About Shivalik Ventures Private Limited
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Shivalik Ventures 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 24 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2008PTC180356. Its GSTIN is 27AALCS7683R1Z3 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Ramakant Ramchandra Jadhav and Prakash Vasant Ajgaonkar.
Its last annual general meeting (AGM) was held on 18 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 401 Floor – 4 Harmony Building Ranade Road Nr Shushrusha Hospital, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2025, the company reported a revenue of ₹175.93 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.19 Cr (net margin 9.8%) and EBITDA of ₹17.44 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 267% over three years and 62% over five years.
Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Shivalik Ventures. Court records list 202 cases involving the company, including 49 filed by the company and 153 filed against it; 64 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹350 Cr; the latest was in October 2020. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 1 smaller; the largest is Ananya Shelters Private Limited with revenue of ₹176.67 Cr. The company has 9 MSME Form 1 returns on record between 2017 and 2024, listing 345 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivalikventures.com.
Company details
Contact details
Shivalik Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is shivalikventures.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address401 Floor – 4 Harmony Building Ranade Road Nr Shushrusha Hospital, Mumbai, Maharashtra, India – 400028
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shivalik Ventures 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
Brands
Shivalik Ventures operates one associated brand: Shivalik Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shivalik Ventures develops residential complexes, commercial hubs, and IT parks in Mumbai suburbs. | shivalikventures.com |
Business activity
The main business activity of Shivalik Ventures 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 Shivalik Ventures Private Limited, buy the company report.
Financials of Shivalik Ventures Private Limited
FY 2025 filings availableShivalik Ventures Private Limited reported revenue of ₹175.93 Cr (up 412% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 412% growth 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 | ₹17.44 Cr | ||||
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| Net Profit (PAT) | ₹17.19 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 9.8% | ||||
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To see the full financial statements and ratios of Shivalik Ventures Private Limited, buy the company report.
Board of directors of Shivalik Ventures Private Limited
Shivalik Ventures has 8 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakant Ramchandra Jadhav | Director | 24 Dec 2021 | 4 Years 10 Months | Current |
| Prakash Vasant Ajgaonkar | Director | 20 Apr 2009 | 17 Years 6 Months | Current |
| Vivek Shankar Jadhav Also directs: Sealink Realtors Private Limited, Daund Sugar Private Limited, Iris Wineries Private Limited and 4 more | Director | 30 May 2008 | 18 Years 5 Months | Current |
| Rohan Jitendra Mehta Also directs: SCS Construction LLP, Akaldeep Buildcon LLP, Chiron Instruments (India) P Ltd and 5 more | Director | 23 Sep 2009 | 17 Years 1 Months | Current |
| Smritik Paul Also directs: MNT Buildcon Private Limited, SVS Buildcon Private Limited, Moonstone Projects Private Limited and 5 more | Director | 29 Jun 2022 | 4 Years 4 Months | Current |
| Soni Srivastava Also directs: Dibang Properties Private Limited, MNT Buildcon Private Limited, Ardent Build-Tech Limited and 5 more | Additional Director | 30 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Shivalik Ventures Private Limited 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 |
|---|---|---|---|---|---|---|
| Ananya Shelters Private Limited | ₹176.67 Cr (FY 2025) | 38.0% | Coimbatore, Tamil Nadu, India | |||
| Purva Good Earth Properties Private Limited | ₹176.14 Cr (FY 2025) | 707.0% | Bangalore, Karnataka, India | |||
| Shivalik Ventures Private Limitedthis company | ₹175.93 Cr (FY 2025) | ₹17.19 Cr | 9.8% | 412.0% | Mumbai, Maharashtra, India | |
| Sowparnika Homes Private Limited | ₹174.99 Cr (FY 2025) | 61.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Shivalik Ventures Private Limited, buy the company report.
Auditor
Shivalik Ventures Private Limited is audited by SVH & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SVH & Associates | FY 2023 | 138024W |
Shareholding
The shareholding of Shivalik Ventures 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 Shivalik Ventures Private Limited, buy the company report.
Deals & funding
Shivalik Ventures Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹350 Cr; the latest was in October 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| May 2008 | Funding round | ₹350 Cr | Investors: Unitech Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shivalik Ventures Private Limited has 202 court cases on record: 49 filed by Shivalik Ventures, 153 filed against it. 64 cases are pending and 138 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 122 | 88 | 29 |
| District courts | 77 | 63 | 35 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 202)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Addon Realty Pvt Ltd | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Addon Realty Pvt. Ltd. and 6 Ors. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Addon Realty Pvt. Ltd. and Ors | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Svi Realtors Private Limited and 8 others | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against KP Sanghvi Infrastructures LLP and Ors | Pending |
To see the full case history of Shivalik Ventures 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
Shivalik Ventures Private Limited has 9 MSME Form 1 returns on record between 2017 and 2024, listing 345 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Makarand M. Joshi & Co. | |||
| an individual supplier | |||
| J.P. Enterprises | |||
| an individual supplier | |||
| Brightcap Enterprises |
To see the full MSME payment records of Shivalik Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shivalik Ventures has 4 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Harris Builders Private Limited | U28910DL2007PTC169626 | |
| Svi Realtors Private Limited | U45200MH2007PTC166786 | |
| Manas Realtors Private Limited | U45400DL2007PTC171146 | |
| King Rotors and Air Charter Private Limited | U62200KL2004PTC017479 |
To see the full group structure of Shivalik Ventures Private Limited, buy the company report.
GST
Shivalik Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS7683R1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivalik Ventures Private Limited, buy the company report.
Recent activity
Shivalik Ventures Private Limited has 32 board changes on record since 2008: 9 appointments and 23 cessations. The latest: Muniswamy Gopal was appointed as Additional Director on 30 May 2025.
23 earlier events are in the company report.
Frequently asked questions
Shivalik Ventures 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 24 March 2008 (18+ years old) and is registered under CIN U45202MH2008PTC180356.
Shivalik Ventures has 8 current directors:
- Ramakant Ramchandra Jadhav - Director
- Prakash Vasant Ajgaonkar - Director
- Vivek Shankar Jadhav - Director
- Rohan Jitendra Mehta - Director
- Smritik Paul - Director
- Soni Srivastava - Additional Director
- Muniswamy Gopal - Additional Director
- Shankarappa Rakesh - Director
The latest financial statements of Shivalik Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shivalik Ventures is 27AALCS7683R1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shivalik Ventures is U45202MH2008PTC180356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivalik Ventures has 202 court cases on record: 49 filed by the company and 153 filed against it. 64 are pending. Most are in the high courts.
Shivalik Ventures was incorporated on 24 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Shivalik Ventures has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹350 Cr; the latest was in October 2020.
The peers of Shivalik Ventures by revenue are Ananya Shelters Private Limited, Purva Good Earth Properties Private Limited, Sowparnika Homes Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Muniswamy Gopal was appointed as Additional Director on 30 May 2025. Soni Srivastava was appointed as Additional Director on 30 May 2025. Krishna Manohar ceased to be Additional Director on 29 Dec 2022. Shivalik Ventures has 32 board changes on record in total.
Shivalik Ventures has 9 MSME Form 1 returns on record between 2017 and 2024, listing 345 overdue payments to 6 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Shivalik Ventures can be reached through the website shivalikventures.com. Its registered office is in Mumbai, Maharashtra, India.
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