Sheth Creators & Sun-Vision Private Limited
About Sheth Creators & Sun-Vision Private Limited
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Sheth Creators & Sun-Vision 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 31 October 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1983PTC031249. Its GSTIN is 27AADCS4277M1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Sun-Vision Estates and Consultants Private Limited and Shroff Consultants Pvt Ltd. It is led by directors including Suresh Menghraj Shroff and Jitendra Natwarlal Sheth.
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 Sheela Niwas Ramabai Chemburkar Marg Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.32 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 2.9%) and EBITDA of ₹15.39 Cr (EBITDA margin 28.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company has about 57 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹179 Cr and satisfied charges of ₹100 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 9 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹99 Lakh; the latest was in March 2017. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 84 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Sheth Creators & Sun-Vision has undergone 2 name changes throughout its history. The company was previously known as Sun-Vision Estates And Consultants Private Limited, and Shroff Consultants Pvt Ltd. The current legal name is Sheth Creators & Sun-Vision Private Limited.
| Company Name | Status |
|---|---|
| Sheth Creators & Sun-Vision Private Limited | Current |
| Sun-Vision Estates And Consultants Private Limited | Previous |
| Shroff Consultants Pvt Ltd | Previous |
CIN history
Sheth Creators & Sun-Vision has one previous CIN (Corporate Identification Number): U99999MH1983PTC031249. The current CIN is U70100MH1983PTC031249, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH1983PTC031249 | Current |
| U99999MH1983PTC031249 | Previous |
Contact details
Sheth Creators & Sun-Vision Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSheela Niwas Ramabai Chemburkar Marg Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sheth Creators & Sun-Vision 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 Sheth Creators & Sun-Vision is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Sheth Creators & Sun-Vision Private Limited, buy the company report.
Financials of Sheth Creators & Sun-Vision Private Limited
FY 2024 filings availableSheth Creators & Sun-Vision Private Limited reported revenue of ₹53.32 Cr (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 29% fall in the latest year. EBITDA rose 284% 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 | ₹15.39 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.54 Cr | ||||
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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 | 28.9% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sheth Creators & Sun-Vision Private Limited, buy the company report.
Board of directors of Sheth Creators & Sun-Vision Private Limited
Sheth Creators & Sun-Vision has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Menghraj Shroff | Director | 31 Mar 2006 | 20 Years 7 Months | Current |
| Jitendra Natwarlal Sheth Also directs: Sheth & Ym Infra LLP, Transcon - Sheth Creators Private Limited, Neepa Real Estates Private Limited and 5 more | Director | 02 Mar 2017 | 9 Years 8 Months | Current |
| Suraj Suresh Shroff Also directs: Sun-Vision Realtors LLP, S. S. Prime Space Private Limited, Vriti Infrastructure Private Limited and 5 more | Director | 18 Aug 2016 | 10 Years 2 Months | Current |
| Vallabh Natwarlal Sheth Also directs: Sheth & Ym Infra LLP, Transcon - Sheth Creators Private Limited, Neepa Real Estates Private Limited and 4 more | Director | 02 Mar 2017 | 9 Years 8 Months | Current |
Auditor
Sheth Creators & Sun-Vision Private Limited is audited by M. B. Agrawal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. B. Agrawal & Co. | FY 2023 | 100137W |
Shareholding
The shareholding of Sheth Creators & Sun-Vision 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 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 Sheth Creators & Sun-Vision Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2025 | 101197671 | Others | ₹179 Cr | Open | |
| 12 Jul 2018 | 100233731 | Yes Bank Limited | ₹40 Cr | Satisfied | |
| 28 Jun 2017 | 100111589 | Yes Bank Limited | ₹60 Cr | Satisfied |
To see the full charge records of Sheth Creators & Sun-Vision Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Sheth Creators & Sun-Vision Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹99 Lakh; the latest was in March 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2016 | Funding round | ₹49 Lakh | Investors: 2 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Sheth Creators & Sun-Vision Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sheth Creators & Sun-Vision Private Limited has 10 court cases on record: 1 filed by Sheth Creators & Sun-Vision, 9 filed against it. 9 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 8 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Union of India | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Sheth Creators & Sun-Vision 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
Sheth Creators & Sun-Vision Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 84 overdue payments to 11 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 (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Gyananjan Sales Corporation | |||
| Sumit Safe Security Private Limited | |||
| Fine Waters Company | |||
| an individual supplier |
To see the full MSME payment records of Sheth Creators & Sun-Vision Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sheth Creators & Sun-Vision Private Limited has a workforce of 57 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Sheth Creators & Sun-Vision has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS4277M1ZT | Maharashtra | Active | 04 Sep 2017 |
To see the full GST registrations and return filing status of Sheth Creators & Sun-Vision Private Limited, buy the company report.
Recent activity
Sheth Creators & Sun-Vision Private Limited has 13 board changes on record since 2006: 4 appointments and 9 cessations. The latest: Jitendra Natwarlal Sheth ceased to be Additional Director on 14 Mar 2017.
9 earlier events are in the company report.
Frequently asked questions
Sheth Creators & Sun-Vision 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 31 October 1983 (43+ years old) and is registered under CIN U70100MH1983PTC031249.
Sheth Creators & Sun-Vision has 4 current directors:
- Suresh Menghraj Shroff - Director
- Jitendra Natwarlal Sheth - Director
- Suraj Suresh Shroff - Director
- Vallabh Natwarlal Sheth - Director
The latest financial statements of Sheth Creators & Sun-Vision on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sheth Creators & Sun-Vision is 27AADCS4277M1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sheth Creators & Sun-Vision is U70100MH1983PTC031249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Creators & Sun-Vision has 10 court cases on record: 1 filed by the company and 9 filed against it. 9 are pending. Most are in the district courts.
Sheth Creators & Sun-Vision was incorporated on 31 October 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Sheth Creators & Sun-Vision has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹99 Lakh; the latest was in March 2017.
Jitendra Natwarlal Sheth ceased to be Additional Director on 14 Mar 2017. Vallabh Natwarlal Sheth ceased to be Additional Director on 14 Mar 2017. Brijmohan Chandrabhan Gupta ceased to be Director on 02 Mar 2017. Sheth Creators & Sun-Vision has 13 board changes on record in total.
Sheth Creators & Sun-Vision has 11 MSME Form 1 returns on record between 2019 and 2024, listing 84 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Sheth Creators & Sun-Vision is at Sheela Niwas Ramabai Chemburkar Marg Vile Parle East, Mumbai, Maharashtra, India – 400057.
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