Shrusti Properties Private Limited
About Shrusti Properties Private Limited
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Shrusti Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 17 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC163794.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Bhanushali Properities Private Limited. It is led by directors Vinod Chandulal Mav and Darshan Dinesh Mange.
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 A – 1403 Sai Asha Deep Society S.L. Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.08 Cr (net margin 71.1%) and EBITDA of ₹1.32 Cr (EBITDA margin 86.2%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA – 1403 Sai Asha Deep Society S.L. Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryReal Estate, Real Estate Leasing
- 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
Business Activity of Shrusti Properties Private Limited
The main business activity of Shrusti Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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.
Financials of Shrusti Properties Private Limited FY 2025 filings available
Shrusti Properties Private Limited reported revenue of ₹1.53 Cr (up 1426% YoY) for FY 2024.
Financial Statement Summary of Shrusti Properties Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.08 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 Shrusti Properties Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 71.1% | •••• | •••• | •••• | •••• |
| 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 Shrusti Properties 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.
Peer Comparison of Shrusti Properties Private Limited
Shrusti Properties Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Real estate activities with own or leased property). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Udaaran Properties and Trading Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sumaanya Developers Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| RSSK Outsource Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Fossils Trade-Link Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Al Mahmood Builders Limited | •••• | •••• | •••• | •••• | - | Srinagar, Jammu & Kashmir, India |
| Shrusti Properties Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Shree Vardhan Realty Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Lupur Realtors Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Vans Township Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Auckland Jute Co Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sri Veerabhadra Properties Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Shrusti Properties by revenue in the same principal business activity (Real estate activities with own or leased property), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Shrusti Properties Private Limited
Shrusti Properties has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Chandulal Mav Also directs: Hyquest Capital Services Private Limited | Director | 21 Dec 2020 | 5 Years 9 Months | Current |
| Darshan Dinesh Mange Also directs: Hyquest Capital Services Private Limited | Director | 21 Dec 2020 | 5 Years 9 Months | Current |
Ownership and Shareholding of Shrusti Properties 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.
Charges & Borrowings of Shrusti Properties Private Limited
Shrusti Properties Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shrusti Properties Private Limited
Employment history and EPFO contributions of people linked to Shrusti Properties.
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.
Recent Activity on Shrusti Properties Private Limited
Shrusti Properties Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Darshan Dinesh Mange was appointed as Director on 21 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Shrusti Properties 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 Shrusti Properties 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 Shrusti Properties 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.
GST Compliance of Shrusti Properties Private Limited
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.
MCA Filings & Documents of Shrusti Properties 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.
Frequently Asked Questions about Shrusti Properties Private Limited
Shrusti Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 17 August 2006 (20+ years old) and is registered under CIN U45201MH2006PTC163794.
Shrusti Properties reported revenue of ₹1.53 Cr for FY 2024 (up 1426% YoY).
Shrusti Properties has 2 current directors:
- Vinod Chandulal Mav - Director
- Darshan Dinesh Mange - Director
Shrusti Properties reported a net profit of ₹1.08 Cr (net margin 71.1%) and EBITDA of ₹1.32 Cr (EBITDA margin 86.2%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Shrusti Properties is U45201MH2006PTC163794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrusti Properties was incorporated on 17 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shrusti Properties by revenue are Udaaran Properties and Trading Private Limited, Sumaanya Developers Private Limited, RSSK Outsource Private Limited, Fossils Trade-Link Private Limited, Al Mahmood Builders Limited and 5 more, all in the same principal business activity (Real estate activities with own or leased property).
Darshan Dinesh Mange was appointed as Director on 21 Dec 2020. Deepali Arvind Bhanushali ceased to be Director on 21 Dec 2020. Neela Omprakash Porwal ceased to be Director on 21 Dec 2020. Shrusti Properties has 4 board changes on record in total.
The registered office of Shrusti Properties is at A – 1403 Sai Asha Deep Society S.L. Road Mulund West, Mumbai, Maharashtra, India – 400080.
Shrusti Properties has an authorised share capital of ₹8 Cr and a paid-up capital of ₹1 Lakh.
Shrusti Properties operates in the real estate industry, in the real estate leasing segment.