MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0033629
Shelar Properties Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹104.61 Cr
▼ 9% YoY
Net profit · FY 2025
₹11.6 Cr
Net margin 11.1%
EBITDA · FY 2025
₹20.94 Cr
EBITDA margin 20%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹9.81 Cr
Issued & subscribed
Open charges
₹223.89 Cr
Satisfied ₹150.91 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
278
Provident fund records
About Shelar Properties Private Limited
Data last updated:
Shelar Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 15 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65100MH1999PTC118914. Its GSTIN is 27AAFCS0440N1Z8 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹9.81 Cr. It is led by directors including Narayan Anand Shelar (Managing Director) and Hari Anand Shelar.
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 601/602/606 Vini Elegance Above Tanishq Showroom L. T. Road Borivali (West), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.61 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹11.6 Cr (net margin 11.1%) and EBITDA of ₹20.94 Cr (EBITDA margin 20%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 18% over five years.
The company has about 278 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹223.89 Cr and satisfied charges of ₹150.91 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending.
Shelar Properties Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0033629). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shelarproperties.com.
Company details
CIN U65100MH1999PTC118914
Registration Number 118914
Incorporation Date 15 March 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0033629
CIN history
Shelar Properties has one previous CIN (Corporate Identification Number): U70100MH1999PTC118914. The current CIN is U65100MH1999PTC118914, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100MH1999PTC118914 | Current |
| U70100MH1999PTC118914 | Previous |
Key People
Narayan Anand Shelar Managing Director Hari Anand Shelar Director Prakash Narayan Shelar Director Recognitions & Rankings of Shelar Properties
Contact details
Shelar Properties Private Limited's registered office is in Mumbai, Maharashtra. Its website is shelarproperties.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address601/602/606 Vini Elegance Above Tanishq Showroom L. T. Road Borivali (West), Mumbai, Maharashtra, India – 400092
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Shelar Properties Private Limited, buy the company report.
Comprehensive company report
Shelar Properties 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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Business activity
The main business activities of Shelar Properties are construction and accommodation and food service activities. In detail, this covers construction of buildings and food and beverage service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | |
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Shelar Properties Private Limited, buy the company report.
Financials of Shelar Properties Private Limited
FY 2024 filings availableShelar Properties Private Limited reported revenue of ₹104.61 Cr (down 9% YoY) for FY 2025.
Revenue · FY 2025
₹104.61 Cr ▼ 9%
Net profit · FY 2025
₹11.6 Cr margin 11.1%
EBITDA · FY 2025
₹20.94 Cr margin 20%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 13%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 13%
5 years · compounded
▲ 23%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹20.94 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹11.6 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | ||||
| Net Profit Margin | 11.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shelar Properties Private Limited, buy the company report.
Board of directors of Shelar Properties Private Limited
Shelar Properties has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hari Anand Shelar | Director | 10 Sep 2006 | 20 Years 1 Months | Current |
| Narayan Anand Shelar Also directs: Shelar Hospitality (I) Private Limited, Ras Hotels Private Limited, Ras Empire LLP and 5 more | Managing Director | 15 Mar 1999 | 27 Years 7 Months | Current |
| Prakash Narayan Shelar Also directs: N A Shelar and Sons LLP, Ras Breweries LLP | Director | 01 Jan 2018 | 8 Years 9 Months | Current |
| Laxman Anand Shelar | Director | 23 Nov 2021 | 4 Years 10 Months | Current |
| Vishal Santosh Shelar Also directs: Ras Breweries LLP | Director | 01 Jan 2018 | 8 Years 9 Months | Current |
Auditor
Shelar Properties Private Limited is audited by SARC AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARC AND ASSOCIATES | FY 2023 | 006085N |
Shareholding
The shareholding of Shelar Properties 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 Shelar Properties Private Limited, buy the company report.
Charges & borrowings
Open charges
₹223.89 Cr
Satisfied charges
₹150.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2025 | 101151808 | Others | ₹30 Cr | Open | |
| 29 Mar 2025 | 101079848 | Others | ₹44.1 Cr | Open | |
| 27 Sep 2024 | 100991695 | State Bank of India | ₹75 Cr | Open | |
| 29 Jul 2024 | 100963180 | Others | ₹50 Lakh | Open | |
| 25 Apr 2024 | 100911067 | Indian Overseas Bank | ₹26 Lakh | Open |
To see the full charge records of Shelar Properties Private Limited, buy the company report.
Total charge records: 35 View all charges
Legal cases
Shelar Properties Private Limited has 5 court cases on record: 1 filed by Shelar Properties, 4 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Employees State Insurance Corporation Through S. B. Gupta and Anr and 1 other | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Disposed |
| District court, Nashik, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Disposed |
To see the full case history of Shelar Properties 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.
Credit ratings & regulatory alerts
Shelar Properties Private Limited was last rated by Crisil on 28 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Jan 2020 |
To see the full credit ratings and regulatory alerts of Shelar Properties Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shelar Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shelar Properties Private Limited has a workforce of 278 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
278
Active EPFO establishments
1
Employee growth
23.01%
GST
Shelar Properties has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS0440N1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 27AAFCS0440N2Z7 | Maharashtra | Active | 25 Jun 2021 |
| 27AAFCS0440N3Z6 | Maharashtra | Active | 05 Jul 2021 |
To see the full GST registrations and return filing status of Shelar Properties Private Limited, buy the company report.
Recent activity
Shelar Properties Private Limited has 11 board changes on record since 1999: 5 appointments and 6 cessations. The latest: Laxman Anand Shelar was appointed as Director on 23 Nov 2021.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 66.00 Cr registered on 24 May 2023 with Charge ID 100726186 was modified on 30 Oct 2025.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101151808 was registered on 30 Aug 2025.
Charges
A charge registered on 23 May 2016 via Charge ID 100032323 with Axis Bank Limited was fully satisfied on 29 May 2025.
Charges
A charge with Others amounted to Rs. 44.10 Cr with Charge ID 101079848 was registered on 29 Mar 2025.
Charges
A charge registered on 28 Aug 2024 via Charge ID 100980131 with Others was fully satisfied on 25 Mar 2025.
Charges
A charge registered on 31 Mar 2022 via Charge ID 100558934 with Others was fully satisfied on 25 Mar 2025.
Charges
A charge registered on 14 May 2013 via Charge ID 10446932 with Others was fully satisfied on 25 Mar 2025.
Charges
A charge registered on 29 Nov 2014 via Charge ID 10538459 with Axis Bank Limited was fully satisfied on 21 Feb 2025.
AGM
Shelar Properties Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 75.00 Cr with Charge ID 100991695 was registered on 27 Sep 2024.
Charges
A charge with Others amounted to Rs. 10.80 Cr with Charge ID 100980131 was registered on 28 Aug 2024.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100963180 was registered on 29 Jul 2024.
70 earlier events are in the company report.
Frequently asked questions
Shelar Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 15 March 1999 (27+ years old) and is registered under CIN U65100MH1999PTC118914.
Shelar Properties has 5 current directors:
- Narayan Anand Shelar - Managing Director
- Hari Anand Shelar - Director
- Prakash Narayan Shelar - Director
- Laxman Anand Shelar - Director
- Vishal Santosh Shelar - Director
The latest financial statements of Shelar Properties 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 Shelar Properties is 27AAFCS0440N1Z8, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAFCS0440N2Z7 (Maharashtra), 27AAFCS0440N3Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Shelar Properties is U65100MH1999PTC118914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shelar Properties has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Shelar Properties was incorporated on 15 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Laxman Anand Shelar was appointed as Director on 23 Nov 2021. Vikas Hari Shelar ceased to be Director on 27 Feb 2021. Prakash Narayan Shelar ceased to be Additional Director on 29 Sep 2018. Shelar Properties has 11 board changes on record in total.
Yes, Shelar Properties is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0033629).
Shelar Properties can be reached through the website shelarproperties.com. Its registered office is in Mumbai, Maharashtra, India.