About Shree Ahuja Properties Private Limited
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Shree Ahuja Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hive Carbon-Zero Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1999PTC122359. Its GSTIN is 27AAECS5561R1ZL (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.47 Cr. It is led by directors Gunashekhar Kashi Vishwanathan and Yifei Wang.
Its last annual general meeting (AGM) was held on 28 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.97 Cr (net margin -100.8%) and EBITDA of -₹57.94 Lakh (EBITDA margin -7.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 90% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹561.45 Cr on record. Court records list 303 cases involving the company, including 83 filed by the company and 220 filed against it; 70 cases are pending. The company has 8 deals on record (5 secondary share transfers, 1 debt financing, 1 rights issue), with disclosed funding of ₹24.45 Cr; the latest was in March 2020. The company has 4 MSME Form 1 returns on record between 2021 and 2022, listing 42 overdue payments to 9 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 ahujahive.com.
Company details
Contact details
Shree Ahuja Properties Private Limited's registered office is in Mumbai, Maharashtra. Its website is ahujahive.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor Rajpipla Opp. Standard Chartered Linking Road Bank Linking Road Santac, Ru (West), Mumbai, Maharashtra, India – 400054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shree Ahuja Properties 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 Shree Ahuja Properties 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 Shree Ahuja Properties Private Limited, buy the company report.
Financials of Shree Ahuja Properties Private Limited
FY 2022 filings availableShree Ahuja Properties Private Limited reported revenue of ₹7.91 Cr (up 371% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 90% over five years, including 371% growth in the latest year. EBITDA rose 92% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.91 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹57.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.97 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.3% | ||||
| Net Profit Margin | -100.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Shree Ahuja Properties Private Limited, buy the company report.
Board of directors of Shree Ahuja Properties Private Limited
Shree Ahuja Properties has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunashekhar Kashi Vishwanathan Also directs: Nanban Apparel LLP, Magic Properties Private Limited, Pushpanjali Realtors Private Limited and 3 more | Director | 04 Dec 2023 | 2 Years 10 Months | Current |
| Yifei Wang Also directs: Magic Properties Private Limited, Pushpanjali Realtors Private Limited, Hive Carbon-Zero Developers Private Limited and 2 more | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Shree Ahuja Properties Private Limited is audited by MANJUNATH GOWDA AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANJUNATH GOWDA AND ASSOCIATES | FY 2022 | 123659W |
Shareholding
The shareholding of Shree Ahuja Properties Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shree Ahuja Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2018 | 100207310 | Others | ₹200 Cr | Satisfied | |
| 30 May 2017 | 100115973 | Others | ₹157 Cr | Satisfied | |
| 31 Jan 2017 | 100079670 | Others | ₹22.5 Cr | Satisfied | |
| 04 Feb 2014 | 10481020 | Idbi Trusteeship Services Limited | ₹60 Cr | Satisfied | |
| 03 May 2013 | 10464318 | Kotak Mahindra Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Shree Ahuja Properties Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Shree Ahuja Properties Private Limited has 8 deals on record (5 secondary share transfers, 1 debt financing, 1 rights issue), with disclosed funding of ₹24.45 Cr; the latest was in March 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Sahyog Real Estate Ventures LLP Seller: Hive Carbon-Zero Developers Private Limited |
| Aug 2019 | Rights issue | ₹12.5 Lakh | Investors: Hive Carbon-Zero Developers Private Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Om Jagdish Realtors Private Limited Seller: Ashtavinayaka Builders & Developers Private Limited , Cyber Active Technologies (India) Private Limited , Sai Laxmi Properties Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Jivdani Properties Private Limited , Omkara Land & Developers Private Limited , Sai Swaroop Land & Developers Private Limited Seller: an individual |
| Jan 2008 | Funding round | ₹1.95 Cr | Investors: Ahuja Housing Projects Private Limited , Hi-Tech Global Infrastructure Private Limited , 2 individuals |
To see the full deal history of Shree Ahuja Properties Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shree Ahuja Properties Private Limited has 303 court cases on record: 83 filed by Shree Ahuja Properties, 220 filed against it. 70 cases are pending and 233 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 217 | 149 | 61 |
| High courts | 82 | 67 | 9 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 303)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Starsun Trading Pvt Ltd | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against J.B.C.G. Advisory Services Private Limited | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Starsun Trading Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company | Pending |
| Bombay High Court | Court case (N) | Filed against the company by an individual | Pending |
To see the full case history of Shree Ahuja Properties 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
Shree Ahuja Properties Private Limited has 4 MSME Form 1 returns on record between 2021 and 2022, listing 42 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cartridge Junction (India) Private Limited | |||
| an individual supplier | |||
| Kalyx Infotech Private Limited | |||
| Ample Enterprise | |||
| Benchmark Computer Solutions Limited |
To see the full MSME payment records of Shree Ahuja Properties Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shree Ahuja Properties Private Limited has a workforce of 16 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Shree Ahuja Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS5561R1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shree Ahuja Properties Private Limited, buy the company report.
Recent activity
Shree Ahuja Properties Private Limited has 12 board changes on record since 2016: 2 appointments and 10 cessations. The latest: Gunashekhar Kashi Vishwanathan ceased to be Additional Director on 27 Dec 2023.
36 earlier events are in the company report.
Frequently asked questions
Shree Ahuja Properties 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 25 October 1999 (27+ years old) and is registered under CIN U45200MH1999PTC122359.
Shree Ahuja Properties has 2 current directors:
- Gunashekhar Kashi Vishwanathan - Director
- Yifei Wang - Director
The latest financial statements of Shree Ahuja Properties on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 December 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Shree Ahuja Properties is 27AAECS5561R1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shree Ahuja Properties is U45200MH1999PTC122359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Ahuja Properties has 303 court cases on record: 83 filed by the company and 220 filed against it. 70 are pending. Most are in the district courts.
Shree Ahuja Properties was incorporated on 25 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Shree Ahuja Properties has 8 deals on record (5 secondary share transfers, 1 debt financing, 1 rights issue), with disclosed funding of ₹24.45 Cr; the latest was in March 2020.
Gunashekhar Kashi Vishwanathan ceased to be Additional Director on 27 Dec 2023. Gunashekhar Kashi Vishwanathan was appointed as Director on 04 Dec 2023. Chandrahas Yellappa Kotian ceased to be Additional Director on 27 Feb 2023. Shree Ahuja Properties has 12 board changes on record in total.
Shree Ahuja Properties has 4 MSME Form 1 returns on record between 2021 and 2022, listing 42 overdue payments to 9 micro and small suppliers. The latest return was filed on 28 Apr 2022.
Shree Ahuja Properties can be reached through the website ahujahive.com. Its registered office is in Mumbai, Maharashtra, India.