MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-25-0002927
Sheel Procon Private Limited - real estate and construction in Valsad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹93.95 Cr
▲ 14% YoY
Net profit · FY 2024
₹79.18 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹2.37 Cr
EBITDA margin 2.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹21.53 Cr
Satisfied ₹1 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
45
Provident fund records
About Sheel Procon Private Limited
Data last updated:
Sheel Procon Private Limited is a private limited company based in Valsad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2010PTC059180. Its GSTIN is 24AANCS7554B1ZA (Gujarat). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nimesh Shashikant Mehta and Jasmine Nimesh Mehta.
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 14 Bdca Shopping Centre No. 05 Stadium Road, Valsad, Gujarat, India – 396001.
As per the financials filed for FY 2024, the company reported a revenue of ₹93.95 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹79.18 Lakh (net margin 0.8%) and EBITDA of ₹2.37 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 22% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sheelengg. As per MCA filings, the company has open charges of ₹21.53 Cr and satisfied charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Sheel Procon Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0002927). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sheelengg.in.
Company details
CIN U45201GJ2010PTC059180
Registration Number 059180
Incorporation Date 09 January 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-25-0002927
Recognitions & Rankings of Sheel Procon
Contact details
Sheel Procon Private Limited's registered office is in Valsad, Gujarat. Its website is sheelengg.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address14 Bdca Shopping Centre No. 05 Stadium Road, Valsad, Gujarat, India – 396001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sheel Procon Private Limited, buy the company report.
Comprehensive company report
Sheel Procon Private Limited - one report that includes everything
- 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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Secure checkout · GST invoice included
Brands
Sheel Procon operates one associated brand: Sheelengg. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| sheelengg.in |
Business activity
The main business activity of Sheel Procon 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 Sheel Procon Private Limited, buy the company report.
Financials of Sheel Procon Private Limited
FY 2025 filings availableSheel Procon Private Limited reported revenue of ₹93.95 Cr (up 14% YoY) for FY 2024.
Revenue · FY 2024
₹93.95 Cr ▲ 14%
Net profit · FY 2024
₹79.18 Lakh margin 0.8%
EBITDA · FY 2024
₹2.37 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 35%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 3%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 14% growth in the latest year. EBITDA fell 24% 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 | ₹2.37 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹79.18 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sheel Procon Private Limited, buy the company report.
Board of directors of Sheel Procon Private Limited
Sheel Procon has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimesh Shashikant Mehta | Director | 09 Jan 2010 | 16 Years 9 Months | Current |
| Jasmine Nimesh Mehta | Director | 30 Mar 2024 | 2 Years 6 Months | Current |
Auditor
Sheel Procon Private Limited is audited by D. D. Desai & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. D. Desai & Associates | FY 2023 | 042031 |
Shareholding
The shareholding of Sheel Procon 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sheel Procon Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.53 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2025 | 101104581 | Axis Bank Limited | ₹1.18 Cr | Open | |
| 19 Mar 2024 | 100898120 | Hdfc Bank Limited | ₹46.3 Lakh | Open | |
| 31 May 2023 | 100731499 | Hdfc Bank Limited | ₹22.7 Lakh | Open | |
| 24 Feb 2023 | 100703885 | Hdfc Bank Limited | ₹37.51 Lakh | Open | |
| 03 Jan 2023 | 100675252 | Hdfc Bank Limited | ₹46.53 Lakh | Open |
To see the full charge records of Sheel Procon Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Sheel Procon Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed against the company by Ellecab Electricals Private Limited | Pending |
| District court, Valsad, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
To see the full case history of Sheel Procon 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 Sheel Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sheel Procon Private Limited has a workforce of 45 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
-50.55%
GST
Sheel Procon has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCS7554B1ZA | Gujarat | Active | 01 Jul 2017 |
| 26AANCS7554B1Z6 | Dadra and Nagar Haveli and Daman and Diu | Active | 14 Nov 2017 |
| 27AANCS7554B1Z4 | Maharashtra | Active | 14 Nov 2017 |
To see the full GST registrations and return filing status of Sheel Procon Private Limited, buy the company report.
Recent activity
Sheel Procon Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Jasmine Nimesh Mehta ceased to be Additional Director on 29 Sep 2024.
AGM
Sheel Procon Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 118.00 Lakh with Charge ID 101104581 was registered on 03 May 2025.
Filing
Sheel Procon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Jasmine Nimesh Mehta ceased to be Additional Director.
Ceased
Anand Jayantilal Karbhari ceased to be Director.
Appointed
Jasmine Nimesh Mehta was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 46.30 Lakh with Charge ID 100898120 was registered on 19 Mar 2024.
Ceased
Gaurang Subodhbhai Desai ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.70 Lakh with Charge ID 100731499 was registered on 31 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 37.51 Lakh with Charge ID 100703885 was registered on 24 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 46.53 Lakh with Charge ID 100675252 was registered on 03 Jan 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.34 Lakh with Charge ID 100759990 was registered on 16 May 2022.
7 earlier events are in the company report.
Frequently asked questions
Sheel Procon is an active private limited company based in Valsad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 January 2010 (16+ years old) and is registered under CIN U45201GJ2010PTC059180.
Sheel Procon has 2 current directors:
- Nimesh Shashikant Mehta - Director
- Jasmine Nimesh Mehta - Director
The latest financial statements of Sheel Procon 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 Sheel Procon is 24AANCS7554B1ZA, registered in Gujarat. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 26AANCS7554B1Z6 (Dadra and Nagar Haveli and Daman and Diu), 27AANCS7554B1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Sheel Procon is U45201GJ2010PTC059180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheel Procon has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Sheel Procon was incorporated on 09 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jasmine Nimesh Mehta ceased to be Additional Director on 29 Sep 2024. Anand Jayantilal Karbhari ceased to be Director on 30 Mar 2024. Jasmine Nimesh Mehta was appointed as Director on 30 Mar 2024. Sheel Procon has 5 board changes on record in total.
Yes, Sheel Procon is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-25-0002927).
Sheel Procon can be reached through the website sheelengg.in. Its registered office is in Valsad, Gujarat, India.