Shashwati Realty Private Limited
About Shashwati Realty Private Limited
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Shashwati Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Pashmina Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PTC169301. Its GSTIN is 27AAKCS7305K1ZZ (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.11 Cr. It is led by directors including Rajendra Singh and Amit Bamshankar Jha.
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 Floor 3 Plot No. 254 A Band Box Dr Annie Besant Road Worli Colony, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.75 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹47.89 Cr (net margin -74%) and EBITDA of -₹43.74 Cr (EBITDA margin -67.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 262% over five years.
As per MCA filings, the company has open charges of ₹195 Cr and satisfied charges of ₹575 Cr on record. Court records list 32 cases involving the company, including 11 filed by the company and 21 filed against it; 16 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shashwati Realty Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFloor 3 Plot No. 254 A Band Box Dr Annie Besant Road Worli Colony, Mumbai, Maharashtra, India – 400030
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shashwati Realty 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 Shashwati Realty is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Shashwati Realty Private Limited, buy the company report.
Financials of Shashwati Realty Private Limited
FY 2024 filings availableShashwati Realty Private Limited reported revenue of ₹64.75 Cr (up 1977% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 262% over five years. EBITDA fell 891% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹43.74 Cr | ||||
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| Net Profit (PAT) | -₹47.89 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -67.6% | ||||
| Net Profit Margin | -74% | ||||
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To see the full financial statements and ratios of Shashwati Realty Private Limited, buy the company report.
Board of directors of Shashwati Realty Private Limited
Shashwati Realty has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Singh Also directs: Purabi Developers Private Limited, Stuti Realty Private Limited, Pashmina Realty Private Limited and 5 more | Director | 15 Jun 2021 | 5 Years 4 Months | Current |
| Amit Bamshankar Jha Also directs: Purabi Developers Private Limited, Stuti Realty Private Limited, Pashmina Realty Private Limited and 5 more | Director | 25 Apr 2018 | 8 Years 6 Months | Current |
| Preet Asit Koticha Also directs: Purabi Developers Private Limited, Stuti Realty Private Limited, Pashmina Realty Private Limited and 5 more | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
| Naqqash Aziz Contractor Also directs: Purabi Developers Private Limited, Stuti Realty Private Limited, Pashmina Realty Private Limited and 5 more | Additional Director | 13 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Shashwati Realty 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avigna Epc Private Limited | ₹64.79 Cr (FY 2025) | 32.0% | Chennai, Tamil Nadu, India | |||
| Kences Constructions Private Limited | ₹64.79 Cr (FY 2024) | -19.0% | Chennai, Tamil Nadu, India | |||
| Shashwati Realty Private Limitedthis company | ₹64.75 Cr (FY 2024) | -₹47.89 Cr | -74% | 1977.0% | Mumbai, Maharashtra, India | |
| Vihang Infrastructure Private Limited. | ₹64.63 Cr (FY 2025) | 36.0% | Thane, Maharashtra, India |
To see the full peer comparison of Shashwati Realty Private Limited, buy the company report.
Auditor
Shashwati Realty Private Limited is audited by Vijay Fulkar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vijay Fulkar & Co | FY 2023 | 049914 |
Shareholding
The shareholding of Shashwati Realty Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Shashwati Realty Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2018 | 100208683 | Others | ₹135 Cr | Open | |
| 07 Jun 2018 | 100203805 | Idbi Trusteeship Services Limited | ₹60 Cr | Open | |
| 04 Sep 2014 | 10575404 | India Infoline Finance Limited | ₹50 Cr | Satisfied | |
| 30 Jun 2014 | 10556274 | India Infoline Housing Finance Limited | ₹40 Cr | Satisfied | |
| 11 Oct 2013 | 10457468 | India Infoline Finance Limited | ₹50 Cr | Satisfied |
To see the full charge records of Shashwati Realty Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Shashwati Realty Private Limited has 32 court cases on record: 11 filed by Shashwati Realty, 21 filed against it. 16 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 12 | 9 |
| District courts | 14 | 8 | 6 |
| Supreme Court | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed by the company against Idbi Trusteeship Services Limited and Another One | Pending |
| High Court | Court case (CARBP) | Filed against the company by Aditya Birla Finance Limited | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Aditya Birla Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Idbi Trusteeship Services Limited | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by Aditya Birla Finance Limited | Disposed |
To see the full case history of Shashwati Realty 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 Shashwati Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shashwati Realty has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS7305K1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 27AAKCS7305K2ZY | Maharashtra | Active | 15 Jan 2018 |
| 29AAKCS7305K1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shashwati Realty Private Limited, buy the company report.
Recent activity
Shashwati Realty Private Limited has 15 board changes on record since 2010: 4 appointments and 11 cessations. The latest: Naqqash Aziz Contractor was appointed as Additional Director on 13 Mar 2025.
19 earlier events are in the company report.
Frequently asked questions
Shashwati Realty 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 28 March 2007 (19+ years old) and is registered under CIN U45400MH2007PTC169301.
Shashwati Realty has 4 current directors:
- Rajendra Singh - Director
- Amit Bamshankar Jha - Director
- Preet Asit Koticha - Director
- Naqqash Aziz Contractor - Additional Director
The latest financial statements of Shashwati Realty 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 Shashwati Realty is 27AAKCS7305K1ZZ, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAKCS7305K2ZY (Maharashtra), 29AAKCS7305K1ZV (Karnataka).
The CIN (Corporate Identification Number) of Shashwati Realty is U45400MH2007PTC169301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shashwati Realty has 32 court cases on record: 11 filed by the company and 21 filed against it. 16 are pending. Most are in the high courts.
Shashwati Realty was incorporated on 28 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shashwati Realty by revenue are Avigna Epc Private Limited, Kences Constructions Private Limited, Vihang Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Naqqash Aziz Contractor was appointed as Additional Director on 13 Mar 2025. Kanan Asit Koticha ceased to be Additional Director on 29 Sep 2023. Preet Asit Koticha was appointed as Director on 15 Dec 2021. Shashwati Realty has 15 board changes on record in total.
The registered office of Shashwati Realty is at Floor 3 Plot No. 254 A Band Box Dr Annie Besant Road Worli Colony, Mumbai, Maharashtra, India – 400030.
Shashwati Realty operates in the real estate and construction industry, in the real estate builders and developers segment.