About Sheth Development Private Limited
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Sheth Development 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 21 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2011PTC224166. Its GSTIN is 27AAQCS6300L1ZY (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chintan Ashwin Sheth and Maulik Ashwin 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 2025. The registered office is at 4 Pinnacle Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹39,180, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Cr and EBITDA of -₹1.36 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shethdevelopers.com.
Company details
Contact details
Sheth Development Private Limited's registered office is in Mumbai, Maharashtra. Its website is shethdevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS7 – 4 Pinnacle Business Park Meter Rm No 1 Mahakali Caves Rd Next To Ahura Centre, Andheri E, Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sheth Development 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
Financials of Sheth Development Private Limited
FY 2025 filings availableSheth Development Private Limited reported revenue of ₹39,180 (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year. EBITDA fell 117% 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 | -₹1.36 Cr | ||||
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| Net Profit (PAT) | -₹1.42 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Sheth Development Private Limited, buy the company report.
Board of directors of Sheth Development Private Limited
Sheth Development has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Ashwin Sheth | Director | 21 Nov 2011 | 14 Years 11 Months | Current |
| Maulik Ashwin Sheth | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
Auditor
Sheth Development Private Limited is audited by Abhishek Parikh & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Abhishek Parikh & Associates | FY 2023 | 143984W |
Shareholding
The shareholding of Sheth Development 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 Sheth Development Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sheth Development Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sheth Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sheth Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCS6300L1ZY | Maharashtra | Active | 22 Jun 2022 |
To see the full GST registrations and return filing status of Sheth Development Private Limited, buy the company report.
Recent activity
Sheth Development Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Ashwin Natwarlal Sheth ceased to be Director on 31 Jan 2015.
Frequently asked questions
Sheth Development 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 21 November 2011 (15+ years old) and is registered under CIN U45400MH2011PTC224166.
Sheth Development has 2 current directors:
- Chintan Ashwin Sheth - Director
- Maulik Ashwin Sheth - Director
The latest financial statements of Sheth Development on record with the MCA are for the year ended 31 March 2025. 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 Development is 27AAQCS6300L1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sheth Development is U45400MH2011PTC224166. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Development was incorporated on 21 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashwin Natwarlal Sheth ceased to be Director on 31 Jan 2015. Maulik Ashwin Sheth ceased to be Additional Director on 29 Sep 2012. Maulik Ashwin Sheth was appointed as Director on 11 Apr 2012. Sheth Development has 4 board changes on record in total.
Sheth Development can be reached through the website shethdevelopers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sheth Development is at S7 – 4 Pinnacle Business Park Meter Rm No 1 Mahakali Caves Rd Next To Ahura Centre, Andheri E, Mumbai, Maharashtra, India – 400093.
Sheth Development operates in the real estate and construction industry, in the real estate builders and developers segment.
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