Sheth Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Mumbai, Maharashtra, India, established in 1993.

1993 Mumbai, Maharashtra, India Active

Last Updated: January 05, 2026

About Sheth Developers Private Limited

Sheth Developers Private Limited, a active private limited company, was established on 06 January 1993 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U45200MH1993PTC070335. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹88.35 Cr and a paid-up capital of ₹86.87 Cr.

Formerly known as Sheth Developers Limited. It upholds a compliant status. Employing 158 professional, Its leadership includes Hanuman Parshad Kanodia (Director), Ashwin Natwarlal Sheth (Managing Director), Sharad Nathuram Doshi (Director). Past directors included Mukesh Liladhar Shah, Hanuman Parshad Kanodia, Chintan Ashwin Sheth. It holds ₹709.58 Cr open charges and ₹5,547.36 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3Rd Floor, Prius Infinity, Paranjape B Scheme, Subhash Road, Vile Parle (East), Mumbai, Maharashtra, 400057.

Company Details

CIN/LLPIN
U45200MH1993PTC070335
Registration Number
070335
Incorporation Date
06 January 1993
Authorized Capital
₹88.35 Cr
Paid-Up Capital
₹86.87 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 88.35 Cr as on 05-01-2026
Paid Up Capital ₹ 86.87 Cr as on 05-01-2026
Company Age 33 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 709.58 Cr as on 05-01-2026
Satisfied Charges ₹ 5,547.36 Cr as on 05-01-2026
Revenue Growth **** -80.07% (FY 2023)
Profit Growth **** -82.63% (FY 2023)
Ebitda **** 60.18% (FY 2023)
Net Worth 7.55% (FY 2023)
Total Assets **** 17.46% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Sheth Developers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sheth Developers Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Hanuman Parshad Kanodia	Director	08 Apr 2021	Current
Ashwin Natwarlal Sheth	Managing Director	31 Mar 2003	Current
Sharad Nathuram Doshi	Director	30 Sep 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	22 Oct 2012	Past
Pramod Abcsdd	Additional Director	30 Nov 2021	Past
Pramod Abcsdd	Director	08 Apr 2021	Past
Pramod Abcsdd	Secretary	-	Past
Pramod Abcsdd	Whole-Time Director	11 Jan 2019	Past
Pramod Abcsdd	Secretary	-	Past

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Financial Performance of Sheth Developers.

Sheth Developers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 80.07% decrease. The company also saw a substantial fall in profitability, with a 82.63% decrease in profit. The company's net worth moved up by a moderate rise of 7.55%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-80.07%

*******

Revenue from Operations

*******

-86.17%

*******

Total Assets

*******

17.46%

*******

Profit or Loss

*******

-82.63%

*******

Net Worth

*******

7.55%

*******

EBITDA

*******

60.18%

*******

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What is the Ownership and Shareholding Structure of Sheth Developers?

In 2023, Sheth Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹7,095,800,000.00

Satisfied Charges

₹55,473,601,666.00

Charges Breakdown by Lending Institutions

Others : 406.86 Cr
Idbi Trusteeship Services Limited : 275.00 Cr
Hdfc Bank Limited : 23.81 Cr
Axis Bank Limited : 3.91 Cr

Latest Charge Details

Date	Lender	Amount	Status
14 Nov 2025	Others	₹15.00 Cr	Open
05 Nov 2025	Others	₹85.00 Cr	Open
31 Oct 2025	Others	₹2.76 Cr	Open
27 Jun 2025	Others	₹10.00 Cr	Open
31 May 2025	Others	₹2.60 Cr	Open

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How Many Employees Work at Sheth Developers?

Sheth Developers has a workforce of 158 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Sheth Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sheth Developers's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sheth Developers

Recent Activity within the Organization

Charges

A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101202417 was registered on 14 Nov 2025. was recorded as a recent event.
14 Nov 2025
Charges

Progress on A charge with Others amounted to Rs. 85.00 Cr with Charge ID 101205505 was registered on 05 Nov 2025. was documented.
05 Nov 2025
Charges

The activity A charge with Others amounted to Rs. 2.76 Cr with Charge ID 101183177 was registered on 31 Oct 2025. was completed.
31 Oct 2025
Annual General Meeting

Progress on Sheth Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Charges

A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101118035 was registered on 27 Jun 2025. was recorded as a recent event.
27 Jun 2025
Charges

A charge with Others amounted to Rs. 2.60 Cr with Charge ID 101113349 was registered on 31 May 2025. was recorded as a recent event.
31 May 2025

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