Shrem Construction Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 6.67 Cr
- Company Age 14 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 85.00 Cr
- Satisfied Charges ₹ 345.00 Cr
- Revenue Growth 176.82%
- Profit Growth 111.95%
- Ebitda 33.55%
- Net Worth 9.85%
- Total Assets 40.82%
About Shrem Construction
Shrem Construction Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 April 2010 and has a history of 14 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 6.67 Cr.
The company currently has active open charges totaling ₹85.00 Cr. The company has closed loans amounting to ₹345.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shrem Construction Private Limited India is Vineet Taparia as CFO. Nitan Chhatwal, Smita Chhatwal, and Hitesh Chhatwal 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
U45200MH2010PTC202154
- Company No.
202154
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Apr 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Real Estate and Construction
What products or services does Shrem Construction Private Limited offer?
Shrem Construction Private Limited offers a wide range of products and services, including Engineering Consultant Service, Mining Consultants, Accommodation Services, Real Estate Agent, Real Estate Script Services, Financial Service, Finance Consultant.
Who are the key members and board of directors at Shrem Construction?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vineet Taparia  | CFO | 11-Mar-2016 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitan Chhatwal | Director | 17-Apr-2010 | Current |
| Smita Chhatwal | Director | 20-Aug-2010 | Current |
| Hitesh Chhatwal | Director | 17-Apr-2010 | Current |
Financial Performance of Shrem Construction.
Shrem Construction Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 176.82% increase. The company also saw a substantial improvement in profitability, with a 111.95% increase in profit. The company's net worth moved up by a moderate rise of 9.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shrem Construction?
In 2023, Shrem Construction had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Shrem Trading Llp
Nitan Chhatwal, Smita Chhatwal and 1 more are mutual person
- Shrem Global Business Llp
Nitan Chhatwal and Hitesh Chhatwal are mutual person
- Shrem Strategies Llp
Nitan Chhatwal is a mutual person
- Shrem Buildcon Llp
Nitan Chhatwal and Hitesh Chhatwal are mutual person
- Shrem Infra Builders Llp
Nitan Chhatwal and Hitesh Chhatwal are mutual person
- Shrem Aansav Realty Llp
Nitan Chhatwal is a mutual person
Charges (Loans)
Open Charges
₹85.00 Cr
Satisfied Charges
₹345.00 Cr
Charges Breakdown by Lending Institutions
- Others : 85.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2021 | Others | ₹85.00 Cr | Open |
| 09 Jan 2021 | Others | ₹15.00 Cr | Satisfied |
| 12 Dec 2019 | Others | ₹150.00 Cr | Satisfied |
| 26 Mar 2018 | Others | ₹160.00 Cr | Satisfied |
| 26 Jun 2015 | State Bank Of India | ₹20.00 Cr | Satisfied |
How Many Employees Work at Shrem Construction?
Shrem Construction has a workforce of 53 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shrem Construction, 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 Shrem Construction's trajectory.
Rating
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
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 Shrem Construction
Recent activity within the organization
- Charges
A charge registered on 09 Jan 2021 via Charge ID 100420970 with Others was fully satisfied on 22 Nov 2023.
- Annual General Meeting
Shrem Construction Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Shrem Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge registered on 12 Dec 2019 via Charge ID 100312702 with Others was fully satisfied on 27 Jan 2022.
- Charges
A charge registered on 26 Mar 2018 via Charge ID 100172054 with Others was fully satisfied on 03 Nov 2021.
- Charges
A charge with Others amounted to Rs. 85.00 Cr with Charge ID 100481291 was registered on 24 Aug 2021.
Recent News, Updates & Announcement
Dilip Buildcon to sell 24 SPVs to Shrem Group for Rs 1,600 cr.India Business News: New Delhi, Aug 24 () Construction firm Dilip Buildcon today said it has entered into a pact with Chhatwal Group Trust (Shrem Group) to sell its 24 sub.
- Shrem Group Buys 10% in Route Mobile.
Until last year the company had planned a public listing as an exit route for staff with employee stock option and some cash out for the founders who had bootstrapped it..
Frequently asked questions
What is the Incorporation or founding date of Shrem Construction Private Limited?
Shrem Construction Private Limited was incorporated on 17 Apr 2010.
What is authorized share capital and paid-up capital of Shrem Construction Private Limited?
The authorized share capital of Shrem Construction Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 6.67 Cr.
Who are the current board members & directors of Shrem Construction Private Limited?
Currently 4 directors are associated with Shrem Construction Private Limited.
- Nitan Chhatwal
- Smita Nitan Chhatwal
- Hitesh Chhatwal
- Vineet Taparia
What is the registered address of Shrem Construction Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shrem Construction Private Limited is 1101 Viraj Towers Jn Of Andheri Kurla Road W. E. Highway, (East) India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Shrem Construction Private Limited?
The corporate identification number (CIN) of Shrem Construction Private Limited is U45200MH2010PTC202154 and the company number is 202154 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shrem Construction Private Limited?
The Official website of Shrem Construction Private Limited is https://www.shrem.in
What has been the recent revenue trend for Shrem Construction Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shrem Construction Private Limited has risen by 176.82%.
How many employees does Shrem Construction Private Limited currently have?
As Per 2023 financial reports, 53 employees are currently employed by Shrem Construction Private Limited.
What change has been observed in the net worth of Shrem Construction Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shrem Construction Private Limited has experienced an upsurge of 9.85%.
What are the total open charges for Shrem Construction Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shrem Construction Private Limited amount to ₹ 85.00 Cr.
When was the last Balance Sheet of Shrem Construction Private Limited filed with the ROC?
The most recent Balance Sheet for Shrem Construction Private Limited was filed with the ROC on 31 Mar 2023.
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