About Utsav India Limited
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Utsav India Limited is a public limited company based in Jodhpur, Rajasthan, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U45309RJ2008PLC027003. Its GSTIN is 08AABCU0081F1ZM (Rajasthan). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹25.27 Lakh. It was formerly known as Uttsav India Limited. It is led by directors including Kapil Gupta (Managing Director) and Deepak Mathur (Whole-Time Director).
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 980 Utsav Plaza Office No 3 – A 3rd Floor Geeta Bhawan Road Sardarpura, Jodhpur, Rajasthan, India – 342003.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.24 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹98.15 Lakh (net margin 2.8%) and EBITDA of ₹3.8 Cr (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 2% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.39 Cr and satisfied charges of ₹22.86 Cr on record. Court records list 8 cases involving the company, including 8 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website utsavgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address980 Utsav Plaza Office No 3 – A 3rd Floor Geeta Bhawan Road Sardarpura, Jodhpur, Rajasthan, India – 342003
- 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 Utsav India Limited
The main business activities of Utsav India are construction and trade. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
| G | Trade | G1 | Wholesale Trading | 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 Utsav India Limited FY 2024 filings available
Utsav India Limited reported revenue of ₹35.24 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Utsav India Limited
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 38% 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 Utsav India Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹98.15 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 Utsav India Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Utsav India 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 Utsav India Limited
Utsav India Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Builders and Developers, Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sky Space Developers Private Limited | ₹35.3 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Air Force, Haryana, India |
| Transpower Technologies Private Limited | ₹35.29 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Vadodara, Gujarat, India |
| Wang Hospitality Equipment Private Limited | ₹35.27 Cr (FY 2024) | •••• | •••• | 116.0% | •••• | New Delhi, Delhi, India |
| Spaze Towers Private Limited | ₹35.25 Cr (FY 2023) | •••• | •••• | -72.0% | •••• | Gurugram, Haryana, India |
| Muthammal Estates Private Limited | ₹35.24 Cr (FY 2025) | •••• | •••• | 281.0% | •••• | Chennai, Tamil Nadu, India |
| Utsav India Limited this company | ₹35.24 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Jodhpur, Rajasthan, India |
| Powertrac Solar Projects Limited | ₹35.22 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Surendranagar, Gujarat, India |
| Marathon Panvel Infrastructures Private Limited | ₹35.21 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Cordial Homes Private Limited | ₹35.2 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Thiruvananthapuram, Kerala, India |
| Kanahaiyalal Buildcon Private Limited | ₹35.19 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Indore, Madhya Pradesh, India |
| Saaptagiri Processors & Trade Ex Private Limited | ₹35.18 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Pamdharpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Utsav India by revenue in the Consumer Durables industry (Builders and Developers, Electronic Appliances Retail and Distribution), 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 Utsav India Limited
Utsav India Limited is audited by S. CHOPRA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. CHOPRA & ASSOCIATES | 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 Utsav India Limited
Utsav India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Gupta Also directs: Utsav Electrical Private Limited, Utsav India Corporation Private Limited, Utsav Automobiles Private Limited and 1 more | Managing Director | 17 Jul 2008 | 18 Years 2 Months | Current |
| Tulika Gupta Also directs: Utsav India Corporation Private Limited, Utsav Automobiles Private Limited, Utsav Cars Private Limited and 1 more | Director | 16 Feb 2021 | 5 Years 7 Months | Current |
| Deepak Mathur | Whole-Time Director | 17 Jul 2008 | 18 Years 2 Months | Current |
Ownership and Shareholding of Utsav India 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 Utsav India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jul 2025 | Hdfc Bank Limited | ₹11 Cr | Open |
| 25 Apr 2024 | Hdfc Bank Limited | ₹7 Lakh | Open |
| 05 Oct 2023 | Axis Bank Limited | ₹60.12 Lakh | Open |
| 10 Sep 2021 | Others | ₹13 Lakh | Open |
| 19 Apr 2021 | State Bank of India | ₹11.77 Cr | Open |
Total charge records: 16 View all charges
Legal Cases of Utsav India Limited
Utsav India Limited has 8 court cases on record: 8 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Voltas Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Voltas Limited | Disposed |
| District court, Jhajjar, Haryana | Commercial suit | Filed against the company by Zeco Aircon Limited | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by Edgetech Air Systems Private Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by State Governments | Disposed |
Full case history
All 8 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 Utsav India Limited
Utsav India Limited has a workforce of 28 employees as of Mar 23, 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 Utsav India Limited
Utsav India Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Tulika Gupta was appointed as Director on 16 Feb 2021.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Utsav India 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 Utsav India 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 Utsav India 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 Utsav India Limited
Utsav India has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCU0081F1ZM | Rajasthan | Active | 01 Jul 2017 |
| 23AABCU0081F1ZU | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AABCU0081F1ZS | Gujarat | Active | 01 Jul 2017 |
| 27AABCU0081F1ZM | 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 Utsav India 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 Utsav India Limited
Utsav India is an active public limited company based in Jodhpur, Rajasthan, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 July 2008 (18+ years old) and is registered under CIN U45309RJ2008PLC027003.
Utsav India reported revenue of ₹35.24 Cr for FY 2024 (up 11% YoY).
Utsav India has 3 current directors:
- Kapil Gupta - Managing Director
- Deepak Mathur - Whole-Time Director
- Tulika Gupta - Director
Utsav India reported a net profit of ₹98.15 Lakh (net margin 2.8%) and EBITDA of ₹3.8 Cr (EBITDA margin 10.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Utsav India is -18% over three years and -2% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Utsav India is 08AABCU0081F1ZM, registered in Rajasthan. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 23AABCU0081F1ZU (Madhya Pradesh), 24AABCU0081F1ZS (Gujarat), 27AABCU0081F1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Utsav India is U45309RJ2008PLC027003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utsav India has 8 court cases on record: 8 filed against it.
Utsav India was incorporated on 17 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Utsav India by revenue are Sky Space Developers Private Limited, Transpower Technologies Private Limited, Wang Hospitality Equipment Private Limited, Spaze Towers Private Limited, Muthammal Estates Private Limited and 5 more, all in the Consumer Durables industry (Builders and Developers, Electronic Appliances Retail and Distribution).
Tulika Gupta was appointed as Director on 16 Feb 2021. Tulika Gupta ceased to be Director on 10 Feb 2021. Arun Kumar Gupta ceased to be Director on 26 Dec 2020. Utsav India has 7 board changes on record in total.