- CEO
- Mahesh Ratilal Sapariya
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
- Address
- Uma Shikhar Mumbai India
- IPO Date
- Jun 7, 2019
- Business
- Mahesh Developers Limited (MAHESH.BO) engages in civil construction and real estate development in India, primarily focusing on residential and commercial projects as a contractor and developer. The company constructs residential buildings and commercial properties, including notable projects such as Ramkrishna (approximately 90% complete), Chandrakiran, Sejal, Kamla Spaces, Avione Pawan Hans, and Beeta; it has completed over 125 buildings in prime Mumbai areas including Khar, Bandra, BKC, Santacruz, Parle, Juhu Scheme, Andheri, and Goregaon. Incorporated in 2008 and headquartered at Uma Shikhar, Ground Floor, 13th Road, Behind Khar Telephone Exchange, Khar West, Mumbai, Maharashtra, the company traces its origins to the Mahesh Group, active in construction since 1970 under promoters Ratilal Patel Sapariya and his sons Suresh, Ashok, and Mahesh Ratilal Sapariya.
The company serves target markets in the Mumbai metropolitan region, catering to residential and commercial clients through contracting services with reputed builders and developers. Its business segments encompass civil construction contracting and real estate development, with operations concentrated in India. No significant recent partnerships, acquisitions, funding rounds, new product launches, or major strategic expansions are reported within the last 1-2 years; recent announcements primarily involve regulatory compliances such as certificates under SEBI (Depository Participants) Regulations for dematerialization.