About Shivam Greentech Private Limited
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Shivam Greentech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2006PTC048806. Its GSTIN is 24AAKCS0576L1Z0 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹21 Lakh. It was formerly known as Shivam Cleantech Private Limited. It is led by directors Shailesh Bhai Parshottambhai Bavishiya and Prafulbhai Parshottambhai Bavishiya.
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 14 15 First Floor Pushpak Apartment B/H Jodhpur Gam Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.76 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹12.77 Lakh (net margin 0.9%) and EBITDA of ₹41.19 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 111% over five years.
The company is associated with 1 brand: Shivam Developers. As per MCA filings, the company has satisfied charges of ₹5.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ghanwatgroup.com.
Company details
Name history
Shivam Greentech has undergone 3 name changes throughout its history. The company was previously known as Shivam Cleantech Private Limited, Shivam Greentech Private Limited, and Shivam Developers Pvt Ltd. The current legal name is Shivam Greentech Private Limited.
| Company Name | Status |
|---|---|
| Shivam Greentech Private Limited | Current |
| Shivam Cleantech Private Limited | Previous |
| Shivam Developers Pvt Ltd | Previous |
Contact details
Shivam Greentech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ghanwatgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address14 15 First Floor Pushpak Apartment B/H Jodhpur Gam Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryReal Estate and Construction, Real Estate Builders & Developers, Real Estate Marketing & Sales
To see the full contact details of Shivam Greentech 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
Shivam Greentech operates one associated brand: Shivam Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers real estate property development and related services. | shivamdevelopers.com |
Business activity
The main business activity of Shivam Greentech is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Shivam Greentech Private Limited, buy the company report.
Financials of Shivam Greentech Private Limited
FY 2025 filings availableShivam Greentech Private Limited reported revenue of ₹13.76 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 111%. EBITDA fell 73% 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 | ₹41.19 Lakh | ||||
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| Net Profit (PAT) | ₹12.77 Lakh | ||||
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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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| EBITDA Margin | 3% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Shivam Greentech Private Limited, buy the company report.
Board of directors of Shivam Greentech Private Limited
Shivam Greentech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Bhai Parshottambhai Bavishiya Also directs: SPV Innovation LLP, Shivamshree Businesses Limited, Lucent Cleanenergy Private Limited and 2 more | Director | 01 Aug 2006 | 20 Years 2 Months | Current |
| Prafulbhai Parshottambhai Bavishiya Also directs: SPV Innovation LLP, Shivamshree Businesses Limited, Lucent Cleanenergy Private Limited and 2 more | Director | 01 Aug 2006 | 20 Years 2 Months | Current |
Peer comparison
Shivam Greentech Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Builders and Developers, Electronic Appliances Retail and Distribution), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Energy Developers Private Limited | ₹13.77 Cr (FY 2025) | 17.0% | Faridabad, Haryana, India | |||
| Ceremony Homes Private Limited | ₹13.77 Cr (FY 2025) | 169.0% | Panipat, Haryana, India | |||
| Shivam Greentech Private Limitedthis company | ₹13.76 Cr (FY 2025) | ₹12.77 Lakh | 0.9% | -37.0% | Ahmedabad, Gujarat, India | |
| Shashwita Developers Private Limited | ₹13.76 Cr (FY 2024) | 229.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Shivam Greentech Private Limited, buy the company report.
Auditor
Shivam Greentech Private Limited is audited by M A A K & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A A K & ASSOCIATES | FY 2023 | 135024W |
Shareholding
The shareholding of Shivam Greentech 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Shivam Greentech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2015 | 10609178 | Union Bank of India | ₹3 Cr | Satisfied | |
| 08 Feb 2007 | 10107961 | Housing and Urban Development Corporation Limited | ₹2.7 Cr | Satisfied |
To see the full charge records of Shivam Greentech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Shivam Greentech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Shivam Greentech Private Limited was last rated by Brickwork on 28 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 28 Sep 2020 |
To see the full credit ratings and regulatory alerts of Shivam Greentech Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shivam Greentech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shivam Greentech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCS0576L1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivam Greentech Private Limited, buy the company report.
Recent activity
Shivam Greentech Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Prafulbhai Parshottambhai Bavishiya was appointed as Director on 01 Aug 2006.
Frequently asked questions
Shivam Greentech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 August 2006 (20+ years old) and is registered under CIN U45200GJ2006PTC048806.
Shivam Greentech has 2 current directors:
- Shailesh Bhai Parshottambhai Bavishiya - Director
- Prafulbhai Parshottambhai Bavishiya - Director
The latest financial statements of Shivam Greentech 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 Shivam Greentech is 24AAKCS0576L1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Shivam Greentech is U45200GJ2006PTC048806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivam Greentech was incorporated on 01 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shivam Greentech by revenue are Shree Energy Developers Private Limited, Ceremony Homes Private Limited, Shashwita Developers Private Limited, all in the Consumer Durables industry (Builders and Developers, Electronic Appliances Retail and Distribution), with the same principal business activity (real estate activities with own or leased property).
Prafulbhai Parshottambhai Bavishiya was appointed as Director on 01 Aug 2006. Shailesh Bhai Parshottambhai Bavishiya was appointed as Director on 01 Aug 2006.
Shivam Greentech can be reached through the website ghanwatgroup.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Shivam Greentech is at 14 15 First Floor Pushpak Apartment BH Jodhpur Gam Satellite, Ahmedabad, Gujarat, India – 380015.
Shivam Greentech operates in the real estate and construction industry, in the real estate builders and developers segment.