About Sheetal Sagar Builders & Developers Private Limited
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Sheetal Sagar Builders & Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1996PTC101368. Its GSTIN is 27AAJCS0072L1Z4 (Maharashtra).
The company has an authorised share capital of ₹36.55 Cr and a paid-up capital of ₹25.46 Cr. It was formerly known as Gmj Developers Private Limited. It is led by directors including Anjana Suresh Gandhi and Gaurav Suresh Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.2 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.41 Cr (net margin 9%) and EBITDA of ₹7.58 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 344% over five years.
The company is associated with 1 brand: Essgee Group. As per MCA filings, the company has open charges of ₹22.39 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website essgeegroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address16th Floor 'D' Wing Trade World Kamala Millcity Senapatibapatmarg Kamalamillcompoundlowe, Rparel(W), Mumbai, Maharashtra, India – 400013
- 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
- One PDF report, delivered after checkout
Business Activity of Sheetal Sagar Builders & Developers Private Limited
The main business activity of Sheetal Sagar Builders & Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sheetal Sagar Builders & Developers Private Limited FY 2024 filings available
Sheetal Sagar Builders & Developers Private Limited reported revenue of ₹49.2 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sheetal Sagar Builders & Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 344% over five years, including 8% growth in the latest year. EBITDA rose 14% 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 of Sheetal Sagar Builders & Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.41 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 Sheetal Sagar Builders & Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9% | •••• | •••• | •••• | •••• |
| 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 Sheetal Sagar Builders & Developers 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.
Peer Comparison of Sheetal Sagar Builders & Developers Private Limited
Sheetal Sagar Builders & Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M G F Developments Limited | ₹49.38 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Aircon Systems (India) Private Limited | ₹49.34 Cr (FY 2024) | •••• | •••• | 79.0% | •••• | New Delhi, Delhi, India |
| Pearlconstruction Chennai Private Limited | ₹49.33 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Chennai, Tamil Nadu, India |
| Constera Realty Private Limited | ₹49.27 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
| RNV Ventures Private Limited | ₹49.25 Cr (FY 2024) | •••• | •••• | 10868.0% | •••• | Hyderabad, Telangana, India |
| Sheetal Sagar Builders & Developers Private Limited this company | ₹49.2 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Knowledge City Education Private Limited | ₹49.18 Cr (FY 2025) | •••• | •••• | 8886.0% | •••• | Pune, Maharashtra, India |
| Aagam Infrabuild Private Limited | ₹49.13 Cr (FY 2019) | •••• | •••• | -15.0% | •••• | Ahmedabad, Gujarat, India |
| Serenity Infra Engineering Private Limited | ₹49.1 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Jaipur, Rajasthan, India |
| PCR Buildtech Private Limited | ₹49.04 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Delhi, India |
| Moti Chand Construction Company Private Limited | ₹49.02 Cr (FY 2024) | •••• | •••• | 11403.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sheetal Sagar Builders & Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sheetal Sagar Builders & Developers Private Limited
Sheetal Sagar Builders & Developers Private Limited is audited by M M Nissim & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M M Nissim & Co LLP | 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 Sheetal Sagar Builders & Developers Private Limited
Sheetal Sagar Builders & Developers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjana Suresh Gandhi Also directs: Ess Gee Real Estate Developers Private Limited, Ess Gee Habitat Private Limited., Ess Gee Cityheight Private Limited and 4 more | Director | 11 Oct 2000 | 25 Years 11 Months | Current |
| Gaurav Suresh Gandhi Also directs: Ess Gee Premises LLP, Staywise Developers LLP, Ess Gee Real Estate Developers Private Limited and 5 more | Director | 09 Aug 2006 | 20 Years 2 Months | Current |
| Suresh Amritlal Gandhi Also directs: Ess Gee Premises LLP, Staywise Developers LLP, Ess Gee Real Estate Developers Private Limited and 5 more | Director | 11 Oct 2000 | 25 Years 11 Months | Current |
| Abhay Zankarmal Mutha | Director | 01 Jun 2001 | 25 Years 4 Months | Current |
Ownership and Shareholding of Sheetal Sagar Builders & Developers 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 Sheetal Sagar Builders & Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2024 | Others | ₹22.39 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Sheetal Sagar Builders & Developers Private Limited
Sheetal Sagar Builders & Developers Private Limited has 10 court cases on record: 5 filed by Sheetal Sagar Builders & Developers, 1 filed against it, 4 where it is another party. 3 cases are pending and 7 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 3 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Company is another party | Pending |
| Bombay High Court | Writ petition | Filed by the company against Cheif Engineer - II Authority and 4 Ors | Disposed |
| Bombay High Court | Interim or miscellaneous application | Company is another party | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Sheetal Sagar Builders & Developers Private Limited
Sheetal Sagar Builders & Developers Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 10 overdue payments to 4 micro and small suppliers. 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aakar Abhinav Consultants Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Swastik Trader | •••• | •••• | •••• |
| Swastik Traders | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Sheetal Sagar Builders & Developers Private Limited
Sheetal Sagar Builders & Developers operates one associated brand: Essgee Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops real estate projects in Mumbai and Jodhpur with quality construction services. | essgeegroup.com |
Employees and EPFO Compliance at Sheetal Sagar Builders & Developers Private Limited
Employment history and EPFO contributions of people linked to Sheetal Sagar Builders & Developers.
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 Sheetal Sagar Builders & Developers Private Limited
Sheetal Sagar Builders & Developers Private Limited has 6 board changes on record since 2000: 5 appointments and 1 cessation. The latest: Atul Banshilal Jain ceased to be Director on 15 Oct 2019.
Credit Ratings, Litigation & Regulatory Alerts for Sheetal Sagar Builders & Developers 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.
Subsidiaries & Group Companies of Sheetal Sagar Builders & Developers 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 Sheetal Sagar Builders & Developers Private Limited
Sheetal Sagar Builders & Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS0072L1Z4 | Maharashtra | Active | 01 Jul 2017 |
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 Sheetal Sagar Builders & Developers 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 Sheetal Sagar Builders & Developers Private Limited
Sheetal Sagar Builders & Developers 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 25 July 1996 (30+ years old) and is registered under CIN U45200MH1996PTC101368.
Sheetal Sagar Builders & Developers reported revenue of ₹49.2 Cr for FY 2024 (up 8% YoY).
Sheetal Sagar Builders & Developers has 4 current directors:
- Anjana Suresh Gandhi - Director
- Gaurav Suresh Gandhi - Director
- Suresh Amritlal Gandhi - Director
- Abhay Zankarmal Mutha - Director
Sheetal Sagar Builders & Developers reported a net profit of ₹4.41 Cr (net margin 9%) and EBITDA of ₹7.58 Cr (EBITDA margin 15.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sheetal Sagar Builders & Developers is 344% over five years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sheetal Sagar Builders & Developers is 27AAJCS0072L1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sheetal Sagar Builders & Developers is U45200MH1996PTC101368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheetal Sagar Builders & Developers has 10 court cases on record: 5 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Sheetal Sagar Builders & Developers was incorporated on 25 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sheetal Sagar Builders & Developers by revenue are M G F Developments Limited, Aircon Systems (India) Private Limited, Pearlconstruction Chennai Private Limited, Constera Realty Private Limited, RNV Ventures Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Atul Banshilal Jain ceased to be Director on 15 Oct 2019. Gaurav Suresh Gandhi was appointed as Director on 09 Aug 2006. Atul Banshilal Jain was appointed as Director on 02 Jan 2006. Sheetal Sagar Builders & Developers has 6 board changes on record in total.
Sheetal Sagar Builders & Developers has 3 MSME Form 1 returns on record between 2019 and 2020, listing 10 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Apr 2020.