Sheth Developers & Realtors (India) Limited - Company Profile

It is a real estate and construction public limited company based in Thane, Maharashtra, India, established in 1993.
1993 Thane, Maharashtra, India Amalgamated
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About Sheth Developers & Realtors (India) Limited

Sheth Developers & Realtors (India) Limited, a amalgamated public limited company, was established on 19 March 1993 in Thane, Maharashtra, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U29130MH1993PLC071231. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹62.00 Cr and a paid-up capital of ₹38.93 Cr.

Formerly known as Henkel Switchgear Limited, Voltas Switchgears Limited. It upholds a compliant status. Employing 57 professional, Its leadership includes Karim Kasimali Merchant (Nominee Director), Koshtishwaran Iyer (Cfo), Ashwani Singh (Director). Past directors included Kishore Gotety, Ashwani Singh, Amit Mathur. It holds no open charges and ₹2,073.81 Cr settled loans. Its latest AGM occurred on 04 July 2022, with the balance sheet filed on 31 March 2022. It is based at Viviana Mall,Mall Management Office,Upper Basement Eastern Express Highway, Thane (West), Thane, Maharashtra, 400606.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29130MH1993PLC071231

  • Registration Number

    071231

  • Incorporation Date

    19 March 1993

  • Authorized Capital

    ₹62.00 Cr

  • Paid-Up Capital

    ₹38.93 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 62.00 Cr
  • Paid Up Capital ₹ 38.93 Cr
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 2,073.81 Cr
  • Revenue Growth **** -20.23%
  • Profit Growth **** -381.18%
  • Ebitda **** 19.27%
  • Net Worth -21.45%
  • Total Assets -5.59%
Company report

Sheth Developers & Realtors (India) Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sheth Developers & Realtors (India) 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 & Realtors (India) Limited?
Current Directors
Name Designation Appointment Date Status
Karim Kasimali Merchant Nominee Director 10 Feb 2022 Current
Koshtishwaran Iyer Cfo 30 Sep 2022 Current
Ashwani Singh Director 09 May 2022 Current
Deepak Jagwani Director 09 May 2022 Current
Ashwin Puri Nominee Director 10 Feb 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director - Past
Pramod Abcsdd Additional Director 04 Jul 2022 Past
Pramod Abcsdd Additional Director 22 Nov 2021 Past
Pramod Abcsdd Director 10 Feb 2022 Past
Pramod Abcsdd Ceo(Kmp) - Past
Pramod Abcsdd Additional Director 14 Dec 2018 Past

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Financial Performance of Sheth Developers & Realtors (India).

Sheth Developers & Realtors (India) Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 20.23% decrease. The company also saw a substantial fall in profitability, with a 381.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.45%.

Sheth Developers & Realtors (India) revenue growth over time
Sheth Developers & Realtors (India) profit and loss trends over time
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
  • 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
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 -20.23%
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Revenue from Operations
*******
 -20.61%
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*******
*******
Total Assets
*******
 -5.59%
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*******
*******
Profit or Loss
*******
 -381.18%
*******
*******
*******
*******
Net Worth
*******
 -21.45%
*******
*******
*******
*******
EBITDA
*******
 19.27%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sheth Developers & Realtors (India)?

In 2022, Sheth Developers & Realtors (India) 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)
shareholding
  • 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

₹0

Satisfied Charges

₹20,738,064,791.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 621.31 Cr
  • State Bank Of India : 557.50 Cr
  • Allahabad Bank : 300.00 Cr
  • Indiabulls Financial Services Limited : 285.00 Cr
  • Indiabulls Housing Finance Limited : 185.00 Cr
  • Others : 125.00 Cr
Latest Charge Details
Date Lender Amount Status
31 Mar 2022 Axis Bank Limited ₹1.20 Cr Satisfied
20 Jul 2019 Axis Bank Limited ₹1.06 M Satisfied
17 Oct 2017 Axis Bank Limited ₹620.00 Cr Satisfied
01 Oct 2013 State Bank Of India ₹557.50 Cr Satisfied
28 Feb 2013 Indiabulls Housing Finance Limited ₹60.00 Cr Satisfied

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How Many Employees Work at Sheth Developers & Realtors (India)?

Sheth Developers & Realtors (India) has a workforce of 57 employees as of Apr 08, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sheth Developers & Realtors (India), 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 & Realtors (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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 & Realtors (India)
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 31 Mar 2022 via Charge ID 100555484 with Axis Bank Limited was fully satisfied on 14 Feb 2023. was documented.

  • Charges

    Progress on A charge registered on 20 Jul 2019 via Charge ID 100282925 with Axis Bank Limited was fully satisfied on 14 Feb 2023. was documented.

  • Director Appointment

    The activity Koshtishwaran Iyer was appointed as a CFO was appointed as a CFO on 30 Sep 2022 & has been associated with this company since 3 years 4 months . was completed.

  • Director Appointment

    Progress on Sejal Vishwanath Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 30 Sep 2022 & has been associated with this company since 3 years 4 months . was documented.

  • Director Appointment

    The activity Koshtishwaran Iyer was appointed as a CFO was appointed as a CFO on 30 Sep 2022 & has been associated with this company since 3 years 4 months . was completed.

  • Charges

    A charge registered on 17 Oct 2017 via Charge ID 100131922 with Axis Bank Limited was fully satisfied on 07 Sep 2022. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Sheth Developers & Realtors (India) Limited?

The CIN of Sheth Developers & Realtors (India) Limited is U29130MH1993PLC071231.

Where is Sheth Developers & Realtors (India) Limited headquartered?

Sheth Developers & Realtors (India) Limited is headquartered at Viviana Mall,Mall Management Office,Upper Basement Eastern Express Highway, Thane (West), Thane, Maharashtra, 400606.

When was Sheth Developers & Realtors (India) Limited incorporated?

Sheth Developers & Realtors (India) Limited was incorporated on 19 March 1993.

Who are the current directors of Sheth Developers & Realtors (India) Limited?

The current directors of Sheth Developers & Realtors (India) Limited are

What is the primary industry of Sheth Developers & Realtors (India) Limited?

The primary industry of Sheth Developers & Realtors (India) Limited is Real Estate.

Is Sheth Developers & Realtors (India) Limited a listed company?

Sheth Developers & Realtors (India) Limited is unlisted.

What is the capital structure of Sheth Developers & Realtors (India) Limited?

The authorized capital of Sheth Developers & Realtors (India) Limited is ₹62.00 Cr, and the paid-up capital is ₹38.93 Cr.

What is the compliance status of Sheth Developers & Realtors (India) Limited?

The compliance status of Sheth Developers & Realtors (India) Limited is Compliant.

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