About Sugee Projects Private Limited
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Sugee Projects Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sugee Realty & Developers (India) Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2014PTC257879. Its GSTIN is 27AAUCS9513R1Z5 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It was formerly known as Sugee One Developers Private Limited. It is led by directors including Nishant Subhash Deshmukh and Pritesh Mangilal Jain.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Nirlon House Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.46 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹97.95 Lakh (net margin 6.8%) and EBITDA of ₹3.46 Cr (EBITDA margin 23.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹33.26 Cr and satisfied charges of ₹55.91 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 sugeegroup.com.
Company details
Contact details
Sugee Projects Private Limited's registered office is in Mumbai, Maharashtra. Its website is sugeegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Nirlon House Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400030
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sugee Projects 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 Sugee Projects is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Sugee Projects Private Limited, buy the company report.
Financials of Sugee Projects Private Limited
FY 2024 filings availableSugee Projects Private Limited reported revenue of ₹14.46 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 35% 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 | ₹3.46 Cr | ||||
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| Net Profit (PAT) | ₹97.95 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 | 23.9% | ||||
| Net Profit Margin | 6.8% | ||||
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To see the full financial statements and ratios of Sugee Projects Private Limited, buy the company report.
Board of directors of Sugee Projects Private Limited
Sugee Projects has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Subhash Deshmukh Also directs: Sugee Realtors One LLP, Sugee Eight Developers LLP, Sugee Seven Developers LLP and 5 more | Director | 26 May 2023 | 3 Years 5 Months | Current |
| Pritesh Mangilal Jain Also directs: Sugee Eight Developers LLP, Sugee Five Developers LLP, Sugee Six Developers LLP and 5 more | Director | 22 Dec 2021 | 4 Years 10 Months | Current |
| Nitin Ramchandra Varadkar Also directs: Sugee Four Developers LLP, Sugee Two Developers LLP, Sugee Eleven Developers LLP and 5 more | Director | 28 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Sugee Projects Private Limited is audited by M.G Rao for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.G Rao | FY 2023 | 029893 |
Shareholding
The shareholding of Sugee Projects Private 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 Sugee Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2024 | 100870015 | Axis Bank Limited | ₹21.5 Lakh | Open | |
| 17 Feb 2024 | 100870013 | Axis Bank Limited | ₹19.93 Lakh | Open | |
| 25 Jan 2024 | 100857432 | State Bank of India | ₹15 Cr | Open | |
| 07 Dec 2023 | 100833139 | State Bank of India | ₹15.75 Cr | Open | |
| 25 Nov 2023 | 100832692 | Axis Bank Limited | ₹2.09 Cr | Open |
To see the full charge records of Sugee Projects Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Sugee Projects Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sugee Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sugee Projects has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS9513R1Z5 | Maharashtra | Active | 14 Sep 2017 |
| 30AAUCS9513R1ZI | Goa | Active | 29 Apr 2025 |
To see the full GST registrations and return filing status of Sugee Projects Private Limited, buy the company report.
Recent activity
Sugee Projects Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Nishant Subhash Deshmukh was appointed as Director on 26 May 2023.
10 earlier events are in the company report.
News
Frequently asked questions
Sugee Projects 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 09 September 2014 (12+ years old) and is registered under CIN U70102MH2014PTC257879.
Sugee Projects has 3 current directors:
- Nishant Subhash Deshmukh - Director
- Pritesh Mangilal Jain - Director
- Nitin Ramchandra Varadkar - Director
The latest financial statements of Sugee Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sugee Projects is 27AAUCS9513R1Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AAUCS9513R1ZI (Goa).
The CIN (Corporate Identification Number) of Sugee Projects is U70102MH2014PTC257879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sugee Projects was incorporated on 09 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Nishant Subhash Deshmukh was appointed as Director on 26 May 2023. Pritesh Mangilal Jain ceased to be Additional Director on 26 Sep 2022. Nitin Pratap Salunkhe ceased to be Director on 22 Dec 2021. Sugee Projects has 9 board changes on record in total.
Sugee Projects can be reached through the website sugeegroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sugee Projects is at 3rd Floor Nirlon House Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400030.
Sugee Projects operates in the real estate and construction industry, in the real estate builders and developers segment.
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