- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-20-0015676

About Shikara Builders and Developers Pvt Ltd
Data last updated:
Shikara Builders and Developers Pvt Ltd is a private limited company based in Gwalior, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70101MP1995PTC009545. Its GSTIN is 23AAICS3129D1ZQ (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.7 Lakh. It is led by directors including Avinash Singh Bhadoria (Managing Director) and Sharda Devi Bhadoria.
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 Gwalior, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.34 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹15.63 Lakh (net margin 6.7%) and EBITDA of ₹28.64 Lakh (EBITDA margin 12.2%). Revenue has declined at a compounded annual rate (CAGR) of 110% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹1.08 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
Shikara Builders and Developers Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-20-0015676). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website shikaraconstructions.com.
Company details
Recognitions & Rankings of Shikara Builders and Developers
Contact details
Shikara Builders and Developers Pvt Ltd's registered office is in Gwalior, Madhya Pradesh. Its website is shikaraconstructions.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 1 Balwant Nagar, Gandhi Road Thatipur, Gwalior, Madhya Pradesh, India – 474001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shikara Builders and Developers Pvt 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 Shikara Builders and Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Shikara Builders and Developers Pvt Ltd, buy the company report.
Financials of Shikara Builders and Developers Pvt Ltd
FY 2025 filings availableShikara Builders and Developers Pvt Ltd reported revenue of ₹2.34 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 28% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 3% 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 | ₹28.64 Lakh | ||||
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| Net Profit (PAT) | ₹15.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 6.7% | ||||
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To see the full financial statements and ratios of Shikara Builders and Developers Pvt Ltd, buy the company report.
Board of directors of Shikara Builders and Developers Pvt Ltd
Shikara Builders and Developers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Singh Bhadoria | Managing Director | 13 Jun 1995 | 31 Years 4 Months | Current |
| Sharda Devi Bhadoria | Director | 13 Jun 1995 | 31 Years 4 Months | Current |
| Ashwani Singh Bhadoria | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Shikara Builders and Developers Pvt Ltd is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paarel Fine Living Private Limited | ₹2.34 Cr (FY 2024) | 9.0% | Ernakulam, Kerala, India | |||
| Jaishila Infratech Private Limited | ₹2.34 Cr (FY 2025) | -63.0% | Nakhas, Sonepur, Saran, Bihar, India | |||
| Shikara Builders and Developers Pvt Ltdthis company | ₹2.34 Cr (FY 2025) | ₹15.63 Lakh | 6.7% | 28.0% | Gwalior, Madhya Pradesh, India | |
| Ganapati Builders Limited | ₹2.34 Cr (FY 2025) | 89.0% | Bargarh, Odisha, India |
To see the full peer comparison of Shikara Builders and Developers Pvt Ltd, buy the company report.
Auditor
Shikara Builders and Developers Pvt Ltd is audited by RAKESH ARUN MEENAL & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH ARUN MEENAL & COMPANY | FY 2019 | 009086C |
Shareholding
The shareholding of Shikara Builders and Developers Pvt Ltd is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shikara Builders and Developers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2011 | 10287037 | Allahabad Bank | ₹54.92 Lakh | Open | |
| 10 Oct 2006 | 10026351 | Punjab National Bank | ₹23.48 Lakh | Open | |
| 15 Jun 2006 | 10005230 | Punjab National Bank | ₹30 Lakh | Open | |
| 23 Oct 1997 | 80004150 | State Bank of India | ₹- | Satisfied |
To see the full charge records of Shikara Builders and Developers Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Shikara Builders and Developers Pvt Ltd has 4 court cases on record: 4 filed by Shikara Builders and Developers. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 2 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh THR. | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Special Area Development Authority (Sada Madhav Rao Counter Magnet) THR. Executive Engineer | Disposed |
| High Court of Madhya Pradesh | Court case (AC) | Filed by the company against Union of India THR. | Disposed |
To see the full case history of Shikara Builders and Developers Pvt 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 Shikara Builders and Developers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shikara Builders and Developers Pvt Ltd has 1 active EPFO establishment as of Apr 08, 2024.
GST
Shikara Builders and Developers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICS3129D1ZQ | Madhya Pradesh | Active | 01 Jul 2017 |
| 08AAICS3129D1ZI | Rajasthan | Active | 12 Feb 2020 |
To see the full GST registrations and return filing status of Shikara Builders and Developers Pvt Ltd, buy the company report.
Recent activity
Shikara Builders and Developers Pvt Ltd has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Ashwani Singh Bhadoria was appointed as Director on 20 Oct 2023.
Frequently asked questions
Shikara Builders and Developers is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 June 1995 (31+ years old) and is registered under CIN U70101MP1995PTC009545.
Shikara Builders and Developers has 3 current directors:
- Avinash Singh Bhadoria - Managing Director
- Sharda Devi Bhadoria - Director
- Ashwani Singh Bhadoria - Director
The latest financial statements of Shikara Builders and Developers 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 Shikara Builders and Developers is 23AAICS3129D1ZQ, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAICS3129D1ZI (Rajasthan).
The CIN (Corporate Identification Number) of Shikara Builders and Developers is U70101MP1995PTC009545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shikara Builders and Developers has 4 court cases on record: 4 filed by the company. 2 are pending.
Shikara Builders and Developers was incorporated on 13 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Shikara Builders and Developers by revenue are Paarel Fine Living Private Limited, Jaishila Infratech Private Limited, Ganapati Builders Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ashwani Singh Bhadoria was appointed as Director on 20 Oct 2023. Ashwani Singh Bhadoria ceased to be Director on 10 Oct 2016. Avinash Singh Bhadoria was appointed as Managing Director on 13 Jun 1995. Shikara Builders and Developers has 4 board changes on record in total.
Yes, Shikara Builders and Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-20-0015676).
Shikara Builders and Developers can be reached through the website shikaraconstructions.com. Its registered office is in Gwalior, Madhya Pradesh, India.

