MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0070649
Sudhapati Developers Private Limited - real estate and construction in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.8 Cr
▲ 12% YoY
Net profit · FY 2024
₹1.35 Cr
Net margin 4.4%
EBITDA · FY 2024
₹2.26 Cr
EBITDA margin 7.3%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹40.9 Cr
Satisfied ₹4.1 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
8
Provident fund records
About Sudhapati Developers Private Limited
Data last updated:
Sudhapati Developers Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45500GJ2018PTC101074. Its GSTIN is 24AAZCS9309L1ZG (Gujarat).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Valji Laxmanbhai Bharwad and Jagdish R Bharwad.
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 Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.8 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 4.4%) and EBITDA of ₹2.26 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 31% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.9 Cr and satisfied charges of ₹4.1 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 5 cases are pending.
Sudhapati Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0070649). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aaryagroupvadodara.com.
Company details
CIN U45500GJ2018PTC101074
Registration Number 101074
Incorporation Date 06 March 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0070649
Key People
Valji Laxmanbhai Bharwad Director Jagdish R Bharwad Director Raghubhai Ranabhai Bharvad Director Recognitions & Rankings of Sudhapati Developers
Contact details
Sudhapati Developers Private Limited's registered office is in Vadodara, Gujarat. Its website is aaryagroupvadodara.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No – 1 5 6 Jai Bharat Vip Society Behind Utkarsh School Diwalipura Race C, Ource, Vadodara, Gujarat, India – 390007
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sudhapati Developers Private Limited, buy the company report.
Comprehensive company report
Sudhapati Developers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Sudhapati Developers 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 Sudhapati Developers Private Limited, buy the company report.
Financials of Sudhapati Developers Private Limited
FY 2025 filings availableSudhapati Developers Private Limited reported revenue of ₹30.8 Cr (up 12% YoY) for FY 2024.
Revenue · FY 2024
₹30.8 Cr ▲ 12%
Net profit · FY 2024
₹1.35 Cr margin 4.4%
EBITDA · FY 2024
₹2.26 Cr margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 8%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 6%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 12% growth in the latest year. EBITDA fell 23% 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 | ₹2.26 Cr | ||||
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| Net Profit (PAT) | ₹1.35 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sudhapati Developers Private Limited, buy the company report.
Board of directors of Sudhapati Developers Private Limited
Sudhapati Developers has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Valji Laxmanbhai Bharwad | Director | 06 Mar 2018 | 8 Years 7 Months | Current |
| Jagdish R Bharwad Also directs: Shree Ananyaa Grace LLP | Director | 06 Mar 2018 | 8 Years 7 Months | Current |
| Raghubhai Ranabhai Bharvad Also directs: Shree Ananyaa Grace LLP | Director | 06 Mar 2018 | 8 Years 7 Months | Current |
| Gopalbhai Ranabhai Bharvad Also directs: Shree Ananyaa Grace LLP, Aarya Softex LLP | Director | 19 Mar 2018 | 8 Years 7 Months | Current |
| Pareshbhai Lakshmanbhai Bharvad Also directs: Aarya Softex LLP | Director | 19 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Sudhapati Developers Private Limited is audited by NIRAV SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAV SHAH & ASSOCIATES | FY 2022 | 121897W |
Shareholding
The shareholding of Sudhapati 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sudhapati Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40.9 Cr
Satisfied charges
₹4.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101130363 | Others | ₹40 Cr | Open | |
| 15 Sep 2022 | 100613695 | Hdfc Bank Limited | ₹90 Lakh | Open | |
| 27 Jan 2021 | 100419728 | Others | ₹10 Lakh | Satisfied | |
| 29 Dec 2020 | 100399930 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Sudhapati Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sudhapati Developers Private Limited has 7 court cases on record: 7 filed against it. 5 cases are pending and 2 are disposed.
Total cases
7
Filed against the company
7
Pending
5
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 5 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (CMA SC) | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed against the company | Pending |
| District court, Vadodara, Gujarat | Court case (EXE R) | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Court case (CMA SC) | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Civil suit | Filed against the company | Pending |
To see the full case history of Sudhapati 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 Sudhapati Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sudhapati Developers Private Limited has a workforce of 8 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-33.33%
GST
Sudhapati Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAZCS9309L1ZG | Gujarat | Active | 15 Mar 2018 |
To see the full GST registrations and return filing status of Sudhapati Developers Private Limited, buy the company report.
Recent activity
Sudhapati Developers Private Limited has 9 board changes on record since 2018: 7 appointments and 2 cessations. The latest: Keyurbhai Hasmukhbhai Patel ceased to be Director on 10 Jan 2022.
AGM
Sudhapati Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 27 Jan 2021 via Charge ID 100419728 with Others was fully satisfied on 03 Sep 2025.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101130363 was registered on 30 Jun 2025.
Filing
Sudhapati Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 29 Dec 2020 via Charge ID 100399930 with Others was fully satisfied on 22 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100613695 was registered on 15 Sep 2022.
Ceased
Keyurbhai Hasmukhbhai Patel ceased to be Director.
Ceased
Pritesh Sandipkumar Patel ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100419728 was registered on 27 Jan 2021.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100399930 was registered on 29 Dec 2020.
Appointed
Gopalbhai Ranabhai Bharvad was appointed as Director.
Appointed
Keyurbhai Hasmukhbhai Patel was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Sudhapati Developers is an active private limited company based in Vadodara, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 March 2018 (8+ years old) and is registered under CIN U45500GJ2018PTC101074.
Sudhapati Developers has 5 current directors:
- Valji Laxmanbhai Bharwad - Director
- Jagdish R Bharwad - Director
- Raghubhai Ranabhai Bharvad - Director
- Gopalbhai Ranabhai Bharvad - Director
- Pareshbhai Lakshmanbhai Bharvad - Director
The latest financial statements of Sudhapati 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 FY 2018 are in the company report.
The GSTIN of Sudhapati Developers is 24AAZCS9309L1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Sudhapati Developers is U45500GJ2018PTC101074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sudhapati Developers has 7 court cases on record: 7 filed against it. 5 are pending.
Sudhapati Developers was incorporated on 06 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Keyurbhai Hasmukhbhai Patel ceased to be Director on 10 Jan 2022. Pritesh Sandipkumar Patel ceased to be Director on 12 Jul 2021. Gopalbhai Ranabhai Bharvad was appointed as Director on 19 Mar 2018. Sudhapati Developers has 9 board changes on record in total.
Yes, Sudhapati Developers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0070649).
Sudhapati Developers can be reached through the website aaryagroupvadodara.com. Its registered office is in Vadodara, Gujarat, India.