
Shivsagar Builders Private Limited
About Shivsagar Builders Private Limited
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Shivsagar Builders Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Flax Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL2004PTC130338.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Balbir Singh and Virender Dhar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vatika Business Centre Thapar House 3rd Floor Eastern&Central Wing Gate No.1 124 Janpa, Th Road Cp, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2019, the company reported a revenue of ₹34.2 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹56.87 Lakh (net margin -166.3%) and EBITDA of -₹27.11 Lakh (EBITDA margin -79.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹321 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Shivsagar Builders has one previous CIN (Corporate Identification Number): L74899DL2004PTC130338. The current CIN is U74899DL2004PTC130338, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL2004PTC130338 | Current |
| L74899DL2004PTC130338 | Previous |
Contact details
Shivsagar Builders Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressVatika Business Centre Thapar House 3rd Floor Eastern&Central Wing Gate No.1 124 Janpa, Th Road Cp, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shivsagar Builders 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
Business activity
The main business activity of Shivsagar Builders 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 |
Financials of Shivsagar Builders Private Limited
FY 2025 filings availableShivsagar Builders Private Limited reported revenue of ₹34.2 Lakh (down 64% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 64% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹34.2 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹27.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -79.3% | ||||
| Net Profit Margin | -166.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shivsagar Builders Private Limited, buy the company report.
Board of directors of Shivsagar Builders Private Limited
Shivsagar Builders has 2 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balbir Singh Also directs: Pegasus Infrastructure Private Limited, Nakshatra Buildcon Private Limited, SH Tech Park Developers Private Limited and 5 more | Director | 30 Aug 2025 | 1 Years 2 Months | Current |
| Virender Dhar Also directs: Pentrise Developers Private Limited, Green Edge Inframart Private Limited, Galina Developers Private Limited and 4 more | Director | 20 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Shivsagar Builders Private Limited is audited by A J K R AND ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A J K R AND ASSOCIATES | FY 2018 | 000516N |
Shareholding
The shareholding of Shivsagar Builders Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shivsagar Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2023 | 100844611 | Others | ₹315 Cr | Open | |
| 24 Oct 2018 | 100216497 | Others | ₹6 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Shivsagar Builders Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Ms DLF Universal Ltd | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Vicky | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by an individual | Disposed |
To see the full case history of Shivsagar Builders 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
No delayed payments to MSME suppliers are on our record for Shivsagar Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shivsagar Builders Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shivsagar Builders Private Limited has 22 board changes on record since 2007: 2 appointments and 20 cessations. The latest: Balbir Singh ceased to be Additional Director on 28 Sep 2025.
15 earlier events are in the company report.
Frequently asked questions
Shivsagar Builders is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 November 2004 (22+ years old) and is registered under CIN U74899DL2004PTC130338.
Shivsagar Builders has 2 current directors:
- Balbir Singh - Director
- Virender Dhar - Director
The latest financial statements of Shivsagar Builders on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shivsagar Builders is U74899DL2004PTC130338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivsagar Builders has 3 court cases on record: 3 filed against it.
Shivsagar Builders was incorporated on 03 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Balbir Singh ceased to be Additional Director on 28 Sep 2025. Balbir Singh was appointed as Director on 30 Aug 2025. Harvinder Singh ceased to be Director on 02 Dec 2021. Shivsagar Builders has 22 board changes on record in total.
The registered office of Shivsagar Builders is at Vatika Business Centre Thapar House 3rd Floor Eastern&Central Wing Gate No.1 124 Janpa, Th Road Cp, New Delhi, Delhi, India – 110001.
Shivsagar Builders operates in the real estate and construction industry, in the real estate builders and developers segment.
Shivsagar Builders has open charges of ₹321 Cr and no satisfied charges on record as per latest MCA filings.

