Veer Savarkar Projects Private Limited

Veer Savarkar Projects Private Limited - real estate and construction in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U70102MH2013PTC247076 Incorporated 16 August 2013 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company real estate and construction
Data last updated
Revenue · FY 2024
₹261.49 Cr
▲ 239% YoY
Net profit · FY 2024
₹89.31 Cr
Net margin 34.2%
EBITDA · FY 2024
₹116.75 Cr
EBITDA margin 44.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹54 Cr
No open charges
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings

About Veer Savarkar Projects Private Limited

Data last updated:

Veer Savarkar Projects Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Akp Holdings Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 August 2013.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2013PTC247076. Its GSTIN is 27AAECV5477D1Z4 (Maharashtra).

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ramesh Hemandas Ludhani and Gordhanbhai Anandjibhai Mandaviya.

Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Cts No. 737/9/12A/1A Signature Oshiwara Off. Veera Desai Road Andheri(W), Mumbai, Maharashtra, India – 400053.

As per the financials filed for FY 2024, the company reported a revenue of ₹261.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹89.31 Cr (net margin 34.2%) and EBITDA of ₹116.75 Cr (EBITDA margin 44.6%).

As per MCA filings, the company had satisfied charges of ₹54 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Company Details of Veer Savarkar Projects Private Limited
CIN U70102MH2013PTC247076
Registration Number 247076
Incorporation Date 16 August 2013
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Akp Holdings Private Limited
Compliance Status Active Compliant
Key People
Ramesh Hemandas Ludhani Director Gordhanbhai Anandjibhai Mandaviya Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Cts No. 737/9/12A/1A Signature Oshiwara Off. Veera Desai Road Andheri(W), Mumbai, Maharashtra, India – 400053
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
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Financials, compliance, directors, charges, ownership and filings for Veer Savarkar Projects Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Veer Savarkar Projects Private Limited

The main business activity of Veer Savarkar Projects is construction. In detail, this covers buildings.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF1BuildingsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Veer Savarkar Projects Private Limited FY 2024 filings available

Veer Savarkar Projects Private Limited reported revenue of ₹261.49 Cr (up 239% YoY) for FY 2024.

Revenue · FY 2024
₹261.49 Cr ▲ 239%
Net profit · FY 2024
₹89.31 Cr margin 34.2%
EBITDA · FY 2024
₹116.75 Cr margin 44.6%

Compounded Annual Growth Rate (CAGR) of Veer Savarkar Projects Private Limited

Revenue CAGR growth
1 year
▲ 239%

Revenue rose 239% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Veer Savarkar Projects Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹261.49 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹116.75 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹89.31 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 Veer Savarkar Projects Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin44.6%••••••••••••••••
Net Profit Margin34.2%••••••••••••••••
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 Veer Savarkar Projects are in the company report.

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Financial statements from 2015

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Peer Comparison of Veer Savarkar Projects Private Limited

Veer Savarkar Projects 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Veer Savarkar Projects Private Limited this company₹261.49 Cr (FY 2024)••••••••239.0%••••Mumbai, Maharashtra, India
Granite Gate Properties Private Limited₹77.51 Cr (FY 2017)••••••••-70.0%••••New Delhi, Delhi, India
SG Tech Engineering Private Limited₹77.45 Cr (FY 2025)••••••••-34.0%••••New Delhi, Delhi, India
Nisith Keshari Constructions Private Limited₹77.41 Cr (FY 2025)••••••••-12.0%••••Ranchi, Jharkhand, India
Roach Properties & Developers Private Limited₹77.38 Cr (FY 2025)••••••••••••Bangalore, Karnataka, India
Cosmos Prime Projects Limited₹77.32 Cr (FY 2024)••••••••474.0%••••Mumbai, Maharashtra, India
Royalgokul Constructions Private Limited₹77.18 Cr (FY 2024)••••••••1054.0%••••Bangalore, Karnataka, India
Address Infrastructures Private Limited₹77.14 Cr (FY 2021)••••••••54.0%••••Kharar, Punjab, India
Vazirani Properties Private Limited₹77.09 Cr (FY 2025)••••••••60.0%••••Mumbai, Maharashtra, India
Metro Education & Welfare Private Limited₹77.02 Cr (FY 2025)••••••••191.0%••••Gurgaon, Haryana, India
Vazirani Realty Private Limited₹76.96 Cr (FY 2025)••••••••120.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Veer Savarkar Projects 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 Veer Savarkar Projects Private Limited

Veer Savarkar Projects Private Limited is audited by Sanjay & Vijay Associates for the financial year 2024.

NameStatusAppointment DateCessation Date
Sanjay & Vijay AssociatesLockedLockedLocked
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Board of Directors of Veer Savarkar Projects Private Limited

Veer Savarkar Projects has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ramesh Hemandas Ludhani
Also directs: Anand Pandit Motion Pictures Limited Liability Partnership, Lotus Sunny Side Up Entertainment Limited Liability Partnership, Lotus Telenetwork Limited Liability Partnership and 5 more
Director25 May 201511 Years 4 MonthsAs last reported
Gordhanbhai Anandjibhai Mandaviya
Also directs: True Vritika Projects Private Limited
Director11 Jun 201412 Years 4 MonthsAs last reported
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Ownership and Shareholding of Veer Savarkar Projects Private Limited

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Charges & Borrowings of Veer Savarkar Projects Private Limited

Open charges
None
Satisfied charges
₹54 Cr
Breakdown by lending institutions
Indian Bank₹39.00 Cr
Others₹15.00 Cr
Latest charge details
DateLenderAmountStatus
08 Nov 2021Others₹15 CrSatisfied
28 Jan 2021Indian Bank₹39 CrSatisfied

Total charge records: 2 View all charges

MSME Payment Delays by Veer Savarkar Projects Private Limited

Veer Savarkar Projects Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Shreeji Woodcraft Private Limited••••••••••••
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Veer Savarkar Projects Private Limited

Employment history and EPFO contributions of people linked to Veer Savarkar Projects.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Veer Savarkar Projects Private Limited

Veer Savarkar Projects Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Ramesh Hemandas Ludhani was appointed as Director on 25 May 2015.

AGM
Veer Savarkar Projects Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Filing
Veer Savarkar Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge registered on 08 Nov 2021 via Charge ID 100504025 with Others was fully satisfied on 14 Aug 2023.
Charges
A charge registered on 28 Jan 2021 via Charge ID 100415802 with Indian Bank was fully satisfied on 01 Aug 2023.
Charges
A charge with Others amounted to Rs. 1,500.00 Lakh with Charge ID 100504025 was registered on 08 Nov 2021.
Charges
A charge with Indian Bank amounted to Rs. 3,900.00 Lakh with Charge ID 100415802 was registered on 28 Jan 2021.
Appointed
Ramesh Hemandas Ludhani was appointed as Director.
Ceased
Anand Kamalnayan Pandit ceased to be Director.
Ceased
Arvind Danabhai Desai ceased to be Director.
Appointed
Gordhanbhai Anandjibhai Mandaviya was appointed as Director.
Ceased
Dattatray Maruti Khamkar ceased to be Director.
Ceased
Gordhanbhai Anandjibhai Mandaviya ceased to be Director.

1 earlier event is listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Veer Savarkar Projects Private Limited

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Subsidiaries & Group Companies of Veer Savarkar Projects Private Limited

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GST Compliance of Veer Savarkar Projects Private Limited

Veer Savarkar Projects has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECV5477D1Z4MaharashtraActive01 Jul 2017
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MCA Filings & Documents of Veer Savarkar Projects Private Limited

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Frequently Asked Questions about Veer Savarkar Projects Private Limited

Veer Savarkar Projects has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Veer Savarkar Projects was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 August 2013 and is registered under CIN U70102MH2013PTC247076. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Veer Savarkar Projects was incorporated on 16 August 2013. It is registered with the Registrar of Companies, Mumbai.

Veer Savarkar Projects had 2 directors:

The CIN (Corporate Identification Number) of Veer Savarkar Projects is U70102MH2013PTC247076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Veer Savarkar Projects is at Cts No. 737912A1A Signature Oshiwara Off. Veera Desai Road AndheriW, Mumbai, Maharashtra, India – 400053.

Veer Savarkar Projects reported revenue of ₹261.49 Cr for FY 2024 (up 239% YoY).

Veer Savarkar Projects has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.

Veer Savarkar Projects reported a net profit of ₹89.31 Cr (net margin 34.2%) and EBITDA of ₹116.75 Cr (EBITDA margin 44.6%) for FY 2024, as per its filed financial statements.

The GSTIN of Veer Savarkar Projects is 27AAECV5477D1Z4, registered in Maharashtra.

Veer Savarkar Projects operated in the real estate and construction industry, in the real estate builders and developers segment.

No. Veer Savarkar Projects is not listed on any stock exchange. It is an unlisted company.

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