Shethdevelopers - Company overview

Shethdevelopers is an active private limited company registered with ROC Mumbai on 6 January 1993, more than 33 years ago.

1993-01-06 Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▼ -80.1%
FY 2023
PROFIT / LOSS
₹25–50 Cr
▼ -82.6%
FY 2023
EBITDA
Loss · ₹10–25 Cr
▲ 60.2%
FY 2023
NET WORTH
₹100–500 Cr
▲ 7.5%
FY 2023
TOTAL ASSETS
₹1000+ Cr
▲ 17.5%
FY 2023
EMPLOYEE COUNT
151–160
OPEN CHARGES
16
-
PAID-UP CAPITAL
86.87 cr
AUTHORISED CAPITAL
88.35 cr
COMPANY AGE
33 Years 9 Months
since 1993-01-06
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
1
Updated: 2023-11-30 13:21:09
TOTAL MONEY RAISED
₹500–1000 Cr
SATISFIED CHARGES
67
5,092.31 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Shethdevelopers covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
68/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (70), director (95) and company-foundation signals.
  • Operating for 33+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
70/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Shethdevelopers Company identity, industry, contact, and registration details from MCA and company records.

Shethdevelopers is an active private limited company registered with ROC Mumbai on 6 January 1993, more than 33 years ago. Its registered office is at 3Rd Floor, Prius Infinity, Paranjape B Scheme, Mumbai, Maharashtra. It was earlier known as Sheth Developers Limited.

Its filings describe the main line of business as buildings, which made up 100% of turnover.

It has three directors: Hanuman Parshad Kanodia, Ashwin Natwarlal Sheth and Sharad Nathuram Doshi. The longest-serving is Ashwin Natwarlal Sheth, on the board since 2003; the most recent to join is Sharad Nathuram Doshi, appointed in September 2024. Ashwin Natwarlal Sheth is the managing director. Eight former directors are on record; the most recent to leave was Chintan Ashwin Sheth in April 2021.

Paid-up capital stands at ₹86.87 crore out of ₹88.35 crore authorised. The last AGM on record was on 30 September 2025, for accounts made up to 31 March 2025. 16 charges (secured loans) are still open, and 67 more have been paid off.

Real Estate and Construction ••••••••
  • Location 3Rd Floor, Prius Infinity, Paranjape B Scheme, Mumbai, Maharashtra - 400057
  • Website shethdevelopers.com
Name History
Legal NameSheth Developers Private Limited
CIN / LLPINU45200MH1993PTC070335
Company No.070335
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1993-01-06
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
Credit RatingB- (Care)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Shethdevelopers (3) Current board members from MCA filings, including designation and appointment details.

H
Hanuman Parshad Kanodia
Director | Since 2021-04-08 | DIN: 00331178
A
Ashwin Natwarlal Sheth
Managing Director | Since 2003-03-31 | DIN: 00002053
S
Sharad Nathuram Doshi
Director | Since 2024-09-30 | DIN: 06968835

Financial Performance of Shethdevelopers Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▼ -80.1%
P&L ₹25–50 Cr ▼ -82.6%
EBITDA Loss · ₹10–25 Cr ▲ 60.2%
Net worth ₹100–500 Cr ▲ 7.5%

Exact figures and labelled charts require an active report plan.

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Charges of Shethdevelopers Open and satisfied charges registered against the company with MCA.

Others : 115.36 cr
Open Charges: 16 Satisfied Charges: 67
Open -
Satisfied 5,092.31 cr
LenderAmountStatus
Others
Creation Date: 14 Nov 2025
 15.00 cr Open
Others
Creation Date: 05 Nov 2025
 85.00 cr Open
Others
Creation Date: 31 Oct 2025
 2.76 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ConstructionBuildings100

Financial Ratios of Shethdevelopers Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Shethdevelopers Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Shethdevelopers EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Shethdevelopers GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Shethdevelopers Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

3 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Shethdevelopers MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Shethdevelopers Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Shethdevelopers Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Shethdevelopers?
MCA does not publish an "owner" field. Shethdevelopers is run by its directors, Hanuman Parshad Kanodia, Ashwin Natwarlal Sheth and Sharad Nathuram Doshi, with Ashwin Natwarlal Sheth as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Shethdevelopers?
Shethdevelopers has three current directors: Hanuman Parshad Kanodia (since April 2021), Ashwin Natwarlal Sheth (since March 2003) and Sharad Nathuram Doshi (since September 2024). Ashwin Natwarlal Sheth is the managing director.
What is CIN of Shethdevelopers?
The CIN of Shethdevelopers is U45200MH1993PTC070335. Reading it left to right: U means it is not listed, 45200 is the industry code it registered under, MH is Maharashtra, 1993 is the year it was registered, PTC is the company type and 070335 is its registration number.
When was Shethdevelopers incorporated?
Shethdevelopers was incorporated on 6 January 1993 with ROC Mumbai. That makes it more than 33 years old.
What is the registered address of Shethdevelopers?
The registered office on MCA records is 3Rd Floor, Prius Infinity, Paranjape B Scheme, Mumbai, Maharashtra - 400057.
What is the current status of Shethdevelopers?
MCA shows Shethdevelopers as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Shethdevelopers?
You can post to its registered office at 3Rd Floor, Prius Infinity, Paranjape B Scheme, Mumbai, Maharashtra - 400057 and use its website, https://shethdevelopers.com.
What industry or business activity is Shethdevelopers associated with?
Its MCA filings list the main business as buildings (100% of turnover).
What is paid-up capital and authorised share capital of Shethdevelopers?
Paid-up capital is ₹86.87 crore and authorised capital is ₹88.35 crore, so about 98% of the authorised amount has been issued.
When did Shethdevelopers last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Shethdevelopers?
16 charges against Shethdevelopers are still open and 67 have been satisfied.
Have any directors left Shethdevelopers?
Yes, eight former directors are on record. The most recent to leave were Chintan Ashwin Sheth (April 2021), Maulik Ashwin Sheth (April 2021) and Jitendra Natwarlal Sheth (January 2019).
What is the turnover or revenue of Shethdevelopers?
Based on filed financial statements, the revenue of Shethdevelopers for FY 2023 was in the ₹50–100 Cr range. That is down 80.1% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Shethdevelopers?
For FY 2023, the net worth of Shethdevelopers was in the ₹100–500 Cr range.
How can I get the financial details of Shethdevelopers?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Shethdevelopers?
The website on record for Shethdevelopers is https://shethdevelopers.com.
Which company owns shethdevelopers.com?
shethdevelopers.com is the website listed for Sheth Developers Private Limited in its company records.
Shethdevelopers - is it listed or unlisted?
Shethdevelopers is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Shethdevelopers?
Shethdevelopers is registered with ROC Mumbai.
What is the company classification of Shethdevelopers?
MCA classifies Shethdevelopers as: Private Limited Indian Non-Government Company.
Does Shethdevelopers have GST registrations on file?
Yes, one active GST registration is linked to Shethdevelopers.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.