
About Shashvat Land Projects Private Limited
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Shashvat Land Projects Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Patel Engineering Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2007PTC171886.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.88 Cr. It is led by directors Rishi Vyas and Rahul Agarwal.
Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Patel Engineering Compound Patel Estate Road Jogeshwari(W), Mumbai, Maharashtra, India – 400102.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.5 Cr (net margin -59.4%) and EBITDA of ₹17.65 Cr (EBITDA margin 99.9%).
As per MCA filings, the company has open charges of ₹8,931.44 Cr and satisfied charges of ₹748.78 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pateleng.com.
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- Registered AddressPatel Engineering Compound Patel Estate Road Jogeshwari(W), Mumbai, Maharashtra, India – 400102
- 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
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Financials of Shashvat Land Projects Private Limited FY 2025 filings available
Shashvat Land Projects Private Limited reported revenue of ₹17.66 Cr (up 495151% YoY) for FY 2022.
Financial Statement Summary of Shashvat Land Projects Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹17.66 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹17.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.5 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 of Shashvat Land Projects Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -59.4% | •••• | •••• | •••• | •••• |
| 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 Shashvat Land 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.
Auditor Details of Shashvat Land Projects Private Limited
Shashvat Land Projects Private Limited is audited by KARNESH N H & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KARNESH N H & ASSOCIATES | 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 Shashvat Land Projects Private Limited
Shashvat Land Projects has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Vyas Also directs: Dirang Energy Private Limited, Shreeanant Construction Private Limited, Patel Patron Private Limited and 5 more | Director | 03 Feb 2025 | 1 Years 8 Months | Current |
| Rahul Agarwal Also directs: Dirang Energy Private Limited, Vismaya Constructions Private Limited, Bhooma Realties Private Limited and 5 more | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Shashvat Land 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 Shashvat Land Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2020 | Others | ₹5,645.44 Cr | Open |
| 28 Feb 2018 | Others | ₹1,515.17 Cr | Open |
| 28 May 2015 | Gda Trusteeship Limited | ₹1,700 Cr | Open |
| 13 Dec 2012 | Idbi Trusteeship Services Limited | ₹70.83 Cr | Open |
| 29 Sep 2020 | Others | ₹282.32 Cr | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Shashvat Land Projects Private Limited
Employment history and EPFO contributions of people linked to Shashvat Land 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.
Recent Activity on Shashvat Land Projects Private Limited
Shashvat Land Projects Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Rishi Vyas ceased to be Additional Director on 13 Aug 2025.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shashvat Land 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 Shashvat Land 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 Shashvat Land 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.
GST Compliance of Shashvat Land Projects Private Limited
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.
MCA Filings & Documents of Shashvat Land 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.
Frequently Asked Questions about Shashvat Land Projects Private Limited
Shashvat Land Projects 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 21 June 2007 (19+ years old) and is registered under CIN U70102MH2007PTC171886.
Shashvat Land Projects reported revenue of ₹17.66 Cr for FY 2022 (up 495151% YoY).
Shashvat Land Projects has 2 current directors:
- Rishi Vyas - Director
- Rahul Agarwal - Director
Shashvat Land Projects reported a net loss of ₹10.5 Cr (net margin -59.4%) and EBITDA of ₹17.65 Cr (EBITDA margin 99.9%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Shashvat Land Projects is U70102MH2007PTC171886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shashvat Land Projects was incorporated on 21 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Rishi Vyas ceased to be Additional Director on 13 Aug 2025. Rishi Vyas was appointed as Director on 03 Feb 2025. Rahul Agarwal ceased to be Additional Director on 23 Jul 2023. Shashvat Land Projects has 11 board changes on record in total.
Shashvat Land Projects can be reached through the website pateleng.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shashvat Land Projects is at Patel Engineering Compound Patel Estate Road JogeshwariW, Mumbai, Maharashtra, India – 400102.
Shashvat Land Projects has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.88 Cr.