About Shreejikrupa Project Limited
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Shreejikrupa Project Limited is a public limited company based in Rajkot, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 13 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2006PLC047509. Its GSTIN is 24AALCS6689K1ZJ (Gujarat). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹38.24 Cr. It is led by directors including Karsanbhai Bachubhai Varsani (Managing Director) and Sanjaybhai Mavjibhai Varsani (Whole-Time Director).
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 Office – 303 Iskon Mall Nr. Big Bazar 150 Ft. Ring Road, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2025, the company reported a revenue of ₹838.68 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹65.53 Cr (net margin 7.8%) and EBITDA of ₹104.61 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 19% over five years.
The company has about 100 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Shreeji Krupa Projects. As per MCA filings, the company has open charges of ₹357.95 Cr and satisfied charges of ₹59.59 Cr on record. Court records list 51 cases involving the company, including 22 filed by the company and 29 filed against it; 4 cases are pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.03 Cr; the latest was in April 2024. Its 3 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 2 larger and 1 smaller; the largest is Amrutha Constructions Private Limited with revenue of ₹881.37 Cr. The company has 5 MSME Form 1 returns on record between 2020 and 2024, listing 48 overdue payments to 18 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 shreejikrupa.co.in.
Company details
Contact details
Shreejikrupa Project Limited's registered office is in Rajkot, Gujarat. Its website is shreejikrupa.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice – 303 Iskon Mall Nr. Big Bazar 150 Ft. Ring Road, Rajkot, Gujarat, India – 360001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Shreejikrupa Project 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
Shreejikrupa Project operates one associated brand: Shreeji Krupa Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive infrastructure development services. | shreejikrupa.co.in |
Business activity
The main business activity of Shreejikrupa Project is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Shreejikrupa Project Limited, buy the company report.
Financials of Shreejikrupa Project Limited
FY 2025 filings availableShreejikrupa Project Limited reported revenue of ₹838.68 Cr (up 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 54% growth in the latest year. EBITDA rose 97% 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 | ₹104.61 Cr | ||||
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| Net Profit (PAT) | ₹65.53 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 | 12.5% | ||||
| Net Profit Margin | 7.8% | ||||
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To see the full financial statements and ratios of Shreejikrupa Project Limited, buy the company report.
Board of directors of Shreejikrupa Project Limited
Shreejikrupa Project has 10 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Rai | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
| Narharibhai Dhanjibhai Virani | Director | 01 Jul 2020 | 6 Years 3 Months | Current |
| Chandni Mahendra Malaviya | Director | 29 Jan 2024 | 2 Years 8 Months | Current |
| Ramjibhai Gadhia | Director | 29 Jan 2024 | 2 Years 8 Months | Current |
| Sagar G Varsani Also directs: Kec Bearings Private Limited | Director | 14 Aug 2021 | 5 Years 2 Months | Current |
| Karsanbhai Bachubhai Varsani | Managing Director | 29 Jul 2006 | 20 Years 2 Months | Current |
Peer comparison
Shreejikrupa Project Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amrutha Constructions Private Limited | ₹881.37 Cr (FY 2024) | -32.0% | Bengaluru, Karnataka, India | |||
| R & C Infraengineers Private Limited | ₹857.89 Cr (FY 2025) | -24.0% | Faizabad, Uttar Pradesh, India | |||
| Shreejikrupa Project Limitedthis company | ₹838.68 Cr (FY 2025) | ₹65.53 Cr | 7.8% | 54.0% | 100 | Rajkot, Gujarat, India |
| RNS Infrastructure Limited | ₹803.99 Cr (FY 2025) | -15.0% | Hubli, Karnataka, India |
To see the full peer comparison of Shreejikrupa Project Limited, buy the company report.
Auditor
Shreejikrupa Project Limited is audited by S C Makecha & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C Makecha & Associates | FY 2023 | 120184W |
Shareholding
The shareholding of Shreejikrupa Project 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 Shreejikrupa Project Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2025 | 101203426 | Hdfc Bank Limited | ₹64.25 Lakh | Open | |
| 30 Oct 2025 | 101188540 | Others | ₹23 Lakh | Open | |
| 30 Oct 2025 | 101188563 | Others | ₹16 Lakh | Open | |
| 19 Sep 2025 | 101165839 | Others | ₹18 Lakh | Open | |
| 18 Aug 2025 | 101146353 | Others | ₹32 Lakh | Open |
To see the full charge records of Shreejikrupa Project Limited, buy the company report.
Total charge records: 76 View all charges
Deals & funding
Shreejikrupa Project Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.03 Cr; the latest was in April 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
To see the full deal history of Shreejikrupa Project 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
Shreejikrupa Project Limited has 51 court cases on record: 22 filed by Shreejikrupa Project, 29 filed against it. 4 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 12 | 1 |
| District courts | 19 | 17 | 3 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Puri, Odisha | Court case (F.a.o .) | Filed against the company by Urban Sathi Construction Pvt. Ltd | Pending |
| District court, Puri, Odisha | Civil suit | Filed against the company by Urban Sathi Constructions Pvt. Ltd | Pending |
| High Court of Orissa | Interim or miscellaneous application | Filed against the company by M/S Urban Sathi Constructions Pvt. Ltd. | Pending |
| High Court of Chhattisgarh | Court case (WPCR) | Filed against the company by Oxyzo Financial Services Ltd. | Disposed |
| District court, Puri, Odisha | Interim or miscellaneous application | Filed against the company by Urban Sathi Constructions Pvt. Ltd | Disposed |
To see the full case history of Shreejikrupa Project 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.
Credit ratings & regulatory alerts
Shreejikrupa Project Limited was last rated by Care on 04 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Oct 2021 |
To see the full credit ratings and regulatory alerts of Shreejikrupa Project Limited, buy the company report.
MSME payment delays
Shreejikrupa Project Limited has 5 MSME Form 1 returns on record between 2020 and 2024, listing 48 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ankit Marketing | |||
| an individual supplier | |||
| Grewal Cement Pipe Indus | |||
| SSTL India Private Limited |
To see the full MSME payment records of Shreejikrupa Project Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shreejikrupa Project has 1 subsidiary 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 |
|---|---|---|
| Dr Herbmed Private Limited | U51909GJ2022PTC136455 |
To see the full group structure of Shreejikrupa Project Limited, buy the company report.
Employees & EPFO
Shreejikrupa Project Limited has a workforce of 100 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Shreejikrupa Project has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCS6689K1ZJ | Gujarat | Active | 01 Jul 2017 |
| 22AALCS6689K1ZN | Chhattisgarh | Active | 01 Jul 2017 |
| 23AALCS6689K1ZL | Madhya Pradesh | Active | 01 Jul 2017 |
| 21AALCS6689K1ZP | Odisha | Active | 02 Jan 2019 |
To see the full GST registrations and return filing status of Shreejikrupa Project Limited, buy the company report.
Recent activity
Shreejikrupa Project Limited has 43 board changes on record since 2006: 10 appointments and 33 cessations. The latest: Anil Kumar Rai ceased to be Additional Director on 20 Aug 2025.
145 earlier events are in the company report.
Frequently asked questions
Shreejikrupa Project is an active public limited company based in Rajkot, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 13 January 2006 (20+ years old) and is registered under CIN U45200GJ2006PLC047509.
Shreejikrupa Project has 10 current directors:
- Karsanbhai Bachubhai Varsani - Managing Director
- Sanjaybhai Mavjibhai Varsani - Whole-Time Director
- Anil Kumar Rai - Director
- Narharibhai Dhanjibhai Virani - Director
- Chandni Mahendra Malaviya - Director
- Ramjibhai Gadhia - Director
- Sagar G Varsani - Director
- Kevin K Varsani - Director
- Sheelaben Mansukhlal Dattani - Director
- Deepak Kumar Pradhan - Director
The latest financial statements of Shreejikrupa Project 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 Shreejikrupa Project is 24AALCS6689K1ZJ, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 22AALCS6689K1ZN (Chhattisgarh), 23AALCS6689K1ZL (Madhya Pradesh), 21AALCS6689K1ZP (Odisha).
The CIN (Corporate Identification Number) of Shreejikrupa Project is U45200GJ2006PLC047509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shreejikrupa Project has 51 court cases on record: 22 filed by the company and 29 filed against it. 4 are pending. Most are in the high courts.
Shreejikrupa Project was incorporated on 13 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shreejikrupa Project has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.03 Cr; the latest was in April 2024.
The peers of Shreejikrupa Project by revenue are Amrutha Constructions Private Limited, R & C Infraengineers Private Limited, RNS Infrastructure Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Anil Kumar Rai ceased to be Additional Director on 20 Aug 2025. Deepak Kumar Pradhan ceased to be Additional Director on 20 Aug 2025. Sheelaben Mansukhlal Dattani ceased to be Additional Director on 20 Aug 2025. Shreejikrupa Project has 43 board changes on record in total.
Shreejikrupa Project has 5 MSME Form 1 returns on record between 2020 and 2024, listing 48 overdue payments to 18 micro and small suppliers. The latest return was filed on 22 Jun 2024.
Shreejikrupa Project can be reached through the website shreejikrupa.co.in. Its registered office is in Rajkot, Gujarat, India.