- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0012342

About Sita Real Estate Developers Private Limited
Data last updated:
Sita Real Estate Developers Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 16 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1991PTC061249. Its GSTIN is 27AAHCS7431D1ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.02 Lakh. It is led by directors including Hareesh Mahabal Shetty and Jawahar Hiralal Sabhandasani.
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 Mumbai Nasik Highway Gangaram Pada Vadpe, Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.17 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹63.57 Lakh (net margin -4.8%) and EBITDA of ₹1.24 Cr (EBITDA margin 9.4%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 1% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.91 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
Sita Real Estate Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0012342). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shangrilawaterpark.com.
Company details
Recognitions & Rankings of Sita Real Estate Developers
Contact details
Sita Real Estate Developers Private Limited's registered office is in Bhiwandi, Maharashtra. Its website is shangrilawaterpark.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMumbai Nasik Highway Gangaram Pada Vadpe, Bhiwandi, Maharashtra, India – 421302
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Sita Real Estate Developers 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 Sita Real Estate Developers is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Sita Real Estate Developers Private Limited, buy the company report.
Financials of Sita Real Estate Developers Private Limited
FY 2025 filings availableSita Real Estate Developers Private Limited reported revenue of ₹13.17 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 4% fall in the latest year. EBITDA rose 636% 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 | ₹1.24 Cr | ||||
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| Net Profit (PAT) | -₹63.57 Lakh | ||||
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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 | 9.4% | ||||
| Net Profit Margin | -4.8% | ||||
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To see the full financial statements and ratios of Sita Real Estate Developers Private Limited, buy the company report.
Board of directors of Sita Real Estate Developers Private Limited
Sita Real Estate Developers 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 |
|---|---|---|---|---|
| Hareesh Mahabal Shetty | Director | 06 Jan 1998 | 28 Years 10 Months | Current |
| Jawahar Hiralal Sabhandasani | Director | 16 Apr 1991 | 35 Years 6 Months | Current |
| Gul Udhav Bathija | Director | 06 Jan 2024 | 2 Years 10 Months | Current |
Auditor
Sita Real Estate Developers Private Limited is audited by G H P & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G H P & ASSOCIATES | FY 2023 | 129175W |
Shareholding
The shareholding of Sita Real Estate Developers 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sita Real Estate Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2017 | 100128572 | Axis Bank Limited | ₹2.63 Cr | Open | |
| 23 Mar 2016 | 100023381 | Others | ₹9.39 Lakh | Open | |
| 20 Aug 2014 | 10520398 | The Kalyan Janata Sahakari Bank Limited | ₹5.5 Cr | Open | |
| 26 May 2004 | 90154364 | Ge Capital Tfs; Ltd. | ₹3.5 Lakh | Open | |
| 24 Mar 1999 | 90153585 | The Kalyan Janata Sahakari Bank Limited | ₹2.91 Cr | Open |
To see the full charge records of Sita Real Estate Developers Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Sita Real Estate Developers Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed against the company by Shangri-La International Hotel Management Ltd. and Anr. | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Shangri-La International Hotel Management Ltd. and Anr. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Shangri-La International Hotel Management Ltd. and Anr. | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by Shangri-La International Hotel Management Ltd. and Anr. | Disposed |
To see the full case history of Sita Real Estate Developers 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
No delayed payments to MSME suppliers are on our record for Sita Real Estate Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sita Real Estate Developers Private Limited has a workforce of 16 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Sita Real Estate Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS7431D1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sita Real Estate Developers Private Limited, buy the company report.
Recent activity
Sita Real Estate Developers Private Limited has 5 board changes on record since 1991: 4 appointments and 1 cessation. The latest: Gul Udhav Bathija was appointed as Director on 06 Jan 2024.
7 earlier events are in the company report.
Frequently asked questions
Sita Real Estate Developers is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 16 April 1991 (35+ years old) and is registered under CIN U45200MH1991PTC061249.
Sita Real Estate Developers has 3 current directors:
- Hareesh Mahabal Shetty - Director
- Jawahar Hiralal Sabhandasani - Director
- Gul Udhav Bathija - Director
The latest financial statements of Sita Real Estate Developers 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 Sita Real Estate Developers is 27AAHCS7431D1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sita Real Estate Developers is U45200MH1991PTC061249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sita Real Estate Developers has 4 court cases on record: 4 filed against it.
Sita Real Estate Developers was incorporated on 16 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Gul Udhav Bathija was appointed as Director on 06 Jan 2024. Udhav Lunidaram Bathija ceased to be Director on 27 Dec 2023. Hareesh Mahabal Shetty was appointed as Director on 06 Jan 1998. Sita Real Estate Developers has 5 board changes on record in total.
Yes, Sita Real Estate Developers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0012342).
Sita Real Estate Developers can be reached through the website shangrilawaterpark.com. Its registered office is in Bhiwandi, Maharashtra, India.

