About Yash Shelters Limited
Data last updated:
Yash Shelters Limited was a public limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 13 April 1992.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1992PLC017540. Its GSTIN is 24AACCR2291P1Z1 (Gujarat).
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.09 Lakh. It was formerly known as Redex Leasing and Finance Private Limited and Redex Shelters Limited. It was led by directors including Gnanesh Rajendrabhai Bhagat (Managing Director) and Angana Gnanesh Bhagat.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 3 Parshwanath Business Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹48.9 Lakh (net margin 2.6%) and EBITDA of ₹1.18 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 333% over three years and 87% over five years.
As per MCA filings, the company had open charges of ₹3 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The last known website on record is yashglobal.net.
Company details
Name history
Yash Shelters has undergone 2 name changes throughout its history. The company was previously known as Redex Leasing And Finance Private Limited, and Redex Shelters Limited. The current legal name is Yash Shelters Limited.
| Company Name | Status |
|---|---|
| Yash Shelters Limited | Current |
| Redex Leasing And Finance Private Limited | Previous |
| Redex Shelters Limited | Previous |
Contact details
Yash Shelters Limited's registered office is in Ahmedabad, Gujarat. Its website is yashglobal.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCorporate House No. 3 Parshwanath Business Park Behind Prahaladnagar Garden S.G. Highwa, Y, Ahmedabad, Gujarat, India – 380014
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Yash Shelters 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
Business activity
The main business activity of Yash Shelters is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Yash Shelters Limited, buy the company report.
Financials of Yash Shelters Limited
FY 2024 filings availableYash Shelters Limited reported revenue of ₹18.79 Cr (up 1216% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 87% over five years. EBITDA rose 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.9 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Yash Shelters Limited, buy the company report.
Board of directors of Yash Shelters Limited
Yash Shelters has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gnanesh Rajendrabhai Bhagat | Managing Director | 18 Nov 2007 | 18 Years 11 Months | As last reported |
| Angana Gnanesh Bhagat Also directs: Yash Aqua Build LLP | Director | 19 Feb 2002 | 24 Years 8 Months | As last reported |
| Twishaa Gnanesh Bhagat Also directs: Yash Innoventures Limited, Byond Business LLP | Director | 06 Jul 2021 | 5 Years 3 Months | As last reported |
Auditor
Yash Shelters Limited is audited by Dhruv A. Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhruv A. Shah & Associates | FY 2023 | 129865 |
Shareholding
The shareholding of Yash Shelters Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Yash Shelters Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2019 | 100263548 | Icici Bank Limited | ₹3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Yash Shelters Limited has 4 court cases on record: 4 filed by Yash Shelters. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| NCLAT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Company Appeal(AT) | Company appeal | Filed by the company against an individual | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Yash Shelters Limited, buy the company report.
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.
MSME payment delays
Yash Shelters Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 3 micro and small suppliers. 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| H.M. Architects |
To see the full MSME payment records of Yash Shelters Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Yash Shelters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCR2291P1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Yash Shelters Limited, buy the company report.
Recent activity
Yash Shelters Limited has 6 board changes on record since 2002: 3 appointments and 3 cessations. The latest: Birenkumar Bipinchandra Shah ceased to be Director on 06 Jul 2021.
Frequently asked questions
Yash Shelters 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.
Yash Shelters was a public limited company based in Ahmedabad, Gujarat, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 13 April 1992 and is registered under CIN U45201GJ1992PLC017540. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Yash Shelters was incorporated on 13 April 1992. It is registered with the Registrar of Companies, Ahmedabad.
Yash Shelters had 3 directors:
- Gnanesh Rajendrabhai Bhagat - Managing Director
- Angana Gnanesh Bhagat - Director
- Twishaa Gnanesh Bhagat - Director
The CIN (Corporate Identification Number) of Yash Shelters is U45201GJ1992PLC017540. 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 Yash Shelters is at Corporate House No. 3 Parshwanath Business Park Behind Prahaladnagar Garden S.G. Highwa, Y, Ahmedabad, Gujarat, India – 380014.
Yash Shelters can be reached through the website yashglobal.net. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Yash Shelters on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Yash Shelters is 24AACCR2291P1Z1, registered in Gujarat.
Yash Shelters operated in the infrastructure and utilities industry, in the general construction services segment.
Yash Shelters has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 3 micro and small suppliers. The latest return was filed on 17 Jun 2020.
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