Shelter Projects Ltd
About Shelter Projects Ltd
Data last updated:
Shelter Projects Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1988PLC045415. Its GSTIN is 19AAECS5229C1ZG (West Bengal).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹1.99 Cr. It was formerly known as Shelter Projects Developer Limited. It is led by directors including Samar Nag (Managing Director) and Shib Ram Nag.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ba 2 Sector I Saltlake City, Kolkata, West Bengal, India – 700064.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.63 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹9.97 Lakh (net margin 27.2%) and EBITDA of ₹15.23 Lakh (EBITDA margin 41.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 51% over five years.
As per MCA filings, the company has open charges of ₹215.7 Cr on record. Court records list 23 cases involving the company, including 11 filed by the company and 12 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shelter Projects Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBa 2 Sector I Saltlake City, Kolkata, West Bengal, India – 700064
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shelter Projects Ltd, 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 Shelter Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Shelter Projects Ltd, buy the company report.
Financials of Shelter Projects Ltd
FY 2024 filings availableShelter Projects Ltd reported revenue of ₹36.63 Lakh (down 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 80% fall in the latest year. EBITDA fell 68% 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 | ₹15.23 Lakh | ||||
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| Net Profit (PAT) | ₹9.97 Lakh | ||||
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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 | 41.6% | ||||
| Net Profit Margin | 27.2% | ||||
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To see the full financial statements and ratios of Shelter Projects Ltd, buy the company report.
Board of directors of Shelter Projects Ltd
Shelter Projects has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shib Ram Nag Also directs: Kevalin Infra Developers LLP | Director | 01 Oct 2003 | 23 Years 0 Months | Current |
| Santanu Nag | Director | 20 Jan 2005 | 21 Years 9 Months | Current |
| Samar Nag | Managing Director | 25 Oct 1988 | 38 Years 0 Months | Current |
Auditor
Shelter Projects Ltd is audited by A GOSWAMI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A GOSWAMI & CO | FY 2022 | 312105E |
Shareholding
The shareholding of Shelter Projects Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shelter Projects Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2009 | 10162917 | Others | ₹200.7 Cr | Open | |
| 05 Jul 2008 | 10114175 | State Bank of Bikaner & Jaipur | ₹15 Cr | Open |
To see the full charge records of Shelter Projects Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Shelter Projects Ltd has 23 court cases on record: 11 filed by Shelter Projects, 12 filed against it. 2 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 6 | 1 |
| District courts | 7 | 6 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (AP-COM) | Filed against the company by Nisha Skyscraper Private Limited | Disposed |
| High Court, West Bengal | Arbitration matter | Filed against the company by Nisha Skyscraper Private Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Nisha Skyscraper Private Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Nisha Skyscraper Pvt Ltd | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Nisha Skyscraper Private Limited and Others | Disposed |
To see the full case history of Shelter Projects Ltd, 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 Shelter Projects Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shelter Projects has 3 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Shelter Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECS5229C1ZG | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shelter Projects Ltd, buy the company report.
Recent activity
Shelter Projects Ltd has 7 board changes on record since 1988: 3 appointments and 4 cessations. The latest: Arabinda Mukherjee ceased to be Director on 30 Jul 2011.
1 earlier event is in the company report.
Frequently asked questions
Shelter Projects is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 October 1988 (38+ years old) and is registered under CIN U70101WB1988PLC045415.
Shelter Projects has 3 current directors:
- Samar Nag - Managing Director
- Shib Ram Nag - Director
- Santanu Nag - Director
The latest financial statements of Shelter Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shelter Projects is 19AAECS5229C1ZG, registered in West Bengal.
The CIN (Corporate Identification Number) of Shelter Projects is U70101WB1988PLC045415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shelter Projects has 23 court cases on record: 11 filed by the company and 12 filed against it. 2 are pending. Most are in the high courts.
Shelter Projects was incorporated on 25 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Kolkata.
Arabinda Mukherjee ceased to be Director on 30 Jul 2011. Samar Nag ceased to be Director on 01 Apr 2008. Santanu Nag ceased to be Director on 01 Apr 2005. Shelter Projects has 7 board changes on record in total.
The registered office of Shelter Projects is at Ba 2 Sector I Saltlake City, Kolkata, West Bengal, India – 700064.
Shelter Projects operates in the real estate and construction industry, in the real estate builders and developers segment.