MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0076755
Swetalee Developers Private Limited - real estate and construction in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.11 Cr
▼ 60% YoY
Net profit · FY 2024
₹6.37 Lakh
Net margin 5.8%
EBITDA · FY 2024
₹1.24 Cr
EBITDA margin 111.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹15.88 Cr
Satisfied ₹14.11 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
9
Provident fund records
About Swetalee Developers Private Limited
Data last updated:
Swetalee Developers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2013PTC073343. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Mitesh Balwantbhai Fatehkar and Balvantray Ganpatbhai Fatehkar.
Its last annual general meeting (AGM) was held on 29 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 215 – 216 The Grand Monarch Complex Nr. Simahall Anandnagar Road Satellite Ahmedabad – 3, 80015, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.11 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹6.37 Lakh (net margin 5.8%) and EBITDA of ₹1.24 Cr (EBITDA margin 111.9%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 42% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.88 Cr and satisfied charges of ₹14.11 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
Swetalee Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0076755). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swetaleedevelopers.com.
Company details
CIN U45201GJ2013PTC073343
Registration Number 073343
Incorporation Date 11 January 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0076755
Recognitions & Rankings of Swetalee Developers
Contact details
Swetalee Developers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is swetaleedevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address215 – 216 The Grand Monarch Complex Nr. Simahall Anandnagar Road Satellite Ahmedabad – 3, 80015, Gujarat, India – 380015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Swetalee Developers Private Limited, buy the company report.
Comprehensive company report
Swetalee 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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Secure checkout · GST invoice included
Business activity
The main business activity of Swetalee 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 Swetalee Developers Private Limited, buy the company report.
Financials of Swetalee Developers Private Limited
FY 2024 filings availableSwetalee Developers Private Limited reported revenue of ₹1.11 Cr (down 60% YoY) for FY 2024.
Revenue · FY 2024
₹1.11 Cr ▼ 60%
Net profit · FY 2024
₹6.37 Lakh margin 5.8%
EBITDA · FY 2024
₹1.24 Cr margin 111.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 31%
5 years · compounded
▼ 42%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 5%
5 years · compounded
▼ 10%
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 60% fall in the latest year. EBITDA rose 21% 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 | ₹1.24 Cr | ||||
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| Net Profit (PAT) | ₹6.37 Lakh | ||||
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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 | 111.9% | ||||
| Net Profit Margin | 5.8% | ||||
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To see the full financial statements and ratios of Swetalee Developers Private Limited, buy the company report.
Board of directors of Swetalee Developers Private Limited
Swetalee Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Balwantbhai Fatehkar | Director | 11 Jan 2013 | 13 Years 9 Months | Current |
| Balvantray Ganpatbhai Fatehkar | Director | 11 Jan 2013 | 13 Years 9 Months | Current |
Auditor
Swetalee Developers Private Limited is audited by MRUNAL M SHAH AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRUNAL M SHAH AND CO | FY 2023 | 131492 |
Shareholding
The shareholding of Swetalee Developers 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 Swetalee Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.88 Cr
Satisfied charges
₹14.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2024 | 100848500 | Others | ₹15 Cr | Open | |
| 31 Mar 2022 | 100585511 | Others | ₹87.62 Lakh | Open | |
| 01 Jul 2020 | 100368940 | State Bank of India | ₹1.53 Cr | Satisfied | |
| 05 Feb 2019 | 100241201 | State Bank of India | ₹9 Cr | Satisfied | |
| 20 Mar 2018 | 100175148 | Others | ₹3.58 Cr | Satisfied |
To see the full charge records of Swetalee Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Swetalee Developers Private Limited has 3 court cases on record: 3 filed against it. All cases are pending.
Total cases
3
Filed against the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by an individual | Pending |
To see the full case history of Swetalee 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 Swetalee Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swetalee Developers Private Limited has a workforce of 9 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
-10%
GST
Swetalee Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Swetalee Developers Private Limited, buy the company report.
Recent activity
Swetalee Developers Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Suresh Mohanlal Patel ceased to be Additional Director on 15 Dec 2023.
AGM
Swetalee Developers Private Limited last Annual general meeting of members was held on 29 Nov 2024 as per latest MCA records.
Filing
Swetalee Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1,500.00 Lakh with Charge ID 100848500 was registered on 05 Jan 2024.
Ceased
Suresh Mohanlal Patel ceased to be Additional Director.
Appointed
Suresh Mohanlal Patel was appointed as Additional Director.
Charges
A charge registered on 01 Jul 2020 via Charge ID 100368940 with State Bank Of India was fully satisfied on 19 Dec 2022.
Charges
A charge registered on 05 Feb 2019 via Charge ID 100241201 with State Bank Of India was fully satisfied on 19 Dec 2022.
Charges
A charge with Others amounted to Rs. 87.62 Lakh with Charge ID 100585511 was registered on 31 Mar 2022.
Charges
A charge with State Bank Of India amounted to Rs. 153.00 Lakh with Charge ID 100368940 was registered on 01 Jul 2020.
Charges
A charge registered on 20 Mar 2018 via Charge ID 100175148 with Others was fully satisfied on 19 Mar 2019.
Charges
A charge with State Bank Of India amounted to Rs. 900.00 Lakh with Charge ID 100241201 was registered on 05 Feb 2019.
Charges
A charge with Others amounted to Rs. 357.50 Lakh with Charge ID 100175148 was registered on 20 Mar 2018.
3 earlier events are in the company report.
Frequently asked questions
Swetalee Developers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 January 2013 (13+ years old) and is registered under CIN U45201GJ2013PTC073343.
Swetalee Developers has 2 current directors:
- Mitesh Balwantbhai Fatehkar - Director
- Balvantray Ganpatbhai Fatehkar - Director
The latest financial statements of Swetalee Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 November 2024. Year-wise statements from 2015 are in the company report.
No. Swetalee Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Swetalee Developers is U45201GJ2013PTC073343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swetalee Developers has 3 court cases on record: 3 filed against it. 3 are pending.
Swetalee Developers was incorporated on 11 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Suresh Mohanlal Patel ceased to be Additional Director on 15 Dec 2023. Suresh Mohanlal Patel was appointed as Additional Director on 01 Apr 2023. Balvantray Ganpatbhai Fatehkar was appointed as Director on 11 Jan 2013. Swetalee Developers has 4 board changes on record in total.
Yes, Swetalee Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0076755).
Swetalee Developers can be reached through the website swetaleedevelopers.com. Its registered office is in Ahmedabad, Gujarat, India.