
About Udhay-Vj Realty Private Limited
Data last updated:
Udhay-Vj Realty Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 07 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U04520GJ2005PTC072046. Its GSTIN is 24AAACU7650F1ZG (Gujarat). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors including Arpit Girish Kumar Patel and Heeralal Motilal Chouhan (Officer In Default).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Viral House Nr. B – Safal House B/H Armieda Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹107.82 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹49.66 Cr (net margin 46.1%) and EBITDA of ₹94.28 Cr (EBITDA margin 87.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹246.1 Cr and satisfied charges of ₹558.22 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in December 2011.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adjavis.com.
Company details
CIN history
Udhay-Vj Realty has one previous CIN (Corporate Identification Number): U04520KA2005PTC036719. The current CIN is U04520GJ2005PTC072046, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U04520GJ2005PTC072046 | Current |
| U04520KA2005PTC036719 | Previous |
Contact details
Udhay-Vj Realty Private Limited's registered office is in Ahmedabad, Gujarat. Its website is adjavis.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressViral House Nr. B – Safal House B/H Armieda Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Udhay-Vj Realty 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 Udhay-Vj Realty is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Udhay-Vj Realty Private Limited, buy the company report.
Financials of Udhay-Vj Realty Private Limited
FY 2024 filings availableUdhay-Vj Realty Private Limited reported revenue of ₹107.82 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 25% 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 |
|---|---|---|---|---|---|
| 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 | ₹94.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.66 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.4% | ||||
| Net Profit Margin | 46.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Udhay-Vj Realty Private Limited, buy the company report.
Board of directors of Udhay-Vj Realty Private Limited
Udhay-Vj Realty has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpit Girish Kumar Patel | Director | 12 Apr 2021 | 5 Years 6 Months | Current |
| Heeralal Motilal Chouhan Also directs: Adjavis Pharmaceuticals Private Limited, Dynasty Holdings Private Limited, Kaia Couture LLP and 2 more | Officer In Default | 01 Feb 2024 | 2 Years 9 Months | Current |
| Girishbhai Naranbhai Patel | Director | 11 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Udhay-Vj Realty Private Limited is audited by Chandulal M. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chandulal M. Shah & Co. | FY 2023 | 101698W |
Shareholding
The shareholding of Udhay-Vj Realty 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 Udhay-Vj Realty Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2024 | 100880801 | Hdfc Bank Limited | ₹96.1 Cr | Open | |
| 02 Aug 2023 | 100777985 | Others | ₹150 Cr | Open | |
| 13 Jun 2023 | 100743425 | Hdfc Bank Limited | ₹50 Cr | Satisfied | |
| 01 Sep 2018 | 100203995 | Others | ₹75 Cr | Satisfied | |
| 20 Aug 2018 | 100203099 | Hdfc Bank Limited | ₹73 Cr | Satisfied |
To see the full charge records of Udhay-Vj Realty Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Udhay-Vj Realty Private Limited has 2 deals on record (2 secondary share transfers); the latest was in December 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: HDFC Ventures Trustees Co Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: HDFC Ventures Trustees Co Limited Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Udhay-Vj Realty Private Limited has 5 court cases on record: 3 filed by Udhay-Vj Realty, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (FDP) | Filed against the company | Pending |
| High Court, KARNATAKA | Appeal | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
To see the full case history of Udhay-Vj Realty 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 Udhay-Vj Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Udhay-Vj Realty has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACU7650F1ZG | Gujarat | Active | 01 Jul 2017 |
| 27AAACU7650F3Z8 | Maharashtra | Active | 01 Jul 2017 |
| 29AAACU7650F3Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Udhay-Vj Realty Private Limited, buy the company report.
Recent activity
Udhay-Vj Realty Private Limited has 15 board changes on record since 2009: 3 appointments and 12 cessations. The latest: Heeralal Motilal Chouhan was appointed as Officer In Default on 01 Feb 2024.
34 earlier events are in the company report.
Frequently asked questions
Udhay-Vj Realty is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate financing, within the financial services industry. It was incorporated on 07 July 2005 (21+ years old) and is registered under CIN U04520GJ2005PTC072046.
Udhay-Vj Realty has 3 current directors:
- Arpit Girish Kumar Patel - Director
- Girishbhai Naranbhai Patel - Director
- Heeralal Motilal Chouhan - Officer In Default
The latest financial statements of Udhay-Vj Realty on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Udhay-Vj Realty is 24AAACU7650F1ZG, registered in Gujarat. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACU7650F3Z8 (Maharashtra), 29AAACU7650F3Z4 (Karnataka).
The CIN (Corporate Identification Number) of Udhay-Vj Realty is U04520GJ2005PTC072046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Udhay-Vj Realty has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Udhay-Vj Realty was incorporated on 07 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Udhay-Vj Realty has 2 deals on record (2 secondary share transfers); the latest was in December 2011.
Heeralal Motilal Chouhan was appointed as Officer In Default on 01 Feb 2024. Girishbhai Naranbhai Patel was appointed as Director on 11 Jul 2022. Sthitapragna Kantilal Shah ceased to be Director on 28 Jun 2022. Udhay-Vj Realty has 15 board changes on record in total.
Udhay-Vj Realty can be reached through the website adjavis.com. Its registered office is in Ahmedabad, Gujarat, India.

