
Utkarsh Private Limited
About Utkarsh Private Limited
Data last updated:
Utkarsh Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2012PTC142943. Its GSTIN is 27AABCU4284A1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varsha Niteen Jagtap and Nitin Popatrao Jagtap.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mukti Village 4 Kasba Tal. Baramati Dist. Pune, Maharashtra, India – 413102.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.36 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.61 Cr (net margin 7.2%) and EBITDA of ₹2.82 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.04 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
- Social MediaLocked
- Registered AddressMukti Village 4 Kasba Tal. Baramati Dist. Pune, Maharashtra, India – 413102
- 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 Utkarsh Private Limited
The main business activity of Utkarsh 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 Utkarsh Private Limited FY 2024 filings available
Utkarsh Private Limited reported revenue of ₹22.36 Cr (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Utkarsh Private Limited
Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 22% 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 Utkarsh 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 | ₹2.82 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.61 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 of Utkarsh Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.2% | •••• | •••• | •••• | •••• |
| 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 Utkarsh 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 Utkarsh Private Limited
Utkarsh 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 |
|---|---|---|---|---|---|---|
| Vahe Projects Private Limited | ₹22.41 Cr (FY 2015) | •••• | •••• | 115.0% | •••• | Bangalore, Karnataka, India |
| I P Housing Projects Private Limited | ₹22.41 Cr (FY 2025) | •••• | •••• | 1087.0% | •••• | Varanasi, Uttar Pradesh, India |
| Kolkata West International City Private Limited | ₹22.4 Cr (FY 2024) | •••• | •••• | -62.0% | •••• | West Bengal, India |
| Sag Projects Private Limited | ₹22.4 Cr (FY 2024) | •••• | •••• | -42.0% | •••• | Aligarh, Uttar Pradesh, India |
| RDP Realtors Private Limited | ₹22.39 Cr (FY 2024) | •••• | •••• | 13641.0% | •••• | Thane, Maharashtra, India |
| Utkarsh Private Limited this company | ₹22.36 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Pune, Maharashtra, India |
| Ambuja Realty Events Management Limited | ₹22.35 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | North 24 Parganas, West Bengal, India |
| Ashiana Dwellings Private Limited | ₹22.35 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | Kolkata, West Bengal, India |
| Bestbuilt Landzone Limited | ₹22.34 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Dehradun, Uttarakhand, India |
| SVMR Logistics Private Limited | ₹22.33 Cr (FY 2017) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Tirupati Plaza Private Limited | ₹22.32 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Siliguri, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Utkarsh 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 Utkarsh Private Limited
Utkarsh Private Limited is audited by MAHESH VEERBHADRA SAVALE for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHESH VEERBHADRA SAVALE | 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 Utkarsh Private Limited
Utkarsh has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Niteen Jagtap | Director | 12 Apr 2012 | 14 Years 5 Months | Current |
| Nitin Popatrao Jagtap Also directs: Utkaarsh Educational Foundation | Director | 12 Apr 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Utkarsh 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 Utkarsh Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2024 | Hdfc Bank Limited | ₹95 Lakh | Open |
| 30 Dec 2023 | Others | ₹2.5 Cr | Open |
| 16 Jul 2021 | Hdfc Bank Limited | ₹25.83 Lakh | Open |
| 15 Jul 2021 | Hdfc Bank Limited | ₹21.3 Lakh | Open |
| 18 Aug 2017 | Hdfc Bank Limited | ₹1.8 Cr | Open |
Total charge records: 6 View all charges
Legal Cases of Utkarsh Private Limited
Utkarsh Private Limited has 1 court case on record: 1 filed by Utkarsh. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Original Suit) | Filed by the company against Riptaakas Company | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Utkarsh Private Limited
Utkarsh Private Limited has a workforce of 50 employees as of Mar 22, 2024.
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.
Recent Activity on Utkarsh Private Limited
Utkarsh Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Nitin Popatrao Jagtap was appointed as Director on 12 Apr 2012.
Credit Ratings, Litigation & Regulatory Alerts for Utkarsh 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 Utkarsh 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 Utkarsh 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 Utkarsh Private Limited
Utkarsh has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU4284A1ZJ | Maharashtra | 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 Utkarsh 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 Utkarsh Private Limited
Utkarsh is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 April 2012 (14+ years old) and is registered under CIN U45200PN2012PTC142943.
Utkarsh reported revenue of ₹22.36 Cr for FY 2025 (down 46% YoY).
Utkarsh has 2 current directors:
- Varsha Niteen Jagtap - Director
- Nitin Popatrao Jagtap - Director
Utkarsh reported a net profit of ₹1.61 Cr (net margin 7.2%) and EBITDA of ₹2.82 Cr (EBITDA margin 12.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Utkarsh is 1% over three years and 2% over five years. In the latest year (FY 2025) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Utkarsh is 27AABCU4284A1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Utkarsh is U45200PN2012PTC142943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utkarsh has 1 court case on record: 1 filed by the company.
Utkarsh was incorporated on 12 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Utkarsh by revenue are Vahe Projects Private Limited, I P Housing Projects Private Limited, Kolkata West International City Private Limited, Sag Projects Private Limited, RDP Realtors Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Nitin Popatrao Jagtap was appointed as Director on 12 Apr 2012. Varsha Niteen Jagtap was appointed as Director on 12 Apr 2012.