Wescon Properties Private Limited
About Wescon Properties Private Limited
Data last updated:
Wescon Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the building construction segment of the construction sector. It was incorporated on 31 December 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH1987PTC045753. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors including Arjun Sanjay Patel and Sanjay Kanubhai Patel.
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 501 Golden Bunglow 26 Juhurd Opp Santacruz Police Stat, Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.47 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹55.59 Lakh (net margin -359.3%) and EBITDA of -₹41.11 Lakh (EBITDA margin -265.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over five years.
Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address501 Golden Bunglow 26 Juhurd Opp Santacruz Police Stat, Mumbai, Maharashtra, India – 400054
- IndustryConstruction, Buildings
- 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 Wescon Properties Private Limited
The main business activity of Wescon Properties is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | 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 Wescon Properties Private Limited FY 2025 filings available
Wescon Properties Private Limited reported revenue of ₹15.47 Lakh (up 346% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Wescon Properties Private Limited
Revenue rose 346% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 33% 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 Wescon Properties Private 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 | -₹41.11 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹55.59 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 Wescon Properties Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -265.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -359.3% | •••• | •••• | •••• | •••• |
| 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 Wescon Properties 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.
Auditor Details of Wescon Properties Private Limited
Wescon Properties Private Limited is audited by Shah Modi Katudia & Co. LLP for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shah Modi Katudia & Co. LLP | 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 Wescon Properties Private Limited
Wescon Properties has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Sanjay Patel Also directs: Paramount Hospitality & Infraproject LLP, Niji Properties LLP, Santacruz Contractors and Builders Private Limited and 5 more | Director | 11 Jul 2017 | 9 Years 2 Months | Current |
| Sanjay Kanubhai Patel Also directs: Wescon Agro and Infrastructure LLP, Nivasana Hospitality LLP, Paramount Hospitality & Infraproject LLP and 5 more | Director | 30 Nov 1988 | 37 Years 10 Months | Current |
| Jesal Parag Thakkar | Director | 11 Jul 2017 | 9 Years 2 Months | Current |
| Kiritkumar Gopaldas Thakkar | Director | 29 Feb 1988 | 38 Years 7 Months | Current |
Ownership and Shareholding of Wescon Properties 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 Wescon Properties Private Limited
Wescon Properties Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Wescon Properties Private Limited
Wescon Properties Private Limited has 9 court cases on record: 4 filed by Wescon Properties, 5 filed against it. 1 case is pending and 8 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 1 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India THR the Office of Govt. Pleader | Pending |
| Bombay High Court | Writ petition | Filed by the company against District Deputy Registrar Co-Op Societies Thane Throu. Govt Pleader | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Maharashtra Housing and Area Development Authority and 3 Ors | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income-Tax,City-Ix, Mumbai | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed against the company by an individual | Disposed |
Full case history
All 9 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 Wescon Properties Private Limited
Employment history and EPFO contributions of people linked to Wescon Properties.
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.
CIN History of Wescon Properties Private Limited
Wescon Properties has one previous CIN (Corporate Identification Number): U45202MH2004PTC045753. The current CIN is U45202MH1987PTC045753, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202MH1987PTC045753 | Current |
| U45202MH2004PTC045753 | Previous |
Recent Activity on Wescon Properties Private Limited
Wescon Properties Private Limited has 4 board changes on record since 1988: 4 appointments. The latest: Arjun Sanjay Patel was appointed as Director on 11 Jul 2017.
Credit Ratings, Litigation & Regulatory Alerts for Wescon Properties 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 Wescon Properties 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 Wescon Properties 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 Wescon Properties Private Limited
Wescon Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Wescon Properties 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 Wescon Properties Private Limited
Wescon Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in buildings, within the construction industry. It was incorporated on 31 December 1987 (39+ years old) and is registered under CIN U45202MH1987PTC045753.
Wescon Properties reported revenue of ₹15.47 Lakh for FY 2024 (up 346% YoY).
Wescon Properties has 4 current directors:
- Arjun Sanjay Patel - Director
- Sanjay Kanubhai Patel - Director
- Jesal Parag Thakkar - Director
- Kiritkumar Gopaldas Thakkar - Director
Wescon Properties reported a net loss of ₹55.59 Lakh (net margin -359.3%) and EBITDA of -₹41.11 Lakh (EBITDA margin -265.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wescon Properties is -8% over five years. In the latest year (FY 2024) revenue rose 346%. CAGR is the steady yearly rate that links the first and the last year.
No. Wescon Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Wescon Properties is U45202MH1987PTC045753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wescon Properties has 9 court cases on record: 4 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Wescon Properties was incorporated on 31 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Arjun Sanjay Patel was appointed as Director on 11 Jul 2017. Jesal Parag Thakkar was appointed as Director on 11 Jul 2017. Sanjay Kanubhai Patel was appointed as Director on 30 Nov 1988. Wescon Properties has 4 board changes on record in total.