About Unique Estates Development Company Limited
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Unique Estates Development Company Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the mall and retail management segment of the business services sector. It was incorporated on 11 February 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1974PLC017190. Its GSTIN is 27AAACU0699N1ZQ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Unique Estates Development Corporation Limited. It is led by directors including Sandeep Gopal Raheja and Hemant Bhagwan Bhagchandani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Construction House 'B'623 Linking Road Opp Khar Telephone Exchange Khar, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2023, the company reported a revenue of ₹381.95 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹163.73 Cr (net margin 42.9%) and EBITDA of ₹184.05 Cr (EBITDA margin 48.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 178 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹750 Cr and satisfied charges of ₹1,336.89 Cr on record. Court records list 46 cases involving the company, including 12 filed by the company and 34 filed against it; 32 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website infinitimall.com.
Company details
Contact details
Unique Estates Development Company Limited's registered office is in Mumbai, Maharashtra. Its website is infinitimall.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressConstruction House 'B'623 Linking Road Opp Khar Telephone Exchange Khar, Mumbai, Maharashtra, India – 400052
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of Unique Estates Development Company 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 activities of Unique Estates Development Company are construction and real estate. In detail, this covers buildings and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Unique Estates Development Company Limited, buy the company report.
Financials of Unique Estates Development Company Limited
FY 2024 filings availableUnique Estates Development Company Limited reported revenue of ₹381.95 Cr (up 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 42% growth in the latest year. EBITDA rose 78% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹381.95 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹184.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹163.73 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.2% | ||||
| Net Profit Margin | 42.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Unique Estates Development Company Limited, buy the company report.
Board of directors of Unique Estates Development Company Limited
Unique Estates Development Company has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Gopal Raheja Also directs: Infiniti Malls Private Limited, Kanishka Properties Private Limited, Ideal Properties Pvt Ltd and 5 more | Director | 12 Apr 1994 | 32 Years 6 Months | Current |
| Hemant Bhagwan Bhagchandani Also directs: Calendula Traders Private Limited | Director | 29 Mar 2016 | 10 Years 7 Months | Current |
| Shyam Nandlal Wadhwani | Director | 15 Dec 2011 | 14 Years 10 Months | Current |
| Durga Sandeep Raheja Also directs: Infiniti Malls Private Limited, Kanishka Properties Private Limited, Ideal Properties Pvt Ltd and 5 more | Director | 08 Nov 1996 | 29 Years 11 Months | Current |
| Vijay Umakant Vasudeo | Director | 17 May 2024 | 2 Years 5 Months | Current |
Auditor
Unique Estates Development Company Limited is audited by SLBM & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SLBM & CO LLP | FY 2023 | W100707 |
Shareholding
The shareholding of Unique Estates Development Company 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 Unique Estates Development Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2022 | 100564959 | Others | ₹750 Cr | Open | |
| 23 Sep 2015 | 10593161 | Others | ₹535.89 Cr | Satisfied | |
| 30 Nov 2011 | 10320281 | The Jammu and Kashmir Bank Limited | ₹350 Cr | Satisfied | |
| 30 Jan 2009 | 10141639 | Idbi Trusteeship Services Limited | ₹50 Cr | Satisfied | |
| 28 Mar 2008 | 10101435 | Idbi Bank Limited | ₹145 Cr | Satisfied |
To see the full charge records of Unique Estates Development Company Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Unique Estates Development Company Limited has 46 court cases on record: 12 filed by Unique Estates Development Company, 34 filed against it. 32 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 11 | 13 |
| NCLAT | 18 | 18 | 17 |
| District courts | 6 | 4 | 1 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ken Traders LLP (Erstwhile Ken Traders Private Limited) and 1 other | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by MHL Infotech and Leasing Private Limited and 6 Other | Pending |
| High Court | Court case (COMMP) | Filed against the company by Infiniti Retail Limited | Pending |
| Bombay High Court | Court case (APP) | Filed by the company against Ferani Hotels Private Limited and 55 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Tata Consultancy Services Limited and 12 others | Pending |
To see the full case history of Unique Estates Development Company 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.
Credit ratings & regulatory alerts
Unique Estates Development Company Limited was last rated by Care on 03 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Apr 2023 |
To see the full credit ratings and regulatory alerts of Unique Estates Development Company Limited, buy the company report.
MSME payment delays
Unique Estates Development Company Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 30 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Cyringe Digimedia Private Limited | |||
| an individual supplier | |||
| Smartenviro Systems Private Limited | |||
| Agile Security Force & Systems Private Limited |
To see the full MSME payment records of Unique Estates Development Company Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Unique Estates Development Company Limited has a workforce of 178 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Unique Estates Development Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU0699N1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Unique Estates Development Company Limited, buy the company report.
Recent activity
Unique Estates Development Company Limited has 11 board changes on record since 1982: 8 appointments and 3 cessations. The latest: Vijay Umakant Vasudeo was appointed as Director on 17 May 2024.
35 earlier events are in the company report.
Frequently asked questions
Unique Estates Development Company is an active public limited company based in Mumbai, Maharashtra, India. The company works in mall and retail management, within the business services industry. It was incorporated on 11 February 1974 (52+ years old) and is registered under CIN U45200MH1974PLC017190.
Unique Estates Development Company has 5 current directors:
- Sandeep Gopal Raheja - Director
- Hemant Bhagwan Bhagchandani - Director
- Shyam Nandlal Wadhwani - Director
- Durga Sandeep Raheja - Director
- Vijay Umakant Vasudeo - Director
The latest financial statements of Unique Estates Development Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Unique Estates Development Company is 27AAACU0699N1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Unique Estates Development Company is U45200MH1974PLC017190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Unique Estates Development Company has 46 court cases on record: 12 filed by the company and 34 filed against it. 32 are pending. Most are in the high courts.
Unique Estates Development Company was incorporated on 11 February 1974, making it 52+ years old. It is registered with the Registrar of Companies, Mumbai.
Vijay Umakant Vasudeo was appointed as Director on 17 May 2024. Rajendrakumar Kapur ceased to be Director on 23 Jan 2024. Hemant Bhagwan Bhagchandani was appointed as Director on 29 Mar 2016. Unique Estates Development Company has 11 board changes on record in total.
Unique Estates Development Company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 30 overdue payments to 9 micro and small suppliers. The latest return was filed on 11 Nov 2022.
Unique Estates Development Company can be reached through the website infinitimall.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Unique Estates Development Company is at Construction House B623 Linking Road Opp Khar Telephone Exchange Khar, Mumbai, Maharashtra, India – 400052.
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