
About Shrem Construction Private Limited
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Shrem Construction Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2010PTC202154. Its GSTIN is 27AAOCS2312J1Z8 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.67 Cr. It is led by directors including Hitesh Chhatwal and Nitan Chhatwal.
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 1101 Viraj Towers Jn Of Andheri Kurla Road W. E. Highway Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.24 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹16.77 Cr (net margin -395.6%) and EBITDA of -₹2.97 Cr (EBITDA margin -70.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 17% over five years.
The company has about 53 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Shrem. As per MCA filings, the company has open charges of ₹85 Cr and satisfied charges of ₹430 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 shrem.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1101 Viraj Towers Jn Of Andheri Kurla Road W. E. Highway Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Competitors & Alternatives of Shrem Construction Private Limited
Brands and companies operating in the same space as Shrem Construction Private Limited include Isprava, Oberoi Realty, Nagarjuna Construction Company and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Developer of luxury residential properties | Mumbai, India | 1992 |
| | Premium residential building development services are provided. | Mumbai, India | 1980 |
| | Commercial property development services are provided in India. | Hyderabad, India | 1978 |
| | Provider of property and real estate development services | Gurugram, India | 1947 |
| | Provider of infrastructure development and management services | Gurugram, India | 1990 |
| | Developer of residential and commercial real estate properties | Mumbai, India | 1980 |
| | Residential properties are developed in mid-market and affordable segments. | Bengaluru, India | 1995 |
| | Commercial and residential real estate development services are provided. | Bengaluru, India | 1997 |
| | Residential and commercial properties are developed by SOBHA in India. | Bengaluru, India | 1995 |
| | 3D printing technology for construction professionals is provided by Skanska. | Stockholm, Sweden | 1887 |
Business Activity of Shrem Construction Private Limited
The main business activity of Shrem Construction is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Shrem Construction Private Limited
Shrem Construction Private Limited is audited by Chaturvedi & Chaturvedi for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chaturvedi & Chaturvedi | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shrem Construction Private Limited
Shrem Construction has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Chhatwal | Director | 17 Apr 2010 | 16 Years 5 Months | Current |
| Nitan Chhatwal Also directs: Orsp LLP, Ajanta Nirmal Nagar Infrastructure Limited Liability Partnership, Shrem Trading LLP and 5 more | Director | 17 Apr 2010 | 16 Years 5 Months | Current |
| Smita Nitan Chhatwal Also directs: Shrem Trading LLP, Shrem Enterprises Private Limited, Shrem Airport Hotels Private Limited and 5 more | Director | 20 Aug 2010 | 16 Years 1 Months | Current |
Financials of Shrem Construction Private Limited FY 2025 filings available
Shrem Construction Private Limited reported revenue of ₹4.24 Cr (down 91% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shrem Construction Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 91% fall in the latest year. EBITDA fell 107% 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 of Shrem Construction Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.97 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.77 Cr | •••• | •••• | •••• | •••• |
| 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 of Shrem Construction Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -70.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -395.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shrem Construction are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Shrem Construction Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Shrem Construction Private Limited
Shrem Construction has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Star Cultivation Private Limited | U01403MH2012PTC229901 | Locked |
| Shrem Properties Private Limited | U45203MH2010PTC206446 | Locked |
| Luxurious Properties Private Limited | U45400MH2013PTC243697 | Locked |
| Anekanta Realtors Private Limited | U70100MH2000PTC128362 | Locked |
Showing major subsidiaries. Total: 4.
Charges & Borrowings of Shrem Construction Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2021 | Others | ₹85 Cr | Satisfied |
| 09 Jan 2021 | Others | ₹15 Cr | Satisfied |
| 12 Dec 2019 | Others | ₹150 Cr | Satisfied |
| 26 Mar 2018 | Others | ₹160 Cr | Satisfied |
| 26 Jun 2015 | State Bank of India | ₹20 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Shrem Construction Private Limited
Shrem Construction Private Limited has a workforce of 53 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Shrem Construction Private Limited
Shrem Construction has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS2312J1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 30AAOCS2312J1ZL | Goa | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Shrem Construction Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shrem Construction Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shrem Construction Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shrem Construction Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Shrem Construction Private Limited
Recent News on Shrem Construction Private Limited
Frequently Asked Questions about Shrem Construction Private Limited
Shrem Construction 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 17 April 2010 (16+ years old) and is registered under CIN U45200MH2010PTC202154.
Shrem Construction reported revenue of ₹4.24 Cr for FY 2025 (down 91% YoY).
Shrem Construction has 3 current directors:
- Hitesh Chhatwal - Director
- Nitan Chhatwal - Director
- Smita Nitan Chhatwal - Director
Shrem Construction reported a net loss of ₹16.77 Cr (net margin -395.6%) and EBITDA of -₹2.97 Cr (EBITDA margin -70.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shrem Construction is 5% over three years and -17% over five years. In the latest year (FY 2025) revenue fell 91%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shrem Construction is 27AAOCS2312J1Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AAOCS2312J1ZL (Goa).
The CIN (Corporate Identification Number) of Shrem Construction is U45200MH2010PTC202154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrem Construction was incorporated on 17 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Shrem Construction can be reached through the website shrem.in. Its registered office is in Mumbai, Maharashtra, India.