Vivar Projects Private Limited
About Vivar Projects Private Limited
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Vivar Projects Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1995PTC024717.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Naranbhai Nagjibhai Satani and Anup Dolatram Desai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 40 Suruchi Soc Near Jamna Nagar Ghod Dod Road (Kbd) Choriyasi, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.07 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹78,622 (net margin 73.3%) and EBITDA of -₹8,090 (EBITDA margin -7.5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹3.73 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vivar Projects Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address40 Suruchi Soc Near Jamna Nagar Ghod Dod Road (Kbd) Choriyasi, Surat, Gujarat, India – 395007
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vivar Projects 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
Financials of Vivar Projects Private Limited
FY 2025 filings availableVivar Projects Private Limited reported revenue of ₹1.07 Lakh (up 200% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 200% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. 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 | ₹1.07 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8,090 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹78,622 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | -7.5% | ||||
| Net Profit Margin | 73.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Vivar Projects Private Limited, buy the company report.
Board of directors of Vivar Projects Private Limited
Vivar Projects has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naranbhai Nagjibhai Satani | Director | 29 Aug 2013 | 13 Years 1 Months | Current |
| Anup Dolatram Desai | Director | 12 May 2014 | 12 Years 5 Months | Current |
Auditor
Vivar Projects Private Limited is audited by ISHAN PRATULBHAI ASLOT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ISHAN PRATULBHAI ASLOT | FY 2023 | 180986 |
Shareholding
The shareholding of Vivar Projects 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 Vivar Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2011 | 10307683 | Bajaj Finance Limited | ₹3.73 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vivar Projects Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vivar Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vivar Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vivar Projects Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Rajeshkumar Hiralal Shah ceased to be Director on 21 Mar 2015.
1 earlier event is in the company report.
Frequently asked questions
Vivar Projects is an active private limited company based in Surat, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 February 1995 (31+ years old) and is registered under CIN U45201GJ1995PTC024717.
Vivar Projects has 2 current directors:
- Naranbhai Nagjibhai Satani - Director
- Anup Dolatram Desai - Director
The latest financial statements of Vivar Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vivar Projects is U45201GJ1995PTC024717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vivar Projects was incorporated on 21 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajeshkumar Hiralal Shah ceased to be Director on 21 Mar 2015. Rashnaben Anup Desai ceased to be Director on 23 May 2014. Anup Dolatram Desai was appointed as Director on 12 May 2014. Vivar Projects has 9 board changes on record in total.
The registered office of Vivar Projects is at 40 Suruchi Soc Near Jamna Nagar Ghod Dod Road Kbd Choriyasi, Surat, Gujarat, India – 395007.
Vivar Projects operates in the real estate and construction industry, in the real estate builders and developers segment.
Vivar Projects has open charges of ₹3.73 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Vivar Projects is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.