Sheth Developers Private Limited

Real estate development company with projects in Mumbai and Dubai, developing over 12 million sqft.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sheth Developers Profile

Key Indicators

  • Authorised Capital ₹ 88.35 Cr
  • Paid Up Capital ₹ 86.87 Cr
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 839.27 Cr
  • Satisfied Charges ₹ 5,092.31 Cr
  • Revenue Growth -80.07%
  • Profit Growth -82.63%
  • Ebitda 60.18%
  • Net Worth 7.55%
  • Total Assets 17.46%

About Sheth Developers

Sheth Developers Private Limited (SDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 January 1993 and has a history of 32 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sheth Developers Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 88.35 Cr and a paid-up capital of Rs 86.87 Cr.

The company currently has active open charges totaling ₹839.27 Cr. The company has closed loans amounting to ₹5,092.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashwin Sheth, Hanuman Kanodia, and Sharad Doshi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200MH1993PTC070335

  • Company No.

    070335

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jan 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction
Company report

Sheth Developers Private Limited

Explore comprehensive data for Sheth Developers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sheth Developers?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashwin Sheth Country flag representing In Managing Director31-Mar-2003Current

Board Members (2)

NameDesignationAppointment DateStatus
Hanuman Kanodia Country flag representing In Director 08-Apr-2021Current
Sharad Doshi Country flag representing In Director 30-Sep-2024Current

Financial Performance of Sheth Developers.

Sheth Developers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 80.07% decrease. The company also saw a substantial fall in profitability, with a 82.63% decrease in profit. The company's net worth moved up by a moderate rise of 7.55%.

Sheth Developers revenue growth over time
Sheth Developers profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-80.07%
Revenue from Operations
-86.17%
Total Assets
17.46%
Profit or Loss
-82.63%
Net Worth
7.55%
EBITDA
60.18%

What is the Ownership and Shareholding Structure of Sheth Developers?

In 2023, Sheth Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹839.27 Cr

Satisfied Charges

₹5,092.31 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 730.05 Cr
  • Others : 81.50 Cr
  • Hdfc Bank Limited : 23.81 Cr
  • Axis Bank Limited : 3.91 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2025Axis Bank Limited₹2.67 CrOpen
20 Jan 2025Others₹3.50 CrOpen
22 Aug 2024Others₹25.00 CrOpen
13 Feb 2024Axis Bank Limited₹1.24 CrOpen
13 Dec 2023Others₹50.00 CrOpen

How Many Employees Work at Sheth Developers?

Sheth Developers has a workforce of 158 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Sheth Developers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sheth Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sheth Developers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sheth Developers

Recent activity within the organization

  • Charges

    A charge registered on 31 Jul 2023 via Charge ID 100763102 with Others was fully satisfied on 21 Feb 2025.

  • Charges

    A charge registered on 27 Dec 2021 via Charge ID 100518537 with Others was fully satisfied on 21 Feb 2025.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.67 Cr with Charge ID 101040592 was registered on 31 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 101040686 was registered on 20 Jan 2025.

  • Annual General Meeting

    Sheth Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sharad Nathuram Doshi was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 6 months 15 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Sheth Developers Private Limited?

    Sheth Developers Private Limited was incorporated on 06 Jan 1993.

  • What is authorized share capital and paid-up capital of Sheth Developers Private Limited?

    The authorized share capital of Sheth Developers Private Limited is ₹ 88.35 Cr and paid-up capital is ₹ 86.87 Cr.

  • Who are the current board members & directors of Sheth Developers Private Limited?

    Currently 3 directors are associated with Sheth Developers Private Limited.

    • Ashwin Natwarlal Sheth
    • Hanuman Parshad Kanodia
    • Sharad Nathuram Doshi

  • What is the registered address of Sheth Developers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sheth Developers Private Limited is 3Rd Floor Prius Infinity Paranjape B Scheme Subhash Road, Vile Parle (East) India, Mumbai, Maharashtra, 400057.

  • What is the corporate identification number (CIN) and company number of Sheth Developers Private Limited?

    The corporate identification number (CIN) of Sheth Developers Private Limited is U45200MH1993PTC070335 and the company number is 070335 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sheth Developers Private Limited?

    The Official website of Sheth Developers Private Limited is https://www.shethdevelopers.com

  • What has been the recent revenue trend for Sheth Developers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sheth Developers Private Limited has fallen by -80.07%.

  • How many employees does Sheth Developers Private Limited currently have?

    As Per 2023 financial reports, 158 employees are currently employed by Sheth Developers Private Limited.

  • What change has been observed in the net worth of Sheth Developers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sheth Developers Private Limited has experienced an upsurge of 7.55%.

  • What are the total open charges for Sheth Developers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sheth Developers Private Limited amount to ₹ 839.27 Cr.

  • When was the last Balance Sheet of Sheth Developers Private Limited filed with the ROC?

    The most recent Balance Sheet for Sheth Developers Private Limited was filed with the ROC on 31 Mar 2024.

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