About Time Square Properties Private Limited
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Time Square Properties Private Limited is a private limited company based in Bhuj, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2010PTC060855. Its GSTIN is 24AADCT4809L1Z6 (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Mital Chirag Kumar Shah and Heenaben Bhadreshkumar Mehta.
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 Revenue Survey No – 870 Nr. Gmdc Guest House Mirjapar Road, Bhuj, Gujarat, India – 370001.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.04 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹5.32 Lakh (net margin -0.5%) and EBITDA of ₹1.92 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 27% over five years.
The company is associated with 1 brand: Time Square Properties Pvt Ltd. As per MCA filings, the company has open charges of ₹84.5 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 timesquareproperties.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRevenue Survey No – 870 Nr. Gmdc Guest House Mirjapar Road, Bhuj, Gujarat, India – 370001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Time Square Properties Private Limited
The main business activity of Time Square Properties is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Time Square Properties Private Limited FY 2025 filings available
Time Square Properties Private Limited reported revenue of ₹11.04 Cr (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Time Square Properties Private Limited
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 45% 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 of Time Square Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.92 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.32 Lakh | •••• | •••• | •••• | •••• |
| 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 Time Square Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.5% | •••• | •••• | •••• | •••• |
| 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 Time Square 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 Time Square Properties Private Limited
Time Square Properties Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tril Urban Transport Private Limited | ₹11.05 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Mumbai, Maharashtra, India |
| Dharmindra Constructions Private Limited | ₹11.05 Cr (FY 2016) | •••• | •••• | -22.0% | •••• | Chandigarh, India |
| PPP Global Private Limited | ₹11.05 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Chennai, Tamil Nadu, India |
| Umrit Exports and Investments Private Limited | ₹11.04 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Bangalore, Karnataka, India |
| Green Home Villas India Private Limited | ₹11.04 Cr (FY 2025) | •••• | •••• | 8733.0% | •••• | Telangana, India |
| Time Square Properties Private Limited this company | ₹11.04 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Bhuj, Gujarat, India |
| Rajkishore Developers Private Limited | ₹11.04 Cr (FY 2019) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Raajdhani Colonizers Private Limited | ₹11.03 Cr (FY 2021) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| The Pressure Piling Company (India) Private Limited | ₹11.03 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Mumbai, Maharashtra, India |
| Rajasthan Police Infrastructure Development Corporation Limited | ₹11.03 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Jaipur, Rajasthan, India |
| Excel Stone Developers Private Limited | ₹11.03 Cr (FY 2022) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Time Square Properties by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Time Square Properties Private Limited
Time Square Properties Private Limited is audited by J T MEHTA AND CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J T MEHTA AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Time Square Properties Private Limited
Time Square Properties has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mital Chirag Kumar Shah | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
| Heenaben Bhadreshkumar Mehta | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
| Bhadresh Tribhovan Mehta | Director | 21 May 2010 | 16 Years 4 Months | Current |
| Chirag Kirtikumar Shah | Director | 21 May 2010 | 16 Years 4 Months | Current |
Ownership and Shareholding of Time Square 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 Time Square Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2025 | The Zoroastrian Co-Operative Bank Limited | ₹4.12 Cr | Open |
| 25 Mar 2021 | State Bank of India | ₹10 Cr | Open |
| 12 Mar 2021 | State Bank of India | ₹10 Cr | Open |
| 05 Nov 2020 | Sidbi | ₹35.45 Cr | Open |
| 27 Mar 2017 | State Bank of India | ₹24.93 Cr | Open |
Total charge records: 5 View all charges
Associated Brands with Time Square Properties Private Limited
Time Square Properties operates one associated brand: Time Square Properties Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development focusing on residential villas and commercial properties in India. | timesquareproperties.in |
Employees and EPFO Compliance at Time Square Properties Private Limited
Employment history and EPFO contributions of people linked to Time Square 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.
Group Structure of Time Square Properties Private Limited
Time Square Properties has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
Recent Activity on Time Square Properties Private Limited
Time Square Properties Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Heenaben Bhadreshkumar Mehta ceased to be Additional Director on 30 Sep 2015.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Time Square 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 Time Square 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 Time Square 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 Time Square Properties Private Limited
Time Square Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT4809L1Z6 | Gujarat | Active | 01 Jul 2017 |
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 Time Square 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 Time Square Properties Private Limited
Time Square Properties is an active private limited company based in Bhuj, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 May 2010 (16+ years old) and is registered under CIN U45201GJ2010PTC060855.
Time Square Properties reported revenue of ₹11.04 Cr for FY 2025 (down 36% YoY).
Time Square Properties has 4 current directors:
- Mital Chirag Kumar Shah - Director
- Heenaben Bhadreshkumar Mehta - Director
- Bhadresh Tribhovan Mehta - Director
- Chirag Kirtikumar Shah - Director
Time Square Properties reported a net loss of ₹5.32 Lakh (net margin -0.5%) and EBITDA of ₹1.92 Cr (EBITDA margin 17.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Time Square Properties is -2% over three years and 27% over five years. In the latest year (FY 2025) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Time Square Properties is 24AADCT4809L1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Time Square Properties is U45201GJ2010PTC060855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Time Square Properties was incorporated on 21 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Time Square Properties by revenue are Tril Urban Transport Private Limited, Dharmindra Constructions Private Limited, PPP Global Private Limited, Umrit Exports and Investments Private Limited, Green Home Villas India Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Heenaben Bhadreshkumar Mehta ceased to be Additional Director on 30 Sep 2015. Mital Chirag Kumar Shah ceased to be Additional Director on 30 Sep 2015. Heenaben Bhadreshkumar Mehta was appointed as Director on 01 Apr 2015. Time Square Properties has 6 board changes on record in total.
Time Square Properties can be reached through the website timesquareproperties.in. Its registered office is in Bhuj, Gujarat, India.