Shree Atharva Devcon Private Limited
About Shree Atharva Devcon Private Limited
Data last updated:
Shree Atharva Devcon Private Limited is a private limited company based in Ujjain, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45200MP2008PTC020518.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Kailash Chandra Solanki and Shailendra Jain.
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 B – 104 Deen Dayal Complex Sanwer Road, Ujjain, Madhya Pradesh, India – 456010.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.36 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹8.97 Lakh (net margin -21.2%) and EBITDA of -₹5.43 Lakh (EBITDA margin -12.8%). Revenue has declined at a compounded annual rate (CAGR) of 472% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹26 Lakh and satisfied charges of ₹6.06 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shree Atharva Devcon Private Limited's registered office is in Ujjain, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 104 Deen Dayal Complex Sanwer Road, Ujjain, Madhya Pradesh, India – 456010
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shree Atharva Devcon 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 Atharva Devcon 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 Atharva Devcon Private Limited, buy the company report.
Financials of Shree Atharva Devcon Private Limited
FY 2025 filings availableShree Atharva Devcon Private Limited reported revenue of ₹42.36 Lakh (down 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 50% fall in the latest year. EBITDA fell 59% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.43 Lakh | ||||
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| Net Profit (PAT) | -₹8.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -12.8% | ||||
| Net Profit Margin | -21.2% | ||||
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To see the full financial statements and ratios of Shree Atharva Devcon Private Limited, buy the company report.
Board of directors of Shree Atharva Devcon Private Limited
Shree Atharva Devcon has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailash Chandra Solanki Also directs: Shree Atharva Resort Ujjain Private Limited | Director | 15 Nov 2011 | 14 Years 11 Months | Current |
| Shailendra Jain | Additional Director | 20 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Shree Atharva Devcon Private Limited is audited by NITIN VASANT GARUD & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITIN VASANT GARUD & CO | FY 2021 | 014133C |
Shareholding
The shareholding of Shree Atharva Devcon Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shree Atharva Devcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2022 | 100605442 | Others | ₹26 Lakh | Open | |
| 16 Jun 2015 | 10576167 | Madhya Pradesh Financial Corporation | ₹6 Cr | Satisfied | |
| 09 Nov 2012 | 10391505 | Bank of India | ₹5.65 Lakh | Satisfied |
To see the full charge records of Shree Atharva Devcon Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Shree Atharva Devcon Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shree Atharva Devcon 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 Shree Atharva Devcon Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shree Atharva Devcon Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Shailendra Jain was appointed as Additional Director on 20 Dec 2025.
3 earlier events are in the company report.
Frequently asked questions
Shree Atharva Devcon is an active private limited company based in Ujjain, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 March 2008 (18+ years old) and is registered under CIN U45200MP2008PTC020518.
Shree Atharva Devcon has 2 current directors:
- Kailash Chandra Solanki - Director
- Shailendra Jain - Additional Director
The latest financial statements of Shree Atharva Devcon 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 CIN (Corporate Identification Number) of Shree Atharva Devcon is U45200MP2008PTC020518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Atharva Devcon was incorporated on 28 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Gwalior.
Shailendra Jain was appointed as Additional Director on 20 Dec 2025. Suvigya Solanki ceased to be Additional Director on 15 Mar 2021. Manoj Bansal ceased to be Director on 02 Jul 2012. Shree Atharva Devcon has 7 board changes on record in total.
The registered office of Shree Atharva Devcon is at B – 104 Deen Dayal Complex Sanwer Road, Ujjain, Madhya Pradesh, India – 456010.
Shree Atharva Devcon operates in the real estate and construction industry, in the real estate builders and developers segment.
Shree Atharva Devcon has open charges of ₹26 Lakh and satisfied charges of ₹6.06 Cr as per latest MCA filings.
The compliance status of Shree Atharva Devcon is compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.