Sheth Developers & Realtors (India) Limited

Develops and maintains buildings, including a retail mall with various amenities.

1993 | Thane, Maharashtra (India) | Merged
Last Updated: February 17, 2025

Sheth Developers & Realtors (India) Profile

Key Indicators

  • Authorised Capital ₹ 62.00 Cr
  • Paid Up Capital ₹ 38.93 Cr
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 2,073.81 Cr
  • Revenue Growth -20.23%
  • Profit Growth -381.18%
  • Ebitda 19.27%
  • Net Worth -21.45%
  • Total Assets -5.59%

About Sheth Developers & Realtors (India)

Sheth Developers & Realtors (India) Limited (SDRIL) is Amalgamated company established on 19 Mar 1993 with its office registered at Thane, Maharashtra, India and has been running since 31 Year, 11 Months with a paid up capital of 38.93 Cr. According to MCA records, 5 Directors and 3 Signatories are linked to this company as of 17 Feb 2025.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29130MH1993PLC071231

  • Company No.

    071231

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1993

  • Date of AGM

    04 Jul 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Sheth Developers & Realtors (India)?

Executive Team (3)

NameDesignationAppointment DateStatus
Koshtishwaran Iyer CFO30-Sep-2022Current
Sejal Sharma Country flag representing In Company Secretary30-Sep-2022Current
Rajamani Iyer CFO10-Feb-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Karim Merchant Country flag representing In Nominee Director 10-Feb-2022Current
Ashwin Puri Country flag representing In Nominee Director 10-Feb-2022Current
Koshtishwaran Iyer Country flag representing In Nominee Director 10-Feb-2022Current
Ashwani Singh Country flag representing In Director 09-May-2022Current
Deepak Jagwani Country flag representing In Director 09-May-2022Current

Financial Performance of Sheth Developers & Realtors (India).

Sheth Developers & Realtors (India) Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 20.23% decrease. The company also saw a substantial fall in profitability, with a 381.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.45%.

Graph illustrating revenue growth over time
Graph showing 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
-20.23%
Revenue from Operations
-20.61%
Total Assets
-5.59%
Profit or Loss
-381.18%
Net Worth
-21.45%
EBITDA
19.27%

What is the Ownership and Shareholding Structure of Sheth Developers & Realtors (India)?

In 2022, Sheth Developers & Realtors (India) 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

₹0

Satisfied Charges

₹2,073.81 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 621.31 Cr
  • State Bank Of India : 557.50 Cr
  • Allahabad Bank : 300.00 Cr
  • Indiabulls Financial Services Limited : 285.00 Cr
  • Indiabulls Housing Finance Limited : 185.00 Cr
  • Others : 125.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2022Axis Bank Limited₹1.20 CrSatisfied
20 Jul 2019Axis Bank Limited₹1.06 MSatisfied
17 Oct 2017Axis Bank Limited₹620.00 CrSatisfied
01 Oct 2013State Bank Of India₹557.50 CrSatisfied
28 Feb 2013Indiabulls Housing Finance Limited₹60.00 CrSatisfied

How Many Employees Work at Sheth Developers & Realtors (India)?

Sheth Developers & Realtors (India) has a workforce of 57 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sheth Developers & Realtors (India), 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 & Realtors (India)'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 & Realtors (India)

Recent activity within the organization

  • Charges

    A charge registered on 31 Mar 2022 via Charge ID 100555484 with Axis Bank Limited was fully satisfied on 14 Feb 2023.

    14 Feb 2023

  • Charges

    A charge registered on 20 Jul 2019 via Charge ID 100282925 with Axis Bank Limited was fully satisfied on 14 Feb 2023.

    14 Feb 2023

  • Director Appointment

    Sejal Vishwanath Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • Charges

    A charge registered on 17 Oct 2017 via Charge ID 100131922 with Axis Bank Limited was fully satisfied on 07 Sep 2022.

    07 Sep 2022

  • Annual General Meeting

    Sheth Developers & Realtors (India) Limited last Annual general meeting of members was held on 04 Jul 2022 as per latest MCA records.

    04 Jul 2022

  • Director Appointment

    Ashwani Singh was appointed as a Director was appointed as a Director on 09 May 2022 & has been associated with this company since 2 years 9 months .

    09 May 2022

Frequently asked questions

  • Sheth Developers & Realtors (India) Limited was incorporated on 19 Mar 1993.

  • The authorized share capital of Sheth Developers & Realtors (India) Limited is ₹ 62.00 Cr and paid-up capital is ₹ 38.93 Cr.

  • Currently 8 directors are associated with Sheth Developers & Realtors (India) Limited.

    • Ashwin Puri
    • Karim Kasimali Merchant
    • Koshtishwaran Iyer
    • Ashwani Singh
    • Deepak Jagwani
    • Koshtishwaran Iyer
    • Sejal Vishwanath Sharma
    • Rajamani Koshtishwaran Iyer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sheth Developers & Realtors (India) Limited is Viviana Mall Mall Management Office Upper Basement Eastern Express Highway, (West) India, Thane, Maharashtra, 400606.

  • The corporate identification number (CIN) of Sheth Developers & Realtors (India) Limited is U29130MH1993PLC071231 and the company number is 071231 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sheth Developers & Realtors (India) Limited is https://www.shethdevelopers.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sheth Developers & Realtors (India) Limited has fallen by -20.23%.

  • As Per 2022 financial reports, 57 employees are currently employed by Sheth Developers & Realtors (India) Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sheth Developers & Realtors (India) Limited has experienced an downturn of -21.45%.

  • The most recent Balance Sheet for Sheth Developers & Realtors (India) Limited was filed with the ROC on 31 Mar 2022.

People also Viewed

Similar Companies Based on Real Estate Builders & Developers