Spiti Realty Limited - Due diligence report

A 360° intelligence report on Spiti Realty Limited: trust score, financial health, credit view, compliance, directors, growth and distress s…

1992-07-01 Vadodara, Gujarat Active Unlisted Active Compliant
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SR Spiti Realty Limited
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Spiti Realty Limited — 360° Intelligence Report

Generated from MCA filings & public records
87/100
Trust Score
Low Risk

Spiti Realty Limited is assessed as Low Risk with a Trust Score of 87/100. Spiti Realty Limited is an active public limited indian non-government company incorporated in 1992, operating in the Real Estate and Construction sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Spiti Realty Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
87/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 60/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
Harita Prayag Kadakia 01234567 Director 01/04/2018 6 yrs Approved
Prayag Shailesh Kadakia 01234567 Director 01/04/2018 6 yrs Approved
Kunal Birenbhai Patel 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • 3 director exit(s) in the last 3 years.
06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
2 allotment(s) · 0 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Key managerial personnel: Prayag Shailesh Kadakia (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 80 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Profit expanded 1.42 year-on-year.
Operating for 34+ years.
Distress signals & risk flags
Outside liabilities up 2.1x in a year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence85/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment76/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view85/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
23 Mar 2024
Director appointed
Harita Prayag Kadakia (Director)
13 Feb 2024
Director ceased
Aniket Birenbhai Patel
Director ceased
Prayag Shailesh Kadakia
Director ceased
Kunal Birenbhai Patel
23 Mar 2023
Director appointed
Prayag Shailesh Kadakia (Managing Director)
Director appointed
Kunal Birenbhai Patel (Director)
Director ceased
AKANKSHA RAJENDRA WAGHASKAR
Director ceased
KIRAN SUBHASH WARALE
24 Jul 2022
Director ceased
KSHITIJ GAIKWAD
16 Jul 2022
Director ceased
HITESBHAI CHOKSI ARUNKUMAR
20 Jun 2022
Director ceased
YOGESHKUMAR PATEL NARAYANBHAI
31 Mar 2022
Director ceased
SNEH HITESHKUMAR CHOKSHI
01 Oct 2020
Director ceased
JOSHI JAYANTILAL JAYESH
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Akul Buildtech Private Limited U70102CH2007PTC030666 Chandigarh, Chandigarh, India
Ganeshvani Impex Private Limited U51909WB2012PTC185074 Darjeeling, West Bengal, India
Vallabh Landscape Private Limited U45309GJ2017PTC100210 Gandhidham, Gujarat, India
Queens Park Property Company Limited U45201WB1978PTC031333 Kolkata, West Bengal, India
Uphar Conclave Private Limited U45400WB2008PTC123650 Kolkata, West Bengal, India
Bp Developers Private Limited U70101OR2011PTC014445 Bhubaneswar, Orissa, India
Lingraj Properties Private Limited U70101WB2006PTC109752 Kolkata, West Bengal, India
Marble Arch Properties Pvt Ltd U51109WB1995PTC069879 Kolkata, West Bengal, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Spiti Realty Limited before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Spiti Realty Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 80/100, margin trends, ownership structure and peer set for Spiti Realty Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 87/100, distress signals and MSME payment-delay disclosures - know whether Spiti Realty Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Spiti Realty Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Spiti Realty Limited an active company?

Spiti Realty Limited has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Spiti Realty Limited financially healthy?

Spiti Realty Limited has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Spiti Realty Limited?

Its overall Trust Score is 87/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Spiti Realty Limited?

Promoters hold the largest single block of equity - exact percentages are in the full report. 3 active director(s) are on record.

Does Spiti Realty Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Spiti Realty Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Spiti Realty Limited?

Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.