
Shapoorji -Aecos Construction 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 16 August 1994 (32+ years old) and is registered under CIN U45400MH1994PTC080361.
Shapoorji -Aecos Construction has 2 current directors:
- Kerman Gustad Master - Director
- Nozer Dara Tarapore - Director
The latest financial statements of Shapoorji -Aecos Construction on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shapoorji -Aecos Construction is 29AAFCS7007K1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Shapoorji -Aecos Construction is U45400MH1994PTC080361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shapoorji -Aecos Construction was incorporated on 16 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shapoorji -Aecos Construction by revenue are Aaadi & Pramukh Infra Buildcon Private Limited, Singh Infrastructures (India) Private Limited, Aadsaa Developers Private Limited, M K Singh Estate (India) Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Roshen Minocher Nentin ceased to be Director on 20 Nov 2014. Kerman Gustad Master ceased to be Additional Director on 29 Sep 2014. Nozer Dara Tarapore ceased to be Additional Director on 29 Sep 2014. Shapoorji -Aecos Construction has 7 board changes on record in total.
Shapoorji -Aecos Construction can be reached through the website shapoorji.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shapoorji -Aecos Construction is at Shapoorji Pallonji Centre4144 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
Shapoorji -Aecos Construction operates in the real estate and construction industry, in the real estate builders and developers segment.

